A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
Creditcane™: I tried but bulls found a life presever.
SPXBearish thrusting day. Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 1254.60). QE2infinity. Market must need a stake through the heart to keep it down.
DXYBullish long day (confirmed bullish harami). Midpoint below EMA(10). Avoided the 23.6% retrace (78.72). Back above SMA(89). No daily 3LB changes (reversal is 80.83).
VIXInverted hammer day. Midpoint above EMA(10). Still above SMA(21). No daily 3LB changes (reversal is 15.45). Concluded that there might be no escaping the "no fear" zone. Currently has a monthly 3LB reversal.
GOLDBearish long day (confirmed bearish harami). Back below SMA(21). Midpoint below EMA(10). 0.0% retrace holding. Now below 14.6% retrace (1392.69). Daily 3LB reversal down (reversal is 1422.90). Must have the precious.
EURUSDBearish short day (needed to gap up to be a shooting star). Midpoint above EMA(10). Still above its 38.2% retrace at 1.3121. Still above SMA(21) and SMA(144). No daily 3LB changes (reversal is 1.3001).
JNKSpinnin top day. Midpoint at EMA(10). Failing the Gann 4x1. Still below all SMA's except 144 & 233. No daily 3LB changes (reversal is 40.47). Working on closing that huge gap.
10YR YIELDSpinning top day. The 0.0% fibo retrace at 35.66 has held. Above all SMA's. Back below its 14.6% retrace (33.86). Midpoint below EMA(10). No daily 3LB changes (reversal is 32.36).
CRBBearish long day (completed evening star pattern). Midpoint above EMA(10). Above all SMA's. No test of 0.0% retrace. Daily 3LB reversal down (reversal is 333.02). Back below trendline of current move.
IQISpinning top day (didn't confirm bearish thrusting). Midpoint above EMA(10). Still above SMA(21). Back below its 38.2% retrace (12.20). No daily 3LB changes (reversal is 11.52).
WTIBearish long day (completed an evening star?). Back below SMA(21). Midpoint below EMA(10). Closed back below the 85.4% retrace (90.99). Daily 3LB reversal down (reversal is 91.55).
LUMBERBearish engulfing day. Still above all SMA's. Above the weekly 3LB mid. Midpoint above EMA(10). No daily 3LB changes (reversal is 298.50).
LEFTBACK'S BOND REPORT
The Bond Report 1.4.11
Another relatively quiet day in the credit markets as bonds took a back seat to the action in commodities. For a second day, spreads were tighter and HY outperformed IG. Treasuries were strong earlier in the day but sold off late after the FOMC minutes. TIPS outperformed vanilla Ts after a POMO in TIPS.
Corpies: LQD 0.13%; AGG 0.03%; JNK 0.30%; HYG 0.45%
Govies: TLT 0.12%; IEI 0.06%; TIP 0.25%
Hedgies: TBT -0.19%
We did nothing. HYG 22% TIP 15% and LQD 3% of our portfolio. No AGG, no TLT.
Tomorrow is a POMO at the long end, but it is also ADP in the morning, so that may be a wash unless ADP is a screamer. At this point, with a POMO behind us tomorrow afternoon and auctions in 10y and 30y ahead next week as well as a PPI number, we would suggest selling strength in TLT, and we may be short to protect our FI against rate risk.
54 comments:
Long Term Investor says... (in Sugar Bowl)
TAKE ARKANSAS & THE POINTS...
Dy Trader says...
LAY THE POINTS WITH THE BUCKEYES...
Ra
We dropped the Bond Report in the other thread along with some deep thoughts on portfolio management.
Respec', bro'
CV, you know that I-Man is pulling for the Hogs tonight!
Big10 is the worst example of a football conference I've ever layed eyes upon.
Throw the Pac10 in there as well before we watch Auburn kick the snot out of the Ducks next monday. Living in the PNW I'm so sick of hearing about the Ducks... cant wait to see them get smoked.
Don't bet on college football games...
I'll increase your margin...
"Just bet the fucking dip"!
DXY consolidating sideways, ready for a strong move up?
