No need to apologize or kneel down at my throne. “The Fly” knows you can’t help yourself, thinking like a small retarded baboon—in pursuit of a moving banana tree. I’ve been bowling on people, such as yourself, for many, many years now. But this isn’t about me. Let’s talk about the market, shall we?
The market is obeying previous trends, as outlined by Plutonium Petey in The PPT, and I quote:
“My take: At a minimum, there was no rush to short the market, following the big drop in Hybrid scores. This is why I did not sell my longs and short the market in any size today. Out of all previous 15%+ dip in Hybrid, 3 out of 4 times the market traded up the next day.”
Believe me, no one wants to see the market drown in its own blood more than me. It’s just not time for that to happen. Fucking deal with it, assholes.
Right here, right now, I am enjoying the momo in select names, like STAR, TBSI, ODP and ALU. In all seriousness, the current 3g network is being stretched thin. Look for telcos to expand their efforts for a 4g network, with all of its trimmings. As unbelievable as it may seem, the networkers and wireless operators have a bright future.
As for the banks and cre, I own a small amount of SRS/FAZ and will hold it indefinitely. It is my belief that the rally will cease to exist in May. So, barring a huge dip, I will hold onto my current shorts and add to them in May.
Let this be a lesson: never fuck with “The Fly,” even when he appears to be losing badly. Most likely, he is clandestinely winning.
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FIG
Time to sell boys. The action in PALM NFLX APOL is telling.
Buy gold short BWLD
!dog si ylf
As I have noted in the PeeG as well as other places, the FAS-FAZ trading system triggered a sell at the close yesterday in FAZ and went long FAS at the close @ 6.98.
The Agosto index is up 1.23% since it’s trigger on Friday’s close on a purchase of DOG.
Finally, the 357SPY system triggered a purchase at the open today and is currently up 1.96% today.
STFU your nothin but a fuckin stock chaser capt asshaat your not nearly as hot as you think you are
Shut up DUDE WITH COMMON SENSE.
Cuervo
I witnessed your FAS/SPY call in realtime today. Very nice.
props to you FLY
dude w common sense … you spew conventional wisdom, however da Flea is anything but conventional .. normal rules do not apply
LOL @ all the idiots here yesterday bragging about buying FAZ. Suck it!
CROX goes through 2.25 this week. easy
SOL solar will rise from the pullback ashes
CFK energy is always in
ANCI healthcare even making a comeback
SFLY my fav consumer play
DVAX my fav lotto ticket biotech EXPLOSIVIO!
the market is a casino on fire. anyone who thinks they know what they are doing is delusional or stupid. But I love GE! they have special studio doctor who brings me coke and tucks my boobs
Where are all the haters? All of you tea bagging FAZ lovers?
cuntface Cabrera…stop eating rice you chubby sloppy goat faced pig…go bleach your beaner skin white and order a chalupa..pig girl
hey Fly
You like CROX as a trade or on fundamentals? Thanks.
That noose feeling tight DevilDog? I see your FAZ is melting. Go eat it in the shade, it will melt slower.
Time to unload Master Fly.
fly f*ck you
I tip my hat to you today, Fly. However, I (as do you) believe that this party is going to end horrifically and the risk of being too long when it happens is too great.
If we have a 2-3 day stretch like yesterday, it will be way too late to get out in time. Sure you can use some trailing stops and/or just keep everything on a tigh leash, but there’s just not enough upside to justify it at this point. I do think we could/should/will see 900-925 before we crater, but again, what if we never get there?!
So, I will use days like this to keep adding to my SRS (even though I’m adding at Friday levels) and will cap it out around 25-30% of my portfolio.
why is everyone on CROX when the accountants have released statements that Crox is ” a going concern”
and,
can someone here give me a website that releases earnings reports the second they are released? one that has an automatic refresh like every 5 seconds? I always have a lag time with earnings reports and can’t seem to find a really good site for these.
Nicely done Petey.
PS
Geithner is a lying sack of shit.
Nice calls on today’s market Fly. Polished the crystal ball over the weekend in between lashes from the trouble and strife, eh?
On a heavier note: I spent this morning trying to find a vendor that would sell me ounces of gold for $880. Best I could do: A single Canadian Maple Leaf 1/2 ounce for $538 USD (retail dealer). COMEX: “Put it together and what have you got: bibbity-bobbity-boo!”
http://www.youtube.com/watch?v=8Gac_7neimY
Always respectful of your market wisdom, insight and humor Fly……However, time to stop the “retarded analogies/metaphors” as they are like the “market manipulators, rating agencies and CNBC hosts” offensive!
is fucktard ok with you?
Nice call on today being up day Fly, I thought you were nuts considering yesterday’s close.
I wonder how much of yesterday selloff had to do with the stress test leak rumor
Sorry I was late on the silver SLW commentary, but its’ ready now.
_________
The Fly is becoming an Oligarch of Blogging. This was recovery Tuesday – what’s tomorrow again?
COF up after hours or down?
any takers.
RE Goin’Fawr..if you desire coinage you will pay in blood, if you can be content with bullion or AU casting shot it can be purchased a couple points over at NY refiners for cash. Bullion is not alailable in one ounce stamped ingots.. they are are poured weighed Hallmarked and stamped w/wgt..Special orders cost a bit more, but they are not interested in selling one ounce. They deal in more volume and the offer much better prices
I buy my gold and silver from here.
http://www.apmex.com
I love bullion too. My favorite silver bars are from http://ScottsdaleSilver.com They even accept credit cards.