Thursday, November 13, 2008

Things That I Can't Friggin Believe

Things That I Can't Friggin Believe

By Upside Trader | 6 November 2008

  • That LVS has gone from $122 to $6 and may rollover.

  • That GM and F are going woodshed

  • That LEH, BSC, AIG, WB, FNM , FRE don't exist anymore.

  • That AA which I used to trade in the high thirties is $10.

  • That Ben Bernanke still can't say we're in a recession.

  • That banks are hording $700 billion and sticking the consumer.

  • That people still listen to analysts.

  • That the analysts that upgraded Potash to a wicked crazy strong buy at 245 with a $355 target still have jobs.

  • That even now, NO ONE thinks outside the box.

  • That CNBC chuckles when Roubini or Whitney come on as if they are mad.

  • That the same guy that lobbied hard for 40 to 1 leverage at Goldman now has all the keys to the hen house (and everyone thinks that is 'normal').

  • The Octabox

  • That everyone talks at the same time while on the Octabox

  • That Jim Cramer still has people that call in and say BBBBBBBB-BOOYA

  • That Jim Cramer still has people.

  • That there are about 11,000 reality shows

  • That the president of Bear Stearns went on national TV and said they were flush with cash and had no counter party risk and went bankrupt a few days later.

  • That Jimmy Cayne cared more about bridge and Acapulco Gold than running a company.

  • That millionaires have become thousandaires

  • That 401k's are now 201k's

  • That Dick Fuld is clueless.

  • That the guys on the Senate Finance Commitee know less about the market than my Uncle Ned who sips steak through a straw.

  • That Uncle Ned is stll around.

  • That we are going to a zero interest rate environment but mortgage rates won't budge.

  • That MAROON 5 exists as anything.

  • That many people can't make their car, house or credit card payments (and that's BEFORE being laid off).

  • That Brittney Spears hasn't shaved anything in six months.

  • That John Mayer thinks he's profound.

  • That I didn't think of 'twitter'.

  • That my 11 year old son knows more about politics than I knew at 25.

  • That C.C. Sabathia will probably get $27 million per year as a free agent.

  • That I'm not C.C. Sabathia.

  • That my blog is exploding and I still don't know what HTML is.

ߧ

Normxxx    
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The content of any message or post by normxxx anywhere on this site is not to be construed as constituting market or investment advice. Such is intended for educational purposes only. Individuals should always consult with their own advisors for specific investment advice.

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