TNX also looks like it might have one more upside move ahead?
EURUSD looks weak. AUDUSD had a very weak day. Unwind ahead?
Gold hit the 55 DMA for the first time in ages. Breaking decisively below that level would be very bearish.
JNK chart gap was an artifact of people selling the ETF ex-div.
There is no correlative selling in the bonds themselves, FYI.
@I-Man
As you are so eloquent with the tape... You have to put your "emotions aside"...
CV thinks the Big 10 is overrated as well... Pac -10... Meh... not so much... Stanford manhandled Va Tech, and even crappy Washington beat Nebraska...
But....
Vegas wants Ohio State to win... (it's raised the line to [-3] from [-2.5] with only 40% of the money on Ohio State...
So I don't care if I think Terelle Pryor is a thug (which I do)... I'll side with Vegas... Meaning I go with Ohio State...
Auburn is the REVERSE... Line moved from 3 to 2.5 (with 62% of the $$ on Auburn)...
Vegas is taking sides here... The 'sharps' like the BUCKEYES & THE DUCKS...
CV will go with the sharps... "Unemotionally", of course... Doesn't that just PISS YOU OFF? :-)
You chaps do seem to enjoy that gridiron business. We are off to watch the cricket with some Aussies. Tie me kangaroo down, sport.
The DXY charts are very solid... I like the "drift" lower off the last minor high on the daily chart. Weekly seems a little scary depending how you look at it, but 3 higher lows are 3 higher lows.
Gold is interesting, my gut tells me that the metals are just basing here. Havent looked at silver as closely as I have at gold. The overshoot always seems to be in play with this one, but I'm concerned there may be too much capital waiting to make an entrance there...
If you believe that gold is NOT an inflation hedge, but rather, a DEFAULT hedge, of the sovereign variety... then there is no reason to suspect that the uptrend would be over, thus, BTD.
If you are looking at gold from a fundamental basis as an inflation hedge, then I think it will be a head scratcher.
Then there is the whole issue of the psychology of those who are already "asshole long" gold, (ht, AT) and what else they may own that might leave them susceptible to having to bail on short notice.
Maybe there is some quant fund blowing up or something and that is throwing off everyones radar... who knows.
One thing is for sure, capital will find a home where it is comfy, and we want to be there when it moves.
@ CV
Nah, that just makes me feel great about the fact that I dont bet on sports.
I do too much of that shit at work.
I really do just love watching football and talking about it though... its tradition.
@I-Man
In reality... CV is going to take the LB (Portfolio Manager) approach of risk management to this proposition...
Think of it this way...
It's basically 60-40 either way (and Vegas catches the vig)... So VEGAS is happy with a 50-50 split...
Therefore... PASS on tonights game... If OSU wins and covers... You go "small" on the DUCKS... If Arkansas covers, you go LARGE on the DUCKS...
In day trading parlance...
You sit out tonights game... Then, you "fade" the RIP, or you "buy" the DIP...
Your friendly neighborhood bookie...
Can't wait to hear K's thoughts on the LUMBER chart.
Looks like a massive UPRIGHT POLE with BULLISH THRUSTING...
The problem with gold is that if everyone and their brother is asshole long, then there are few marginal buyers to come in, even if it is JBTFD. If you think about some of the brothers being on margin, then you have some of the ingredients for a rout at some point. There is a history of massive meltdowns, after all.
Oh yeah, one more point and then I'll shut up...
That thingee called the Sovereign Debt Crisis... aint even really begun yet, so if I'm playing "fundy guy" thats why I get long gold on any and all dips.
So glad I dont play "fundy guy" with OPM...
The Bond Report 1.4.11
Another relatively quiet day in the credit markets as bonds took a back seat to the action in commodities. For a second day, spreads were tighter and HY outperformed IG. Treasuries were strong earlier in the day but sold off late after the FOMC minutes. TIPS outperformed vanilla Ts after a POMO in TIPS.
