tag:blogger.com,1999:blog-34323687.post9177840765300919784..comments2024-03-29T09:24:42.731+00:00Comments on Macro Man: Happy Birthday To UsMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger50125tag:blogger.com,1999:blog-34323687.post-3973978407302037482011-09-16T10:19:38.708+01:002011-09-16T10:19:38.708+01:00Happy Belated (Wooden) Anniversary
As for new TMM...Happy Belated (Wooden) Anniversary<br /><br />As for new TMMism's:<br /><br />MTM (Mark to Market) or MTMB (Mark to Make Believe)?!<br /><br />MTMB: an accounting technique perfected by French and other European banks during the sovereign debt crisis which ignores conservative accounting principles and market pricing by a range of obfuscation including "hold to maturity" accounts, secret internal valuation models, conveniently ignoring Greek Government bond holdings maturing later than 2020 from the hallucinogenic 21% haircut because they are excluded from the PSI, etc.bcordischinoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-7095734863633521452011-09-14T09:05:29.795+01:002011-09-14T09:05:29.795+01:00Many thanks TMM, some humble lae entries:
RIPPER ...Many thanks TMM, some humble lae entries:<br /><br />RIPPER - really ignorant p!ss poor economic research.<br /><br />MBA - mindlessly bullish analyst<br /><br />(To be used in the hushed tones of Test Match Special, "oooh thats a ripper from the mba's at banca indebta")<br /><br />BOLIVIAN - balls out long, infinite var, its a nobrainer<br /><br />as in "TMM going Bolivian, cant lose."mephhttps://www.blogger.com/profile/16252414675288201195noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-19759714606257579002011-09-14T08:07:48.273+01:002011-09-14T08:07:48.273+01:00You are living proof of quality being passed on. F...You are living proof of quality being passed on. From the original MM to the entire team the high standards remain the same.Congrats to all of you.<br />DanDastrohttp://www.dastrostockmarket.comnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-29691745566663579572011-09-14T03:40:29.927+01:002011-09-14T03:40:29.927+01:00Great blog...Great blog...chanceehttps://www.blogger.com/profile/02757578466531765652noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-49742651262343613612011-09-14T02:19:07.904+01:002011-09-14T02:19:07.904+01:00An entry for TMM's Tool Time. The Rabid Tiger:...An entry for TMM's Tool Time. The Rabid Tiger:<br /><br /><a href="http://www.zerohedge.com/news/tigers-robertson-europe-state-financial-collapse" rel="nofollow"> Robertson Has Clearly Lost Remaining Marbles </a><br /><br />Jools was last spotted frothing at the mouth about hyperinflation and predicting the demise of USTs with the 10y at about 3.60%. Puh-leeze. Retire before ruining any further hapless inwestors.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-13739879534114884932011-09-13T23:27:23.386+01:002011-09-13T23:27:23.386+01:00Thanks to everyone for your kind supportive commen...Thanks to everyone for your kind supportive comments and all the TMMisms which have seen a late splurge of entries from somewhere in Maryland.. Its going to be tight but some definite winners have been spotted already, <br /><br />All will be very carefully considered by us over a nice cup of tea whilst we listen to Trichet fiddle and watch Rome burn. <br /><br />thanks all . <br />Pol ..Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-33573143110536144732011-09-13T23:01:59.035+01:002011-09-13T23:01:59.035+01:00A very happy birthday to you all, including the or...A very happy birthday to you all, including the original Macro Man. This is the first thing I read in the morning, since the consistent quality of the posts will brighten the daily slog a bit. A big thank you to the regular commentators as well, since the discussion is always a large part of the attraction.Vasastannoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-76900095792605589072011-09-13T22:50:33.195+01:002011-09-13T22:50:33.195+01:00OGMJ – Obama Gonna Make Jobs. Latest US Fiscal St...OGMJ – Obama Gonna Make Jobs. Latest US Fiscal Stimuls.