I know my boy Scotty likes to throw my little VXX into his play volcano, where he stacks it with Pepsi and mentos; but you must admit, with all of the shit hitting the fan right now, volatility is cheap. For the love of fucks sake, it was trading above $30 in a market that was not nearly as creatively destructive as this one. We got imbeciles doing “The Hugh Hendry” long TLT, on the exchange floor, as if that shit was really a dance move. And, the currency degenerates aka OTB guys, are destroying the entire country of Japan, via forcing yen higher. This all stinks to high heavens, despite JAKEGINT’s “cement head” (CH) demeanor. As the handsome Senator from KY country gets ready for his run in 2012, “The Fly” is busy trying to save his overzealous kids from drowning in the Pacific ocean.
As it stands now, this little trip of mine is proving to be immensely expensive, as I find myself out of the loop of certain things to do with Wall Street and “in the know” of cool places to gobble down eggs benedict. There is a certain laziness to the California lifestyle, which is much different than NYC. In NY, I tend to be on edge all of the time, looking out for murderholes. Over here, I seem to not care about holes, whether they are pits with money in them or life vacuums.
As I can see by the close, stocks closed badly today. At this point, I cannot be optimistic. Seeing my VXX position barely up in the sea of tragedy, I am disappointed, but not demoralized. As this hole in the Earth gets bigger, people will eventually fall into the vortex and force them to declare “mercy.” When they do this, by way of capitulation, I will sell VXX for more than $30.
Before that happens, as God is my witness, we shall have a rally—especially since the laws of mathematics kicked in today.
The Fly is God!
Sweet. Just like old times.
Rubbed some VXX on my chest this morning.
Gint / BEAS in the 2012
Nice. You know about BEAS? Glad to hear.
Beas
River in India
companu bought by ORCL 2years ago
philosphical organization founded in India
There was even more stuff when I Googled it. Am I getting warm?
Not at all. He’s the mysterious guy with the pipe that I put everywhere.
Oh. Not famous enough to be in Wikipedia, it appears. Not in the beginning pages of Google images for BEAS either. Someone under the radar?
I think we did this already.
Genghis Khan quotes.
Obviously Fly still needs to adjust to the time as he has a three hour void to fill between the market close and hors d’oeuvres and hard liquor being served on the porch while watching the Japanese Harpoon Boats going after the whales in front of his ocean view room.
If called on to be Lord God Emperor, I shall serve.
Otherwise, fugghedaboudit.
______
I like that. LORD GOD EMPEROR, KING OF ALL KINGS, RULER OF ALL DYNASTIES.
Close… it’s another Herbert reference.
I must be assigned my own Bene Gesserit witch (hot, of course), and be requisitioned two bales of spice per week.
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Boss of all bosses.
Trending market. Direction down. VXX played.
fly – why don’t you just buy the underlying instrument? the rolling rebalances of this and next month futures and the standard time decay options incur make vxx very expensive to hold.
do you expect some crazy backwardation to occur?
sincerely,
turd
Turd
I expect to be surprised. And, I hate options, with a passion. Just think of the options of VIX and the ETF VXX as two different instruments, because they are.
prepare to get your faces ripped off tomorrow. ireland just took a swift kick to the nuts.
The Irish will drink it off.
They always do.
_____
Not racist because it’s true (and because I’m one of them).
Well if you are one of them, take the fucking lube off your face and behave like a gentleman
old news.. we have recovered already
The Cottage in La Jolla might fix your eggs benedict problem
did that. Great food; lousy service.
There’s the rub. Lodge at Torrey Pines is nice too. I mostly know places further up the coast OC/LA.
The hamburger at the lodge is one of the best in San Diego, and there’s a great beach just a littler further up the road.
It’s only Tuesday and I will drink with my fellow irishmen as they drink off the downgrade
Vote Palin/Gint 2012!
(CH)
Glossary deserving….JG V. Fly sparring is good TV
your on a roll dude.
Jake – You really should run. If not now, when the kids get older.
Indeud.
My support will be on deep cover so as not to raise the antagonism of certain people who might view you negatively by mere Gint of association with the legend of Braveflaps.
I refer here of course to all women and, most likely, nearly all good men of taste and consequence.
Good day, sir…
I would make you and “Hmmmmm…” my chief speechwriters, SubCommandante (sic?).
_____________
Ha. Would I be forced to drop rhetorical Baums [sic] on those in control of monetary policy?
L. Frank Baums, yes.
__________
He does meet at least two of the prerequisites.
^^^^
I’d thought we’d agreed to ban this anti-Semitic asshole?
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stop lying and attacking people just because they disagree with you. Possibly you have something to say about markets/trading since i believe this was the purpose of the website?
Did you actually say “disagree with me,” asshat sock puppet of Purdy?
Before making more lame attempts to save the trolls, why not review the thread and see who attacked whom?
I promise you, it won’t be a matter of intense due diligence.
____________
LOL. The one thing that our self-proclaimed champion of free speech can’t tolerate is someone pointing out the existence and the power of the Israeli Lobby in DC. …this in a thread, started by someone else, about the prospects for an attack in Iran before the Nov elections (with me arguing that they would not attack.)
What a fucking hypocrite you are.
Anyway, what Fly banned was your unfounded name-calling. Name-calling with a good foundation in fact is still permitted.
