Saturday, October 31, 2009

Frankly Dear Buffet, I knew it, You have a problem





Frankly Dear Warren, I always knew there is something wrong with your folksy Image. You are the one of the biggest SOPITALISTS. Beneficiary of Dollar Depreciation and bigger than life Corporate America Insider.

"While many complain about taxpayers’ burden in bailing out banks, investment legend Warren Buffett points out that so far, taxpayers haven’t paid a cent.
“The taxpayer literally hasn’t bailed out anybody,” he told BBC. “We haven’t had a tax increase in the United States.”
So who’s paying for the bailout if not taxpayers?
“The lenders to the U.S. government have been bailing them out,” Buffett says. It’s really the Chinese, Japanese, and other foreigners buying Treasury bonds who have financed the bailout, he says. "


Dear Reader, notice how the above, cleverly, sidesteps the National Debt part of "Degree of Sopitalism" Formula, I presented just couple posts before this. Notice the statement part "we have not had tax increases". Of course, Dear Buffet, because we hid that by increasing the National Debt. Hallelujah! And then notice the part "So Far". That means Dear Buffet knows the existance of that gworing National Debt. But He did everything he could, in this article/interview to avoid the fact that it will eventually be payed TAXPAYER. Leaving less initiated to think: Perhaps foreigners will continue to pay for all of this. Yes, I am President of China


Really Dear Buffet?
Who pays for diminished Dollar Purchasing Power? Not your companies, they are the major benefcieries and bigger bonuses due to US losing purchase power! As they translate weak Dollar in higher, BOGUS profits Dear Warren!

Who will have to pay for more than 64 Trillion Gove debt ( for you math to get straight, foreigners only have less than 10 trillion of it, unless , of course, Dear Warren always saw most of US as foreigners in his imaginary world(:-). So, how could the same Man Dearest Warren, can say on one hand ( in WSJ just few weeks ago) that we are mortgaging our kids and say the above after only few weeks.
Senior Moment Dear Buffet? I always knew SOPITALISTS cannot keep the truth straight. Even if they are as smart as Dearest Warren Buffet.

Of course, catching the Bonanza of CRASH results helps to modify the history a bit( GS warrants made him Billions , so far, which he picked up at the height of collapse, at the same time he was , very wishy washy about the prospects of quick recovery!) There is nothing like couple Billion Dollars to change one's historical perspective of things. And that is true even for multibillioner like Dear Buffet.

No! now, I can agree , with you Dear Buffet, we got a lot foreigners that we SCREWED and I can see you laughing about that or at least not losing sleep over it. But, from there to say that USA public does not pay for what goes and pick and chose the parts(bank bailout) as offset able by DUPED foreigners is a mistake. Because Dear Buffet, Chines and Japanese are also laughing all the way to the bank, for , for all of those SCREWED up Dollars we cheated Foreigners out of they say to themselves... " these stupid Americans" we sold to them worthless toys and clothes for real money with which we can buy the OIL in Africa and resources in South America and Australia etc.
I know from your and Wall Of Shame Street Point of view the last who laughs are SOPITALISTS all over the world( including you and wall street), because , in the end loss of Dollar Purchase Power is what ordinary US will/is suffering and more of it coming! Pretty soon an American will be working for the same wage as his/her Chines counterpart!
Now, again, this was and inevitable process in the world where boundaries broke down. American car assembler could not continue making 30 times of what his/her Chinese counterpart gets, but still the loser is the loser. Who was not told that this is what is coming and they should do something about their Dollars, cause they are DISAPPEARING! Especially this is true for Savers, People On Social Security etc. Instead we fed them with "STRONG DOLLAR POLICY" BS to keep your types ahead of the curve in Dollar Depreciation. Oh, I know you are not planning on living on Social Security and it is hard for you to understand what average US is talking about(:-

Well, that is OK, Dear Warren. We have never thought you had it all straight. So, we will not hold this against you , because we already did in the pasts.
OK, I will give to you one more thing. "So far" is so cleverly added in your statement is MASTERFUL. You know it will , eventually paid by US taxpayer. You do!
Well, you then should read, may have read, my "degree of sopitalism" formulas, because that "so far" addition in your sentence , apparently encompassed the National Debt part, currently hidden from population.

165 comments:

John said...

Boris,

That "folksy" attitude never fooled me. All an act , a very good one, but still an act.

old john

John said...

