Fuck the Banks, part II!
Big reversal. The “Cramer Top” is in.
Get drunk;short stocks at will.
That is all.
[...] seems that Bernanke agrees with the Fly’s sentiments. The Fed is clearly trying to save the economy from recession, and hang everyone else. [...]
Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
| Strong Sell | 1062/3384 (31%) |
| Sell | 2161/3384 (64%) |
| Neutral | 2/3384 (0%) |
| Buy | 156/3384 (5%) |
| Strong Buy | 3/3384 (0%) |
carson (33 mins ago) ung, pcx, pcu, etrade, corning ,gme,C, FLY-is this a good combination going in to Q3 and Q4 I can think of many reason why each of these w [...]
CassiusKing (1 hour ago) The 7th largest economy , the state of Calif, is not issuing IOU's. Unemployment still straight lines down. Housing inventory straight [...]
eisensteisn (4 hours ago) For the record, I'll take MEMS against SXCI (4.17 vs 25.66, down 1.9% vs 3.3% on the day) [...]
eisensteisn (4 hours ago) Sounds like a challenge. Why don't you start posting comparative returns. And no loyes. [...]
dave (5 hours ago) Termites don't care if it's July 4th. [...]
Trader (14 mins ago) CA, what SMAs do you use for shorter time frames, such as 5min, 30min, 60 min? [...]
The Chart Addict (1 hour ago) If I missed any questions, it's cause I can't possibly keep up with everyone during the day. You have to repeat them, cause I'm not scrollin [...]
Ring (5 hours ago) Have fun...... [...]
Mike (7 hours ago) 100% cash only because I hate holding shorts over the weekend, especially long ones. If we were trading tomorrow I would be in waist deep. L [...]
The Chart Addict (7 hours ago) I don't know Hugo. I'm sticking with what I have. [...]
ZMoose12 (5 mins ago) Most Energy sector names were like XTO today... Even coal tickers were sucking wind =/ We'll see what the deal is on Monday. The new En [...]
stewie (2 hours ago) thanks for the shout out RC! Today's selloff was a good thing (from a trading perspective) to shake things up a bit. Things were getting ve [...]
Tilo (2 hours ago) thanks for your good work, Ragin! p.s. piqued my interest. [...]
MOOBER (4 hours ago) I'm looking for serious selling in BOOM over the next few weeks. [...]
CavemanForecaster (6 hours ago) I am happy as I went short crude via DTO yesterday but I do think energy is headed much lower in the next few weeks at least. [...]
ZMoose12 (7 mins ago) I'm in with you in JASO... Saw the same technical patterns you did I presume! [...]
Gio (8 hours ago) ... oh yeah, keep an eye on TPX patent case. Time for breakfast! [...]
Gio (8 hours ago) TPX taking a huge beating. I had this on high priority short too.. >_< ... I may have to play a daytrade short on this next week. [...]
Trade: NCTY, FRG +5.7%, DRYS +19% : Wave Trading with Gio (17 hours ago) [...] sold longs:Â FRG ( +5.7% long at 3.48 [...] [...]
Gio (1 day ago) I wish I was still there. Hawaii is such a tiny rock. [...]
Goin'Fawr (2 hours ago) RE: "DMG- Good 'un" Having a tough time making the 'w' sound with your mouth full of DMG, Mr.Gint? [...]
Goin'Fawr (2 hours ago) Mr. Thaler. Hehe, you call that an 'assault', you pedantic puff adder? I've seen better vitriol spewed from JakeGint, and that's saying some [...]
JakeGint (8 hours ago) Just Bot some AGQ as promised ... 1k with moth hands at $39.20. We are at the moment of inflection w. SLV... 200 day EMA at 13.19, strong [...]
Mr. Cain Thaler (11 hours ago) Although late to the table, I can't help but verbally assault this person, Goin'Fawr. In case you didn't notice, there were at least ten [...]
Jakegint (13 hours ago) SLV got as low as 13.15, currently on 200 day EMA @ $13.19 (see yesterday's chart). Sorry about all these meetings... will try to get a p [...]
Mr. Denninger is Incorrect : System Trading with Woodshedder (49 mins ago) [...] research into the matter of the Golden Cross and a falling 200 day simple moving average, go here, after you finish reading this post, [...]
Myth Busting: The Golden Cross and a Downtrending 200MA : System Trading with Woodshedder (2 hours ago) [...] the work of backtesting heavyweight MarketSci (not to mention my own work) which showed that it does not matter whether the 200dsma is [...]
Woodshedder (2 hours ago) CJ, I would be glad though to discuss other aspects of the Golden Cross, such as the 2 odd instances you have highlighted. I will wait th [...]
Woodshedder (2 hours ago) CJ, good to see you over here. The point is that Denninger made a blanket statement WHICH WAS COMPLETELY FALSE. You can throw all the red [...]
cjworkman (4 hours ago) Oh wait.. it's not a unique pattern.... Check out May 1930 on the DOW. If we cross back below the 200DMA ... it would be the ONLY other [...]
DPeezy (4 hours ago) Indeud. The dictionary. Not so much just a post...rather one of the faces on the Mt.-iBC-Rushmore. I'm particularly fond of the Java Mo [...]
Danny (9 hours ago) I think that my Dennis Kneale: Annoying TV Idiot post is the second best post I've ever made. First, of course, being the iBC dictionary [...]
