I refrained from opining on the EFSF because I know how to comport myself when in defeat. Unlike many of you, “The Fly” knows how to behave graciously when things do not go his way. Whether it be in a game of chess or the acknowledgment of egregious grammatical and/or syntax errors in a self penned manifesto, “The Fly” tips his hat and continues to fight the good fight, as any gentleman of stature would behave.
Having said that, it’s true this stock market is the biggest piece of offal to ever exist amongst mankind. The EFSF bailout is a complete fraud and you will understand this lesson soon, as Italian 10 year yields scream higher. The reason why Europe cannot bail itself out is because there is a nuclear bomb in a box, atop the altar of the Eurozone, and it has Italian words scribbled on it. Some dumbass German guy is gonna open it and the entirety of Germany will be distinguished. It will be quite the spectacle. Moreover, the idea to leverage 440 billion of imaginary money by 500% to purchase Greek bonds is insane. I hope you realize this main hypothesis of mine.
Aside from Greece, Portugal, Belgium, Ireland and Spain need help too. This is a little early, but Turkey is a highly levered economy and will die, soon enough. China is not Santa Claus and Brazil couldn’t care less.
Eventually, these chickens will come home to roost and my original thesis will be proven correct. In the interim, I will play the rape-tape and assume all is well, even though it’s not. It’s clear to me, the “powers that be” have a firm grip in the price action and it would beguile my good name to incessantly call for sheer panic. As a point in fact, I am not expecting a panic. Instead, I am anticipating a total snap and break of the equity arm of this tree of bullshit, all in due time.
Until that happens, stay flexible and as always, avoid those murdeholes.
[youtube:http://www.youtube.com/watch?v=Pi2Ih5TryCI&feature=channel_video_title 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
“tree of bullshit”
bravo sir!
Is that Greg Solomon again? Dude is like a cat with nine lives, brought back for his tenth life, like the dollar.
And I think you meant “extinguish” not “distinguish” no?
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what?
Japan also “intervened” on August 4th.
Fly I want to give you Props for calling that Oct Rally Again and trying to warn me. Maybe one day you will tell me what you saw that day. Oh, Oh to put the cherry on the top tonight..China isn’t going to let everyone buy 10 houses again, they put that rumor to bed tonight. Now, I just need my Clam Spines.
How ’bout TN’s run down of decent “nations” for Americans to explore.
I liked Simon Black’s Mongolian insight here: http://www.sovereignman.com/expat/business-investment-opportunities-in-mongolia/?utm_source=rss&utm_medium=rss&utm_campaign=business-investment-opportunities-in-mongolia (but am not so prejudiced. Having an open mind. Sky’s the ______).
Blind..I use to have my Trading Diary at Stockpickr, in 2009 I spend a bit looking at Mongolia. Trying to remember my research at this late hour, As I recall Australia beat the USA to it. It’s either BHP/RTP that has a major developement project there..its rich with Materials. China of course has its Investment hands in it. Will go into greater detail later this week..today is Halloween and I have to go play..but thank you so much because I so love this stuff.
YAK or MNGGF (OTC BB) is the best and only way to play Mongolia.
nymph with all due respect your opinion is invalid. it doesnt add any value to the site. obviously you are really old or a trustfund kid. just posting at this point is absurd. kindly GO FUCK YOURSELF.
Your lack of self-restraint has brought you to the point of standing in Fly’s living room and ordering his guests to leave.
You might want to work on that.
fuck you too old man. eveyone of you cocksuckers is easy to identify. ottnott? the kids will eat you for lunch.
Behave like a gentleman or kindly excuse yourself from our presence.
Every time the futures dip tonight, they bounce, and then dip deeper (Unlike last week), perhaps this bitter cold Nor’easter is making money managers a glum lot going into Halloween Monday.
Copper is down over 3.5%, all metals looking down.
Because I learned the importance of the hedge from The Fly, I am well-positioned to absorb profits from both sides of this train wreck of a market.
God Bless America.
It’s good to see that you are an optimist:
I am well-positioned to absorb profits from both sides of this train wreck of a market.
A lesser man could see that they would be losing from both sides.
If I’m not mistaken, I detect a funnel….
dip of death on the last day of the month has been a fuckery pattern for the last few years. then a rippin all systems go wallstreet scam pump on the first of the following month. the fade if there is one will be the 2nd or 3rd.
Love the front page pic of the partial breast pump … No Chinese teet for the EZ … just another funnel.
funnels also lead little rodents up your asshole. trade accordingly…
Your choice of metaphor, handle, and 100% gay attack on the Nymph indicate you are one sick fuck on the way to a total meltdown. Suggest you inject Ringers and transport to Ramparts immediately; ask for the psych ward.
