Indeud. The markets are ripping tits this morning, in what can only be described as “fantastic shit.” We had some durable goods numbers that were worse than expected and then some fudge fund manager, David Tepper, came on the teevee and said “The Fed will not let the market go down.”
VOILA, PRESTO! S&P moves up 14 handles.
You have to love this sort of action, as it defies logic, not so much different than the ancient ruins of Puma Punku. Now, if I was a betting man, I’d opt not to bet today. Instead, I’d smoke cigars and whistle at the pretty women passing by. The NAZCRACK, shout out to Krull, is spinning higher, with shit like NFLX hitting new all time highs.
I piss on this market. I vomit on its face.
Folks, this is what happens when shorts eat pavement. They capitulate and markets rip.
Personally, you could not make me buy stocks, even by gunpoint. Granted, I would like to have more long exposure today, considering the melt up to be. However, I can’t buy into a +100 open.
“The Fly” will be watching movies and shit today, while checking in on his losing bets via his spectacular iPhone.
NOTE: A few interesting plays worth exploring: MCP, REE—both “rare earth” companies (whatever the fuck that means).
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I told you guys not to bet against me!
imposter
That is an imposter….
Fly, please ban the fake Bullish
By the way, I don’t say things like: ” TZA is gonna suck cock”
I am a hubris gentleman… thank you
Fly i say ban both of them and see how they handle it…The one who shoots and kills the other will be the fake bullish…i’ve seen this done in an old superfriends cartoon…
i want my T-shirt….. crying and screaming because of this @%^#@$# Open
FIG
Durable Orders Aug actual(-1.3%) consensus (-1.4%)
This is not worse than expected.
market isn’t up b/c if the guy on tv, or the durable goods #, market is up b/c people are running over each other to buy stocks at any sort of a discount. there is still lots of money to be made on the upside, imo
The Markets have been NATIONALIZED.
What “market”? This is like playing the state-run Lottery.
Historically, banker-governments will resort to routine market manipulation prior to a market crash. This is the tell. Otherwise, they have no reason to be so involved. They are just trying to time the crash to synch with legislation that gives them the guaranteed winning ticket to the next rigged casino (carbon credit trading mixed with new fiat currencies).
Tepper was pretty tight, dude should be a motivational speaker.
maybe showing my ignorance here but …
…before this morning I never even heard of David Tepper !
—
Something tells me by the end of the day CNBS wil have mentioned his fuckin’ name in excess of 1 million times !
Jeeez !!!
.
Appaloosa ring a bell? http://en.wikipedia.org/wiki/David_Tepper
BTW Durable Goods Orders were expected @ -1% not -1.4%. So DGO DISAPPOINTED pathetic expectations
Also…… Japan Yen intervention rumors failed to prevent N225 decline.
I told you so…. but than again….
learning form mistakes is not for everyone…
OK… back to skinning some fat bears…
PS.AEM is going to 79.30…. you will have to cover well before..
I will be selling 1/2 for some good coin today
“…both “rare earth” companies (whatever the fuck that means).”
Rare Earth was a band in the early ’70s.
I recall having their 8 track in my Ford Maverick (with the palaid seats).
Groovy
http://www.youtube.com/watch?v=agWpGKg0u3g
ROFLMAO
I just want to celebrate!
When do I get to go on tv and talk my book. Makes the game a bit easier desnt it.
Fly,
Stop using logic…The powers that be need an up market for their puppet to stay in power. You can bank coin on that!
Coming soon….Before the Bell!
who cares,let it rip,i’ll just rub more vxx on my balls, while my longs stay green.
ETN Tipping ritz.
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I will not let the markets go down until after the elections. Bernanke and Tiny Tim at their trading desks.
Russian
You’re banned
Thank you
that is all you can do lmao
New home sales @10:00.
Hopefully it’s a disaster and that could be the sign to buy the dip for a trade.
Although I am looking at a possible SMH short trade within a few minutes of the open.
TC what is inverse SMH?
SSG- 2X inverse-a couple pennies spread.
I tried a short SMH this AM (INTC,AAMAT,TXN aren’t being taken over by anybody) and it wasn’t available.
Markets have failed. The bearded clam knows better, time to get in with the intellectuals and run things sensibly. Slow melt up from here.
Life all comes down to a few moments. This is one of them.
Tepper is a dumb shi-tzu.
Ever wonder why fund managers can’t beat the S&P 500? ‘Cause they’re sheep, and sheep get slaughtered.
Tepper; everything does well..
Dont people need to buy shit, have jobs.
Hurricane matt forming in the gulf
Fly. Are you short or long? Its hard to swing trade with this action I don’t know how you manage it.
After today’s huge gains and with no major economic news on Monday, the Meltup will continue!
Alright, now you’re pissing me off…
I do agree — Moniker rip-off should be grounds for immediate bann-ation.
Especially when one is satirizing another resident without proper avatar.
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Indued
Fly, do you have a hard stop @71 for AEM?
No, he is going to short the last bit at that price.
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CMI doing well.
Very close to a double since Fly’s rec.
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HAL too.
My longs are ripping. Time to add a little vxx I think.
New homes sales zero. Market will rally 100 more handles.
Up is down, wrong is right, bad is good. This whole market sucks cock, so does Erin Burnett.
And in a shocking move, every single for-profit insurerer is bailing from providing Obamacare-era child-only policies thanks to the new rules.
And if you dont’ think the commies saw this coming and new they could use it as a political baton to talk about the “eeeevul insurance companies,” then you deserve the Gulagistan single-payor Medicaid-standard health care you are about to inherit.
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Errr…. “knew they could us it as…”
_______
“use”
“you’se”
Where’s the poster who said last night,
that I must have a small cock?
Guess what?
I HAVE NO COCK, LOL..
fooP! Your bullshit “black smoke” is gone.
QID purchasers… barbecued, North Carolina deep-pit-style.
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Yes, but that was Chess so I hope he got out.