I Call It Treason

Gold Eagle ^ | 29 August 2002 | Doug McIntosh<

[dighton]

Here is part of his rant before Y2K:

In other words we will see a generalized collapse in all United States governmental functions. I also think we will see serious disruptions in the basic fabric of society, what I call the physics of modern life.

You sheeple! The world DID come to an end, but THEY are covering it up.

;-)

[hellinahandcart]

I think #17 is the funniest thing on this thread. It gets funnier every time I see it.

[Poohbah]

People who think The X-Files and The Matrix are documentaries shouldn't be allowed to post on the Internet or otherwise run loose on the street :o)

[habs4ever]

You can't "buy" a massive short postion ;-) You can put it on, lay down a line, fade the market, but you can only "cover" a short ;-)

[isthisnickcool]

You sheeple! The world DID come to an end, but THEY are covering it up.

Shhh! "THEY" are here. Really! Quick! Quick. Look behind you! There "THEY" are!

Darn! You were not quick enough! But I saw "THEM". Just like I always do!

Hey! Did you hear that? Shh! What!? "THEY" are in my keyboard. I recently discovered that like many keyboards, mine is directly connected to Rush Limbaugh's implant. He moves the keys with his brain. It's like one of those pianos that play themselves. The keys go up and down, up and down.

Gotta go. Watch for "THEM"! "THEY" are everywhere...

[Poohbah]

Point taken. Dougie had to buy to cover at a higher price than he sold short at, and now he's throwing a tantrum.

[xJones]

We will have to give up our illusions and take hold of the new unpleasant reality with both hands.

It would take "both hands" for him?

Oh, please, at least one sentence of this should be entered in the annual Bulwer-Lytton contest: It was a dark and stormy night

[Semi Civil Servant]

I call that treason and worthy of death or exile for the oligarchic elite that has been destroying America since 1860.

142 years and they're not done yet? These oligarchic schemers is MIGHTY SLOW, ain't they?

[Joe Driscoll]

The world DID come to an end

I AM NOT dead!

Monty Python rules!

[USA21]

bump

[bankwalker]

Let me guess: he had a big short position in a DOW index fund and lost money.

Last time I looked, it was legal to be short. It takes both buyers and sellers to make a viable market. I don't know if there was any intervention or not, but if there was it probably caused a huge transfer of wealth from one group to another. Is this a free market? Did anyone know if the intervention would occur ahead of time? Is this nothing but common thievery if it did occur? Just for the record, I have been out of the markets for some time now, and am merely trying to observe objectively.

[paulklenk]

17, really? I find it rather derivative.

[Poohbah]

Last time I looked, it was legal to be short.

True enough. But that doesn't translate to a legal guarantee of financial benefit from a short (or a long) position.

It takes both buyers and sellers to make a viable market.

No argument.

I don't know if there was any intervention or not, but if there was it probably caused a huge transfer of wealth from one group to another.

Any action in the market is an "intervention."

However, if every talking head is saying that the market's trend will continue on its present course forever without end, that's a sign that the market is about to reverse course.

Is this a free market?

Did anyone know if the intervention would occur ahead of time?

You've jumped from "I don't know if there was an intervention" to "there was an intervention, there was skulduggery behind it, and they didn't cut me in on the action."

Is this nothing but common thievery if it did occur?

If it is as you describe, yes. However, when everyone says the market is going to go up or down without end, that's the sign that the market is about to reverse direction.

[gcruse]

Treason?  You're the one who posted this:

[bankwalker]

Thank you for a very thoughtful reply. The shortcomings of this medium of communication sometimes results in misinterpretations of a poster's message. But we all do the best we can.

But that doesn't translate to a legal guarantee of financial benefit from a short (or a long) position.

Couldn't agree more.

However, if every talking head is saying that the market's trend will continue on its present course forever without end, that's a sign that the market is about to reverse course.

I agree, but it is unrelated to my post.

You've jumped from "I don't know if there was an intervention" to "there was an intervention, there was skulduggery behind it, and they didn't cut me in on the action."

This is not the message I intended to send. I was trying to say that IF their was a fed intervention and the shorts got creamed, it was not necessarily a noble gesture on the feds part. Shorts are participating in a legal activity and providing necessary liquidity to the market. I don't think it is the feds role to intervene in the market and cause a huge transfer of wealth and I question the entire event if indeed it did occur this way. I am neither short nor long, but I am sometimes very curious.

Enjoy.

[Cable225]

Alan Greenspan did conspire, manipulate and commit "high crimes and felonies" by forcing state pension funds to bail out the stock market on July 24th, 2002. Quite honestly, for this alone Mr. Greenspan should be tried and executed for treason

Execution? Is it possible that's a little overboard?

When you call for the execution of the Fed chief in sentence one of paragraph two, you shouldn't expect many people to read the rest of the article.

[Mr_Magoo]

I get blaimed for everything!

:-(

[Cultural Jihad]

Ka-Boom!

[Cultural Jihad]

Trotskyite, U.S. Labor Party founder, and professional criminal Lyndon LaRouche has been predicting the imminent collapse of the U.S. economy every year since 1972.

[Cultural Jihad]

We'll have to keep an eye out for your leftist drivel in the future.