Disqus - Latest Comments for 112358

Re: These Are The People Who Do Not Want The Fed's Veil Lifted

The Arbitrageur — Wed, 15 Jul 2009 16:19:04 -0000

Elitist Bastards!

Re: Is A Case Of Quant Trading Industrial Sabotage About To Destroy Goldman Sachs?

The Arbitrageur — Sat, 11 Jul 2009 10:05:16 -0000

Uncle Screwtape is very upset with his nephew GS right now.

Re: Sergio Posts Bond As Toxic Code Percolates In Cyberspace

The Arbitrageur — Sat, 11 Jul 2009 09:54:49 -0000

Until then, Satan's right hand man (GS), the pinnacle of greed and corruption, is running the show with all levels of the government of this great Banana Republic complicit in these diablical schemes.

Well stated post Ben!

Re: Bloomberg's Jonathan Weil On GoldmanGate

The Arbitrageur — Sat, 11 Jul 2009 09:46:17 -0000

Satan's right hand man (GS), the pinnacle of greed, with the Executive Branch at its beckon call, spins its web of deceit and corruption of our Banana Republic.

Re: Bloomberg's Jonathan Weil On GoldmanGate

The Arbitrageur — Sat, 11 Jul 2009 09:42:05 -0000

>He's almost certainly just a Patsy.<

Certainly, Satan's right hand man (GS), the pinnacle of greed, would be a master of disinformation and diabolical schemes such as these with the "law" enforcing arm of the Executive Branch at its beckon call. The web of deceit and corruption of our banana republic is simply remarkable.

Re: Goldman Sachs Responds To Zero Hedge

The Arbitrageur — Thu, 02 Jul 2009 22:24:11 -0000

Don't pay attention to him...he had a little to much to drink at the "exotic dancer" bar along the railroad tracks.

Re: NYSE Extends Closing To 4:15 PM, Cites "System Irregularities"

The Arbitrageur — Thu, 02 Jul 2009 19:39:39 -0000

It'd be about time. We could use a COLA in this ridiculous state.

Re: Goldman Sachs Responds To Zero Hedge

The Arbitrageur — Thu, 02 Jul 2009 14:44:44 -0000

Molly Darcy's this Friday Night sweetie - I'll see you there ; ) We can make-up (0ut?) on the dance floor - okay?

Re: Toxic Equity Trading Order Flow On Wall Street

The Arbitrageur — Thu, 02 Jul 2009 14:09:14 -0000

First of all Saluzzi gets an A+ for excellent oral and written communication skills.
On to this fascinating topic…

As a discretionary retail trader (not a quant for sure)and having kept informed about this subject, yet having my butt kicked in the markets during the course of the last few months, I either have to quit or adjust.

I’ve settled down and returned to the principled basics of discipline and patience first and foremost before doing anything else, because this has been frustrating. I think the most important thing that came out of Saluzzi’s interview and white paper was that, yeah, this is a rigged game that probably will end badly but their strategy would be to “work around” this - discipline and patience (something that gotten away from me recently). These programmed trading and liquidity issues (SLP, Dark Pools, etc.) aren’t going to be changed soon. That is not to fault anyone for attempting, because this has become a very dangerous game. I think we all appreciate the relentless press by ZH to get to the bottom of this.

As for me, I won’t be purchasing or programming any algo machine to co-locate on an exchange, so what are my options? I’ve been slowly developing a work around strategy of my own, and it is beginning to work and that is some consolation to having a pretty bad net loosing streak this year (the wins have been small and hard to achieve). I’m bloodied and bruised but a better fighter. The end result of this dangerous game might be zero (from the world economy down to the discretionary retail trader) for most, but I’m in for the fight to the end. Let’s see who is standing then.

Chumly

Re: Toxic Equity Trading Order Flow On Wall Street

The Arbitrageur — Thu, 02 Jul 2009 14:06:16 -0000

Gotcha...

It's all about the math and physics. I think it's something like the point inside "ten to the negative forty-third degree," or somewhere close to that. This net negative debt producing machine will consume itself.

Re: Goldman Sachs Responds To Zero Hedge

The Arbitrageur — Thu, 02 Jul 2009 13:51:39 -0000

Yes, I too have repented and apologized to scantily-clad overweight women on beaches. It was very unprofessional of me also.

Re: Goldman Sachs Responds To Zero Hedge

The Arbitrageur — Thu, 02 Jul 2009 13:48:58 -0000

...and there would be rioting in the streets of this country within days. Even the knuckle draggers at the "exotic dancer" bars along the railroad tracks are starting to figure out that something is seriously wrong here.

Re: Goldman Sachs Responds To Zero Hedge

The Arbitrageur — Thu, 02 Jul 2009 13:35:52 -0000

I second that....having drafted and re-drafted letters for approval through GC's with everybody walking on eggshells, it is quite a remarkable response from GS.

Re: May San Diego Home Sales Increase Revised From 89% to 6.5%

The Arbitrageur — Wed, 01 Jul 2009 11:33:30 -0000

Actually, many rules for reporting shady government statistics (BLS numbers), hence the current manipulations, were changed under the Clinton Administration, continued under the Bush Administration and now are continued under B.O. (who promised "change" and transparency - hah!) Politics is skewed not our insight.

