With European futures pointing “full retard with tilted head” lower, I look forward to buying your margin liquidations shortly. Always remember, while many of you get “imax’d then Tivo’d in the markets, “The Fly” is cloaked in darkness with a whole battery of large artillery cannons pointed at your bullshit lawn. I spit on your lawn, as I stroll by your residence.
Following a long weekend at Hershey, PA, I can tell you, first hand, people from PA are still broke as fuck. While driving past some of these people, decked out in Jesus clothes, I told Mrs. Fly “do not feel sorry for them. They are poor because they are sinners and deserve to live a life of hardship.” While none of that shit was true, I did like the tone of my demeanor/cadence and how it shocked Mrs. Fly’s friends into stoic silence.
As for the markets: go look up my predictions for 2010 (I am too lazy to link), for they are spot on, so far—even regarding the comedic events in Thailand.
In short, instead of giving you “tonnes” of reasons explaining why we will destroy ourselves for the second time in so many years, feel solace in knowing, it is assured and we are becoming quite efficient at it.
LONNNNNG [[VXX]] like tits in prison.
UPDATE: George4title (for some reason, I watch almost every George yootoob vid) from the YOUTOOB has a new documentary out: MELT UP. Worth a looksy.
[youtube:http://www.youtube.com/watch?v=eb1n1X0Oqdw 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
The Fly is God.
VXX
Heavy metal took two hits this weekend, hopefully not tomorrow.
Noticed the asian markets falling tonight.
I know about Ronnie James Dio. What’s the second one?
Like what in prison??
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tits.
Not an OZ fan, eh?
““full retard with tilted head” lower”
HA!
Well this is all like duh….still amazes that VXX does so much better then SMN and FXP, lesson learned there.
Well, in 2008, I made most of my money (+80 percent) long SKF, FXP. However, the trade now, in my estimation, is VXX—due to the EXTREMELY low starting point of volatility. The VIX index may hit 80 before things settle down.
About 27+ weighted VXX
Well, thanxs to you last week I added VXX to my SMN,FXP,DRR positions….we still can pop around once we hit the 1110ish area but unless China Govt comes in and decides to support world, I just don’t see much hope…but we already went thru that when I asked you about it last week when everyone was still so giddy.
Don’t go for the ‘another 2008’ BS that is being passed around. The easy money has been made and we’re in a secular bear but it’s not 2008.
This is a another short term ‘shake and bake’ down to the 200MA at 1100.
Stay light and be nimble. If in doubt 100% cash is the best bet for at least the next few weeks.
As for the ‘tits in prison’, that is rare Fly gold, enjoy.
Buying any large gap down in the morning.
TA
I disagree. WE are in end game now, could be worse than 2008.
Asia is buying high end logs from us like it’s candy.
It’s 2004, not 2008.
That said 100% cash is still best in this market.
Sticking to shorts on any bounces until 1100.
Worse than 2008???
You, sir, will look GREAT in your brand new Dodge Viper!
You should see the stereo system he got for the bunker!
60″ plasma too… “end of the world” epics running day and night….
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Oh, and Jeremy can tell some of you how much VXX I have in my personal acct. Well, he can’t tell you total, but give an idea.
Indeud. It’s obscene.
Spit on my lawn any time
It’ll take your liquids
look for the proverbial rain forest
You’re a disgusting man. Get off of my internet lawn aka website.
+1 Fly spit won’t hurt my irrigated & chemically treated lawn.
Keep things simple. Riding the yield curve is the one trade that has worked in Japan for 20 years. I expect the same here. Buy eurodollars or eurodollar calls. Rinse. Repeat.
I love it. Busting cramers balls for all his fans to see.
@jimcramer quick, I need another market general!! $$
Jim is a good guy that really works very hard trying to understand it all, heck he is one of the few on Twitter at 4am est…….I have seen it before in Stockpickr, he is so generous with his time hanging out posting, then the bashing gets too much for him and he just leaves, I sort of like being able to talk to him again, I miss it……………..he is a learning and developing like us all…….well, the fly has it all down…..but with Jim, if you attack him he fights for awhile but then leaves, and that would bum me out…….Fly, he REALLY takes it VERY personal….it really hurts him…..trust me on that.
Crammer = Pure D. Squid scum.
I agree with you nymph. Only thing is that he’s been caught out telling a few fibs here and there and it hurts him.
But over all I think he means well.
You’re freaking me out a little ovah heah, Fly.
Fly is DD!!!
Ah, the old tits-in-prison trade.
Bernie Madoff still bankable.
That piece would be 1,000 x more credible (not to mention shorter) if they left out that asshat with the goofy cravat.
Pissing and moaning about how Olive Garden is not “real Italian” and Wal-mart is too cold a shopping experience now passes for expert financial acumen?
As I’ve known a man to say:
“Pfffffffffffffft!!”
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Their implication that silver contract longs are going to, en masse, demand physical silver sounded like pm salesman hyperbole.
Yeah, that’s been “the line” for …geez, I dunno how long… forever?
However, the massive short in silver JPM has put on is somewhat curious, considering they are, for the most part, the Fed.
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If going to Hershey Park and seeing tattooed prison tits is your personal version of “Scared Straight,” you may need a nerve relaxant like mama used to make… Sleep well with gold and pasta, my friends.
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Wait a minute…THAT’S NOT CHOCOLATE!
Super Ouch…Shanghai Comp is down over 4% at the moment and took out it’s last week low….The Shanghai Futures in Copper hit it’s daily limit and stopped trading for the day.
Ben Bernake is like a heroin addict!
Why Hershey? Mrs Fly’s folks?
Although, I agree, the people of Hershey deserve it.
This is one fine piece of writing.
Mrs. Steve, Steve Jr., and myself also had a good time in Hershey with you, Mrs. Fly, and some of her friends. We thought it was especially funny when you punched out the Reese’s Peanut Butter character for ogling Mrs. Fly. Of course the fake vomit you placed on Mrs. Fly’s friend when going down the roller coaster was pretty clever also. However, we all agreed that you should have left the Speedo at home when you went down the water slide.
Was the fake vomit on Hersheypark’s best ride, of course named The GREAT BEAR… ?
IS all but assured; not ARE
MS, etc just had to upgrade europe today….I hate analyst….esp pending ZEW data tonight, unless they know survey will beat again…I hate economic surveys too.
AMR buyout rumor.
Something to watch
Are assured? Or Is assured?
Where is everyone? Don’t you have the interwebs in your Armageddon bunkers?
Were are getting a sandwich