Dis MoFo Fed Layin' It To Da Bone...Jacking me up. TIGHT------LY!

Posted by Arbitrage

Friday, October 3, 2008

"Arbitrage say he can't HANG!"


Angered, Speechless, Dumbfounded, Astonished, Pure Disbelief.


So a few days ago, you say no to giving someone a $700 billion line of credit.

Today you say ok, because of the following(which is only some of the things).

"Some of the goodies intended to attract the votes of individual members of Congress include $192 million for the rum producers of Puerto Rico and Virgin Islands, $128 million for car racing tracks, $33 million for corporations operating in American Samoa, and $10 million for small film and television productions. "

UNREAL.

Not too much more to say on the subject anymore.

If the above doesn't tell you who we are and what we've become then I don't know what else to say.

Cash $cam 101

Cash Scam 101...

Buy the rumor sell the fucking news. Below is the action from today during the passage of the bailout.

Open up in a new window.
See the blue arrow line, that was the point at which the vote count was still coming in, but there was enough Yeas to pass the bill. What happens next? 300 point drop ...bottom fell out.
Cash Scam 101 folks... buy the rumor sell the news.

"But wait, wasn't the bill suppose to be good for the economy?? ...I mean stock market was rising all day, so it passed, well where is the rally???"

"Well ummm yeah Mr. Sucker ..*cough* *cough* I mean Mr. Investor, the earlier prices reflect the passage of the bill, but we all know bill or no bill we're still up shit's creek without a paddle."

Cash Scam 101--


As a side note we just gave 700 Billion line of credit to Fed\Treas.. WOW.


**EDIT**
HAHAHAHA LMFAO

Just read the headline "DOW UP AFTER HOUSE OK's RESCUE"

Yeah ok, we just gave up 250+ points after it was passed.

HAHAHA.. no wonder why they steal 700 Billion from us.....

Last Call, The Bar is Closing...The Last Dance Is Not 10 cents, It's Free

Posted by Arbitrage

Sunday, September 28, 2008

Yep this dance is not 10 cents, but free. Why? Cause it's the last dance for a long while, the party is over and we must now walk out and face the sunlight; knowing we stayed way too late, spent too much money, and disillusioned our selves to the best of our ability.

My sister emails me and says, let's cash out and get the hell out of here. Is she in panic mode or is she sane?

You won't hear much talk of the closed congress meetings earlier this year or even know that it existed. Should have been newsworthy considering it was the 4th time in 176 years it has happened. What was the big deal that had to be so secret that everyone had to take an oath of silence on? E told me the other day that they were bringing in troops in readiness for social unrest.

Well apparently what was discussed behind the close doors was this.

The IMMINENT collapse of the financial system by end of 2008
The IMMINENT collapse of the government finances by end 2009
Revolt by the people which causes civil war.
Finally the North American Union.

Perfect storm don't you think? I mean financial issues the likes most of us have never seen, the possibility of a Black President, and that 1 small problem of WE DON'T HAVE FUCKING CIVIL LIBERTIES ANYMORE. We have signed away our liberties to acquire "protection" from terrorists. Martial law can be executed at will now and nothing can save you. Revolt if you want, everything that protected us is now gone.
So that's why I saw those pictures of portable jail cells not too long ago. They look like leggo, they just snap in place.

So maybe you don't think martial law is possible, maybe just internet phobia.
Let's forget about the possibility of civil war, martial law, and the whole 9.
Ok, I'll buy that argument, but Big Sis is still right about packing up.


Let's deal in econ .00101.

