I bought truckloads of GLW, EWZ and X and nibbled on some MLNX, reducing my cash position to around 10%. This is as far as I will go.
In other words, I am “all in” fuckface.
Let the games begin, despite the obvious fact that this is not a game anymore.
[youtube:http://www.youtube.com/watch?v=t8iFIrR8ZvI 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
Good luck with that, I’m all-in long myself.
You are betting against the wrong man. I will seize your house, fuckface.
Good luck with that, be a long row over to this side of the pond.
too fuckin funny.Fuckface,havent heard that one since i was a kid in philly back in da 60’s. fuckface, i’m dyin
Looks like everyone’s following!!
http://www.youtube.com/watch?v=EmfE4KAZicY
welcome back. i have this saved & use it often – it never gets old ….
thank you
Chivas haven’t seen you in some time, how have things been?
‘
Gap,
feeling really good. thanks for asking. have missed the action too much. in the process of getting back in.
just bought bp for better or worse.
This late-day rally seems a bit suspicious.
You are a novice. Watch the stock Gods bless me. Watch it in real time.
I’m not worried about what you’re doing. I’m too busy taking cash out of this fucked up market.
The Fly has balls of steal (sic).
cute
had a bizness called mr. sandman. funny anyone would even use it anymore. cool.
Small world…positive GS and BP news hit at exactly the same time.
It’s just a coincidence.
Oh great, not another coincidence theorist
Somebody seemed to know about GS yesterday. Nothing wrong with that I suppose. Send Martha Stewart to jail again.
I do what fly say.
In theory, oil and the dollar could rise at the same time the next few months. At the very least, this would prevent a Dow crash.
UUP and USO rose in tandem for many months last year.
I think it all depends on what president rahm emmanuel decides to do with Iran. Im sure he will ask for input from his intern, obama, at some point.
http://www.salon.com/news/israel/?story=/politics/war_room/2010/07/15/obama_israel_rift_not_on_iran
http://www.time.com/time/printout/0,8816,2003921,00.html
http://www.spiegel.de/international/world/0,1518,706445,00.html
“…The discussion revolved around the Middle East. When asked whether the UAE would support a possible Israeli air strike against the regime in Tehran, Ambassador Otaiba said: “A military attack on Iran by whomever would be a disaster, but Iran with a nuclear weapon would be a bigger disaster.”
These were unusually candid words. A military strike, the diplomat continued, would undoubtedly lead to a “backlash.” “There will be problems of people protesting and rioting and very unhappy that there is an outside force attacking a Muslim country,” he said.
But, he added, “if you are asking me, ‘Am I willing to live with that versus living with a nuclear Iran,’ my answer is still the same. We cannot live with a nuclear Iran. I am willing to absorb what takes place at the expense of the security of the U.A.E…””
It’s shouldn’t be shocking that some of our puppets agree in public with what they think we want to hear.
Or maybe the US, for all its flaws, is not the only country that thinks the crazies are crazy. And not liking Iran doesn’t mean they DO like the US.
Why not tell them to knock it off or we blow up that black rock in Mecca with a cruise missle or something.
in theory after eating enough beans my ass could expload causing me instant death and emitting so much methane in the air that everyone around me dies.
Hey Chuck Bennett check out VVUS and ARNA
I banked some coin with covered calls on both of those names. Check the premium.
Long BP July 38 puts at pennies each. I don’t believe anything that they say. Announcement timing suspect.
Goldman potentially settling at 4:45 PM
Go team Squid
http://www.fundmymutualfund.com/2010/07/market-jumps-on-sec-announcement-coming.html
It goes without saying but………………..
THE FLY WINS AGAIN!
FINALLY banked some coin on GS ! Sold out at 148.. Fly are you keeping yours?
Fuck me your a good read…..– Keep up the great work……..
GS- thank you Sir Fly and all your stock goodness and shit.
This was a great leeching.
Fly ………..you still have GS Still holding form $149.80 Ride all the way down to low and now look to make some $$ here
GOOG might rain a few turds on the parade tomorrow. Not bad, but so far not good enough.
BAC, C, GE tomorrow. I’m sure they’ll be fine. Pay no attention to the “assets” behind the curtain.
