321 crack spreads are at record highs, above $34. The Brent/WTI spread is at record highs at $22 or 24%. Take a company like WNR, who gets their crude from the Eagle ford shale, which sells at a discount to WTI, and you have a company that is seemingly immune to the barbarity taking place in this market.
A company like Western Refining is to the stock market what Rome was to Britain, circa 75AD. Like the British, all other stocks aside from WNR and a handful of others, are neanderthals, unjust and outright uncivilized.
WNR is your evening cup of Early Gray with a dash of milk and honey, while your average Nasdaq tech stock is a 40oz of Crazy Horse, with a peppermint stuck inside.
As investors/traders, it is our responsibility to position our money ahead of the herd. I am putting my best foot forward with WNR and would like to see rapid appreciation, in the midst of Italian failure (no meatball).
Earnings are coming due Thursday and it’s always a gamble. However, if these numbers do not impress the small minded people employed at money management firms, then the planet is a sphere, Babe Ruth never hit an infield homerun and DB Copper died in 1972.
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You must have coffee again.
I am stubborn. NEVER
On your recommendation I am now drinking yerba mate. Nice one.
Never say “never”.
One more day down and a double espresso and some Allegra-D might look like a good idea.
He’ll never be the same without a few cups of Timothy’s Italian roast in him………just not the same. The A+ game is now merely an A.
The real problem is all the tea references.
One starts to worry…
________
CB Copper or DB Cooper?
db
DB Cooper (he disappeared, and so is our money)
I’m alive and well!
I think I used to own cb copper…
this comment is fucking throwing flaming turkey sandwiches at trader servants, eating hamburgers, screaming fuck the police, while doing drive bys at mcDonalds with classical piano music blasting!!!!
I am a part time police officer, part time trader servant who has friends that work at McDonalds who hates classical music and is allergic to turkey sandwiches and flames and no sense of humor who also tazes and maces weirdos just for fun…
fuck you!!!!!
p.s. The Thumbs down was mine!!!
so your a crook to huh
Thanks for fixing the iPhone app Fly!
Indeed
Thank Cypress North.
This video is chewing bubble gum and getting kicking ass while giving a 100 year turtle a screaming orgasm! http://www.youtube.com/watch?v=uwzkz9Kgv04
Look like Boca Raton turtles
You checked if they were circumcised?
_____
fuck turtles
Fly, you will suck my dick (not in a gay way) when my predictions come to fruition
Send my job offer through e-mail when you come to your senses
WTF?
I will fucking murder you and grind your bones into dust then serve you to guests in coffee.
So you won’t drink what you serve your guests?
FYI, I like mine with extra bone dust please.
I never do.
On a side note: how is sucking his dick not in a gay way?
Someone with reason needs to ban that mental escapee.
Agreed. In any language, sucking dick is quite gay.
how does one suck a dick in a non gay way?
go2jupiter, what are your predictions?
His predictions are very gay (NO CAP)
Check my last post in the KotPG (MACD reset)
There’s blood in the water, LET’S GO KILL SOMEONE!
Btw, it was figuratively speaking.
We will see who grinds who’s bones into dust
whose
There is no winning here by the away team. You can only lose. Therefore, take your bag of shit, and your mentally impaired brain, the fuck out of here.
Who figuratively makes overt homosexual comments anyway?
Yeah. Blood in the water! Let’s do this like a boss! (very CAP.)
http://www.youtube.com/watch?v=_J1FSyFTWTU
No fear that both Brent and Crude get crushed?
I believe WTI will be crushed more, leaving the spread intact.
See, it’s beneficial for the refiners to see crude lower, this way there is no demand destruction.
I think you’re probably right but I wouldn’t be surprised to see WNR get hammered regardless if oil gets slammed. Definitely a stock to load up on after QE 3 (or whatever it ends up being called) is announced and the ECB prints several hundred billion Euros.
I’m convinced it’s not too late to short any and all bounces.
Quite an ocean of red:
http://www.forexpros.com/indices/indices-futures
FUCK YOU.
FUCK YOU.
(I said it twice , one for each Johnny)
DB Cooper lives.
It is an open secret that he got a sex change operation (Bill knows)and is now The Secretary of State of the USA.