I have been asked many times my thoughts on the situation and for me it's hard to explain unless I know the readers level of knowledge.
The following article eloquently explains better than I could:

http://www.financialsense.com/stormwatch/geo/pastanalysis/2008/0926.html


False Values, False Economy,and the Devil to Pay

by J. R. Nyquist

Weekly Column Published: 09.26.2008


Our wretched economy of false valuations cannot continue much longer. It is the domestic counterpart of President Bush’s past friendship with Vladimir Putin. It is the fantasy world of an everlasting bull market and “successful” government bailouts. The political leadership in America has demonstrated that it doesn’t understand economics. They cannot solve the present crisis unless they go back to school and consult the wisdom they have so long neglected. They have built their post- Cold War world on a false boom, on false “partnerships” with enemies. They have pe rmitted a policy of credit expansion without end.
“Credit expansion,” wrote the Austrian economist Ludwig von Mises, “is the governments’ foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of capital goods … and to make everybody prosperous.” But everyone cannot be prosperous. The boom created by credit expansion cannot last. This is what the leaders of the United States have missed. “The inescapable consequences of credit expansion,” wrote Mises, “are shown by the theory of the trade cycle. Even those economists who still refuse to acknowledge the correctness of the … credit theory of the cyclical fluctuations of business have never dared to question the conclusiveness and irrefutability of what this theory asserts with regard to the necessary effects of credit expansion.”
And what are these effects?
According to Ludwig von Mises, an upswing occasioned by credit expansion can only be maintained by further credit expansion; and, in the long run, “it turns into depression when the further progress of credit expansion stops.” This outcome is absolutely certain and today’s financial crisis underscores the point. The economic boom of recent years has been propelled forward by an unprecedented credit expansion. At each turn, when the market was threatened with contraction, further credit expansion was urged.
The magic wand of credit expansion is like heroin addiction. The more you take, the more you want. The day inevitably comes when you cannot increase the dosage because you run short of supply. And so it is with credit expansion. The markets are accustomed to easy money. They now require easier and easier money. They are addicted. Eventually, however, they must suffer the symptoms of withdrawal.
Did we think this expansion could continue forever without consequence? Evidently we did not consider where we would end up. And now, at last, the United States Government believes it can fill the hunger for credit through a coordinated push – the last gasp of our insatiable credit addicts. President Bush offers a plan. Behind closed doors he reportedly said, “This sucker could go down.” Once again, the president’s grammar is in error. The sucker in question will go down.
Every dollar poured into the proposed rescue operation will be lost. Buying toxic debt is not a solution. The proposed mechanism for rescuing the economy represents a new falsification of values – and a new twisting of the market. The dollar cannot possibly survive this new initiative. A $700 billion bailout is only the beginning. It is merely a foretaste. What we see in Washington is an exercise in self deception. It is the self deception of a country that does not see danger, of a country that ignores the wisdom of ancestors and the ABCs of economics.
They want a booming economy. What they’ve failed to consider is the false nature of the boom thereby engendered. False values, false ideas and promises of false prosperity pepper the program of today’s politicians. They have no business at the helm of a great country. Their leadership consists in pitiful ignorance, and the republic may be in its last days. There has been a shocking willingness to destroy the country’s currency. “If the government does not care how far foreign exchange rates may rise, it can for some time continue to cling to credit expansion,” Mises explained. “But one day the crack-up boom will annihilate its monetary system.”
The proposed plan to save the markets will save nothing. The proposed solution is no solution. Improper investments have been made and massive losses must result. We have to take our medicine before we can get better. Debasing our already debased currency makes things worse. We have avoided economic pain by a continuous expansion of credit. The artificial boom must come to an end. False values must pass away so that real values can be brought to the fore.
Few realize how destructive the boom has been; for the real damage is done by the regime of false values and our collective investment in those values. “The boom is called good business,” noted Mises, “prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called crisis, slump, bad business, depression.” The latter, however, is the period of healing and correction.
The real magic of economics is learning to accept correction. This is what we refuse to do. The country’s financial managers set a terrible example. Traditionally, the captain goes down with his ship. As the Titanic sinks today our financiers don’t want to be rescued in a lifeboat. They want to be rescued in a yacht. They don’t want to accept that wars and depressions are necessary because human nature craves fantasy. The bubble of false peace and false prosperity necessarily bursts. In the end, reality must be confronted.
“People rebel against the insight that the disturbing element is to be seen in the malinvestment and overconsumption of the boom period,” wrote Mises. The curious fact is, noted the Austrian: “If we apply this yardstick to the various phases of the cyclical fluctuations of business, we must call the boom retrogression and the depression progress. The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment. The depression, on the other hand, is the way back to a state of affairs in which all factors of production are employed for the best possible satisfaction of the most urgent needs of the consumers.”
If the state is to do anything constructive during the “progressive” period of depression, it is to maintain the country’s nuclear deterrent and preserve national unity. There is no doubt that America will shortly be forced to call its troops home and close its overseas bases. The financial situation is going to dictate international withdrawal. It is going to dictate a more modest government. But the politicians in Washington cling to the notion that the boom can continue, that their false approach to the international situation is viable. The United States cannot save the world. It will be fortunate to save itself. President Bush’s proposed bailout is not simply a socialist measure. It is an attempt to avoid a return to correct valuations. It is an ignorant attempt, in effect, to extend the damage that has already been done.
Our politicians want to give us easy money, a furtherance of the shopping mall regime. They believe this will prevent millions from losing their jobs. They believe that their proposed measures will save ailing banks. Prosperity would then continue. “This reasoning seems plausible,” wrote Mises. “Nonetheless it is utterly wrong.” The boom has made prices and wages too high. Demand has lost all sense of supply. The consumer is accustomed to getting whatever he wants, even though he cannot afford it. In order to put matters right, wages must fall, consumption must be restricted, wasteful practices must come to an end.
“There is no use in interfering by means of a new credit expansion,” wrote Mises. “This would at best only interrupt, disturb, and prolong the curative process of the depression, if not bring about a new boom with all its inevitable consequences.” When Bill O’Reilly says that the disaster is too great, that despite his support for the free market he sees no alternative to the government bailout plan, he is denying the healing power of a depression. He is denying the fundamental lesson of economics. The damage to the economic system has already occurred during the period of false prosperity.
As strange as it seems, financial crash and depression are needful. We must pass through a time of troubles. There is no other way to correct the regime of false values. The problem, of course, has become political. The regime is a political system in which the economically ignorant call the tune. The magnitude of the disaster is thereby amplified. The political actors now put the political system at risk. Because there are national security implications, they now put our very lives at risk.
Copyright © 2008 Jeffrey R. Nyquist



