The market is cleansing out all of the excess garbagio. Do not fear the prospect of quick/fierce market corrections. Instead, prepare for them. As of now, I have about 20% of my capital in cash. My positions, for the most part, are sucking the larger end of wind, especially small names. The cycle has changed. I warned you to escape the death traps, better known as small caps; but you chose not to heed my warnings.
You are NOT permitted to come here, leave stupid comments, then scurry away—like a little faggot trollop, skating on ice for fun.
I am sticking to my appliance trade, via incremental purchases of Jarden Corporation [[JAH]] . For the love of dark magic and dirty silverware, the entire sector is on fire, from Whirlpool Corporation [[WHR]] to [[NPK]] .
Also, I sold out of my beloved ADTRAN, Inc. [[ADTN]] , despite loving the company. The harsh reality is: the name is not working right now. As a matter of fact, as stated last week, many of my stocks are not working here, which leads me to believe this pullback is legit and can last awhile.
Do yourself a favor and prepare for an extended pullback, by way of raising cash. With my money, I will not short stocks, mainly because I have no desire to fight the MASSIVE inflationary policies of the Fed, through asinine short term stock-market positions. In real life, things are getting a little dicey, with regards to the dollar. I would not be surprised to see the dollar 20% higher or lower from current levels.
As a result, it makes sense to exercise a bit of patience here and quit making daily efforts to embarrass yourself.
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>>…a little faggot trollop, skating on ice for fun…<<
Too hilarious!
Can’t say much, it’s hard to talk when your teeth have been kicked out by a large steel toed boot.
Every break of the 20 day EMA in past 3 months has quickly reversed up within 48 hours
I know the Fly spits at TA but just thought I’d offer something for his bullish case 😉
http://www.fundmymutualfund.com/2009/10/real-breakdown-or-trap-of-bears-do-we.html
Fly, RFMD prior to earning tomorrow? thoughts?
not playing it. NOK trouble
that is by far the worst movie clip i’ve ever seen. i did better work in high school.
It’s a video.
Ooops! Video, movie trailer or TV show, who cares” ‘ the spam is a never ending trend.
Normcycles
Nice spam for The North Face in the movie trailer…
How do you see any real inflation? Right now it’s only the perception of inflation on future better than expected growth which may not even meet expectations. In which case there is more of an argument for a longer deflationary cycle to continue.
I remind everyone that Quantitative easing, printing of money and stimulus” ‘all of which can be controlled or removed through many various government programs can just as easily stop inflation in it’s tracks…remember it was done once before in the 70’s and 80’s.
Normcycles
It is not perceived when you have incessant printing of money, but real.
I repeat, Money supply can be taken from Banks just as easy as it’s printed.
Normcycles
But it won’t. The Fed is intent on seeing inflation. If you take it away, then we have quick death. This way, we get to die slowly.
Much better.
So, a rally in the dollar is a bump in the road to the destination of inflation and a devalued dollar? That is, we will get there, but with some surprises along the way.
I thought trollops were females?
faggot trollops must be those “funny” types….3 legs and a purse.
Are we throwing a party or a funeral for FTK earnings release coming up?
both
VF corp is getting waxed after hours. Not good for JAH….
eggs and bananas
ROFL
http://www.youtube.com/watch?v=8Ew-qMKce7k&feature=sub
LOL
wow…
idiots…
let the unwashed masses go unvaccinated.
Do yourself a favor and prepare for an extended pullback, by way of raising cash.
Does this mean the kinder gentler Fly will be with us through New Years Day?
apples and lemons
crickey, it’s up the apples and bears.
Solid earnings from DRYS
Fuck you fly! Im still in FTK and BGC. Thank god I had the intelligence to buy out of the money puts when Cramer told me to on EQIX.
Le Fly
Love it !!
Greetings Fly,
Thoughts on the DRYS numbers? Beat was decent but not great. No forward guidance in the release but they seem to be cautiously optimistic …
Also do post any report you get on the PPT!
Thanks!
Off the topic but H1N1 appears to be extremely contagious with an incubation of about 48 hours and will spread though a school lickity spit. Kids seem to get over it. An adult with underlying condition in my family is in dire condition, however. Get the jab as they say in UK.
DGX – they offer the first commercially available swine flu test.
There is nothing to get jabbed with. That’s the problem.
Dear Fly:
This overfed pig of a market is due to meet its maker.
Should we help it along by shorting the hell out of it?
The mkt is down while long rates are going up – a change in the recent relationship. Long rates needed to inch up to a level that the mkt judges will allow this week’s auction go OK – – and with sufficient foreign participation so as to not get everyone nervous and jerky. If foreigners hint that we’ll actually have to start paying for our money, the market will correct much more severely.
Agreud, but we’ve seen this tune before. Raising cash to buy phat bonds. The market is making Uncle Samuel pay his rent(s).
_______
You are NOT permitted to come here, leave stupid comments, then scurry away—like a little faggot trollop, skating on ice for fun…
I resemble that.