Disqus - Latest Comments for fishgonebad

Re: HFT And Goldman Sachs Boiling Point: NYT And Max Keiser

Fish Gone Bad — Sat, 25 Jul 2009 13:46:39 -0000

Max is always entertaining.

It is a crime to lie to a congressman, however, a congressman can lie as much as he wants. I am thinking that Paulson is protected as well. No one may like the lying, but it goes on. History will paint Paulson as a great savior.

No one is going to be dragged to the Hague. Not Goldman Sachs, not Paulson, no one. That said, the Chinese have set an (end of) August deadline for the US to stop f*cking around. Here is the quote from Dorsch, "Bernanke’s pledge to stop the printing presses after August was a grand omission of Washington’s subservience to its paymasters in Beijing. " ( http://www.marketoracle.co....

Neither the American public, nor its lawmakers will make banksters behave. However, I am betting the Chinese will. Perhaps this will be Opium Wars III, The Payback.

Re: Market Rips, Short Interest Plunges

Fish Gone Bad — Sat, 25 Jul 2009 11:52:50 -0000

All this paranoia is interesting to read.

There is more stock that is not sold short than is. If the stock goes up 25%, there are way more people making money than those losing money by being squeezed. Always remember that the stock market is a merchandising operation. Stock is bought for a low price, then sold and shorted at a higher price. If there is not enough stock to sell short, then the shorts are squeezed to essentially "short the shorts". Once all the stock that can be sold, is, and all the stock that can be shorted, is, then the market will go down.

Please do not forget that "eraser head" Geithner and "bowl cut" Bernanke have been kowtowed. They promised their Chinese masters to stop f*cking around by August. Now I do not know if that is August 1st or August 31st, but my understanding is that "August 1st is August", so there should be another week of runaway stock prices. That said, both of our boys have been hemming and hawing about removing supports (what is that, buying SPY?).

Then again, what would a cursing fish know?

Re: So It Begins: The SEC Commences Investigation Into Goldman Sachs Trading Practices

Fish Gone Bad — Fri, 24 Jul 2009 02:31:40 -0000

Having written to the SEC myself, I am glad to see that at least someone gets a return message.

For anyone from Goldman Sachs et al, and CNBC:
Why is a company like Goldman Sachs or any of 14 others, allowed a CFTC exemption to trade commodities? Their only reason for existence is to make everything more expensive for everyone else. Think about it, they exist to get between the farmer and the market, or the oil well and the refinery.

For anyone not familiar with what I am writing about, here is a real world example. Have you ever wanted to see a concert, only to find out that a scalper has the only good tickets? The scalpers job is to make money off of you wanting a ticket to a show. The artist makes money, the box office makes money, and now so does someone else whose sole job it is is to make money off of your need. The fact of the matter is, you do not need to go see a show. However, you do need to eat and get to work. So why is it that a "parasite" is allowed to add $30 profit to the price of oil? Or $2 to wheat?

I would like FishGoneBad.com to be added to the list of companies that are allowed an exemption from the CFTC. Heck, I am feeling generous, let's add everyone at CNBC as well. Let's all be allowed to stand in the way of hard working people everywhere and add as much money to the cost of everything so that we can all get the houses and cars we deserve, and pay off our debts.

Upon reading what I just wrote, I see the folly in it. I see little reason to allow anyone other than myself into the "in" crowd. I am smart, creative, and most of all, wickedly funny.

Re: Paulson Pwned

Fish Gone Bad — Thu, 23 Jul 2009 23:27:54 -0000

Where do I go to get all these government perks? If and when Paulson gets found guilty of being a douche, he already has a waiver.

Re: No Green Shoots For Moody's REAL Index

Fish Gone Bad — Mon, 20 Jul 2009 15:03:42 -0000

This super duper discounter over by where my father lives in (gasp) Moreno Valley by the name of Kenmart is going out of business. How bad can things be when even poor people can't afford $5 jeans and $1 shirts?

Re: This Message Brought To You By Goldman Sachs' Noble Liquidity Provisioning Team

Fish Gone Bad — Mon, 20 Jul 2009 14:03:42 -0000

Here is a transcript of the secretly taped conversation between Charlie Gasparino and Van Praag.

Van Praag: Charlie, do you know who signs your check?
Charlie Gasparino: (picking his nose) Uh, my boss does.
Van Praag: Let me put it this way, do you know who signs your boss's check?
Charlie Gasparino: (digging for a big one, then looking at it) What are you going to tell me, its you?
Van Praag: Why yes I am. Now why don't you stop being a <expletive deleted=""> retard and tow the line?
Charlie Gasparino: (looking at floor despondently, and sounding like the Beav) Ah gee wiz Wally, you take all the fun out of things.
Van Praag: And Charlie? On those new porno pages that are up on CNBC, put up some of that Teagan chick who looks like Britney Spears, and some of that Stoya chick too.

There you have it, CNBC works for Goldman Sachs.

Re: Market Plunge Prevention: Friday Lunch Edition

Fish Gone Bad — Fri, 17 Jul 2009 13:02:33 -0000

The game is to get the other guy to be forced out of his short position at the most painful time. To add insult to injury, then they will run the stock down! This way you absolutely know you were right, and are willing to commit the same mistake once again.

The best way to avoid a margin call is to not use a margin (I learned that lesson the hard way).

Re: Goldman Sachs Full Frontal

Fish Gone Bad — Fri, 17 Jul 2009 12:09:26 -0000

Goldman Sachs is a Halloween Snake. It pushes you down and steals your candy ( http://www.fishgonebad.com/... )

Re: A "Criminally Insane" Cliff Asness Takes On Health Care Mythology And Pretty Much Everything Else

Fish Gone Bad — Fri, 17 Jul 2009 10:47:15 -0000

Free syringes to the first 20 people who email Cliff Asness ( comments@stumblingontruth.com ).

