Mr. Doodles was enjoying a generous serving of saltine crackers, cheddar cheese and a tall glass of water, at his dining room table, when his furnace rudely exploded. Quickly, he finished the plate of saltines, grabbed the cheese knife and glass of water, then raced over to the furnace, which had caught fire from the explosion. Thinking fast, Mr. Doodles threw his glass of water at the blaze, put his cheese knife on top of the flaming furnace, then waited for results.
Unfortunately, it had no effect.
Still quick on his toes, Mr. Doodles raced upstairs to get a fire extinguisher, that he kept neatly tucked away in the attic. Before grabbing the fire extinguisher, he went to his computer and checked on some emails, in a rushed fashion of course, for he was expecting some sort of very important reply. Cognizant of the task at hand, Mr. Doodles grabbed the fire extinguisher and hurried downstairs to fight the blaze.
When he got there, much to his chagrin, half of the furnace room was set ablaze and spreading fast to the living room. In valorous fashion, at the top of his lungs, he yelled at the blaze, saying: “Who art thou approaching my plasma television? I shall slay thee with this vat of foam!”
Before he uttered another word, the telephone in the dining room rang out. Quickly, he dropped the fire extinguisher and raced for the phone. He chatted away for about 5 minutes, while chewing on some saltines. Then he excused himself, exclaiming: “I art thou a fucking blaze to extinguish.”
By now, the blaze had spread to his living room and was about to devour his prized plasma television and silly DVD collection.
Mr. Doodles, with the firmness of a penis under the influence of 10 viagra pills, picked up the fire extinguisher and shouted out: “Thou art as good as a cadaver, old blaze. I shall slay you where you stand.” However, at that very moment, Mr. Doodles felt like smoking a cigarette.
Hurried, Mr. Doodles took out a Pall Mall cigarette and used the adjacent blaze to light it. Frantically and furiously, he puffed away at his cigarette, while watching and cursing the wretched blaze, as it spread from room to room, ripping through all of Mr. Doodles’ prized possessions, including his silly DVD collection.
Finally, he finished the much needed cigarette, and said to the blaze: “Motherfucker, I shall blow thee to the cliff and laugh at your burial. Prepare for death!”
With grit and determination, Mr. Doodles picked up the fire extinguisher and began to douse the stubborn inferno, with great zeal. Elated in triumph, Mr. Doodles sang songs of victory, as he put down the conflagration; when all of a sudden, a secondary explosion occurred in the furnace room, sending his cheese knife whizzing to his person, conclusively cutting off his cock.
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Pure platinum, old sport.
I love stories with happy endings..
Zombie is a saltine.
Reminds me of a story I saw on TV today…
I have that gross discusting feeling that you get when youre walking out of a strip joint, full nude of course, at 3am on a Tuesday night.
The only thing you want to do, after banging the two stripoers back at your place, is kick them out and take a fucking shower.
Good Times.
So, the exploding furnace and fire is the financial markets and Mr. Doodles is Geithner, Obama and the other asshats. And it was CNBC on the phone.The knife is the angry mobs.
Doodles…is us.
And my wiener hurts, too.
very good John
so you’re saying we should buy the open?
Hilarity and a moral. Tim Geitner as Mr Doodles?
Standing O.
Author Author
Hey Fly – is traffic down lately, or did the chatter among the regulars just move to the PPT? Seems awful quiet the last couple weeks.
PrecipeEquity,
No dude, its an ironic metaphor…to sell short
http://www.sec.gov/cgi-bin/browse-idea?action=getcompany&CIK=0001022344&owner=exclude&count=40
Simon Property files shelf SRS++++++
That’s a charming story Fly but I prefer your non-fiction like the one about your killer fish what’s-his-name.
If you go to 90% cash, come on down and join us for a cold one this week http://www.phillybeerweek.org/
None of these drunks knows the world will be ending presently but not pleasantly.
The market will cornhole the most participants it possibly can at THE most opportune/inopportune time at will (not your will I might add).
