A little humor (sort of): Sad Guys on Trading Floors

[Natalie]

I read The Big Picture, which bills itself as a "macro perspective on the capital markets, economy, geopolitics, technology and digital media". Good stuff

Yesterday, they posted this blog entry, which eventually points to the tumblr blog, Sad Guy on Trading Floors. I mean, the economy, the markets - it's all depressing, I know, but the pictures and captions on this blog are still funny.

Sad Guys on Trading Floors

Wednesday, October 08, 2008 | 12:15 PM
in Contrary Indicators | Psychology/Sentiment | Trading
As noted yesterday, we lowered our Dow target to 9,000. As we get closer to that, we start paying closer attention to contrary indicators.
Along those lines, a new tumblr blog, Sad Guys on Trading Floors, caught my eye.
Its funny and sad and poignant, but for our purposes, its a yet another in a list of contrary indicators that suggests things are getting overdone, and that sentiment is moving towards an extreme. A blog such as this could only be conceived of during times of extreme market stress.
As of today's lows, the Dow has given up 5,004 points (14,198 to 9,194).
Note that this is not a precise timing signal, but it is an interesting anecdotal sign worth watching . . .
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THE HORROR

I actually believed guy on St. Mark’s when he told me this was a limited edition iPhone.


I can’t add a caption to this that could possibly make it any more hilarious.
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Hat tip boingboing more photos after the jump . . .
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Source:
Sad Guys on Trading Floors
http://sadguysontradingfloors.tumblr.com/
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Wednesday, October 08, 2008 | 12:15 PM | Permalink | Comments (52) | TrackBack (0)
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[Kazadoodle]

You know, when we were in Chicago, the Tour Bus happened to stop right in front of the stock exchange and it had the electronic board showing what was what, so I grabbed my camera and took a photo. My husband asked what for and I said, it's a piece of history.

This was in July, the Aussie dollar was almost equal to the American dollar at the time, around 98 cents, today, it's 65 cents Devaluing our dollar was the worst thing that we ever did.

So sorry to be such a downer.

The pictures are great though