Some of you might have noticed the last blog on this here website was, umm, a bit on the cowardice side. It had tinges of panic and bouts of bitchery mixed in. The one prior was regarding some newly minted HEALTH NUT Fly, with regards to lifestyle. Well, there is a certain “root cause” that spun off a series of unfortunate posts here today, which can and will be easily explained in the paragraphs to follow.
You see, typically, I start my day with brushing my teeth, taking a shower, eating oats and doing pushups—in that order— without deviation. Upon entering my closet, I am instantly robed and caped, so that I might start my day. You see, this morning, I was not caped, nor robed. There was a malfunction with the mechanisms inside of my walk in closet, which caused the instant robing and caping device to malfunction. Not knowing what the consequences of such a disaster might portend, ignorantly, I said “fuck it” and went about my day as if nothing had happened.
As you know, the results were barbaric.
“The Fly” displayed cowardice on a monumental scale, while declaring new diets and metrosexual lifestlye changes that must have made many of you cringe. For that, I am deeply sorrow (Chinese form of saying sorry) and beg for your forgiveness.
However, let the record be known, YOU were not right and I was not wrong. Such talk is against nature; you do understand? Should you go about believing that you are in fact better than “The Fly”, the entire universe might get sucked into a fucking HUGH HENDRY vortex, killing everyone but, ummm, Hugh Hendry. I hope you appreciate how I am simply looking out for your best interests.
In return for my unending generosity (saving your life and the planets existence and all), I am asking for each of you to repay me in a very proper, yet Nigerian, manner. I would like you to email this article to someone who doesn’t read the site, in order to spread the word that today’s events was simply a misunderstanding. You and I shall call it “The Mother of all anomalies.”
I must be going now, as I have a HEAVILY SALTED STEAK (wink, wink) and a flask of WHISKEY waiting for me at the dinner table. After dinner, “The Fly” will drink some port, then move onto firing up the olde [sic] Keurig, where he will consume a minimum of 12 cups of coffee, whilst watching the Asian markets shatter into pieces.
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Thank God the old Fly is back. Only way to eat a good steak. Heavily salted and lightly pepered.
Yes.
You sound like my brother-in-law, Fly, who happens to be manic.
Like Canucks fans…
Tell you what though, Vancouver is a beautiful city, that is one place I would visit again in a heartbeat. Fans have to be disappointed after a 2-0 start to the series, but the Bruins blew it in fine style last year, so every dog has its day.
Vancouver BC is crazier than San Fran.
Come June-September – otherwise the weather sucks ass.
Canucks in 2012!!!
None of you will read this, but know that Quebec and Montreal is Canada’s capitol. Vancouver’s youngen’s are an embarrasment to the civilized east; however, quite useful when Mexico, China and Russian begin operation take over Calironia, Hawaii and Alaska (in that order).
By now, Hussein’s gotta have the cards in order now that he’s nationalized so many American corporations.
Spit-fire they will, those Vancouver-people.
Ottawa, in Ontario.
Dumbass.
I don’t disagree with Ontario.
Small group of asshats != Canucks fans, or Vancouverites generally.
I keep records and account. I won’t call anyone weak, I just expose facts and write/right history.
Indeud. The Fly is BACK biatches!
Hahahahaa….
Are you going to turn Vegan when the market implodes over the weekend?
I just emailed this blogpost to all five of my Facebook friends.
odds are in your favor here…..its gotta be a 90%+ play that greece gets bailed out, good for maybe 4%-5% near-term upside.
on the other hand, the lower probability play of a greek insolvency is maybe good for a quick 20% on the downside.
we all know they should let those fuckers go bankrupt, but then we aren’t really bailing out greece, we are once again bailing out our own banks.
Are you the victim of a “hacker”?
That shit seems to be going around.
Did I mention, I’m up 62% this year!! Yes We Can, Yes We Can!!
When I click on the hot boobed “One Weird Trick…” girl, I don’t get the payoff I was hoping for. What gives?
Too many cooks in the kitchen.
Something like 70% of Greece debt is held by non Greeks, the people of Greece do not give a fuck about Greek debt.
Ireland about 80% of the debt is held by non-Irish, the Irish do not give a fuck about Irish debt.
