Going south from here...

NEW -> Contingent Buyer Assistance Program
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Shiller says: hetrodox policy.</blockquote>
It's so refreshing to hear someone who has some common sense and a handle of reality. As I've told some of my friends and parents, it'll get worse before it gets better (which could take 2-3 years).
 
I'm watching CNBC Fast Money right now...these guys make me sick.



Just last week they were cheerleading how the bottom is gone, we are moving up from here, and how confident they feel. The whole time I shook my head.

Today they are talking about how they talked about the drop happening, how they talked about the rally being over, and that the economy still isn't fundametally sound for the market to continue to go up.



It's amazing how they flip-flop AFTER the fact and make it seem like they were guiding the right direction all along. What a bunch of pieces of worthless shits. They really piss me off.
 
[quote author="blackvault_cm" date=1225976897]I'm watching CNBC Fast Money right now...these guys make me sick.



Just last week they were cheerleading how the bottom is gone, we are moving up from here, and how confident they feel. The whole time I shook my head.

Today they are talking about how they talked about the drop happening, how they talked about the rally being over, and that the economy still isn't fundametally sound for the market to continue to go up.



It's amazing how they flip-flop AFTER the fact and make it seem like they were guiding the right direction all along. What a bunch of pieces of worthless shits. They really piss me off.</blockquote>
I only watch for entertainment value as well as to see what futures are doing. haha
 
[quote author="blackvault_cm" date=1225976897]I'm watching CNBC Fast Money right now...these guys make me sick.



Just last week they were cheerleading how the bottom is gone, we are moving up from here, and how confident they feel. The whole time I shook my head.

Today they are talking about how they talked about the drop happening, how they talked about the rally being over, and that the economy still isn't fundametally sound for the market to continue to go up.



It's amazing how they flip-flop AFTER the fact and make it seem like they were guiding the right direction all along. What a bunch of pieces of worthless shits. They really piss me off.</blockquote>


But they, along with Cramer and the rest of the CNBC crew provide a function: To continuously bring in the sheep to be sheared. No need to get upset; in fact, it is just the opposite. You should be appreciating their service and be happy you are smart enough to stay one step ahead.



Besides, who isn't entertained by Malaria Bartiromo practically has an orgasm right there on TV every time the DJIA jumps 200-300+ points in a day?
 
[quote author="blackvault_cm" date=1225976897]I'm watching CNBC Fast Money right now...these guys make me sick.



Just last week they were cheerleading how the bottom is gone, we are moving up from here, and how confident they feel. The whole time I shook my head.

Today they are talking about how they talked about the drop happening, how they talked about the rally being over, and that the economy still isn't fundametally sound for the market to continue to go up.



It's amazing how they flip-flop AFTER the fact and make it seem like they were guiding the right direction all along. What a bunch of pieces of worthless shits. They really piss me off.</blockquote>


But sometimes they Fleckenstein on, or that older, petit lady with her technical analysis. She has been right about everything she has said.
 
[quote author="usctrojanman29" date=1225978522]I only watch for entertainment value as well as to see what futures are doing. haha</blockquote>


Speaking of futures... it looks like it will be another down day as of right now. Also, Asia is getting hammered right now. Could be a good day for anyone who bought and are still holding their puts. I look forward to waking up and seeing green on the screen.
 
[quote author="awgee" date=1225980434]But sometimes they Fleckenstein on, or that older, petit lady with her technical analysis. She has been right about everything she has said.</blockquote>


Dude... the chart "grandma" rocks. Her tech analysis is spot on every time. Respect your elders, you young whipper snappers, we can all learn something from her.
 
[quote author="graphrix" date=1225980497][quote author="usctrojanman29" date=1225978522]I only watch for entertainment value as well as to see what futures are doing. haha</blockquote>


Speaking of futures... it looks like it will be another down day as of right now. Also, Asia is getting hammered right now. Could be a good day for anyone who bought and are still holding their puts. I look forward to waking up and seeing green on the screen.</blockquote>


I'm still in puts graph...never left...been preaching doom and gloom. Hopefully payout is around the corner and I can't wait.

If things pan out, I'm going to pay a little visit to Fletcher Jones.
 
I'm also doing analysis now on several stocks that seem like a worthwhile play.



First Solar puts to 110 or 120

Potash puts to 70

KB Homes puts to 13/14

Morgan Stanley puts to 15



Really want to buy Exxon puts as I think it can easily go to 65, but prices seem expensive for the potential payout. Prices on the above 4 especially FSLR and KBH are very cheap considering the mass reward.



Still calculating prices and running models though.
 
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