Howard Lindzon
TRENDS - Find them, ride them and get off! Stocks. venture and civilizationDeep Market Thoughts…’We Got a Bleeder’ AND Check Out My LAST EVER Television Appearance10:04pm Wednesday, July 2nd, 2008
I can’t bare to look at myself and yet I am dumb enough to go on television. I hope Cody is making a lot of money because everything about television sucks from the preparation to the lights to the make-up….
What really pisses me off is I spent so much time grooming for my short television visit (plucking nose hairs, shaving, putting on a shirt, wearing shoes) and yet I look like ‘Jabba the Hud’ when I sit down. That shirt just went in the garbage. In fact, I am just going to let my nosehairs grow out and do a combover. Should take a week.
THE STOCK JOCKEY WAS KIND ENOUGH TO TRACK DOWN THE CLIP . BTW - RedLasso bites serious ass with it’s horrid player.
As for the hilarity of what was going on behind me…
You have John Mauldin , Barry Ritholz and a bunch of Danish money managers.
My first line to John Mauldin (I swear and Barry would back me up on this) - ‘I would read you, but my father-in-law does’. The table just busted out laughing. It was awesome. He is a serious guy, but busted out laughing himself. I just ripped into a few Danish guys there with him (he has an entourage) about selling all their oil rights to Norway. I tried to sell them some land in west Phoenix. Nice bottom tick Denmark on oil. As for Barry, he’s just too sweet to rip on (and he would not hear it as he is always talking at you) so I let him just argue about economics and politics with the intense group of newsletterers. He and Mauldin about punched each other about taxes and economic figures. I was doing shots.
I would like to blather about the market, but you know what happened.
Actually, The FLY sums up the market situation better and funnier than me:
The airlines, autos, banks and the retailers are all going under. Ironically, the fucking farmers are doing swell. Remember back in the 80’s, when those fuckers were as poor as cow shit? They even threw concerts (Farm Aid) for those assholes. Farmers were just walking away from their crops and moving to the ‘big city,’ like the fucking rubes they are.
I bet loads of those assholes took up executive positions at Bear Stearns.
Oh the irony.
Check Out Fox TV 5pm For Lindzon on Bull and Bear with Cody7:43am Wednesday, July 2nd, 2008
I will prove to the venture vixen once again that I have a face for blogging.
Happy Canada Day Hosers…Let’s Celebrate By Making Fun of Presidential Candidates8:48pm Tuesday, July 1st, 2008
From the mind of Ben Relles who keeps pulling off hugely viral videos for Barely Political :
Deep Market Thoughts…Nothing New - We Need a Catalyst8:35pm Tuesday, July 1st, 2008
We have two catalysts right now that rule…Oil and Busted American Financial Brands. They will rule until something big happens - not a rate cut or tick up in home sales or GM sales.
It is and will continue to be about oil.
I was twittering today that I covered some shorts and Apple. I felt like putting them on at the end of the day again, but I did not.
Been way too easy.
Than I read The Fly tonight and kind of wished I had. In the end, I do lot’s more than just own stocks and I am enjoying the fact that I have not been annihalated. I am a terrible shortseller and have hit .900 the last few weeks. I am not that smart.
If we crash, that’s not a great odd’s play anyway.
Fly is saying the same stuff, just filthier
.
The market needs a catalyst to jump. It needs Warren Buffett to step in and rip the throats out of the bears, via buying out (C: 17.13 +2.21%), or something like that.
However, we all know, that’s crack pipe dreams.
Instead, we get to enjoy the constant and persistent cornering of the oil markets, at the hands of ’sovereign wealth funds.’
Please, don’t tell me the 900 billion dollar Saudi Arabian ’sovereign wealth fund’ isn’t buying massive quantities of crude futures. The oil bubble will pop, when those fuckers endure an $80 down day in crude. You’ll know oil is going lower, when the cameras shift to the crude traders in Dubai, showing despair— and men with their turbans in hand.
Until then, oil is going higher and there is nothing you or your stupid friends can do about it.
Lindzonisms
"Social Leverage - You can't have too much".