Is the stock market going to tank?

[huckbucket]

No surprise the BABA/YHOO offshore bank Chinese scam is unraveling.

YHOO's timing sucks hard to say the least. A little foresight (like maybe a month ago) would have saved them millions unless they were trying to avoid the appearance of an insider move.

[4matic]

Markets are active today. If it turns lower it's not going to be pretty. New lows oil. BOX ipo was all hype....crashing

[4matic]

High yield bonds have put in a good low. Bullish.

[Bromontana]

Respecting the stop loss of $16 on $OIL was a good idea.

[4matic]

Thirty Year US Treasury bond paying 2.25% today. A 1% handle is right around the corner.

20 year chart:

http://bigcharts.marketwatch.com/qui...&show=&time=20

[Bromontana]

Timing like this is always fun. Reshorted WTI on a sputtering runup $45.40 / SCO $102.50 ---> $44.90 / SCO $104.66. A quick 2% trade that amounts to +30bp to push January net to 2.85% .

[Purveyor of Slack]

I made me a bunch o dinero by doin sum shit haha!!!!

[insertchartdisrighthere]

Yea that's right, oh yea btw it's playing da QE. Haha sukas it's ota it's only the future y'all fuckin .

Yer kids 'll thank ya

[Purveyor of Slack]

Oh ya I fergott the smiler thang

[Purveyor of Slack]

Er I zits da deflato thang..?? Golly gee I jus don't know

[Purveyor of Slack]

Insert chart here

[4matic]

Imade me a bunch o dinero by doin sum shit haha!!!!


Yea that's right, oh yea btw it's playing da QE. Haha sukas it's ota it's only the future y'all fuckin .

Yer kids 'll thank ya

That's truth. $1m will earn you $22k risk free annually thirty years. Benny got his...

[Purveyor of Slack]

Haha! True dat! But dirty money is dirty money. In the end it's you and your squirming brain. At what point is dirty too dirty? Serious question.

[4matic]

Haha! True dat! But dirty money is dirty money. In the end it's you and your squirming brain. At what point is dirty too dirty? Serious question.

I won't own BABA. Well, maybe I would... Capitalism is dirty. It's not a question of enough. It's a Zero Sum game - somebody wins, somebody loses. Money itself isn't lost or made, it's simply, transferred - from one perception to another. Like magic.

[Bromontana]

The onus is on you to establish how buying and selling derivatives linked to oil futures is dirty. I shorted Lehman before they collapsed, does that make me double evil?

[Purveyor of Slack]

I think your probably a decent guy as I'm sure most on here are. I think you smart enough to know it's not a zero sum game. Many positives but also many negatives. Look around you...waaaayy around you.

Blowback does not equal zero sum. We are living in a shitstorm of blowback. Resources......resources.

[huckbucket]

I only get pissed when I hear how firms/people are flaunting literal or implied rules or taking advantage of others who don't have the intellectually capacity to understand their situation or money.

[Bromontana]

Either I clock in and help a $60bln MNC amass more power and capital, or I act as an independent trader exchanging paper with other willing participants. Neither is particularly sexy or beneficial to the human race.

I only get pissed when I hear how firms/people are flaunting literal or implied rules or taking advantage of others who don't have the intellectually capacity to understand their situation or money.

Yes the flouting of financial regs and pursuant obfuscation by guys like Jamie Dimon is despicable. Not a fan of that in the slightest. Looking back at the history of equity markets, I see independent traders as more or less innocuous. A few exceptions here and there, but the real harm tends to flow down from institutional corruption and ineffective oversight.

[Purveyor of Slack]

Either I clock in and help a $60bln MNC amass more power and capital, or I act as an independent trader exchanging paper with other willing participants. Neither is particularly sexy or beneficial to the human race.

Is the "willing participant" truly on an equal footing as all the other participants?

Is the lack of equal info/knowledge due to laziness or is the information disseminated weighted toward $$$ and power?

Would you win in the OTC derivatives game?? What about labor fixing?? That didn't really happen now did it? OBVIOUSLY that only occurred because we were all willing participants. Haha.

Dirty is dirty. We are all culpable , come on posting on a ski board when the planet is on fire??

Would you like to make a killing off smith and Wesson stock if your bro took a bullet to his head from a smith and Wesson. Justify it it's ok.

Btw I'm not wishing that on you or your bro just an example.

[4matic]

Is the "willing participant" truly on an equal footing as all the other participants?

Is the lack of equal info/knowledge due to laziness or is the information disseminated weighted toward $$$ and power?

Would you win in the OTC derivatives game?? What about labor fixing?? That didn't really happen now did it? OBVIOUSLY that only occurred because we were all willing participants. Haha.

Dirty is dirty. We are all culpable , come on posting on a ski board when the planet is on fire??

.

The most valuable commodity I know of, is information. The public's out there throwin' darts at a board. I don't throw darts at a board - I bet on sure things.

Wake up, will ya POS? If you're not inside, you're outside, OK? And I'm not talking a $100,000 a year working at Vail stiff flying business class and being comfortable, I'm talking about liquid. Rich enough to have your own jet. Rich enough to ski powder wherever I want. A player, or nothing.

[Bromontana]

Is the "willing participant" truly on an equal footing as all the other participants?

Absolutely not.

Is the lack of equal info/knowledge due to laziness or is the information disseminated weighted toward $$$ and power?

At the retail level it's laziness. At the institutional level it's money and power.

Would you win in the OTC derivatives game??

Not a chance.

What about labor fixing?? That didn't really happen now did it? OBVIOUSLY that only occurred because we were all willing participants. Haha.

Referencing the silicon valley fixing? It was a conspiracy among execs, is what it is: yet more evidence of inefficiency in labor markets.

Dirty is dirty. We are all culpable , come on posting on a ski board when the planet is on fire??

Would you like to make a killing off smith and Wesson stock if your bro took a bullet to his head from a smith and Wesson. Justify it it's ok.

Btw I'm not wishing that on you or your bro just an example.

This is where you and I seem to diverge. I don't think financial markets are inherently corrupt. The participants are going to always be corrupt within x & y %. But that rate of infection shouldn't be used as justification for damning the entire system and anyone that engages.

[MontuckyFried]

This is where you and I seem to diverge. I don't think financial markets are inherently corrupt. The participants are going to always be corrupt within x & y %. But that rate of infection shouldn't be used as justification for damning the entire system and anyone that engages.

Bromontana, you're absolutely correct, but don't feed the troll.

[Purveyor of Slack]

Absolutely not.



At the retail level it's laziness. At the institutional level it's money and power.



Not a chance.



Referencing the silicon valley fixing? It was a conspiracy among execs, is what it is: yet more evidence of inefficiency in labor markets.



This is where you and I seem to diverge. I don't think financial markets are inherently corrupt. The participants are going to always be corrupt within x & y %. But that rate of infection shouldn't be used as justification for damning the entire system and anyone that engages.

Sorry about that, I meant to type libor fixing not labor fixing

Really i just wanted to see if you and 4 matic could look from the outside, in. I,m sure you are both cool peeps. Adios and both you guys have a good one.

[Purveyor of Slack]

Bromontana, you're absolutely correct, but don't feed the troll.

Your definition of a troll is someone who disagrees with you.
Not surprising.

Now type a bunch of shit...ready set ....go!

[4matic]

Crude oil up 8%

[Benny Profane]

Crude oil up 8%

Looks like a bottom has been made.