Only the banks care, and they will hold a gun to the head of any Greek or Irish PM/President/Senator/Councilman/etc… There will be no defaulting anytime soon.
when a you man up to your cowardice it is the sign of a true gentleman
the only thing missing is that The Fly needs to take up Jousting .. fuck the push ups
theres the single malt tlaking fuck typo from the getgo … fook me
Thank God. On bow tied burlap I thought for a second we were headed for a #GREATERDEPRESSION. I was planning on banging chalkboard erasers against my head and telling people I was going to eat their 401(k)s. Oh well, back to lobster risotto then research (RnR).
Tained Chinese creatine messed you up. Glad the Fly is back.
Fly, you need to do push ups with a naked woman on top, and let me know how long it lasts
No Jorge, it should be the other way around.
yea Horhae……wtf???
The iBC Attack satellites have informed me that you have not emailed this article yet. I will be monitoring this situation closely.
HOW DARE YOU THUMBS DOWN MY THREATS!
Fly, how is the steak and the sex ???
I left a vitamin D3 message at the end of the health kick thread, very important for everyone.
They increased the RDA levels substantially in 2010, and doctors are putting it into blood tests now.
Affects a wide range of health issues including the immune system.
PPT flagging QID OVERBOUGHT.
Last time it did was June of last year, at annual low.
83% accuracy on previous signals over 5 trading days.
RIMM was ripping balls in the AH.
The Nazcrack should be guns a blazzing tomorrow.
lol
Went in and bought me some RIMM at 30.60 AH.. Damn thing is LR3030 to the downside after shedding 20 points in a couple months.. Looking for a bounce in the am..
In California, I opted outta the creatine settlement (aka perverse advertisement).
Only in Cali does plaintiff’s firm rake $ 1.5 million compensation, $ 500,000 to “secretarial staff” and the three claimants… $ 5,000. Lol. Apparently a potential failed FDA disclosure and potential trial resulted in:
Net result: plaintiff’s counsel gets paid, defendant gets a cheap ad. to re-injure former consumer, and my balls, supposedly, shrink in perpetuity. Shit, don’t do what I did.
LOL. Stick with Asian herbs, yohimbe is decent, will assist in tantric-proportions “Christmas-Island-Nuclear-Atoll” testing style.
Especially useful for Asian market watches. Not good if you have wife.
That’s the way of most class action lawsuits are settled. The lawyers get paid, the plaintiffs get jack shit.
I’m trying to figure out, as a minority in California, whether I should tolerate, or be insulted, that literate “others” insult me for employing and paying national & state taxes in one of the fifty states.
Don’t worry about it Dr. Fly. Consider this tonight after you cross-over from massive caffeination: Would the market have bottomed if you hadn’t said anything?
You might consider changing from Viagra to Cialis. Much less hallucinatory. Also helps control compulsive- obsessive behavior. Just sayn’. Also change from pushups to giving mustache rides.
Don’t forget to charge them, too – five cents is still the going rate for a ‘stache ride, unless you are a furry chinch – in which case, ten.
This Furry Chinch is on fire!!
This blog proves that The Fly has no need for this trading shit, and can instead make millions writing and exploiting the promotional book tours.
Comedy Central demand first shot.
…shhh…, don’t tell Fly.
Personally, I would brush my teeth after eating oats, but that just me…
Congrats on following your convictions !
Fly eats unhulled oats – breakfast and a stiff brushing with silica-infused fibers all at the same time.
The emperor has no clothes!
Fly,
If we get a greece resolution , even if temporary how much of upside are you expecting. Are you expecting 1320 on sp or close 1300 and then again staircase downward.
Bill
In the morning if my face is a little puffy I’ll put on an ice pack while doing stomach crunches.
I can do 1000 now.
I told you Fly couldn’t stay away from the alcohol – it’s the Irish in him. It’s like asking an Italian to stop eating his mother’s gravy…can’t happen.
I’ve got a ’63 Grahams to share, but I’m waiting for Dow 24,000.
That Grahams exceeds the age limit for the site.
Good day, sir!
What about Gold 5000. I bet that will happen first. Bring it to vegas for a grand celebration.
MY MAN!!
Join me in the vortex Senor Tropicana, you know you want to
your buddy,
Hugh
This is funny. I appreciate this, and can relate to it in every way.
I plan to start building a very big short line in the emerging markets, especially China. If Greece defaults on its debt, which I think in all probability it will, flight of capital will flee the PIIG nations. Even if Greece gets bailed out by the IMF or EU, it is merely delaying the inevitable of sovereign default. The markets is entirely game of perception between bears and bulls, speculators and investors. I think the bears will be entirely in control for several months to come.
