I’m the guy who said “take cover lads.”
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Joined Nov 10, 2007
23,434 Blog Posts
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Don’t worry Fly, if you look close in this clip, I’m the one in the baseball hat…..
http://www.gifbin.com/bin/320sw0sw7847.gif
Is that hole bottomless like this market?
The ultimate “murder hole”….
It was right in front of us, huge, gaping, and yet I fell into it…to think I saw this a mile away a la “budget” fiasco, August, European dreck and didn’t read the tea leaves correctly, is humbling to an extent I haven’t felt in many years.
Not gonna lie, I’m looking forward to the Jersey shore to glaze over my mental agita, and for them to throw meatballs all over Florence and debase Italy in grand Jersey style.
lol
That looks just like New York circa 2016.
LOL !!!
.
Can I be the guy that said “LOOOSE!”?
(all of them)
cool vid,,,hey kinda reminds me of camping when i was a kid , in syria
in 1365?
1366,
Kinda reminds me of my trip, in the future, to the US in 2014.
Yes, this market sucks. Can someone tell me how in the hell GSVC printed a 14.78 at the close? Looks to me like it closed at 14.40.
just fyi, your trading platform sucks.
My platform is think or swim. On the chart, I don’t see a tick showing showing the closing price. The last bar on the chart has a closing price of 14.32. Someone painted the close by a whopping 46 cents!
MAGIK
Is tomorrow’s bad report priced in or we face another 500 drop ?
Take you pick here, plenty to choose from:
http://www.youtube.com/watch?v=M-60909pmKQ
Buy the blood! We should have sent congress the Rally Monkey before they made us look like fools!
M. Le Fly — if you need more oil to ward off ner-do-wells at Casa del Fly just get Hillary to OK TRP’s pipeline and we’ll get you some pronto straight from Ft. McMurray. The gooey, sticky shit that will burn said ner-do-well’s asses up.
market blows but that was a decent movie.
The part where the guys in the castle poured piping hot oil down on those guys climbing the ladders (thumbs up), or the part where the archer was shooting arrows at the attacking army point-blank range (thumbs down).
CAST YOUR VOTE
i liked it all,
Given the indices, and oil prices… there had to be handful of funds that were blown up today. Todays bids, or lack thereof, were stunning.
so i heard some of todays sell off was because of margin calls on hedge funds, which brings to mind that butter is better than margin,,hummmm
Tomorrow we get capitulation. -1000 on the dow first.
lol, wait that could happen!
Oh no we’re like 10% off the highs and now even on the sports channel they’re talking about how bad things are…
There suddenly aren’t people willing to pay 1% higher for stocks every other week, it must be the evil capitalists and the tea parties and republicans short selling the market and crashing it on purpose! They spent more money but less than initially intended because government income is down with the rest of the economy.
Lol fucking relax. Capitalism isn’t a straight line. Fucking facists and communists just don’t get it.
Eggs’.
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you cannot be serious.
So just to be clear…today was normal? Things are good? I do feel like a 10% pullback is OK and even normal. But in the past a bull market has 1 pull back, goes higher, then crashes. I don’t think that will happen yet. But ALL of Washington is out of touch. I wish Trump would run. IDIOTS…you’re fired!
(FLY…I’m not serious)
But really I am.
I swear on the Seven Stones of Saturn that I had not cracked the Wall Street Journal today when I brought up the example of the Depression of 1921 in the last thread.
Turns out Charles Johnson penned an article on the subject today.
Silent Cal rocks! (Amherst ’88)
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Doesn’t 2008 and 2000 prove that the pricing at the “high” near 14,000 isn’t rational? So rather than let the market sort itself out they think they can make it rational? If the fed can’t prevent the crash initially what makes people think they can control things and that they can make a difference worth having 3x the debt we would have without them?
Yeah, I know too late to go back to the stoneage now, let’s be realistic, but why the hell does the tea party have to make it “all or nothing” “end it now or never”.
They’re all retards (if they actually care about anything other than power, control and their own well beings) The democrats, republicans and even the tea party who while some may be smart enough to know the “why” are retards if they think going to a gold standard won’t rob the debtors just as inflation robbed the savers. (in their language)
The debtors won’t get robbed if the dollar is reset at $10,000/oz of gold. Of course, at that point, the creditors (and dollar savers) will have already been robbed.
________
Too abrupt and not fair unless you offer alternatives. Learn from The Euro. At least Ron Paul doesn’t want to be so abrupt about it although it has been spun that he wants the gold standard immediately, and his policies are deflationary at least initially.
I am in favor of Ron Paul’s idea of “competing currencies” and “competing” entities with the fed. the idea of “system reform and overhaul” but not in the same way at all… But in this system we are between a rock and a hard place so maybe I am being too tough on them all. They are damned if they do, damned if they don’t, but it just makes me mad that they all so arrogantly act like they have the solution when none of those clowns have a reasonable one…
Then again that’s politics.
I’m not for abrupt change either. See below.
Remember, I’m the guy whose always talking about how businesses need to plan, or the economy gets all “horse-addict” shaky and has a collective nervous breakdown.