Mama’s for Obama/Gays for Geitner/ is too smart/stupid to know this and therefore will not know what the fuck hit them and why but they will use it to their advantage.
Be warned that when the Economist shitsticks like Roubini and Rosenberg err so terribly to the downside that your entire balls and penis are completely ripped off your body you will know it is the bottom (at least intermediately).
Other than that go fuck yourselves.
Flux Capacitor Says:
Hey Fly – is traffic down lately, or did the chatter among the regulars just move to the PPT? Seems awful quiet the last couple weeks.
I noticed that too but, since LadyG was all about SeƱor Tropicana’s picks and doesn’t deign to consort with the rest of us – I don’t mind much either.
There are two kinds of readers on this site:
1. Those that only care about the picks so they can make money without thinking
2. The rest of us that actually care about the discussions, debates, general jibber jabber as well as the picks.
I for one, don’t intend to become bitter if it becomes a two tiered site.
I hereby nominate Fly for Pulitzer for this post.
Brilliant work.
Way early yet, but futures looking to be up, so another fade morning coming, unless a European bank decides to kick the bucket
http://www.sitemeter.com/?a=stats&s=s13jogon&r=33
Not that it matters much but my browser is set to refresh this site every 30 seconds (minimum 2880 hits per day) and its open on at least one of my computers at all times. Great hitcounts though Fly, congrats! I have watched this site grow over the past years from a posting of IM conversations to a full blown financial site, thats progress,
Anyway in other news, as I previously reported I am heavily in DXO since 2.08 and have been for some time now buying it down to 1.78. It looks to me like world tensions are becoming very very strained and oil is set to explode. We have Iran, China, North Korea, Venezuela and all the other worthless piece of shit Arab countries all piling in and bashing everything and everyone. I think we could have a world war 3 on our hands or at least some bad conflict that will explode DXO higher. Watch for it.
Gap N Yap
I think you’re right about the tensions…
http://news.bbc.co.uk/2/hi/asia-pacific/7933171.stm
AND you all have personality disorders
http://news.bbc.co.uk/2/hi/asia-pacific/7914357.stm
I have been wondering where Boca has been. I miss reading her posts. Had a calming effect.
I have been buying up DXO, too. Not with glea in my heart though, more out of fear, like what you just posted Gapping, I wonder if people can’t bear to read all this seriously bad and scary news.
I make myself keep reading here because I refuse to give up what I set out to do, which was to learn how to make money at this, but some days I close my computer down with a stomach ache.
BTW, Jake that was a really cute vid of the brave little three year old. OMG, was she ever cute. Thanks for that.
Nice allegory. Well done, sir!
FAS holding tight. Explosive move…higher…coming soon?
but I don’t like saltenes
Obama, Mr. Doodles, should have watched “A Christmas Story.” Oddly, once his “furnace” is fixed the feral miscreant dogs will run wild through his house and consume the prized hams. Choose your analogy accordingly.
CNBC’s analogy would most likely be, “Smart money on the sidelines Chinese factory workers pilage the southern United States for their obese housewives. Buy stocks!”
It was a turkey, bitch.
hmmmmm:
More appropriately, it was a turkey the dog pack gobbled
Pure genius as usual. You’re the man Fly.
Now, buy my new CD!
Possibly one of the funniest posts from you I have ever read. Keep shit like that coming, those posts make my week!!
ZM
Flux Capacitor:
Go fuck a time traveling stainless-steel minivan.
Those of us with one healthy lung and a gigantic ball sack prefer Lucky Strikes. Pall Mall’s are for fucking pussies.
I’m sending this story to the White House, through their comment submission form.
And the reason why I come back here?
Fly posted the site meter in response. I don’t always agree with him but that’s worthy of respect.
Weekly average was ~81k before PPT. (based on Dec-Feb)
Looks like you’ll bust that based on the first week’s numbers this month.
It appears there are more readers than posters is all.
There can be no happy ending, unless of course Fly comes symbolically busting out of a packet of Quaker Oats…
Look how much it’s grown since last August. Wow, was I ever wrong, too, about there being less traffic. That’s impressive!
