The days of laughing while trading are over. Prepare for your final destination, found somewhere south of SKULLFUCKVILLE, just north of CLOWRAPE Town.
Developing…
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Joined Nov 10, 2007
23,473 Blog Posts
Looks like you are getting ready for a down leg after tape painting Tuesday.
Oops … reread the title again …. SPX 1000 :-))
FUCK YOU. WE TRADE HIGHER, while bouncing baseballs off your fucking face.
The market really does look lie its going higher, hey.
I like how the cubs get stuck into Gold Sach every day. At the height of the down turn when GS was trading at 50-60 the cubs were licking their chops telling each other… no change that ……encouraging each other that the stock was headed to 5 bucks and they were going to fail. TGhey were talking each other into a cub frenzy. Of course devil dog was at that party.
Stock hits 130 and the toothless cubs now say that GS is of course manipulating the market which is the reason why they are making so much money.
Fellas! Cubs!
GS will hit 250 in this cycle. Trust me.
Farrah Fawcett, arrived in Heaven and was given one final wish for the world.
She said. “I just want the children to be safe.”
God immediately ordered Death to visit Michael Jackson.
…and we trade higher
Can someone please explain to me why the cubs are so mesmerized by a stock market fall as I really don’t get it?
You need catalysts for severe drops in the stock market. You require steel cold catalysts to cause such a thing. Monetary policy has been basically as loose as Bronx hooker since the 70’s when we got off the pretend gold standard so even if one is bearish stocks you can still have the indices rise in nominal terms.
You need an important event or a series of events like we had last year to send the market down. Or we need Fed tightening. Without these things the natural direction of the market is basically up especially when it not grossly overvalued like now.
another Airbus takes a dive.
If it’s not Boeing I’m not going.
http://www.news.com.au/travel/story/0,28318,25712080-5014090,00.html
To j, but the market is grossly overvalued and is pricing in an economic recovery that isn’t coming. Bulls are confusing “stabilization” after an egregious economic decline, with “recovery”. Eventually, they’ll wake up and realize their mistake. Thats the bear “angle” if you will.
I love it!! All of it!!
Did anybody catch Ratigan’s new show on MSNBC this morning?
j,
Here is a really fucked up tie-in with the 2 Airbus crashes…
#1 – AF447 from Brazil to PARIS – lost May 31
#2 – PARIS-bound flight found with cargo hold smoke detector wires sabotaged (article is translated from French)
http://translate.google.com/translate?prev=hp&hl=en&js=n&u=http%3A%2F%2Fwww.lepoint.fr%2Factualites-societe%2F2009-06-16%2Finfo-le-point-l-autre-mystere-qui-inquiete-air-france%2F920%2F0%2F353065&sl=fr&tl=en&history_state0=
#3 – PARIS to Comoros (via Yemen) flight lost a few hours ago.
Stay the fuck away from Paris.
Eric
The recession is over. It’s done. I’m not saying the economy is going to boom its way out of it as it has a lot of head winds with the Obama fuck ups such as a huge stimulus bill and later a cap and trade. However when interest rates are basically negative and are going to kept there for a very long time, when there is quantitative easing, when the credit markets are thawing out the natural tendency for the market is to go higher.
If there is a negative catylst then sure it will upset things, however without that the market operates on reverse gravity. No news is actually good news and sends the market up.
People get very irritated with earning .1% on their banks deposits and economic stability measn more money will be sent to the stockmarket.
I though this was going to happen much earlier so I was wrong with the timing, however the direction is up and will continue to be.
Retox, u still playing the pharm’s? HEB has a major conf. July 4th in Italy…any thoughts?
The market will top when the Mets make it to the top of the division, duh. Slow stochastic is basing below 20, if they breakout of their descending triangle, they will BTFO! Charts say so.
DrewDog,
HEB is 100% depending on Ampligen FDA approval. IF it happens, it will rip fast and hard.
I’m not a Cramer fan but this Street article is about the best I’ve seen on HEB: http://www.thestreet.com/story/10522761/1/the-next-step-for-hemispherxs-ampligen.html?cm_ven=GOOGLEFI
Besides, Dear Leader will destroy Hawaii on the 4th so I’m staying in cash over the weekend (98% joke, 2% serious).
DrewDog,
This is the HEB story I meant to link:
http://www.thestreet.com/story/10506671/1/hemispherxs-cfs-drug-is-a-long-shot.html
I think Bernie’ll do just fine in prison. After all, he’s known for his fashion sense, isn’t he?
Bernie Madoff, Prison Bride.