S(he) took the stolen money and traded very wisely with Refco.
SO he is sucking dick and not in a gay way now
I’m long a quart of rum and degenerately long $WNR.
See you in hell.
Classic Krull http://www.youtube.com/watch?v=xdQn5egmu9Y&feature=youtu.be
Ha Crazyhorse, I used used drink that stuff back in my early teenage years any kid could buy one at your local freindly corner store. I think it was takin off the market because it was found to contain a illegal chemical that gave it a crazy kick. If I remember correctly they brought it back a couple years later without the special ingredient and it lost it’s Crazy.
Hey fly shit go fuck yourself.
If the market goes higher I will lick my own pussy.
hey devil dog,you causing all this shit in the market today,whazzzzzz up wit dat
waz up wit dat ??
THE RETURN OF DEVILDOG.
How apropos.
We are definitely close to the bottom.
The dog is much better indicator than the ppt.
Now all we need is the return of the generational bottom guy (no homo, no meatball, con quattro fromage)…
As I watched all of my favourite holdings (the ones I held through the “Great” Recession) plummet to touch their 52 week lows today, I left my computer to return the fucking useless piece of shit faucet for our new kitchen. As I waited at the service counter with the I.Q. 70 crowd in a line up like a numbskull I had my epiphany:
NONE OF THESE FUCKERS EVEN KNOW WHAT HAPPENED IN THE STOCK MARKET TODAY!!
….and that is the beauty of our current state of affairs.
None of what happened today will stop me or you or any of these ass twits from pouring gasoline into their vehicles, going to work, catching a movie, taking the kids to Disneyland, or any of the minutiae that we must engage in on a daily basis; right down to the purchase of fucking tweezers to pluck nose hairs. These companies that build the backdrop to the American dream are making profit that is passed on to me.
Now is the time I started shopping for/adding to my blue chips. I don’t expect them to spike the most on the bounce, but these are grandfather stocks that I will pass on to the recipients of my DNA; which have steadily yielde divies for a halfucking century or MORE.
nice to be incognito,yes.
Sounds like GM stock bought in the 1950s. How’d that work out Gramps?
Pretty well as good as JNJ, XOM, IBM, MCD, etc., etc., etc. – or maybe you just put all your eggs in one basket.
dltr will smoke any of those without a divy.they are “making” wmt eat their own shit.and will do the hundred dollar roll real soon
he buried the certificates with auntie em.she would have wanted it that way. she said they were drawer stocks
It certainly worked better than when you threw all your old man’s money into into faz, dogster.
You mean the 170 IQ crowd. They are not in the market. B
God save us from that bunch!
“None of what happened today will stop me or you or any of these ass twits from pouring gasoline into their vehicles, going to work, catching a movie, taking the kids to Disneyland, or any of the minutiae that we must engage in on a daily basis; right down to the purchase of fucking tweezers to pluck nose hairs. These companies that build the backdrop to the American dream are making profit that is passed on to me.”
If the number of people on the New Joisy boardwalk, on a peak weekend night, taking their kids on rides, buying cotton candy, etc. is a valid indicator, you may want to re-think your assumption.
That’s cause they’re all in the lineup at the building store – with their kids!
Yeah, I had a great non stock market day, too.
In preparation for Hurricane season, I finally had two large oaks cut down last week that were hanging over our roof and I figured our luck may run out.
It disturbed the bees in the fence no more than 20 feet from our shower (with floor to ceiling glass enclosure) in our bathroom.
This AM the bees were pissed and thousands formed one of those bee beards one sees on The Discovery channel. The beekeeper came out, charged me $300, got rid of the bees and about 50 pounds of honey.
Today’s heavy rain has now produced a leak in my roof and I had to tarp it because roofers are booked and a Tropical Storm is on the way.
My wife gets a nail in her tire this PM and my daughter calls from NYC saying she is getting laid off.
Sometimes life sucks and it does not involve stocks.
all at once,sounds like my last week.
There are your three.
Some good times are headed your way soon.
To the person who took the other side of my trade…
I’ll rip his heart out
I’m the best ever
I’m the most brutal and the most vicious and the most ruthless champion there’s ever been.
