First I voted for 0bama, now I am long into a market crash. The world works with mathematical precision. If you would take a moment away from your retarded sports events to examine the miracles of climate and how life is able to sustain in the harshest environments possible, you would soon understand there is a certain design to this planet. At times, I ignore these designs and attempt to wing it, using intuition and good ole fashioned American grit as my tools. However, in the end, American grit looks like 0hio.
For the past two trading days, “The Fly” woefully underperformed a runaway market, ignoring all of the tell-tale signs of a market top, even my very own quant. Tomorrow’s losses will be well deserved. I will savior the loss of prestige and capital, as if it were happening to my dearest of enemies. To ignore the laws of reason, based around the calculations of mathematical precision, is a crime. I am being very clear with you. I should’ve known better, but now find my self (ignorant grammar error alert!) in a most horrendous position, in the back of a jam sandwich, AND MORE. I will not sell on open, for that would give me great relief through closure. No. Instead, I will sit idle, in my non-bullshit chair that was not purchased in Staples, with nothing more than a glass of water and eyes to watch in horror as my money dwindles away like intelligence in Louisiana.
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Lets see how things open.
yeah exactly, futures haven’t been that great at predicting the cash opens lately.
Friday’s close was to giddy and emotional for the longs and historically after five up days we are due for a pullback anyway.
We will be awarded another chance to buy stocks at lower prices…go getcha some possibly after five down days.
Is that a shot at Rajun?
0hio is a nice place!
no its not
I voted for McCain, Do I get the 4 years of prosperity award now?
I think our resident Large Louisianan might wish to have a couple of words with you outside in the alley.
I suggest you bring your street cannon.
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Samuel L. Jackson doin’ the “rise up” for the Flackons fans tonight.
Crack a beer, Fly. You worry too much.
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Thanks for the setup, Jake.
http://youtu.be/1ItxVWTikGI
That’s gold.
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The Bernanke will save you…have no worries
Bernie, Me and the US Dollar says otherwise…Bernanke is going down. Core CPI and better regionals says even with a two day smackdown, he is not going to get his way this time. 🙂
I wish I had kept count of the number of times in the last month that the futures signaled Armageddon… Only to end the next day flat or higher.
u r a guinus
Yes of course… A guinus
Does your spell check ever just suggest to you, “GO TO BED”?
Those first couple of hours are going to be unpleasant.
Well said. 0bama is accurate and descriptive. Elegant and appropriate.
?
Really?
Note the spelling: Zero-bama.
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Yeah and I’m Santa Claus
Life is 99% empty space. That is why among this abyss. Life can sustain. It is the 1%…
Okay, now that i have appreciated it, back to football
One badass post.
P.s. I love technology. Smsrt phones and touchpad tabs alike.
… Ah Hem …
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SHORTER THAN VERNE TROYER !!!
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Just sayin’ !!!
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Mystery
You can’t tell me there is no mystery …
Mystery …
Mystery …
You can’t tell me there is no mystery …
It’s everywhere I turn !
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Moon over junk yard where the snow lies bright …
Snow lies bright …
Snow lies bright …
Moon over junk yard where the snow lies bright …
Can set my heart to burn !
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Stood before the shaman, I saw star-strewn space …
Star-strewn space …
Star-strewn space …
Stood before the shaman, I saw star strewn space …
Behind the eye holes in his face !
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Infinity always gives me vertigo …
Vertigo …
Vertigo …
Infinity always gives me vertigo …
And fills me up with grace !
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I was built on a Friday and you can’t fix me …
You can’t fix me …
You can’t fix me …
I was built on a Friday and you can’t fix me …
Even so I’ve done okay !
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So grab that last bottle full of gasoline …
Gasoline …
Gasoline …
Grab that last bottle full of gasoline …
Light a toast to yesterday !
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And don’t tell me there is no mystery …
Mystery …
Mystery …
And don’t tell me there is no mystery !!!
It overflows my cup !!!
~ Bruce Cockburn ~
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ALF…you ask why people want you banned…?
… sigh …
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If we had thumbs, Alf would be getting a fuckload tonight.
… while I am flattered, Sir … truly !!!
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Alas, I am resigned to the fact that … by way of some “loophole” … more than likely I would somehow be defined as some …
“cocaine addled … degenenerate … dick sucker” !
And So It Goes !!!
🙂
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… at least … I think I’m flattered !
One can never be TOO SURE here !!!
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Where ever you go, may it always be raining men and hamsters.
It’s a lazy Sunday afternoon and I’m off shooting my howitzer into Joseph Stiglitz’s fat face:
http://www.youtube.com/watch?v=E4MAifsp-8E
Mr. Hendry, Love your work. Perhaps the Fly could give you a tab here at IBC? 🙂
I hope you are wrong.
About the open. I hope this week ends on a good note. Hope there isn’t a lot of doom and gloom.
I get it and do I win a prize?
Fly is sending a cryptic message.
