Crazy, Crazy Tape
I am checking out now, amazed by the volatility of today’s action. Just 1 hour ago we were on the verge of bleeding out. Now we are melting up into the bell.
Into further strength, I will sell TCK, some WNR and CVI. However, I will NOT add to shorts, TZA or VXX. The possibility of a run away market is still present. God forbid the Germans decide to rape their populous for the Greeks, we will move 500 points higher from here. Nevertheless, I am content with my year to date gains, especially after benefitting from a garish run– in such a short time frame.
Until proven wrong, I will remain hedged and in a heavy cash position. But, unlike previous times, I will not let any of my positions, long or short, get away from me.
Have a bad weekend.
54 Responses to Crazy, Crazy Tape
This tape has plutonium in it
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Absofuckinglute plutonium
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Watching them together, I really don’t think Merkel and Sarkozy like each other at all.
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What is there about Sarkozy that, God willing, you could find cuddly or professionally intriguing? Thought so. My assessment too of Merkel. My day to be kind.
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Trading this ES tape is like pogo sticking thru a live minefield
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yeah. what he said…
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Just curious
How many points are you putting between your stop(or exit) points and sell or cover points?
Are you buying/shorting or selling/covering in increments/ all at once/ or half and half?
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Same to you
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Wow, what a close. Are there any questions as to what Monday will look like?
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SPX goes up 100 points, pulls back 10, bears call for Black Monday. LOL
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It’s not the number, it’s the way it happened. Far be it from me to suggest that the market is anything but efficient, but it sure looks like “somebody” doesn’t like high short interest when the market tanks.
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Is the market opened Monday?
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Open for stock trading. Closed for bonds.
Also closed if you celebrate Thanksgiving in October, eh.
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That was some cryptic commentary.
Good tho, thx.
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Awesome close today. ROTFL! No matter how you try to trade this tape, it will screw you.
Still in gold, silver & cash. Nada mas. Basta!
Fly, you need a grammar checker (no homonym).
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“Fly, you need a grammar checker (no homonym).”
Leaving market talk aside for a minute, that was just downright witty – made me smile. Thanks for that.
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BANNED
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lol
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Hope that “BANNED” wasn’t aimed at me. I was merely commenting on the cleverness of the progression from the original “no homo” construction to “no homonym”. It was an appreciation of unexpected word play, not an endorsement of a comment aimed at anyone. Mea culpa and sorry.
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Not you
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LOL, everyone running for the exits. Avalanche!
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“Anonymous plans to attack the NYSE at 3:30 EST next Monday.”
See you tuesday. I want NO part of trading through that.
http://www.youtube.com/watch?v=hJQ35sJzRkE
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Anonymous is a bunch of 20-something basement dwelling neckbeards from 4chan. They ain’t gonna do shit.
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Anon said they will not attack the NYSE/Wall Street/Stock Exchange.
Get your anon news from anon, not from somewhere else.
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I get my “anon news” from a ouija board. Its wood was carved from the spear of destiny.
But, considering your comment, I will instead refer to bing “msn news” in the future. Thanks for the heads up.
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Almost took a winning day and made it lose…… beauty slide into the close…. days like this reiterate the obvious “gotta let your nuts hang”….. came in bgu sold and bought bgz and closed it into the bell…. going to my rooftop patio to throw singles to the homeless guy going through my recycling
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Love the action in my John Fredericksen core companies. LNG and harsh environment deep water drilling is where this whole petroleum game is headed.
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Hey pansy asses how about standing Os for Hope Solo on the cover of ESPN the Magazine.
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She’s a dude!
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I actually penned this post on my laptop in a car. I was not really watching the market or news. So I was unable to see how fucking stupid it was.
The little rally that happened fucking melted away like a snow man in Ecuador. I didn’t miss anything.
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Cotopaxi in Ecuador has a ton of snow.
but that’s about it.
Nevertheless, Fly, the title of your post was perfect.
This tape is so crazy that if you blink, you miss big market moves. I am still all in cash. The tape jerks around like it has that St. Vitus Dance disease.
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You’re all part right and part wrong.
This recent market action pattern is called the “Crazy-Crazy-Tape Formation.”
Yeesh.
Read up on your jargon in FoSoSheDuzIt Manual.
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Even we thought that last hour was nutty
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lol
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“Unleash the Stopsweeper algo!” – Clam
Moody’s just slapped Belgium with a hot slice of pizza.
Net short and holding.
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Ut the fuck oh with that last hour.
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hahah great vid with the ibankcoin mention thats awesome. and the other video is nuts. but hilarious
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First friday of month is “debauchery” night for me, I suggest all of you do the same.
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Dennis kneale fondles cats haha, I almost forgot about that one.
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that dude always reminds me of that cartoon character, from tweety bird.”sylvestor the cat”
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I was so tempted to sell ALL my winners at the open at market. I had a feeling that after a few good days and heading into a weekend that the jobs numbers were not going to be enough to keep the market from selling off. Fitch downgrades didn’t help matters. Should have gone with my hunch.
Fly, I envy your successful trading!
Well done!
I was shorting all day and not giving a fuck.
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What’s this crap about “have a bad weekend”? You had a great week and you can’t wish us a good weekend?
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Fly: do you have political aspirations? You could invest our money while Pelosi served you bourbon neat.
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That will require review.
Thank you for your inquiry, this is regarded as a time sensitive matter.
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Is that Sherlock Holmes looking guy at the end of vid 2 Le Fly?
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LMAOOO…it’s as if Dennis Kneale was in on the promo himself, never seen that one. Le Fly wins again!
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” I will not let any of my stocks get away from me” do you always put in a sell stop when adding a stock position. Just curious. I heard a guy say one time never underestimate how high or low can go. The down part I need to remember, and why I should always put a stop in when buying stock.
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Anytime you get Dennis Neale ticked off at you, you are doing something right.
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Seems 1170 is resistance for now….lol…..lololololo…lolololololololololol…lol………………lololo…etc
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resistance is futile
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Anyone notice that you could order an iPhone 4S all day Friday and expected delivery on the release date?? It is now (finally) out 1-2 weeks.
When iPhone 4 was released the 1-2 weeks delay happen in the first few hours and they were out 2-3 weeks by the EOD, 3-4 weeks shortly after.
Shorted a little AAPL at $370
If Romney is Mormon and therefore has 7 wives, who gets to be the first lady, and who gets stuck being the 7th?
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