For example, one would be allowed to call you a chicken hawk with a Napoleon complex and a small dick …or a hypocritical blowhard who cannot stand to be contradicted …or a humorless queen …or a consistent stock market loser who had readers buy MON in the $80s, VECO in the $40s, TBT just recently (how’s that working out loser?) all while preening about how the market was going up (how’s that been working out loser?) and most insufferably, with all of these losing guesses – prancing around shouting about his sole winning guess.
Whooeeee, sounds like the Nazi Troll done blew a gasket!
Sorry I keep winning and showing you up, Troll. Stick to the anti-semitic comments, they are a lot sharper than your hammah-head calls here.
Not to mention your abso-fuggin-lootley non-Existent PG posts.
“Chicken” is about right. Stick your neck out for something other than your anonymous bashing of our Jewish Overlords.
_______
Trollboy will never tell you about the positives, just the negatives. Here’s the Jackson’s from time of delivery, btw (as described, I’m a long term hold guy, you do what you want):
ANDE 124.88%
ANV 258.89%
EGO 137.25%
GDX 57.38%
GLD 39.57%
IAG 123.80%
MON – 32.89%
PAAS 45.29%
RGLD 35.40%
SLV 50.61%
SLW 178.37%
SSRI 0.23% (yes, that figure is right… money market rates!)
TBT -38.55%
TC – 16.48%
TCK 67.84%
_________________________
AVG 68.77% since 5/1/09 (16 months)
Of course, this does not take into effect any hedging I’ve done along the way, so consider this a base number.
Need you ask about the Aunty Semyte, the iBC Troll, providing any traceable calls?
No, you need not.
Good day, sir.
Lol
A Palin/Gint ticket would be rated PG
Only because she is a Bene Gesserit witch.
(Rumored)
Watch for a late arriving Kwisatz Haderach!
__________
California is one majestic state, physically. A lot to see and do, for sure..
Healdsburg baybee.
I will take my pineapple coffin there, to rest amongst the zinfandel vines.
_________
Kalifornia sucks.
It is an acquired taste, particularly if a plane drops you off in LA in June.
while treasuries are inflated now, I’m sure Hugh Hendry will sell. and he must be doing something right…
http://www.zerohedge.com/article/congratulations-hugh-hendry-achieving-best-macro-hedge-fund-ytd-return
nonsense, look at that bear cluster.
Don’t forget a little day tour to Coronado Island (5.2 miles south of downtown San Diego) to visit and dine for lunch or dinner at the Hotel del Coronado (National Historic Landmark). From there, you can drive the beautiful 10 miles to the Tijuana Estuary NP, a California State Park http://www.parks.ca.gov/?page_id=669. Your kids would love it!
Aren’t there some kind of rare goats living there too?
Quelle ironie!
______________
Drive down to Bahia de San Luis Gonzaga on the Sea of Cortez side of Baja Norte, Mexico. My old hang out at Alfonsina’s Hotel, on the beach.
And, oh yeah, you have to offroad about 55 miles to get there. Bring two spare tires, an extra battery and gas filter. The wife will love it.
http://www.panoramio.com/photo/1069236
And, for the kids, see if there are any aircraft carriers around. WOWZER!
Soon young Fly Jr. will be driving an aircraft carrier.
I have seen it, whilst “on the spice.”
___________
Durable goods may be a catalyst for an oversold rally tomorrow. All those people who bought houses on the deadline had to then buy washers, dryers etc for the new casa
S.H.O.M.P
cheaper pussy… added more CAT ta day
This is your chance to munch on some tasty spice cakes and ask the Lord God Emporer anything!
_________________
Er…. “Emperor” — damn edit button!
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Fuck you Bman. I know all about that dangerous drive. I am sure you enjoy low end living in Mexico. I do not agree with your buttery suggestions
The best part about the west coast is that you get to watch the Europe Open at Midnight here while all the East Coasters are sleeping………….Well, for tomorrow we should continue our sell off to about the same levels of today, yet tomorrow if we do that we will be hitting the support I am waiting for so we can get around for a attempted rally once support is hit……..same old, same old….so Fly should continue his california state of mind cuz being great and not having to always be looking for murderholes is Nirvana….and we make a much better egg then the crowded places Wall Street is running to all the time.
VXX is a decaying option. An exellent longterm short candidate. Nuff said.
I am glad you informed us of this. Nobody knew about that decay thing until now. You are genus.
Ah, but what is his phyla?
(Phylum?)
________
You will eat your words, boy
Who you callin’ boy?!!?!?
The “not caring about any holes” is called a contact high.
Possible daytrade setup and the same one I commented on yesterday about this time.
New home sales at 10:00 AM.
As futures tanked this AM on the durable goods report the homies I watch did not move and some were up in pre-market (DHI got a Buy upgrade,TOL is up 3% now). This tells me something (shorts are nervous here).
Just like yesterday if new home sales are worse than expected watch the homies and if they stay about the same or just have small ticks down relative to the rest of the market start buying the etfs (XHB or ITB).
Just don’t jump the gun because you have to see how they react at the 10:00 news.
But be quick (real quick, within seconds, if the news meets or beats expectations) and if they do go down big on the news forget it.
Nice play.
not for long, fuck faces
Mentos pepsi and mythbusters go together. Watch out for the quaking land in calif.
Already out ITB for decent gain
Watch INTC and chips for daytrade here.
What I said before… Nice play.
Wow, look at GMXR and SD. Both of them are pricing in bankruptcy. They are in a race to 0, I wonder who wins.
Out INTC,SMH for 1.75% or so gain.
Banks and financials not joining in so broader market should go down later.
Time for Leave It To Beaver anyway.