It’s not important to win everyday. If you are a day-trader, then winning daily is imperative. Pardon my candidness, but day traders are fucking idiots. No one would miss them if black helicopters swooped in and shipped them to Guantanamo Bay “for further questioning.” I told you before, I will say it again: losses are to be expected. It’s not that big of a deal. I invest money for long term gains. Sometimes I accomplish my goal in a week, other times a year, as is the case with Flotek Industries, Inc. [[FTK]] .
The point I am making is this: everyone invests differently. You might be hell bent on inverse ETF’s, while your partner is bullish on semis. Both of you can make money, if executed properly. It really is uncouth of you to disrespect “The Fly” on days like this, especially since I called this sell off last week. I can’t sell everything at a drop of a dime; that’s fucking retarded. It takes time and planning to do something like that. I have no plans to go to cash because the prevailing trend is up. Should my position prove to be a loser, I will adjust. Until then, today’s sell off is NO DIFFERENT than the dozen behind it.
At the top of my buy list is Cummins Inc. [[CMI]] and TEKELEC [[TKLC]] . Some stocks are strong and many are weak. My approach will be to load up on the weakest and strongest performers, already resident in my Godly portfolios. Thus far, I have done nothing but talk shit, here on the internets.
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Does a bearshitter shit in the woods?
By Bye Goldman it was nice knowing you as a public whore. Have a nice private life
Treu(sic) that!
They are already 5 steps ahead in this game and that may be a viable option for them. More bonuses for everyone with zero scrutiny in that scenario.
Goldman is probably shorting itself right now.
The Fuckery will be going on stage in 10 minutes.
Bulls horrified in “fuck you, you’re dead” trading.
It is all related to Haiti and voodoo.
what bank on fundamental is the strongest (core banking work)
Check my latest post.
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(BBT!)
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Nice pullback
Don’t fight the FED (Chinese “FED” that is). Time to sell.
When they allow Volker out, sell.
Wow that Obama speech sure took the market by surprise! We were up so nicely right up until the announcement.
Bought 1k shares of RAX @ 21.80. Still holding ZSTN @ 10.88 {chop stick to the eye} and EGLE @ 5.88.
Holding 20% cash
Lets see what Obama has to say.
the other small selloffs the last few months never breached the 50 day moving average; this sell off has; not saying bull run is over, but just important to see both sides. Could see somehting similar to the correction seen in june and july
The 50-day on the SPX is 1,114.70 – today’s low is 1115.63
shouldve clarified – was just talking about the dow
This looks like it may be a game changer here.
We all know what the fuck has been going on since March. The motherfucking PPT has backstopped the big banks, as they’ve pocketed big $ from the reflation trade. It’s all unsustainable, and just the hint of breaking up their conspiracy kills the markets.
That loser president of ours, finally, after losing all his political capital, has threatened the fat ass banks with new regulations. Well, words are cheap. Action now Moth-r-Fuk-r!
Not with Chuck the Schmuck’s hand up his back (or his ass, depending on your choice of puppetry or muppetry).
Watch for Chuck and Fwank to put the quash on this Hail Mary full of “Save Face.”
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Fwank the Gay Meatball?
i don’t understand why the PPt is up from its low today..anyone?
It’s because technicals are broken right now. They don’t matter.
Have some popcorn and enjoy the show. This one is fo’ real.
How much of an issue is the Volcker/Obama reprimand on big banks? Is the Glass-Steagall talk all that relevant when major institutions like GS can change their bank charter overnight like they did last year? They’ll just set up a brokerage/trading company and keep banking separate. I’m not seeing how this will have a major deleveraging effect on the markets.
To the FAZmobile Robin….AWAY!!