That site meter is going to combust when news gets better and the market turns around. Can you imagine?
A Bedtime Story…
http://www.presidency.ucsb.edu/ws/index.php?pid=14540&ref=patrick.net
U S “mapping” Chinese U-boats via sonar as they are launched (monthly?). Must be a bitch to keep track of all those new subs our U S $’s are building ….
A double insurance claim and a porn in the works with the bobbitt crew.
Hey folks,
First post here from Rio de Janeiro.
Fly, as always, brilliant post!
As for my portfolio, I continue to hold those shorts. I covered half my NTRS last week at $50 and will hold the remaining 1000 shares to $40.
I covered half my remaining BBBY at $20. The remaining 1,500 shares I will hold to $18.
I also took off half XOM at $65. I will hold my other 1,500 shares for a move to $60.
My other shorts (some of which I’ve now held for little over a month and continue to hold full positions on, without having covered a single share because they have not yet hit my targets) include:
V, GS, AAPL, YHOO, AMZN, CPKI, STC, HOTT
Full disclosure: YTD performance, 34%
Full disclosure #2: I’m aware of how oversold we are but don’t see any reason to cover, despite the daily bullshit I know get from Doug Kass and the Fast Money circus crew.
I had a different read on the story:
Doodles: Warren Buffet
Fire: Econ crisis
Knife: GE
Catch The Sequel
Mr.Doodles files an insurance claim?
If terror is fear, then how would you say the “war on terror” is going?
Has fear been defeated yet?
Mr. Doodles didn’t seem to be struck with terror so……. We won. Terror is defeated. Carry on. The war is over.
Good picks Phil. Enjoy the weather.
S&P fut +4.1
Nice job you insane fucker.
And it was kind of you to leave off the prequel, where Mr. Doodles throws the three sticks of dyn-O-mite! in the furnace.
_____
Good for you, Phil. Hope Brazil central bank is everything you hoped for. Keep posting as the US goes Mad Max.
And save room on your sofa for iBC “visitors” from up here.
_______________
Best Daily Show ever tonight with cramer and cnbc called out as liars and fools.
Just good to see that somebody else notices.
Best Daily Show ever tonight, btw, with cramer and cnbc called out as liars and fools.
Just good to see that somebody else notices.
Good for you, Phil. Hope Brazil central bank is everything you hoped for. Keep posting as the US goes Mad Max.
And save room on your sofa for your iBC pals.
to fly from arnold: please engage…http://www.contrahour.com/contrahour/2009/01/martin-armstrong-the-coming-great-depression.html
fly… one more. http://seekingalpha.com/article/103613-on-martin-armstrong-s-it-s-just-time
Okay, it took me a while, I had to dodge the riots and get to the store, but I got everything for Smores, is the fire still burning in the bsment?
Anyone for Smores?
BTW Did Mr. Doodles pay his carbon release tax for a unregistered fire?
Good one. Reminds of the time I flooded my dads furniture store with a single orange peel tossed into the latrine. The truth is my orange peel hardly did much. The real damage was done when pop found the small pool of water in the bathroom and floating orange peel. In a burst of rage he pulled the toilet from floor with his bare hands and tossed it down alley breaking it into smaller pieces. The water came flowing forth and many boxes full brass headboards and dinette table tops were soaked and the floor warped still squeaks to this day.
http://zerohedge.blogspot.com/2009/03/moodys-releases-leper-list.html
C Yesterday 11:14pm EST/Today 03:14am GMT
Citigroup Inc In a internal memo, the company’s CEO Pandit said that the bank was profitable in the first two months of 2009 – NYT Deal Book – Pandit added that the bank’s key capital ratios were strong.
C Yesterday 11:14pm EST/Today 03:17am GMT
Citigroup Inc in an addendum to an internal memo, admits that Vikram Pandit is barely qualified to run a slurpee machine. Pandit added “thank you, come again.”
