All of you gold fuckers should wear red noses and prance around the office in big purple boots, made from beets. You idiots thought the yellow metal would protect you from “the coming financial Armageddon.” Talk show hosts, like Michael Savage, prostituted themselves at the altar of the ancient currency, like baboons in an apron, making rich folks laugh.
I just had to get that off my chest.
Into the closing hour, I am fully loaded with [[SKF]] . After selling 1/4th of my position this morning, I reloaded the boat, on a whim that market fuckery is just around the corner. Presently, [[SKF]] is my largest position.
Frankly, I amazed to see [[SRS]] up at these levels, so quickly, As you know, I’ve been a HUGE hater of commercial RE; but, regrettably, I am not able to profit from its ongoing demise.
The irony.
Sometime soon, this market will bounce and rip off the heads of long term bears. However, at least for today, it appears the bears have won.
Get hedged or die slow.
NOTE: My top 5 positions are: [[SKF]] , National-Oilwell Varco, Inc. [[NOV]] , The Mosaic Company [[MOS]] , cash, [[TBT]]
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SRS is my only short position, and will remain so, into this airburst.
Re: gold, fuck you.
_____
The Fly is God.
Close below 8000
btu insider coo just purchased 700,000 of company stock-exspects coal for christmas.
Jake:
I would take profits in SRS here and roll into SKF.
Gold = Death! Period!
How much money has Peter Schiff lost holding Gold. I now laugh and spit at these doomsayers.
These Fuckers screaming about:
Inflation ~ Wrong!
The Dollar ~ Wrong!
China ~ Wrong!
Emerging Markets ~ Wrong!
The Fucking Bow Tie Man, actually moved his family to the orient, not really for business purposes, but rather because he believes that Tut Dwellers and Dog Eaters will someday rule the globe. Not in my lifetime, and certainly not in the Bow Tie’s lifetime.
I fucking hate MOS.
Donny:
Inflation was all a myth, misdirection, all caused by the Forex markets. That was my initial thesis. But, at the peak of the oil craze, I was tricked into believing Asian wage inflation was real.
The good news:
Asian wages are no longer and issue, since they are now unemployed.
UYG is ass fucking my today.
Most Gold Bugs don’t realized that, in times of deflation, Gold does down like every other easy to liquidate asset.
Get hedged or die slow.
I Do Not approve this message.
Everything is going down, we are now in the liquidity crisis phase, unemployment rates are on deck…Im taking my nap now
Which company has the ticker pills market cornered?
That’s a stock I wanna go long.
Sales will rocket after these last few months.
I’ve nearly had 6 heart attacks in the last 24 hours.
No more Monsters or Red Bullshit for me.
Most Gold Bugs don’t realized that, in times of deflation, Gold does down like every other easy to liquidate asset.
No, we realized it. We just thought the asstard who runs the Fed and PURPORTS to be a fucking expert in the Depression wouldn’t make all the same fucking mistakes to cause massive depressionary deflation all over again.
I misunderstimated how fucking stupid the beard is.
Fuck me.
_________
KABOOM!
ha ha Jake I like that. Never misunderstimate the stupidity of these guys.
On another note: there is more gold now than ever in the history of the world. Oil you burn, steel you put in a building, gold never goes away
Retirement: A folly concept of capitalism, used in the 20th century to extract maximum work out of the labor force in return for the myth they would be able to quit at some point in their later lives,(i.e. Why the old man with an oxygen tube is taking your order at Jack in the Box)
PPT ratings on ETF’s
SKF
Final Score 3.20
PPT Recommendation: Buy
SDP
Final Score 2.20
PPT Recommendation: Sell
REW
Final Score 3.45
PPT Recommendation: Buy
SRS
Final Score 3.90
PPT Recommendation: Buy
FXP
Final Score 3.20
PPT Recommendation: Buy
EEV
Final Score 3.20
PPT Recommendation: Buy
QID
Final Score 2.70
PPT Recommendation: Sell
DXD
Final Score 2.85
PPT Recommendation: Sell
SDS
Final Score 2.85
PPT Recommendation: Sell
MZZ
Final Score 3.20
PPT Recommendation: Buy
SDD
Final Score 3.45
PPT Recommendation: Buy
TWM
Final Score 3.45
PPT Recommendation: Buy
DUG
Final Score 2.40
PPT Recommendation: Sell
SMN
Final Score 4.10
PPT Recommendation: Strong Buy
SIJ
Final Score 3.95
PPT Recommendation: Buy
SSG
Final Score 4.20
PPT Recommendation: Strong Buy
EFU
Final Score 3.45
PPT Recommendation: Buy
Cargill will buy the remainder of MOS for cheap. Does no one else see this?
