Many of you are slobs. I look at you (“The Fly” is watching all of you) and I think to myself: “wow, what a fucktard.” I mean, quit viewing my blog in your bullshit Aramani rip off, polyester suit. Go to your local tailor and spend a good 2g’s on a high quality thread count/100% wool suit.
You ought to be ashamed of yourself.
Keep in mind, this is a “high end” blog, where only the very wealthy or “rich” are invited. Should your net worth be under 1.1 million or your age above 47 1/2, you will be escorted off the site’s premises. So sorry, I keeps [sic] my standards.
With regards to the markets:
Who cares?
I have a long weekend ahead of me. The NYS Insurance asshats are trying to rig the system, bailing out the monolines. As a result, my [[SKF]] may not be able to reach $140, yet. Also, I’m not enjoying any spike, whatsoever, in [[VMI]]. As a matter of fact, it’s down a buck.
All in all, today is a rather opaque, yet gay, day.
I suppose things will “heat up,” later on. After all, who wants to be long stock, going into the weekend? Oooh, scary.
Top picks: [[SKF]], [[SRS]] and [[SMN]] If you enjoy the content at iBankCoin, please follow us on Twitter
Paul Stuart is a good start for those who would eschew the whole “Brioni thing” as too “borderline communist.”
I will be procuring an all-alpaca wardrobe. AA to the laymen.
Why is BSC up 4%?
SKF pisses me off. The problem with SKF as a proxy for financial mess is that its largest index components, BAC and JPM, are two of the better-off banks.
Fly reminds me of that gay corporal in “Saving Private Ryan”… When the bulls are charging head on…he’s in the corner…”Ohhh nooo! Bulls are taking over” When the bears are ripping the shit…”Hey mahh brother” next to a fellow bear.
All kidding aside, I think shorting financials via SKF, is an overdone trade and is soo a Jim Cramer move… If I were you, I would short specific stocks…like LEH especially if it breaks that $53 support, or possibly WAMU.
We can’t expect the banks to go to zero now, can we?
Fuck you Mike.
It doesn’t matter what you think.
BSC Bear Stearns running to HoD; takeover chatter is catalyst (80.77 +2.36)
Fucking my short, fucking BSC, that bank is insolvent, why does anyone want them??
Brooks Brothers Makers, Hart Schaffner, Hickey Freeman, Ralph Lauren Private.. if you want to dress like you are serious.
rumor. It is false.
I haven’t worn a suit and tie to “work” in nine plus years. Here I sit in shorts, a golf shirt, and two mismatched socks (one white the other I am not sure of). Two mismatched socks because it is casual Friday here in my office.
DRYS pulled back nicely, anyone going long here?
Presentation pdf here:
http://www.irwebpage.com/dryships/files/DRYS_4q07_Presentation.pdf
Buying BX- ave. price 16.58 for a daytrade.
Brooks Brothers has really fallen off the bus. I think it was the buyout that killed their quality.
Still have decent shoes however. But here’s a sign of the times… they don’t offer their “engine turned sterling silver” belt buckle anymore.
I mean, that shit was a “badge of fraternity” in the investment banking community when I started out, and now Brooks doesn’t even sell the fuckers anymore?
It’s a betrayal, I tell you.
Thanks Fly, loading up the short in that case.
update.. bid started sinking under me on that one.. gave them whatever they wanted anyway. think LEH and MS hitched a bit of a ride on that one as well.
CRM got the headline on ‘Seeking Alpha today..I have had words with that guy before, but he got this one right. that puts a damper on the pump and ump and false rumor bullshit.. i’m getting into that short day by day for their coming out party on 27.. Netsuite showed the way today.
update 2.. it is true with BB and many of the old timers skidaddled from the store, but their Makers suits are what they used to be. made well in the usa.
last fucking update: My own private skf _ MS, LEH, BSC.. GS pushing up to the list.
TC — careful. All of that deal debt is seizing up like an epileptic with photosensitive Tourette’s.
Jake -you are correct but I’m out already at 16.82. I will probably trade it another 4-6 times today and I’ll be out of it by the end of the day.
I’m still in my pj’s & sweats … slob enough for ya?
I used to wear Allen Edmonds shoes when I cared about such things. They were nice.
Now I shop at Goodwill. And I am not fucking with you. Good-fucking-will bitches. With the hobos….It’s rock and roll to look poor, but be rich.
…or, as my son calls them….”no-homes.”
Meanwhile, my RWI (Relative Wealth Index) increases at an ever increasing rate.
Consumerism sucks.
SKF and XLF both positive-a little something for everyone. It’s a Hillary Clinton world on Wall Street today.
…..regarding garb and the various ceremonial aspects to trading, as a lifelong baseball fan, superstitious to the max….if I am engaged in “serious trading”, I always get a fresh haircut and trade wearing either a red or green jockstrap…..often under scrub clothes…..
“bullshit Aramani rip off, polyester suit.”
Aramani ? Is that the brand that you wear Fly ? I know of a Georgio Armani but I wonder who this Aramani guy is ?
“under 1.1 million ” Specify which currency. Preferably the Euro or even better the Pound Sterling. $1.1 million doesn’t get you anywhere these days. Besides Rich atleast in my book begins at $20 million + . Anything less is middleclass.
Too much information from all y’all.
I guess we can certify “Fly was right.”
Jeezus, pj’s AND sweats??
Not even on Saturday am I that slobworthy.
“Aramani” is the Armenian knock off brand.
Available only at “Sy Symms.”
Strong resistance on BSC at 86 -87. I would definitely look to short it in that range.
Frankly, I think buyers of BSC will end up selling beef jerky from the back of a van, while robed in cheap, lime green polyester suits.
I wear red and green as well.
Your blog is very informative, I have learned so much from it. It is like daily newspaper :). Added to fav’s.