02.06.08
“Blue horseshoe likes…..”
Vapornews.
Here I am, after another long day at the office and low and behold the rumor machine is running wild again. Tonight the Titanic is attempting to merge with the Lusitania according to Bubblevision, er, I mean Delta and Northwest and if that wasn’t good enough, UAL and Continental are now “serous”. I’m glad these are “serious” talks because all four of the airlines suck and a merger then rapid Chapter 7 would be merciful on the flying public and then maybe, just maybe we could find all that luggage they’ve stolen.
So why do I title this “Blue Horseshoe” etc.? Just recall that wonderful piece of cinema titled Wall Street and think back to the gossip call involving Gecko’s lacky Bud (played by Charlie Sheen). Well Bubblevision is that lacky. They are the useful idiot using their on air talent to vent vapornews so longs can cover and shorts can load up at the corporate level and burn the ignorant. It’s entertainment that costs the foolish money and helps the arbs make a buck on the stupid. The amazing thing is the SEC does, well, nothing about it. Never mind, that’s not so amazing. The entire market is rigged and unless you realize that, well, you’re better off investing in Teldar Paper or Blue Star Airlines.
This is not the time to be brave and if you listen to the wise, this market has a long way to go.
Down.
