Disqus - Latest Comments for meatintheseat

Re: Critical Response Against High Frequency Trading Starts Generating Momentum

meatintheseat — Tue, 28 Jul 2009 00:23:33 -0000

If your employer has an EAP, take advantage of your three counseling sessions.

Re: Some Weekend Thoughts By John Mauldin

meatintheseat — Sun, 26 Jul 2009 23:11:18 -0000

I'm with Robot Trader. If we tell China to fuck off, that's a nontrivial amount of missed payments. If China gets cocky and starts copping an attitude, the US can again tell China to fuck off and selectively default. The bible says the debtor is slave to the lender. But if push comes to shove, the lender becomes the debtors bitch when 2 trillion is on the line.

Besides, where else can they put their money that's any better? Nowhere.

Re: Critical Response Against High Frequency Trading Starts Generating Momentum

meatintheseat — Sat, 25 Jul 2009 11:09:10 -0000

Risperdal. That's your answer.

Re: Critical Response Against High Frequency Trading Starts Generating Momentum

meatintheseat — Fri, 24 Jul 2009 22:59:49 -0000

I think the logical next step is an ETN that allows you to game the robot traders. I can see some Barclay's HFT-based security that tracks the performance of the soon to be created Skynet Index of HFT firms. Of course, the irony is that any trades on the ETN will be subject to peeking by the very same HFT computers that comprise the fund thereby ensuring the house always wins.

Re: Deep Thoughts From A 0.925 Batting Average

meatintheseat — Thu, 23 Jul 2009 00:53:46 -0000

With a silver spoon, too.

Re: S&P Commits Professional Suicide With Ratings Round Trip, Underlying CRE Remains Toxic Garbage

meatintheseat — Wed, 22 Jul 2009 09:18:55 -0000

Which coincidentally are also AAA rated.

Re: State Street On Liquidity Black Holes

meatintheseat — Sun, 19 Jul 2009 14:27:12 -0000

Why stop there? How about just an UP and DOWN etf. That's it. Very simple. Symbols RED and BLK. Something that current market participants are familiar with.

Re: Jones Day's Chrysler Charge To Taxpayers: $12,702,190.19

meatintheseat — Sun, 19 Jul 2009 14:24:23 -0000

Is this printed on the skin of virgins or something? I think there's a little "valued added" in that figure.

Re: Gasparino Tells CNBC To Stop Protecting Goldman

meatintheseat — Wed, 15 Jul 2009 00:21:17 -0000

And they typically let him rant for longer without interruption than any other Power Lunch guest I've seen in the past 12 months.

Re: Housing Tunes: ACME Cheap Credit Vs. Wile E Housing Bubble

meatintheseat — Tue, 14 Jul 2009 00:20:42 -0000

I couldn't resist. I watched the AIG roulette table float by on the river boats last week and didn't take a stab, but CIT was my vice. Between 930 and 945, I think I watched 17 million scratch and win shares go by. It was quite impressive. It dipped for a few moments to 1.14, 1.15, but hovered around 1.20 and quickly became quite boring.

Re: Continued Commentary On The China Commodities Bubble

meatintheseat — Tue, 14 Jul 2009 00:16:43 -0000

Does a two-headed baby count as one, or two, children under China policy?

Re: Guest Post: China Panic

meatintheseat — Sat, 11 Jul 2009 23:14:21 -0000

I'll know that China has crossed the event horizon when they are building factories that manufacture factories.

Re: Deep Thoughts From Howard Marks

meatintheseat — Sat, 11 Jul 2009 23:09:54 -0000

Someone get this man a shovel so he can contribute meaningfully to an economy.

Re: CIT Prepares To File Bankruptcy

meatintheseat — Sat, 11 Jul 2009 23:08:06 -0000

By hedged, they mean GS has friends in high places.

Re: Sergio Posts Bond As Toxic Code Percolates In Cyberspace

meatintheseat — Mon, 06 Jul 2009 23:33:25 -0000

And 99% of the overall trades on an exchange are robot traders trading each other trying to out algorithm the other algorithm. While the vast majority of individuals contribute in the fashion you've described, that's but a teensy bit of the overall money changing hands on a given day.

Re: Sergio Posts Bond As Toxic Code Percolates In Cyberspace

meatintheseat — Mon, 06 Jul 2009 23:31:06 -0000

Wax nostalgic, but anyone who has ever sold shares in a mutual fund has done the same thing on a much smaller scale - held shares with the sole purpose of profiting from them. I hold shares in a closed end fund that engages in dividend rotation among other things. It's just part of my overall portfolio. It's arbitrage. Just a ultra modern form of it.

Re: Guest Post: The Week Ahead For Equities Is Fraught With Downside Risk

meatintheseat — Mon, 06 Jul 2009 10:17:37 -0000

Maybe Durden is lactose intolerant. Did you think of that?

Re: Daily Highlights: 7.2.09

meatintheseat — Thu, 02 Jul 2009 10:09:44 -0000

http://www.google.com/finan...

I'm sure there are other offenders, but Ruby Tuesday has been on a year, up 341% YTD. It's still up 29% from one year ago. I don't get it. My coworker ate at Wendy's the other day. $8.50 for a sandwich, fries, and drink. PNRA, which every chick I've ever dated fawns over, screwed a legion of single men hoping to score some "sensitive" points when they jacked prices to the $9-11 dollar range for a meal.

But they seemed busy as usual. I don't know what will stop America's love affair with dining out. Apparently being unemployed is not a disqualifier.

Re: Daily Highlights: 7.2.09

meatintheseat — Thu, 02 Jul 2009 09:40:12 -0000

You're in good company with the predictions. Being wrong is the new right.

Re: Dennis Lets Zero Hedge Have It

meatintheseat — Wed, 01 Jul 2009 00:57:21 -0000

I thought their offer was decent. I've done radio and TV interviews before and never was I provided with transportation. However, at the very minimum a meat and cheese tray and some Diedrich Coffee would be necessary to prime the pump before something like this.

Re: Dennis Lets Zero Hedge Have It

meatintheseat — Wed, 01 Jul 2009 00:55:42 -0000

Hmm. The email correspondence was portrayed in slightly different light on CNBC. Interesting. So let me see if I understand this -- you wish to remain anonymous, and your anonymity would be maintained except by the people to whom you gave your cell phone number to, the driver of the provided car, and the production crew at the studio. Other than that, you're pretty much anonymous. Sounds like a great plan.

Re: Cohen & Steers Funds Merge

meatintheseat — Tue, 30 Jun 2009 23:24:28 -0000

And this is exactly why I did not invest in these particular funds when looking for a CEF to add to my fixed income component. Too much drama.

Re: Market Wrap 6.30.09

meatintheseat — Tue, 30 Jun 2009 23:03:51 -0000

You need your own blog. Seriously. Or a contribution on this blog. This is fantastic, as usual.

Re: Dennis Lets Zero Hedge Have It

meatintheseat — Tue, 30 Jun 2009 23:00:36 -0000

Dude, craigslist is cracking down on that.

Re: Dennis Lets Zero Hedge Have It

meatintheseat — Tue, 30 Jun 2009 22:57:57 -0000