The EU is in real trouble, as their “austerity plans” come to fruition; I gather, weak countries will determine it was a mistake to forfeit the important tools of monetary policy, in exchange for that big grandiose circle jerk, better known as “the euro.” I am sure Greece would love to monetize their way out of the mess they’re in now. Instead, thanks to the fucking euro, they are beholden to the sausages in Berlin. It’s only a matter of time before the EU is forced to turn their fucking presses on laser, space speed, or the whole fucking parade ends. Should the latter occur, the U.S. dollar, as well as U.S. debt, will be sopped up like cola on a fucking sham-wow.
There’s a reason why I am avoiding stocks, while throwing coin into [[TLT]] .
Today’s tape is more of the same. Low volume melt-up. But, it has the feel of walking through an old haunted house. Any second now, I expect some sort of zombie to pop out from the shadows and take a bite out of my cranium.
In short, [[TLT]] is still my best trade, with a side order of Silicon Storage Technology, Inc. [[SSTI]] , due to the downside protection of an all-cash offer. Around these levels, I am starting to like [[VXX]] too. And, if I wanted to trade 3x bullshit, I’d buy [[DRR]] right here, right now.
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No most of us unemployed fucker are looking for work.
But frank white, you could help by offering all us unemployed fuckers jobs, asswipe.
The Fly is God.
Mr. Fly,
Thinking about grabbing some more SD down here?
no way
“But, it has the feel of walking through a fucking haunted house. Any second now, I expect some sort of zombie to pop out from the shadows and take a bite out of my cranium”.
The above is pure comical genius.
I spit oatmeal on my monitor after reading that.
Good timez indweeb
quit wasting good oatmeal
Dont worry, it was just Quaker.
Fly,
What do the people in urinal foretell for tomorrow? Short squeeze or crash and burn?
pain.
Sounds like a prostate exam should be done.
Is that Clubber Lang style pain?
Is this the pain prediction you are referring to?
http://www.youtube.com/watch?v=DJnKm6ftPu0
Bought TIVO @ 15.89 will sell over $20
http://ibankcoin.com/henry_fool/2010/03/04/bought-2500-tivo-1587/
Shit stocks are going buck wild. ZANE, TIVO, RMBS, SCOK, Retailers…. VMI warned in Feb and just bot a UK co. for cash, instant 10% pop. Meanwhile the range on the spy’s for the week excluding mondays gap is $2. How the fuck is the RTH almost at all time highs. Do all you unemployed fuckers spend your days in the malls.
Yes, working at some dopey kiosk or baking cookies, while waiting to be re-employed.
Just wait until the Eurozone geniuses illuminate us as to their scheme to pull in the hedgies and their “supposed” Sovereign CDS manipulations.
markets in “paint drying on a wall” chart pattern
exciting
This is Mr. President, signing off.
Nice knowing y’all.
You blog like el scirroco (sic), Senor, but there’s much wind behind this dour Euro trade.
__
Take off that burlap sombrero Senior Tropicana! This market is ripping higher, at least for 6 more weeks…
why 6 more weeks??
The market generally tanks in the summer of year 2 of the presidential cycle.
Do you believe in the January effect too?
The market is going to tank because the recovery is false, a cover up. The curtains will be pulled and I’ll dance as the palaces burn!!!
I believe that the returns of stocks are significantly higher in November thru April than May thru October….but it’s probably just a coincidence albeit one that makes one money.
What is your sample size for this intriguing statistic, and what are the odds, if you don’t mind?
there is treauth (sic) in this actually,
but reasons may not be accurate.
I finally loaded up on TLT. So now I suppose my goldfish is going to die and I will lose money?
Angry midgets will come out of your attic while you are sleeping and rearrange your furniture.
LZ is a tank
Fly, why are you going with the long end with TLT and not shorter with IEF or even real short with SHY
If you position yourself for SHY to go up, then you’re essentially betting short term rates will come in, but they’re already sub 1% last I checked. So you would need that panic mode of negative yield purchasing that we saw 2008 to kick in. TLT, being based on longer term treasuries (20+) have some more wiggle room. A quick check of TYX shows yields at 4.56%
I’ve been long DRR for a little while now. Enjoying the rollercoaster of this thinly traded POS
haunted house analogy = instant classic!
well done, sir
Some of my positions:
Short – MAR,TOL, LVS, BAC, LUFK, UPL, GE, APOL
Long SLV, GLD, ISLN, INFA, GMCR, VXX, DRR
recent buy DUG
Adding to INFA and ISLN
Go ahead and opine I would like to get some feed back
What about you shorting DNDN? Get back in the bathroom, mush.
did short DNDN for a qucik trade, got my teeth kicked in and covered
Is the market even open? I don’t see anything moving…
ZANE, TIVO, ANF… movement!!
DRR has issues with volume.
Western European countries must raise more than half a trillion dollars this year to refinance existing debts and cover their widening budget gaps.
Will it happen???
This volume is shit!!!!!
EUO is probably better than DRR. YCS may be a winner in the near future. Tomorrow may offer some buy in points. LQD beats TLT over more than a few days.