There’s no one can stop me….
There’s no one that can match me
My style is impetuous,
My defense is impenetrable
and I’m that ferocious I want your HEART.
I’ll Eat your Children!
http://www.youtube.com/watch?v=gb6_Yk3KBew
you forgot the blood, and varicose veins, and guts between your teef
better stop! I’ll gut him like a fish
My faith in humanity died today (along with my portfolio) as I got off the phone with a medical assistant informing me that one of our mutual Medicaid patients is pestering her to get prior approval for an air conditioning unit. A half hour of my life I will never get back.
I shit you not ladies and gentlemen.
The parasitic are slowly blood letting my intelligence me into oblivion.
jesus christ,the next thing medicaid will be giving away will be “fry daddy’s”. since when in the hell did they come up with that shit..a/c from medicaid.no wonder these jackwagon fucks are ruining it for us next in lines’ it wasnt enough to give em wheelchairs.
Do not get me wrong, the most elite country in this world without a doubt should have a system in place to care for the most unfortunate. That said, when I see 3rd generation Medicaids roaming about I can not abandon the theory of mass sterilization.
thats nothing, this very young girl that works with the old lady didnt know she was pregnant by over……………..8 months. when i saw her i ran up to the old lady and told her, hey,you know so and so looks real prego has she been to an ob yet. the old lady convinced her to go see one.18 years old,doesnt have a gynie. she gave birth to a girl 2 weeks ago. were paying for that.and that childs’ life has just begun. how does one “not” know they are prego or not. this is 2011, i thought that teenage prego’s were the thing of the past.
Good on you for taking care of business. But I hope you slipped the doc a few extra bills to tie her tubes!
Using your search box (is this WordPress’s default search?) and typing in WNR, I have noticed that only 2 out of the top 10 results have a disclaimer for buying WNR… I can expect to be castrated, and my fellow shareholders will take up smoking crack. BUT, I find it incredible that this stock has been mentioned so many times sans the disclaimer. You may be opening yourself up to some real liabilities when WNR increases the collective wealth of your readers by millions of dollars (and it should have already), yet they choke to death on their morning donut while reading the WNR quote on their stock ticker machine Thursday morning.
I hope youre fucking right!!!!!!!!!!!!
wnr,like some who have got into precious metals early on should not be bothered by todays action.just concerned. the line in the sand for the federal government is 3.00 dollars on the rbob.they are more concerned of the rbob than the oil traders themselves.
Hey I got an idea. Why don’t we tax the most productive in this country so we can EXPAND government? This way, we can create more government jobs.
Don’t like it?
Too bad and fuck you. The SUPER CONGRESS is going to jam in new hikes.
good,then let them jam o’buminations’ health care bill back up his ass,and put it on youtube. by feb the fica tax goes up a couple %.thats gonna go over well
Perhaps a smaller group of people will be better. I’d like to fire them all anyway. Might make it easier to replace 12 instead of 300+
PS. Sorry if that sounded unconstitutional but this fiasco has really turned me off to our govermental process.
A guy named Grover Norquist got lots of Congress folks to sign a pledge never to vote for raising taxes, so that can not happen.
think i’m gonna run on the tea party ballot an unseat luis guitierez. i can bullshit the hispanics’ who make up his district, that they can become citizens after they vote.i’ll have a paycheck ,healthcare benefits, a pension after the first week i work,full salary, office with real wood furniture, walnut or brazilian cherry. a hot buxom secretary,drink coffee all day long with my feet up on my desk and do nothing……….yea,thats the ticket,it’s my new american dream. working for a living just doesnt work anymore…..might as well do a non working,working mans job
I like the real wood furniture part. Soon we will only be able to buy recomposted tire furniture painted with lead paint made in China. Of course politicians will be exempt from this ruling…
of course,non of that ikea stuff
This is America
http://newyork.cbslocal.com/2011/08/02/police-say-brooklyn-suspect-snatched-purse-from-elderly-wheelchair-bound-woman/
wasnt he the pizza delivery guy bringing her a slice
Somebody needs to teach that guy a lesson…
…on how to start his own bank, so he can legally take $10-15/month in BS fees out of the pocketbooks of thousands of wheelchair-bound elderly women.
