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  • Cameron: Mission Accomplished  [View article]
    Increasingly agree.
    Feb 2, 2016. 02:09 PM | 2 Likes Like |Link to Comment
  • Aflac: Don't Trust The Duck  [View article]
    Yes. Buy here. Sell at $65.
    Feb 1, 2016. 06:07 PM | Likes Like |Link to Comment
  • February Stock Market Predictions  [View instapost]
    Yen depreciated 2% against the US$. Not "appreciated". It will most likely go back to 125.

    Japanese knew to expect something Friday, whereas all I read in the western world said "Not going to happen!". The choice of negative rates was a surprise move, which fits with Kuroda-san's preference to make biggest splash whenever possible. It had more effect here in the West than in Japan. It was an easy move to catch, but I certainly underestimated the magnitude of Friday buying in the USA and sold most of my positions only half way up Friday.

    Other than the Japan oops Mr. Jensen, thank you for the write up. I will be sure to keep reading.
    Feb 1, 2016. 11:07 AM | 1 Like Like |Link to Comment
  • Major Averages In Positive Territory; Crude +4%  [View news story]
    ? . A specific fund, or is this a generalization. Since 2008 markets like to flip out on any fund liquidation. Apparently we are all LTCM type events.
    Jan 28, 2016. 10:43 AM | Likes Like |Link to Comment
  • Implications Of Amari's Resignation  [View article]
    Always appreciate your Japan commentary.
    Jan 28, 2016. 10:27 AM | Likes Like |Link to Comment
  • At the close  [View news story]
    I was just playing. We're in a rather good position, since high VIX is like a cash cow to us.

    Still don't know what is F&G? Fear and Greed as the other gent wrote?
    Known one and am not particularly good at the other. Still working on that.

    Jan 8, 2016. 06:12 PM | 1 Like Like |Link to Comment
  • At the close  [View news story]
    If I were the sort to give up, I would have long ago.
    No- they need fire or retire me. A longtime LP just did, and it was partially due to them that we raised so much cash in late December. Started putting some to use in the last hour today.

    Just minutes ago an email came in saying the ex LP want to take us out to a meal or whatnot after they get back from [European vacation]. Huggy huggy kiss after some rude hostility a month ago. Both markets and clients seem bipolar.

    As for baseball, everyone seems to think I am or was an ex-pitcher. So for decades now people make baseball references to me. I just go with them, though haven't played since little league.
    Jan 8, 2016. 05:09 PM | Likes Like |Link to Comment
  • At the close  [View news story]
    For what it is worth, this feels entirely different.
    Not that computers might paint it deadzone red Monday,
    but any central bank from EU to China could bounce this puppy over the weekend.

    Really, it should be China since they've twice dropped this dookie in the shoe.
    First time, they go a nasty look and a pass. This time, if they don't wave a magic wand this weekend- their chances of being in the reserve currency basket -> towards 0% faster than a crackhead HFT.

    Jan 8, 2016. 04:27 PM | Likes Like |Link to Comment
  • At the close  [View news story]
    Who (or what) is F&G?
    I'm just an old pro staggering to the dugout w my hipflask half empty, or half full if you wanna look at it that way.
    Jan 8, 2016. 04:21 PM | 1 Like Like |Link to Comment
  • At the close  [View news story]
    Find a window.
    Open window.
    Jump out?
    Jan 8, 2016. 04:07 PM | 3 Likes Like |Link to Comment
  • I'm Ignoring Cramer: Be Crazy And Buy The Market - Bezek's Daily Briefing  [View article]
    Tis was it is. No discussions necessary. We'll let him liquidate out of the fund with 30 days notice, whenever he wants.

    Good luck to you Ian.

    Dec 4, 2015. 04:08 PM | 1 Like Like |Link to Comment
  • I'm Ignoring Cramer: Be Crazy And Buy The Market - Bezek's Daily Briefing  [View article]
    Bezek +1 Cramer -1

    Most with 2 neurons to rub together seem to know Cramer is an entertainer. Everymans like my father watch and follow him. After father's years of losses following his friends and Cramer advice, it is left up to me to create his retirement fund for him. 5 years and several +hundred K later, dad still listens to Cramer and wants to argue Cramer's points with me.
    Dec 4, 2015. 01:11 PM | 2 Likes Like |Link to Comment
  • Something Positive For Shareholders Of New York Mortgage Trust  [View article]
    Oct 26, 2015. 06:24 PM | 1 Like Like |Link to Comment
  • Yellen Lifts Dollar  [View article]
    Nice call on the Yen the other day.

    Sep 25, 2015. 09:46 AM | Likes Like |Link to Comment
  • What Will Tokyo Do With The Yen When They Return?  [View article]
    What to add?
    Nothing: I agree.

    125 to 130 yen in 2016? Above 125 things get interesting.
    It isn't the 146 yen of 1989, nor the 77 of 2011.
    Sep 23, 2015. 02:18 PM | Likes Like |Link to Comment