Fish Gone Bad

Beware, 'Quantitative Easing' is Hallucinogenic

Thank you once again for the impressive work. This took a great deal of time and effort. I look forward to putting this information to good use.

Clark Jenkins
FishGoneBad.com

Managing a Portfolio in a Bear Market

Perhaps someone important will actually read this someday. Here is how to manage your portfolio in a bear market. Do your homework. You plan for the major currencies, you plan for McClellan, you plan for absolute poverty and you plan for wealth. I am not done. You plan for family asking for help. You plan for friends asking for help. You plan for **the world coming to an end**.

That said, look around you. What is out of place and why is it out of place? If you can not figure this out, I am not your 7th grade teacher (Isn't this the time everyone became aware of why they were different? (in America)?)

Can Central Bankers Prevent a Great Depression?

Gary, you are a gifted and insightful author. Thank you once again for the excellent article.

For those people who are having a problem seeing an answer, take a look at some of the comments. Our monetary system is debt based. As long as countries are willing to accept our debt as payment there is no problem. Now take a look at the very first picture Gary posted, The Baltic Dry Index. Saying that it fell has plunged 11-fold sounds like more like a statistic than a frightening fact. What this means is that commerce is not moving.

As there is no commerce going on, there is a depression.


Clark Jenkins
FishGoneBad.com

Program Trading, Dark Pools and Gold

Thank you for the wonderful article. I am fan of buying when everyone is scared. The oil sector's dividends are quite attractive right now.

Clark Jenkins
FishGoneBad.com

Why Are Investors Returning to the Dollar?

Thank you for the wonderfully insightful article.

The problem with Seeking Alpha is that it is like Myspace. Everyone thinks that their opinion matters and should speak out when they really need to shut up and stop looking retarded.

I appreciate your advice and plan to put it to good use.

Thank you once again,
Clark Jenkins
FishGoneBad.com

Weapons of Financial Mass Destruction

Wow. Wow. Wow. What a wonderful job. You really put this together very very well. I should just mail you envelopes of Yen for helping me out. Thank you so very much.

I can only hope that you are making a great deal of money from your research,

Clark Jenkins
FishGoneBad.com

Wall Street Breakfast: Must-Know News

In short selling, a person has his "market maker" borrow the stock from a margin account, and sells it. Eventually the person will have to buy the stock back to replace the borrowed stock.

In naked short selling, a "market maker" (whatever the newest definition of market maker has become), sells a stock and makes an electronic entry to find and borrow the stock from a margin account in three days to give to whomever bought the shares that were sold short. The problem that has been occurring is that the stock is not being located. There are just electronic entries that say, so-and-so bought some stock. This is equivalent to counterfeiting stock certificates. So what is to stop a "market maker" from naked short selling 10% of a company's stock? Nothing. What about 100% of a company's stock? Nothing. Sure there is an electronic entry, but the short is never properly followed through on, and no one apparently gets in trouble for the counterfeiting.

So why on earth would any "market maker" EVER want to risk getting caught for not following up on keeping the books correctly? It all boils down to collecting transaction fees and not getting caught because everyone else is doing it too.

I hope this helps,

Clark Jenkins
FishGoneBad.com


On Jul 16 01:13 PM messy wrote:

>
> Would someone please explain the difference between....selling short
> and NAKED SELLING SHORT. The only explanation i hear is "naked selling
> of a stock" is more shorts than the total shares outstanding. How
> would an investor know that or even care if it does occur, as I believe
> it happens all the time in GOLD BULLION.

A Critical Market Juncture (Again)

The McClellan Summation Index is still headed down. Money is still moving out of the market, and as such, as the tide of money moves out, all stocks fall (at least to some extent).
Now on to the Specialists. Specialists have been allowed to sell stock short and NOT replace the sold shares in a timely matter (3 days). This creates counterfeit stock. Now the scary part. Since the SEC has been downsized, it does not have the man power to enforce stock counterfeiting by the specialists, there is nothing to stop them from selling as much stock short as they want.