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Its Good Land . . .

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By Barry Ritholtz - November 12th, 2008, 5:30PM

via Grants

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11 Responses to “Its Good Land . . .”

  1. jmborchers Says:
    November 12th, 2008 at 6:17 pm

    Austrailia looking to bad naked shorting on the entire market. This looks like the way we are headed.

  2. quagmire Says:
    November 12th, 2008 at 6:30 pm

    nice foretelling post form Nov 2006:

    http://bigpicture.typepad.com/comments/2006/11/19271933_chart_.html

  3. Pool Shark Says:
    November 12th, 2008 at 6:31 pm

    The Dutch should get their beads back…

  4. jmborchers Says:
    November 12th, 2008 at 6:51 pm

    The dutch are still paying for their tulips.

  5. albnyc Says:
    November 12th, 2008 at 6:55 pm

    I hear the Natives were long corn. Bummer.

  6. Steve Barry Says:
    November 12th, 2008 at 7:17 pm

    Yesterday I warned that being long was holding lit dynamite and that 942 better hold on S&P500. Hope you listened.

    Now it gets really fugly. On the Intel gapdown tomorrow, 942 will be history. New short interest data shows even further loss of short interest in QQQQ (now almost .35 days to cover) and all the major QQQQ stocks. There are very few shorts to cover to break the fall.

  7. VennData Says:
    November 12th, 2008 at 8:06 pm

    Larry Kudlow said he said we were in a recession “a year ago.” He’s been bullish since before the pilgrams got here.

  8. mitchn Says:
    November 12th, 2008 at 8:07 pm

    Steve B., how you doin’ with that QID position?

  9. wunsacon Says:
    November 12th, 2008 at 8:51 pm

    Sorry to repeat myself but….

    ALL HAIL STEVE BARRY.

    (Remember, thou art mortal!)

  10. Myr Says:
    November 12th, 2008 at 8:55 pm

    quagmire! that’s an awesome link to an old post. #20 is the clincher.

  11. Steve Barry Says:
    November 12th, 2008 at 10:05 pm

    Mitch and wunsacon:

    QID has been fine for me…over 100% return since 5/07.

    I will accept no kudos, except if my master prediction, made here on 1/2/08, comes true…that this would be the worst calendar year in S&P history. Current record is -43% in 1931…we are at -41.96 right now. If that happens, I expect Barry to devote a thread to my call.

    BTW I meant to say S&P better hold 842, not 942.