“The Fly” started off his day waking up to the music of the Gods. He jumped out of bed and dove head first into his shower.
Following his rinse, he went for breakfast, which consisted of 5 pancakes, 2 eggs, bacon, hash browns and three cups of hot hot coffee. Immediately following his morning snack, he went to his office to watch the employment data results on CNBC.
Much to his delight, almost everyone lost their job in November! The futures tanked and his positions increased greatly in value.
Dressed in an all white robe, leather sandals, holding a blue can of Monster Energy Soda, he sat down at his desk and blogged like the wind. He told stories of tragedy, while chuckling, but by no means was he ever laughing. He threatened complete strangers, exclaiming with fury: “fuck a ham sandwich goat lover. I will punch your mustache off.” His day was off to a glorious start, indeed.
He even made it onto Twitter, in order to inform the 600+ idiots “following” him that their money would be his, very, very shortly. By no means was he kidding.
All was going according to plan, his plan, until noon.
As noon approached, his short positions, in banks and Chinese things, started to work against him. Earlier that morning, he sort of hedged a little, buying some stocks; but he quickly sold them—betting the market would, as it always does, “shit the shower.”
Time passed on and soon enough his trader/servant began to annoy him, making noises at his desk, drinking soda pop or snorting cocaine. Quickly, “The Fly” threw an orange at him and yelled “fuck you asshole.”
In a rage, he went to the internets, where he made some more idle threats to complete strangers. Much to his chagrin, he kept getting interrupted by pesky business acquaintances, via telephone calls, wanting to know what the market might do in the final hours of trade.
“The Fly” was annoyed by these questions, as his positions started to work against him. Luckily, he had a few hedges, from a few days prior. But it was becoming obvious, as well as evident, Mother Market had it in for him, on this day, Friday, December the 5th, 2008.
The comments on his blog quickly became deranged and idiotic, authored by anonymous goat lovers and/or fish face fuckers.
His heart began to race. His palms became sweaty. For fucks sake, he saw the market reversing right in front of his face, starting with banks/Chinese things, then eventually infecting his oil shorts.
By 2pm, “The Fly” was in full fledged retreat.
From 2pm to 3pm, wild and disturbing things occurred at “The Fly’s” office. These events were so heinous, so egregious, they cannot be repeated to anyone, without penalty of death and/or torture. Just know this, as the losses started to pile up, his mood changed from joyously jubilant to demonically dangerous.
By 3pm, it was clear to “The Fly” that his position was an outrageous losing one, not so much different than how Napoleon must have felt at Waterloo, or for that matter, any Southern army watching their homes being torched by Union patriots, back in the good old Civil War days.
He threw a ham sandwich at his trader servant and said “sell those fucking bastards now!!!”
The bellicose nature of his voice made the office plants die and the mirrors shatter. Quickly, the trader/servant started to book losses, and restructured to eliminate risk.
The market was about to close when the lights went out. “The Fly’s” office was as dark and cold as the sunless side of the moon. Suddenly, the marble paperweights on his desk began to tremble, amidst thunderous noise just outside of his office. Afraid like a little bitch, “The Fly’s” trader/servant ran for cover, hiding behind a filthy, disgusting trash can.
“The Fly” stood up, sword in hand, lightening in his eyes and yelled: “who goes there”? Without pause, he darted for the door, opened it up, ready for confrontation. Within seconds, a hideous gray haired woman, at least 9 feet tall, wearing a black robe, approached “The Fly” and said: “Guess who, fuck face”?
Shocked and amazed at the sight of this monstrous creature, “The Fly” became stunned, in a very “deer in headlight” sort of way. Things began to move in slow motion, as he saw this woman pull something from her robe. It was shiny and gold, and it fit around her bony knuckles.
For the love of little babies and currency, they were brass knuckles!
The next thing he saw was her clenched, brass knuckled, fist touch the ceiling, just prior to it quickly making its way for his nose.
Bloodied and semi-conscious, the last thing he heard was some bitch of a whore on CNBC celebrate the markets glorious green close, as Mother Market left “The Fly’s” office— drinking one of his Monster Energy Soda’s, she said: “See you monday, asshole (burpp).”
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The Fly always wins in the end.
1st tier blogging.
In the hours since my own de-balling, it has occurred to my pea brain that the breakdown on Thursday afternoon and Friday morning was a monster (soda) headfake lower. The direction, at least through expiration in 2 weeks, is up. Santa Claus is here, motherfuckers, and he going to kick ass and take names in order to spread Yuletide cheer and other related fuckery.
Going all in long before the open Monday. I just hope this low volume rally today isn’t another headfake…
Funny shit!! You think the market was a bitch today wait until sunday when some BS automaker deal or some other ridiculous shit sends this market screaming higher..
