Nope, not buying it yet. On the other hand, I am not selling it either. Consider “The Fly” something of an enigma, a machine propelled only by winning. More so, he feeds of off your untimely defeat.
The rally is underway, after an early morning spike to the helmet. By golly, out of nowhere stocks screamed higher as if the sellers were lit aflame and tossed into ovens. Well, if I must take a position, it is to take nothing at all. I am short by a degree of 5% with 60% of my assets in cash. I am not betting large on a decline, despite thinking it will happen, because of the desperate nature of our policy makers to buoy markets–no matter what. That’s what stocks have been running on for more than 2 weeks.
As a matter of fact, I do not think the word “running” does justice to the type of V-shaped “fuck you, you’re dead” rhino stampede we’ve enjoyed lately. It reminds me of the market bottom of 1998, only without all of the “awesome and amazing” technological revolutions and booming economies to fall back on. This time around, we have “Robo-China” and their planned growth of 9.1% per annum, no matter what. How convenient for the world to have such a wonderful backstop. The Mother of all back stops, our benevolent friends, the Chinese.
No matter the Chinese send “mobile execution” vehicles to people who commit minor crimes for proper and efficient life terminations. As long as they keep the jackasses at FOXCONN in check, so that we can enjoy the genius of Steve Jobs, vis a vis shiny new iPads.
Then again, Wall Street is the enemy, since we make Apple’s stock go higher, which in turn employs more people at FOXCONN and the eventual execution/suicide of weak minded line workers. We are so fortunate to have the Occupy Wall Street crowd speaking out for the little guy, telling the world how evil Wall Street is, with all of their heavy handed policies and such.
Speaking of which, the war in Libya went well and we’ve managed to secure plenty of light sweet crude for the fucking Italians and French. Now that Libya is out of the way, we can redouble our efforts to focus on what is important, such as oil in Uganda.
As an aside, I’m sitting out this rally, in order fine tune by orbital space cannon.
[youtube:http://www.youtube.com/watch?v=NKYocOa2A2Q&feature=related 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
where is the Nymph ???
she’s chomping on some sausage somewhere
She’s checking all clam-shaped coffins whilst (sic) looking for her spine.
I am Here…Just waiting for the CLAM to speak at 1:15pm. Eur/USD has resistance at 1.3747 and they are just playing with that with the hope that the Clam will save the day. Boston Fed has a link to watch it live….Drummer, You know I am a Vegetarian….Bobby, I have the Clams Spine, its Merv King that is a hard one, but after that UK CPI number last night says the spine will be mine soon.
Are you for real? Because I’m going to be awfully disappointed to find out that you are really a guy impersonating a girl.
just take one look at her sexy image and you know she is for real …
Jose, I hate to bust your bubble, the pic isn’t me..its Bjork in her Swan Dress. I posted my pic here when I first showed up and Jake (who is a big Bjork fan) said I looked like her. Lol, IMHO I look a lot better then Bjork..but because I have been watching the Black Swan of the Shanghai Copper Bubble, I though the Bjork in her Swan was perfect. James Altucher, Jim Cramer and Jim Rogers all have met me and can confirm I am very female.
You forgot to tell them about your Hollywood pants.
She wears Dixi Chicks clothing too.
Actually, I guess that would make them Nashville pants, not Hollywood.
Bullish it was tops, poor Nat having to sell her stuff. I am too tall to wear her pants.
well woopty freakin dooo –
You got shit.
Regarding Libya and Uganda: who needs the neocons when we have Commander-in-Chief Obama? A bunch of Somali pirates: dead. Osama bin Laden: dead. Anwar al-Awlaki: smoked. Colonel Qaddafi: deposed. Joseph Kony: About to be dead. The Nobel Peace Prize laureate’s theaters of war: Iraq, Afghanistan, Pakistan, Yemen, Somalia, Libya, Uganda …
Please refer to him as Warlord in Chief, General 0Bama.
Thanks
ha,then he can do the remake of,”coming to amerika”, little timmy could play arsenios’ part.
Mr. Neo
you watch too much Fox news…0bama isn’t to blame
blame for what?
What do you have against Italians ?
Where do I begin?
Gold chains.
ROFL!
The best gold jewelry can be bought in Italy and Sicily, I know that for a fact.
wrong
yeah, stolen.
the best gold comes from mena,bar fuckin none
The name Guido alone…
no no no, i have to deal with a fucking luigi,,,also the fucking next door old broad, mrs,”fucking sicilian” grammorosso. you only hear about people like her,i’ve got to live next door to her. i’ll put this broad up against old man deluca any fucking day.
