You people are just flat out gay. There is no other way to explain your investment methods, sashaying in and out of stocks—as if it were a fashion show. You’re over there sucking the fucking lemons off stocks, in the midst of a topping formation that will eventually lead to a stiff and burdensome decline. What am I doing, you ask?
Well, hang on a second or two and I will tell you.
My cash position is 20%, [[VXX]] 28% and long positions 52%. For the day, I am up a whopping 0.2%, led by gains in SINA Corporation (USA) [[SINA]] and GMX Resources Inc. [[GMXR]] . In other words, I’m eating carrots over here, watching you spin your wheels.
Do I find pleasure in watching others make mistakes?
As a matter of fact, yes, I do.
On the bright side, we are seeing a bounce back in many steel names, giving hope to the global growth crowd that China’s recent stock market smashing was all a mirage, a cruel joke of sorts. As you readily know, China is the Santa Claus for the world. When in doubt, just ask China to buy your shit; they have endless pools of money and are really, really stupid.
In short, “The Fly” is still preparing to buy your margin liquidations. So, get out there and go buck crazy, silly kids.
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Flabbergasted!
first???
I’m ready for 9900…. unholy mob of boring defensive mojo to sell when I Get the urge.
Not so much…
PPT nailed the top last week… while it got to 2.28 that was not the bottom per the historical scores. We don’t hit another top until a bottom. Hence, it’s fun for day traders but can be a messy market until we find that elusive bottom again.
Tremendously surprised!
So what is the stupid buzz about Germany banning short selling in equities and bonds? Zero says it’s in Reuters, another says it’s on German TV…..anyone have a handle on this cuz I can’t find
fyi- zerohedge is like a cartoon for retards
Funniest thing I’ve read today. Nice. Can I have another?
How does Michele Cabrera look today?
Just naked it appears…http://www.reuters.com/article/idUSBAT00546520100518 ………….You know Fly, I am really amazed still at all of this…I am top heavy in shorts, I will probably get hurt a bit, but I am still getting this “timing” thing down better….and love mini carrots
Fly,
So now you’re saying we’re not going to 9900?
I’m up a whopping .25%. Sold the SINA. F those Chinese.
Safe bargain of the year? XOM at 63 & change
is oil a buy under 60bux?
Are you V.King(ing) yet? You should be….check out Jake Gints blog and see how you could be up 14% in 1 week….
by the way The V.King sold 5,500 of his last call @ 12.95+ …because he was board
I may go to B.King….
Board, or bored? Go to B.King for excitement!
Bored….well played. Please send me your e-mail address so I may use you for my spell checking needs….dickless shitface…..
I wonder how much you can dead lift?
Don’t let him get off the hook by telling you how much he leg presses instead. Even Madeleine Albright can leg press 400lbs.
You’re right ….squats
Dear sweet Jesus, look at oil futures. June delivery is up a whopping 100pts. Whoohoo!
To bad every other delivery extending into the future is BURNING TO THE GROUND!! Delivery for the remainder of the year and all of next year is down on average more than 3.5%.
This is not going to end well.
indued….exempting desiderating into stateship
Wait till Israel attacks Iran and Iran then tightens the oil transportation corridor along its coast. Oil will easily double.
The war drums are beating loudly in DC… they fully expect Israel to make a strategic aggressive move. The US will be there to back up anything Israel does.
This is a good time to look at oil, for the long term.
Thanks, but I don’t particularly enjoy the idea of making long term plans that run counter to the positioning of the world’s largest consumer of natural resources based solely on one very small, insignificant country attempting to make war in a region composed nearly entirely of enemies to it, when we have made it crystal clear we will not support them in their endeavor.
In fact, I’d rather swallow a bucket of roofing nails than make that trade. If you’re going to buy oil, it should be because you think manufacturing in large industrial nations is going to hold steady or pick up. Not because of stupidity in the Middle East.
Besides, if attacked, Iran can’t afford to close the shipping lane. Their budget is largely dependent on the exporting of crude oil and their economy requires imports of gasoline and other strategic materials that they absolutely cannot survive without.
Hey, look at this: “Dow Theorist Richard Russell: Sell Everything Liquid”.
Cheery!
Check out the book “Patriots” by James Rawles. It’s great reading for times like these… it’s a fictional account of what happens after the economy crashes, and how to survive what happens afterward — it’s very educational. The guy who wrote it is the owner of the biggest survival blog online.
Buckle up ladies. The euro is shitting itself.
EUR/USD and EUR/JPY going fucking nuts. Getting thrown around like a Smart car in a carwash.
Gold and silver doing the 2 pm blast off.
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