FXP is an evil bastard.
I simply cannot stop laughing…
‘starting with banks/Chinese things’
Perfect.
Fuck it I bought SRS at the close. Hero or Zero bitch!!
The Fly will “invade” Bitch Market next week. And the bitch whore will enjoy it.
The Fly is God.
The fly is very accurate as long as you do everything opposite of what he said!
Some funny shit right here.
TMI is a registered sex offender.
Fly = Jake Lamotta: Never goes all the way down.
this made my losses less painful.. i laughed and cryed, sort of resembling my day, except that i dont have a servant and the beating i got , probably was more severe,…
shorts blew all in my face,
lets see what happens monday.,
Damn. She punched your mustache off.
The only thing working for me in this crazy market is my gut. If something feels comfortable in this market, it is time to get out of the position.
Gio’s really saying the same thing with his VIX-watching, but he does it with cool thunderbolts instead of gas-filled intestines.
I do think that SRS is at silly levels here, possibly on the way to even sillier levels. I’m buying. It is damn volatile for somebody who can’t watch screens all day, so I tend to hold for lengthy periods and sell calls on the shares. I miss out on the parabolic moves to $300, but manage to collect a nice premium from those anticipating the next parabolic rise. I probably pulled in $80-100/share in premiums on the SRS and SKF I finally let go of at November expiration.
“The Fly” threw an orange at him and yelled “fuck you asshole.”
brilliant.
i got kinda scared towards the end.
good one 😉
Brilliant Imagery!
If anyone can please forget about those declining MA’s, remember that when this bullshit rally started, the S&P was shooting towards 1,176. 1,176 is still a bullshit possibility.
Had The Fly not taken his beating today, he would have been drip drop Chinese things Water Tortured into losing all of his proceeds.
The Fly said “Your Accounts Will Go to Zero, Soon”. His did not and lots of idiots will have by mid-January.
Bit on the head-fake but didn’t foul the fucker on the way up. Nice play, The Fly.
New lows this month fuckers.
Sorry but, Devildog is fucking classic.
nice post fly..ur incredible sense of humour is only surpassed by impeccable market timing..except for Fri ofcourse 🙂
This stuff fucking rocks.
like a true artist, despair brings out your best work. It appears you got too homo with Chart Addict and his magic spell farted on your better judgement. I expect more Fly conquering soon. Although, I’d pay more for this funny sht than PPT right now.
That was some funny shit Fly, I can’t believe you let us read this for free, lol.
self-criticism – the only way to do it better next time ..
BTW:
what are your favourite longs now ??
WARNING:
the automobiles bailout will be sold the first day …
Fly,
I am still holding my FXP position. Down 50%! Chinese government is definitely rallying the market. Time to sell and take loss???
LOL ! slightly better saturday morning reading than Barrons
———
DevilDog .. the long sought after and oft-called ‘intermediate’ bottom is IN. We may hit your targets, but before we do, we also may stage one of the most egregious anal/skull-fucking rallies any bear has experienced, ever.
Seriously, and I mean this with all sincerity; be prepared to die the most undignified death; an abu ghraib sendoff, if you will.
Really dude, fuck your convictions, you may get fucked holding on to them, like you never have before.
As Tim the Enemy, Knight said yesterday: (and he was talking about you, the DeviledDog)
“But the cold fact is this………and those heavily “committed”, take heed………just about the worse imaginable economic news was issued this morning, and the market has flipped from down hard to up big.
Anyone who has studied the markets at all knows this is a powerful indicator of higher prices to come.
A bear could not have wished for “better” news this morning, but it looks like the markets are going to end in the green today (I am typing this 70 minutes before the close). Take heed and respect the facts before you.”
Definitely better than Barron’s
This is your ONLY hope DevilDog: from a reputable financial astrologer. You best believe in the power of heavenly bodies over humans & events. But note that the effects can also work in a Costanza sort of way; iow, exactly opposite.
http://www.mmacycles.com/weekly-preview/mma-comments-for-the-week/comments-for-the-week-beginning-december-8,-2008/
Short-Term Geocosmics
The principles associated with Uranus will be in full display during the next 1-2 weeks. On Friday, December 5, the Sun formed a conjunction to Mars in the potentially explosive sign of Sagittarius. From December 10 through December 15, both the Sun and Mars will form a square to the Saturn-Uranus opposition (T-square). This is known as a “translation” of the faster moving bodies (Sun and Mars) to the longer-term planetary cycle (Saturn in opposition to Uranus). If the last year is any guide, we should expect a sudden downturn in the equity markets, either going into the aspect, or right as it begins. How long the downturn will last is anyone’s guess. The last time we had such a translation was when Venus translated by square to the Saturn-Uranus opposition, the day before the U.S.A. Presidential Election (November 3). That was a high in the stock market that has not been seen since. In fact, many equities markets plummeted to new multi-year lows from November 4 through November 21. The Dow Jones Industrial Average, for instance, fell from 9654 to 7449 in those two weeks. It could happen again, especially if there is some sudden surprise event that rocks the world. With Uranus, you never know what the event will be, but only that it is sudden and perhaps shocking. Uranus rules earthquakes, but in these aspects, it also rules terrorist attacks, accidents, and maybe fires. Do not expect things to unfold according to plan these days. It is a not a time to achieve consensus with world leaders. It is a time that suggests disputes and disagreements, so maybe it is a good idea that lawmakers take off for the holidays. Otherwise they may say and do things they regret almost immediately. On the positive side (yes, there is also a positive antidote), it can enhance brilliant, innovative thought.