Corpies: LQD 0.13%; AGG 0.03%; JNK 0.30%; HYG 0.45%
Govies: TLT 0.12%; IEI 0.06%; TIP 0.25%
Hedgies: TBT -0.19%
We did nothing. HYG 22% TIP 15% and LQD 3% of our portfolio. No AGG, no TLT.
Tomorrow is a POMO at the long end, but it is also ADP in the morning, so that may be a wash unless ADP is a screamer. At this point, with a POMO behind us tomorrow afternoon and auctions in 10y and 30y ahead next week as well as a PPI number, we would suggest selling strength in TLT, and we may be short to protect our FI against rate risk.
Dont even get me started with JPY... man oh man...
The implications...
@I-Man
"Nah, that just makes me feel great about the fact that I dont bet on sports.
I do too much of that shit at work.
I really do just love watching football and talking about it though... its tradition.
---
You can basically REVERSE that these days for CV...
I feel that sports are LESS RIGGED than capital markets... & a lot more trustworthy...
Or at least... at least the "criminals" involved in fixing football games are making LESS of a negative impact on society than the bankers & politicians...
In sports, it's all just clean (dis)honest fun... Everybody goes home happy...
In banking & politics... NOBODY goes home happy... Not even the "winners"...
Maybe thats because...
Bankers. Addicted to OPM.
Politicians. Addicted to OPM.
So far the sovereign debt crises have played out one at a time, giving people time to run from one set of govvies to another. We expect that to continue, so as we go through the list -Portugal, Spain, Italy, etc, we will see bids put into bunds and Treasuries until bankers in those countries finally become tired of shorting their own govies and buy them back at higher rates.
The lesson from Japan is that the active ZIRPers are not likely to be the target of the bond vigilantes, perhaps b/c the central bank has the ability to control rates via currency manipulation, via issuance and via liquidity withdrawals (repos). Japan has been doing it for fifteen years.
Many other markets will blow up before our Treasury market. JGBs may never blow up, but if it does it will be absolutely spectacular and we will learn a lot.
What I am saying is that from now on, there are no "crises" and "collapses" that are not being carefully scripted by CBs and IBs.
CV, the market is not rigged...
AFIATBNL,
I would say, "carefully played by CBs and IBs"...
They just dont want to lose money. They probably feel just as out of control about the current situation as any of us looking in.
I think we give them too much credit honestly.
@I-Man (5:58)
Partly... YES
But mainly... It's because that's the pinnacle echelon of the GREED strata...
And when you get that high... BY NATURE... There can only be one winner...
So eventually, they will all turn against themselves...
Bear Stearns, Lehman, Merrill??? That was only the BEGINNING...
Now wait for JPM, GS, Citi, & BA to cannibalize each other...
When that's done, it'll be time to go against DB and the rest of the big Euro Banks...
"Oh the movie never ends, it goes on and on and on and on..."...
http://www.youtube.com/watch?v=VcjzHMhBtf0&feature=channel
"CV, the market is not rigged..."
If ZIRP and QE, POMOs and suspending M2M aren't rigging the market, what is? Any number of entities out there were totally insolvent.
This has been a massive do-over for bankers, debtors and the rich, subsidized by US savers, taxpayers and now the poor in Asia.
We all know that we are playing a rigged game every day.
Think like the Weasels, Grasshopper.
@I-Man (6:00)
I agree... The market is NOT rigged...
However - there are powerful hands that WANT to RIG the market... And thos hands are capable of suspending reality for periods of time that seem to defy human logic...
You cannot deny that they DESIRE to rig the market... It would be ridiculous to DENY that... I FREELY admit that I'd rig something to my advantage if I could (and I'm an honest guy)...
Instead, thses types are downright CHEATERS (so you don't think they'd do it)?...
So if the "motive" is there, what else do you need?
In a system that has less and less involvement by individual "lesser" hands, the odds become greater that the LARGER hands can suspend reality in their favor...
If you deny the odds of that sort of dynamic, and just think athat all is fair... Then you're a fool...
@AFIA2BNL (6:12)
Think like the Weasels
I DO think like the weasels...
That's why I made the call on Ohio State... Look - The SEC & the Big 10 are the two "darling" conferences in the WEASEL NCAA...
