I am having my revenge today.
Quickly, I identified my “wrongness” and sold out half of my [[FMCN]] position. Then, I took the liberty to place my balls on the banks dull blade, via shorting [[TCB]], [[MI]] and [[LEH]].
Then, I bought a plethora of [[SRS]], [[SKF]] and [[REW]].
Finally, I sat back and witnessed my brilliance, in real time, as [[CLNE]] went green and everything else red.
The steel stocks are being clown raped, with monster losses in [[MTL]], [[ATI]] and [[ZEUS]].
The stupid casino stocks are collapsing, with egregious losses in [[MGM]], [[LVS]] and [[WYNN]].
The good feelings of yesterday have magically morphed into desperation and melancholy. I do not need the luxury of a time machine to know Cramer is an asshat for suggesting [[GE]] is a buy, thanks to its financial exposure.
Listen up bucko: GE moves higher when the economy gets better. Plain and simple.
In closing, I want all of you to know, “The Fly” has reinstated the “Reverse Five Horsemen” of banking displeasure. [[FED]], [[FHN]], [[DSL]], [[PACW]] and [[CORS]] are all in the line of fire, yet again.
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LVS is a gift from Shorticus right here, with the accompanying Sheryl Crowe hit playing (unplugged) in the background.
If it gets back to $48.20, go down to the bank and retrieve grandma’s IRA from its “air tight no risk 1% interest account ” and short the living shit out of it.
She’s only going to waste that shit on the one armed banditos down in AC anyway, right? Get her some house money first, make sure that nursing home is paid, brofis.
_______
careful Jake, WYNN reports afterhours I think.
CNBC has breaking news: Financial Stocks Among Worst Performers.
Brilliant.
I’m buying some BG. Ag takes it arrears and BG is up on good earnings, significantly raised guidance, all with a plethora of shorts wondering why it won’t sink.
I’m also starting some PBR & SU. Because they must have hit some fib level. :]
Once again Mr Fly is truly godly!
I put a limit short sell on LVS premarket. Just tried to short some at market a short while ago. No borrow. So I changed my premarket limit ss & that one stands. Go figure.
Thanks Caje, I’ll watch the action… Looks doggish, tho.
__
WaMu is in a world of hurt here…are they going BK?
What about VLY?
Gap:
I covered VLY, back in the days when I was a pussy.
Now that I’ve regained my balls, I shorted TCB, MI and LEH.
That shit I wrote about system trading being hard? Nah…it ain’t so hard…lol
Now you need some Horns to go with those Balls.
Adam and Eve bottom?
These market manipulators try to shake me out of my CHK and UNG by diving through the 200 day. Please…I know that trick too, fuckers.
VLY to $18 tomorrow. And PCX to $120, to $115, to $130, to $122, in that order..
This is a pullback to be buying into not selling. I did sell half of my SKF positions north of $129. Sold some SRS too. Will look to buy some UYG SSO DDM QLD. Dow is likely to pullback to 11400 or 11200. Then we should head north for a test of 11750 maybe higher. I expect we top out at 12100-12200 early September. Then down to 10000.
If you are one of the homos selling HK you need to ask more. Much more. Asshole.
Fly doesn’t VLY have a better risk/reward at the moment?
An abrupt reversal up from here will be enough to frustrate the shorts and blow them out.
S & P 1300 should just about do it.
Tom Brown’s new article in Seeking Alpha directly addresses my comments from his last article calling the bottom in financials (In which I direcly linked/pimped IBC). I referenced Senor Tropicana again in my latest reply.
http://seekingalpha.com/article/86784-news-flash-major-market-turns-aren-t-announced-in-advance#comment-213628
If it keeps on rainin’ the levee’s gonna break. When the levee breaks, you’ll have no place to stay. -LZ
SPX 1260 was sort of a b/o level. Will taxpayer money come in to save the day? or will they break & flush before our tax $’s come in?
developing …
Where the fuck is Chivas when I need him?
You got to love the FLY. He is a great trader with golden balls!!!
Cleophus, what the fuck are you doing here? Last I knew you were pulling the brass out of Hotel W headboards??
Minute Maid.. my thesis is the same. these assboys had three tricks to pull before they get stricken. the bnp bailout 1/19.. the bear bailout 3/17.. the fannie bailout 7/17.
GG trying to bottom. I’m going in.
Lex Luthor just called in to Masaharu Homma for an emergency injection.. usd/jpy pops on schedule.
listen here shitsticks, cover HRB immediately
JNPR, TRMB and FLEX all after the bell today. I like them all and grabbed calls in all of them 🙁
Oil will shoot up in August and the S&P 500 will crash to 800 before years-end.
The roof, the roof, the roof is on fire…we don’t need no water let the motherfucker burn…burn motherfucker burn
http://www.forbes.com/finance/2008/07/22/terex-seagate-oil-pf-etf-in_tt_0722trimtabs_inl.html
MER getting crush-ed.
You little prick bloggers are pissing me off! You are out of control. Time to educate the public about the real danger to our banking system–all of the peddlers of misinformation in the blogonets.
We will be coming for you, “The Fly”, if that is your real name. Or “Tropicana”, or “Fucktard”, however you like it. Prepare for 30 in Leavenworth, bitch.
Mmmmmm…Think JPM might step in and buy LEH for an insulting $2 a share? Attica and SAC Capital still clients for now.
At the beginning of the year a stockholder of JPM would have been thrilled if they were told they BSC and LEH would be taken over for rock bottom prices.
Liar’s Poker…what a great game we play in the markets.
This is a 1-day TECHNICAL CORRECTION in an
intermediate-term uptrend which should take us to above 12,000 DJI in early August.
Technical corrections are severe and sharp, usually one day, and they suck always-wrong guys like Fly and Jake Gint to position wrongly.
Buy F C TIE TSO here.
lets close the market 5 mins early this shit sucks.
SATC up 10% huh… go figure
Too late Dodger, my Yankees win again.
So Solly.
________
Dodger,
Looks like your portfolio just underwent a TECHNICAL CORRECTION.
Zinger!!!
PS: Go hump a goat. Or a sheep. Whatever. We are diverse here at iBC.
Awesome day Fly. Congrats! I loved watching SRS, SKF, and SDP rise, while ANF, XEC and CEG fell. Got stopped out of DDM with a 6% gain, too. Loving life. The bulls are now scratching their bald heads and wondering how much of their hides are going to be tanned, while shorts are piling on again. The supply demand balance appears to have shifted back toward reality again.
f
Yeah. The Fly posts all his shorts at 2PM –
when any FOOL could show a “profit” by claiming
he shorted earlier. And you sheep BUY the BS.
Rename this blog “Gullible’s Travels”.
Hey fucker:
I’ve been posting my trades here everyday for two years.
People know my track record. I do not day trade, fuckface.
Now fuck off.
For this one time, I am going to tell you the fucking future, S&P 500 will go south, 1170 aproxx, And this bottom will be called the GM bottom.