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dibs – Are you going senile on us & changing your orientation? Yesterday you started the morning shouting ‘Show us your tits!’ & today you are disappointed that a geriatric isn’t wearing a halter top.
In fact, a halter might work come to think of it.
“I dunno – it’s just that a system where cozy asshats can make money because they were the first to realize that a stock will be more valuable”
Anyone can do the thinking about what will be beneficiaries (cement, equipment & construction) and what will be the losers (insurance). it’s not a cozy cabal of asshats
“I don’t see what Dibs did/does as being insensitive or benefitting from a bad situation – he’s protecting his/clients invenstments and he can’t just sit there like a lame duck and hope it all gets better.â€
He’s not protecting them, he’s trying to make them more money by purchasing construction and pipeline stocks. If I were an investor in his fund, I would ask for him to find other opportunities. At least I hope I would; I hear those double bottom line funds don’t do so well.
G10, I seriously doubt if anyone would advise you to hold a single stock. That’s called putting all your eggs in one basket. Liquidate it and buy an index fund, or spend it.
“Long winded way of saying there is no difference between trading out of equities into cash and out of cash into equities. It’s moving one asset to another in reaction to an event. There is no neutral position.â€
I guess your point is that’s how the world works. So quit complaining and buy some Japanese stocks. I dunno – it’s just that a system where cozy asshats can make money because they were the first to realize that a stock will be more valuable because of a tragedy doesn’t sit well with me.
And related, I think, what about that whole uptick rule, where you can’t just short stuff. Or is that rule only okay because it protects the market??
dibs – Are you going senile on us & changing your orientation? Yesterday you started the morning shouting ‘Show us your tits!’ & today you are disappointed that a geriatric isn’t wearing a halter top.
In fact, a halter might work come to think of it.
“I dunno – it’s just that a system where cozy asshats can make money because they were the first to realize that a stock will be more valuable”
Anyone can do the thinking about what will be beneficiaries (cement, equipment & construction) and what will be the losers (insurance). it’s not a cozy cabal of asshats
“I don’t see what Dibs did/does as being insensitive or benefitting from a bad situation – he’s protecting his/clients invenstments and he can’t just sit there like a lame duck and hope it all gets better.â€
He’s not protecting them, he’s trying to make them more money by purchasing construction and pipeline stocks. If I were an investor in his fund, I would ask for him to find other opportunities. At least I hope I would; I hear those double bottom line funds don’t do so well.
word charlie. i’ll save you some hotdogs
“And related, I think, what about that whole uptick rule, where you can’t just short stuff. ”
Unfortunately Jessi, in yet another fucked up deregulation, the uptick rule was done away with in 2007.
After the crash, I think there’s some new watered down version.
By Arkady on March 11, 2011 11:40 AM
CatGar – I am planning to be there. Almost totally recovered except for some sutures that may determine wardrobe choice.
I was hoping you were going to wear a halter top. Now I’ll be disappointed
Montero’s is across the street from LICH, right? The hospital hasn’t closed (yet?) has it?
“I know you all would advise me to keep them -”
G10, I seriously doubt if anyone would advise you to hold a single stock. That’s called putting all your eggs in one basket. Liquidate it and buy an index fund, or spend it.
“Long winded way of saying there is no difference between trading out of equities into cash and out of cash into equities. It’s moving one asset to another in reaction to an event. There is no neutral position.â€
I guess your point is that’s how the world works. So quit complaining and buy some Japanese stocks. I dunno – it’s just that a system where cozy asshats can make money because they were the first to realize that a stock will be more valuable because of a tragedy doesn’t sit well with me.
And related, I think, what about that whole uptick rule, where you can’t just short stuff. Or is that rule only okay because it protects the market??