Nice front page pic of Tekulec himself, there Fly — not many know the high priest of the Aztec Temple.
___________
i drive a viper. A VIPER? why did no one ever give this ass face shit for that? a fucking viper? A POS VIPER? hey guys, we’re headed for dow 20,000 by september and, btw, i drive an 88 firebird. it’s really fast, and i have a girlfriend with fake tits, so, you must recognize my market accumen…. A FUCKING VIPER??? meanwhile, i have no where to turn now for investment guidance now that the anonymous jerkoff ‘proudly’ claiming to drive a fancy dodge viper has forsaken me. A FUCKING VIPER?
eric & j,
I don’t assume that the mkt rose because it saw economic growth – rather it went from fear of deflation to fear of inflation as our gov’t spent on an unprecedented scale. In the long run I have complete faith that this gov’t will be successful in creating inflation and destroying the dollar – but the timing isn’t certain and we could yet have another deflation scare that will tank the mkt.
Nothing new here… Market will continue higher. No change coming until the Fall at the EARLIEST. It will be 2010 before we see another sell off like Fall ’08 and Spring ’09.
The Bears really have no traction until then. So, who cares if the Market really is overbought. All this Unemployment will take a while to mess around with everything else. We all know it is going to happen, but again look at the time frames of such collapses.
I am cheering the Market higher… and will buy some mad calls on reverse ETFs before the next big one. Our lovely gov’t is pumping money down the drain…
Thanks retox
Back from St Augustine Fl. 2000 miles in 7 days. Yeeeeshh.
Not to mention the small cap fuckery that you can see on every over chart ( AS THE FLY has pointed out) I looked at charts last night and confirmed this fuckery via HUGE closing hourly volume bars up or down, followed by retracements on Monday. blah blah fuckery, dickery, dork.
Let’s Rock!
The V.King is liking all his new friends…Do you all like me…well I hope not because right now I want your money…ALL OF IT. I will be selling 12,500 shares of INTC @ 16.93 by 10:30…Now as the Fly would say…Hey Fucktards print my paper higher…
Thus far the V.King has consumed a super vitamin B-Complex, 1 multi, fish oil, vitamin E, 580 ml of green tea and a egg,ham cheese sandwich…oh and I am up 55% on the Vietnam index this year…
The V.King is also Short Obama ….affirmitive action is no way to pick a president…you are all a bunch of shit hairs in America
the blind bullishness here..put forth by penny stock-tards and 200 share buyers is a great tell…Obama is a gay fuck, with no clue, banks still fucked..insurers too..continue buying….as i will be building a large position in TZA, FAZ, and TBT…oh and happy fourth…lets see if the little fucker from Korea hits the button…so we can nuke his stupid fucking ass.
cas and guns …you are now The V.KINGS friend
Look at C.M ….I hate the banks too…as much as i hate affirmitive action liberal scum bags dick lickers
Purdy
Thanks, you could be right, which is always a good reason to keep a watchful eye on things.
GLW guided up lcd volume Again
Fly, is there an “N” missing somewhere in the article?
From the CFR email newsletter dated June 29 —
“Brad Setser examines U.S. Treasury Secretary Timothy Geithner’s statements about the need to rebalance China’s economic relations with the United States and argues that China shouldn’t be overly concerned about the risk of U.S. inflation.
CFR analyst Paul Swartz has released an updated series of economic cycle charts comparing key economic indicators from the current recession to past downturns. Despite recent stabilization, he finds global trade and U.S. domestic growth performing at around the worst levels in the post-war period.
Brad Setser and Arpana Pandey track the foreign exchange reserves of Brazil, Russia, India and China in this chart book. The graphs demonstrate powerful demand for U.S. treasuries, but also a willingness to shift asset allocation abruptly, raising questions about whether the appetite for financing the U.S. government will be sustained.
Further on…
“Today, Germany wants to preserve the value of its money, while China is desperate to preserve the value of its external assets. These are understandable aims. Yet, if this is to happen, debtor countries have to stabilise their economies without another round of profligate private borrowing or an indefinite rise in government debt. Both paths will ultimately lead to defaults, inflation, or both and so to losses for creditors. The only alternative is for debtors to earn their way out. At the level of an entire country that means a big rise in net exports. But if indebted countries are to achieve this aim, in a vigorous world economy, the surplus countries must expand demand strongly, relative to supply.