Go Gators!!
PS Good story and will have my wife read it to her class of school kids on how to pass the writing section of the Florida Achievement Test.
Uh. Maybe not (could get fired).
Juice:
gimme more stock-market-astrology !
for the interested:
http://www.webtrading.com/gannarticle1.htm
original article about gann’s record trading in 1909
Yes Ddog – you better watch Ur-anus.
That was Santa Claus’ wife…
Fly, how much you lose on Friday? 5%? 7%?
My sides split laughing at that piece, but:
At least Fly has some kind of Stop Loss procedure and he lives to fight another day. But reading these threads Im stunned at the lack of discipline and structure of the trading of many.
Commitment is great. But useless without money management.
I wonder if most people are simply doing this as some kinda expensive hobby, rather than actually banking coin.
Can “The Fly” trade and blog at the same time? I think not. Zombie will guard your door and allow you to concentrate on the market.
great read
“He threw a ham sandwich at his trader servant and said “sell those fucking bastards now!!!”
The bellicose nature of his voice made the office plants die and the mirrors shatter.”
——————-
That is one wacky office.
What goes on there is just above and beyond the call of duty !
Maybe the “trader servant” deserves a raise. LOL
.
the fly will phone it in on monday. bad pizza or otherwise under the weather. run for cover fly. you lose.
That’s absolutely one of Fly’s best, ever. Kindofa Night Before Christmas tone, staged in hell, produced by Marvel Comics. I think this was the episode where cosmic tragic accident instills curious superpowers on the unwitting hero-to-be. Time-machine goggles, super-rubber twist-o-logic, golden-knuckle-whammo-trading powers, etc.
The sage economists at Northern Trust have another, albeit rather more dry, tale of adventure discussing the BoE’s rate cut last week:
“The last time rates were this low was back in 1951; at 2.0%, the policy rate is now effectively equal to its lowest since the BoE was founded in 1694”
…pause, while you read that again.
How’s that for historical feel? TBT+patience keeps looking better to me. Economy trashed-> bailouts-> quantitative easing -> inflation -> interest rates++
It looks increasingly inexorable to me. Long or short along the way? A couple quarters of deflation? another 1% off 30yrs for a month or two? Only Mother Market knows. But who cares about her? I’ll side with Father Time.
As you know, my rags have infinte uses. Olympic divers and swimmers refuse to use ordinary towels to dry off. They demand using my rags, only.
So, pretend you’re Michael Phelps when you dive head first into the shower to rinse off, and when you get out grab one of my rags to dry off.
Everyone knows the key to market success is drying yourself with my Sham-WOW!! rags. You’ll say WOW!! every time.
Sham-WOW!!
LOL
Top notch stuff, Fly.
A+ Fucker…Does one wear underwear dressed in an all white robe? Can one wear an Ass Napkin without underwear?
Everyone should type the words Ass Napkin just once.
MIZ….ZOU!!!!
breakout is coming…
Great post Fly. Over the weekend can you do another post on your strategy going forward for the week? I imagine you sold a lot of the inverse short ETF’s and are now back to being hedged net flat?
Any insight into your game plan would be greatly appreciated.
Oh yes, and FUCK devil dog!
Mr.Fly,
That was simply genius. The great work of creative minds have always come from the most ulcer inducing days. Energy drinks suck — Concerta is hella better. Ducks and hides.
Snapini
Egregiously brilliant and hilarious posting.
Mrs Market will fuck the most people at the time of it’s choosing. It will go up for no apparent reason to ape rape the masses.
It will bring hero’s to zero’s and zero’s to hero’s in minutes.
Wait, I just described my trading career 🙂
Best. Post. Ever.
Hunter S. Thompson lives!!!
For DD and anybody else net short, an “encouraging” chart. So much bullish sentiment out there now that I am convinced the Fly was just a day early on his “no way we rally” call.
