Entries from August 15th, 2010

In Re: The Mysterious Case Of the White House TARP

August 15th, 2010 · 2 Comments · breaking news

So there’s a tarp thrown over the west wing of the White House – no context or anything, there’s just this picture on the AP or whatever. Remodeling? Bug bomb? Alien autopsy? Reorganizing all the government files that literally shouldn’t see the light of day? Your guess is as good as mine. It took me [...]

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Technical Indicators: Oh, The Huge Manatee

August 13th, 2010 · No Comments · markets

Reuters tells us all about the “Hindenburg Omen” technical indicator: Named after the zeppelin disaster that took place over Lakehurst, New Jersey, in 1937, the pattern is a “rare but potent” sell signal, said Jay Shartsis, director of option trading at R.F. Lafferty & Co. For this to be activated, it requires at least 2.2 [...]

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Quickie: A Coffee Recommendation From Charles Nenner

August 13th, 2010 · No Comments · breaking news

(image from Toothpaste for Dinner) Charles Nenner had some serious typos in his forecasts for the S&P and Gold this morning, and he sent out a correction, blaming it on a combination of Friday the 13th and his new coffee. Usually I won’t post his forecasts here because I don’t want a cease and desist, [...]

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The Case Of Dan Meyers v. Sailing Anarchy. Get Some Snacks…

August 13th, 2010 · No Comments · bitchfights

…because Dan Meyers will need them. Guffaw! First Marblehead (NYSE:FMD) CEO Daniel Meyers, like many other wealthy CEOs in his peer group, has a few hobbies outside of raking dollars in hand-over-fist. His other interests evidently include sailing, flying around in a Gulfstream jet owned by his own LLC and sending First Marblehead the bill, [...]

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Extreme Foreclosure On The Mansion Behind The Futon Factory

August 11th, 2010 · 4 Comments · fail

ABC’s “Extreme Makeover” – part of that endless procession of reality television that changes people’s lives for the better just long enough to get the ratings to come in – is also a great example of the excesses of the housing crisis, since it plopped people down square in the middle of gigantic homes that, [...]

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