Fun in bad financial times

Yes, there are still people out there having fun – or at least be very ironic:

First, a quote from a trader at the NYSE:

This is what I call the ‘P. Diddy market’…You’d save money by doing the Diddy: renting a yacht, and sailing it full of party people, come back in a month or two, and you would have saved money.

Bob Pisani on CNBC

Second, new terms about the stock market:

BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.

STANDARD & POOR — Your life in a nutshell.

BROKER — What my broker has made me.

…(for more, please visit blog indicated)

Barry Ritholtz in his blog ‘the big picture’

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