Boris,

That "folksy" attitude never fooled me. All an act , a very good one, but still an act.

old john

Wanderer said...

Dear Boris,
Good morning.
Mr. Buffet was portrayed as a knight in shining armor when he invested in Goldman Sachs.
What a joke! Not only was he able to buy securities that the general public didn't have access to (structured for a high probability of large profits), but it's hard not to believe that he had direct information that the government was not going to let GS fail.
Essentially paying Buffet off to convince investors that they too should be in the stock market was very smart. Smart, but propaganda nonetheless.
I hope that you have a great weekend.

Bert

boris said...

Why Do I get the feeling
The greates crowed fo the network bloggers, Antisopitalists, are never fooled.

You, know...
I can only thank my lucky start to be amongst these calssy , truly classy people.

They have walked block or two in life and nothing fools them easily.
Yes, I do thank my GODS for being amongst readers like these

Dear John,
Dear Bert,

My very , very Dear Friends, I would not insult your intelligence to tell you this was mostly for your sonsumption.

We do have younger members of readers that I would really like to start thinking like you.

Thanks Dear Friends

Vishal said...

hopefully, now even the idiots will agree that Buffet is just another Sopitalist thats out to screw them.

Actuall, I dont any hope that the idiots will ever wise up to the sopitalist agme.

Vishal said...

This idiot cant even spell right.

That last sentence should read "Actually, I dont hold any hope that the idiots will ever wise up to the sopitalist game."

boris said...

Dear Vishal,
Combination of idiots not understanding and him being so skilled and MASTERFUL, hiding what he wants to say is....

I agree

An almost impossible for the most of public to suspect him.

Good Trading Dear Vishal

boris said...

Update of the CrashStatus On DOtNet the Figure in usual Area

xerxes said...

On Wall Street Dear Boris, they say, that Bad Fridays are followed by Bad Mondays .... GimmeYen :-)

xerxes said...

So thinking a bit here Dear Boris, the rally off the bogus GDP number last week was just a trick to unload the ridiculously overpriced garbage on the lumpen, before they sink the ship ....

Klaatu said...

Dear Boris,
I recently read
"The Meaning Of It All" by Richard Feynman.Here's one of his great quotes:
"There are 10 to the 11th. stars in the galaxy.
That used to be a big number.
But it's only a 100 billion.
It's less than the national deficit.
We used to call them astronomical numbers.
Now we should call them economical numbers."
Obviously written in the 80's before we went to the 12th and
13th powers.
I was musing on his numbers and remembered that our debt breaks down to $184,000 per person. Close to the 186,000 miles per second light travels. I read somewhere that if light enters a blackhole, that it can't escape. So I'm watching that $184,000. When we reach $186,000 I think we will enter a black hole with no escape, unless we hop aboard the golden rocket before we enter ;-)
............................
Your work is most appreciated,Boris.It's like tapping into my own black box research dept...I don't know what equations lie inside, but I like what comes out. Your weekend reviews and morning musings are just what I need to prepare for battle.
Good trading to all.
Klaatu

boris said...

Dear Klaatu,
THank you Dear Freind
Your confidence and support is what I need to keep getting myself for my own battles.

Without that incentive I get from you and other subscribers, I will, probably lack the motivation that is needed to keep going in these minefields every day.

Dear Klaatu,
Her is to you Health

My Very Dear Friend.

boris said...

Dear Xerxes,
Yes, the market is now in uncertain phase.
Dear J.P. Morgan would say "Markets will Cluctuate".

So, according to him this entire rally from March is not normal. It is more abnormal(:-

Good Trading Dear Xerxes

boris said...

Ok, I meant
"Markets Will Fluctuate"
of course(:-

Klaatu said...

Dear Boris,
Many decades ago there was a comedian named Irwin Corey.
He called himself Professor Irwin Corey,"The World's Foremost Authority".I believe he was the first comedian to take questions from the audience.On t.v.one night he took a question about the stock market.He was asked which way the market would go. He replied, as best as I can remember:
"Vell, the stock market is always
fluctuating.
Sometimes it fluctuates down. Right now it it is all flucked up."
That was on T.V. in the 60's.
Good night and good trading.
Klaatu

boris said...

Dear Klaatu,
Thanks for insights, which only you can bring.

I am in USA since late seventies, so, I would not know the 60s as well as you do. Yes, indeed looks refreshing from that era.

