It appears my 10,000 shares of [[SRS]] will be “swimming in red ink” come Monday morning. But then again, for me, 10,000 shares of a $5 stock is like a sip of whiskey for a homeless bum. Actually, I am rooting for the market to go “GODZILLA to the UPSIDE”, so that I may recoup ferocious losses in Flotek Industries, Inc. [[FTK]] . I feel, as always, FTK is ready to perform autopsies on live bearshitters, if that makes any sense (it certainly does not).
I will have you know, I am in possession of the world’s greatest stock pick and I care not, to say the least, to share it with you.
The Greeks have been bailed out by their bitches and the world will now rejoice. There is something to be said about the fucking Greeks and their proclivity to fuck people out of money. They are, without a doubt, without honor. And, I wish the Persian armies of the East will fuck them up something awful, burning down their libraries and enslaving the Greek elderly to work inside of filthy ceramic factories.
Two important matters:
1. If you are a web developer and have crazy skills, email me your qualifications (find my email address you lazy fucker). I might have some temp work for you.
2. I am just getting started, so prepare for egregious developments.
UPDATE: MrkcBill came to visit me at my office and the transcripts of our meeting were turned into a short film. Enjoy.
EGREGIOUS UPDATES: I tried my own hand at making these short films.
The Fly Meets DevilDog’s assistant, part I
[youtube:http://www.youtube.com/watch?v=Zr-9BegAyhc 616 500]
The Fly meets DevilDog’s assistant, part II
[youtube:http://www.youtube.com/watch?v=juEYHB4ZOgM 616 500]
If you enjoy the content at iBankCoin, please follow us on Twitter
RACK EM
http://www.youtube.com/watch?v=3GkC0IHCtdc
What’s this have to do with R.W. Pelican?
Fly picked the wrong week to quit sniffing glue:
http://www.youtube.com/watch?v=GeI5ke0BENw
i hope the title has the usual Fly sarcasm
Nope.
_+__
fig
I have 100k FTK. WTFTK?
WTF is right.
The Fly is God!
I went to go look at apartments in Astoria with the help of a Greek broker and we spent half the time driving around in his mercedes doing his personal errands while he chatted away on his speaker phone in Greek trying to make sales/contacts. These men are not to be trusted.
I bet he was talking all loud and shit, as if he was important too
That is some funny shit!
Astoria is fricken awesome.
Great bagel place on Ditmer St., if I recall correctly.
And the night life is decent too.
Forget about the Greeks, have you seen the Middle Easterners smoking their hookahs on the sidewalks, lol?
No joke, Christopher Walken’s dad’s bakery is on Ditmar’s in Astoria. Awesome bagels, and other breaded stuff, not sure if that’s to what you are referring.
Steinway Piano’s built there too. Take the family for the factory tour.
_________
I am Jake.
Now, how about President Obama talking about being a Southside boy,
and growing up a White Sox fan,
yet he couldn’t name one player that was his favorite?
I can give you the ’67 line-up of the Boston Red Sox from memory,
and I have remembered it since I was 8:
George Scott, first base; Mike Andrews, second; Rico Petrocelli, short, Joe Foy, third;
Carl Yaz (left), Reggie Smith, center, and Tony Conigliaro, right field.
For the life of me mI can’t remember who caught.
Our President is a liar.
Conigliaro is the one who caught one in the face, right?
That was tragic, and I’m a Yankee fan…
________
You are correct and he was never the same after that,
but he was also a local boy if I recall,
and we loved him dearly.
I am not a Yankee fan,
but my father looked like Billy Martin and drank like him,
and I felt very bad when Thurman Munson died.
astoria=nys=bad idea (unless you are feeelthy rich)
bagels make ya fat anyway
I did not become a Sox fan until I moved to Chicago. Because I uh …. I was growing up in Hawaii so I ended up actually being an Oakland A’s fan
the market is about to climax tomorrow.
http://www.youtube.com/watch?v=K-RKFewOetc
True story: I had a dream last night you were made whole on your FTK. Mind you, my lottery picks weren’t worth shit and DELL and MF rose even after I sold them…and I will chase them shamelessly tomorrow.
so Greece finds the E-Z button…swell…now eyes focus on Japan…oops
and this California matter is…?
A Fairies Tail?…
In exchange for bailout, Greece sent “the real Europe” a lifetime supply of KY jelly and some olive oil.
That’s what the rest of the EU gets for going to bed with a Greek.
Spain is up next. They’ll be looking for the Greek treatment.