<br /> <br />LBGP – LeftBack Gone Postal. As he occasionally does on some poor unsuspecting anon. Good indication that spooz have reached a temporary bottom and gold a temporary top.<br /> <br />SOAC – Swan Of Another Color. Just when you think its all priced in, another 4+sigma event comes flocking to your door.<br /> <br />PTWD – Print Till We Die. Oath that must be sworn before becoming a central banker.<br /> <br />RORO – Risk On Risk Off. <br /> <br />PISN – Price IS News.<br /> <br />SWCOT – Sun Will Come Out Tomorrow. Opposite of TEOTWAWKI.<br /> <br />ABATLT – Anon’s Boasting About Their Last Trade<br /> <br />2x ABATLT – 2x Anon’s Boasting About Their Last Trade. Leveraged version of ABATLT. <br /> <br />AAGFAT - Angry Anon’s Gloating Forecasts A Turn.<br /> <br />TMMUAH – The Market Makes Us All Humble. Or, TMM Makes Us All Humble. <br /> <br />HFBTMM – Happy Fifth Birthday Team Macro ManCorey in Marylandnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-91718297755030433992011-09-13T21:46:25.048+01:002011-09-13T21:46:25.048+01:00Vengabus - A trade/idea that has everyone jumping ...Vengabus - A trade/idea that has everyone jumping on board and becomes immensely popular but is destined to return to the obscurity from whence it came leaving everyone scratching their head as to how it ever got the amount of traction it did in the first place as it was so terrible. <br /><br />As in<br /><br />Is the driver of the Euro Vengabus falling asleep at the wheel?<br /><br />The GGUF Vengabus seems to have gone into reverse gear <br /><br /><br />http://www.youtube.com/watch?v=6Zbi0XmGtMwAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-91182589614938868912011-09-13T21:17:23.806+01:002011-09-13T21:17:23.806+01:00Mr Ghoul,
Thanks for pointing out how insulting t...Mr Ghoul,<br /><br />Thanks for pointing out how insulting the addendum to my post may have come across. Clearly, TMM knows what CTD stands for in market parlance. What I meant was that I cannot recall it having come up on this blog, and therefore re-assigning the acronym as per my suggestion shouldn't be particularly problematic.WellRednoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-54244984866054317962011-09-13T20:21:02.178+01:002011-09-13T20:21:02.178+01:00Happy birthday blogsters!
Hope it was sticky buns ...Happy birthday blogsters!<br />Hope it was sticky buns all round.<br /><br />Well I dunno, PASOKing has long since burned a hole in the annals based on a previous discussion ;) Pimps and Stylemerchants Of Kingsizedf*ckups.ntwscnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-37840256653942298942011-09-13T19:19:20.966+01:002011-09-13T19:19:20.966+01:00I am pretty sure TMM is technical enough to know w...I am pretty sure TMM is technical enough to know what "CTD" stands for... Congrats to MM and long may it continue!Martin Ghoulhttps://www.blogger.com/profile/16081823970007005988noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-70950072015574144122011-09-13T18:27:35.900+01:002011-09-13T18:27:35.900+01:00'C f C' says'
Given the penchant on sh...'C f C' says'<br />Given the penchant on show today and this merkel interview..<br /><br />http://www.bloomberg.com/news/2011-09-13/merkel-says-uncontrolled-greek-insolvency-must-be-avoided-radio-reports.html<br /><br />Then I dedicate this one to dear Angela to pass along the chain of command... JSTFU ,trust no help needed deciphering that one.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-69052536780355097972011-09-13T18:20:49.329+01:002011-09-13T18:20:49.329+01:00TMM, Anyone.
Ever thought of Cdn banks? - Royal -...TMM, Anyone.<br /><br />Ever thought of Cdn banks? - Royal - yield(4.65%). Down from $60 to $46(C$) today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-47922084660903630402011-09-13T18:14:41.929+01:002011-09-13T18:14:41.929+01:00EURO Convergence Unravelling, Non-Taxpaying SpivsEURO Convergence Unravelling, Non-Taxpaying SpivsThe Originalnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-58829974894438740692011-09-13T17:51:46.730+01:002011-09-13T17:51:46.730+01:00Joyeux Anniversaire a vous mon amis!