And that was a pretty heady time for stocks, being in a rally from 1949 into 1965 none stop! ALMOST(:-

Good Trading Dear Klaatu

xerxes said...

ISM Manufacturing today Dear Boris ...

xerxes said...

Bloomberg says that more gold jewelry is being melted for bullion than is being sold ... The lumpen are liquidating Dear Boris as the price rises ... So the lumpen are trading in congruence with JPMorgan and contra to the Chinese ... So which is the smart money Dear Boris :-)

xerxes said...

Bloomberg's, guest, foreign currency strategist just threw cold water on the idea of a rate hike by the RBA tomorrow, and incredibly so, she says I should cancel plans for a parity party for 2009 ... bummer
She said that no banks failed in Australia and the housing situation wasn't bubblish like US/UK so the strong currency is deserved...

xerxes said...

Bloomberg says that China is surging with rising export orders ... When will I see RMB in my wallet Dear Boris instead of FRNs :-)

boris said...

Where to Doctor
Robert Reich

Why Wall Street Reform is Stuck in Reverse

Why! I am amazed with ferocity of this article by Robert Reich. I do not know what to make of this.

First he removed comments sections completely as any good DICTATOR would do. Who needs feedback even it is called BLOG(:-

Second he is so hard hitting here, left and right that, I feel ashamed of my own efforts.

So, what happened to this former( perhaps still) Sopitalist, Dictator, Populist.
Let the Real Robert Reich Stand Please.

Whatver the Real Robert Reich is today ( and belive me he knows a lto more than you and I do, about internals of SOPITALISM) I cannot get over this incredibly accurate description of what is wrong with US today.

I am willing to take any comments, corrections on this, cause, to some extent, I am uanable to come up with any explanations fo these changes in Robert Reich.

Myaby they are not feeding hims as well as they used to these days(:-

Good Trading
While There, Please read also article before "Too Big To Fail"

boris said...

Dear Xerxes,
Good morning to you too(:-

Good Trading Dear Friend Xerxes

xerxes said...

Let me say this as clearly and forcefully as I can: The federal government should be spending even more than it already is on roads and bridges and schools and parks and everything else we need. It should make up for cutbacks at the state level, and then some. This is the only way to put Americans back to work. We did it during the Depression. It was called the WPA.

This was the core of RR's post from October 1st...He's a loser, was a loser when he worked for Clinton and will be a loser till he passes

boris said...

Dear Xerxes,
That is too harsh, Give a break to poor RR(:-

That was October 1st.
That is the reason I am surprised of his "potencial" CHANGE.

What you write there is A CLEAR SOPITALIST/DEMOCRATE RR

I do not see any of that in the articles I indicate.

And you know what Dear Xerxes,
I would rather My GOvermenet build the park then give it to GOLDMAN
(:-

If only RR knew where to stop in his suggested spending sprees!

Good Tradiang Dear Xerxes

boris said...

OK, no no way,I meant.
"rather build the park and then Give to Goldman as well"

No No, sorry for my GENGLISH

I meant

"rather buidl the park than give it to GOLDMAN"

OK.

boris said...

Ok, Ok,
I maybe getting it.
Dear Xerxes, is correct.
Unless RR retracts all his freaking spending and confiscation he is not serious and he has not changed. He just changed tactics. He feels if he is attacking the Wall Of Shame Street then he can get few souls confused enought and sympathetic enough to support him in his own model of confiscation not the GOLDMANS.

I think Dear Xerxes has it right, until otherwise proven

Good Trading Dear Xerxes

boris said...

Nevertheless, to imply/suggest/accuse! the president going soft on Wall Of Shame Street for millions of dinner contributions takes some cohones even for Dr Reich, but that again may serve as diversion, cause as long as OBAMA confiscates and spends RR has not problem. It is not as if OBAMA is in campaign. Not Campaign is over and now the confiscation/spending( Sorry "INVSESTMENT") are in full motion, RR does not care. He either knows or cares not that BHO is just a one term wonder. So he can beat hime on COntribtuions and softness to Wall Of SHame, as long as the deficits grow to the sky!

GOod Trading Dear Readers

boris said...

And yes, he has another article that implies that Healthcare is a side show/circus, to perhaps:

1) make people forget about Wall Of Shame Street
2) About joblessness

I find a lof ot truth in that.
So, here is what I suggest.