Two thumbs up on the short film
Love the film.
That’s pretty much the funniest thing I’ve ever seen. Someone is going to have to explain to me how to do that.
The robot voices are king.
______
Maybe bailing out Greece will prevent the next one– If bond investors believe the an EU state will be bailed out eventually, they’ll fulfill the prophesy by buying up any cheap bonds on any chance of a bailout.
yep
from now on i will have the voice from mrkcbill’s video in my head whenever i read the fly’s posts.
I like to sit out on my porch and listen to mets game on my blue radio
This might help
http://www.youtube.com/watch?v=JwFy8X4U7Io
Not even close.
I still want to strangle that guy.
__
Please Fly, do another show.
China didn’t get the rally memo yet. Maybe it has something to do with the just announced bank/stimulus loan “audit” that will be in the third qtr. Wouldn’t be suprised to see Chinese mkts trade down as stimulus/spec money comes out of their mkts to boost bank equity ratios. But what the hell do I know, I live in OH and I’m sitting here listening to ELO’s Fire on High
ELO? O mon dieu!
Such little faith in your Friday call….watch the Shanghai Comp and Hang Seng tonight…they opened up, but so far they are moving down….
You’re Bjork?
Really??
_______
Jake…nope, just the Trading Nymph…I hang out a lot at Real Money, Stockpickr where I have my diary at and FX Live….are you thinking about the swan wearing singer?
Yes, your pic favors her, save with elfeen reddish hair, rather than that Icelandic coal black she sports..
_____
Euroshorts getting reamed, dollar down, gold & silver up… Let us participate in wodka sales to the People’s Republic of Kzurgistan!
Dance the mazurka, dammit!
__________________
1230 here we come
The pause between “shove you in a murder hole” and “get in the funnel” is either a mistake or pure comedic timing.
the roll call of famous phrases is what makes it an instant classic.
I had tears coming down my face, no joke… my spleen….. I had to re-swallow it.
____
Brilliant!
This is one of this times where Jesse Livermore would have piled it on and road the wave of profit.
The melt up is at hand, stubborn hate traders need not apply.
Pay attention to the price action, ignore everything else.
Or it’s a big fucking joke but I don’t think we’re there yet.
This is where Jesse would hold his position.
We are in the intermediate phase of a bull market.
If we get a pullback, it’s 2 to 3 % and back up again.
At least that is what I believe is happening at the macro level.
But I’m pretty new at this.
What’s going on? You live in Hawaii and you can’t even muster a smile for the camera?
________
It always best to short something if you miss part of the rally
I’m expecting a nomination and win at the Academy Awards for Best Short Film.
Who needs a Pelican when we have Mr. Market flipping Fly the Bird?
OEW SHORT TERM Objectives:
“Support for the SPX remains at 1187 and then 1176, with resistance at 1222 and then 1240. Short term momentum ended friday at slightly overbought levels. We have been tracking this uptrend quite closely since the Feb 5th low at SPX 1045. We have been expecting it to unfold in five Intermediate waves. Thus far, after two months, we have not observed on our OEW charts any confirmation of this uptrend even completing the first Intermediate wave. The advance from SPX 1045 to friday’s uptrend high at SPX 1195, 150 points, has been quite relentless. During this entire uptrend there have been seven noticeable pullbacks ranging from 12 to 26 points. Yet the largest pullback in percentage terms (2.3%) is smaller than every significant pullback during the previous two uptrends. Some would say the market is not allowing those out of the market an opportunity to enter. Technically this market has struggled lately somewhat with the congestion of the three pivots at 1168, 1176 and 1187. Also, as of friday’s close there are negative RSI divergences on all charts up to the daily timeframe. This suggests the OEW pivot at 1176 has now become important support. Should the SPX break substantially below this level, for example to the 1168 pivot, then Intermediate wave two is likely underway. This would suggest an overall pullback between 3.5% and 5.5% is underway. This pullback should then find support between the OEW 1136 and 1146 pivot ranges. On the upside the SPX cleared the 1187 pivot on friday when it hit 1195. As long as 1178 holds we should now see a move to the 1222 pivot once the SPX clears 1200 and the DOW clears 11,000.”
Lies are not permitted on this site. So, anyone who wants to come here and tell them, just know they will be deleted and you will be banned. No warnings. No questions.
SRS is a new position (Friday) and a very small one.
Fuck you uncle fucker
Greek spreads barely tightened. Srsay indeed work out.
