The Markets Disappointed Those Waiting for Year End Melt Up Into Giving Up... Then It Blind Sided Those Who Gave Up..... DAMN!!!!!!!! 

“There is a cult of ignorance in the United States, and there always has been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that “my ignorance is just as good as your knowledge.”

- Isaac Asimov


Chartz And Table Zup @ www.joefacer.com



One of the smokin'est shows I ever saw was Jimmy Witherspoon with the Hollywood Fats Band at the Boardinghouse... It was pre 'spoon's cancer and before Fat's went the way of way to many great musicians. Here's a glimpse....
http://www.youtube.com/watch?v=Nlzk10Cq85o
http://www.youtube.com/watch?v=jzHZqEsz ... re=related
http://www.youtube.com/watch?v=9Be0goMg ... ubgjKvfyvA
http://www.youtube.com/watch?v=G9H3my1T ... re=related
http://www.youtube.com/watch?v=V5GX9f8J ... re=related

http://www.youtube.com/watch?v=ST2-28u3 ... re=related
http://www.youtube.com/watch?v=Fbhhz6KR ... re=related

I've got ragged old tapes of The Hollywood Fats Band and the James Cotton Band at the Monterey Jazz Festival's Saturday Afternoon Blues show that is one of the top blues shows of my life...













As per last week, Sunday night I'd determined to gradually find my way to the sidelines on any kind of bounce, or bail all at once at signs of going off a cliff. Sunday night news of Central Banks actions to prevent a European bank melt down put me into neutral about 2/3rd long. Not half shabby.



I'm not all the way well, but I'm feeling better..... Having a buy out up 30% in a position in my trading account helped too...


http://www.thereformedbroker.com/2011/1 ... dividuals/
http://www.thereformedbroker.com/2011/1 ... ut-europe/
http://www.ritholtz.com/blog/2011/12/ry ... ft-behind/





http://www.ritholtz.com/blog/2011/12/ro ... mp-change/
http://www.thereformedbroker.com/2011/1 ... g-average/
http://www.ritholtz.com/blog/2011/11/ri ... citi-deal/
http://247wallst.com/2011/12/04/detroit ... aken-over/


Monday Eve...
http://bottomline.msnbc.msn.com/_news/2 ... -obstacles
http://www.msnbc.msn.com/id/45558165/ns ... t1_xbIk67s



Thurs Eve...

http://bottomline.msnbc.msn.com/_news/2 ... ert-crisis



Stay tooned.



















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