Must read ev...Joyeux Anniversaire a vous mon amis!<br /><br />Must read everyday. As you notice, especially during a crisis.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-59148970057819375922011-09-13T17:00:48.331+01:002011-09-13T17:00:48.331+01:00Thanks T-MM! - its been an enlightening year.Thanks T-MM! - its been an enlightening year.Amplitudeinthehousenoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-90068415741406540832011-09-13T16:22:57.818+01:002011-09-13T16:22:57.818+01:00PYSGBMM - pickup your skirt, grab your balls and m...PYSGBMM - pickup your skirt, grab your balls and make some moneyabee crombiehttps://www.blogger.com/profile/13320039155613443039noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-81920328985763098122011-09-13T15:57:41.684+01:002011-09-13T15:57:41.684+01:00SNB = SAFE Newbies Board
ECB = ECho and the Bunnym...SNB = SAFE Newbies Board<br />ECB = ECho and the Bunnymen (and their great hit, "Nothing Lasts Forever"Dublin Dundee Humbersidenoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-32157705646953398532011-09-13T15:47:51.706+01:002011-09-13T15:47:51.706+01:00We did note that said bank is trading at 0.23 x bo...We did note that said bank is trading at 0.23 x book value, and as such is probably a good substrate for a short term punt, of the type for which TMM readers have a fondness. Here's how to execute such a punt. GIGOSFA !<br /><br />GIGOSFA - get in, get out, stop f*cking about.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-53545343981523793592011-09-13T15:46:02.300+01:002011-09-13T15:46:02.300+01:00Well done Mr Macro for founding something worth su...Well done Mr Macro for founding something worth sustaining and the rest of you Macrlings for sustaining it so well. Here's to another five years (at least).Alen Mattichnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-87513162976091922512011-09-13T15:38:53.241+01:002011-09-13T15:38:53.241+01:00Happy Birthday, TMM, font of wisdom and source of ...Happy Birthday, TMM, font of wisdom and source of wondrous financial acronyms. I have and always will learn an immense amount here on a daily basis, while not playing the role of agent provocateur and blog jester...<br /><br />ZH = BTSNBN (blog that shall not be named)<br />Gold = ATCNGD (asset that can never go down)<br />Karen = TGWTBA (the girl with the beautiful ankles)<br />Crisis = EBKAM (Eurobllx Kredit Anstalt Moment)<br /><br />Now, back to the markets.... Krugman says TEOTWAWKI...!! TEOTWAWKI...!!!<br /><br />Agree with CV that the worst is over for now. Sit back and wait, and sell volatility?Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-4519694074862825522011-09-13T15:31:46.772+01:002011-09-13T15:31:46.772+01:00SNB = SAFE Newbies BoardSNB = SAFE Newbies BoardDublin Dundee Humbersidenoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-46041737622122818372011-09-13T15:09:21.761+01:002011-09-13T15:09:21.761+01:00Happy birthday blog!
I think Macro Man might have...Happy birthday blog!<br /><br />I think Macro Man might have a point about the French banks, given the excess liquidity in the marketplace and eager & willing central banks to fund wide variety of collateral - mind boggles that their equity has been hammered. Maybe an unforseen consequence from the short selling ban?<br /><br />There must be eventually a point where risk/reward makes sense for long trade, but given my crap sense of timing it will probably be 30% off from my eventual entry to the trade!Tradebotnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-80175217485253283122011-09-13T14:51:39.609+01:002011-09-13T14:51:39.609+01:00happy b day
i think we need a TMMism for ZH... so...happy b day<br /><br />i think we need a TMMism for ZH... something like DGDF or ZHPF zero hedge pessimistic forever<br /><br />or HFGW<br /><br />high frequency gone wild. when conflicting news reports come out. what do the computers do?<br /><br />take off their shirts of courseabee crombiehttps://www.blogger.com/profile/13320039155613443039noreply@blogger.com