Mar

30

Just a broken-down speculator, all down on his luck
He's been through the best of his P&L

On a long lonesome credit line and an old win x86
Crossed the market-makers before throwing his towel in the ring

He was all around speculator back in '99…from the top it's been a long way
down
Since the whiskey and women started winning his time
They rode him high and hard to the ground

But he remembers the thrill of being a winner in the days of his first Mad
Money shows
But there was something about winning that didn't last forever

Maybe tomorrow things will get better
if the margin clerk lets loose of his soul
he'll be the all around speculator again

So he rolls up a smoke and he sips his Old Crow
Wipes the whiskers that cover his chin
And he grins as he dreams of the old markets
Now he's the all around speculator again

—
And the original
—-
Just a broken down cowboy all down on his luck
He's been through the best of his friends

On a long lonesome highway in an old pickup truck
Crossed Texas like a hot dusty wind

He was all around cowboy back in '49
from the top it's been a long way down
Since the whiskey and ladies started winning his time
They rode him high and hard to the ground

But he remembers the thrill of being a winner
back in the days of his first rodeo
But there was something about winning that didn't last forever
Maybe tomorrow things will get better
if the devil lets loose of his soul
he'll be the all around cowboy again

So he rolls up a smoke and he sips his Old Crow
Wipes the whiskers that cover his old chin
And he grins as he dreams of the old rodeos…
now he's the all around cowboy again


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3 Comments so far

  1. Mark Johnson on March 31, 2010 9:29 am

    Being the retail that I am, I was surprised at this. I never watch CNBC, only Bloomberg. However I thought this guy was successful. I went to wiki and was surprised at what I found and then put the pieces together of what professionals must know about him. After reading this it would seem like he might be a hoodoo and certainly getting into a shouting match with the White House is worse than yelling at the ref.

  2. Nick White on April 1, 2010 1:34 am

    You’ve mistaken this piece for jjc.

    My reference to mad money was undirected. I simply meant that the “down on his luck” punter was recalling the days where he simply bought what was recommended on the show and made (what he thought) was easy money

    However, a more interesting study is why you projected this onto him in the first place!

  3. Mark Johnson on April 2, 2010 11:23 am

    Hi Nick. I apologize about missing that, and thank you for pointing it out to me. Being the retail that i am i peruse the yahoo message boards. While i would not listen to someone on tv pumping a stock, many do. When i read the wiki bio, i was a bit surprised that he was pumping wamu and bear stearns just days before they went down as an example pointed out. So i erroneously mistook you're posting when mad money was mentioned. Once again, thank you for correcting me and next time i should be a bit sharper before i post.
    Best regards friend.

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