Holy shit I am conflicted between good and evil. On one hand, I want to load up on TVIX and launch scud missiles heading towards the stock exchange, just to see black smoke emanate from Wall. On the other, the contrarian in me, amongst SHOMP, says this is some bubble gum bullshit, nothing to see here but the wind rustling a few leaves.
Here’s what I do know, for a fact: uncertainty is back in vogue and the cocaine addled gorilla with a naked ass hanging out of the limousine is dead. All we have to trade on now is news headlines, which are controlled by complete imbeciles.
Fuck this shit, I am not selling a single share of stock, despite my belief that it’s all falling down. “The Fly” will dine with dignity amongst the rubble.
As I write this news broke that Greece was just kidding, ROFLMAOLUZ! They aren’t really going to call for a referendum vote on the bailout. Instead, they’ve decided to sodomize the Germans for their treasury. Fuck Greece and feta cheese.
Everything is ass-backwards. Generally speaking, I spit on all of you readers who claim market dominance. Fuck, if I can’t get a handle on this shit, none of you ball-shiners are nailing it. None of you.
You know what I’m gonna do? I’m gonna buy millions of dollars worth of silver stocks and prepare to kill werewolves. These government hacks don’t give a shit. Nationalism is dead; therefore, they will extend and pretend via funny money.
Bottom line: gold and silver trade higher.
[youtube:http://www.youtube.com/watch?v=dVfXLJz5i4I 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
The PPT isn’t bothered by the noise. It’s been spot on.
Listen to your Electronic self.
^ This
ಠ_ಠ
that is a very cool emoticon…wth are the letters?
-=ಠ_ಠ=-
without the -= =-
let’s try again…
& # 3 2 3 2 ; _ & # 3 2 3 2 ;
without any spaces
No kiddin’. It nailed the top on the 27th and if we trade up from here it nailed the bottom.
Thank Fly I haven’t puked up my miners yet. EGO looked like it had received a direct dynamite punch to the balls earlier today. Breathing easier now.
http://www.youtube.com/watch?v=e-pOcf5aEmM
That gorilla reminds me of prom night.
go on
My gorilla needs more cocaine
This will be Fly’s biggest mistake since being 40% VXX into the ramp up.
Fly such a hard call…There is 152 of 300 that support Greece George P. ECB is probably putting horse heads ala God Father in of all 152 right now to get them to throw him out..will they be successful. BTW, LOL, month or so they wanted him to stay in, now he “Swims with the Fishes”.
I think the Greek drama has come to an end. That is not what the market is watching now. It has made its way through history. The drama is now in Rome, where the Greek tragedy bifurcates into the decadent comedies of the patricians of the Republic that make way for the Neros of the world (Berlusconi, anyone?), and, eventually, to the gladiator spectacles of the Empire.
And we all know what comes after the fall of Rome: the dark ages.
But first…
King Arthur!
_______
PrimeX
Still long,buying the dip, Dr Fly!
BALL SHINERS……..I BEG YOUR PARDEN
Wonderful. Everything goes as planned.
Buying more $MWW.
JMHO I’d stay away from the SLV – more of a commodity than a PM.
The money move will be back into “safe” stocks the K, G, KO etc.
Guns, Cigs and Booze are also decent plays during financial armageddon
GIS not G
Amazing… most of the gold juniors are green already.
GDXJ on the way as well.
________
$EXK, you nailed it FLY.. I still waith for 9.50
$JASO is holding well for now….
Is this when everybody runs for the exits?
FCX hit $36’s today. Seems they have to re-state guidance and didn’t quite deliver the copper and gold/silver as they said they would.
Yikes.
I still think your thesis from last night holds… especially since we’ve now filled BOTH gaps.
_________
Jake-
The drop to $36 was kinda freaky, in a free-fall sorta way.
I change my FCX forecast to year-end $43.50
Just a roller coaster ride until then.
You know what makes me laugh, Fly’s TEA went right down to 22 and now its up over 2% on a day like this.
It totally amuses the heck out of me. Up 2%, you have such incredible power dear Fly.
Who says Hugh Hendry isn’t nailing it?
Mrs. Hendry.
Mrs Hendry is doing just fine, thank you very much.
That’s only because she’s hanging low with the mailman whilst Hugh goes poncing off across the Pond to pontifate pooftily on BSNBC.
________
Pontifate?
A derivative of masturbate.
lol
Pfizer about to go red. lol.
I’m up to 80% now. I added more $GDX and $FCX this morning on the dip. The $FCX thesis will hold.
I will change it to $43.75.
I just think about downgrades, and the company spitting up bad news between now and then.
Otherwise, it should do okay.
Little US Dollar get some rest, Tomorrow we go “Mortal Kombat” against the Clam.
Whatever you decide to do, wait a day or two. Your time machine is still in need of re-calibration.
Sold all my $TZA today around $33.96.
Going with my gut.
The clam, the turkey gods and santa are all planning a pre-thanksgiving day suprise.
What I’m seeing here–
–< Dragon pattern on SPY daily chart
–< Inverse H and S patterns on VGK and FXE
–< Strong Volume profile composite support around ES 1208
–< A Vix jump of 15% or more. Statistically, the SPY has bounced every time that has happened. An average of 1% bounce, on the last 6 times it has occured.
That being said, I really don't see any bullish fundamentals. But, these 4 technical points seem bullish
There is literally NOTHING bullish about that transaction tax proposal
Greece pushes because America can’t pull.
Papandreou sways the market, because Obama can’t.
God Save the Queen, she ain’t no human being
There’s no future…there’s
No future
And Obama’s dreeeaming
When I first started working in the UK about 40 years ago; it was ILLEGAL to pay an employee by Cheque or Bank Transfer – only CASH was acceptable as Legal Tender. (It was however possible to get around this law by seeking the Employee’s consent.) – My how Bush’s “War on Terror” has changed things.