Believe me, I don’t want any of you little ingrates here. I have enough issues, dealing with a sour market and stubborn positions. If you jackasses buy a stock because you read about it on the internet, you should donate your brain to science, since you are as useless as a gay cactus. I swear on a holy stack of korans, if you come here and complain about one stock, no matter how clever your complaint is, I will have someone knock on your door and punch your mustache off. No warnings. No more Mr. Nice Guy—just your mustache on the floor.
This market sucks a bag of rocks. No matter how “crock-solid” earnings are, it (the market) wants to go down. Right now, I am blessed with a wide array of underperformers, from all asset classes—punching me in the balls—every 15 minutes. To hell with this and the hand basket, I will be selling more shortly.
You know, the shadow near my favorite urinal was correct, telling me to sell when everything was awesome. Now, all of a sudden, I long for the days of a 60% cash position. It makes no sense wallowing in my own stupidity.
On one hand, I want to ride this out, with jubilant thoughts of new 52 week highs and little leprechauns prancing around on Wall St. On the other, I see giant balls of velcro, rolling down Broad St. mowing down people and taking their wallets.
At the end of the day, I am still up big, year to date. Whatever the hell you have going on there is your own business. Do not burden me with your “losership.”
It’s decision time and I have a lot of thinking to do.
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fig
Le Fly is Super God
The Fly is God.
Greetings Fly,
I would say its time to stick it out. I see bear fucks all over the place prouncing (sic) around making honey fucking bee jokes on Twitter and such. I believe when its all said and done, market will rip higher once more before the end of the year. We got retail sales, tech demand and job numbers that could lit a fire …
-Panda bear
“WE’RE GOING TO 10,500, ELSE I WILL SHOOT MYSELF IN THE FACE WITH A HOWITZER.”
You got the howitzer ready, we can get the guy from “WANTED” to curve a bullet so you won’t see it coming…and we know from the movie that he can shoot the wings off a FLY.
http://ibankcoin.com/flyblog/2009/10/14/10000-apologies/
I have not cursed yet, have I?
My thoughts, I’d be curseless until Xmas.
MY thoughts are you will be cureseless until 2013
oh yeah, since you have been so spot on, over the last 8 months. We have ourselves an authority figure here in “jb.”
1:00 PM will determine the true suckitude of the market. Patience.
Hey, it appears you were right.
This is my time to shine Mr. Fly. I now have 172 short positions and i am on my way to shorting the entire Wilshire 5000. I have been telling everyone that will listen that Good always triumphs over Evil and the Rapture is fast approaching. May the Force be with me and my readers!
Shut up with the Tim impersonations already.
I am the one doing the majority of the Tim Knight impressions. I will stop them out of respect for the fly.
The reason why I do them is because he is probably the worst trader on the planet doing things that all of the regular trading books profess against. Honestly, I do not believe Tim actually trades or he would have been wiped out by now. I believe his blog is just a front so he can sell his trading books, manage other people’s money and get more subscriptions to Prophet. He still is a VP over there and probably gets a large bonus for the attention to his blog and prophet.
Tim has been a bear ever since he started the blog in 2005 and he just gets everyone’s attention by posting to it. Notice how he pays so much attention to the blog? There is no way someone could keep track of over 100 positions, manage a blog, be a family-man, and do all the things that he does. There is probably a small staff that helps him with the blog and are probably part of the audience in the comments section too.
In any event, Tim and his blog are just large scams so Tim can get more of a profit into his pocket. His trading skills are a clear joke and his attitude is just designed to lure people over to his blog so they can buy his products.
Sorry to see the Tim impressions go, I always got a kick out of them.
You are a tool. Who gives a shit about Tim Knight and his stock picks?
You are just jealous that he is rich from doing something other than wasting his time making lame-ass impersonations on other people’s blogs. Whether you like it or not, his dick is in your bum but not in your mouth. Get it, your stupidity and time wasting habits are fucking you in the ass with Tim Knight’s dick and it is getting uncomfortable for all of us here to keep watching (or hearing for those of us who aren’t watching but are forced to listen to this homofied porn pounding). Good for him but shame on you. Get a fuckin’ life.
shut up Howie. A bit too emo for me with that retort.