I think Dear RR is worth reading. As I said, he is gold mine of internals knowlege about the SOPITALISM ( hes was one, is one?) then try to pick the things out so that you subtract his agenda related things from it and you will be ok.

I can tell you one thing.
He is neither stupid, nor unlnowlegable. You can learn a lot from him as long as you know what to filter.
Good Trading All

xerxes said...

Citigroup is hoarding cash in preparation of another crash, as per Bloomberg, Dear Boris ... I guess if they're hoarding they must know, and Robert Rubin must know, when the crash will take place :-)

boris said...

Dear Xerxes,
If you were CITIBANK and you were Xerxes, would you land your money to Xerxes for 5% or US Gove BHO for 4.4% for 30 years.

WHich one would you do?

Yes I know, you do not have the printing presses, BHO does!!!

xerxes said...

Funny Dear Boris ... Some say that they gave some big bucks to the PPT on Friday to prevent a complete rout ...

boris said...

AH!
That PPT again Ha(:-

When will they get out our lives.
And let the crashes be crahes again?
Good Trading Dear Xerxes

xerxes said...

- Hungarian Forint Surges Up To 185.76 Against Dollar ...
- Czech Koruna Soars To 17.8850 Against Dollar ...
- Polish Zloty Rises To 2.8724 Against Dollar ...
- Turkish Lira Climbs To 1.4978 Against Dollar

I wonder if there's a message here Dear Boris :-)

xerxes said...

Bloomberg says that Stiglitz said in Shanghai that if the USG had nationalized the banks, the recession would be over as then the banks would follow orders and lend, lend lend

boris said...

Bruno Gehrig, a member of UBS’s
Board of Directors, believes that c -
entral banks face a huge challenge
in identifying the right moment to
start raising interest rates. Gehrig is
an authority in this area, having
served on the Governing Board and
as vice president of the Swiss
National Bank.

HE WAS ASKD
What are your personal rules for investing?
BRUNO GEHRIC: I exercise prudence and take
a basically defensive stance, although I do
enter into relatively aggressive risks with a
small portion of my assets that I can afford
to lose. I do not speculate with my main
portfolio.

Dear Readers, why did they interview this guy. They could have inteviewed me instead(:-

Good Trading all

boris said...

Dear Xerxes
said..
-Hungarian Forint Surges Up To 185.76 Against Dollar ...
- Czech Koruna Soars To 17.8850 Against Dollar ...
- Polish Zloty Rises To 2.8724 Against Dollar ...
- Turkish Lira Climbs To 1.4978 Against Dollar

I wonder if there's a message here Dear Boris :-)


YES MY DEAR FRIEND XERXES.
Learn some more Foreign Languages!!!

Good Trading Dear Xerxes

boris said...

Stiglitz said... see up there.
Said Dear Xerxes

What Dear Sticlitz did not say, apparenlty is that in the end you get the break up of the country ALA old USSR!

Good Trading Dear Xerxes

xerxes said...

These guys are amazing BSers Dear Boris ... This Bruno dude, did he mention that his core, conservative portfolio was all gold, Dear Boris? And his speculative portfolio was in the Go-Go Aussie :-)

xerxes said...

No trades yet today Dear Boris ... Twiddling my thumbs here wondering if I just missed the best entry in USDCAD at 1.0782

boris said...

Dear Xerxes
Who knows.
and he is Chinese, cannot speak English(:-

Good Trading Dear Xerxes

xerxes said...

Bloomberg has David Tice on and he says the SPX won't bottom till 400 Dear Boris ... He thinks cash is better than stocks/bonds/real estate and advises to be defensive and squirrel away some relics ...

John said...

Klaatu,

I remember Irwin Corey , many times he dressed in a tatter rain coat.

Boris,

As far as RR- he is just upset that he did not get his "cut" in the nonsense. Maybe some type of government grant for him and his associates, something like that.

old john

boris said...

Dear John,
I think you are right about RR
They did not feed him well.

And that is after all the work he has done to elect BHO.

Yeah, something happned in distribution of the confiscations. RR was left out, apparently(:-

Good Trading Very Dear Friend John

xerxes said...

If we break 2nd daily Dear Boris, could be doomsday for EURUSD bulls ... Early morning the pair dipped to 1.4683 .... GimmeYen

xerxes said...

Yes, Dear Boris....On his blog RR whined how The Governator cut his UC salary lolol ... Everybody else was gettin' the megabonuses and he got a haircut :-)

xerxes said...

