Ah, A Down Day
“The Fly” has lots of little, pesky errands to run today, so he will not be around to enjoy the market sell-off. Do not fear the sell-off, instead, embrace it. I warned you horse faces to raise cash and chill the fuck out. If you are getting “tea bagged” by today’s action, you have only yourself to blame. I know, it’s not fun watching the market rip through gains, like a stubborn cat through your collection of stuffed animals.
For me, it’s the same retarded stock, Flotek Industries, Inc. (FTK: 1.45 +3.61%) , that plagues me with losses. To be honest, sometime I feel like a “Simple Jack,” long that stock.
Don’t be surprised if a group of coked out bulls, backed by some Goldman robots, pared today’s losses in half, or more. Every time the market dips, someone is there to catch it. I don’t see any reason why that should not happen today.
Into weakness, I like Starent Networks Corp. (STAR: 0.00 0.00%) , Huntington Bancshares Incorporated (HBAN: 5.47 +1.30%) and (ENTR: 4.41 +4.50%)
Indeud. Enjoy the day sir.
not a dip buyer day…
Agreed! “Sandwich eating” day.
not sure GS and quants will warm up on a Friday with Asia exploding under HS’s double top
sigh
LOL
Aren’t all the A playa’s out in the Hamptons today?
Is there any limit to the nefariousness that GS ghouls get up to. They also steal blood from the blood bank. LOL.
Perhaps here’s a novel idea.. Paulson, Moore capital, Soros and Sac would at any time have bigger individual risk than GS in stocks.
Don’t worry, Le Fly will be riding through alleyways swinging baguettes and leaving tire marks on innocent old ladies’ faces in no time.
http://www.youtube.com/watch?v=4rbj1alnmWc&feature=related
What happen to Don ……
RTK and JSDA new specs here
I havea huge cash horde as of yesterday about 60%.
FUCK! How could we be so careless? Devildog’s disappearance in March coincides with Michael Vick’s release from prison!
excellent point.
Fly although your statement to raise cash was a good one. You also seem to contradict yourself because on up days you slam bears. And if today was up you would slam them again.
Obviously your portfolio is net long, but a good chunk in cash(not sure on % figure).
Either your bearish, neutral, or bullish. But you cant be flipping between raising cash and buying on dips. You can also be bearish/neutral bullish/neutral. So I would classify you as bullish/neutral. Just a .02 cent thought with ramblings of meaningless thoughts about being less of both sides and more on one side of the fence.
Eschew obfuscation
The bears deserve to be called out, I mean how many days in a row can you get your peter slapped only to return the next day and flop it out there again. Sides are for football games and politics, I don’t even care about reality anymore I just want to take your cheddar.
If I make a daytrade today it will be into gold stocks.
Spitzer in and out.
Dollar higher vs Euro and stocks are down but I like the way GLD and ABX is acting.