Don’t forget the Etruscans…fuck them.
Off with the heads of anything Greek…except Grecian Formula as this market grays me more…
If it hasn’t already occurred, someone will ensure your early denture grill one day soon.
hey, can you get an avatar of her arm pits, i need a good laugh
$5B tomorrow, $9B Thur, $5B Friday.
POMO, POMO, POMO, POMO, POMO.
http://www.newyorkfed.org/markets/tot_operation_schedule.html
The market is going up at the margin in low volume due to Fed operations.
Excellent choice Fly.
Greatest thing Beethoven ever composed.
Even better since he wrote this while deaf.
nah, he could hear it loud and clear in his head. Just a matter of putting it down on paper. Not that that isn’t an incredible skill within itself.
Mozart was the same way. Of course, he could confirm the melodies in his head.
Most superior musicians can look at a sheet of music and “hear” it just as you can read this post and hear my voice (or “a” voice).
________
This peasant making major coin in banks today!
Trimming positions here but holding some for the sake of greed being good.
We need to send our best union organizers to China.
They can fill the next steerage class space available on WWII rust buckets after the prime lower bunks are filled with the OWS gang. Great move! Ship all the fuckers to China where they will quickly learn about humane treatment for illegal aliens ala Cantonese and Hunan.
In China this Week..Do you know that they Hung Big Black Dogs by their necks out of Tall Building for their protest. Now that is a lot more..ahhh creative..then our Wall Street Protesters…super yuck.
Notice they save the small black dogs for grilling on skewers.
lol, ruggy…ugggghhh
Nymph, I am hurting, I need the market to turn back down right NOW, by the way, I am hurting badly the last couple of weeks …
my SPXU went from 23 to 16, ouch …
Jose..Bear market rallies do that. Someone really needed Euros in a big way for the last few weeks. We can’t get our nice big sell off until AAPL breaks the heart of all the true believers out there. Patience. SPX is playing with the 89MA intraday on the minute chart, it will fade, but give it a few. FWIW, The true part of the game is not to hurt..don’t go short if you can’t take pain.
I can take it, actually I am starting to enjoy pain !!! I need to get some sleep now, bring on Dr. Murray …
You better dump your leveraged inverses Jose while you can because Huggie called 1260 and that’s pretty close to where we will be going. Your chance to sell was yesterday and this morning. Huggie is right.
who is right ??? Huggie or Nymph ???
VXX Halloween or Turkey Gods? Who is right???
Bull markets climb stairs, Bears take the elevator. Most of the time we just stand around and push the button while the Bulls run about feeling happy…Container Rates for Ships, Ugly. Ore Spot, Ugly. Steel Prices, dropping. Copper, Ugggg. Only thing still doing good is that Stupid AAPL…were is that elevator??
so AAPL earnings announcement will mark another top !!!
Or whether Huggie or Nymph is correct. AAPL should be 404 then 278..when my elevator comes.
my FAZ went from 80 to 48 before I can take the next breath …
A $2T bailout will dole out some pain to you shorts … you ready for another beating?
Legalize accounting fraud and maybe we can get our growth rate up near 9.1%
It is legal. It’s called CVA. The banks do it all the time. Look it up.
I might toss a short on the barbie at 1217.
Hungry Fly?
Meet Beethoven’s Reincarnation: http://www.youtube.com/watch?v=jufdSFEQzuw&NR=1
That’s awful. And painful.
Improvement over that rap bullshit..screaming your lungs out at least takes some effort.
interesting chart here (not mine) http://stockcharts.com/c-sc/sc?s=$SPX&p=M&yr=12&mn=0&dy=0&i=p89236288487&a=181755078&r=346.png
Indubitably, we are in a danger zone.
______
http://www.youtube.com/watch?v=k0ZqSXDvTEY
kinda funny Fly sitting out while all the flea-bitten Occupy Wall Street folk are out buying stock on their iphones while chanting “down with capitalism”. you know they’re gonna buy airtime and porta-potties with the profits; never gonna leave.
OMG, that lame story about Leverage.. EU diplomats are NOT EVEN named and it is just gossip. GERMAN people HATE the idea about Leverage of any kind. They are asleep right now and should be pissed when they read the gossip coming out of talks. Eur/USD popping to 1.3800.
Wicked squeeze here breaking the rest of the Bear’s necks.
nice of them to announce it right here instead of after hours.
some wild action in the last hour of trading …