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Old 06-29-2012, 09:09 AM   #1
Ross
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Default Shamelessly profiting from crime .

Below is a chart of the London stock market index ( the FTSE ) .
at London time 2 pm .

It was highly predictable that on the last day of the financial year
corporate criminals would pump stock prices to make their books look good .

Naturally I am buying 'shorts' on the market index as it rises in anticipation
of corresponding falls next week . With any luck corporate mafia
will take the index to 5800 and beyond .

Trust me on this people , I feel no sense of shame whatsoever .

Well actually that is not quite true , I feel some sense of shame at
being too much of a chicken to bet heavily .

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File Type: jpg 2012 06 29 FTSE at 11 pm one hr divs .jpg (59.3 KB, 30 views)
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All paper is a short position on gold.

“Gold is money. Everything else is credit.”
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Last edited by Ross; 06-29-2012 at 09:25 AM.
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Old 06-29-2012, 07:33 PM   #2
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Wall street on the last day of trading .

Doubtless this will be investigated by the regulators .

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File Type: jpg 2012 06 29 Wall st .jpg (34.6 KB, 51 views)
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All paper is a short position on gold.

“Gold is money. Everything else is credit.”
.

Last edited by Ross; 06-29-2012 at 07:55 PM.
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Old 06-29-2012, 08:07 PM   #3
Sonny
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Ross, was today also an options expiration day or triple witching day?

not that I'm saying that I've ever bought a option with one day to expiration. no.

but I'm sure the movers and shakers have.

otherwise it might have been window dressing?
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Old 06-29-2012, 11:35 PM   #4
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Sonny .... I think it is just end of year financial window dressing as you suggest .


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All paper is a short position on gold.

“Gold is money. Everything else is credit.”
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Last edited by Ross; 07-01-2012 at 01:01 AM.
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Old 06-30-2012, 07:05 PM   #5
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Ross, you are "naturally", "Shamelessly profiting from crime"?

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