THE FLY IS GOD, DAMMMIT
Bought TNA, CQP, CSIQ, REX, SGG, and owned KEM (consistent buying pressure on this one)
let’s rollllll
You fuckers are crazy….im holding onto my 500 VXX shares…
I was going to sell mine today at 27.22 but I did not. Now I’m freaking out cause Fly is god and if he says the market will go higher it shall, and if he goes “all in” it’s not good for my hedges.
Listen to fly but also bet your hand. My hand is not up 45% on the year. My hand is up 8% or some shit.
I want to let these full 12 inches out, but can’t do it given the proximity to fuck you up resistance levels, terrible economic news, and earnings reports of an undecided nature.
Fly is in a position to take a risk….and, oh, by the way, he will be back to 40% cash by noon tomorrow if it don’t “feel right”.
On one hand you have GS announcement and on the other hand, you have the Google’s earnings triggered slide in after hours. It should be a tug of war for this and for various reasons.
Given that we have been in a twilight zone since the last couple of months, it seems best to adapt a strategy of one day at a time and be quick on your feet.
That is exactly what I have been doing, why I have been winning and will continue to do so until the market gives me evidence that it has shifted its avatar.
My latest post explains the twilight thing – http://www.ibankcoin.com/peanut_gallery/index.php/2010/07/15/whos-your-daddy/
Bears did not show up for shit. After we push 1100.. GG taking my profits and sittting on it.
By all accounts, the market should have been down today. When something doesn’t want to go down when it should go down, you know what they say……?
(….rhetorically asking the question, opening the door for wise-ass comments from the peanut gallery)
“When something doesn’t want to go down when it should go down, you know what they say……?”
Empty the magazine?
dead man walking
ha!!! funny shit…..
“I’m tired.”
does it happen the same as when a girl doesn’t go down on your first attempt and she doesn’t want to go down when she should and you don’t stop trying?
I know my girlfriend is very happy when that sort of thing happens …
edit: hey, someone already stole my thunder on this thought … crap 😉
You should contact your doctor immediately if errection persists more than 3 hours?
Call in an intern named Monica?
-If something doesn’t want to go down when it should, don’t take it personal, you probably just aren’t long enough and you should step aside so you stop wasting her time so she can get with a well hung guy (like myself)… sorry, you just aren’t doing it for her, thanks for playing.
Other answers include but aren’t limited to:
1) Pull out and jizz on her face
2) Get the Cloreform and some rope
3) Dump that bitch and find someone that will
p.s. if you actually have been in this situation and considered #2 fuck you, asshole, it was just a joke
I am still waiting for any pullback. I think we are extended here as MCD is clown fucking all-time 42 year highs on a vertical 8%+ move.
Hedge fund returns are mixed YTD. Note active trading index is approx zero. Robots ain’t doing shit. Notice the fixed income corporate and ABX returns. If I remember correctly this same type of thing happened in 2009 when corporates/convertibles got bought and then equities followed.
Index == June 2010 == May 2010 == YTD 2010
HFRX Absolute Return Index -0.64% -0.62% -1.98%
HFRX Active Trading Index -0.19% -1.59% 0.08%
HFRX Activist Index -1.87% -6.21% -4.73%
HFRX Aggregate Index -0.54% -2.53% -0.46%
HFRX Alternative Energy Index -4.18% -8.40% -13.16%
HFRX Commodity Index -1.44% -1.81% -5.27%
HFRX Commodity: Agriculture Index 0.41% -1.85% -4.76%
HFRX Commodity: Energy Index -2.22% -2.91% -3.41%
HFRX Commodity: Metals Index 1.27% 1.83% 2.48%
HFRX Convertible Arbitrage Index 0.11% -1.68% 1.92%
HFRX Credit Arbitrage Index 0.03% -2.13% 2.36%
HFRX Currency Index -0.09% -0.23% 3.06%
HFRX Discretionary Thematic Index -0.08% -1.03% -1.97%
HFRX Distressed Securities Index -3.73% -3.16% 0.38%
HFRX Diversity Index -1.83% -3.17% 0.71%
HFRX ED: Multi-Strategy Index -0.58% -2.84% -0.57%
HFRX EH: Multi-Strategy Index -6.26% -8.10% -8.62%
HFRX Energy/Basic Materials Index -1.54% -4.94% -7.40%
