The 50 basis point cut by the lunatics at the Federal Reserve is daring inflation to come back. The Fed is spitting in the face of those who drill for oil or make potash.
If history has taught us anything, it is that they (The Fed) are always wrong.
I am not an inflation hawk. As a point in fact, I chuckle, not laugh, at those who think the U.S. is in some sort of weird inflation era.
Wrong.
But, at the same time, the deflation ghouls have overshot to the downside, via pecking away at commodities and their related equities.
So, into this orgy of free money, I want to stay long the names that have been cast aside by margin players, at least for awhile.
CF Industries Holdings, Inc. [[CF]] , The Mosaic Company [[MOS]] , Potash Corp./Saskatchewan (USA) [[POT]] , Agrium Inc. (USA) [[AGU]] , National-Oilwell Varco, Inc. [[NOV]] , Transocean Inc. [[RIG]] and Arch Coal, Inc. [[ACI]] all look attractive.
Following an 11% day, don’t be stupid and buy big here. Wait for a pullback, as much as 5%, then consider taking a position.
If you enjoy the content at iBankCoin, please follow us on Twitter
Fly, are you still buying UYM here?
Fly:
The fed is trying to make $ cheap and a ton of assets have been beaten up real bad. What do you think if BX and FIG?
fucking crybabies in this market. Fed shouldn’t have cut shit. Shoulda raised 50 bp
I am not buying anything here. Too crazy. But, I am not selling either.
I’m just watching shit, while throwing darts at my plasma.
It is time for some consolidation – a pullback – a rest – a pause – all those cliche`s – time to take’em back down boys!
So you’re staying long, but expecting a pullback? Again, I’m confused. If you think there will be a 5% pullback, why not just get out here?
Still don’t get how that time machine of yours works.
If Monetizing @ 17% + annually is Not Inflationary, what is/gives??
The “Unwind” of the Global $600+ T OTC Derivatives nightmare (The Beast) continues out of control regardless of futile attempts by the “Cartel”.
Systemic destruction!!
Bought small chunks of UYM, EEM, and FSLR. Out of thopse FSLR will be the one I add the most to over the next few days.
Inflation Chuckles will come for you soon. Just like in early 01-02 we had a deflationary effect due to a mild recession, but then inflation came back.
It will come back again. Write it down.
$4 trillion in less than two years will fuck us over down the road.
thanks fly,
sold my possistion of NOV @ 28.50 earlier and just sold my possistion of UYG prior to fed announcement banked a small amount of coin
Thx, Fly. If it’s too crazy for you, it’s time for a sandwich.
We’re going higher is my gut call.
But I am fully invested, with 20% in cash for a quick inverse ETF position, if needed.
Does the PPT occasionally shoot sparks and emit smoke like Bob Marley on days like this?
The pain trade would be another last hour moon shot.
Fed creating inflation…
Maybe. People are still getting fired and now, on top of it, the consumer is being bitch-slapped with higher oil prices.
Deflation was pretty good for Joe-Six Pack. So what — now people are going to buy houses, finance a new car?
Rate cuts create little rallies to sell into — nothing more.
If creating inflation could stimulate an economy, Zimbabwe would be the greatest country in the world…
Everyone on this thread is a pussy. I just wanted you all to know that.
Off for a Monster.
Anton +10 on the sparks, smoke and shit.
NOV lagging behind RIG big time.
NOV is a fucking buy.
Well, it IS your thread, cupcake.
PPT spitting out its first Strong Buy rating on an oil: TOT
I have banked serious coin on nov, especialy mos and a couple of etfs. Im thinking about bouncing on these bitches but can someone f’ing tell why I should stay long pleaaaaaase
Boring
TOT has interesting chart. 2 strong gap ups in a row.
TOT….I own it. Will think about adding more if this market holds up at the end.
Trillions have been lopped off the world’s stock markets – and real estate markets. Inflation is desirable here to stay away from the deflation precipice and to cheapen debt. It is true that the Fed probably will not move correctly to head off inflation when the economy starts to grow again.
I’m telling you guys for the last time.
You are all tootsie roll dicks.
Think about it.
Sold am MS position from 13.75 @ 16 stop.
wow, broke-dick action now. See ya in a half hour
I’ve just added more green paper to the fire I call SSO
Bools launching another wave…
BOOO-Fucking-YAH!!!
