They played you like a cheap fiddle, drawing you into the vortex with this morning’s SPR release. Your dog sized brain bought TZA in size, thinking “oh boy, this is it. They world is going to explode.” Then, all of a sudden, as you watched in horror, gyros starting flying your way, catapulted from abroad. The news read “Greece and EU/IMF strike deal for austerity plan” and your heart stopped beating.
See folks, this is what you get for fucking around with the established elite. You are fighting a losing battle. Might I add, The PPT is firmly wired into the machinations of the important money flow. Hence, today’s unrivaled OVERSOLD call won again.
I like the stocks that I own here, as well as the semis. They are cheap and should be bought throughout the month of July.
For the day, I extended my winship, up another 0.8%–putting my year to date gains at around 3%.
[youtube:http://www.youtube.com/watch?v=cVeNq0K1-GQ 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
In the words of Ben Bernake, “I’m gonna get those bitches.”
FU I’m first!
tough luck dickhead!! how was your day?
what a roller coaster ride!! I’m on board with WNR, BEXP and NR. Let it ride!
Nope, I just thought how stupidly slow the US Market/Press is…the Greece news is not news and there is no agreement until the vote next week. Bottomline, my little cute US Dollar needs to take out 76,00 and could not do that today after the huge push it already had…give it a little rest and we can do it soon…maybe tomorrow?
Vote will fail.
And what about Spain, etc…its a mess.
So it is. But how can you extract taxes from a bunch of Greeks who can survive off figs, fish, and molatov’s? If the vote does goes through, it won’t be long until Greece really goes apeshit. I suspect the vote fails, markets freak, then they come to some kind of semi-compromise that keeps the locals from throwing too many lightning bolts and tridents, while bringing just enough semblance of comfort to Germany, France, and Yankeeland (though everyone suffers). The alternatives are sending shock-troops into Greece and turning the whole country into a debt-slave gulag, or postponing things via more funny-money for another day. Because you are right. It is all interconnected. But volatility means profits to the leechy global banksters. The more debt they can cram into Greece, the more shit they can steal there (utilities, national gold stocks, etc.). Why do you think Greece was given the Olympics then MSM blabbed on about terrorist threats so no one would show up? To inject another 11 billion in debt to Greece that’s why.
From wikipedia: In 2008 it was reported that almost all of the Olympic venues have fallen into varying states of disrepair: according to those reports, 21 of the 22 facilities built for the games have either been left abandoned or are in a state of dereliction, with several squatter camps having sprung up around certain facilities, and a number of venues afflicted by vandalism, graffiti or strewn with rubbish.
you need to be shot
hey Fly, how do you like ARCO here?
Dead?
ummm..Market was down today…
Can kicking via bailouts and idiotic trading algos will only keep this pig of a market elevated for so long. Rally is losing steam.
Bulls are nervous because confidence is all but lost.
NAZZZZZZZ
There is money and algos to protect every important MA. When it’s do or die the money is always there. What’s not to trust?
is that you Devildog?
I know that all Chinese Burrito stocks are evil in nature, but I am tempted to dip into RENN at these levels for a short term bounce….thoughts?
The Greatest trick the burritos ever accomplished was making you believe they didn’t exist.
Well, I’ll decide on whether or not they’re the Devil soon enough. Going to play for a bounce at 1k shares with a tight stop. Here’s to hoping they don’t have me reciting that line from Usual Suspects! I know, straight gambling.
Just like me!
KS
I’ve been long the dollar for over a month now (covered my IWM short a bit back) and my position is still as green as Al Gore.
TPTB want cheaper commodity prices, a higher stock market is secondary at this point.
It is an honor to watch you work.
I had a monster day, adding on to a monster week. Basically, just buying raw crude futures per the PPT signals. Shit is en Fuego.
exk purchase was golden… i bought agq at 166 around the same time
I just got the longest I have been since Mid February when the greece news came out.
HERE WE GOOOO
If you feel the overwhelming urge to go short something, short some CMG and SBUX
Oil is untouchable on the short side. Only thing that can break the new “Iranazuela” cartel , would be outright revolution or NATO invasions. Not happening. At least, not this month.
Micron just missed by a mile, what Semi’s does the Fly like? ARMH?
Perhaps they trade down. I will start buying them soon.
mrvl
INTC technology is becoming too far advanced. No one will be able to compete with them . But them , short or avoid everyone else.
Meant to say “buy them”. Jeez, first typo in months.
Intel is alien technology. Space shit.
Bought several tranches of EXK today before the Fly
http://qkme.me/44ux
tranche… funny. isn’t that a bit of a big word for you? i mean, you could just say, “bought another 10 lot of EXK today to make 40.”
pfff
http://qkme.me/44y0
The Greek plan should be called “Gyros for Euros”
Nice!
Good one.
How can one pay for the full monte ibankcoin premiums without using paypal. I am willing to fedwire,fedex a check, use a credit card or a debit card. I have had two very troblesome invasions through paypal.
Contact Jeremy and he will give you address to send check, only good for semi and annual subs
[email protected]
Indeud~!!
PayPal ranks at about the same level as dog vomit in my book.
Off topic…I am still amused by my CMI choice, Cummins, as a add to Fly’s special portfolio selections he made on Stock Twits last night..
I hate you because of your constant winship…..I read you because you are entertaining and a bit funny:)
Don’t bing knife ( shorts) to a gun fight (longs)…..
Senor Fly……holding AG & WNR…how about TSM??? thoughts??
Both shorts and longs are dead in this market.
What, you’re not feeling lucky punk?
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