As you read this scroll, I am short TROW, LM, EXH and NTRS. Additionally, I am short oil via ERY, but in a very small way. On the long side, I am long WNR and GSVC. My cash position is 70%, with a 20% weighting short. For the reading impaired, do not view today’s short sales as something revolutionary or Fly going full retard to the downside. It’s merely a sport for me at this point, nothing of great consequence.
Nevertheless, EXH will not be able to meet its debt covenants in 2013. So this might be something to sell, all-the-way-to-$00.00.
Basically, “The Fly” is relaxing, waiting for Clubber Lang to knock out Rocky. There is nothing redeeming about the global economy now. Mind you, there will be Euro-Tarp and stocks might light on fire, if only for a brief moment. But after the adrenaline rush expires, everyone will be put to sleep, as apathy grips America- 0bama in 0hio style.
Full disclosure, I might add to longs if the market looks ready to shoot higher. But I doubt we go much higher from here. Despite being up 150, the internals are for shit.
[youtube:http://www.youtube.com/watch?v=uKv4pTsMXOQ 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
It’s always a pleasure watching the “Space Alien Magician” (TM) work his magic.
Now you get to see what I look like (upper right hand)
Ack Ack! Ack ack ack. ack.
Tomrrow’s NY Post:
“DROP TROW, PULL WNR,”
ADVISES WALL ST. TRADER
Ugh: “Tomorrow”
F’n A game…
Still funny, nicely done.
but you’d flip-flop on a QE3 announcement no doubt ….
I love the alien in the upper corner! Almost as much as I like the owl. If you could combine them it would be like taking 2 flavors of the best ice cream and making it into the ultimate flavor!
Owl vs. Alien. I see it now.
Hoot-Ack?
So4rry for the Auggust drop gubys, and now this recfent September one that’s ajust gotten started I effed up again, my fat fingers got in the way and I put in a B instead of an M again. ActMually, when I tried to correct my Bistake I put in a Q. Some people thought this meant QE, others quadrillion, but really, my fingers were in the way and that is why the markets dropped! I’ll try to cut back on chocolate and exercise so my fat fAngers don’t get in the way again, but unt(l then there st9ll may be some drLps. Carry o<N/
Squeeze to SP 1160-ish into the close for no other reason that to flummox the most traders as humanly possible. Kind of like your silver picture on friday
Fuggin eh fonzie I got my wish
” ……..”
Doug Kass
Upside Potential Has Improved
9:42 a.m. EDT
I am raising The Kass Model Portfolio invested position from 50% to 65% long.
0bama was in 0hi0 last week by the way.
What’s that guys problem on CNBC?
I like the name Br00klyn Nets.
Very nostalgic.
Kind of like Hula Hoops, Slinky , and Ebbets Field.
Looks like the Cramer Pessimists this AM on CNBC fucked up.
Their buddy Leisman fucked them up! too funny.
Where have all the bearshitters gone?
Apparently hibernating.
Good old fashioned melt up!
This is how the game is played. The house alsways wins. Bend over… Maybe it’s an index finger or maybe it’s a walrus dick.
Without any lube, both hurt.
Talk about Clown-Raped!
The chart for SKF looks like a frown today. Its as if the market is mocking me. Enjoy it bulls, Im coming for you and will regulate with a straight prejudice.