Big 10 lost 5 games on New years day... The NCAA has to throw it a bone here... Better to throw it an ARKANSAS bone (than an ALABAMA, FLORIDA, or LSU bone)...
As for AUBURN?
Look... ALABAMA is the "golden child" there anyway... & in a few years, they'll discover that Cam Newtons father DID shop his son to Auburn, took money, and all the titles will be stripped...
So it's better if Auburn just quietly "loses" the national championship here...
PAC - 10 could use the glory... (Until USC comes off it's naughty probation)...
LB
Added the bond report.
If new homes are not being built why is lumber higher? Who else uses enough to move the market this much?
Sure didnt feel very rigged on May 6th of last year did it?
You think "they" saw anything coming?
@Amen
Added THE BERNANKIAK Report (Calendar)...
He says... JBTFD...
"I rigged it that way"
There is a multitude of "lesser hands" out there... we just have to trade what we have.
When you are swinging billions, you have the ability to "manipulate" by sheer size alone, regardless of intent... oftentimes to the detriment of the trader.
I dont think GS, or the Fed, or any of them are trying to "rig" the market, I think they are trying their best to "manage" the mess they have made as a result of their ignorance/arrogance.
Of course, by their very nature, they are mostly concerned with making money. Probably so much so that they miss alot of the macro stuff.
They will likely continue to do dumb shit, and they may end up burning the house down in the process, but whatever they do, I am going to try and make them pay I-Man first.
I could care less about any of this really, just put a price chart in front of my face and dont tell me what it is, I should be able to make a few bucks on average. And I dont need to know a thing about the why... so if its rigged, its rigged.
In the end, what is a market, any way?
@I-Man
Actually... CV "rigged" the markets last year...
Because in February, I called a 1.30 on the Euro to hit on May 4th (which it did - to the day)...
Even though Citi & Goldman analysts were telling everyone all thru March that the Euro was a BUY BUY BUY...
You know what else is funny, you could probably say "its rigged" about any market in the history of mankind.
Thats just the way of capitalism. Feels good to win, sucks to lose.
@I-Man
"I could care less about any of this really, just put a price chart in front of my face and dont tell me what it is, I should be able to make a few bucks on average"
I don't deny the pursuit of a little vig, but C'MON MAN, that's a little disingenuous...
Since I know you have a strong spiritual side, I won't hold that as a strike against you...
It's hard for me to try and PROFIT off what I KNOW is not helping... So instead, I bide my time...
Ahh... CV, that wasnt you doing any rigging... you just stumble across some of the internal circuitry...
It is there.
Thats why I am so confident that the market is not rigged. Because the things I have seen proved to me otherwise.
All price action is preordained, and has nothing to do with whatever causality we assign it. And if it does, then predict it fundamentally before the fact, to the day.
I hear you bro, but its just my job. None of this changes a bit if I dont get up tomorrow and trade my YM contract a few times. My entire firm could shutdown tomorrow, and it wouldnt change a thing. This is global shit we are dealing with.
I'm just taking the best opportunity I have to make a living. I dont even feel like I chose this shit to be honest with you, just kind of "stumbled" on it, myself.
I stayed for the competition. It really is like PTJ says, the biggest baddest chess game.
Great thread here... but I'm going outside for a bit.
Its cold as balls here right now...
@I-Man
"Thats why I am so confident that the market is not rigged. Because the things I have seen proved to me otherwise..."
---
I'm going to disagree... (to some extent)...
I'll give you an example...
Last year we all did that stupid PREDICTION thing (high & low on the S&P)...
I predicted 1235 High 840 low (for 2010), on the S&P...
I FIRMLY believe, that in the ABSENCE of QE2... My 840 LOW target would have been hit within the year... FIRMLY FIRMLY believe that...
Instead, when the market was just about to break down technically (at 1010)... All of a sudden, the "hand of God" [the Bernank] comes in, and with a "coordinated" effort on the part of PD's, next thing you know, it's THE ELECTIONS, THE SANTA CLAUS RALLY, TAKE OUT APRIL HIGHS, yada yada...
