echotoall.com Blog

It always amazes me as to how much people so desperately want an explanation for every little thing, instead of simply looking at the obvious.

For instance, I read this article on Seeking Alpha which pretty much explains the recent rally as pure manipulation and fancied up the ‘buyer/seller’ arguement with mechanisms as ‘quants’-vs-long term holders. (Its easy to see people get sucked into it, and actually believe it, especially with the fancy talk… a lipstick on a pig, does not change the pig.)

The article blatantly ignores the stabalization of the economy as an obvious reason. It instead uses lagging data to show how the economy still sucks. (GDP is a lagging set point, and everything else used in the article.)

But if you actually look at real economic data, that facilitate good trading, you will see a different picture.

Baltic Dry Index… clearly more stable that the last few months.

Or the price of Copper (as I indicated in previous posts, however I do feel more of a pull back coming). Or stability in Oil prices.

Anyone with the right amount of financial resources can manipulate anything, but GS can not manipulate the BDI or freight rates or true consumption.

Whatever the case, anyone reading this blog already knows I am cautious here and why.

I will be paying the tax man pretty nicely this year thanks to my trading. As I recover from the heart-attack from how much I will owe, all thanks to my trading, I look at this pic and for whatever reason it makes me laugh…

Berlusconi… u so crazy

Cramer got ripped a new one… no question. He was a sitting duck, simply roasting, and I was laughing my ass off every minute of it.

(The only thing that would of made that interview even better would have been to watch Santelli in place of Cramer.)

Stewart vs. CNBC… Stewart is kicking their ass… hard.

At what point do we simply give up?

I am at the point to which i physically get angry when I keep hearing the continued bashing of everything. I become upset when I hear Schiff-ster (and company) tout that ‘this is only the begining’, and that the real hurt will come when America has a currency crisis.

I get upset because that would mean, chaos would ensue, GLOBALLY, and ultimately a World War. He doesn’t get it… THERE WILL BE NO PLACE TO HIDE YOUR MONEY. When everything is destroyed, there is no value to anything.

I know the administration has inherited the problem, but they better start to step up and take charge. Do not feed me with the prospects of hope… give me strong leadership (within the confines of our demacracy).

I offer you my trading services.  I will come in and help create a hedging platform for GE Capital. (seriously just email me at echo[@]echotoall.com… remove the []… and I will help you out)

Or hire Goldman to do it…  You already admitted your stupidity, now hire the people to fix it.

All this puts to waste a very good industrial business… a fucken waste.

The NYT’s had a great op-ed article… “Japan’s Crisis of the Mind“.  I found it very interesting as it focuses on a psychological attribute to a culture a country inspires.  In this particular case it focuses on Japan, but at the same time the theme of the article can be translated toward any country.  It made me feel better because the American culture already strongly inspires what Masaru desires the Japanese to inspire.

It makes you stop and think, especially if your an emerging market investor, the importance the culture a country inspires for long term investing.

Gaussian Copula Function… reminds me of the countless science fiction stories where dependence on technology made smart people stupid… really really stupid.

ie… the Schiff-sters of the world…  The hidden consequence of their investment thesis is to have social unrest in the development world. (whether they know it or not) 

Ultimately its an ‘end-game’ that too many people will do everything in their power to prevent from happening. (if I was in the position to help prevent it, I would do everything in my power to prevent it) —unless, the ultimate goal for certain people is to achieve this unrest. (and i hope our intelligence agencies are taking care of those people.)