venn diagram of people who didnt call the market top and people who think this is the bottom = single overlapping circle.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
You can throw in an extra layer of bounce back HODL’er & hope-a-trons
That is thought provoking in endless ways. Obviously political but people reflexively thinking food shortages.
It’s a pretty cool puzzle.... things will change moving forward. The whole demand shock deal.
Look at commodities prices.
Coronavirus pandemic crashes commodity prices
https://www.upi.com/Top_News/US/2020...8791585863775/
During the Great Depression when people were starving the government was paying farmers to reduce crops and livestock.
Today, we lack the political will to do the right thing. Remember that.A lot of people in 1933 were angry with the government for killing baby pigs and plowing up cotton. They also opposed the idea of paying farmers not to plant and buying surplus food to raise its price. These agricultural policies were very unpopular among the millions of Americans who could not afford good food for their families. Roosevelt and his followers, however, claimed that his program saved millions who otherwise would have lost their farms and allowed Americans to store a large reserve as insurance against a series of bad harvests. Furthermore, the President's friends argued, it was cheaper to keep a family on the farm than to provide jobs for unemployed workers.
Rabbit punch the next simpleton who brings up 2008. Remember this Vice piece? It was excellent but is downright quaint when you watch it today.
As you were, soldier
Oh, special bonus
I will get my $10k grant before Mass Unemployed get their Cares Act $600/wk.
You know why.
Shopping list
Toilet paper
Eggs
gun.
How appealing is the daydream of taking the government loan for a couple mill and then just closing up shop? You don’t have to pledge a motherfucking thing.
A boy can dream.
no ones going to run out of UI, everyone will keep getting their checks.
the gotcha is those checks are going to buy much, much less than they do today.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
have a couple of buddies that are SBOs...
texted with one the other day...asked him how shit was going, if he was getting money to help payroll...
said it was a clusterfuck...hadn't gotten anything done cause the banks weren't prepared for it...didn't know what kinda documentation to ask for...
the more gobment the better...GL san, hoping your shit works out...
I'm under the impression that anything of $200k will take a personal guarantee and perhaps some collateral, though the latter is not a firm requirement. Your point remains, nonetheless. Borrow to the hilt, take some shots, it's free money so if it doesn't work file Ch. 7 and walk away. This isn't going to end well, but I've been riding that horse for a while and he needs to be shot.
please keep the PE raiding schemes to the shitthread.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
so for my upcoming trade of the week I'm thinking about:
buy May 15 calls w/ a 50 strike for $5 on RWM which shorts the Russell 2000 and is trading around 52.37.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Glad to. You are right about spreads. I bought some leaps on prudential last week and was aghast at the spreads. And re the parachutes remember what I said a while back regarding who the market makers are. Hard to beat em.
This article is old so the lack of volatility no longer applies but it shows the Difficult nature of trying to keep up with a group you aren’t a part of.
https://www.barrons.com/amp/articles...ing-1496459364
Futures up 1.5% or so.
The world is on fire but the markets keep afloat.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
You bust your roll upstairs at the crap table. So you sit down with $300 at the 1/2 game figuring you can kill the rest of the night with a chair and $1 drinks.
The Fed comes over from the $50/100 game with his girlfriend and her fake tits. The rules don’t apply to him so he sits with all his racks of green, black & purple. The Fed plays any two cards to the river and is destroying lives.
Fed is running over the game.
Go look at any of the ES continuous contracts the past few weeks and you realize how meaningless overnight has become.
The SPY closed hard last Friday. I remember watching that. Don’t know what that means.
Daly wrote about the futility of futures a couple weeks ago to his credit.
Sonatine said fib
He’s been admiring nature’s golden ratio in the shower again.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
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