Up we go.
http://wordinfo.info/words/images/zoo-zoolatry-bull-women.gif
Fly,
What do you think of C here ?
Ah, melts up are fun to watch….no one wants to miss the train….choochoo…..
Fly, thanks for all your great calls on this site.
This has been the best 2 weeks trading since January for me.
As for DevilDog, he is always losing, even when he appears to be winning!
Blast off.
Fuck you Devildog, you are dead.
Get ready to suck your own dick, pal.
Can someone give me an update on Dog’s portfolio.
I think he was 250% short AAPL and some double inverse Utility etf.
Thanks in advance.
DOG’s portfolio = HOUSE OF PAIN !!!
Dog was buying SKF yesterday on the way up in .25 increments….doubling up on each new entry….ouch….
Just got back… WTF! Yhee Ha!
MOS on a tear. They sure didn’t want it in the 20’s, so let ’em buy it in the $40’s…..filthy bastards.
holy crap, totally regret going all cash an hour ago.
hero,mos,dow,cna,sks,-they all have substantial insider buying- didn’t somebody just get in greenspan’s grill for lowering rates to 1%-probably just a dream.
Mudkips – like they sez in these parts, “Ya can’t win if ya don’t play.”
A young bull and an old bull were standing on a hill overlooking a forest in which the bears were having their picnic.
And the young bull said to the old bull: “OMG OMG 50 points! Let’s run down the hill and gore one of them bears!”
And the old bull said to the young bull: “No, son. Let’s spend the hour after the news release *walking* down this hill, and gore ’em ALL. And their little dog Toto, too.”
Don’t forget about VLO during this mayhem.
Run the close…big dump on GDP tomorrow morning, to be bought…
Close above 950 today, it should become support until 11/4…maybe 11/3
DOW 10K this week still in play…holding all remaining longs.
Looking to add SRS as a hedge at the close if this run-up continues. Sub-110 looks good to me.
Old Bull – Very nice. +5
Did anyone see a rally ? Where did the rally go ? I could have sworn we were up close to 300.
Bought 300 EEV
Sold short 1000 X
Sold short 1000 SHLD
bought puts/calls on FSLR
I do believe the guy on CNBC, with the Hop Sing rat tail, has dyed black part of his Devil’s Beard.
Pricing
EEV @ 108.52
X @ 35.90
SHLD @ 63.13
will cover it all tomorrow…..bitch
Come on boys … take it up!
Donny
Take it up the ass?
SSSSSEEEEELLLLLLLLLL
Fuck you shorts, you’re dead.
Fly:
DEVILDOG Says:
285% SHORT and staying that way. Write it down and don’t deny it over the next 12 days. bulltards lose.
Clown Raped!
CLNE, good night Irene.
CAP, 300 is just 40 points away. Go eat your cock now.
Adding to EEM for overnight reaction overseas to follow through in morning……
“The Fly Says:
Fuck you shorts, you’re dead.”
There it is; that’s the one. Was waiting for that.
THE FLY IS GOD.
Sorry, Devil Puppy.
adding to my SPY shorts here. This is unsustainable
Anyone playing FSLR with options?
110% long now …. selling into strength soon
Holding MOS, CLF, FCX, NOV but envious of CMP!
CNX/CXG kicking ass …
HIG reports at 5pm and s/b reporting a loss of 8-8.50 … buy after hours for a potential merger candidate … MET already offered to merge and TRV wants their P&C biz … just saying.
Devil Dog’s gonna be grounded!
1100 doable if we hold 950 today…get the pikers to chase it and try to make up some of the 40% they’ve lost.
Gotta take 10K on the media-hyped representation of the stock market, for the saps @ my YC to pay attention and stop saying…’I don’t even look anymore’
Quick. Close the market early Hank and Uncle Ben.
Fly,
What is your take on CLNE? It looks so undervalued
Fly … can the PPT provide an update of top shorted stocks that haven’t covered yet?
Looking for more LVS plays.
Thanks
Who farted?
Shorting GS @ 99.50
You fucking longs are blowing my opportunity right now! Buy, Buy, Buy!
Oh shit, there it goes. Thanks a lot fuckers.
Poof! That was fun.
Shorting AAPL and RIMM right here
Dammit. I needed a strong close to get short in the a.m.
Fucking bulls are pussies.