That means you don’t do anything immediately, and what you do, you make Crystal Clear and Transparent.
So like, the opposite of ObamaCare and Dodd-Frank.
_________
How is it that a group so intent on a free market wants to fix the price of gold and a currency so badly?
I get the sound money argument but i really don’t think it can be done overnight. Why not leave gold as the FREE MARKET hedge against political mismanagement of the debt that it already is? The spending habits of a nation won’t change overnight. It will open a can of worms and eventually we go in deep debt and all the central bankers will collect on our debts which will only be payable in gold. Why not just ship all our gold to the central bankers now?
I like your argument on gold DERR.
Who wants to do anything overnight? And what have the spending habits of the nation to do with anything? The times of greatest prosperity in this country have been when commerce enjoyed a predictable and stable currency value.
There’s no specific reason to have a strict “gold” standard. The point is to fix the currency to a weighted basket of defined commodities, so that the price is transparent, and we a nominal central bank or banks can provide liquidity that is governed by a price standard. That doesn’t mean you don’t have a full faith and credit standard in there as well, because all major modern economic systems are largely dependent on credit for contractual arrangements, etc.
_____________
I will be homeless if this keeps up.
Just find one owned by the bank, break in and live there then hire a locksmith to change the locks. Then ask the bank if they can prove they own the house in court. They won’t be able to and you’ll own the house debt free!
I look forward to your late night infomercial.
Please make certain to include many sets of Viet Namese midget twins and hot girls in bikinis.
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Bahahahaa … fuck you scumbag bankers! Fuckers … fuck off!
I’m off the Vegas with a boatload of winnings!
One more time … FUCK OFF!
i see u r a humble guy
Whoa, Donny. It’s been awhile.
LOL… is that THE Donny?
_______
I’ m the guy that said, “Aaahhh eeeeeeehhhhhhh aaaaaaaaahhhhhhhhhhhh!” like a big pussy and then got killed. Just to be clear, I was still holding $DECK Sept $105 calls and have been since 79.32. Was feeling like a wiseguy yesterday. Oh well, Sept. still a ways off.
GSVC headed to $10 to fill the gap. Should happen in the next 2 trading days.
Now you are trying to get banned. If you want to get banned, just ask. I will comply.
Believe me, I don’t want it to happen. I have some GSVC, just kinda nervous about this tape right now.
With a depression around the corner, I think it’ll be hard for GSVC to get big money for their investments. I hope I’m wrong, but it looks like the IPO market just dried up in a matter of 2 weeks.
Why in the world is the ES only down 50 cents? It will be down 50 tomorrow when we are done. This sell-off isn’t near done yet. Another 1000 Dow points to go!
LOL
Love it.
Bring it on FUCKFACES
Actually, $VIX looks like it’s ready for el plumetola. Could be a good XIV snap-back day.
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God I hope you’re right, Jake!
@Jake – From your keyboard to the market god’s ears!! $VIX has looked ready to plumetola for awhile. It can only spike so long. I have absolutely no doubt that my $VXX short will come down to price, but I can’t hold on much longer.
You will need to hold on another day unless the ECB makes a huge announcement in the morning.
Monsieur?
Something for le breath?
_________
I can’t believe that no one has pointed out that the attacker is Paul Giamatti, who recently played Ben Bernanke in a movie. LMAO!
Nice catch!
___
Yes, you solved the puzzle.
From Wilfred Hahn’s newsletter..As the Bible repeatedly shows, God chooses to observe
the motives of the heart rather than the punctilious
observance of ritual or theory. “For I desire mercy, not
sacrifice, and acknowledgment of God rather than burnt
offerings” (Hosea 6:6, see also Matthew 12:7, 9:13).
Through Micah, God admonished the Jews, saying, “He
has showed you, O man, what is good. And what does the
LORD require of you? To act justly and to love mercy and
to walk humbly with your God” (Micah 6:8).
.Using such terms as “Marxism” or “Capitalism” is not
helpful in discussing what the Bible actually says and
mandates vis-à-vis wealth. Neither “ism” is supported in
the Bible. (In fact, the Bible supports no “isms” of
mankind.) Actually, the Scriptures and ancient wisdom
precede these man-made theories by several millennia. To
the extent that Karl Marx might have theorized some of the
flaws of capitalism (as does the Bible), this did not qualify
him as a godly man. Much to the contrary. His seminal
failings were that he did not operate out of a spirit of love
(more likely envy) nor a fear of God. Likewise, any rich
person or proponent of capitalism would not be sinfully
wrong, were they inspired by a sense of justice or love for
fellow mankind. Without love and mercy, the ultimate
consequence.
grt postea
sorry key board got wet, great post
I feel your pain Fly. But why wait until today to tell the world how you really feel about the Tea Party and the Austerian psychopaths? Month after month you bash Obama knowing full well the tax and spend Marxist and his commie friends are the last line of defense between a functioning capitalist economy and total Teajadist annihilation.
To keep people wondering. It’s part of the draw and doesn’t alienate anyone who’s married to a given political ideology. Although… voting “against Obama’s opponent”…