Down goes the Dow

VS-SJW-IR-TS idiot wrote:

seattle prattle wrote:Did you catch that the nasdaq and Tech just had a pop after hours a few minutes ago.

I saw that too, and as best I can tell the markets were mainly being pulled around by MSFT lurching about like a drunken sailor.

And in other news, I was banned for two days (from my computer, not my tablet where I post as doc idiot), evidently for being mean to somebody. For the life of me I don't know what I may have done. Did I hurt somebody's feelings? :-)

Welcome to the club

yield curve is rapidly flattening....fixed incomeland is saying economic growth is slowing pretty quickly.

which is not so special...I mean we're at an unsustainable 5% or more real growth rate right now.

getting back to normal 2% should be expected. And that will help ease inflation and ultimately keep interest rates lower.

https://fred.stlouisfed.org/series/T10Y2Y

Prof. Racket wrote:

VS-SJW-IR-TS idiot wrote:

I saw that too, and as best I can tell the markets were mainly being pulled around by MSFT lurching about like a drunken sailor.

And in other news, I was banned for two days (from my computer, not my tablet where I post as doc idiot), evidently for being mean to somebody. For the life of me I don't know what I may have done. Did I hurt somebody's feelings? :-)

Welcome to the club

What do you have to do to get banned? I've been plenty mean over on politics threads but I've ne'er been banned.

agip wrote:

the MSFT trading is amusing

earnings come out, look very strong but the stock dives after the bell. Down 5% from what I could see.

then at around 6 pm it goes to flat.

now it's up 5% premarket.

So a 10% swing between around 5pm last night and 8AM this morning. In a multi-trillion $ market cap stock. HUGE amounts of money there.

And I do think there's some chance it was a bear raid after earnings...one of the big tells you are in a bear market is if a stock falls even after good earnings. When that happens it's pretty scary. So maybe some loose coalition hit that stock hard to try to give that impression. I dunno. Just making stuff up.

Just goes to show you how much money is in play at some of these institutions. Kinda fun to watch, but trying to make sense of it will just drive you crazy.

agip wrote:

Prof. Racket wrote:

Welcome to the club

What do you have to do to get banned? I've been plenty mean over on politics threads but I've ne'er been banned.

You already now what happened to me.

doc idiot did threaten you with violence though when he said he wished he could slap you. lol

Prof. Racket wrote:

agip wrote:

What do you have to do to get banned? I've been plenty mean over on politics threads but I've ne'er been banned.

You already now what happened to me.

doc idiot did threaten you with violence though when he said he wished he could slap you. lol

wow. You already *know* what happened to me.

agip wrote:

Prof. Racket wrote:

Welcome to the club

What do you have to do to get banned? I've been plenty mean over on politics threads but I've ne'er been banned.

Just disagree with Igy in a slightly impolite way and he will be certain to report you. He has very thin skin.

I think it was an LRC glitch, I too was banned from one device/one username, for a few hours. That’s why I use a few different ones. I think my registered handle might be permanently banned, idk.

These macro and political discussions are hilarious. Everyone seems to stake out a position along some “continuum”, Keynesian-Austrian, demand side-supply side, right-left, liberal-conservative, dovish-hawkish...

Is there something intrinsic in the functioning of some human brains that favors this sort of construct? I find it stultifying. At some point these attitudes lead to ossified thinking, where a pre-determined type of outcome dictates the process and frames the limits of the debate. Enginerds are notorious for this, and if it wasn’t so sad, it would be funny.

This is the type of thinking that creates us-vs-them, that divides. Everyone has built their shell, staked out territory, has a “point of view”. It is difficult to explain in a few words. Yes bipolar tensions exist, like risk—reward, progress—stability, etc, but when people can’t see the forest for the trees, the discussion is useful only as a window into personal psychology.

agip wrote:What do you have to do to get banned? I've been plenty mean over on politics threads but I've ne'er been banned.

No idea. When I tried to post I got a message that I was banned for inappropriate posting of some sort, and invited to email them if I thought it was a mistake. I've no clue what I may have done, I think I'm usually respectful, although I know sometimes I can be fairly direct. I was a little brittle, brooking no BS, right at the beginning of the new year, but I think I've softened back to my more normal fake persona (which mirrors my real persona I think).

I have been anonymously harsh on one of the site owners in some of his seemingly drunken (? I hope) and surely moranic "hey I got a great idea, just asking questions..." threads. Maybe that's what did me in. Probably that, now that I think about it. But really, that guy, who shall remain nameless (rhymes with flojo) really ought to ban himself, do him and us all a big favour. :-D

Banned again in 3... 2... 1...

Maser wrote:

Everyone seems to stake out a position along some “continuum”

not all of us can ascend to the transcendental plane like you, where there are no lines, only pure immanence

always a good exercise to take the 'opposing' view and argue it with yourself (or anonymously on a message board).

that can show the weaknesses of your argument. exposes weak spots. Which you can either ignore or amend your position.

agip wrote:

the MSFT trading is amusing

earnings come out, look very strong but the stock dives after the bell. Down 5% from what I could see.

then at around 6 pm it goes to flat.

now it's up 5% premarket.

So a 10% swing between around 5pm last night and 8AM this morning. In a multi-trillion $ market cap stock. HUGE amounts of money there.

And I do think there's some chance it was a bear raid after earnings...one of the big tells you are in a bear market is if a stock falls even after good earnings. When that happens it's pretty scary. So maybe some loose coalition hit that stock hard to try to give that impression. I dunno. Just making stuff up.

Prof. Racket wrote:

Maser wrote:

Everyone seems to stake out a position along some “continuum”

not all of us can ascend to the transcendental plane like you, where there are no lines, only pure immanence

You see, Racket...that doesn’t bother me even in the slightest!

And in point of fact, you’re wrong. I leave it to you to decide to which fact I refer.

Vix down to...29. I would not bet on today’s market outcome.

Prof. Racket wrote:

Maser wrote:

Everyone seems to stake out a position along some “continuum”

not all of us can ascend to the transcendental plane like you, where there are no lines, only pure immanence

Of course, having read Derrida.

One more

doc idiot wrote:I’m obviously going to jinx myself saying this (even though there’s no such thing, knock on wood…), but my sweet move at closing yesterday has been a great idea 100% of the days since I did it. Maybe I’m a genius!

Bwah ha ha …

😂

Damn, I jinxed myself! Day 2, I look like an idiot again, back in my comfort zone. :-D

That’s it right there: “the...opposing...view “. Same setup.

Perfect illustration. Such dialogue has already determined the type of outcome, which is inherent in “the definition of the problem”.

It is of much greater value to conceptualize in terms of a “situation that bears examination” rather than in terms of a “problem that needs solving”. All too often we tread in the path established by prior thinking, and arrive at the same precipice, and arrive on that same spectrum without even knowing how we arrived.

It’s a very easy construct to present to the everyman, and very geopolitically utilitarian when fleshed out with rhetoric and buttressed by propaganda.

This sounds high-handed, and it is. I am not saying that continuum-type thinking is always “wrong” or not worthwhile, just that it is, in the long run, entirely stagnant.

la gente esta muy loca wrote:

Prof. Racket wrote:

not all of us can ascend to the transcendental plane like you, where there are no lines, only pure immanence

https://i.imgflip.com/62r5e4.jpg

Of course, having read Derrida.

https://i.imgflip.com/62r69y.jpg

One more

https://i.imgflip.com/62r87y.jpg

lmao, that's perfect

la gente esta muy loca wrote:

Of course, having read Derrida.

Lol, you are one of the very few.

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