Looking at the relic Dear Boris, I remember how big ears said, many years ago, that the fed should buy some mines so they would have 'deep reserves'...Now I thought it was a brilliant idea as who knows how much of the relic really would be there ... They never made the buy (as far as I know) but I wonder if the various ETF's amount to the same thing :-)

Vishal said...

thank you Dear Boris for this Buffet of posts on Buffet, cheers :D

boris said...

Dear Vishal
Welcome My Very Dear Friend
We are equal ooportunity bashers here and it does not matter who the offender( to ba bashed ) is(:-

Good Trading My very long time Dear Friend

boris said...

Dear Xerxes,
Dear John,

Today being a

COURTYEARD PROFESSOR
(Like Robert Reich, Paul Croogman etc... ) is tough job.

They inteview you on TV and expect to deliver perfect LIE. If you cannot, that is the end of your job and future. It is tough out there for these
COURTYEARDERS
I can tell you!
Not from my experience though, just from observation.

I never even saw the COURTYEARD(:-

Klaatu said...

Dear Boris,
From Barron's this week:
World Economic Forum report rated the Canadian banking system as the world's soundest. Others:
U.K. #44
U.S. #40
Germany #39
Switzerland #16
They made no subprime loans and a typical mortgage is only 5 years.
Good trading
Klaatu

boris said...

Emini197 On DotNet

boris said...

Dear Klaatu,
Thanks Dear Friend.

EYEOpener!

Good Trading Very Dear Friend

xerxes said...

Bloomberg says yhat traders are now saying that the selloff on friday was overdone Dear Boris ... Nothing like a little rally to revert to greed mode :-)

boris said...

Yes, Indeed Dear Xerxes,
Greed it is!

Good Trading Dear Friend

boris said...

So far,
We gollwed Red Path and then Dark Path are on it

xerxes said...

Looks like we're getting ready to head along the green arrow path Dear Boris, from the black arrow

xerxes said...

Deliberation patterns all over the place ... longs beware ....

boris said...

We have traced Perfect Path so far
!!!!!!!!!!

xerxes said...

Excellent calls so far Dear Boris ... Look at that relic, smokin' ...

Bloomberg had a woman from a UC school, a researcher who has done extensive work on the economy, especially as related to governmental effects, especially stimuli of whatever kind ... Anyways she said that after the immediate boost it has pernicious effects on growth, income and employment ... Of course, we already know that but she was so sure of her research that Brennan was breathless and didn't have an intelligent response

xerxes said...

At the moment seems like the 38% retrace is stalling antidollar advance

xerxes said...

Now what Dear Boris...seems like we're suspended at a 1% gain in SPX

boris said...

So far
Dear Xerxes
Dear Subscribers

It looks like market wants fo follow the Dark Path back to the down area.

We shall see if it what comes.

But, action today would have been to buy at or near the area bottom and sell at or near area top.

That would have been very profitable.

boris said...

Well, Dear Readers
YOu now get to see what our subscribers knew/saw this morning before markets open.

Just see market prediction made this morning, just see
the front of this site
YOu are now in comments section
Good Trading

boris said...

Market has traveled most of the distance we thought it would/could today.

It probably will close somewhere around these levels plus minus few points.

Good Trading All

xerxes said...

Good Morning Dear Boris ... Late start for me today ... I noticed that speculators sold the news of the Aussie rate hike ... I guess everybody is aware that not all is well in Dodge City Dear Boris ... I guess we need more stimuli :-)

Ivan said...

I have this message on my platform:

Dollar index DXZ9: all trades above 77,50 will be cancelled by the exchange due a "fat finger" error which triggered a 6% upside spike.

???

xerxes said...

Dear Ivan ... Euro bulls trying to protect their profits :-)

boris said...

Dear Xerxes,
Dear Ivan,
Sorry, I am having some computer problems, but hopefully will solve them soon

Good Trading

boris said...

Dear John, Emails us
This from a chicago politician. End corruption?

End Corruption

Good Trading Very Dear Friend John,

boris said...

UPdate Message On DotNet

John said...

Boris,

Warren is now just like the 1800s railroad barons but he has a much better public relations department

old john

boris said...

And he has BHO, Dear JOhn

Which means he will drive Dollar down/purposely and manufacturing out with cap and trade and howdy Warren driving Chines made wehicles into USA.