Sucks to live in Mr. Doodles’ neighborhood.
no doubt these banks are making some profits. that’s the main reason why i don’t think the world is ending. problem is we need to ride out the stank of the giant garbage pile that’s rotting in their storage closets, and that could take 5yrs.
Phil,
Thanks for the position updates. Here’s hoping Brazil is even better than you remembered.
Forget C…they are the most recent sacrificial lambs. Errand boys. I’ll keep you in the right direction if I can, but that’s all. Just… follow the money.
You let Goldman slip away.
It was a Goldman operation. Goldman, knowing that the mortgages were toxic, paid off the rating agencies to fraudulently rate CDOs AAA. They then sold the now AAA-rated CDOs to funds and investors. Then, knowing that the CDOs were toxic, went to AIG (their bookie) and bet against the CDOs so that they could pocket the money when they failed.
The SOTs are cover. The POTUSs are figureheads.
Snapini – Once, in a drunken rage, my dad threw our family refrigerator across the kitchen. He was one mean mug. Golden gloves.
Look at Deep Throat goin’ old school conspiracy… We’ve used GS to issue our new FEMA Freedom Construction Bonds… every citizen needs a stylin camp hut to call home
GS has been a good Patriot ogranization from way back
After reading the headline and the first paragraph about Mr. Doodles, the cheddar cheese, and the furnace exploding I thought you were going to tell us the story of how Cheez Doodles was invented.
lets pick up some tits n ass! (TNA)
FAZ getting ass fucked finally..FAS rises from ashes of margin calls and cheap gin…TNA to 22 in a week…perma bears gored after weeks of continuos buffet binging ala Fort Lauderdale at 3pm on Tuesday afternoon…
Is this the one? Is this “The” rally….the Art Cashin Patty’s Day monster? The Doug Kass 70 year P/E ratio rally of a lifetime. The Dick Bove Ken Lewis Victor Sanskrit we had a great 1st qtr (besides our 600bil in vapor loans) bounce. The Swannie/Fly Coffin Hating TNA Twitter Tits get rich quick shamwow graty effect rally. NO
It’s The Lady G rally!!!!!!!!!!!!!! 1000 10,000 Giddy Up
http://www.rallymonkey.com/video/kenindex.swf
in classic fashion, the place to be is banks and oil… well, until the world ends again, at any rate.
Mind-numbingly good prose. Think I smoked weed with Mr. Doodles in Canyonlands while listening “Where the streets have no name” sometime during the peak of civilization.
I see the moral of the story as the more Mr. Doodles weeded out by the Apocalypse, the more Karen Tsos for the rest of us.
So that’s it? The bear market is over?
Whew… thank God. It will be nice to make some money on the long side for once.
mrkcbill (the nicest guy on this blog…per the Fly) starts each morning with a bowl of Captain Crunch, a juice box, and a gummy bear chewable vitamin.
GOOG pops at open then meets the hammer
Let the face-ripping rally commence!
lol–That’s the real jed.
Didn’t we see this movie yesterday at the open?
Get ready for the fade like they always do. Gap up, short to flat or down. If we can get this bitch going 2 days in a row we could see a massive squeeze. However getting it going is the hard part. We MUST get over 700 and hold it.
I think it’s a bit different this morning, Moe. The market is now chewing on the novel idea that C could actually be profitable this quarter.
If they remove some or all the market to market rules on the 12th this thing could fly… or at the least the fins are concerned.
my hat is turned inside out….for now
Fly, can we get a golden cow up in here?
Where is all of this so called cash on the sidelines? I love it when people come on CNBC and call a bottom.
Jed, brings a picture of Zach Karabell with him to the barbershop.
Short Squeeze in VNO
You dice clayed me
WTF – Citi had a strong start to 09. LOL. Pandit must be part of the high self-esteem generation where kids who earn Ds and Fs are told they are doing well.
Fly – Thanks for the classic post.
chanci – I was wondering the same about Boca.
Cuervos – I think you nailed it about the readers/posters.
Jake – Great vid on the 3yr old in the previous thread.
And the battle for 700 commences…
T MOE buys more SRS at 83
SKF shitting the shower at the moment..who bought it yesterday..?
