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

The Blog Entry that Accompanies this Vlog is at: http://investorandtrader.blogspot.com/2009/04/airelons-holy-gospel-hour-mark-...

My Daily Blog is at: http://investorandtrader.blogspot.com/

My channel at BlogTV is: http://www.blogtv.com/People/Airelon

My Podcast is at: http://airelon.podbean.com/ and embedded in the daily blog.

If you're not among those that have followed me for a while? From time to time, I'm known for a bit of an "tirade" of the lunacy of the world, which I call "Airelon's 'Holy' Gospel Hour"

Mark to "model" accounting?

ARE YOU KIDDING ME? What ?!?!

Who determines the model? With contracts that are not standardized, how do we determine what is "distressed"? We're supposed to trust the morons that got us in this mess?

This is like living inside a painting of Salvador Dali

NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance

Category:

People & Blogs

Tags:

• howto
• investing
• trading
• airelon
• stockmarket
• options
• forex
• commodityfutures
• daytrading
• swingtrading
• positiontrading
• tradingforaliving
• marktomarket
• marktomodel
• accounting
• creditdefaultswaps
• aig
• bankofamerica
• citigroup
• otc
• derivatives
• endofthefreakingworld
• morons
• idiots
• fools
• jimcramer
• exchange
• toxicassets
• rally
• 300points
• dowjones
• reliefrally
• bottom

[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!"

[Thom363]

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

[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 ...

:)

[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!

[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.

[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. :)

[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. :)

[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]

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.