I bet you faggots were all worried and shit about some sort of apocalyptic crash today. You were sitting on your bullshit couch, watching your bullshit t.v., saying “OMG, I am afraid to even think about looking at the market tomorrow, it’s going to be a horror show.” While this may still turn out to be true, you have nothing to fear but fear itself, when it comes to the market.
The market is not a normal place to invest right now. There are so many hedge fund managers (I chuckle, not laugh, when I write this) going out of business, via prime brokerage seizures, it’s quite the midnight laugher. As for me, Mrs. Fly wants no part of this ‘idiotic stock market.’ She hates it. Actually, I think she thinks I am bullshitting when I say “Hey Hon, the market crashed again, what’s for dinner?”
As an aside, this morning I stepped in and bought a decent amount of [[UYG]] . Much to my chagrin, I’m already down. However, I am going to buy in increments. I will buy up to 300,000 shares. And, I will buy 100,000, mind you, on every point down. In other words, I do not think it will break $8. Hence, I am starting to buy here.
As for my other unhealthy/obsessive buys of National-Oilwell Varco, Inc. [[NOV]] and The Mosaic Company [[MOS]] , I cannot let them go. I will buy them, if I might be so bold, whenever the fuck I feel like it, quite frankly, as opposed to being entirely “unfrank” in this discussion.
In closing, quit being such a pussy, grab your balls, and start nibbling, like a small rat inside of a cave made from corn.
Top picks: [[TBT]] , National-Oilwell Varco, Inc. [[NOV]] , The Mosaic Company [[MOS]] , [[UYG]]
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As for me, Mrs. Fly wants no part of this ‘idiotic stock market.
That’s like Farmer Fly coming in from a hard day fighting the weevils and Maw saying —
I want no part of this idiotic crop o’ soybeans!
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FWIW, my wife is the same way.
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I take whatever Donny is buying today thanks. Donny where are ya ?
FWIW, my wife is the same way.
Mine isn’t. She checks the monthly statements to see what the capacity utilization’s like for the next round of mindless spending.
Oil to 40.
Not even close to fully invested, fyi.
Its a battle between Project Runway and Kudlow in my house.
People are looking at the price of oil, and the trend of it and going, damn, demand must be dropping like crazy, that means they must anticipate businesses going under, sell stocks, sell stocks.
While others are saying, Wow, look at stocks drop, global slow down, no growth or need for oil, businesses will probably go under soon, that means that oil will go down, sell oil futures, sell oil sell oil.
And then they see oil go down, so they sell stocks…
It’s a perpetual cycle.
Meanwhile, there’s Mr Panic, who’s selling it all.
Eventually, over time, one of these will have to break.
Fuck this market…..
Its sucks cock
A thousand points of light….
So beautiful.
No, wait!
Those are – knife points!!
It’s raining knives!!!
IT’S RAINING KNIVESOHMYGODAIEEEEEEEEEEEEEEE….
{thunk}
If you’re a nimble trader, however, DEE looks nice as the credit and commodities unwind.
You fuckers were looking for $200 oil about 60 days ago…
‘member
I heard $8 per gallon at the pump in July?
Where did that go?
Load up and buy UYG at $13 and ride it up …
The second rat gets the cheese. MY 2c
My head is sore from bumping into 9.50. I need a stepladder or some similar shit.
Short GOOG, it will be a nice earnings play today!
Gold is going to 650.
I ain’t buying UYG unless it bounces off $8 again, I’m already fucked on the shares I do own.
You should have shorted Boeing at 46 when I told you. It’s now at 40.50 and headed to 20. That strike will take off a half-point a day, two on down days.
MOS down to 31…
Another day another crash.
This is fucking fun.
Lets listen to more bullshit “average down” comments…. as S&P’s test 840 and Fly’s positions get shredded…
Every time Fly averages down, I will put an extra ellipsis in my comment.
Good luck FLY!!! a break of 8375 DOW on the close will very bad….I say take the market to zero then we can just start over…
Brass balls man!
the bull market in gold is still in tact.
I’m definitely grabbing my ball here. I want to remember what it feels like to have one. Heck, I remember when I had two, just a few days ago! Good times.
Bob Doll said today we’re in a bottoming process so long as the system doesn’t unravel.
That’s a first. I’ve never heard a serious market professional qualify their investment opinion on the system holding together.
Vix = 77.40!…Mad Max times indeed
bought 50k xlf
Bought ABX and BTU
So much blood…
I try to get up but the head of my penis is pinned hard to the floor…
By a knife!!!
The pain – excruciating!!
Worse than the perversion of my ideas by politbureaux the world over.
Oh God!!
I try to focus on the knife — and I read, on the handle, the symbol…
A-U-Y…
Oh! The agony!!
The head of my penis is skewered!!
So much blood….
Not even an ass napkin will staunch it…
Art Cashin is placing bids for the ES Futures at 690!
Fuck him!
VIX to 80.
Then to 100.
Does the VIX even mean anything any more?
The Donnymeister sold SMN DUG and SDS and they are all GREEN now. This is a BEAR market and you gotta go with the BEAR until you lose.
I have had diarrhea three fucking times already this am.
I HATE STOCKS!
I LOVE STOCKS!
I HATE STOCKS!
Gurgle. Gotta run.
http://www.ebaumsworld.com/video/watch/987304/
DIG is today’s tell. Where DIG goes so does the market.
Time for a nap. The market better not crash while I’m asleep. I’ll be dreaming of the days I was “whole”.
As long as bush, paulson & bernanke are in charge we are fucked. Surprised that I am hearing more about since obama has been leading in the polls the market has tanked and if he wins the election we will tank even further.
Did this Congresswoman really just say that Barney Frank was smart?
We are D O O M E D, man!
Its a battle between Project Runway and Kudlow in my house.
I try to stay away from the tube, but whilst on my laptop last night I heard some cursing about “Kenlee?”
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I am tho thmart, you naughty man!
Making a note here to adjust the pant size on my Christmas list for Fly and Chivas, they need “extra room in the front fly area”, ask saleslady if XXL tailoring is available.
I am all long in my BS brokerage account btw, making a Costanza trade against the omnipresent fear.
bought 15k dig
Okay, second Russell 2K gap filled at 491.50… at 489.50 right now, with only another 20 pts to revist the lows of last Friday.
Any time now fellahs… 😉
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We are testing the lows…AGAIN!
Barry had a forecast a while back of Dow 6,800…
UYG to .10
SKF to 500
buying NOV here on oil inventories
Fuck the stupid inventory number!!
Thinking about picking up some December-January RUT 660’s here…
On a gamble.
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Is it possible we see 100 more down on the S&P today?
‘Cause there’s your 2002 lows, right there.
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FLy said we keep going down until we don’t. we need an up day on bad news like I’m looking for on the stupid oil inventories.
eventually the markets go up on bad news and then we look back and say “maybe its factored in”
Then you have a bottom.
Don’t look for good news, look for failure to go lower on continued bad news
Herd mentality – todays global depression meme is just the flip side of last years global growth story that was sold so well on CNBC.
Its bullshit.
How long will Stevie Cohen sit in cash?
its just a game of chicken – whomever blinks first.
Fly, quit being an asshole. Shut the fuck up with your posts until you put on some hedges.
LOL @ Gold!!
Comrade Paulson or Comrade Bernanke should speak out today and tank this market even more. The prospect of Obama is like DOOM on the horizon. I just bought some SKF.
loaded CHK under 17
Hey I loaded CHK under 17!!