NOV and UPS still green.
Some (small) solace.
For now.
_____
Oh, and , double short gold:
DZZ
Final Score 3.85
PPT Recommendation: Buy
On another note: there is more gold now than ever in the history of the world. Oil you burn, steel you put in a building, gold never goes away.
Correct, this is an old anti-gold saw. The question is not “how much gold is there in the world,” but how many pieces of green paper with bewigged dead men on them?
Answer– Lots.
_______
A quantum?
Bought MOS $27.28.Fuck!How low will she go?
Check out 10 yr chart of GD. What kind of nonsense is this.
Currency backed by Gold 1
Currency backed by Beard 0
Crude:
So you’re pissed over MOS.
Stop chasing it. You are obsessed. Let it settle down.
Get hedged.
Stocks getting dirt shovelled on them as they breathe one last time…Level 3 LVLT and Beazer Homes callin for Dr. Kervorcian
MCO (the worse company ever) about to break $20 on it’s way to $0.01.
Took at shot at $30s and cut losses at $29s. Piece of shit.
I look like Alen Greenspan…….
SKF & SRS:
Chris Walken – “WOW – ee -wow – wow – WOW!!!”
Not too late to buy SKF and SRS and more puts. GAME OVER.
So everyone is long SKF? I guess now is time to buy UYG @ $7.80.
Oh, and the dollar index finally just went red.
Cap with the bottom tick
Bennet Sedacca
11:30:00 AM
No positions in stocks mentioned.
A couple of interesting developments…
Goldman Sachs (GS) debt and GS equity now trading the same. Lousy.
Liquidity is gonzo in the following markets:
* Specified mortgage pools.
* Mortgage derivatives.
* Equity options.
* Preferred stock.
* CDS.
* Corporate bonds.
Also, CDS on anything to do with Latin America or Emerging markets is exploding out. In addition, CDS on municipal state General obligation paper blowing out.
Also, many traders are telling me they have many margin call issues to deal with.
All I can say is that everyone had better hope this market holds. The alternative is, well, depressing. Literally.
Danny Says:
Cap with the bottom tick
Go ahead, get long . Its you against me. My shorts beat your longs.
Fly:
“Frankly, I amazed to see (SRS: 181.78 +19.29%) up at these levels, so quickly, As you know, I’ve been a HUGE hater of commercial RE; but, regrettably, I am not able to profit from its ongoing demise.”
Last week you called SRS. Why can’t you profit from it now?
Obituary
Eye Know Stuff
Eye know stuff, a sometime contributor to the iBankCoin discussion group, died today. Rally Monkey beat the stupid fucker to death with a computer keyboard, then ran away. The monkey was heard screaming “It’s a depression you stupid fuckers. The end of the world is coming. My services won’t ever be needed again.”
Went long UYG at 7.8
haha, didn’t say anything about longs, you’re projecting.
Anyone interested in taking a flyer for a couple a thousand shares of CME?
ill take em. whats your offer?
Silly little rally today is not going to prevent tomorrow or Monday. See ya at Dow 7000. Maybe lower.
What will the Fed do now ? Put together a leveraged buyout of the entire market at a 25% premium ? LOL
Danny – My victory will be measured over the next 3 days.
Zen:
Because I am not long SRS.
However, this SKF has wiped out today’s losses in MOS and other queer names.
+2.9% for the day.
CAP–
Thanks!
POT just went positive … good sign for the ferts .. they are getting washed out
well … we’ll see, but we must be getting there
Buying MOS into this rally.
MOS is pissing a lot of people off right now.Fucking NOV had great earnings and got no respect.Just having a bad day.Sorry!
