This has to be the most frustrating market of all time for bears. I imagine them sitting in a sandbox, playing with ghetto Jack in the boxes. Each time the rap song ends, the Jack in the box pops the fuck out with a 40 ounce of malt liquor and cracks it over their heads.
We have no business going higher; but who cares? The Empire always wins. You didn’t think misfits clad in burlap, like Zerohedge, would win, did you? Pffffffff. The government is shitting on you fuckers and will continue to do so until you are fresh out of cash.
As of right now, I am at new all time highs and we’re not even done with August. If you would have asked me three weeks ago if I thought I’d regain all of my lost coin, AND MORE, prior to September, I’d fucking laugh at you and spit sprite in your face. This is an impossible comeback for me. I was down 8% in early August and now show gains of 17%, up another 2 this morning.
More than that, for my personal account, I’m cutting dicks off (no homo, odd) with my DECK call position, now up more than 100%. In other words, fuck you little short bus fuckers, “The Fly” raises dominion over your ham sandwiches and slaps you with them.
As an aside, I am about to check the fuck out of this Amish hotel and head back towards civilization, which incidentally is under water, littered with assholes with boats. I swear to God, if I see anyone within a 50 yard radius of me kayaking through my neighborhood, I’m running them over with my Lexus. Fuck the consequences, those people need to die
It’s Darwinism coming into play here, gentlemen, in more ways than 1.
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you’re gonna need a bigger boat/lexus/titanic fly
“Under these unusual circumstances (unemployment), policies that promote a stronger recovery in the near term may serve longer-term objectives as well,” -The Bernanke
Sounds like he’s going to fire up the helicopter. Not that anyone doubted it.
I don’t mean this out of pure self interest. But I want the market to go up every day for the next 10 years so those fuckers at less-than-zerohedge, Naked Capitalism and that irritating Mr Banned-for-life, Henry Blodget get rotten tomatoes thrown at them for being asshats whenever they’re seen in the street.
Each one of those fuckers seems to go into an orgasmic trance if the market looks like going down. They absolutely love that shit. It’s their whole life. Iwant heir lives to be a misery. Not happy that each one of these idiots was thrown off Wall street, I want them thrown off Main Street as well.
hhahahah.
It’s even funnier to me because J speaks in the most distinguished of Australian accents.
It looks like J has morphed into the Aussie Fly.
He will be throwing Asshats on the barbie soon enough.
Cheers.
Defininitely would be a proper thing :golf clap:
Part of RT 287 in NJ collapsed into Rockaway River. Allow plenty of extra time Fly.
J, what will be will be – just try to make money off it. XIV up and SKFie down, I note. I am becoming more and more a deflationist – deflation wave ahead. After Labor Day, we will find out more clearly about this market when a full house is in attendance. US Recession very close or is here – Euros cannot escape the trap that they are in.
Which is why Ben should fire up a DOZEN helicopters. Half of them equipped with modern day Gatling guns to mow down the insane Tea Partiers.
We don’t have a liquidity problem. The Fed cannot manage where money goes. The 10 year bond just did a very rare thing – negative real yield. Will the Bernank try for a neg real yield on the 30 year? In that case, buy the Pimco zero coupon 30 year etf? TZRO or something like that.
Dr. D.
The Fed still does have tools in its tool box. It could buy private paper if it wanted. It could even buy homes as a last resort.
The Fed has a dual mandate and that means it needs to raise nominal GDP to around 5%(ish) as professor Scott Sumner says.
But yea Europe is a problem further out .. like in the next few months.
J, think 1930s and Japan in the last 20 years. The problem is too much debt and there is no way to quickly handle it. It is really like a an alcoholic or druggie – more drugs just delay the reckoning. We have an election in 14 months and Obama boy the socialist is going out the door. The Bernank just said the ball is in the politician’s court.
Which one of the amazing candidates the republicans are fielding is going to take him out? I see him winning bc there is nobody else to beat him. Its all going to come down to how the economy is doing the day of election.
The more money that goes into 10-year treasuries, the less important our Federal debt situation is.
Which is why the Tea Partiers should be EXTERMINATED, and the country embark on a $1 trillion infrastructure program – roads, bridges, sewers, power delivery, water supply and purification, schools, internet connectivity. OVER HERE, in the USA.
The cost is immaterial. Interest rates are low. The jobs created will grow the economy, drop unemployment, and bring in tax monies by the bushel.
And don’t forget about sending immigrants to build trees in the forest – the true panacea to all our problems.
The cost of your ‘plan’ is not “immaterial.” It’s 1 trillion dollars. That’s a lot of money. But I guess you want to rob my wages from me in order to pay for it?
http://www.youtube.com/watch?v=tj2s6vzErqY
@j
I read your book recommendation by Shilling: The Age of Deleveraging.
I disagree with his premise that the FED won’t print into wild price inflation.
Fundamental agreement with Shilling seems to disagree with your nominally bullish comments.
Care to elaborate on your thoughts?
Be contentious – be prepared ….for another deflation wave. Don’t be cock sure about it though.
Arden heights forest is now a swamp, full of hillbillies with kayaks and fishing poles…
Obama’s uncle from Kenya is in jail not too far from the Vineyard and his nephew Obama didn’t even visit him? What a creepy socialist guy. http://www.drudgereport.com
Non-financial book recommendation for Fly: “Darwin Awards.”
Sand Boxes rule.