Instead of playing around with stocks, I’ve decided to press my luck with a global pandemic, by way of roaming the ghettos of Mexico with large diamond rings and chains upon my person.
My recommendation, regarding stocks, is to cover your shorts and be an American, by way of long equity exposure. By now, you should be sick and tired of my rants, always claiming victories, despite specious evidence of losses. Just know, “The Fly” wins all the time, even when his positions “death dive” on no news.
As you know, I like the semis, due to their “non-retarded” ways. Some names worth investment include: OVTI, AMKR, RFMD, ATHR and SPIL.
Finally, I have another urgent matter to attend to, which, as a result, unveils the insignificance of trading stocks and winning stupid internet bravado battles. Remember, stocks are for asshats, but life is for fucktards.
Words to live by.
NOTE: Into the bell, I will add to my death merchant position: FTK.
NOTE II: A shot out to Lord Gint for his terrific call on PL. Muchos gracias.
If you enjoy the content at iBankCoin, please follow us on Twitter
Long sombreros thru the weekend.
Mucho profound Senor Fly…
I’ll drink a Dos Equis to that.
IMO,
this correction has a lot further to go.
dip buyers will get hurt.
Josh, you may finally get your gap down come monday.
Aside from the regular Briefing.com, who out there can comment on the Briefing Trader service? IE. in general and compared to TTNews.
thanks
Maw had a dream last night. We sleep in separate bedroom so normally, I don’t care what noises she makes. But she roused me pretty good. I had to draw a bucket of cold spring water to wake her ass up. When she came to, she told me she dream’t that the market dove 90%. She knew it because we had a 59 dollar stock that was actually only a dollar and fifty nine cents. Last time Maw had a dream like that was about Beazer Homes at eighty going to eight and I was grading student papers, trying not to space out as that makes it take longer. Well, you know what happened next.
lol
was offered a free trial of briefing trader for a month, which was useful, sure, but no way is it worth the $.
you get setups each night, then pretty pointed technical commentary throughout the day. But not SO much so that it’s worth it imo.
Other than buying MNRO,DCP,AA,ES.which are all a few pennies up w/ exception MNRO up 1.50 something I fucked up everything I touched, making dumb rube errors..set a fucking stop incorrectly on TRW (went to make sandwich)and not only blew the $550 profit I was ahead but another 1, have never done that before, but all other mistakes were dumb..I m burnt and not in a good way..hope you all did well
Fly,
Enjoy Victoria Day…additionally, I would be grateful if you could work in the word gunt or gunts with some frequency as I like it better than fupa…a little more offensive which is to my liking and no this is not a specific request to call me a gunt…
That’s it, I’m shorting that Cracker-fried Boondock Birmingham Bubbafest PL on Monday.
TARP promises and champagne dreams only take you so far.
“Shot out” (sic) back atcha (sic).
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Chivas —
You find something interesting in that A/D study. Is it worth a PG post?
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Jake,
yes i did, but i can’t post the results.
will e-mail you tomorrow.
Mael — sometimes we have days like that. I wasn’t going to trade anything today, but I had to close out an in the money options position, which I did in one account, but forgot about the other. So now I get this large amount of stock on Monday… hoping Chivas is not right!
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El Tib — does that mean the Toronto Exchange is closed Monday?
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Happy Victoria Day everyone. The spring thaw is underway here in the Yukon. Fly, just go to East LA and get the Mex experience. Down King! My dog was humping my leg.
what happened to DevilDog’s blog?
That foreclosure sale mentioned was in Phila. suburbs.
Devildog is Monday’s only…
chivas: Down to 850 or are you thinking lower?
Fly– hope all is well. Have a great weekend nothing but good Karma here.
There are a lot of smart sumbitches on this site.
Thank you Danny! Anyone else care to chime in, please do
-like to get a few opinions on Briefing Trader vs Trade the News or others. Signed up for the BT trial last week and never heard back from them. Some of u must be using it. -U guys can’t all be on bloomberg terminals out there can you?
it’s muchas gracias, you are out of your depth with the Spanish language. have a great trip anyway
briefing is the best, bar none, and worth the small price.
Vaya con Dios, Señor Tropicana.
& Happy Victoria Day to those viviendo under the Maple Leaf.
A Belated Shout out to St Jean Baptiste celebrants as well.
I am now very concerned about the fly going to mexico…….
http://news.yahoo.com/s/ap/20090515/ap_on_re_us/us_tijuana_strangling_deaths
The market the past 5 or 6 days has been very weird and calm….is this the eye of a storm?
what side of the hurricane are we on? are we going to get a knock down upwind or a knock down downwind? are we on the east or west of this thing?
Thanks for the briefing takes!, now if someone can tell a fella how to get access to a Goldman Sachs or Morgan Stanley research report that would be pretty cool!. haha.:) Have a good weekend !
He says
Sign up to ppt.
Yes fly,
I accept the job as seniour blog-u-ist. From my somewhat human aspect. I shall reveal all my most intriquing thoughts, and and stock selections. with one a small disclaimer. “If you buy this stock, because of this blog.. you must be a redneck.” 🙂
Jake: ” does that mean the Toronto Exchange is closed Monday?” You probably already have the answer to this, but in case you don’t: Yes.
Fly,
Enjoy the rare well-deserved break!
http://www.youtube.com/watch?v=YdpllAHo0ng
4 words. Interracial lesbian clown porn.
Dave:
Your wish is my command.
Because, after all, there’s no party without the trannies!
