I will be busy until mid-afternoon, but will be checking in throughout the morning. Have at it and try to avoid stepping into egregious murderholes.
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Joined Nov 10, 2007
23,445 Blog Posts
GLTY … Sir Fly !
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How does wishing the guy “Good Luck” … get a thumbs down ?
Too funny !
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Used to be that airplanes from JFK would land in the Hudson. Now the Hudson is going to fly through the air and land on JFK.
>>I will be busy until mid-afternoon…<<
Colonoscopy? (no homo)
More like Tom Joad-like escaping from a Depression-stricken region.
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Been thinking about the Uncle Ben speech. Whatever he says in terms of actions or lack of is not as important as the way he frames the economic backdrop.
If he turned around and said they were going to be vigilant about the economy but the Fed didn’t think the economy needed any further stimulus just yet, the market could accept that reasonably well. In fact that could even be better than saying something… like the economy is really very weak, we can’t see any light at the end of tunnel and we have to act to try and save it.
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Meanwhile Europe is cratering again because Greece looks like shit.
The best bet for Europe is to throw Greece out of the union, perhaps Portugal too and then ring fence the rest through a closer fiscal union.
What should they do with their bonds? Make a nice souvlaki out of them?
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and douse them with za-zeeki and onyoon
Sino-Forest stockholders are super-fucked today!
So are RY holders…like me!
thats funny cause lumber is moving,has been for a few days now
Maybe their lumber is coming from Madagascar?
Time to start stockpiling ammo, gents.
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gots my wrist rocket with 1/4 inch ball bearings.
Jake, That is the most bizarre article I have read in a long, long time. I had to double check that I wasn’t reading one of the Alien Abduction rags.
way too expensive
so jake,that very last paragraph was completely uncalled for. wsj sucks for that paragraph. so tell me,since i have been collecting snare drums that dont have serial #’s and have some vintage fender electrics, that they will start coming for me. this truly is nazi.no more, no less
@Drummerboy, I agree that the last graph was a completely uncalled for cheap shot. I also “collect” (if you can even call it that) vintage guitars and mandolins. There is no way any of them will ever leave the country after reading that article. It’s total malarkey. How do I know the origin of wood in an instrument made 50 or more years ago.
Should you argue on the Internet?
http://www.notquitewrong.com/rosscottinc/2011/08/03/so-youre-mad-about-something-on-the-internet/
sounds like a james altucher story in the making. aside from talking to hookers and crack addicts @ 3:00am in nyc
I will watch your house while you are gone Neighbor Fly. The police are warning us Block Captains about looting and general mayhem. I will keep a close eye on your other neighbor, Old Man DeLuca. I know he has been eyeing your new solar lights, the blue radio in your garage, and your pasta maker. I invited your illegal Mexican gardeners over for a Hurricane party. Mrs.Steve has outdone herself with a nice brisket, homemade gefilte fish, and some matzoh ball soup. The illegals are bringing the tacos and tequila which will go with the Manischewitz wine.
Stay safe and I will be up on the roof watching The Fly Homestead.
What an awesome neighbor!
and what if the Beard just says : we will monitor the situation and evaluate week to week or month to month or “no specified time frame at all”?
we will get more of this “chase the cheese” binge and purge
http://www.youtube.com/watch?v=l4mylwPMPhM&feature=player_embedded&list=PL747BC94A24F26E76
Get in the HOLE!
Random Thought, I wonder if the market ends up with very little movement in either direction at the end of the day? Bet a lot of Option Traders are going to try and play the wide swings on the Clams Speech..and would be a great trade if they all go down in flames…fwiw as we wait for speech
You may proceed to start sucking my dick now.
lol
Let’s have a little decorum, gentleman. There are ladies present.
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Thank you Jake.
What time(EST) is the Bearded Clam’s eulogy?
10am eastern
100 point drop in the Dow in 2 min. What’s up?
Oh, I am busy too…Hitting the Clam over his head with his Spine. Told you.
