Thursday, March 11th, 2010

Zeus Rally Pending

Monday, October 27, 2008 at 12:46 pm

60

I am a raging gorilla (on steroids and coke), eating all the fucking bananas. No bananas for you, fuckers. They are all for me. It is my tree, assholes.

In other news:

Look at Fifth Third Bancorp (FITB: 13.20 +1.85%) today, up BIG on gov’t money. What the fuck does that mean?

Well, goat lovers, that means lots of banks will shoot higher off of this non-event, since the market deems it to be cool.

Yeah, yeah, yeah, the market is gayer than a two dollar fiddle. However, it’s time for us to go higher now, at least for a day. It’s time for Zeus himself to come down and strike those who are short equities, with giant lightning bolts and buckets upon buckets of cold water from the Arctic
Ocean.

As you know, “The Fly” is aligned with the stock Gods and has a very keen eye for market turns. The lack of volatility is HUGE for pikers on the sidelines. The market needs a few sedatives, before a move up. Should this fucker stabilize, we shall have the “epic rally” I was alluding to last week.

When that happens, you’re going to want to be long emerging markets, like Hong Kong and Korea. Hell, you may even want to go long those hari-kari cancers from the east: Japan.

In short, Zeus is coming down (from the heavens), following his afternoon snack of grapes and sweet ambrosia. He is bringing his lightning bolts and arctic water with him, and will turn many bearshitters into smoldering piles of ash and shit, sometime soon.

NOTE: To play emerging markets, (EEM: 41.3301 -0.41%) , (EWH: 16.09 -0.19%) , (FXI: 41.16 -0.84%) and (EWY: 48.7807 -0.93%) are my favorites. For Japan, just go long Canon Inc. (ADR) (CAJ: 44.56 +0.18%) or NTT DoCoMo, Inc. (ADR) (DCM: 15.33 +0.59%)

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Comments

60 Responses to “Zeus Rally Pending”
  1. 4fl3x says:

    Thanks

    Grabbed some FXI 2010 calls this morning but was looking for a different play.

  2. hk.slanteyes says:

    after 14%down on the day this is the gift of the month.
    buy what you see.
    the money is yours

  3. Mr. EB says:

    Melt up time. Let’s rock!

  4. The Zombie says:

    ALERT:

    THE FLY IS GOD.

  5. Tim Knight says:

    I win again!

    ho hum ;)

  6. Steph says:

    Anyone else following this Volkswagen saga? Now that is what I call a short squeeze, up 125% today.

  7. Effin New Guy says:

    Hey Fly,

    Those cool graphics that accompany new posts on your home page are missed when I keep my browser on the flyblog page & just continuously roll to the newer posts.

    Please demand that your effin Web Guy add his cool graphics to the flyblog page also.

  8. Anonymous says:

    Bill Griffieth schooling us on AC/DC…good grief

  9. TraderCaddy says:

    Must be those dumbass commercials with Brooke Shields.
    Worst commercial I have ever seen. “People having babies in order to get German technology.” Reminds me of Mengle experiments with babies and the Nazis.

  10. The Fly says:

    Effin new guy:

    Fuck you. Go to the front page.

    Tim:

    I win more.

  11. CAP says:

    Why is Tim Knight posting here ? This is a blasphemous turn of events.
    FLY, TK has invaded your turf. He’s pillaging your blog, plundering all that you have worked so hard for.

  12. Steph says:

    Dennis Kneale hates AC/DC. Definitely a knob.

  13. Mr. EB says:

    Volkswagen is an example of the short squeeze potential of this market.

  14. Anonymous says:

    Kneale probably still in the Rick Astley Fan Club
    http://www.youtube.com/watch?v=Yu_moia-oVI

  15. Viva Las Vegas says:

    SIRI right behind them +41%

  16. PPT Chairman says:

    DEVILDOG likes to suck Rick Astley’s little penis.

    Mmm, Mmm good he say, especially the final explosion.

  17. Mr. EB says:

    The great bear market rally of 2008 has started. It has begun!

  18. Zulu Warrior says:

    The NYT ran an article yesterday about how pleather is “recession chic”.

    What’s your best pleather play?

  19. Thunderpup says:

    All aboard. EDU still sucks my hairy balls - die you POS.

  20. Donny says:

    That’s the smell of yet another Sweet Victory!

    I spit on PermaIdiots like that fucking retard, DD.

  21. alphadawgg says:

    The “raging gorilla” reference reminds me that I need to go rent “King Kong” for later tonight.

    Thanks, Fly.

    As always, the market sucks.

    A-D

  22. TUNG says:

    JUST A QUESTION IF YOU SELL ALL SKF SHARES… WHY DON’T YOU JUST GO BACK AND SHORT SKF??? ANY REASON FOR NOT SHORTING SKF??

  23. The Fly says:

    The PPT just spit out a buy rating on NOV.

    3.01
    Buy

    It’s been bearish.

  24. The Fly says:

    Because I want UYG.

    Fuck off.

  25. sniper6 says:

    SIRI- yay for nuttin’.

  26. CAP says:

    Wow, we are nowhere near the highs of last Friday and people think we’re rallying. LOL.

  27. TUNG says:

    WHY YOU SO MEAN ??? STILL GOT LOVE FOR YOU

  28. Thunderpup says:

    A slow start to a rally is kind of a good thing at this point. There’s no forced selling going on. There’s no short covering. People are simply buying stuff again.

  29. Mr. EB says:

    They day is not over yet. My stocks however are flying.