HAHAHAHA throw a few Mortgage backed securities in there, DEAL
or better yet, sign him to congress
No banking services should be FREE for elderly folk, and paid for by the gommint, too! Let’s just call it Medicare Part E or some such… It’s not like they are the wealthiest age group in the country or anything. Why should they have to pay for services?
And let’s ignore the real elephant crapping on the coffee table — gommint/Fed induced ZIRP rates– which I’m sure those blue hairs are a mite more concerned about than their crappy bank fees.
_______
fuck old people in wheelchairs. They have to stop trying to catch pianos on their fucking heads, and they aren’t going to learn if you reward them and buy them a new fucking piano and a wheelchair. I guess the assholes shouldn’t have tried to balance a fridge on their heads, bitches
Tighten the straps and increase the dosage by 1.5x.
______
If you can find enough campaign contributors to bribe you to vote for their preferred legislation, being a government official is the easiest high paid job there is.
hell, i can be president also, he ‘knows” less than me about running a business,that will be the ticket i could run on. he knows nothing…….aw hell thats right,i gave that one to cramer a few years back, and he used it.
I AM THE GOD OF HELLFIRE … AND I BRING YOU … UHHH … WELL … ah hem … FIRE !!!
.
… as it were !
.
Arthur Brown indeed…fun fact-he used to live in Austin.
hellfire save some matches, fuck a duck and see what hatches
http://youtu.be/768h3Tz4Qik
We are perilously close to a change in gravatars with only two options remaining on OEW … One bullish and the other bearish:
“With today’s selling breaking through the rising trendline from the March and June lows, and dropping below the June low, the alternate Primary wave IV triangle count has been eliminated. This leaves us with one low probability bullish alternate count, and a bear market. And, this market is certainly acting bearish.”
“Short term we still have support in the OEW 1261 pivot range, providing SPX 1254 holds tomorrow. If not, the next support is in the 1240 and 1222 pivot ranges. Overhead resistance is now the 1261 pivot, the mid-1280?s, and the 1291 pivot range. The count we have posted on the SPX charts suggests we have been in Intermediate wave iii, and its decline from 1347-1254 has already exceeded the Int. i decline from 1356-1296. In fact, we’re getting close to a 1.618 relationship, which occurs right around the March low at 1249.”
DJI 11555 is the line in the sand … bearsuit sent to the cleaners in prep
why don’t you just say either we rally or not.
so glad I haven’t covered my bac short yet
At last, the simple graph that explains exactly how the fleck we got here.
Slainte!
________
oh is that a cock and balls formation???
Dear Europe,
Go fuck yourselves. That is all.
Regards,
Pimp
a stupid cat…this has nothing to do with crack spreads.. but funny.. TSO too bitches.
http://youtu.be/qpl5mOAXNl4
Wait, is it DB Copper that’s the tell or the Precious Mentals?
china rating agency downgrades us debt from a+ to a
the fly is losin today
USD/JPY not cooperating with rally thesis, MIB rolling over
Got silver?
______
FLY,
Since refinery is cyclic business, what criteria will trigger you to sell wnr? Thanks
On The Fed, he expects a “different QE3”: Buying mortgages and also single-family homes!
Read more: http://www.businessinsider.com/barton-biggs-this-is-the-time-to-buy-stocks-aggressively-2011-8#ixzz1TyFcD1nx
why doesn’t he go back in time and buy japan and bet on government intervention saving the market?
why don’t you STFU?
A secret algorithm that predicts short term market moves would be useful here – anyone have one?
Yes, the seventh grade mentalities trying to be funny would say the magic algorithm you seek is jerking off. The scientific explanation for this is revealed only to the feeble-minded.
This snarly comment is just what it says.
Don’t buy this market until bernanke speaks again and gives us direction. GDP was horrible and the advanced reports are just as back. Look for a QE3 change before getting long again. Until then stay short equities, go long commodities in nibbles and stay long gold on dips along with silver.
hmmm… sounds familiar.
____
You have to give credit when credit is due. Credit SA this morning for their quote from Rupert Murdoch >”The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow”.