Nobody cann tell me that that was all PREORDAINED (if you were predicting it in May of last year)...
Or...
Take a different tact...
Say it WAS PRE-ORDAINED... That the April 2010 high was something that SHOULD NOT have been interrupted (but it WAS - by Waddell & Reed's fat fingers, or whatever)...
Well then...
Since it was "set off course"... Who put it back on course?
Daytraders like you? (There were 17 straight weeks of equity fund outflows after that)... On NO VOLUME?
No... Markets aren't rigged at all...
Look - I'm not really arguing with you here... We just need Bill Clinton to tell us what the definition of the word "rigged" IS...
BTW...
Where TF has AHAB been lately?
Rigged Markets - Ohio State Buckeye Version - "We don't rig markets"...
PART 1
Terrelle “The Truth” Pryor is my favorite college football player and it isn’t just the way the Ohio State quarterback can shred defenses.
Pryor is a godsend to anyone who believes the business of college athletics is little more than a smoke-and-mirror show of situational ethics, selective enforcement and tightly controlled public relations designed to dodge taxes and make millionaires out of administrators.
Perhaps no player has ever exposed the system and its handlers more clearly than Pryor leading into Tuesday’s Sugar Bowl against Arkansas. He may not have consciously planned to do what he’s doing – although I suspect he has a clue – but he’s become a WikiLeaks in shoulder pads; a “30 For 30” special in real time.
Related Video Sugar: OSU distractions Sugar: OSU distractions
More NCAAF Videos Popular Sports PagesESPN anchors high-five over NFL coach's firing Stanford marching band banned from Orange Bowl Video: Tennis legends Nadal and Federer duel on water AdChoices
Every time Terrelle Pryor says something, the system responds in some embarrassing way that only makes things worse.
(Jamie Sabau / Getty Images)
When he isn’t violating some NCAA rule, he’s shining a light on the absurdity of how the sport’s power players managed to rewrite said rule so its cash flow could continue unabated. Each Pryor quote seems to prompt the system to respond in some bumbling, embarrassing way that only makes things worse.
[Photos: See more of Terrelle Pryor in action]
Consider The Truth’s last two weeks and the suits constant scramble to clean everything up.
--------------------------------------------------------------------------------
On Dec. 22, Fox 28 in Columbus reported Ohio State was dealing with a compliance issue involving a number of players receiving tattoos from an area parlor in exchange for signed memorabilia.
The move sent Buckeye Nation into a panic as rumors swirled of potential mass suspensions for the bowl game.
Pryor took to his Twitter account and boldly declared: “I paid for my tattoos,” a seemingly innocent man putting speculation to rest. OK, everything was cool.
At least until the next day when Pryor and four teammates would be suspended for the first five games of the 2011 season for selling gifts and memorabilia. In Pryor’s case, he netted $1,250 for dealing his 2008 Big Ten ring, his 2009 Fiesta Bowl sportsmanship award and his 2008 Gold Pants.
So that might be where he got the money for the tattoos. The tweet was deleted, naturally.
We’ll use this moment to remind readers of our longstanding opinion that most of these rules are ridiculous and players such as Pryor, who earn millions for their schools, deserve a better compensation model than just tuition, room and board. This isn’t an argument justifying the NCAA. If it’s going to have rules, though, shouldn’t it enforce them? And, yes, Ohio State’s creative defense would be employed by nearly every other school.
The initial reaction was that a five-game suspension for selling trinkets seemed rather harsh. Sports Illustrated’s Andy Staples noted the irony of selling a “sportsmanship” award from the Fiesta Bowl, which is currently facing a grand jury probe for violating federal and state campaign finance laws.
It isn't easy to focus on the Sugar Bowl with all the off-field stuff about Terrelle Pryor.
PART 2
The strange part, though, was that Pryor and the others would remain eligible for the Sugar Bowl, effectively pushing their suspensions back. That allowed most of them the choice of avoiding any penalty by simply turning pro.