Just keeping it real for you. Someone’s got to do it.
Tim Knight is not “rich”. He drives an old Volvo, lives in a middle of the road house in the Bay and has a vacation home. That is not rich or wealthy to me, but sounds like middle-class. His account is 1-2 million which is not that large. There are blue collar workers who have at least that much in their 401k accounts. I am not jealous of a guy who drives around an old Volvo.
Tim doesnt have his thumb or anything else up mine. In fact, I have turned a 500% profit from this rally since March increasing my account to way above Tim’s.
It is a lot of fun sitting here making fun of him though. The clown shorts a massive rally since March and acts like nothing happened. I will continue on in the future with it because he is just such a clown who can’t manage to make money in the market.
I didn’t know who tim knight was until I read the four or five comments per blog entry impersonating him. All you are doing is giving him traffic.
Easily the funniest posts and you want to stop it? For the love of FTK, why?
as long as oil is up, the market will not tank.
I agree, the Chinese and possibly others are diversifying their US assets into other classes, namely oil producing areas in closer proximity to General Tso, like Australia. The news of these deals has been steady along with reports of bad winter weather which have affected commodity outlooks in wheat, natty, and the other grains.
I have now lost most of the money in the college fund account of Steve, Jr.
I put everything into FTK several weeks ago. I thought it was a sure thing.
I guess Steve, Jr. will have to study his animal husbandry at Suffolk County Community College. He was hoping for MIT.
I didn’t realize MIT had an animal husbandry degree path available.
AY-YAY-YAY
i always get “shep naches” from the rabbi steve post. you were absent for a while. good to see you back.
‘Dead Gub-Mint (s) Walking’
http://www.sprott.com/Docs/MarketsataGlance/MAAG_10_2009.pdf
Indeed!
Good stuff, Toptick… that should be required reading.
_____
Good entry on FTK here 1.80 double bottom…. I will pick up a small position because Fly never loses
Fly: how many shares of FTK do you currently own?
Fly owns 95% of FTK. Swing low King Cock
Global Macro-Economic Landscape- Horrific
US Markets- Presently in Consolidation/Corrective mode which when complete, ‘potential’ (emphasize ‘potential’) SPX/DOW 1170/80-1250; 11,250/12,000/500 yet ultimately succumbing by late Q1/ Early Q2 ’10 whereby second leg of secular bear resumes eventually taking-out previous (March ’09) lows rendering all 401K’s/Pensions etc…etc….’Essentially Worthless’
$USD (Sacrificial Llamb)- Presently in ‘bounce’ mode which should/may be ‘rebuffed’ @ 77-80 zone, when complete, secular bear resumes with stops/dates @ 72; 62; 52-55 zone.
Crude- Presently in Consolidation/Correction mode with support @ 75ish, when complete, 88-90 with an ultimate revisit/date @ Par (100) and beyond.
Treasury’s- Ultimate ‘D-Fault’
Gold- Presently in Consolidation/Correction mode within secular Bull which when complete, primary trend (Higher) resumes to New All-Time Highs.
Silver-Presently in Consolidation/Correction mode within secular Bull which when complete, primary trend (Higher) resumes to 40-50 zone.
2011= Global Hyperinflationary Depression.
Elephant In The Room= ‘$592 Trillion OTC Derivatives’
Trade/Act accordingly.
Indeed!!
Fly, time to Octo-Double down on DRYS !!!!!
Dear lord, the end-of-the-world-ers are out in force today.
I bought my LSCC…
V.King loves the Peanut Gallery…
thoughts on CIT >
Like I said before they announced earnings – – You want to make money?? Short GE – that was at 16.75 and now it drops below 15. It is a 12 dollar stock.
Like I said just a few days ago AAPL is looking like a good short