BTW: The answer to the non-rhetorical question below is yes, and beyond. Check it out:
http://www.eminiaddict.com/2008/12/could-there-be-retest-of-73900-next.html
ps: what the Zombie sez
Music of the Gods?
http://www.youtube.com/watch?v=03B2wO0lbe0
Some days your the windshield and some days your the bug.Ce la vie.
But the fly is priceless and always a great read.Thanks
No one with a brain is short anymore. The breakout is commencing and the new bull market is here. It’s very obvious that the worst news is behind us. The market has been great at pricing in the future news and all bad news, whatever it may be, is priced in. The market right now is the buy of our lifetimes. I would especially buy banks, auto companies, plastic and furry boot shoe companies, and airlines. In six months:
-there will be no cars on the car lots
-there will be new car dealerships sprouting up across the country
-your local Coach store will be out of purses
-there’ll be a 2 year wait to get a builder to build you a new house
-oil will be $200/bbl
-FXI and EEM will be over $100/share
-people will laugh about the days when DevilDog would proclaim gloom and doom
Snoman [sic] is a prophet. A true connoisseur.
A song for DevilDog
http://www.youtube.com/watch?v=l5zFsy9VIdM&feature=PlayList&p=406D2AA5A2642882&index=16&playnext=2&playnext_from=PL
“I can’t seem to face up to the facts”
Fly you’re cool!
I could only image what Mrs. Bull Maggot would think if she read this shit…
fly,im still holding some faz.do u think we rocket higher?
Hey there Fly.
I’m shocked that you haven’t figured out that Friday will have an upward bias until the taxpayer-funded blowjob for the car industry is announced.
Every piece of Congressional fellatio for your financial overlords, has taken place on a SUNDAY… for maximum effect on financial markets: that way CNBC and Bloomberg cockgobblers can start their Monday babble with “Asian markets rose strongly as omnipotent US regulators took steps to create Rainbow Unicorns that shit Mars Bars and piss Mountain Dew”.
Not to put too fine a point on it, but your trader/slave should be forced to wear the Gimp suit for six weeks as punishment for failing to point out that shorts cover on Fridays because they fear the Sunday Surprise.
Madame Market is “Mr Hanky” Paulson’s Sunday Slut… it’s as simple as that.
Next week – we are all fucking doomed; the car bailout will go up another $10billion or so, and GM etc will rally once Congress applies the chap-stik and drops to its knees … but it will be sold. (I took the same view of the $700billion bailout when it was ‘rejected’… (a) that the political parasites would drop to their knees, and (b) it would be 5-6 trilion in final cost.
Bonds ought to break down as well. Of courser I WOULD say that, since my sphincter is smarting at the moment due to bonds – ZB is trying to give me the GBDUV… GatorAde Bottle of Doom Up the Vord.
Cheerio
GT
GT’s Market Rant
where you could have read about the upcoming damage from toxic CDOs… in 2004
Epic.
its funny how everyone got bullish.
im not going to say that monday is going to be bearish day, ..i dont know.
but think of it, what happened yesterday was kind of odd.
what if we get and odd monday?
in my humble and unexpirienced opinion,
the data for next week is going to be somehow benevolent,this may go higuer.
and even tough the s&p its on the verge of a breakout, we will see some profit taking at the beggining of the session and then tough resistance to get past friday´s levels.
opinions? insights?
Shorts, get ready to get boot-stomped next week.
Obama: Largest Public Works Projects since 50’s…
“JOBS, ROADS, BRIDGES, SCHOOLS, BROADBAND, ELECTRONIC MEDICAL RECORDS, ENERGY”:
http://www.drudgereport.com
“Automakers to get quick 15B in cash”:
http://apnews.myway.com/article/20081206/D94T9UDG0.html
Why thank you Sir Fly for the fine compliment.
And Damon – wow – those both come as shockers to us all – long or short. I hadn’t heard a thing about a big stimulus plan – that’s a great idea! And the automakers are going to get their cash, I can’t believe it! The bad news is all priced in, but none of this good news is. The only question is how high we gap up – 500 or 1000 dow pts. Oh, I’ll take 750 – you want the over or under?
Flyswatter, not brass knucks. Lay off teh crack pipe.
All I can say is: get on the choo-choo to SPX 1200 or get DevilDogged.
SPX 1200 +/- 100 by April. Then, get outta Dodge.
Snoman:
Hey, I forgot to throw in that the War will be over (within 16 months of the swear-in).
Even though they’ll jack ’em like they always do and we might see some pretty crazy swings…
I wouldn’t be surprised to close up 350 on the Dow on Monday.
Headed for 9000 (and maybe higher?)
When we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe .
The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.
It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
My reading of history convinces me that most bad government results from too much government.
No free man shall ever be debarred the use of arms.
The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical.
‘I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.’