And we’ll be standing by…
Playing the video and scanning down the comments feels like I’m part of a modern art installation.
New Warrior…Man and your sock puppet accounts.
Deceit lies and skullduggery.
Cut half of shorts off, after this temporary ‘blip’
Can’t wait to add back, when this doesn’t become a ‘rip’
Here’s some candy, please leave a wall street size tip
Who let the dogs out @ the BN?
I see … the new “blogger pick” defaulted to the top of the alphabet but that blogger has no post … Jeremy, you should have it default to “all users” so something shows up on the front page … it’s empty right now.
or maybe the five most recent posts would be better … just saying.
Wall Street Journal:
Of the 312 companies that had reported earnings as of Friday, Oct. 28, 2011, 77% beat earnings estimates, topping the 74% average seen over the past four quarters, according to data provider FactSet Research.
Aside from humdrum trading on Friday, markets are poised to close out what has been a stellar month. The Dow is up 12% in October, while the S&P 500 and Nasdaq have surged more than 13%.
I read that article too, perhaps you could cite it or link it instead of just re-mouthing it?
Stolen IP is an almost immediate banning offense, fwiw.
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Thanks Jake! You’re the best!
It’s true, I did cut and paste those two sentences. It was more fact than an opinion though so I wasn’t trying to take credit for it! But keep up the good work monitoring though! Keeps us on our toes!
Oh, you’re most welcome, IP thief.
Now, be sure to fuck off sideways. 😉
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WTF? What’s your problem?
You, apparently.
He doesn’t like you. He has the death sentence on twelve systems.
My mistake. I thought I detected sarcasm.
Not many on these threads are so “enthusiastic” in their responses.
Again, my apologies.
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“The reason why Europe cannot bail itself out is because there is a nuclear bomb in a box, atop the altar of the Eurozone, and it has Italian words scribbled on it. Some dumbass German guy is gonna open it and the entirety of Germany will be distinguished.”
mint!! 🙂
Or, “extinguished,” as it were.
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exsanguinated
Le Fly is correct. From here on out I am a both a chicken bull and chicken bear. I won’t put anything more than 15% of total funds in this market. The explosion, when it comes, will be spectacular.
We should all rest comfortably because a JP Morgan spokeswoman said that “as policy they don’t vote their book” as a member of the committee which determines whether or not a country is in default. Lying pricks. Die quickly.
Run for your lives! There’s a little profit taking on the last day of a 14% month! The world is ending indeed.
We’re also just under the 200d MA so all the slopeofdopers are going to pile in short on this egregious technical break down. We might even get another decent pullback tomorrow for the “follow through” move the remaining bears are looking for. That would also scare the bejeebus out of those banking on a “first day of the month” rally (which has been a real dud since about March, but I digress).
After all that, then our cocaine fueled rally can resume. Straight to 1450 bitches.
Ahhhh, mah hayah is on fiah!
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Noice.
the Fly is right, the Krauts will be distinguished by becoming the biggest suckers of all time
They will be distinguished in the annals of history, treu.
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Hans isnt happy and he may turn into Huns
Did you not mean “the anus of history”?
No, he meant anals.
Other than profit taking there is rather a lot happening today. Panasonic restructuring?? loss, Hugh Hendry explaining how he is shorting the China growth story by CDS on Japanese Steel makers and the Bank of Japan weakening the Yen.
I don’t see the competitive devaluation being good for the stock bulls today.
That Limey coke-bottle-eyed fucker is going to make enlarged coyne.
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They could still solve the situation in a day, its still a political problem…
Buy half of every countries debt at the Ecb and cancel it.
Just buy $MWW here. It’s a $15 stock..
If that bastard in Tokyo thinks he can out print me, he’s got another thing coming. I will unleash QE of mass destruction on his sushi eating ass.
Come get some.
Adding to QPSA when breaks 4.20?
Good stuff Fly
Your complete and utter satire is droll and refreshing/
Corzine did a great job at MF Global. Becoming a liberal politician totally ruined his talent.
That’s one of them chicken or the egg conundrums.
He never had any head for bizness. He was a trader for GS. Idiot savant, really.
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Fly has the tweets for Beccy …
In the spirit of Halloween …
$400 is to AAPL as …
Garlic is to a Vampire !
.
… or, a mirror …
… or, daylight …
… or, well you get the idea !
.
You think MF Global is going to be the only one? LOL!! We’re going to a bull fight and I’m the ball less matador!!!!!!!!!
wow, you mean a lady martardar ???
careful with the rest of your junk …
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