He writes “0bama” and “0hio” instead of “Obama” ans “Ohio.”
He is telling us what he thinks of Obama and Ohio.
They are worthless, a big fat 0.
That is “and” and not “ans.”
Damn cataracts.
You should see me driving at night.
I thought he would have gone with an 0hi0
gold
TC- I can’t see you driving at night. That’s the problem.
I like when the futures are down. When there up the day before ut makes me nervous.
Regards
Chuck
I get nervous when they’re up, down, and flat.
ut?
I want a set of non-bullshit chairs.
yeah ones that dont smell like ass that you need to Febreeze weekly.
Dont delude yourselves people – greece will default within days and the US markets are starting the next leg down.
No delusion peoples, we talking Greeks here, watch the leg up if you’re in shorts.
when are new episodes of boardwalk?
September 25th.
I was long TZA and loaded in TZA calls into the close when I lost my nerve in the late day push. Eff
Fly….you voted for Obama out of sure hate for GB. I know this you could not have been taken in by his bullshit?
He cut off his nose to spite his face.
It’s the Curse of the Irish.
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lol
you worry too much.
-Kate Bush
S&P 1260, then worry.
You will “savor” the loss of prestige…Over on twitter, it seemed like Scott was throwing in the towel on the SP 500 breaking 1140 and eventually resuming his target of 1040. It will be intersting to see if Chuck’s bottom call holds or if Scott’s prediction comes to fruition. I’m just staying long gold come what may.
http://www.youtube.com/watch?v=jKi4DZtUg-0
“Eventually, everyone gets what they deserve”. I never know when Fly is serious or kidding, but surely he does not really believe that is true. Just kidding, Fly. Not. No, really, just kidding.
Who’s the Brit comic (transvestite?) who works that bit into his act?
That’s one of the funniest things I’ve ever seen… and it’s all in the body language.
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Eddie Izzard?
That’s the guy, thx.
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No, Fly (slamming my fist down on the table). I will _NOT_ have you sit on your tail this Monday morning staring dully at your screens.
After drinking your glass of water you will clear your mind, go out there and do what you do best, finding the next winning trade.
And then you will graciously share the idea with us. Once the trade(s) are deemed good, then at that point you can have some coffee as your reward.
That is all.
this 2 will pass we anint seen nothin yet, democrat, republican, have no idea whats happenin, i have no clue, but cash is where im at now.gold is my next move, god help us,
So, you think the market’s going down? I’m buying. You’re a great contrary indicator
thumbs up!
Awesome mini docu on 9/11, Boatlift, for those who have not seen. Tom Hanks Narrates. A fleet of Tug Boats to the rescue!
http://www.youtube.com/watch?v=MDOrzF7B2Kg&feature=player_embedded#!
well written Fly. Although, you might not be that dissapointed this week as Senor Clam should likely serve a grand slam
Think maybe the major houses let/help the market slide to force Bernie to jump over the candle stick!!!
some will be fucked this week, ur sperms in the gutter ur loves down the sink,
Please….Don’t give up.
– Peter Gabriel
LOCK LIMIT DOWN ? that would be nice right ? HAhahahahhaha
We will see just who grinds whose bones into dust
Anyone with expertise in video editing, email me flybroker at gmail.com
Hoping for nice sell off on open so I can load up on TNA calls..
Here’s a notional ditty on the development of a slip and fall scam case.
Conclusion tomorrow… if I can get the formatting fixed…
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“eventually … win or lose … everybody gets what they want out of the Market … some people like to lose … so, they WIN … by losing money” !
~ Ed Sekoyta ~
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I was reminded of this particular passage from the 1st Market Wizards book by Jack Schwager …
… from fly’s “Blog Title” !
If you have NOT read Schwager’s Market Wizards books … I HIGHLY recommend you do so !
They ARE CLASSICS !!!
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Kudos Fly. I love your blog.
When I first started reading, one of the things that frustrated me about you was that you would change on a dime. One day everything was roses, the next you were out and it was doom and gloom.
Then it dawned on me, this is the way the market is, fickle.
I also love your honesty when things don’t go your way. I appreciate the fact that sometimes a real pro makes mistakes and you are man enough to admit them.
Keep up the great work.
Well at least I’m in good company, I did the same damn thing. Saw the PPT overbought signals, then for some inexplicable reason I went long new positions. Now I’m just hoping to ride Woodshedder’s graph back to even in a few weeks. http://ibankcoin.com/woodshedderblog/2011/09/18/crystal-balling-seeing-the-future-after-5-consecutive-up-days-and-a-gap-down-open/
” savior ” ?? H’mmmm, Freudian slip ?
I’m holding a bunch of shares of KAZ. The news today is that the stockholders have voted to sell and delist the stock and there will be two pay outs to the stockholders. KAZ has gone up a bit since the news came out. Should I sell now and break even or wait for the pay outs? I don’t understand this situation.
Get ready for it!
As Obama speaks, the markets should tank some more!
Historically speaking anyway!