Taking over all of them, Japen, Korea, USA, move over.

Chu-chu-chu

Dear Warren.

Good Trading Dear John

Klaatu said...

Dear Boris
Excellent strategy review on this a.m's market outlook.
Many thanks and good trading.
Klaatu

xerxes said...

Chu Chu Warren is gonna lose here, IMVHO, Dear Boris .,,, Crap & Rape, should it pass, will destroy the railroad as they ship tons of coal ... Bloomberg says that patriotic warren is betting on future of USA ... With the USDX heading to 35, I don't see glittering marques in the USA future :-)

xerxes said...

Matt Rose, CEO of Burlington says that rails prosper when the US consumer spends like mad as they ship the consumed goods ... Cheap buck helps ag exports and coal exports ... So I guess warren envisions USA going head-=to-head with the down under crowd selling to China

boris said...

Dear Klaatu,
Thank you My Very Dear Friend
Thank you!

xerxes said...

Rose also said Dear Boris, that with the devil's excrement pushing 120+ his RR cashed in big time as shipping shifted from roadways to railways .... Perhaps that's the real reason warren wants to own rails ... hE knows where crude is headin'

boris said...

Not much inetersting is going on in the markets and that may make sense. Usually Fed first day is DULL.

So, we shall wait for tomorrow for firewarks!

GOod Trading

xerxes said...

Dear Boris ... Not a dull day at all ... Bloomberg had several guests that are talking about 'correction' in SPX of anywhere from 5-10 or 10-15 or 10-20% ... Notice how the percentages are increasing :-)

boris said...

Dollar and GOld Up Today!

Has somebody somewhere said this has a chance?

Good Trading Dear Readers

xerxes said...

Deutsche Bank said on Bloomberg that the Fed won't remove 'extended period' phrase from its release tomorrow giving the all clear signal to resume stomping the buck Dear Boris ...

boris said...

I hear You Dear Xerxes!
Believe me I do(:-

GOod Trading Dear Xerxes

xerxes said...

So Dear Boris ... Indian peasants were AWOL so the central bank stepped in and picked up 200 tons ... Are they smarter than JPMorgan, Goldman Sachs, IMF, et al Dear Boris?

xerxes said...

Prechter on Bloomberg later ... They say he says that SPX to hit 470 and DOW 4600 ... I thought he's been saying this forever??? He doesn't mention EURUSD Dear Boris :-)

xerxes said...

First time since 1988 that central banks have been net buyers of gold ... China, India, Mexico, Russia have been aggressive buyers past few months ... IMF selling Dear Boris ... Who's the shmuckeroo Here :-)

boris said...

Dear Xerxes,
You know, I have a hot line to heavens, right(:-

So, why are so surprised that I may have a hot line to Indian Central Bank(:-

Or alternatively, one of my Indian Dear Subscribers is from There(:-
Either way!

Good Trading Dear Xerxes

xerxes said...

Sarah tells us that EURUSD weakest it has been in a month with 'key' technicals broken, but, as negative fundamentals continue, don't expect any trend changes ... She says that the world is awash in buckeroos Dear Boris, and that with 0% interest and a vibrant carry trade, the buck is toxic ... So how high can she fly Dear Boris? Or is Bloomberg telling us the truth :-)

xerxes said...

But you didn't answer the question Dear Boris ... So I'll repost :

IMF selling Dear Boris ... Who's the shmuckeroo Here :-)

xerxes said...

They all are Dear Boris :-)

boris said...

Dear Xerxes,
I love when you answer your own question(:-

That saves me embarassment of not having an answer.

Thanks(:-

Good Trading Dear Xerxes

boris said...

Update On Gold
At
DotNet

xerxes said...

Good Morning Dear Boris

boris said...

Good Morning Dear Xerxes
Good Trading Very Dear Friend

xerxes said...

Brunei has the only black, white and yellow flag, Dear Boris ... Those are the hot colors today Dear Boris :-)

xerxes said...

ADP & Fed statement later today Dear Boris

boris said...

Dear Xerxes,
What got you looking at flags today?
Hm...

Good Trading Dear Xerxes

xerxes said...

SPX has been at 1051 for eons Dear Boris ...

xerxes said...

I don't know Dear Boris ... Can't decide if I should be buying or selling so I went off on a tangent :-)

xerxes said...

Buck has been kicked to the curb already today, Dear Boris ... Will Benny enjoy sending it into freefall later today

boris said...

