Forget about all of the rhetoric. Let’s trade the market that is in front of us, shall we?
I like short euro, via DRR. And, I think XOM will be “ape raped” shortly. I cannot express my sincere enthusiasm for DUG/ERY enough. May the stocks Gods come down to Earth and strike those who are long crude, with thunderous lightning bolts and fierce waves of supersonic punches to the nose.
I blew out of my SWHC position, north of $3.90. Finally, I am done with it. Other than that, I have not traded anything. I’m sitting here, in my glorious throne, trying to decipher the market.
On the long side, I like GLW and WNR. On the short side, I still like ESS/FRT. However, I will not add to them just yet. Look you, the market should be getting raped right now, but it isn’t. So, instead of being stubborn about it, I will use my good fortune of being up year to date, and in possession of a large cash position, to play the obvious upward bias.
The Fly is God…The Zombie is an Ass Clown
Fly:
I’m starting to think there are too many players short Euro. market needs a good throttling before it’s ready to trade lower.
Look at Euro Yen.. it’s put on a lot of beef this morning.
J:
Nah. The EU is fucked hard. Short at will.
The day is early
The new month is near.
The 6 handle will come on both the S&P and the DOW
Upward bias??
Get in the funnel and be rewarded.
TWM, SRS, Short SPY, Short GS Short VNO
I’m bearish on the euro, but don’t think its a good trading vehicle against the dollar. The crosses are better …
if you think the continent is going to be fucked (worse than great britain) because of eastern europe, short the EUR/GBP
if you thik the swiss are even more fucked than the rest of the continent, go long EUR/CHF
if you think the japan safe haven/repatriation trade is still valid, short EUR/JPY
starting to average into MET here, will accumulate 50k on the way to 15…
If the market firms up what is the better bet? TBT or DZZ? Seems like bonds are losing their appeal. I didn’t notice bonds rally during the last couple of downward spikes.
Cheers
The FLY Says buy SFLY.
Wow look at SFLY rip.
Bumped from prior:
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Too bullish? Get medicated…
I’ve been on this shit since November 2007, and let me tell you, it’s GREEEAAT!
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Feeling a little guilty after buying the Hummer or the 5 liter merc from shorting stocks. Want to do something for the planet from ecological destruction?
Here’s reusable toilet wipes so you don’t send toilet paper down the sewer and wreck the planet;
Every Greenie should have them. …
Ladies and gents meets the Wallypop.
http://living.wallypop.net/wipes.html
Sorry real Fly that was me
: ) I’ll send you a mug.
sfly —nice
Actually I’m sending you a $15 dollar apron with an iBankCoin logo on it.
my suggestion to Cuomo: water board Ken. He’ll talk.
Fly
Does the PPT calculate with intra-day realtime data, or only closing values?
Henry
PPT updates throughout the day.
Did you ever notice that the guy on the street or on this blog know more about the country’s problems than the White House. To me if you are not sitting in the drivers seat AKA
the White House who don’t tell the ass public the real truth you are wasting your time. Like pulling the troops back to the USA. Could it be that they think there is a need for troops at home to fight the possible revolts ETC. How about protectionism? Russia has been doing it for 5 months. To me this recession is the best smoke screen the White House can use to start a new war or things like that. They used UFO’s to keep the stupid public away from government projects. Look if you are reading free or public information and using it for future market or stock prices you are the Herd. CNBC will be used to smoke screen the public [have you noticed the government people giving advice and information].
Fly, glad you finally figured it out and went with MY key reversal rally call. Better late than never. Keep trying to keep up with me.
If the market firms up what is the better bet? TBT or DZZ? Seems like bonds are losing their appeal. I didn’t notice bonds rally during the last couple of downward spikes.
Cheers
No question TBT, which is the “food of the gods” quite literally. Manna from heaven, to mix theological didactics.
DZZ will bend you over like a chancre encrusted dawg, presently.
Think about it — you think a socialist gubmint with a bank problem and a 1.8 trillion (!!) projected deficit is NOT going to run the printing presses like the Kaiser just got deposed?
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Cramer gave WNR the kiss of death by going with MRO instead. I bought WNR @11.30
Western Refining [WNR 11.50 0.07 (+0.61%) ]: Go with Marathon Oil [MRO 23.66 -0.49 (-2.03%) ] instead, Cramer said.