  30. sniper6 says:

    I’m gonna go all “Raging Gorilla” on the Snipette, later. In a good way, of course.

  31. Mushroomz says:

    Does CNBC know about the PPT’s buy rating on NOV?

  32. Raptor says:

    This is the Raptor speaking:

    I’ve continued to snap up equities friday and today and I’ll be at it all week. This market is going higher whether Zeus likes it or not. A simple fact.

    I see good value in both Europa and the US with a clear preference for energy and insurance names. Retail sector not too bad either.

    Also a good trade: short vols on AUD, JPY and NOK (3m/3m).

    Have a pleasant evening.

  33. Larry says:

    How did Tim Knight win? He is predicting the same thing as you. So I think its probably not him that is posting.

    Unless the contest is:
    Person who has had more dicks in his ass.
    or
    Longest and most boring video updates.
    or
    Biggest Flip-flopper
    or
    Dumbest

    Then yes, Tim Knight, you are the winner.

  34. Steve The Neighbor says:

    Hello Fly. I lost my job today.
    Can I be your gardener and if so do you provide a 401K?
    It can’t be the kind of 401K that Obama wants to confiscate.

  35. Carey says:

    Fly can i have your input on X?

    You put X as the top 10 stocks you would get if the world never ends, i am holding X as one of my diversification and tomorrow there’s earnings to it.

  36. DEVILDOG says:

    Poof…your bullshit rally is gone…odd no?

  37. Grandpa says:

    Donny, in and out on DIG, 2 hrs 9.9%. Thanks for the heads up. Blow the whistle when DUG is pulling out of the station.

  38. Michelle B says:

    @ Raptor

    Europa? Is that some kind of erotic soap on a g string?

    And though we all know that it is indeed you who started the comment because of the much needed “This is the Raptor speaking”, how the fuck do we know if it is you signing off? I demand “This is the Raptor signing off.” “Good evening” will not cut it. It is sloppily inconsistent and annoying.

    Anyway, still scaling into longs which I started late last week. UYG, INTC, DIG, EWH, etc.

  39. ZenProfit says:

    Will there be a 3pm collapse today?

  40. The Fly says:

    Fuck you junkie bastard.

  41. Fab says:

    sold SRS and bought UYG

  42. Thunderpup says:

    Still green on my screen, but barely.

    Die EDU, die! You commie POS.

  43. Viva Las Vegas says:

    “I am a raging gorilla (on steroids and coke), eating all the fucking bananas. No bananas for you, fuckers. They are all for me. It is my tree, assholes.”

    In the immortal word of Howard Stern…”homosayswhat?”

  44. DEVILDOG says:

    Hey Donny, you’re a fucking idiot bulltard just like fly ppt chairman and eb. 4 dumbasses.

  45. Donny says:

    Wrong FuckTard. I am neither bear nor bull, and I spit on idiots like you who a deeply committed.

  46. BOOMER says:

    Stocks suck.

  47. Anonymous says:

    Merlin? Where is he? Merlin says F Zeus and his BS rally.

  48. ZenProfit says:

    Mr. Fly:

    “Fuck you junkie bastard.”

    For those of us playing along at home, could you specify the poster you are excoriating?

    Thanks.

  49. The Fly says:

    Actually, Donny was quite bearish.

  50. The Fly says:

    Apparently, the “Zeus Rally” is over. He had to go back and eat some more grapes.

  51. j says:

    DEVILDOG…their rally is fading…I am getting so hard for you right now.

  52. Thunderpup says:

    Dunno, my watch list has some stocks up 3,4,5% while pieces of crap like EDU are down 6%. Stocks are being sorted. The world was supposed to end today, and it didn’t - we’ll see.

  53. DEVILDOG says:

    I’m goona start my own site for intelligent people. Fly and his followers are cluless asshats. Odd no? BTW, fuck zeus, gorillas, bananas, grapes, ambrosia, artic water, lighting bolts and any other stupid fly bullshit. Fuck America too…land of bullshit.

  54. Gio says:

    Fly is right, from a trader’s view, those on the sidelines are waiting for the volatility to drop and for the market to get boring. There is room for an “epic rally” here, but the Fed’s meeting this Wednesday is holding back buyers… A LOT of buyers. So although many of my numbers are pointing to a relief rally, news trumps technicals for now. Then you have the up-coming elections, which is another burden on buyers.

    … if you can start buying here, then I think you’re patience will reward you. Just buy in small increments to prevent you from letting your emotions dictate your trades and lack of trades.

    As it stands, Gio’s “epic rally” (haha, I’m referring to myself in third person) of 1,700+ points on the Dow is the one to beat.

    http://ibankcoin.com/gioblog/?p=2105

    versus

    http://biz.yahoo.com/smallcapinvestor/081013/11526.html?.v=1

  55. DEVILDOG says:

    Yeah Donny, you’re a perfect representative of America today…no commitment, no staying power, just flip flop pussyism. Fuck your weak ass…American punk.

  56. Mr Market says:

    DEVILDOG…I can suggest a name for your new website:

    iwaxmydolphin.com

  57. Daved says:

    That was a short rally

Trackbacks

Check out what others are saying about this post...
  1. [...] Reasoning: I believe we’re in for what Fly would call a Zeus Rally due to my reasoning set forth in the ISYN articles from last week. The domestic equity markets [...]

  2. [...] I believe we’re in for what Fly would call a Zeus Rally due to my reasoning set forth in the ISYN articles from last week. The domestic equity markets [...]



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