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starbucks4ever (97.66)

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September 13, 2010 – Comments (14)

"My wife is a woman who's got an incredible talent, and everybody who knows her admits it. She would be richer still if she weren't a mayor's wife".

Yury Luzhkov, a fat, poor, and honest mayor of Moscow who has always lived on his modest official salary and whose wife accidentally became a billionaire doing construction projects for the city.    

14 Comments – Post Your Own

#1) On September 14, 2010 at 8:31 AM, lemoneater (81.83) wrote:

Well, at least the couple will have something to live on if the mayor ever loses his position. It is too bad his career kept his wife back, but that's the way it goes.

By the way, how did the plan to reduce snow over Moscow last winter pan out?

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#2) On September 14, 2010 at 11:45 AM, outoffocus (22.84) wrote:

and whose wife accidentally became a billionaire doing construction projects for the city

Am I sensing some sarcasm here?

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#3) On September 14, 2010 at 12:39 PM, starbucks4ever (97.66) wrote:

I didn't follow the snow story to the end, but from anecdotal evidence, this winter was marked by heavy snowstorms in Moscow. It snowed more than the average :)

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#4) On September 14, 2010 at 12:54 PM, IIcx (< 20) wrote:

zloj,

I noticed your SPX 1200 call the other day and it got me thinking about the wall of worry that got us here for the retest of 1030.

For the life of me, I can't seem to find a reason the markets should not retest SPX 1200 other than this comment http://www.cnbc.com/id/39170207 yet the USD is falling like a rock today.

If your inclined to share I'm all ears.

Best, IIcx

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#5) On September 14, 2010 at 12:55 PM, IIcx (< 20) wrote:

lol -- s/b SPX 1130

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#6) On September 14, 2010 at 1:05 PM, starbucks4ever (97.66) wrote:

llcx, 

I don't exclude it, but I think it rather unlikely. We may actually never see 1030 again.

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#7) On September 14, 2010 at 1:16 PM, lemoneater (81.83) wrote:

@ 3# I guess the snow abatement plan didn't meet with success. Or else the taxpayers dollars were used elsewhere-- perhaps for construction projects by Mrs. Luzhkov?

 

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#8) On September 14, 2010 at 1:26 PM, IIcx (< 20) wrote:

"We may actually never see 1030 again."

Curious moment in the markets, it could go in either direction but I like the Mayor's wife idea for the up move.

- wednesday before a quad witch is typically wild but my guess is the puts are about to get creamed

- fund managers need to get in and out for a profit to the end of the year

- dumping the Democrats from gov. will trigger a rally -- "the people" finally get the last word with a power crazed Congress that had the opportunity to do it right and did everything wrong

I could go on for hours, but the market logic so far has been to ride the Bear to new highs. Could turn into another Bear trap but 7-8 straight up sessions is pretty pie in the sky.

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#9) On September 14, 2010 at 1:28 PM, starbucks4ever (97.66) wrote:

#7,

Believe it or not, the old man Baturin (as Muscovites call him, after his wife's last name) is not the worst mayor. He's been able to combine theft with useful work for the city. We have many mayors who are much worse.

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#10) On September 14, 2010 at 1:31 PM, starbucks4ever (97.66) wrote:

#8,

Yes, this is how i see it. These winning streaks usually last longer than people expect. If it lasted for 7 sessions, it could well last another 7.  

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#11) On September 14, 2010 at 1:38 PM, IIcx (< 20) wrote:

#10

Interesting and I have to agree, if we break and stay above SPX 1035, we're likely in for 4 straight up weeks.

End of the year adjustments seem to be happening early this year. 

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#12) On September 14, 2010 at 1:39 PM, IIcx (< 20) wrote:

lol -- sorry did it again, s/b if we break and stay above SPX 1135

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#13) On September 16, 2010 at 12:36 PM, Melaschasm (57.38) wrote:

Believe it or not, the old man Baturin (as Muscovites call him, after his wife's last name) is not the worst mayor. He's been able to combine theft with useful work for the city. We have many mayors who are much worse.

So does the USA.

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#14) On October 03, 2010 at 6:52 PM, starbucks4ever (97.66) wrote:

P.S. Now that he was finally sacked, she is no longer a mayor's wife, so let us see if she is able to become still richer. Unless she marries Putin, I wouldn't give it much of a chance :)

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