With over 16% unemployment rate (probably higher), a service economy dominated by tourism, there is no way Greece will be able to service their debts. Meanwhile the biggest bubble is happening in China. One only needs to watch the tape of Chinese issued stocks to see what is occurring in those securities. The rampant fraud is the canary in the coal mine. The Chinese bubble has culminated to egregiously fraudulent levels by companies drunk on easy credit and capital market flushed with cash. Although the chinese are trying to reign in credit, it may perhaps already be too late. Their economy has been flushed with cash and I suspect much of it has been spent on overly inflated assets (e.g. real estate). Chanos has been a China bear for the last 2 years and I suspect his thesis may finally be playing out and the chinese market may be on the verge of puking. The Greece contagion threat may very well be the catalyst to set a downdraft of global proportions.
The tape has been bearish since 5/31. I’ve attempted several long probes to only be stopped out repeatedly. This market does not want to go up. The liquidity from QE1 and QE2 have dried up. The flurry of Tech IPO’s LNKD, P, Groupon, are all symptomatic of company exits and ridiculously high valuations perched on buzz word of “social media.” Its a farce, led by temporary drunkeness caused by asset inflation from QE1 QE2.
My opinion is this market is on the verge of puking, and I will position myself to profit from it. I always leave the option to change my mind. Nevertheless, I suggest you all pay close attention to your capital and follow rule #1 of trading: capital preservation!
This is your first time to this site, right?
You always deliver the real talk Fly.
The wind is at shorty’s back.
If fund managers really believed that Greece was about to implode the euro, they’d be loading into gold stocks here. Instead, VGK european stocks keep outperforming the GDX miners .
http://tinyurl.com/3ug9mrj
They are more allocated in European stocks, over gold miners , than they’ve been in over a year.
Why would they be doing that, if a euro default is such a slam dunk?
Is it that they are all that stupid to miss a guaranteed rally in gold stocks? Or is it that they know a blowup won’t happen?
NBG is up after hours.
Based on this ratio chart, it looks like it has around 30% upside in the next few months
http://t.co/0J4zgO4
Nothing is a guarantee in speculations. Your charts are too far back. The relevant time for the markets is 5/31 forward. I would think that would be a good bet for the top. I’m bullish the dollar, precious metals, short emerging markets, and perhaps oil.
Who knows, I could be entirely wrong. But this has been the fat tail trade that I’ve been looking for that could not only make my year, but then some. In my opinion, the risk/reward for this trade is totally whacked out, you can’t not take it.
Nevertheless, I’ll keep my stops tight and won’t lose too much skin off my back if I’m wrong.
Good luck!
At first you said no way we go down because too much money was already invested in the defensive sectors. Yet down we went.
Then you said no way we go down because the Emerging Market ETF’s were holding up nicely. Yet down we went.
Now you say fund managers are more loaded in European stocks instead of gold. By implication you are saying we won’t go down.
Your track record speaks for itself.
I was a few weeks early last summer too
But, I dont see many others who called Dow 12k, and euro 1.40 last summer. In fact, im not sure anyone did. Aside from guys like altucher ,who stayed bullish from 2007. I was bearish as hell before the flash crash.
There will be a time to be bearish, and wait for the TRUE big breakdown.
When that time is here, i will play this
http://www.youtube.com/watch?v=78X-DFzI2Ck
Anyone who feels the need to point out his correctness, however seldom it occurs in your case, has a serious character flaw. I will say it again, take your crap back to the yahoo boards where the I Q there does not allow them to spot your bullshit.
Mr Pimp you are correct sir. It is obvious to anyone who reads his posts. He likes to pretend he knows something about everything. His obtuse conclusions are ridiculous and most often wrong as you and anyone else who reads his post understands.
By the way, switch GDX with GLD in your fancy chart. Take a close look from Feb to present.
Paints a different picture, eh?
GDX GDXJ and SIL are all undervalued relative to the underlying metals here. You can see that without a “fancy ” ratio chart.
Just like COW cattle etf will be much higher over the next few months— Until its ratio with DBA ag futures ,and MOO agriculture service companies equalizes to a reasonable level.
Greece will get their debt covered because rioting in the streets always works.
arch, please come back soon.
These fuckers are still trying to shake me out.
Where, just where, do you come up with this stuff. I swear that I would read your blog even if I didn’t trade.
Really glad you posted this Fly. I thought you were turning into Samsonite there for a minute (shudder).