Comments on: A blast from the past

By: slade

slade — Tue, 21 Oct 2008 02:19:29 +0000

::))

By: buddy larsen

buddy larsen — Tue, 21 Oct 2008 02:00:25 +0000

slade, re your #111, private nightmare –i almost never remember dreams, but had one a couple weeks ago that woke me up. There’s a high hilltop on this old piece of scrubland, on a clear day we can see the western burbs of Austin 40 miles away. Austin, where i have five kids (four mine and a niece) schooling working and living. Anyhow in the dream I was up on the hilltop with my long-lost best friend from elementary school back in south Louisiana, the kid next desk over when we were doing duck & covers over the Cuban Missile Crisis. In the dream we weren’t as you’d expect laughing at how old we’d gotten, but were talking about that atomic bomb again –when suddenly one of the goddamned things went off over Austin. The mushroom climbed crazily fast up into the sky and Leonard and I, we stood there watching the blast wave rushing toward us, i was so sad over the kids i couldn’t stand it anymore so i woke up. It was around 4 am so i went ahead and made coffee and had a smoke. Nerves were kinda shot for awhile there –took a good hour to get to where i felt silly –feeling silly being always my clue to clamber back from the edge of whatever dream i’m in or out of.

By: slade

slade — Tue, 21 Oct 2008 01:56:51 +0000

Thanks Buddy.

By: buddy larsen

buddy larsen — Tue, 21 Oct 2008 01:34:14 +0000

Not to be a messenger-attacker, but Quentin Hardy sold all his stocks eight years ago, he said recently. That would be around the bottom of the dot-com bust --and he's a professional dot-com analyst. I usually discount him a pretty good bit --he's talking his own 'book' nearly always. He's an official in Obama's California campaign, too, BTW. He's also a smarmy smart-ass, but that's just my personal opinion. O/T, What to mention to Obama smugfesters. H/t to this great essay.

By: slade

slade — Mon, 20 Oct 2008 23:48:28 +0000

One of three Kudlow analysts (Quentin Hardy) thinks the 7000 low is still to come. The difference seems to be whether the 2008 clutch is a “normal” recession or not. It might not be, but it could behave like one.

By: slade

slade — Mon, 20 Oct 2008 22:55:01 +0000

My private nightmare (until now) is an EMP attack that wipes out the electronic record of what little I have left and might accumulate during the next ten years. As soon as I recover my principal, I’m putting it into a small local S&L.

That can happen anywhere though but Australia does have some beautiful areas with urban refuges as required. And coastline. Lots of coastline.

By: buddy larsen

buddy larsen — Mon, 20 Oct 2008 22:42:59 +0000

Back when, two years or so into Carter, i was a young married guy with two kids, already working internationally and thus had easily proceeded two or three steps into immigrating to Australia when the two mothers (hers & mine) went to guilt-tripping about not seeing enuff of the grandkids. I love my country but can’t stand communists. I guess Oz-land has the same problem, tho, after all.

By: slade

slade — Mon, 20 Oct 2008 21:38:45 +0000

Intrade puts an Obama election at 85%.

(Wadeusa? I think it’s Cabinet time.)

By: buddy larsen

buddy larsen — Mon, 20 Oct 2008 21:20:35 +0000

Appears that CME Group is in the lead for a clearinghouse for future CDSs. Tomorrow the LEH CDSs are spose to settle. Wall Street doesn’t seem to bee too worried –must be that gigantic pig of Sam’s Best liquidity now making its way thru the python toward the trading desks –

By: slade

slade — Mon, 20 Oct 2008 21:19:14 +0000

Rechecking the low which I heard at 6500-7700 depending on source.

With a second check to come after a 1500-2000 rise. If that one holds, safe to get wet again.