B.O.'s current CEA, Larry Summers, is one of the crooks who perpetuated this fraudulant system on us when he was advising President Clinton (Gramm-Bliley-Leach provisions for the corrupt ACORN, etc.)

Please try to gain an understanding of history before lecturing us about our "opinions."

Re: Frontrunning: July 1

The Arbitrageur — Wed, 01 Jul 2009 11:15:21 -0000

A detailed analysis backed by credible data would be nice.

Re: Frontrunning: July 1

The Arbitrageur — Wed, 01 Jul 2009 11:01:52 -0000

Denninger does make some nice points. I believe that one of the most important points he makes is about excessive debt. I will continue to make the argument that this excessive debt is our inflation, the inflation of many decades compounded into this current crisis. To add to the current pain, QTM advocates who bring you the charade of QE falsely believe debt must be increased on one side of the ledger (gov‘t) to pay for the failings of the other side of the ledger (flawed financial capitalism), in order to address the current excess debt which is also causing deflation. In essence, this explains our Negative Marginal Productivity of Debt. It is the mother of all financial storms. As deflation picks-up speed so will debt inflation (so long as QTM/QE are applied) until the two implosive forces consume each other and everything in their path.

This nonsense has to stop. Mr. Bernanke, if you live a long healthy life, you may still be dead from old age as my children attempt to bring their own children into an impoverished nation whose leaders could have honestly dealt with their problems but didn’t. The dissent of the masses will only grow with this realization - this will not be our heritage! In the meantime, you have perceived mouthpieces, blathering idiots like DK, cheering you on. We will become more entrenched and WILL not go away but only grow in numbers.

Re: Frontrunning: July 1

The Arbitrageur — Wed, 01 Jul 2009 09:32:00 -0000

“The worst is behind us but we’re a long ways off from a recovery in housing,” said Mark Vitner, a senior economist at Wachovia Corp.

How many times will we hear "the worst is behind us" BS? He apparently didn't get the memo about the rising foreclosure rate in the prime borrowers sector of housing. Certainly, "the worst is behind us" - c'mon!

*
Re: Unemployment

I am in awe of the prophetic powers of The Great One, as we now head over 10% just as predicted. Here's my own prediction: 12-15% (BLS) by the end of 2009.

Re: Dennis Lets Zero Hedge Have It

The Arbitrageur — Tue, 30 Jun 2009 23:21:51 -0000

Hey babe, I'll be at Molly Darcy's Friday Night - okay?

Re: Dennis Lets Zero Hedge Have It

The Arbitrageur — Tue, 30 Jun 2009 23:20:14 -0000

Re: David Rosenberg, Shockingly, Realistic

The Arbitrageur — Tue, 30 Jun 2009 22:11:30 -0000

Thanks Lizzy! I can't believe he quoted it - he really is an idiot!

Now, I must apologize to all the 350 lb women in thong bikinis, I would rather see you on the beach than DK on the boob tube.

Re: Dennis Lets Zero Hedge Have It

The Arbitrageur — Tue, 30 Jun 2009 22:04:14 -0000

Oh, one more thing DK - "hope and fortitude?" Hardly!

Why don't you show some fortitude and spend a program addressing one question of mine, which happens to be my favorite subject regarding macroeconomics: HOW is this country going to overcome the negative Marginal Productivity of Debt? I'll give you a little help - it was a rhetorical question - please fill in the blank provided ____________________________________________

Re: Dennis Lets Zero Hedge Have It

The Arbitrageur — Tue, 30 Jun 2009 22:01:19 -0000

Reposting from a few moments ago:

Yes, I will take credit for the 350 lb woman in the thong bikini post - thank you!

What is worse anonymity or intellectual dishonesty? I'll take honest intellectual discussion with anonymity vs the rah-rahm cheerleader blathering idiot DK on CNBC.

Posted from the office in my Fairfield County, CT home, dickwad!

Re: David Rosenberg, Shockingly, Realistic

The Arbitrageur — Tue, 30 Jun 2009 21:39:09 -0000

Yes, I will take credit for the 350 lb woman in the thong bikini post - thank you!

What is worse anonymity or intellectual dishonesty? I'll take honest intellectual discussion with anonymity vs the rah-rahm cheerleader blathering idiot DK on CNBC.

Posted from the office in my Fairfield County, CT home, dickwad!

Chumly

Re: May San Diego Home Sales Increase Revised From 89% to 6.5%

The Arbitrageur — Tue, 30 Jun 2009 20:28:14 -0000

California Association of Realtors computers provided to them courtesy of ACORN.

Re: NYSE Halts Transparency, Feels Goldman Program Trading Disclosure Is Unnecessary

The Arbitrageur — Tue, 30 Jun 2009 16:19:28 -0000

Putin's running the Russian Mob that is robbing Americans blind too. He's got the FBI, ATF, DEA, Dept of Insurance Fraud Divisions, et. al. running in circles.