I have been busy, over the past 72 hours, looking for new banks to sell short. [[WABC]] was on the top of my list; but that fucker is already swan diving. However, it’s worth noting, it is still richly valued.
Some other names that pop out are: [[HDB]], [[PCBC]], [[BXS]], [[HBHC]], [[ONB]], [[CVBF]], [[FTBK]], [[TCB]], [[AF]] and [[VLY]].
Regarding “The Five Reverse Horsemen” of agony and profits, I am retiring four of them. I am claiming victory, if I may be so bold.
[[CORS]], [[DSL]], [[FED]] and [[FHN]] are now retired. Enjoy life in Florida or some shit.The lone horseman is [[PACW]]. However, over the next week or so, I will add another 4 names—giving me a full cast of “horsemen.” Just like Saturday Night Live changes their cast of idiotic comedians, “The Fly” does too.
Look you, I don’t have time to teach you everything. I will give you some fucking shortcuts.
Don’t bottom fish dead institutions, like [[FRE]], [[FNM]] and [[LEH]].
Just-don’t-do-it.
“The Fly” knows all, while you’re just some asshole who reads the poetic scribblings of an internet genius,
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Don’t knock Sat. night live. Bill Murray will punch your mustache off.
GOOG is shower shitting.
Don’t encourage Bill WS, if the Fly gets his Mustahce punched off it will expose a certain tatoo on his upper lip. I leave it up to you to speculate what that might be…
Aren’t you worried that the bulls are going to claim victory that the VIX has spiked to 30’s and that a bottom is in? I know it’s stupid, but it’s happened twice already.
I have covered the majority of my shorts…just in case;
Is anybody day trading at 3:00pm? I am seeing a HUGE short covering coming, in the likes of LEH, FRE, FNM…
I believe the tattoo is of a small, red rose.
I’ll leave you to speculate why he chose such a tattoo.
Question to all: Banks are obviously fucked. Where should I hold my cash-money savings that are not in stocks?
Israel attacking Iran will be the top for oil and the bottom of the market. Guaranteed. Check out the bottom of the markets at the beginning of actual physical action of WWII, Cuban missile crisis, Gulf War I, etc. People will be frozen like a deer staring at the headlights. That will be the major buy.
KRE (bank etf) looks like a daytrade bottom here along with STI,HCBK.
AAPL -3%: that iPhone thingy not helping
That reminds me of the SNL tattoo skit:
http://gprime.net/video.php/tattooremover
Im a little worried now what will happen to the Fly’s tattoo under his mustache (the red rose)
WS, I can’t contemplate why such a complex individual would want a small red rose for a tattoo
Trader, I think that you’ll be right in the short term, but long term, this is the biggest fuckin’ coin toss that I don’t want to be on the wrong side of.
Mr. “The Fly,”
I have avoided SKF for lo these many down market days and dollars of upside thinking that P-P-Paulson and his little dead friend Bernie would do “something” to further prop up the ailing financials.
Despite some early stuttering and speechafying, this was obviously fucktardedly wrong.
Do you see any value in this ETF at this point, or have I “missed the pony?”
I’ll take my answer off the air and God bless America.
Does “anybody” notice how sassy “Woodshedder” has become now that he’s not committed to a daily “post?”
Somebody’s swaggering like he got himself a new slide rule.
Hope you’re “digging” the new “gig,” Wood, and making your employer “give up the long coin.”
Shorts need to be aware of the potential for a Charlie G. 3:30 Friday afternoon kick in the ass.