IT STARTED ON WALL ST.

PREVIOUSLY on capitulation day

MMMMMMMMMMMMMMMMMMMMMMMMM...................................................................

whahoppen? wattat ssahn?

sayin stop! hey..whats that sound? evvabody look whats goin down.....STOP! hey whats that sou...

itta DORKPRIZE innit.... enjin stopped...that the sahnd o silence man!

clouds hang over world stock markets and the ticking grows ever louder in the still silence...the countdown has begun and soon the alien HEDGE FUNDS will, in unison, start to attack the last surviving banks and financial stocks....

in NEW YORK the aliens are eatin skyscrapers an wall st. will nevva look a same agin....

DAY 2......PRESIDENT paulson has taken command of the United Flakes Dorkship... Turnerprize.... joined forces with the OLD EMPIRES and fired off a simultaneous $multi-billion mega liquidty torpedo.

President Paulson has also put out halucinogenic NEW IDEAS to thwart and destroy the alien HEDGE FUNDS before their relentless short attacks can liquidate WALL ST.

SUCKERS RALLY?

Markets have rallied by A LOT! on news of the emasculation of the SHORT SELLERS who have been stuck together by a Lepage glue gun fired from the Turnerprize by theWATCHER'S men.

The large bald dude inna toga takes action at last! the market, FIXED IN TIME FOR THE ELECTION, has FORGOTTEN the alleged recession and the fact that the workin stiffs is skint!

It is as if THE WIZARD OF OZ has waved his wand and all is now perfect inna perfec world!

WAIT A MO...WATSISS?

bazza's pal : " The bear raids on the banks and brokers were NOT a case of piling on by US based hedge funds. And from what he was seeing and hearing about in terms of order flow, the vast majority of the financial short selling the past week or so were being done overseas. It appears that the lion's share of shorting was coming out of overseas bourses such as London and Dubai.It may not be a coincidence that the financial short selling ban is both here and in London...

...Then there is another coincidence: The huge increase in shorting of the financials occurred on the anniversary of 9/11. And on top of that, the same institutions attacked on 9/11/01 were the ones suffering in recent days."

onna nother note...

bazza...The grand irony of all this is that Naked Shorting has been very profitable for the big broker dealers, like Morgan And Goldman and Merrill and Lehman. They have looked the other way for years, and the SEC has been AWOL on this issue.

Short sales require a locate (shares to borrow) and then a subsequent delivery. It should take less than 3 days to deliver the borrowed shares, but instead, delivery is often delayed indefinitely. Failure to deliver leads to a margin charge, which can be as high as 9-15%.

If you want to know who to blame for the past 5 years of naked shorting, you only have two places to look: The Financial brokers themselves, and the non-feasance of a feckless SEC." The Big Picture

to be continued...