Me = #winning
How you like deeez nutz?
Super Clam…Even with Viagra you couldn’t get it up.
No viagra needed here sweet cakes. You just got Jackson Holed in your stinkhole again.
looks like u swallowed the clam whole,
Nymph, hate to tell you what you already know darling but, you are asking for trouble with those remarks. There are too many weird guys out here who get turned on bad when they even think a girl is saying something dirty or just sexually liberal. I’m just say’n.
Ruggyup, True..lesson learned.
No action…
Big Wedgie formations everywhere in indicies and major stocks like AAPL, SINA, GOOG.
That’s it. The economy isn’t serious enough to warrant any Fed action as yet, he suggests.
fucking pussy!!! now we got to sit here and eat shit until NEXT fucking month!!!
No it’s not. He says they will act and have other tools at their disposal if the economy turn further south, but they are expecting it to strengthen.
Telegraphing intentions like this is extremely important as in some ways it performs the same function.
Ben pulls a Seinfeld, a show about nothing
Well my prediction of an intraday range of 1199-1050 onn the SP cash was close 🙂
Wrong!
Well I bought 5 cars at an average price of 1137 and just dumped them out at 1164.
Not bad for a small pleb
Matchbox or Hot Wheels?
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Fly , kind sir , do you have alucard’s
email so that I can message him a huge thank you for his ERY .
Made my year !!!!
Futures takes a shwing and predicts we close up a couple hundy
nerver mind JHole..WNR is SOLID!!
SHE’S GONE FROM SUCK TO BLOW
lol
To the HAT doubters: They are getting purchased bitchez!! HAHAHA
http://www.winnipegfreepress.com/business/breakingnews/cameco-makes-520-million-bid-for-junior-uranium-producer-hathor-exploration-128454208.html
Congrats Mang!!
I have actually been looking to initiate a position in this sector. I feel like Uranium in 2011 is like Gold/Silver was in 2000.
Any thoughts on DNN?
I generally just stick with the Juniors. DNN is fine as a play on uranium price. Solid company. I’ve owned it in the past successfully, but it’s not as volatile or risky as I prefer. Go for it. I’ll let you know which micro-cap uranium I’m building a position in by the middle of next week.
ben is gonna throw 50 k at everyone, says fuck the bankers,time to give some to the peeps,they will stimulate the economy. starbucks and mickey D’s for all
Big Ben “stopped short” of signaling any further action………
Reminds me of a funny clip on Seinfeld about stopping short.
http://youtu.be/lxGRE2wpjsY
WNR
GSVC
INDEUD
Jax Reemin’ology
Seriously considering adding to my SHORT here !
Very tempting indeed !
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… uhhh … fwiw ! 🙂
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Done !!!
Had to do it !!!
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To all my fans … wish me luck !!!
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(crickets chirping)
You have no fans. kindly GTFO.
… just trading what I see here people !
Deal with it !!!
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How can you see anything when your head is up your ass?
If I come to New York City cause major damage, put Wall Street under water and cost 100 billion – wouldn’t the market sell off?
no.dingy sales will rocket, and paddles not included. it’s one thing to be up shits creek(wall& broad) but no paddle means you cant sling the shit
“Knock knock!”
“Who’s there?”
“Irene”
“Irene who?”
“Irene over and you kiss my ass!”
No, Krugman would do this:
DOH I mean this:
Krugman on Hurricane damage
@ alf,you see a shit monday commin down?
… don’t really know about Monday … I’m just concerned with right now !
And … what I see RIGHT NOW … is the S&P unable (so far at least) to get thru the 1180ish area !
Which is where I added to my SHORT !
I’m just trying to manage my position here and felt the 1180 area was a good place to take on some more SHORT exposure based on what I see on the charts !
We shall see how it works out !
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Fly,
You started a position in MTG yesterday. It is up 9% today on no news. Do they have something going on or is it just recovering from being oversold?
Anyone know anything about Deswell Industries. A guy in the Globe and Mail is saying they should go up to $11.00.