China’s decision to accumulate roughly $2,000bn in foreign currency reserves was, in my view, a blunder. Now it has a choice. If it wants its claims on the US to be safe, it must facilitate an adjustment in the global balance of payments. If it and other surplus countries wish to run huge surpluses and accumulate vast financial claims, they should expect defaults. They cannot have both safe foreign assets and huge surpluses. They must choose between them. It may seem unfair. But whoever said life is fair?”
and further on…
“The longer the United States relies on Chinese financing to avoid necessary adjustment—
one where it pays for its imports with exports rather than debt—the harder the transition
is likely to be.”
————-
IMO: The US (and NAU, via Canadian natural resources?) is preparing to become an economy that services China, and no longer the other way around. In the meantime, China is going to eat our debt to help facilitate this change.
Market read: going up, long-term, all around. US corporations will get richer and the standard of living for most Americans will take a nose dive at the same time.
Artist… I thought that too and then i realized that Fly is actually is very good at nuance, or so he thinks….
You see clowrape and you immediately think Clownrape , right? He’s obviously forgotten the “N”. However it could also mean he wrongly added the “L” in which case it would be cowrape.
If I were a cub or Devildog, I actually go for the clownrape rather than a cowrape as somehow a clownrape would be a lot gentler I think..
I would say the “N” should be where the “S” is in “South” as everybody knows that it’s actually North of Skullfuckville.
And an “r” where the “u” is.
Oh forget it.
Time for a nap.
No edit function anymore and thus no second chances.
A cow is female, a bull is male, there is a total difference, if it is “bulls and bears” in the marketplace, then you cannot casually replace “bull” with “cow”
if we do then people should replace “bears” with “boars” and we’ll call it “cows and boars”
If INTC pops it’s fucking head above 16.65/66 I should see another .12-.15 cents…
The Fly has asked The V.King to post on his boards..thus far The V.King only see value in the Chart Addict…remember to sell your INTC by 10.30 so far I am only up >23 cents
Let’ s gehen INTC Sie dummes Bundel …..
True, Artist.
However the Devildog has added cows to the lexicon to mean bulls and perhaps the Dog has influenced Fly. Who knows what’s going on in Fly’s mind. He may not even know himself.
If any cubs are still around feverishly thinking we’re still in a bear market then this piece strongly suggests you all do a cap and suck you’re own dick.
U.S. Stocks Gain as S&P 500 Heads for Best Quarter Since 1998
http://www.bloomberg.com/apps/news?pid=20601087&sid=aCuhVq_fv5WY
XLF is in process of failing…buying FAZ all morning…fuck you Cramer you little dickweasel. Dont come to Florida you gay bitch
The V.King Sold 12,500 INTC @ 16.53
no i must call to HDW Shipyards at Luerssen I am interested in purchasing a 8770 hp MTU diesel engine for The V.King super boat…
V.King..nice diesel..but wont you need 2.?
Roar, Ha ha
Buying SMH here.
“Rev. Dr. Brad Braxton, 39, a Baptist minister and former Rhodes scholar who was chosen in September by a committee that considered more than 200 candidates, appeared to knit together both those traditions, calling himself a “progressive evangelical.”
But his opponents kept up their attacks, saying that his pay package exceeded $600,000 a year, including a $250,000 salary and a housing allowance.”
Who needs to trade stocks when there are such lucrative gigs around?
http://cityroom.blogs.nytimes.com/2009/06/30/riverside-church-pastor-resigns-after-2-months/?hp
Anyone know where I can get some of the green shoots the Fly has been smoking? Must be killa shit.
I’m glad to see so many kool-aide drinkers here. Makes me more certain that I am correct for bailing out of longs and taking up some index short positions.
Long more SMH and a little TNA.
Daytrades.
The markets just turned in one of the best performances for a quarter in history, and these numbnuts think it is sure to continue (as if an “economic improvement” hasn’t already been priced in by the record move this quarter). Just like this rally was one for the ages, it will also prove to be one of the greatest headfakes of all time.
UNG starting to look interesting.
j,
You are a riot. The bear is back and soon enough you are going to feel like you were gang raped by a troop of angry kangaroos (oddly, you seem to be the kind of person that would enjoy such an event). Soon enough you will try to drown your sorrow with your two homo dudes and the “tit bar” (sic).
Joe
Joey,
You’re obviously channeling Devildog, an action that doesn’t offer long term health benefits. I think the market is going higher… I don’t know if it is, but I think it is.
You on the other hand seem certain it’s heading lower and certainty in this business is a killer.
Now did you end up buying those shoe inserts over the weekend, to give you that extra couple of inches?
Grow up joey.
No, you don’t know what goes on in the mind of Fly.
He was in fact talking about “Clow” rape.
___________