Bear Trap
Go LONG NOW!!!!!!!!!!!!!!!!
GAAAH!! GET IT OFF!!! GET IT OFF!!! GET THIS FUCKING THING OFF ME!!! GAAAAAAAAAAHHHHH……………
Good, pig fucker!
The market is going to f me in the a for being so bullish. Eye noe.
FLY are you holding SKF overniht?
Downside momentum just isn’t there
It was there until it wasn’t
HUGE RALLY into the close!!
Pikers, My instructions read “DOW sub 8000” today. Get out of my way.
Rally ? Are you people smoking something ?
It doesn’t look like a rally to me. Nope, not seeing it.
Here comes the panic up!!!
All Aboard!!!!!!!!
Huge volume out of Ultra short ETF’s
Get fucking long or Die!!!!!!!
If I said SMN would be at 100 six months ago, I would have told to fuck myself…
The counter trend rallies don’t even last more than 10 minutes.
wading back into the ferts … cuz i must be a glutton for punishment
People are giving up all hope on MOS.
Anonymous Says:
Huge volume out of Ultra short ETF’s
Get fucking long or Die!!!!!!!
Anon – please go all in long. 200%. Every penny that u have.
I hope you have a hot wife or mother. Call me on Monday . I will pay you $250 to bang your wife/mother so that you can have enough to pay the bills. I am a very considerate guy and do what is necessary to help my fellow Americans get by this crisis.
I just wanna make sure I get this right… a rally is when the market goes up, is that correct? You might see a number with a plus sign in front of it, painted in green, where it says DJIA?
I don’t want to be on the same side of any trade as Anonymous.
I hope things keep crashing… KO is coming into my buy zone.
here comes that Margin Clerk douchebag again, man, I am so sick of this fucking guy
Erin Burnett’s Booty Call –
Be careful with KO. It’s not as protected in this environment as you might think.
As an example, they own 33% of the common stock of their largest bottler, Coca-Cola Enterprises (CCE)
Today, CCE is down 20% after reporting an awful number.
Covered AAPL. I was eating fucking sushi when it hit 91s! Bah!
Rally: Term used prior to Fall 2008 during a functioning free enterprise system that distingush gains or a positive multiple on an individual stock or index. i.e. MOS is up 2 points today I wear a robe,circa October 2008.
I look like Alen Greenspan. I look like Alen Greeeeeenspan.
I taste like chicken.
Right here…right now…….
the market has mostly factored in a doomsday scenario…more than compensated for weak earnings news and deteriorating economic conditions. We are currently entering the two most bullish weeks of the year and the rally should be much greater in magnitude after this decline. Sentiment indicators at extreme levels and from a contrarian standpoint, we are due for a rally. VIX is at a historical highs…again. It has tested this level three times and it is poised to roll over.
Me thinks……
Long AAPL at 93.9
Thx Razorback.
CCE is a very small % of KO.
And part of the miss they attribute to high fuel prices.
If things go to shit, NOTHING is safe. I bet KO is safer than most. For the first time in my investing career, this stock is getting reasonably valued relative to earnings (still won’t call it cheap).
8K more GCI @ 8.5. Avg. 8.81
Sell aapl 95.7
BOt again 95.98
you were saying CAP?
I don’t disagree with you, but your statement
“CAP Says:
Not too late to buy SKF and SRS and more puts. GAME OVER.”
reeks of emotion. It’s not you, it’s everyone. If you trade on emotion, you’ll make mistakes. you top ticked them amazingly well.
It is extremely difficult to make the right decisions being emotional. I doubt you would have the same sentiment expressed above if you were buying a car. Big purchases (cars, stocks, homes, gold watches, etc) demand a stern facade. In fact, stocks are the only think I know of where people “spend” a lot of money, while emotionally strained.
I’m not trying to bust your balls or anything tho
sell 96.4… i wont bore you
hot hand !
short 95.86, stop at 96
Fly
don’t sell gold down the river entirely.
Buying gold from 600 to 650 level is a good idea. I left an order to buy at 630 with a stop at 575 and won’t touch it.
There are far too many homos in gold at the moment and they have to be hot rod fucked out of their position before it makes highs again.