Ohio State and the NCAA cited an obscure rules interpretation that claimed a suspension could be postponed to preserve a “unique opportunity.” They then decided a bowl game was such an opportunity. Ohio State further claimed Pryor and the others hadn’t been properly educated on the rules, an excuse that caused laughter across college athletics.
[Rewind: Announcer fired for taunting Cam Newton over allegations]
After all, we’ve seen entire NCAA basketball tournaments stripped from the record books for such acts. And what about the “unique opportunity” two seasons of Southern California players can’t have because Reggie Bush once took money from agents? Or as Rich Brooks, who spent 25 years as a head coach before retiring from Kentucky last year, tweeted: “You are kidding that players at Ohio State did not know it was illegal to sell their rings and awards!! Can play in bowl game?? Crazy!!”
And while a bumbling compliance staff is always an easy scapegoat, the Ohio State student newspaper, The Lantern, quoted former Buckeye Thaddeus Gibson (2007-09), who claimed players were repeatedly told not to sell items.
“Oh yeah, they [OSU athletic director Gene Smith and the coaches] talked about it a lot,” Gibson told the paper.
Oops.
AD Smith promptly declared that the issue with memorabilia sales and free tattoos was “isolated.” That led to former Buckeye Antonio Pittman to tweet to the contrary: “cats been getting hookups on tatts since back in 01.”
Then SportsByBrooks.com reported the tattoo parlor’s owner had pictures of all sorts of Ohio State player memorabilia, including some from Pryor, on his Facebook page. The website also reported Gibson, among nine Buckeyes, got tattoos to the same tattoo parlor.
Every OSU fan message board became filled with tales of signed stuff hanging on the walls of area restaurants, bars and car dealerships
PART 3
Conspiracy theories on why the players were eligible for the Sugar Bowl emerged immediately. They ranged from the Big Ten fearing another possible ugly loss to the SEC to the need for the Sugar Bowl to produce a reasonable television rating in the face of sagging numbers for bowls overall. Plus Big Ten commissioner Jim Delany and OSU president E. Gordon Gee are the chief defenders of the BCS.
Then there’s the general cronyism that exists between bowl games and the college administrators who keep them financially alive. On Dec. 30, PlayoffPAC revealed that the Orange Bowl provided a free, five-day Caribbean cruise in 2010 to 40 athletic directors, conference officials and their wives, in violation, the group alleges, of IRS rules.
On Dec, 29, the NCAA responded to the backlash by issuing a rare statement declaring: “the notion that the NCAA is selective with its eligibility decisions and rules enforcement is another myth with no basis in fact … Money is not a motivator or factor.”
Within hours Sugar Bowl CEO Paul Hoolahan had blown that out of the water when he confirmed everyone’s suspicions and said that not only did he lobby hard for Pryor and the others to get a reprieve but also that the powers that be listened to him.
“I made the point that anything that could be done to preserve the integrity of this year’s game, we would greatly appreciate it,” Hoolahan told the Columbus Dispatch. “That appeal did not fall on deaf ears.”
Oops.
Hoolahan went on to deem Ohio State fan concerns about their school putting the integrity of a bowl game in front of the integrity of Woody Hayes’ program as “Midwestern values.”
By this point, the usual rally around the player and/or program had fallen apart. While some Buckeye fans still defended Pryor and Ohio State, there was a huge negative backlash on message boards, talk radio shows and in letters to the state newspapers. Not even fans were buying the circular excuses.
Then Pryor showed up at the Sugar Bowl and proceeded to cast doubt on the promise supposedly made by the suspended players that they’d return for next season (a supposed condition on their bowl eligibility). Later he appeared to hack at Ohio State’s claim the players didn’t know the rules in the first place.
“I already knew what I shouldn’t have done back two years ago,” he said.
PART 4
He even responded to criticism by former Buckeye quarterback and current ESPN analyst Kirk Herbstreit by mocking, “Has he beat Michigan?” (OSU went 0-4-1 against UM during Herbstreit’s career). The positive for enraged Buckeye fans: Pryor may sell the gold pants given to him for beating Michigan, but he obviously does consider it a measuring stick.
