Airelon's "Holy" Gospel Hour: Mark to Madness Accounting ?

[SilverRose09]

Hello Airelon please check this vidio out.

watch?v=UlDNMB6wYmI

[WesSeid]

Dan's mad! Look out! lol. awesome.

Y'know, in all the stuff I've seen and read about the CDS and AIG crap, that phone example is probably the most understandable one I've heard.

And let's not forget, folks, AIG was the pet of our Big Government. Mainly Democrats, but I'm not trying to pick on them specifically since I try to pick on any representative who is for Big Government and taking your money and freedoms away. The LIbertarian Party, look into it. :)

[tztthinkagain]

All they know how to do is screw people up. Anger? I hope every sheeple wakes up and became the fcking incredible hulk! Things need to change!

[ohio1998]

I've been busy blasting these nit wits who think that silver is going to the moon! I'm a buyer, and I love coin collecting, but these people are asses. All they do is push the prices up at the local coin dealers. They end up selling after 3 months when silver whips back and they get all pist off when armaggedon doesn't arrive tomorrow.

[AirelonTrading]

That's what truly funny - in a sick sort of way.

I'm right there with ya mate. I own my own physical silver. But then there are "silver-tards" - and you're right - they're completely pissed off because

"Dang it! There's not rioting and looting in the streets! People aren't starving to death! I can't say I told you so! I'm so pissed! The silver market must be "manipulated". It can't be something as simple as the market has run out of buyers!"

[ohio1998]

That's what I'm seeing myself. Not enough people have been suckered in.  You know why? No one has any money!!!!!!! They are busy forclosing on their houses or bailing out banks. I still think it's a good investment and it's fun, but these retards are out of control. Those stupid commercials on TV are making it worse.

[ohio1998]

@kylhul81 , really, because I bought it at $11, and I'm selling it now!

[kylhul81]

@ohio1998 Is that why in 08 it was $11/ oz???? $25/oz in 2010 idiots. HAHAHA.

[ohio1998]

@kylhul81 , plus I made a triple off the mining stocks. Why waste time and money hunting for coins and dealing with jackasses like you that are trying to buy them. Can't out hustle the hustlers!

[DavidAKZ]

Thanks Daniel. I was under the (perhaps mis) apprehension that the likes of OTCDO derivatives were 'off balance sheet' and hence no one knows the extent of the losses ?

[Thom363]

Oh and on the "Do they really think we are that stupid question" the answer is yes.

[AirelonTrading]

Sadly enough, I'm not sure if it's

"We really think you guys are that stupid"

or

"We can do what we want, and you poor saps will just have to suck it"

Probably a combination therein.

[AirelonTrading]

Khan Academy has a really nice explanation of the Geitner plan.

Scary, to say the least ...

watch?v=zW2vRzO0678&fmt=18

[Thom363]

Interesting.  I don't get to see you lose your mind very often Dan. Very interesting. ;-)

Keep your wits about ya.

[AirelonTrading]

Heheh. Yeah. It doesn't happen often, but every once in a while I have these humorous little fits, with a little bit of anger.

Well ... ok ... a LOT of anger ...

:)

[OmarThePug]

mark to bullshit

[MustLovePoop]

mark to lying, lmao. I can't stop laughing help me.

[escapee78]

JOHN LAW multiply by 100 Times..

[shakaama]

i said that about the bailouts. how is an investor even supposed to know the value of a company if they are receiving tarp money?

and the confusion of it makes the market go crazy as well. one investor might think bailout money in a company is bad, but another might think it's the bees knees. So no one can even agree on the value of a company. then this mark to market comes out yesterday, how stupid.

[ohio1998]

Trade the stupidity. Bank stocks are highly volitle, so trade it!

[WesSeid]

Short-term traders love the volatility, but, for me, I hate touching banks because on the one hand they manipulate their numbers as best they can, and on the other hand the government manipulates them as well.

Volatility can be very good, but it's hard to know where the things are going when these crap banks are getting manipulated from all sides.

Besides, part of me thinks it's more "American" to trade companies that, unlike banks, actually make useful products. :)

[shakaama]

From my blog Dan a few days ago:

Goldman shares have doubled since November, closing at $111.93 last Monday.

The Investment bank has had to change its business model, and reduce the amount of leverage it carries on its balance sheet, but some business areas are positively on fire with flow or client driven trading benefiting from wide spreads being charged and really bringing in the moolah.

I thought that was funny, no one else followed suit. they remain over leveraged.

[ohio1998]

Looks like a great short candidate.

[UTubeConspiracy]

WELL SAID!

[ohio1998]

Dan!

You are the BEST!!!!! Trade the insanity. Embrace the horror! Carpe Diem and all of that shit!

This insanity will not end. They will continue to keep this ponzi scam going until the whole system goes to ZERO. We've been hijacked, and there is no way out of this. They have "insured" us a decade of horror! All of this crap would have already been over with if they just would have left it alone! You doing a live broadcast today?

[AirelonTrading]

You know, that's the best way to put it. We've all been hijacked. This is just beyond nuts. I-N-S-A-N-E

I'm in the same mode. Just trade. It's the only way out of this mess.

I'm wondering how many people in the 'mob' is going to buy into this nonsense.

As far as the live broadcast? Not today. I have an appointment late in the afternoon, and I'm not sure how long it's going to last. :(

[ohio1998]

I'm sure a lot of people are. I still have my "investment" positions. I'm going to trade (RIO). I'm in at $14.47 and I'm going to sell at $19. I already have my sell limit put in. I'm going to wait for my gold stocks to get crushed before I get back in those. Then I'm going to sell the RIO and dump it into AUY. When the wall of worry returns, I'll sell AUY and go back to something else.

[ohio1998]

Krull went off the deep end with Max the retard trader. I guess he didn't like the big dip and reversal today!

[AirelonTrading]

Suck, it's a little late now. I was going to give ya a call. Tomorrow night I'm going to be tied up, as well as Sunday night (Anniversary)

[ohio1998]

Call whenever. I'm like 7-11.