Dear Xerxes,
You did well,

You followed one of my favorite rules

WHEN IN DOUBT, go tangetnet!

boris said...

I have mutilated this word

T A N G E N T!

xerxes said...

Indonesia and Poland are to lead the world out of recession, according to Bloomberg, Dear Boris, as they have largely domestic markets and small export sectors so they don't rely on the USA for growth ... Booommm

xerxes said...

Dear Boris .... Can you point out where we are on the SwissProj, maybe on dotnet, please

boris said...

I will place an update on dot net for swissproj

I meant to do that and thanks for nudging me(:-

Good Trading Dear Xerxes

xerxes said...

Irish sovereign credit rating cut 2 notches

xerxes said...

When will they cut DC's Dear Boris

boris said...

swissyproj002 on DotNet
Dear Xerxes and all subscribers

boris said...

When Dear Obama has lost the control over in Congress , or scare thereoff shows with the elections not going well for Democrates the signal will be clear that US people have downgraded the current administration and does not belive in them any more, so much so, that they will risk bringing REpublicans back , provided they come up with another "Contract with America" that will tie the hands of Washington Big spenders and Fed(eral) (Un)Reserve

Good Tading Dear Xerxes

xerxes said...

It won't matter Dear Boris ... Tweedledee or Twedledumb, Americans will get taxed to death just like Ms Clinton said the other day, "We tax everything that moves".....

xerxes said...

Great chart Dear Boris

boris said...

Dear Xerxes
"we tax everything"

That may explain whey people go less to bathrooms Dear Xerxes(:-

Good Trading

xerxes said...

And budget deficits are just another tax IMHO Dear Boris

boris said...

Emjoy Dear Xerxes

xerxes said...

Don't give 'em any ideas Dear Boris...They tax the inputs of the upper end of the alimentary canal, why not the lower end output :-)

xerxes said...

Walmart selling turkeys for 40 cents a pound Dear Boris ... Want one? :-)

xerxes said...

Some guy in the UK, on Bloomberg, said that the Goldmen run that country ... We know they run the USSA and Canada ... How dare the voters of New Jersey oust their man from the governor's mansion, Dear Boris ... The chutzpah Dear Boris ... Now, how will the Goldmen make them pay for their insolence, their impertinence Dear Boris :-)

boris said...

Dear Xerxes,
I have enough of my problems to solve(:-

Please do not give me the Goldmen problems!
(:::::::::::::;)

xerxes said...

ADP failed to excite despite the Bloomberg drumroll Dear Boris :-)

xerxes said...

65,000 drop in manufacturing which was 'surprising' considering the recent ism number ....

xerxes said...

Barclay's CEO says The Lord would approve of their oversized bonus system, that it is compatible with Christianity ... Goldmen said Amen ... Bloomberg said this Dear Boris, not I :-)

xerxes said...

treasury to sell 81 billion next week

boris said...

emini198.gif On DotNet

boris said...

sorry go back to the area, file reloaded

xerxes said...

can't access the oscillator area of dotnet now dear boris

John said...

xerxes

I cannot access either

old john

boris said...

Looks like we have failure on DotNet

Sorry about that , I am emailing the EMINi198 via email
please watch your email

boris said...

Please watch your email

xerxes said...

The buck's auto de fa is on stage once again Dear Boris ...

xerxes said...

no mail yet

boris said...

is there anybody who did not receive the the graph yet?

boris said...

anybody else who did not receive email

Klaatu said...

Dear Boris,
No e-mail yet.
Good trading.
Klaatu

boris said...

anybody left out?

Vishal said...

No email yet here .... thanks

xerxes said...

EURUSD retraced 50% of its losses from recent low of 1.4623 Dear Boris ... Only took a few hours :-)

John said...

no mail yet

old john

boris said...

Dear Vishal, Send
Dear Klaatu send
Dear John send
Dear Xerxes send
Dear Edwin send

John said...

got it-- thanks


old john

boris said...

Dear JOhn, thanks
who is left without email
?
??????

xerxes said...

we're already in green country heading to the tippity top Dear Boris

D said...

no email here...

spasiba!

priv said...

Boris, can I get my email too please :)
Sorry, had a major house flood and have been "bailing" for the last two days. Finally, things are starting to dry out!
Miriam

boris said...

Dear D,
Sent Manually.

Sorry about that

Good Trading

boris said...