That fucking whore kicked my teeth in yesterday. AHUGH! Gave up almost 10 days worth of profits. Fucking bitch.
please take note of how stupid all of you sounds, chasing trends.
One day we are going to 600 s&p, the next 1,200.
Please. Get a grip.
There’s no trend. Yet.
If the market not only don’t go down, but rallies on the worst economic news in 70-80 years .. that is saying something.
In March 2000, the market couldn’t rally on news of permanent prosperity & a new paradigm.
Don’t forget….The ultimate fear & capitulation indicator: SPAM
http://www.timesonline.co.uk/tol/life_and_style/food_and_drink/article5295544.ece
bullshit. We had fierce rallies in 00-02, only to fail. We will not rally for too much longer.
The fly’s voice is the most calming thing ever lol. “we will not rally for too much longer” I feel like your pawn lol. Captain fly, lead on.
P.S. great story lol
On the contrary, will there be a majassive bear rally when we are done?
Look, Monsieur Le Fly; I don’t care which way the market goes … but aside from the dire predictions of financial astrologers over the next month (I know one who thinks we’re headed to the 600’s before a 50% rally launches) .. Friday was very bullish. I don’t get it either but I won’t argue.
http://slopeofhope.com/2008/12/06/tops_and_bottoms.htm
Read Tim the Enemy’s latest post. Dare I say (in your Kingdom), it is quite a good one. And he much prefers to be a bear, profiting on the misfortune of others.
two things:
I have to head out to Costco, so i’ll be brief.
Tim is a fucking moron.
Secondly, rallies are not born in December. We may follow through on monday. But, in my opinion, these rallies should be sold into.
Upside target for the Dow is 9200-9500. But, and you will mark my words, January will be an abysmal month for the exchanges.
I posted on Ragins latest gas missive but it got erased for some odd reason.
Basically, there are now articles predicting one dollar gas. The decline is over, but for a few pennies, a nickel or a dime. Buy UGA.
It wasn’t so long ago, they were predicting $10 gas at the pump. We all know how that turned out.
Maybe. I was inclined to think we decline into January, and maybe still do, but I’m open to one starting now.
Tim the enemy is up close to %100. Not bad for a low grade moron.
I agree with the Fly,
January will be abysmal.
But the next week will be up, up, and away.
trading range – 925 – 825 before going… higher or may be lower who knows. But we are going to turn back at 925. People that think worst news is best news will change their opinion this coming week once they ponder over the weekend and realize that this bad news – unemployment – is bad news and bad news only. No money to buy cars, homes or even inexpensive coffee. And no one is going to rush back next month and hire this same 530K people back on their payrolls. Enjoy the rally while you can…
Fly, the attached video is a report by Steve Liesman, economics reporter on CNBC, he is one of the serious guys on cnbc along with Santelli. Anyways, he discusses, video is from Fri. night 8pm central show, “Putting America back to work”, the prospective, I guess they mean estimated GDP number for Q4 08 (-5.6%) and Q1 09 (-4.2%), as released by Macro Economic Advisors, who you probably heard of. Anyways, I thought you might be interested in this brief report ;
http://www.cnbc.com/id/15840232?video=952688676&play=1
Charts are washed out .. retail, housing, comm reit, are just ripping … wait till oil stops declining .. the market will rip .. good times
enuf said
First time in my life I read something that long!But the sensation was stimulant…Off to the library!
Please check my website for the Six Star Knife Set which can be easily thrown at you trader/servant.
http://www.ronco.com/index.aspx
Fly, you gotta check this kid out. Funny shit!
http://little2rich4u.blogspot.com/2008/12/i-kicked-everybodys-ass-today.html
Lest you morons…uhhh…forget !!!
The Market can remain irrational…
…LONGER THAN YOU CAN REMAIN SOLVENT !!!
———————-
Tatoo that to your fricken foreheads…or, foreskins !!!
Whatever works !!!
.
atilla at xtrends calling for SPX 600 or lower by December opex, bring it on
2nd tier blogging.
To Thomas Jefferson:
re: that quote about inflation and deflation… as I understand it, that quotation is apocryphal – there is no evidence that Jefferson ever said it or wrote it.
He said the bit about central banks being more dangerous to liberty that standing armies – that’s true. But the last two-thirds of the paragraph – while perfectly reflecting Jefferson’s views – apparently dates from much later.
If I am wrong on this, please met me know. I would be very glad to be wrong, because it encapsulates everything I believe about the central banks and political parasites that infest the global economy.
It’s a bit like the Voltaire quote that goes something like “I may disagree with every word you say, but would give my life to defend your right to say it”… Voltaire never said or wrote that.
Cheers
GT
GT’s Market Rant
mrkcbill,
What now?