Got out of SKF last week. That bitch is only good to hold for a few days or a week or so. Any long and she will rip your face off
phil,
welcome back to the boards. hope you are settling in well.
Pandit the Bandit says that C would be profitable–IF–there were no provisions for losses or other charges applied. LOFL.
Hopefully the rally sticks anyway.
It’s about time we had a rally to reload shorts.
I’m with you there Thunderpup. We saw this movie last Tuesday. A rally led by the banks only to be hammered the next few days. This one will be no different.
T MOE shorts SPY at 71
Who knows if this is the relief rally?
it is different this time, this rally is gonna hold… too many very smart people (Faber, Ritholz including) called for a big rally…
Geithner shaving his head and learning to stutter..i went long last friday on this rumor…
Key words in beh’s post ” too many”
The most used words in market speak ” it is different this time”
yeah right. The banks are all fine
Fly any targets on PCR?
I wouldn’t short this rally. I’ve been short this whole time. I shorted WFC from $16 to $8. BAC from $6 to $3, HIG from $16 to $7, JPM from $25 to $17. Making money on the short side was just too fuckin easy. I think things have changed. I think we could have a monster move and a rally till May/June. We could see 25% gains on all the major indices.
I am looking to get long on any pullback. Seriously people the news is so negative. Everything looks so bad. It feels like the world is ending. If there was ever a time to take a leap of faith and get long, its now.
Cap weren’t you saying the same thing last Tuesday. That rally lasted one day led by short covering and this one is no different. Shorts have to take profits at some point.
the rally is just about over. I’m shorting the mini’s here…
another key words in beh post “very smart” š
12 contracts short now…
TMOE- The rally was Wednesday not Tuesday. That rally is the reason I am bullish. That was the first rally attempt and it failed. Failure caused the last of the bulls to capitulate. Right now all financial pundits are calling for Dow 6000 S&P 600 before any rally. Its accepted that the market will reach those levels. Kind of like how it was accepted the Dow would hit 15,000 back in 2007 during the bullish days. Things have taken a 180. Now that everyone is calling for Dow 6000 S&P 600 I don’t think we will get there atleast not this fast. We will have a nice 20-25% rally here till May/June. Atleast thats how I am playing it. Currently 50% cash . I am looking to go long.
Bob Pisss-on-me is a moron..whining yesterday..pretending he knows what the fuck is going on today…smash him with a triple Venti fag steamed latte in the head..another dumb cnbc bitch…
Not a put-all-your-chips in rally. Just enough to sucker in the fools and get the late/recent shorts to cover. Options strike prices playing a small role here also.
CAP are you not also short JPM at $15.40
Geithner shaving his head and learning to stutter..i went long last friday on this rumorā¦
Comment of the Day!*
________________
*(possibly, “the week!”)
___________
shit.
Test!
_________
Geithner shaving his head and learning to stutter..i went long last friday on this rumorā¦
Comment of the Day!*
__________
*(possibly, “the week!”)
__________
Covered my JPM short on Friday $15.7. Covered my HBC short from $38 yesterday at $24.5.
Good article http://www.minyanville.com/articles/Bernanke-Credit-fre-fnm-banks-funds/index/a/21504 . If something is done about this, we could see a lot more upside in financials.
Without capitulation there will less likely be a rally. We had capitulation Nov 20th and 21st, 2008. Pundits proclaiming doom are of less effect due to their consistent appearances.
“Bob Rodriguez to Step Back from Managing Funds at FPA. Rodriguez says that he will take a one-year sabbatical beginning Jan. 1, 2010. What will he do on his sabbatical? Rodriguez says he aims to recharge and try to get a broader perspective on the economy and the credit crisis. If invited, he might even consider aiding the U.S. in its management of the crisis.”
Not so much fun or easy right now Fucker! Yea take a vacation and let your underlings handle the calls.
I’m glad people are shorting up here. It will help fuel the follow through tomorrow.
mrkcbill believes his morning “milk mustache” makes him look suave, urbane, and debonair.