10.14.2009 (WALL STREET) Unless you’ve been living in a cave you would’ve seen the goddamn good news that the Dow Jones closed over 10k today. That’s 10,000 for the index and huge monkey off my big hairy back. I’m not sure if things are gonna hold this week, frankly with the horseshit I’ve dealt with in the last year couldn’t care less. I see things long term, quarter to quarters or season to season as it were. I’m a long term, up and to the right type of being. So spread the word across the gullies, kettles, and moraines. The Dow is roaring back and us bears couldn’t be happier – less bullshit if you catch my drift. Hopefully is snows this week, could be a leading indicator of rising markets, should be – or it’s Polar bear’s ass. Good night people.

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I’ve been hibernating and regained consciousness, what do i wake to? A f*cking shitstorm, and guess what? We’re are all invited. GLOBAL? This is GLOBAL? The Nikkei is up 96 points right now and no one cares? Jesus, what time is it? I’ll have to get my claws around this one… give me a few days. I’ll be damned if this crap went down. I had a hedge against honey futures this year and planned to go WAY short – looks like the sh*t hit the fern this time and I’m WAY outta luck, not like this Madoff fellow – I bet that human is getting more bears than he can shake a stick at. Serves him right… for getting caught.

I haven’t had the hide to speak about the market lately, it’s a bloody mess and picked the right month to do it. Did you hear about Zero the polar bear trapped in his moat in Milwaukee? That’s how I feel… crushed under the weight of all this financial stress. It hasn’t been a fun ride and a real slippery slope.. but what do us bears do when we fall down? We get back up again. And Roooaaarrr!

Dow	8,990.96	-74.16	-0.82%
Nasdaq	1,657.21	+7.74	+0.47%
S&P 500	930.09	-10.42	-1.11%
10 Yr Bond(%)	3.87%	+0.05

bear

(Fairbanks, Alaska) Today was a mixed bag. On one paw I’m elated that an Alaskan has been recognized for a lengthy career in animal rights and environmentalism; then on the other paw – I’m sick with grief over the markets dropping before a holiday weekend. What gives America? Not only is the GOP selection of Sarah Palin good for mammals, it’s good for predators like us bears! I hope that we can wake up from the endemic hibertaion and bear hug someone with a killer instinct like Palin, if only Michael Dell had those kind of balls these days I would be trading short. At any rate, enjoy your holiday – you work hard all year to reap the one vacation, called labor day, then it’s back to work for the hurd, pack, hive, or whatever clan you want to identify with, GOP or otherwise.

• US
• EUROPE
• ASIA

Dow	11,543.55	-171.63	-1.47%
Nasdaq	2,367.52	-44.12	-1.83%
S&P 500	1,282.82	-17.86	-1.37%
10 Yr Bond(%)	3.8130%	+0.0180

As thick as honey and as dark and cave puddles. Light Sweet continues to intrigue me. What does it taste like? How can we refine it, where are these factories? Can we make more.

 Oil prices plummeted Tuesday, down as much as $9.26 a barrel, as investors feared a further decline in U.S. demand after hearing comments from Federal Reserve Chairman Ben Bernanke.

Light, sweet crude fell $7.37 to $137.81 a barrel in electronic trading on the New York Mercantile Exchange. Earlier, prices dipped as low as $135.92, nearly $11 below the day’s high.

So suck on that Wall Street.