“Ron Popeil” a/k/a imposter
Don’t mess with Ron Popeil, he is an old fishing buddy of mine.
Also, he sold Ronco several years ago. So he can no longer use the “Ronco” moniker.
The new product: The Popeil Deep Fryer
Just watch and wait.
Let’s rally:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aniNd2kN.vdI&refer=home
LOL.
You are fuggin certifiable, and I mean that in the nicest possible connotation.
I think I gave you the “how this story ends” outline early afternoon on Friday, no Mortimer?
________
this made my losses less painful.. i laughed and cryed, sort of resembling my day, except that i dont have a servant and the beating i got , probably was more severe,…
shorts blew all in my face (sic?),
lets see what happens monday.,
This fucker needs his own tab, if only for the language discrepencies.
__________
Read Tim the Enemy’s latest post. Dare I say (in your Kingdom), it is quite a good one. And he much prefers to be a bear, profiting on the misfortune of others.
I just read it. Three points.
1. You shouldn’t be reading anyone’s blog who goes by the name of Tim. Tim is a gay name.
2. I don’t know who he is, but I’ll take Fly’s word for it that he’s basically a moron primarily because of point one. I used to beat up people in the school yard that went by that name. Only Donny is worse as a name especially if they refer to themselves in the third person. Even if innocent such people should be put up and convicted on rape/incest charges.
3. His comment isn’t bad for someone called Tim. It’s a little gay, but not badly thought out.
Hilarious fucking post!
Mother market did make sure baby didn’t fall out of bed again. She tucked us in safe and tight, with a tear in her eye for our future work in the mines, far underground..
Caught my daughter’s debut in The Nutcracker this afternoon, and your your nine foot woman was spotted on stage, under the code name “Ginger.”
She was smiling, though.
_________
http://sacramentofordemocracy.org/?q=node/view/22273
GT: Don’t know if I really said that. But its out there.
Don’t hog that mike, fuckface!
Thomas-
That was an interesting link and piece from the New York Times that they spoke about. I have always said that the group from Goldman run the entire financial world in the New World Order style.
Fuck Goldman. May they go down like Mer, LEH, WB. But we know that will never happen
If fly is correct and next week will be up and January is going to be a down month I will have to do some serious repair to my short positions this week. Because a lot of people were short after all of the bad news last week I believe that last weeks rallies were short covering rallies. That may spill over to next week
The Pakistani High Commissioner in London, Wajid Shamsul Hassan, says India was ready to launch a military strike on Pakistan in retaliation for the Mumbai terror attacks, Sky News reported.
Hassan said British and American officials had to intervene to prevent India from carrying out an attack.
“On the day of the Mumbai attacks, I got some information in London that India was going to act very drastically against Pakistan in retaliation to what happened,” Hassan told Sky News.
The senior diplomat alerted the Pakistani government and President Asif Ali Zardari to the threat.
http://www.foxnews.com/story/0,2933,463126,00.html
Kid & The Donny,
If it gives you in consolation…my tuchus is really sore.
http://www.abledata.com/product_images/images/07A0556.jpg
I’ll be watchin Jan 6th Congrats and awesome finish down the stretch 60 5 straight weeks… something else!
Why stocks have been gyrating and gold weak:
http://seekingalpha.com/article/109210-the-manipulation-of-gold-prices?source=article_sb_popular
“Gold buying enthusiasm, everywhere but at the COMEX, is at record levels, whereas stock market investing appetite is low. For this reason, when the Fed tried to constrict the money supply on Monday, it caused more damage to the stock market than to the price of gold. Gold declined by over 5%, but the S&P 500 collapsed by over 9%. The next day, the Fed eased up on the money supply spigot, allowing the dollar to fall and the stock market to reflate.
If the Fed repeats this performance over and over again, stock investor psychology will be seriously harmed. Withdrawals from mutual and hedge funds will accelerate. The stock market will sink at an uncontrollable rate, and the world will surge onward toward Great Depression II, much worse than the first.
At some point, there will be nothing the Fed can do about it, no matter what manipulations it attempts. Hopefully Ben Bernanke is aware of the dangerous nature of the game he is playing.”
What a miserable week I had. My oil trust sank to unbelievable lows, I bought FAZ mid week only to see it crash and I lost 1800 on that trade. Thursday 5 minutes before closing I bought TNA and BGU only to panic with the horrible unemployment news as I watched these two stocks go down early morning…and sold both at a loss totaling 600.00 Then only to buy the shorts (TZA) as there was no FRACKIN WAY the market would rally on 5000 + job losses ….only to see the shorts tank..and lose another 800.00. Then to add salt to my wounds watch my original TNA(that I sold early) blast out to the moon in a rally end of the day.