T MOE….like a broken clock…you eventually get it right.
Why are you fuckers selling … “it’s gonna go back up tomorrow”! (wink-wink) 1000 more points tomorrow!
Well they puked the bell. Fucking faggots. Oh well there goes that bullshit rally shit.
LOL. OK, how about we just walk down the hill and prod at ’em while wearing rubber clown noses on our horns. You know, as a reminder of what we could have done if we weren’t in such a generous mood today.
*clicks refresh*
Well, son, somedays you gets the bear, somedays the bear gets you.
What a hilarious finish…
T Moe,
How bout hedge with long AAPL…short RIMM?
Shedder … I feel like kicking somebody’s ass!
Ha Ha Ha Ha Ha
Who needs the track or Vegas when we have Wall Street.
EV right back thru 950 like Buttah
Got stopped for nice gain on MS but completely missed the down move…
VIX still looks broke.
That’s what you fuckfaces get for not respecting me.
WOOD,
How bout LVS short right here……….
GE – That fucking Jeff “I-melt the mkt”. 10% revenue decline? Holy crap. The world is coming to an end.
Behold; devildog will show up soon claiming he shorted at the highs again.
I love the last hour, just wish I didn’t have to listen to Maria’s dumb ass
Merlin is just playin with ya – over 400 points down in 15 minutes. The stock market crashed in September – it went down 30% – that is a crash and it will not recover in a few days.
Merlin says fuck you, you’re dead
That was fuckin cool!
Some poor fuck somewhere who had been sitting on his hands having missed the bottom jumped in on that melt up thinking we were going to 10,000 without him.
then…… Poof!
So GE is fucked up….and we all pay for it………
BWAHAHAHAHAHA you fucking long morons!
BWAHAHAHAHAHAHAHA!
Arrmegeddon [sic] back on the table.
put an order for UYM @ 21 just got back. Oh well.
Cold Calls Hard Cold Calls
DOW has moved triple digits every day this month except 2 days…truly scitzophrenic (sic)
Just made good money for a 10 minute trade
covered X (see above bought 35.90 sold 34.72) + $1018
covered SHLD (bought 63.13 sold 61.13) + $2000
still holding EEV (bought 108.52)
cool
Since when is Mexico well managed?
I hope you technical traders are using 2-second charts.
I think Jeff Immelt is DEVILDOG’S daddy. They both suck supremely.
Hey T-Moe – I’m laughing here too. Even with a 372 point drop at the close I’m still up for the day, year and month with my current longs. How’s your shorts doing ovah thea?
Bueller?
Oh Brother bear – that last post was for you too. Shouldn’t you be fattening up for winter hibernation? Go get some zzzzz’s.
Trying to believe in an Uncle Sam rally is like being a fucking rube….Like trying to win the stuffed animal @ Atlantic City.
CLNE price is anticipating that California voters will reject T Boone Pickens pocket-picking scheme known as Prop. 10. However, if Prop. 10 does pass CLNE will skyrocket. We shall find out on Nov 4th!
There is no fucking way the implications of a 10%-15% revenue contraction at GE is discounted. That’s a gigantic contraction in next year’s GDP. Stunning.
My oringinal estimate of GDP being down 3%-5% next year will prove to be way, way, way too optimistic if GE’s forecast is anywhere near accurate.
S&P will bottom with a 5 handle next year.
Fly..TAKE IT LIKE A MAN
NO BODY TOLD U TO NOT CASH IN WHEN UR UP 10%]
ALL THE COKE SUCKERS THAT WILL RANT AGAINST ME R THE COCKSUCKERS WHO LOST BEING TOO GREEDY..
FLY AND HIS CO-COCKSUCKERS LISTEN UP:
MARKETS R, VE BEEN, AND ‘LL BE IRRARTIONAL…..GO FIGURE..OR QUIT IT..I PITY THE FOOL WHO TRADES…JUMP OF A CLIFF …LIKE AUSSIE $
Ass Napkin, learn some MATH. When you
(bought 35.90 sold 34.72) + $1018
that is a FUCKIN’ LOSS, you home schooled Dipshitz!
LONGS WILL B SOON BEGGING AT THE LOCAL 711
Okay, so “T Moe” is also “Ass Napkin Mike?”
Any more fucked up names you want to reveal?
And is “Blackie Swan” the Devil Dog in hiding?
________