Srs
The above videos along with mrkcbill’s video completes this evenings Homosexual Opera (not that there is anything wrong with that).
And now that we know what Fly looks like (kind of a metrosexual without the purse) I do believe I saw him last year standing in line at Disney wearing white socks with black shoes, wearing a fanny pack munching on a giant smoked turkey leg.
Notice how the character who is playing Le Fly seems like he’s had his mustache removed at some point?
______
tru Jake
Funny as hell, but he mispronounced indeud.
Is that a picture of Devildog on the wall?
Governments continue giving bullish investors a de facto long position in the mother of all put options.
Now that futures have receded, all of you can stfu and go about your days knowing you are all idiot jackasses.
ever wonder why you attract them like..oh never mind
mrsbuttons,
Rule #34
tits or gtfo
respectfully of course
Doc called, he said to double your dosage of Zanoff if your Fly-polar symptoms start acting up.
Fly. Hellloooo!!! You are facing a mental crackup. Take some time off or go get a job in the Parks Department with Jerry’s cousin Jeffrey. He can help you.
30 minute countdown. The indecision in the air is so thick, you can cut it with a knife.
It’s been some time since my last post but I am still alive and kicking. I covered all of shorts some time ago and have just been sitting on the side.
Covered my short crude play, but still long nat gas.
Holding a few longs that continue to make me coin.
Long GLD, SLV, ILSN, INFA, GMCR and TBT
Also went long SRS — yes it was before The Fly made his trade
Initiated a long position in SY last week
The volume remains week and most of the volume (70%) is high frequency trading by the robots. Market manipulation is alive and well.
The easy money that the banks are receiving is being used in highly speculative bets once again. This easy money policy continues to create the largest economic distortion ever known to man. Cheap money policies eventually bring about far more violent oscillations in business that those they are designed to remedy or prevent.
The money rate can be kept artificially low only by continuous new injections of currency or bank credit in place of real savings. This can create the illusion of more capital, but it is a policy of continuous inflation.
hey Moe since when did you jumped into the inflation camp? All of the past 1 1/2 years you’ve been giving me grief about my inflation views and how we were in for continued bouts of deflation. Without an apology or acknowledgment you’ve Benedict Arnolded over to the other side. Dude….
Been in the inflation camp for a while. Thats part of my reasoning for owning GLD, SLV, and TIP.
OK. We got our 11,000 print. Can we get back to business?
sorry, no… robots are still in control.
Dumas, I know where your accounts are. Cease your insolence immediately, or I will obliterate your account. That is all.
Die robot die!
Yogi & Boo Boo, I know where your accounts are. Cease your insolence immediately, or I will obliterate your account. That is all.
Did you check out my new link? I thought you might like it…
oh and bought more ISLN
Bought FLS
We are now going to trade sideways all week. This week is going to act like an opex Friday, but it will be an entire week of trading that way. No reason to even watch the market. Monday of next week will be the big move. And when it happens, there is going to be a huge divergence in the market. True investing will start again on that day. Shitty companies will fall apart, and well run companies with little debt will sky rocket. I suggest you plan accordingly, because this is going to get really interesting.
Humble Pie……how about another slice?
Jesus christ, I’ve had to pop another percacet and hold my forehead in place while laughing to this fucking bullshit, this is just fucking funny. really fucking funny.
When i flipped Dow bearish 2 weeks ago, it was largely due to the crowded shorts in Yen,Bonds,Vix, and Dollars.
TLT and FXY squeezes are still working fine.
Unless they can reverse down hard, and break apr 5th lows, UUP and VXX will catch up to them on the upside.
If they continue to lag, it only increases the possibility that they’ll outperform when they catch up
In other news, the QQQQ is still doomed. The Cylon’s “Najarian resurrection hub” has been destroyed.
http://www.youtube.com/watch?v=mTSR6bu0Nq0&feature=related
Holy Moly….look at most actives in US….4 or 5 stocks up 50% or more.
ABK…you think that fucker is being manipulated?
TIVO volume picking up $17.45 @ 12.17 pm GO BUY!!!!!
http://ibankcoin.com/henry_fool/2010/04/12/recommending-long-positions-wtf/
Looks like Fly finally got the opportunity to face slap Hank Paulson with slices of pizza …
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8oq84fljGeA&pos=4
http://www.bloomberg.com/avp/avp.htm?N=av&clipSRC=mms://media2.bloomberg.com/cache/vpkterJtFYvE.asf&T=Paulson%20Says%20Yuan%20Appreciation%20Is%20in%20China