66%cash
This is turnign into a massacre
ok , so anybody got jokes,
Man shows up at work with a black eye. Buddy asks, “What happened man?”
“Oh nothing. It happened at Church.” replies the man.
“At Church? I gotta know!” Buddy responds.
“Well, I was sitting in my normal pew, preacher preached, and we all stood up to sing a hymn. The lady in front of me was wearing a strange dress and had a very noticable and akward wedgie. So I casually leaned forward and tugged on the hem of her dress.” The man admits.
Buddy thought he had a good laugh that day, but the next Monday the man showed up with a split lip.
“Church again?” he asks.
The man replied, “I was in the same pew, and the same lady sat in front of me again wearing the same dress. Preacher preached, we stood up to sing a hymn, and.”
“You didn’t!” A surprised buddy exclaimed.
“True. I didn’t. I knew how much she hated that. But the guy next to me tugged on the hem of her dress. I KNOW she hates that. So I tucked it back in for her.”
Bounce coming soon
Looking around EIA reports and other refiner earlier earning/price action, I hope WNR earning better be strong enough to avoid further landslide. Beating the estimate seems not enough any more.
bounce
I’ve got last night’s pizza in the toaster oven, waiting for a neighbor to walk by.
lol
head fake
From the Urban Dictionary:
Boner Shock – Expressions or actions performed that causes your boner to go into “shock” or go back into the flaccid stage.
TBT bouncing here.
Dollar plummetola, gold and silver could be parabolic topping for now…
Time to start sniffing for bargains, I think. BWA anyone?
_______
Im starting to agree, the flush money has been made in options puts for spy’s. It’s time to start nibbling spy calls and some other etf’s for reversals.
I’ll wait into near close to start my first round of call options buying spree.
If this economy continues to tank with high unemployment, stagnant wages, commodity inflation and a broken market we could very well have you as the next President. And Bernanke would not be happy.
a friend of mine who is a morgage broker, told me yesterday he was losing his home, he said his business was picking up, but the gov has restricted him from giving loans. he has had 2 bank presidents come to him for loans because they could not get loans from there own bank. he also said that people who could borrow were afraid to get loans, and others were refused because of higher regs. my point is the pendulum has swung to far, while the gov bails out those who wont pay, refinance those who cant pay and leave those who want and can do the right thing in the lurch
The Randy Moss sell off. People are selling stocks for “straight cash, homie”.
The government is a theft machine for Special Interest Groups to steal from taxpayers. Why would such a machine try to help the average Joe?
There is a certain football player that retired, rendering the term “straight cash homie” effective in the stock markets
That’s it, with the RSI oversold on daily and slow stochastic oversold on daily AND weekly chart and drop below bollinger band… we better bounce or it’s back to eating Ramen Noodles because I’m putting my cash to work now heavily. 80% long
with the H+S pattern I must be out of my mind
I’m glad I was heavily short the cash SP’s before I claimed SP 1120 and caused another flash crash. I covered at the lows you suckaz
if we all put some money in i think we can make an offer on the ifle tower, old crooked, leaning building, that resembles europe
my WNR getting whacked…only this time Im not enjoying it!!
Hang in there.
It always comes back bigger than ever.
thanks bro!!
how could WNR differ from the rest announced refiner?
in the words of the great late curley, yunck yunck yunck, i cant see i cant see, moe; why not kid? curley i got my eyes closed…
Yesterday was History ! HITLER WAS ELECTED ..1ST TAXES IN AMERICA, 1860’S.. SOMETIHNG, ONE OTHER FACT FU-KED UP FACT..!
Even though the equities markets sold off strongly, and technical damage was done, the utilities as yet have not broken down, so the indexes should head back up until the utes can set up properly. This may only take a matter of days, perhaps enough time for a quickie relief rally for the indexes. This entire Bradley turn window is down, eight days of selling, we are now moving away from that major Bradley turn area that ran from last Wednesday into today. That March intraday low at 1249-ish is very important support.
The world is panicking…Apple is down a penny!
I didn’t sell off yesterday and I still won’t today.
Waiting for Cramer to panic before trying a long side trade.
At least the board is getting more active now that the end-of-the-world crowd is back.