Pisser…..Crapola, those x3 will be the death of me yet. WHO rallies on the most horrible news? I guess if the market rallies on this news…the TURN HAS COME. Some ‘ old wise person’ I read in a trading book said,’when markets rally on the worse news it means a bull run”. OK So Monday I am going for the Bull….I did buy about 3 minutes before closing my TNA back that I originally had for 7 dollars cheaper -now have at 29.09 including fees. If that sucker goes down instead of up, I will be manic…the way this bull ran on Friday I think things will continue to go up on Monday morning and take out new highs before possibly having a pull back later during the day. I think the momentum is there for some new highs to continue. I am so glad to see that MR FLY had as much of a depressing day as I did. I’ve lost 45% of my portfolio since summer…God do I need help….but I dont feel so totally stupid after reading this blog. Mr Fly gives me comfort. 🙂
Fuck off, Lady.
Lady G, you’re trading on emotion. That will wreck your account.
Woodshedder….apparently I am not the only one. 🙂
I do use technicals -indicators told me ‘ over-bought, over-sold, but the market traded on emotions…as it went UP on the worse news…theres no fundamentals or technicals in THAT.
Mr Fly—-Love you anyway.
I Remain,
The lovely Lady Guenevere….damsel in distress
fly,
I enjoyed this post despite the raft of grammatical errors and historical inaccuracies contained therein.
In fact, it was so good I almost feel too lowly to comment here.
And one note, to the one signing his comments “GT,” back off… that’s way too close.
-DT
You might feel less distress if you “ride American” and then kick your steed up from a trot to a gallop for 4-7 minutes.
Just sayin’.
fly,i think u were a day early on your short call.i think we shit the shower on monday. damn money given to the banks used to fuck with the market instead of lending. just my thoughts.
Fuck Rally…. We have states running out of money ? Market Rallies ? Fine GM saved from bancruptcy for 10 billion… Now California is getting a loan, that sounds like things are getting much better.
no paychecks = no fed/state/RE or if you want go further much less now being paid into social security.. I can only but laugh. When our country cant get a bid on bonds to generated money than who will we get a loan from ? China hahaha
*
China’s economy has slowed down considerably in the first 10 months of 2008.
*
Over the past year, the impact of the international financial turmoil on China’s economy has been manageable.
*
Overall export developments mask significant differences between sectors.
*
The economic impact in China of the international turmoil is set to intensify.
*
China’s overall growth in 2008 has been affected by slower domestic investment growth, partly in response to tighter policies.
*
The real estate sector—a key target of the policy tightening—has seen a particularly pronounced slowdown.
*
Weakness in real estate construction has contributed to a sharp slowdown in several “upstream” industries.
*
The impact of continued real estate weakness on the financial sector and households’ balance sheets is likely to be modest.
*
Even so, because weakness in the real estate sector affects local government revenues and economic growth, the government has taken some supportive measures.
*
Most other segments of the domestic economy, notably consumption, seem to have held up reasonably well so far.
*
With the trade surplus soaring again, foreign exchange accumulation continues.
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Inflationary pressure has receded.
*
The effective exchange rate has strengthened considerably.
*
Despite capital controls, China’s equity markets have been affected substantially by the global slowdown.
Oh my fucking god……….I always wondered what she looked like. I can’t believe she actually made an appearance in the flesh, but where else would she go if not Fly’s office? That was ridiculously hilarious…..
due to the geographical forces and huge govt. spending who in their right mind will be consuming? not me. maybe in 5 years.
Jakegint Says:
this made my losses less painful.. i laughed and cryed, sort of resembling my day, except that i dont have a servant and the beating i got , probably was more severe,…
shorts blew all in my face (sic?),
lets see what happens monday.,
This fucker needs his own tab, if only for the language discrepencies.
__________
mr . Jakegint:
for your information i have never been in an english speaking country and i tought the language myself.
but at least i took the effort to learn and make myself understood.
thanks to all of you , my trading has improved and my english too.
great post, fly. i imagined i was reading it in front of a fireplace on xmas eve.
well done with the english, colombian guy. keep it up.
Position size. Stop Loss. Target.
That solves the problems of 99.9% of these posts.
See you monday.
This might be good for GM, and just the kind of fuckery I expected will mess about with the oil price as I sit on ERY at 50.90 – the other, other Obama Rally: through the Khyber, to cousin Mo’s cave we go:
More than 160 US, NATO vehicles burned in Pakistan
By RIAZ KHAN, Associated Press Writer Riaz Khan, Associated Press Writer 3 hrs 5 mins ago
PESHAWAR, Pakistan – Militants torched 160 vehicles, including dozens of Humvees destined for U.S. and allied forces fighting in Afghanistan, in the boldest attack so far on the critical military supply line through Pakistan.
