burrocrat's Account Talk

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When i was a stupid kid we used to sing aboat daniel boon. He was a big man, but the bear was bigger.

Never mind aboat the trees, they seem to do ok on their own.

I've since smartened up some i like to think.
 
100G to 75C 25S yesterday, see the tracker.

75C 25S to 100G today, see the tracker.

One and done, pull it. Too crunchy.
 
So i says to myself, self i says... nice catch dude.

+~1.5% and i'm done for july. 24 hr turn and i don't feel the least bit bad aboat it. Didn't even leave bread crumbs in the equity funds to play the <1% game, got my goal this month, i'll take it.

I wonder, say what's up with the hole greece euro thing? Haven't heard much lately. Don't the banks report earnings soon?

See ya, wouldn't want to be ya. Hiiiyaaaah!
 
oh man, i've been out of the market so long i think i might have forgot how to do it. now that the touchy feely let's all get long games are out of the way let's get back to the whole world is broke shenanigans.

i've changed my investment strategery this year from eternal optimism buy and hold try to catch a few extra waves to the old in and out for a quick score on the impending crashes. so it's been a while since we had a good 6-8% drop. and my trigger finger is gettin itchy.

what we need now is a good ole fashion catastrophe like an earthquake/tsunami/nukeler meltdown/sovereign default/political sex scandal or something to really spook the market.

c'mon honey, one time.
 
world humanitarian day.

august 19, 2012.

what have you done for ??????? lately?

all efforts appreciated. got heart?
 
well, it occurs to me that i should contribute some sage financial wisdom over on this side because the credentials on the political side are contingent on the majority of your posts not being strictly political or caustic.

i have to admit america, i have failed miserably at that task. now that's a refreshing bit of honesty rarely seen.

problem is, i don't really have anything wise to say about the markets. i'm still waiting for a gut wrenching drop so i can get back in. and not some pansy pants minus 3.5% crap. i'm waiting for a good ole flash crash or something. you know, like when it happens so fast you can't hardly breathe and the roof of your mouth tastes salty and you can't figure out where your nuts went in such a hurry?

let 'er rip tater chip. i got some free money burning a hole in my pocket.
 
You are so funny - you make me laugh. Now start singing get me in at any price 'cause this train is rolling out of the station and will not stop even after Mr. Romney is our new and better president.
 
ah, shucks. thank you.

but i never sing that tune.

just like back in 2009 when i got stuck bigtime all in on that trade. i'd rather sit tight and watch it burn. stubborn like a... well... like an ass i guess.

there'll come a time.
 
Hey man,

Thanks for the ideas over in my thread. I just wanted to let you know I haven't forgotten or intentionally ignored your wish for a pair of shisas. Ever since that discussion started, I've been walking the line between extremely busy and extremely lazy. Also haven't had the occassion to visit a touristy spot with souvenirs in quite some time. As the weather cools down over the next couple months, we'll have less beach time and more touristy weekends, so I'll be on the lookout for you.
 
so i hope i get the shot to get in here tomorrow or the next day. sitting 100g and minimal trades this year for +10.75%, and nailed most of that in july on a lucky swing.

i think we got another lucky swing coming up. down ~3% already and a couple bumps yet to go. the sky is falling.

if the doubting thomases are even half right it's time to get in for a quick score. so says the burro contrarion sentiment indicator.

let 'er buck.
 
well, that's a no go. we got part way down over the last week but not the 5%, and not quick enough to trigger a buy. now we're in the uncertainty election window and the market hates uncertainty. not much upside soon then, just noncomittal fear.

i suspect the big up move will happen next fri or monday when folks try to front run the exit polls. it's a three-way problem: a) got to guess the winning candidate, b) got to guess which way it will go if they win, and c) got to guess when to get in before the rest of everybody else does.

what if candidate x wins and that means lots of free money? does that mean the market goes crazy high on fiscal stimulus or crazy low on a future of devaluation? candidate y wins instead and the market goes crazy on the beltbtihtening. is that good for preservation of what's left of the currency or bad because too tight chokes growth?

what to do then? and when? got to get at least 3 coin flips in a row correct, not seeing much upside there either way.

i hardly ever say this but i'm glad i'm in cash.
 
i heard on the news how all the hotel rooms in the big apple (ask eve how that worked out) are booked solid but rest assured the money changers in the temple have plans to continue uninterrupted trading electronically and via remote sites. because if a super storm hits at x hour during high tide and a full moon the subways could flood like rats in a cage. all aboard! this ship of fools.
 
so what do you call a two day four percent drop immediately following a huge socio/politico event? would that be a sell off? or an anti-mandate? i don't know. but i can see.

what if this is just rich folks shuffling capital gains to avoid next year's tax man? then what happens when they are convinced there's no future on this path and start liquidating their equity?

oh crap. maybe the whole 'somebody else should pay for all my stuff' thing wasn't such a good idea.
 
burrocrat said:
so what do you call a two day four percent drop immediately following a huge socio/politico event? would that be a sell off? or an anti-mandate? i don't know. but i can see.

what if this is just rich folks shuffling capital gains to avoid next year's tax man? then what happens when they are convinced there's no future on this path and start liquidating their equity?

oh crap. maybe the whole 'somebody else should pay for all my stuff' thing wasn't such a good idea.
Click to expand...

If the market tanks, it just gives us shares at discount prices, I'm just waiting it out until a good buy opportunity happens.
 
i was hoping it would come back around for another pop, but i think all the easy money is past now.

ain't no reason running after something already gone ... kiss tomorrow goodbye.

YouTube
 
burrocrat said:
i was hoping it would come back around for another pop, but i think all the easy money is past now.

ain't no reason running after something already gone ... kiss tomorrow goodbye.

YouTube
Click to expand...

good market to go short in to take advantage of all this share dumping. already made over 10% buying into TZA / SPXS / SDOW
 
oooohh, such delicious despair!

everybody knows this sucker is going nowhere but down. abandon all hope yee. busted 50's and 200's. isreal doing us's job on hamas as proxy for iran. greece getting greased. total devaluation of a currency yet it's still the most desirable safety play. and more free money on the horizon for everybody, unless you have money, then you will learn to share.

nobody can see nothing but a dark tunnel, and even if a light showed up it would only be the train coming back for another pass at us. lions tigers and bears oh my.


give us a screamer down tomorrow on the open then please, shake the last nuts out of the tree. c'mon honey one time.
 
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