The end of the world is coming and you are worried about the stock exchange? While earthquakes hit and ancient volcanoes erupt, you go figure out a way to buy some fucking Apple Inc. [[AAPL]] on the dip. As you do that, HORATIO CLAWHAMMER aka “The Fly” will be building space rockets and shit, for expeditious and convenient evacuation from this cesspool.
As an aside, the flavour [sic] of today’s coffee is BLACK SMOKE. I suggest you take a few sips, while enduring uppercuts to the scrotum, 100% long this market at the 100% tippy-fucking-top. Hell, just yesterday Cramer was on the teevee talking “Dow 12,000,” yet here we are “submarining” into lunch.
My longs are getting hit today. But, overall, with 30% of my assets in [[TLT]] , 10% in [[VXX]] and a little baby position in [[SRS]] , I am doing far better than you, good sir. Oh, did I mention that I had another 30% in cash?
Enjoy the scenery.
[youtube:http://www.youtube.com/watch?v=wfwVToBtvmE 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
Its like Christmas Morning. Fas puts just went through the fucking roof. Dont trust market or the government.
Yep
When it falls this time, there will be no one left to trust other than God himself. Hmmm… Fly is God…..
I see lots of shoppers running around in pigly wiggly pulling stuff from their shopping carts, and heading to the exit doors. But then i see a man with a vingin, holding a bow in one hand, and arrow in the other, and as he walks in looking all around, at all the madness of people running, and screeming, he finds a place to stop, and rest, and to wait..
Is it Apollo?
Maybe Cupid?
Did I hear rumors of R.W. Pelican coming back in some capacity?! Please say it’s so.
http://www.google.com/virgle the alternative to this cesspool
I drink your milkshake and eat your submarine.
Do the GS shuffle. It’s all the rage, almost as “cool” as doing the Hugh Hendry—as featured above in the video.
buy! Selloff becos of a SNL type joke by SEC.
God i love that monkey. Can I get a full sized version…
Well, I’m up for the day. More than three weeks early to this party, but I still never would have guessed the cause. TMoe must be running around with an erection since he heard about the SEC news.
The cause was an overextended-tired out market with fewer buyers each day willing to pay higher prices.
Very visible on daily volume on a number of stocks.
Coulda been Goldman or Iran or …. whatever the whores at CNBC attributed as the today’s cause du jour .
The FLYs flutpuke pick sucks but overall he’s smarter than 99.9% of retail participants because he’s not a lemming.
That’s probably the most true; I agree this market has been way overextended. But I guess what I meant was that I never in my wildest dreams saw Goldman getting brought to court on charges of fraud. That wouldn’t have even made the list of possible scenarios.
Yes, me too.
I’d already come to terms with this Pres being a lackey for GS/Wall St.
I’ve yet to change my mind, but it was a pleasant surprise today.
I’d love for him to prove me wrong, so yes, I was very surprised also
The fiends have gagged a generation of pacified fools
Bound by our greed a nation enslaved as corporate tools.
Arise and raze the legacy of their lies
To realize that this in itself is an ascension
Towards the day we revolt.
As the seeds you’ve cast away take hold
War will be born.
Rejoice, the age of the fall has begun
We’ll dance as the palaces burn.
A shot gun blast into the face of deceit
You’ll gain your just reward.
We’ll not rest until the purge is complete
You will reap what you’ve sown.
My redemption lies in your demise.
In such a world as this does one dare to think for himself?
The paradox of power and peace will destroy itself
To know the truth and live in fear of no man.
To realize that this in itself is an ascension
Toward the day we revolt.
As the seeds you’ve cast away take hold
War will be born.
Rejoice, the age of the fall has begun
We’ll dance as the palaces burn.
My redemption lies in your demise.
Rejoice, the age of the fall has begun.
We’ll dance as the palace
LOG!!!!!!!!!!!!! You know nothing about that!
WHO DAT!!
Lamb of God fan, I see. I prefer All That Remains.
Here’s where the guys who got short 3 weeks ago run around saying ‘I told you so’!
Yes that’s true. We’ll know who was right in the fullness of time.
No, this is where the true believer buys the dip. The guys who said to get out three weeks ago will say “I told you so,” 10% lower from here.
Indeud. That’s so much better than my response. (Waiting patiently for the remaining 9% before I say anything else.)
10% correction or not, the guys that missed or even bet against the trend are still wrong. Stops got hit this morning, I’m mostly out.
Charts need time to set up again.
Stops on what? You’ve been talking a lot but have never given a single stock pick.
Fuck off.
Fly, here you go
I had stopped out of VMW, EOG, PNC and VMC earlier this morning
I just got back into VMW
I have short puts on SD, MGM, LVS, CSIQ, STP, FSYS, FWLT, PCX, NEP, RINO, SGY
I hate these TA kind of idiots who is as vague as one can be when calling the trades but are sure to point fingers at others. Bloody idiots.
We’re in a 10%+ variance market. You’re more likely to lose money getting chucked around like a small mammal than if you just grew a pair of balls and let it ride without stops.
Also, keep in mind pipsqueak, stops only work if you’re insignificant enough to fit through the cracks. Anyone trading in volume would risk seeing partial orders filled if they relied on your advice.
I still have a bunch of holdings as you can see above
Just calls got liquidated and some of the short puts positions were trimmed
here is the goldman news for you truck drivers out there
http://www.youtube.com/watch?v=k5apVJgeNzE&playnext_from=TL&videos=qA13SqH6730&feature=sub
Castle Bravo today. Tsar Bomba being assembled behind the burlap curtains.
Fly,
Are you buying more FTK at this level?
Thanks
Fly can afford it.
I, on the other hand, shorted another 200 shares.