The American military said Sunday’s raid on two transport terminals near the beleaguered Pakistani city of Peshawar would have “minimal” impact on anti-Taliban operations set to expand with the arrival of thousands more troops next year.
However, the attack feeds concern that insurgents are trying to choke the route through the famed Khyber Pass, which carries up to 70 percent of the supplies for Western forces in landlocked Afghanistan, and drive up the cost of the war
Great stuff, Fly! You pen masterpieces in good times and bad.
I stand corrected. – it was Saturday (rather than Sunday as I surmised) when the Congress started to lube up the taxpayer anus for another session of reaming.
And the cunning fucks are trying to jawbone by pretending they’re only giving the ‘Big Three’ (losers) half of what they asked for. The next $50 billion will come after Jan 20th – again, with the claim that they’ll be profitable by the end of next week, and will produce hybrid rainbow unicorns that shit mars bars and piss Mountain Dew.
Asian markets will open with a ‘pop’, but as I often say, fade that shit. Any nuffie orgasm will be temporary… all the dyed-blonde-autocue-reading in the world can’t save this market.
The question everyone should be asking is WHO IS NEXT (for bailouts). Homebuilders? Airlines? Luxury handbag makers? Child prostitute vendors perhaps. After all, child-whore pimps are VITAL for the weekend antics of politicians; Washington would melt in a frenzy of unsatisfied deviant libido if the US political class were unable to get their wild on with kiddies on a regular basis (killing them by remote control is almost as satisfying, but they really prefer to anally rape them first).
Cheerio
GT ( > DT since G > D and plus. I’m probably WAY older)
GT’s Market Rant
Proudly lowering market discourse since inception.
Anyone here an SnP futes basis trader? Just had a quick question if anyone is.
Also, anyone know what type of cigarettes our next President smokes? Just wondering if other “Hypnotized Obama Manics” will start a trend?
Finally fuck FXP, I am out of this whore. After doing more work this weekend it looks like its a losing trade no matter which way you look at it. I will not be using that vehicle again. I will use the 3x direction ETFs though, if you watch them closely there is a spread to be captured 😉
Top Pick: 6 month play on DXO long right here right now. Set it and forget it.
DT:
I can outpen you anyday. Let’s have an “essay-off.”
BTW: Columbian guy’s IP is from Bogata. He’s not bullshitting.
Marlboro reds. Supposedly he quit. But then again, he admitted smoking again a few months ago.
FXP is a train wreck.
MR. FLY.
id never bullshit you.
for me you are a sacred figure.
and i rarely bullshit people, except for my soon to be mother in law when she asks if i went to church last sunday.
off course im colombian, born and raised..(swedish ancestors anyway.)
psdt.
Columbia.. wiht a u , its a place somewhere in the u.s.
Colombia wiht an “o”. its a country in south america where i live .
bankcoin related.
-the crisis its coming here but not soon, (very healthy financial sector, but at risk because 10% of the population got into ponzi schemes with bank loans )
-stock market down 25% this year, but was the second in growth in 2006. (volume is so low it will scare you)
-interest rates are really high , 30% a year for a loan and you get 7% after a year on your deposit.
-hot women everywhere.(that off course includes my girlfriend)
-75% of the country is safe. you have more chances of being killed in washington dc than in any of the important cities of colombia.
-only .003% of the 44 million population works on the cocaine business
-20% of the population its below poverty line
-juan valdez wants to buy starbucks now that it is cheap.
Hey Colombia Guy- You play any golf? I have watched Julieta Granada (from your country) play as a junior and my son played with Manuel Villegas (Camilo’s brother) in a tournament awhile back.
Columbian (sic) guy’s IP is from Bogata.
Wow, would the Mrs. kick your ass for that shit.
_____________
To Colombian Guy — no offense intended. I really do think you’d be an awesome tab.
________
Malaka Says:
Fuck Rally…. We have states running out of money ? Market Rallies ? Fine GM saved from bancruptcy for 10 billion… Now California is getting a loan, that sounds like things are getting much better.
no paychecks = no fed/state/RE or if you want go further much less now being paid into social security.. I can only but laugh. When our country cant get a bid on bonds to generated money than who will we get a loan from ? China hahaha
Ever hear of PRINTING money? That makes stocks and gold and house prices and the dollar value of pension plans go UP, and the real value of our DEBT fo down.
to mr tradercaddy.
yeah.. i used to play golf. but i suck at it..
switched my clubs for guitar, bass and piano.
i plan of getting back to play this year.
i have heard not only they are very good players (so if you play with them you are definately kicking ass)
from the villegas family all i know is that they ar every hard working nice people.
happy trading.
of course like your web site but you have to check the spelling on several of your posts. Several of them are rife with spelling issues and I in finding it very troublesome to tell the reality on the other hand I will surely come again again.