__________
Fly is this you?
Beverly Hills hedge fund manager arrested on charges of bilking investors of $44 million. He was later released on $500,000 bond.
http://finance.yahoo.com/news/Califorina-hedge-fund-manager-apf-15269860.html?sec=topStories&pos=2&asset=&ccode=
I’ve discovered the FEMA coffin investment may not be a bad play after all.
Quote of the Day:
“”I just don’t think kids should be going to Tijuana right now,” Chula Vista police Lt. Scott Arsenault told the San Diego Union-Tribune.”
http://news.yahoo.com/s/ap/20090515/ap_on_re_us/us_tijuana_strangling_deaths
The “Bailout Bubble” — The Bubble to End All Bubbles
KINGSTON, NY, 13 May 2009 — The biggest financial bubble in history is being inflated in plain sight, said Gerald Celente, Director of The Trends Research Institute. “This is the Mother of All Bubbles, and when it explodes,” Celente warns, “it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world.”
Either unwilling or unable to call the bubble by its proper name, the media, Washington and Wall Street describe the stupendous government expenditures on rescue packages, stimulus plans, buyouts and takeovers as emergency measures needed to salvage the severely damaged economy.
“All of this terminology is econo-jargon,” said Celente. “It’s like calling torture ‘enhanced interrogation techniques.’ Washington is inflating the biggest bubble ever: the ‘Bailout Bubble.’
“This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the ‘Bailout Bubble’ explodes, the system goes with it.”
The economic framework of the United States has been restructured. Federal interventionist policies have given the government equity stakes, executive powers and management control of what was once private enterprise. To finance these buyouts, rescue and stimulus packages — instead of letting failed businesses fail and bankrupt banks and bandit brokerages go bankrupt — trillions of dollars are being injected into the stricken economy.
Phantom dollars, printed out of thin air, backed by nothing … and producing next to nothing … defines the “Bailout Bubble.” Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the “Bailout Bubble” pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.
With no more massive economic bubbles left to blow up, they’ll set their sights on bigger targets. “Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war,” observed Celente.
Since the “Bailout Bubble” is neither called nor recognized as a bubble, its sudden and spectacular explosion will create chaos. A panicked public will readily accept any Washington/Wall Street/Main Stream Media alibi that shifts the blame for the catastrophe away from the policy makers and onto some scapegoat.
“At this time we are not forecasting a war. However, the trends in play are ominous,” Celente concluded. “While we cannot pinpoint precisely when the ‘Bailout Bubble’ will burst, we are certain it will. When it does, it should be understood that a major war could follow.”
And here’s why the bailout bubble exists in the first place.
http://video.google.com/videoplay?docid=-515319560256183936&ei=o7sOSu_yA6juqQL8wvSeCw&q=federal+reserve+police&hl=en
“While we cannot pinpoint precisely when the ‘Bailout Bubble’ will burst, we are certain it will. When it does, it should be understood that a major war could follow.”
Why? Why would a war have to follow? The Sov. blew up without a war. Lot’s of countries blow up without a war. Celente is basically talking shit. There could be wars, big ones, however it doesn’t mean that an economic breakdown would have to lead to war.
And while we’re on the subject, the bailout is NOT a bubble. The US deficit could lead to some inflation over the next few years as it won’t b able to be financed, however to call the bailout a bubble is bubble headed.
Man
Maria B has exploded. She really has put on the pounds.
I am Dr. Doom – got it? Dis Marc Faber is not – he is saying duh USA government vill fail – I say the entire planet vill implode – how bout dat? Be skeered – be very skeered!
Dis Roubini character is full of it. I alone predicted dis disaster. Schiller, Roubini, Davidowitz, Rogers – all of ’em are late to the game. Bust, crash, doom, gloom, deflation, inflation, ………all of dat stuff vill happen – you vill see.
Credit where credit is due:
“Buck Woodford Says:
Compton Petroleum rocking out like Eazy E in the late 80’s. Will end similarly.
May 12th, 2009 at 12:08 am 1 0”
Nice call Sir, it seems my trigger finger was itchy for a reason that wasn’t so ‘yeasty’ after all. Please don’t be put-off by some of the more expletive comments made here, and keep the posts coming. I know, I know: quality vs. quantity; well that post was certainly an example of the former.
For the record: the ‘greenthumb’ was mine.
Bilderberg is divided on whether to put into motion, “Either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline and poverty … or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.”
Fly,
Hope all goes well in Mexico. Its too bad you didn’t know about the Jonas Brothers tour cancellation in Mexico because of the Swine Flu for Sunday before you left. Hopefully they’ll give credits for your tickets, and you can catch them in Iowa or somewhere else this summer.
He probably flew down to Tijuana for his quarterly hot colonic in some dark back alley.
hot tip: Chinese milk is hot…. white hot! Old Fly favorite ADY is in the news, up 55% on totally insane earnings, who’d have guessed that old-fashioned milk-without-melamine could be so popular? I’m guessing it’s good for another double, too. Of course, I’m busy betting on FXP right now but some of you under-47.5 types might go for it…
Hot tip: If you were a PPT subscriber, you’d have gotten the ADY tip two days ago.
Keep an eye on the Russkie version — WBD, as well.
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sat nite tunage :
http://en.wikipedia.org/wiki/Feed_the_Animals
sun morn tunage:
http://www.youtube.com/watch?v=SigRPr7OS84
Let’s not forget to show our appreciation for a beautiful filly: Congratulations Rachel Alexander!
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