HFRX Energy Infrastructure Index 3.43% -3.59% 6.82%
HFRX Equal Weighted Strategies Index -0.99% -1.84% -0.09%
HFRX Equity Hedge Index -1.38% -3.39% -3.42%
HFRX Equity Market Neutral Index -0.77% 2.08% 1.93%
HFRX Event Driven Index -0.53% -3.23% -0.73%
HFRX Fixed Income-Asset Backed Index 0.90% 2.41% 5.56%
HFRX Fixed Income-Corporate Index -0.46% -2.62% 6.12%
HFRX Fixed Income-Sovereign Index 0.95% -1.45% 1.61%
HFRX Fundamental Growth Index -2.85% -3.19% -9.37%
HFRX Fundamental Value Index -0.65% -3.08% -1.34%
HFRX Global Hedge Fund Index -0.94% -2.64% -1.20%
HFRX Macro Index -1.32% -0.92% -2.32%
HFRX Macro: Multi-Strategy Index 1.09% 1.44% 0.40%
HFRX Market Directional Index -1.14% -2.46% -0.01%
HFRX Merger Arbitrage Index -0.58% -1.45% 0.13%
HFRX Private Issue/Regulation D Index -1.86% 1.74% 8.08%
HFRX Quantitative Directional Index -1.74% -1.00% -3.01%
HFRX Real Estate Index -0.25% -4.31% -2.81%
HFRX Relative Value Arbitrage Index 0.29% -2.91% 1.29%
HFRX RVA: Multi-Strategy Index 0.10% -3.48% 3.23%
HFRX Short Bias Index 3.59% 2.35% -8.49%
HFRX Special Situations Index -0.48% -2.42% 0.03%
HFRX Systematic Diversified Index 0.64% 1.03% 4.53%
HFRX Technology/Healthcare Index -1.41% -4.24% -5.88%
HFRX Volatility Index -0.10% -3.96% -8.39%
HFRX Yield Alternative Index 1.61% -3.98% 1.91%
looks like the detainees from GS bought alot of their own stock today…isnt that how they get paid? or is that them running their own bonuses up ?
dow is down
nas is down
down is down no matter how glamorous you make it sound
Time to roll in the coin.
http://www.youtube.com/watch?v=r3cEls5JUqk
some market trickery
why not .
anyhow we will see higher prices volume/price move tells this ..
and if tomorrow repeats today in a way or another , next week we will se higher prices. . too much volumes buyin the ask today
SD rocking in the after hour, not sure why.
SD rolling AH due to mention on Cramer
In the Thursday “Sell Block” segment, Cramer gave the “all clear” signal for SandRidge Energy (SD), a natural gas producer he last recommended on March 13. Since that recommendation, shares of SandRidge have fallen 13%.
Cramer said there were two reasons for the decline, an earnings miss on May 6 and the company’s $1.3 billion bid for oil producer Arena Resources (ARD). Cramer explained that the acquisition of Arena was an all stock deal, which diluted current shareholders. Making matters worse, short sellers have been piling onto SandRidge, shorting the acquirer and buying into Arena.
But all of that will change, said Cramer, as the Arena deal is expected to close tomorrow. With the short selling pressure gone, and analysts ready to step up and recommend the combined company, Cramer said the stock of SandRidge is ready to roll.
Cramer said the combined SandRidge is now even more compelling, as the company is no longer just a natural gas producer. In fact, SandRidge expects 70% of its 2011 revenues to come from oil. Additionally, most of Arena’s production is hedged at much higher levels through 2012, making SandRidge even more profitable.
Cramer praised SandRidge management for making the smart choice to diversify just as competition in the natural gas market is heating up. With the Arena deal closed, Cramer said SandRidge is buy.
and what do you think should be done ?
I would be buying into this, its really cheap here. Shorts will cover since the deal will close and the arb will no longer be there. The new company will be very strong.
i dont know, if cramer made such a bad call in the first place there isnt a chance in hell i would think he would get it right the second time around …and the fact that college kids admire him and probably invested in this in the first place because ” he said so” really pisses me off that he led them straight to hell..
im sure they worked hard for the money they made …my opinion is cramer is a fuckn idiot and should be banned ..
thanks for the heads up..appreciate it
i just read it again…Sounds postitive…
GS mrk cap $75B, fine $550M = 1% of mrk cap, stock up 10% today…got to love the SEC. Not complaining, made easy 5% in AH
With all due respect I wounder how would you explain bonds and yen behavior today, Sir?