You can't "FIX" this, it is broken. To employ a bailout only keeps the bar open and the band playing another few hours.

Eventually you have to go home.


WATCH THIS VIDEO. PLEASE WATCH THIS VIDEO

Pimpin Ain't Dead Part Deaux

Posted by Arbitrage

Thursday, September 25, 2008

In Pimpin Ain't Dead I talked briefly about how all the FED has us all by the balls. Left, Right, Up, Down, Black, White, it doesn't matter. You can fight amongst yourselves all you want pointing and blaming but in the end the FED has us all.

Couple weeks later lo and behold, we're looking at a massive $700 BILLION bailout; which in it's drafted copy gives the FED unlimited authority to not be questioned by the government or COURT OF LAW about it's actions with the money, but also contains a section in which the FED can take ANY bank into it's control.

OK. If I'm across the poker table from the FED\CONGRESS etc.. I'm pushing all in because I'm calling bullshit. What I was taught and what I thought WE believed in was free markets period. PERIOD at any cost. Could things get MIGHTY UGLY if we don't do the bailout, of course, more so than any of us could imagine or prepare for, but guess what, FUCK IT.

Everything we've ever preached, flaunted, and prided ourselves in goes out the window with the bailout. To quote Dr. Ron Paul:
"Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be."
Thus it's quite obvious what we will be-
The United States of Fake Ass Capitalists

Got Dick? Pimpin ain't dead ya'll mother fuckers just scared.

Posted by Arbitrage

Saturday, September 13, 2008

So it's election time. Now I have to be bombarded with adults in bloomers vigorously shaking their pom poms while they simultaneously sling mounds of mud on each other. We want to call each other racists, Marxists, Muslims, red necks, left vs right, right vs left it is old...

There is one argument in particular that is really bothersome.

The view from the right that the left are socialists and they don't like the Dems hiking up taxes because it's "wealth distribution".

PUBLIC SERVICE ANNOUNCEMENT:

Did you ever notice that 12 inch dick in your ass? Probably not, because it's been there so long you don't feel it any longer. The fed is so far deep in your ass he's hitting your lungs.

