The Unsinkable brian cork™

Brian Patrick Cork is living the Authentic Life

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Last week the Dow Jones Industrial Average (“DOW”) plummeted close to 1000 points, and only began to right itself as the closing bell sounded. This represents the single most volatile trading day in market history. Just in case you forgot about this already; or, possibly failed to care – here is a link to the story: Link To Ridiculous Story – and another for good measure: Link To Another Ridiculous Story Discussing The Hapless Trader, however, this is my favorite: A mysterious day jolts Wall Street watchers.

The stock photo images of grim-faced and distraught traders on the floor and news reporters are priceless.

Several theories abound as to why, or how, such a thing could happen. Foremost amongst those rabid speculations was a story that some (rogue) trader inadvertently placed a coma in the wrong numerical sequence and initiated a enormous sale order that sent the automated systems into a tail-spin. That means something akin to: “he accidentally pushed the wrong button”.  Mind you, this (the event; I very am skeptical about the button) stopped the recent global enthusiasm and the markets upward trending, dead-in-it’s tracks. Markets around the world pulled back – generally stating concerns over what’s happening in Greece… for good measure…

The Greece “thing” has some merit. And, I’ll discuss that later this week.

In any event, that (all the rest of it) is likely nonsense (the theory, not the loss of enthusiasm; or, what’s not happening in Greece).

Today, markets are a bit more bullish, as is the DOW. I can prove this information by having you simply view this link:  The Dow on May 10, 2010. I’m quite clever with such things.

Okay… So, what has really occurred is: analysts and traders (think Goldman Sachs needing to “war chest” funds to cover their pending indictment) decided that by pulling off a well-orchestrated scheme stunt (also, and often, referred to, derisively, as: “shenanigans”), they could drop the market and take out a bunch of unsuspecting citizens. They probably shorted key stocks under index. They then picked their bottom-number and started taking buy-side positions in the same stocks knowing they would be bought up by day-traders (a most-excellent example of the sophomoric, if ever there was one) that thought they were buying into an upwardly trending market. So, having hedged their bet, they made big money going both ways at the expense of a lot of people reading this post.


In the weeks to come you’ll read how the Securities and Exchange Commission (SEC) and Obama will call for some vague investigation. But, nothing will come of it.

Peace be to my Brothers and Sisters.

Brian Patrick Cork

!nalp tahW


So…  Every body else has it backwards.

The American people (and, possibly, thus global citizenry) some how believe President Barack Obama, his Cabinet and the House and Senate can set the United States economy aright with “programs” that people will abide by with “group think” relief.

What this really means is people believe the Stock Market will throttle-up into over-drive, and we can start printing money again.


At least not for the next six or seven months.

Most pundits also believed the DOW’s  “floor” was 7200 because that was where institutional players were told support (algorithmic formulas designed to intercede with World Bank and other reserves) for key stocks would kick-in.

But, few understood that the institutions themselves have lost faith in the system.

I believe what many people instinctively know; but, don’t necessarily acknowledge, is that the Stock Market is based on insider information and deal-making.

They had (or have) a plan.

Analysts and pundits decide which stocks will perform and how they will perform (remember when Apple was dropping like a stone on mortgage industry news?). Look at how many tech stocks traded way beyond generally accepted valuations. Many stocks were more often than not sustained by both hype and the very will of the American people, whom, let’s be real clear about this – cannot tolerate any thing other than progress. These inside “decision-makers” count on citizens (and, maybe pensions) to support their sandbox strategies.

But, almost over night, the citizens lost their ability to, unwittingly, support the insiders. Many did not sell-off (as the institutions did) because market-makers, analysts and other institutional types were telling them to sit tight and ride out the storm (to buy time for guys they went to school with to get out instead). The citizens also lost their nerve, cash reserves, and home equity at, precisely, the wrong time.

Then, when a stock did make a run north, the A.D.D. addled day-traders got involved and squirreled the markets. NOTE: Short selling was designed to enable asset-rich insiders to take advantage of citizens. But, without even the ability to cheat (albeit it with delicious irony), the system broke down – and, the institutional side lost it’s nerve.

Now you have both sides waiting for the other to make the first move.  And, as poor corporate forecasts continue to flood the news, stock valuations continue to drop. Analysts know that companies have been over-valued for a long time. They also fear the day traders that are lurking out there unchecked. And, there are no patsy citizens standing by with money they don’t really have to shore up over-hyped stocks.

The DOW could easily hit 4500.

The question: Could that be it’s actual value (for now)?

That is not necessarily bad news. Especially if you have resources or a good business poised to take advantage of reduced competition. There is loads to recommend that.

Laws of natural Selection prevail. Companies with lousy products, services and leadership are dying off. There is loads to recommend that as well.

About a week ago, President Barack Obama actually said it was a great time to buy stocks. However, nobody really listened, and the market ended on a seven year low.

So much for executive orders – eh?

Was this based on insider information? Or, does President Obama really think he can invoke some manner of stimulus by a simple force of will?

In any event… Getting back to my thoughts around Natural Selection – there is some good news.

On my Business Blog – The Human Capital Blog, I touted a story recently run in The Wall Street Journal around letting poorly run large companies with questionable products and services die-off. The writer posited that this might be a new era for true entrepreneurs with clear thinking around new, vital and innovative products that will create new opportunities and wealth along a more (American) pioneering spirit. There is tons to recommend that.

I have a hunch 2009 is going to be awful for A LOT of people. But, I also feel that it will be great for those that can can convert on good opportunities. So, I think I share many “insiders” views that 2010 will be very good for the United States economy.

I wonder if this has been “the plan” all along?

Evolution or Revolution?

Let’s listen to some Linkin Park and “In The End”.


But, also, “Society” by Eddie Vedder.

Peace be to my Brothers and Sisters.

Brian Patrick Cork

News Flash



A headline from yesterday: “Dow plunges on news recession began in Dec. 2007”


Where was Bernarke a year ago?  What was Paulson thinking about? What happened to all of those financial pundits?

Oh… now I remember… They were touting stocks to include mortgage companies and banks (many of which no longer exist).

Meanwhile…  Lets stop and carefully consider the following tidbits of ironic information derived from related news articles…

“The National Bureau of Economic Research, a group of academic economists, concluded Monday that the country has been suffering through a recession since December 2007.”

But, this really got my attention:

“The bracing impact of the Fed’s aggressive rate reductions, however, has been somewhat stymied by the credit and financial crises, Bernanke said. Despite lower borrowing costs, skittish banks have been reluctant to lend money to people and businesses, a vicious cycle that has seriously hobbled the U.S. economy.”

Isn’t this why we lent billions to the banks – so they can make loans to stimulate the economy?

Instead, the banks are apparently hoarding cash and/ or using the money to (I can’t breathe) acquire the assets of other banks.

Was all of this a scam in order to facilitate the United States finally building a world bank candidate?

More later.

Peace be to my Brothers and Sisters.

Brian Patrick Cork

What’s All This About?

"What am I looking at?", you might wonder.

Lots of stuff.

Meanwhile, here, I discuss events, people and things in our world - and, my (hardly simplistic, albeit inarticulate) views around them.

You'll also learn things about, well, things, like people you need to know about, and information about companies you can't find anywhere else.

So, while I harangue the public in my not so gentle way, you will discover that I am fascinated by all things arcane, curious about those whom appear religious, love music, dabble in politics, loathe the media, value education, still think I am an athlete, and might offer a recipe.

All the while, striving mightily, and daily, to remain a prudent and optimistic gentleman - and, authentic.

brian cork by John Campbell

photos by John Campbell


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