Bonds and Yen acted the way they should w/Asia sell off…it was risk off. But, as I pointed out for a couple of days that they are short squeezing the eur/usd…gbp too….citi techs had a target of 1.30/1.31 for it. In the morning there was gossip that they were going to get out in the 1.2915ish area, a little under their target. Could be they did, or are hanging in cuz more are jumping on…yeah, you could say they bought cuz BP problems were coming to an end and that will help UK…barrier options are around 1.3000 so it will be a lot rougher for a risk on play going into the weekend….will it last, I have no idea cuz it is one really strong short squeeze rally going on….Shanghai Comp, etc is down again tonight…we will see.
Show us your tits!
easier said than done here.
Here you go
8=D
sorry, wrong size
8=====D
Fly, what’s yer take on MOT here? pretty slick little phone.
“In other words, I am “all in” fuckface.
Let the games begin, despite the obvious fact that this is not a game anymore.”
I live for this blog.
… you prolly oughta consider getin’ a fuckin’ life …
—
Uhhh … imo !
.
The Fly is God.
… nevertheless !!!
Life Is Short !!!
—
Consider this … Fly wouldn’t piss on you if you were on fire !!!
Therefore … well … need I say more !?!
Just sayin’ !!!
.
It is possible neighbor Fly would piss on him to put out a fire. One time we were all on a Cub Scout camping trip and the tent where Fly, Jr. and Steve, Jr. were sleeping caught on fire from the campfire embers.
There was no water around and Fly just consumed a couple of six packs. So he whipped out his shvantz and aimed for the flames. Fly saved their lives with his urine. He received a medal for heroism and was given a lifetime pass to the Park.
Good song choice, Fly.
Steve… You’re pretty much nuts. You are amusing though.
Market headed higher tomorrow! Lovin this market… These 2 weeks has been a bear castration
Steve… You’re pretty much nuts. You are amusing though.
Market headed higher tomorrow! Lovin this market… These 2 weeks has been a bear castration
Maw just got back from the mall and Walmart, not a soul in sight. We were touring much of the country the last month. Anyway, Maw gave me the nod that all is clear to sell short again which I did into the close, big.
Friday will be nasty for da bulls, unfortunately.
Not looking too good right now
any good shows you’re following lately?
tmmrrw i think we go down
Fly, did you ever look at FORM when you were going through Broad Line Semis?
They are trading at book, have no debt and a shitload of cash with lawsuits defending IP. They also test shit for INTC, who apparently hand out chips like fucking cafeteria trolls.
fwiw I can’t do my next week article tonight, hurt hand, ouch, too hard to type.
Es_f shaping up an inverse h&s keep ya chin up son. Bearfuck up
Going “all-in” after a near 9% rise in a mere 2 weeks? You really do have large balls. I personally believe we are in the “last throes” of the bull market that began almost 1 year ago to the day, and its all downhill from here. Going long anything in size here is ill-advised.
You all just need to read my blogs – plain and simple.
I am all in because my galactically smart calculator brain works light years faster than your sun dial speed brains.
Fuck you. I also have a time machine.
BP says they stopped the oil, now I would like to hear we cleaned up all the oil spill. Not in this lifetime.
cleaning their mess up will be a pipe dream, won’t happen. It is past the point of a reasonable expectation.
In two years or less it will be cleaned up. Believe dat.
Whats going to sustain the housing market. Im concern about future weekness, and how it will effect our economy. Slow growth is fine , just don’t want the market to get out of balance again.
looks like Dougie Kass 1 and Le Fly 0…
http://twitter.com/DougKass
dude what
it hasnt played out yet
Ahaha. The Fly went all in as the Euro hit 1.30. Brilliance.
I need to go eat a sandwich!
Since april the housing market has been heading lower. If they can’t lower rates to pick up buyers, whats going to keep the inventory from increasing, and pushing prices lower, causing more people not to be able to sell their home, because of more negative equity, and a low supply of buyers. What makes this market really tough now, is the money has been spent, and were heading back to where were we were going, before the tax credit. I hope not just thinking out loud.
this is you guys, watching me
http://www.youtube.com/watch?v=OQSNhk5ICTI
-tears-
its so beautiful!
cad getting poleaxed 🙁
ndx under 1800 next week?
really fucking bizarre audio
I imagine that guy only wearing only the finest of burlaps
I hope the fly got all out when looking the 60M SELL at the bell .. ( DJI )
today seems an epic dimension selloff ..
not an “I’m long all in ala fuckface market will recover”
Fly add to long or cut loss?