--------------------------------------------------------------------------------
Just as things were quieting down, the Dispatch reported on Jan. 2 that Pryor had been pulled over by police three times in the last three years driving “loaner” cars from a local used car dealer, Auto Direct. Pryor told the paper he only borrowed the cars when his own car (currently a Dodge Charger) was in the shop with repairs.
Ohio State said it was aware of two of the incidents and would look into the third. If we’re led to believe the borrowing of cars were again isolated incidents, then Pryor has some bad luck with local cops. He seemingly gets pulled over every time he receives a nice loaner. Either that or he drives them all the time, of course.
The car dealer did tell the newspaper that he also allowed Pryor, in 2008, to drive a Dodge SUV back to Pryor’s home in Pennsylvania. “I wanted advice from some of my family and friends I trusted to see if it would be a good vehicle for me to maybe buy,” Pryor said.
Unsupervised, out-of-state test drivers of used cars are common practice, correct?
Oops.
Pryor didn’t buy the car, of course. Ohio State, quite naturally, declared everything on the up and up. How? Well, they just did. This wasn’t a violation of NCAA rules.
It is apparently just a coincidence that the dealership, according to the Dispatch, has more than two dozen autographed Buckeye jerseys on display, including ones from Pryor and a couple of the other “suspended” players. Or that there are player autographs all over the walls of the showroom.
It’s also just a coincidence that the used car loaner system Pryor enjoyed is eerily similar to the one former Buckeye Maurice Clarett detailed to ESPN the Magazine back in 2004. “When you’re hot in Columbus, you just go,” Clarett told the Magazine. “Somebody’s going to recognize your face. You say, ‘I need to use a car.’ ‘OK, here you go.’”
Yep, here you go.
PART 5
While Pryor has received most of the criticism, you can only blame him so much for either breaking or putting himself in danger of breaking NCAA rules that the very administrators he earns huge salaries appear to care little about. A rule is only as strong as the consequences and from his school, to his conference, to his bowl game, to the NCAA itself, there’s no lack of positioning to avoid real penalties.
If the adults don’t take the rules seriously, why should the players?
At this point, Pryor is set to play Tuesday but miss nearly half of next season. (Ohio State is appealing, of course). Meanwhile the entire absurdity of his situation churns on. The school wants its star player on the field. The bowl wants its money. ESPN wants its TV rating. The league wants a victory over the SEC.
Perhaps only Gordon Gee, Jim Delany a few assorted BCS reps believe Terrelle Pryor is an actual eligible student-athlete at this point. At least if you applied the NCAA rules as they previously had been enforced for decades.
Everyone else is expected to play pretend, ignore the man behind the curtain and eagerly await the next chapter of the Terrelle “The Truth” Pryor Show. First he gets to run and throw, then, hopefully, he gets to keep talking.
We’ll gladly loan him our car all next season if he’ll stick around and continue exposing this charade. Let the unwitting whistle-blower play on and on and on.
Could this be the reason behind the PM death blows: http://tinyurl.com/3y6rydc CFTC's Position Limit Plan Is Now A Go
Bart is back on board.
Yep...
THAT is how you get labeled a "thug" (by CV)...
Oh - and it doesn't help either when you put black tape under your eyes during ballgames that say "MIKE VICK"...
That just tells me that you're a THUG who is a DOG KILLER in waiting...
CV
He may be but his cluelessness is exposing the BS.
@Ra,
We got a new deck last year.
ben22
That must be one helluva deck :-)
lol.
It's a bitch when you have to pass and can't use your run game.
Damn. OSU beating Arkansas "thug" style.
Arkansas brought a few sawed offs to the party I see.
CV, maybe you hurt his feelings (tho I doubt it..)
wish someone (other than LB) would sext me when you all are being so prolific.. hard to catch up!
AR, your credit cane is reminding me more and more of the black smoke in LOST (which, to my amazement, I never did finish! they actually LOST me.)
Give me another Deadwood or Rome.. can't wait to see True Grit! Alas, no one to take me, perhaps I can download soon.. Or go to the big screen alone.
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