Dear Mriam
Sent

Good Trading

D said...

it happens...

i opened a long CL position at 9:29:31 cst and closed it out one minute later for better than 80 cents/bbl.

woohoo!!

i wasn't even paying attention to the news flow (normal) and i thought my internet connection went down because my p/l went off the charts immediately. i always have cnbc on mute and looked up to see if there was anything going on and i saw it was the oil report and i promptly closed out the position and shorted a few contracts too.

gorli said...

hi boris, i have not gotten the email, so far!
gorli

xerxes said...

Some dude on Bloomberg says that OPEC is overproducing by 63% .. excess production in copper as well .. Says price is all 'investor hedging' of the buck ...

Vishal said...

thank you dear Boris, got email, cheers

boris said...

Good For you Dear D

GOod Trading, Congrats

Vishal said...

DotNet is back up, just downloaded swissyproj, cheers

boris said...

update DotNet

boris said...

redone,
Added , corrected

xerxes said...

S&P just placed Berkshire on credit watch with negative implications Dear Boris ...

Is EURUSD breaking through resistance here Dear Boris

xerxes said...

If you can join the Goldman team your kids got it made in the shade Dear Boris:

Peter Weinberg is an Anglo-American businessman. He was formerly CEO at Goldman Sachs International. He was educated at Claremont McKenna College, California, and received his MBA from Harvard in 1983. His grandfather, Sidney Weinberg, was senior partner at Goldman Sachs from 1930 to 1969, while his uncle, John L. Weinberg, was co-senior partner from 1974 to 84, and sole senior partner till 1990.

John said...

xerxes

I was a poor white male ( used to call us hillbillies before PC)- Father left when I was 12. He really had no profession. First one in family to graduate from high school, a little military adventure, 30 years at same job, 29 years to get a BA in finance. I guess I would not qualify for GS

old john
But I am as happy as a lark

John said...

xerxes

I was a poor white male ( used to call us hillbillies before PC)- Father left when I was 12. He really had no profession. First one in family to graduate from high school, a little military adventure, 30 years at same job, 29 years to get a BA in finance. I guess I would not qualify for GS

old john
But I am as happy as a lark

xerxes said...

Come on Dear John ... You're here, so you ain't no hillbilly :-)

boris said...

I think
Mr. Weinberg, gave a lot of BS
as "highly intelligent insigt"

Such as!

Trading is a good/useful, he may as well have said, PROFITABLE for Goldmen(:- function.

Shatzker, the my compadre at BOomberg, did not challenge him. Even though he did ask a question, what is so useful about economy where the best/biggest financial institutions are the ones tht trade, not the ones that help build the long term durable businesses.

He termed it "traders verus builder".

Who said trader is not a builder. WHo else is going to build the deep pockets if not the trader(:-


In any case, I told my subcribers over 2 years ago...

Watch carefully, sopitalist are planning armageddon of gyrating( giantly) stock financial markets. Because that will be the way they will be making money, which they have lost in "made up" crisis.


Well, all I can do is REST MY CAGE( this is not a misspelling) at this point.

Look at all profits at all the big finance instituions and you will see. They are all from trading, even the ones that are not calling trading, like taking deposit at 0 rate and lending it to Gov at 4!

Good Trading Dear Friends.
I wish I could tell you that the giant Gyrations are over. Strep you belts, they are coming. Not immediately. You need some rest, the Wall of Shame Street thins. Once you got some rest and feel on solid ground again another GIANT Gyration is coming. Remember they need all the losesses and as fast as possible or else(:-

Good Trading Again

boris said...

I meant, they need to recover all these losses as fast as possible or else(:-

xerxes said...

Dear Boris ... they make money by selling dollars ... that's what they teach them at Harvard? That's it? I guess so ...

xerxes said...

Looks like EURUSD is setup to take off ...

boris said...

Hello America!

Former Reagan Assistant Treasurey. Dr. Paul Craig Roberts

Wall Street Gangsters , Criminals are on the inside Gov, Fighting People, instead of being outside fighting the Gov.

WS Gangsters Frmr Reagan Treasury Assistant

Good Rreading

boris said...

Market Unable to better this mornings high. Indicates weakness, until it does so
THey ran Euro to 61 Fibo, but back to fifth

xerxes said...

Dollar bulls are hangin' on only by their fingernails dear boris

boris said...

Update ON DotNet