Re: Mark It Zero!

Fish Gone Bad — Thu, 16 Jul 2009 14:35:30 -0000

That is too funny. Its a good thing you planned ahead.

Re: "United Scholars For The Fed" - Petition Signatories Update

Fish Gone Bad — Thu, 16 Jul 2009 14:22:17 -0000

I hate to tell all the UC employees this, but you signed loyalty oath swearing to "defend" the U.S. and California constitutions "against all enemies, foreign and domestic."

All these loyal US citizens appear to condoning the violation of Article I of the constitution. The power to create money rests solely with the US Congress. The Federal Reserve is not now, and never was a government entity. Apparently all these college educated "smarties" failed their civics course. SHAME ON ALL OF YOU.

Re: Stop Trading

Fish Gone Bad — Wed, 15 Jul 2009 16:38:51 -0000

I was reading Gary Dorsch last night (http://www.marketoracle.co.... and he made this comment: Bernanke’s pledge to stop the printing presses after August was a grand omission of Washington’s subservience to its paymasters in Beijing.

Well my thoughts on this is that as a going away present, the Fed/Goldman is going to have a very large going out of business party, and all party attendees will get "most excellent" parting gifts. Watch FAZ hit $5 again, and in the process, push bank stocks up through the roof.

Just like a smoker "quitting tomorrow", the Fed/Goldman are going to party like there is no tomorrow.

Re: Amusing Morning Interlude

Fish Gone Bad — Wed, 15 Jul 2009 09:32:49 -0000

Do those glasses make Dennis Kneale's face look fat? No, the fat makes him look fat.

Re: Ratigan And Ritholtz Discuss Goldman

Fish Gone Bad — Tue, 14 Jul 2009 21:47:23 -0000

Second to Dick Cheney, Goldman Sachs is my favorite politician. They are really creepy and apparently really really good at getting their way.

Re: Gasparino Tells CNBC To Stop Protecting Goldman

Fish Gone Bad — Tue, 14 Jul 2009 21:34:47 -0000

Goldman Sachs is my second favorite politician next to Dick Cheney.

Re: Continued Commentary On The China Commodities Bubble

Fish Gone Bad — Mon, 13 Jul 2009 21:51:53 -0000

This comment is not exactly correct: US consumer moving to a permanently higher level of savings.
US consumers are paying off debt, so I guess in a way their not spending could be considered saving.

Re: The Fed Under Increasing Fire

Fish Gone Bad — Sun, 12 Jul 2009 19:02:37 -0000

Doesn't Bernanke look like he's afraid someone will notice he is sitting on the top of a giant trash heap that was once considered something of value? Money was valuable because at one time, it was a store of value.

How will this play out? My thought is that if one wants to fight with the Fed, the Fed will fight back. Perhaps by collapsing the US's economy?

<if anyone="" important="" reads="" this=""> I am no one of any importance, and no one should pay any attention to my lame comment or artwork.

Re: Citadel Joins The Program Trading Industrial Espionage Fray, Sues Malyshev And Teza

Fish Gone Bad — Thu, 09 Jul 2009 21:42:31 -0000

I was looking at the various block sizes for FAZ. Sometimes there is a huge ask size, then there will be a huge bid and ask sizes, then there will be a huge bid size. In the meantime, perhaps a couple thousand shares will actually trade. So the program is supposed put up a large request, and then at the last microsecond before the order can be matched, cancel the order and put up another one, and then repeat the process? I could see how this process could be used to ferret out the "other side".

Re: The Aleynikov Transcript

Fish Gone Bad — Wed, 08 Jul 2009 10:44:41 -0000

Since the guy was "smart enough" to read and understand the code, then one can assume he could re-write the code as well.

Re: Phishing Out The Goldman Code Fishers

Fish Gone Bad — Wed, 08 Jul 2009 10:08:48 -0000

I had given some thought to putting up a fake torrent and whoring my site. Upon giving it some more thought though, that would only create a longer list of people who did not find me, my snakes, or my fish funny.

Re: Sergio Posts Bond As Toxic Code Percolates In Cyberspace

Fish Gone Bad — Mon, 06 Jul 2009 23:54:51 -0000

Wow,
After reading all those interesting comments all I can add to this comment conflict is:

Diprivan: 1
Michael Jackson: 0

Re: Taibbi Goes On Air

Fish Gone Bad — Thu, 02 Jul 2009 22:29:17 -0000

I thoroughly enjoyed that, thank you.

Re: FDIC TGI Failure F... er... T

Fish Gone Bad — Thu, 02 Jul 2009 22:13:21 -0000

The updated losers list: http://www.fdic.gov/bank/in...

Due to "outcome based education", none of these banks should consider themselves failures. They are all considered just as special as all the other non-failure banks.

Founders Bank, Worth, IL
Millennium State Bank of Texas, Dallas, TX
First National Bank of Danville, Danville, IL
Elizabeth State Bank, Elizabeth, IL
Rock River Bank, Oregon, IL
First State Bank of Winchester, Winchester, IL
John Warner Bank, Clinton, IL

Re: He Just Won't Let Go

Fish Gone Bad — Thu, 02 Jul 2009 09:25:09 -0000

When I first saw Dennis Kneale I thought he was the decorator for the show.

Re: He Just Won't Let Go

Fish Gone Bad — Thu, 02 Jul 2009 09:23:00 -0000