We just added 5 trillion to the debt bailing out Fred and Fannie. Taxpayers are on the hook for about 150 million which our kids'-kids'kids will be paying.
What was the outcome of that? China's bonds are secure.

Fed goes and bails out bear sterns. Puts taxpayers on the hook more.
I never got any income from Bear, Freddie, or Fannie, so why is my money helping to bail them out?

Does this seem capitalistic to you?


Talk about raising taxes the decibel level gets so loud it bursts your eardrums. All the "capitalists" come out because they don't want to "support" socialism.
Swindle your ass and put you on the hook for 29 billion to make an unprecedented move to bailout a non deposit bank and I can hear crickets chirping.

So you will pay another 35K a year in taxes(it's your money, you earned it, and I think you should be able to keep it); However it's hard to hear the I don't want to pay anymore taxes line when we just got 3 Card Monted for 5 trillion.


You don't need the left to bring you closer to socialism, you are 90% there but don't realize it.

The fed doesn't care if you are christian, muslim, right, left, they care about money. Theses mother fuckers don't care about YOU, ME, or MOHAMED ATTA for that matter. We all look the same, we are all PAWNS.
You all can fight, argue, bitch and kill each other, it doesn't matter to them.

You want to set up social programs?
Wow you should be commended--now PAY us.

You want to fight terrorism?
Damn you are good citizen we need more people like you--now PAY us.

You don't like the dems because they promote socialism and want to raise taxes?
I hear you and I couldn't agree more--now PAY us.

You don't like the republicans because of their foreign policy?
We were just saying the same thing--now PAY us.


The interest alone on our debt last year was something like 400 billion. Who is going to pay this shit back; but I digress the geniuses have a great plan, they will create more debt to cover the debt we owe.

It's not 1 person, 1 platform, or a "1" anything that you can lay the blame on, it takes a group effort to fuck up like this. So while america is for sale--Americans sit around and blame each other; all the while the fed has us butt naked in the buck position with our ankles behind our heads.

Divide and conquer. It's all mass confusion caused by vast illusion.

So who was it that said pimpin is dead?

Know when to hold'em, know when to fold'em ..know when to call in a favor

Posted by Arbitrage

Friday, August 29, 2008

Back in the day I was the master. A true undefeated champ. Accumulating an approximate record of 1,119 -0. At what you may ask? At hopping the train.

Truth be told it wasn't "hopping" more like "sliding". The turn styles could be pulled back a half of turn which would allow you to slide through without paying. I wasn't just good at it, I perfected it with execution that made marta police pause. I did it for years often times looking directly at the marta police, but not with a flamboyant in your face attitude, more like a calm confidence.
Headphones on, never breaking my linear stride, with a look that goes to you and through you within a mili-second. The bodily conversation between the cop and I usually goes like this "you don't know what the hell I just did, but you know I got you"; and if I did what you think I just did you won't say anything because I was just that cool at doing it. This went on a couple times a day for about 3 years.

In comes the Olympic preparation and with it a changing of the guard. The climate around the train station changed. I saw more police, cameras, people in cuffs etc... all because of the upcoming olympics in a little while. Beefy would be an understatement. Even the personnel had changed, it wasn't the everyday type security I was used to seeing. No biggie, I approximate I got about 2 dimes in free rides over the years so the game is up--I fold, no stress. I made a conscience decision to not hop anymore.

Well one day about a week later I'm getting out of class as I'm done for the day. It's getting late and I'm ready to roll out. I'm walking down the steps to the street, dig in my pocket and realize I have 15 cent to my fucking name....Shit. This is before cell phones , it's a 2 hour walk to Tech where I could hook up with some friends, I could call someone collect....etc... all just an inconvenience..... I can't hop because there is doubt in my mind, so I would surely get caught.