Anton Cigur (20 hours ago) Thanks, Danny. These chart-explaining posts are helpful. [...]
RaginCajun (20 hours ago) ROFL, i think he is referring to one of your posts: http://www.my10000dollars.com/dennis-kneale-idiot/ [...]
gilly willard (1 day ago) he is a stupid idiot [...]
hamanyone (5 hours ago) Very thoughtful and well stated. Question, Is this a global confidence bubble or only one made and contained in the USA? This Canadian wants [...]
CavemanForecaster (7 hours ago) So is there an ETF or something so I can short this so called "consumer confidence"? :) [...]
JakeGint (1 day ago) Wood, I agree with your last comment, regarding expected value of small caps in a recessionary environment. I disagree with you uploading [...]
Woodshedder (3 days ago) Artha, it is very probably that some of these small cap value plays will be delisted and deleted. They simply will not survive this great re [...]
artha (3 days ago) doesn't this also imply that the efficient frontier is total bullshit ? why maximize risk/return if the high performers are in fact low ris [...]
CavemanForecaster (1 hour ago) DMG, I think I can handle that small request :) [...]
DMG (5 hours ago) Caveman - i like reading your stuff. Congrats. I do have one small request- In the future, can you refrain from saying 'danka'? If you [...]
JakeGint (8 hours ago) Yes, DPeez... she was "all natural" too... quite the rare bird. They make 'em all look like Raquel today, via the miracle of silicone. [...]
CavemanForecaster (8 hours ago) Thanks fellas for your support! dpz, Agreed, well before my time as well but when I found that pic, I just had to share! [...]
DPeezy (10 hours ago) KoPG...so easy, a caveman could do it! also...before my generation...but damn, Raquel Welch. They don't make 'em like that anymore... [...]
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SKF below par.
not for long,son.
any thoughts on CMG?
That’s right, fuck them.
big boy blast off fly wins again
Nice move Ambak MBIA….
Fly those 24’s are givin me a headache!
Funny how it took a Federal Reserve rate cut to finally make DECK go red today…
Fly, you must have the hots for this Meredith Whitney person. She’s a perfect match - vicious, brutal, calculating…
Hey Fly, meet me out back after the party. I need to give you a big hug in a “non-gay” way. Thanks for making me bearish
I’m there. SKF,SMN,SRS, and short LEH (thanks Fly)
Don’t play with me, I like Meredith.
Steve - that uncomfortable fullness you feel vaguely behind you - that’s my big srs tickling your liver after it broke down your back door. Fuck me?? No - fuck you!
update - I also want to nominate Bill Ackman for honorary Godfather. Anyone with that?
Yeeeeee Haaaaa!!!! That’s game!!!! I am heavy short WM @19.20 ang JPM @ 48.76.. Beee A Utiful! Fuck the FED!!!!!!!!!
Calvino I posted earlier that anything more than 25 and we sell off. Learn to read fuckwit. I’ll be buying the retest though, so fuck you.
if u think this reversal is bad: tomorrow the bulls dine in hell
Timber
Sierra, I shall make thy water bubble like the finest of Gaullian champagnes.
Your position on JPM is nothing short of … Olympian.
HUGE FUCKIN REVERSAL.
Sold all my QLD. Loaded up on QID SKF SRS . Next leg down starts now.
bulls got no problem tomorrow - emergency rate cut meeting on the way… must…save…the CDO market.
Rumor has it DECK went down after Bernanke was seen leaving the Fed meeting in his UGGs, causing instant global revulsion.
Now if I could only figure out why DRYS was up 9+% today.
and it’s true this is the best of all scenarios for bears - economic data not all bad, Fed cuts wildly, and stocks STILL go down. No long joy on that one.
bulls will be up tomorrow, it’s the fed day pattern - whatever the fed day finishes, the next day will be the opposite…oh and all of you are bearish - you know what that means
HELL YEAH. STAYED SHORT 8 NAMES TODAY.
Now I have to go home so I can find out if I made any money.
Steve, go see a proctologist.
Steve had urged before ‘Burn, shorties, burn.’
Allow me to retort by quoting Marty Mcfly. ‘Fuck you. I don’t think so.
a/w/p/a?
EXM is buying out QMAR…dry shippers in play.
Financing? Aye, there’s the rub.
DRYS might be a good short.
Damn. I must have put blanks in the gunship today…..
OMFG, this market is some sick as shit…
You think we’ll have blow out numbers in non-farm payroll? If we do, I see a 200+ upside. Anybody works at the labor department willing to provide us some “information”?
AMZN beat
SBUX beat
we go higher tomorrow methinks
It means thou art effed.
Hey fly, ya page rocks. Do bears shit in da forest hell yeah.
Today was all part of the “master plan”. Tomorrow, your neck will hurt from the whiplash. Ask Bilderberg.
This market blows fruit bats.
Warren,
You need to pay more extortion money to Helicopter Ben to get him to cut rates again before next months meeting.
Boomer, AMZN beat, great quarter and fantastic company - too bad their earning power sucks. sold in the aftermarket.
Sorry BOOM, the answer to my earlier question was NO, AMZN can’t say anything to please the street.
Find some more uber P/E stocks to look to hit before earnings.
Good job, you seem like less of a pathetic loser now.
I’m in a difficult situation. Confused. Why would anyone write this kind of material? What’s the point?