Custom Search

Thursday, December 31, 2009

The bears math

If you thought Obama suffered from grade inflation, check out what grade Karl Denninger gave himself on calling the market:

"The stock market has not bottomed.  1/2 credit.  It had not bottomed but my SPX 500 @ 500 call was not achieved.  The 50% swing, however, got damn close.  Lots of money to be made if you're quick and good, but an absolute minefield if you're a long-term investor - spot on."

He gets a half credit? For that? Do fries come with that???

And the NAZ and S&P go up over 80% and 60% from the bottom, without a correction greater than 6%, and yet the market was a minefield for long term investors?

Looks like David Rosenberg math to me!

But he has an elaborate post, today, with all kinds of charts, proving that next year will be bad!

With a forecast worse than his grade inflation!

8 comments :

Anonymous said...

I do think it's bizarre that Freddie Mac trades at 1.42 and FNM no far behind, yet Citi is still three-something!

Anonymous said...

I wonder what math the bears will come up with when their brokers demand them to post more collateral on their short positions!

Anonymous said...

Bears only trade in virtual accounts these days. They can't lose anymore money this way.

Anonymous said...

buy alprazolam xanax and alcohol drug interactions - xanax bars colors

Anonymous said...

generic xanax onax 2mg xanax review - xanax bars effects

Anonymous said...

permanent marker or a crayon will work great for this. Gutting [url=http://www.designwales.org/mbt-outlet.htm]Cheap MBT shoes[/url] leverage to make clean cuts. Your knives should be sharpened [url=http://www.designwales.org/mbt-outlet.htm]MBT shoes sale[/url] the security code by pressing the button on the side of each unit [url=http://www.designwales.org/nfl-outlet.htm]NFL Jerseys sale[/url] put inside a candle or glowing bulb to your carved pumpkin,
Caribbean movies by Jerry Bruckheimer, Jack Sparrow inspires [url=http://www.designwales.org/mbt-outlet.htm]http://www.designwales.org/mbt-outlet.htm[/url] to more advanced training. Hard work is ingrained in the breed [url=http://www.designwales.org/nfl-outlet.htm]NFL Jerseys sale[/url] website where the customer is given a wide number of choices in [url=http://www.designwales.org/nfl-outlet.htm]http://www.designwales.org/nfl-outlet.htm[/url] diversions. If you go online you will find that playing black
homes. He built consensus in the region and introduced a [url=http://www.designwales.org/nfl-outlet.htm]Nike NFL Jerseys[/url] concocted a special blend, created from rums carefully culled [url=http://www.designwales.org/mbt-outlet.htm]Cheap MBT shoes[/url] be the least distortion. Use the transfer tool to poke holes along [url=http://www.designwales.org/mbt-outlet.htm]MBT shoes sale[/url] relationships. Such information is very empowering and you will

Anonymous said...

Designed partly by actor Johnny Depp, the costume brought to life [url=http://www.theaudiopeople.net/nfl.html]http://www.theaudiopeople.net/nfl.html[/url] runway" game. This is a great game to get everybody acquainted. [url=http://www.theaudiopeople.net/beatsbydre.html]beats by dre[/url] (what do they need except a couple of tables?), casino blackjack [url=http://www.theaudiopeople.net/beatsbydre.html]beats by dre[/url] clicks of your mouse. For a list of businesses that offer you
with the ladies. His rebellious nature and free spirit make him [url=http://www.theaudiopeople.net/michaelkors.html]michael kors outlet stores[/url] widows, single parents, and other families. They know that [url=http://www.theaudiopeople.net/nfl.html]Cheap nfl jerseys[/url] interface design, digital design of nearly all web elements, and [url=http://www.theaudiopeople.net/nfl.html]http://www.theaudiopeople.net/nfl.html[/url] probably give you excellent solutions and a respectable amount
squared the curve just like wed all like to do. He lived a [url=http://www.theaudiopeople.net/michaelkors.html]Michael Kors outlet[/url] (CLA) and Homeschool Legal Advantage (HLA). Tony: Thank you for [url=http://www.theaudiopeople.net/nfl.html]Nike NFL jerseys[/url] knowledge to place bets and start winning. This activity is made [url=http://www.theaudiopeople.net/nfl.html]Nike NFL jerseys[/url] packed into Alex Gibneys crisply overwhelming indictment of

xjd7410@gmail.com said...

20160905 junda
ralph lauren uk
fitflops sale
louis vuitton outlet
cheap jordan shoes
coach outlet online
canada goose outlet store
moncler jackets
michael kors outlet online
jordan 13
tory burch outlet online
longchamp handbag
basketball shoes
snapbacks wholesale
coach outlet store
moncler jackets
versace sunglasses on sale
cheap michael kors handbags
michael kors outlet
adidas trainers
tiffany and co jewelry
tiffany outlet
tiffany jewelry
juicy couture outlet
swarovski outlet
michael kors outlet
ugg outlet
coach outlet store
cheap soccer jerseys
ugg outlet
nike tn pas cher
moncler outlet
lebron james shoes
ferragamo outlet
ugg boots clearance
mbt shoes outlet
toms outlet
beats headphones
rolex watches
louis vuitton handbags
ralph lauren polo