Morning Audibles 5.6.10 A Hugh Hendry Sighting

My good friend Hugh Hendry was spotted on "Crosstalk". Whenever there is a Hugh Hendry sighting, it's best to just sit back and enjoy his gems of wisdom. CV won't muck up the experience and therefore offers it as a "stand alone"...

Enjoy!

413 comments:

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I-Man said...

@ Anon

Its "Tabbo"...

:)

-I

DL said...

ben @ 5:19

Actually, I am interested in "hearing" more on that subject. Didn't put buyers get paid today?

DL said...

402 comments.

Is that a new record?

Ben22 said...

"If a family member or friend came to you asking what should they do now after listening to you be wrong for nearly a year, what should/would you tell them?"

Working with family is a catch22, if they follow your advice and you are wrong (even if only temporary) they will be mad at you, and often flip right at the wrong time, if they don't follow your advice and you are right, they will be mad at you, probably even more mad.

DL said...

LB @ 5:20

At the next Board meeting, I'm going to recommend a raise for you.

Leftback said...

LB likes Ts, and Karen. Pretty sure of that...

Today was frightening b/c we were ready for something, like a 3-4% drop, but NOBODY was ready for that. Just goes to show, yet again, that without shorts there are no buyers once the market starts to fall.

Ben22 said...

DL,

Did you follow any OOTM puts today? I think lots of people had huge profits and no way to exit and ended up giving much of it back into the close....brokerages are reported as being down all over the place, we aren't even in 3 of 3 of 3 man, only a warm up. We had issues on our platform for a little bit even.
I'm only trolling around reading anecdotal stuff but it's everywhere.

Leftback said...

DL: Excellent, and remember that LB is "bonused" on YELLOW CARDS.

DL said...

Ben22

O.K., the part about brokers being unaccessible is true.

Leftback said...

Credit markets are definitely a safer and more liquid place to be in P3.

Ben22 said...

RP was ready for this, the cycle work he did in the last letter had a 21 day range for where the exact top would be and how it would come about, the technical work he did in the last letter may have been his best stuff ever, his career fifth wave is starting.....

his all in leverage short call from January is now at a tidy profit.

CV said...

NEW THREAD UP

karen said...

TFG!

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