Time to call on an old friend for a favor...my great grandmother. I barely knew her. I remember her being a stern old lady who didn't take any shit as she smoked her Moore cigs, but we have a bond. When I was very young she had a stroke in front of me and my grandmother. Drooling at the mouth, she got up to go to the bathroom, took 2 steps and fell to the ground. Well, my grandmother freaks out asking her "what is wrong?" "Ma, what is wrong?"over and over again. I didn't know what was wrong but I knew shit wasn't right, so I run upstairs and call 911. Told the operator ..yeah I'm young but this shit is real and I need an ambulance.. I give the street, the phone number..etc... told her to hold....I then go to my grandmother and say look I got 911 on the phone talk to them..
Mean while console my great grandmother telling her everything will be all right...
Well she died as result not long after that, but the generational gap had been bridged and then some.

So there I am broke as hell, Mr All time train hopper who can't hop the fucking train when I really need it. As much as I tried to talk myself into it, I knew the execution wouldn't be there because I was thinking to much.

Time to dial my old friend for a favor....... I reach out .. Hey I need you on this one...thinking about hopping but I have bad vibes so I know I'll get caught. She says...just walk to the station like you always do. Ummmm ok, but I have 15 cent I can't even make a call at the station...
She says... just walk to the station, the same path you always take.....
Ummmm ok, but I ain't hoppin....
Just go to the damn station boy...
Umm ok...
I continue to walk and about 6 steps later 2 dollar bills blow right up on my leg.... I pick them up never breaking my linear stride ...


No post is not complete without the real deal.. so here you go .. TPO chart of ES .. notice the big area of equilibrium at the bottom in which I merged the 8/25 and 8/26. The breakout on 8/27 good for 6 points for me.

Bet babe..Slide a piece of the porter, drink side run the java..

Posted by Arbitrage

Thursday, August 14, 2008

Open the chart in new window to get a better view.

Notice the bar with the diamond underneath, but pay closer attention to the volume of that bar.
It was Extreme volume and it followed a down bar which at the time was Extreme volume as well. Two extreme volume bars, indicating that it could be stopping volume; but the one with the diamond had some other things working for it as well. The diamond bar was a Pinocchio bar and notice the yellow line, that line is vwap.

Heavy volume on a pin bar that bounces off of vwap, no need to tell me twice!
"Nuttin to fear when we smell dough in the air".

I'm long at the close of the diamond bar.

Two bars later, the arrow bar, volume is nowhere to be found and it actually signals a No Demand bar. I took my small 15 points off the table as it looked as if no buyers were around.

You got money for fake mustaches, huh?

Posted by Arbitrage

Wednesday, August 13, 2008

Ok, fuck the lame. Let me show you what's up. 2 Min YM.

Open the chart up in another window to see it more clearly.

Notice the first red arrow. We have a strong up bar on good volume in small uptrend. I'm now looking for low volume test or a no supply. Notice the next bar after the 1st arrow it's down on less volume ..good sign. The 2nd arrow bar is the key. That is your no supply denoted with the diamond.

So we have good volume on the up bar, next bar down on lower volume, 2nd red arrow bar even LOWER volume. What does this tell us? Well right here, right now there is no supply(no sellers) so we are going up.

We are long at the close of the bar or open of the next bar denoted by the number 1 with the dot. 20 point Take profit with 20 point stop loss. Well we hit our target quick fast and in a hurry without any heat.

Couple minutes later the same damn thing unfolds and again we take the trade. This time however we did have some heat but did not get stopped out and hit our 20 point profit target again.
40 YM points-- *YAWN*

Introduction To Arbitrage

Posted by Arbitrage

Thursday, July 31, 2008

"I'll be totally upfront, because you seem like a really cool person. I'm a sex addict."

At this point, I can no longer lose. 6-Love ³

I just castled with the rook. The ball is no longer under any shell. The 3 Card Monte has been executed again with precision.

You see there are only 2 scenarios that will now unfold.

A. She leaves me alone. Good. Now I can throw my headphones back on, and continue my journey through time and space. No need for small talk, maintenance, and the likes.

B. She’ll fuck me. Good. Now I can throw my headphones back on, and continue my journey through time and space. No need for small talk, maintenance, and the likes.

I can’t lose. Game, set, match.

“Arbitrage wins …Final score from centre court. 6-Love, 6-love, 6-Love”

That my friend is Arbitrage.