This is exactly the sort of rally I was looking for, unrelenting, nonsensical–serving as a “full decapitation” for the bears. This is the sort of squeeze that destroys men. I will have no part of the short side, not until The PPT flags another OB signal. Yesterday’s purchase of TZA was the first of three targeted buys, all to be done in a methodical fashion.
I sold out of my AKS position, upping my cash position to 25%, with no shorts. The only albatross on my books today is LULU. To make matters worse, I have an antagonist inside The PPT who is long puts. I will tear your liver out from your torso and eat it raw. Fucker. My GMXR position is sharply lower too; but it’s a very small position. I will buy that on dips.
I need CVI, GSVC and RBCN to continue higher. Into this maelstrom of European robusto, I hope to liquidate those positions and move over into a heavy cash position, wrapping up my year with honor and belligerence.
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Fucking love that song, and the lyrics apply. From wiki: The lyrics are based on a surrealist film by Luis Buñuel and Salvador Dalí called “Un chien andalou.” The film notoriously opens with a scene in which a woman’s eye is slit by a razor, which is referenced in the song lyric “Slicin’ up eyeballs/I want you to know.”
The most gruesome scene in all cinema. Just thinking about it makes me ill. The second most gruesome eye scene: the ending of Hawaii, where the king takes a stick and pokes his eye out.
I saw “Un Chien Andalou” in a class on Luis Buneul.
Perhaps one of my favorite classes in all college.
It’s all about the teacher, of course, and some say the Donald Sutherland professor character in “Animal House” was modeled after this guy.
I would not be surprised.
__________
..who DID’NT see that turdball movie in college? call me when you graduate to Jean Renoir..
You don’t get it. It wasn’t the auteur, it was the teacher that made the difference.
Fuck Jean Renoir.
_______
derivative and mindless…lovely!
May I ask what kind of Chianti you have with that torso-torn LULU-liver, Herr Boss-man le Flyster Tropicana?
buy the rumor, sell the news…
we are barely 0.60% up in S&P…
doesn’t look like a massive squeeze
that’s my favorite song
You really need some nicely sauteed caramelized onions with the kid’s liver.
It turned out to be one circle jerk of a session.
Went long EEV (inverse emerging markets ETF) today. Market looks overbought in some sectors.
between my gld,wprt and tza im up. .00001% today!
Hey, up is up!
$SPX closed at 1258 – I think you’re going to see lower prices tomorrow and Thur. Then a Gap up Friday on the Euro summit
Disclosure SDS @ $19.29
or the wedge extends tomorrow and we take off Thurs morning ….
called it.
you can squeeze an empty tube of toothpaste – but it’s still empty…
too many people are bullish.
that’s why we’re going down this week
No you can’t. If it’s empty it’s empty. You are merely squeezing an empty tube.
U been about 100% out of synch for two months.
You must have unlimited money coming in.
you can be wrong 90% of the time as long as you put almost no money in losing trades and a whole fucking lot in winning ones… I think he’s doing just fine.
apart from that, everyone is getting fucked atm, not just the fly, the whole market is.
it’s a massive pump and dump.
I’ve always been a technical guy, but I do not trust anything the chart says atm.
that’s why I stopped being long in anything, even though technicals are bullish after last weeks action…
guess he didnt read the wipe your feet statement
lol 😉 he sure didn’t
disgusting display you unhonorable douche bag. post being banned may the internet gods make your children hate you.
I’ve been on fucking fire. STFU
BANNED
F’in right. Why come here and spew shit? Plus Fly turned a crappy month into his own personal Santa Clause down your chimney rally. Obv he doesnt follow everyday making him a troll.
Merry Christmas!
I must admit, I feel slightly bad for Vegas Trader II because I know he’s still holding that full TZA position. DE-BALLED twice in one quarter.
ONTY is going batshit and with 20% short, tomorrow will be a rocket ship.
wow, r u in that? good play
What if we just stay in this range until 12/23?
SPARTANS!!! PREPARE FOR GLORY!
That antagonist has accurately called numerous Fly Bottoms….
Yep, Circle Jerk…Lame ass FT with that lame story. Now me and my sidekick the US Dollar are going to get in our Warrior Stance as rumors of BoE and ECB action should piss me off tonight and leading into the meetings on Thursday. Eur/usd..ahh 1.3399, couldn’t hold 1.3400 clean.
the nymph is a computer program. no actual human would bother too spew the same shit over and over into eternity.
You have an apt name.
Fucking Amen!
This stuff really gets tiresome. Don’t you ever give up?
Free bukkakes for the bears tomorrow.
@FLY take this from an old man. Getting pissed enough to raise your blood pressure takes years off your life. Don’t let people get under your skin. I have a quad bypass to prove my point. Stay thirsty my friend.
market is heading lower from here… bulls are tired
You guys act VERY hormonal, it’s really quite entertaining. What a great set-up with the miners today; unfortunately, I set my bids too low for GDX and RIC and missed a beautiful reversal play. I hope some of you caught it though.
Have you checked the seasonality on BAL? It looks pretty darn good based on PPT data. I also had mentioned RIG as an add at the $41 range and it went there Nov. 29. I know you don’t like it Fly and if the divvy is cut all hell breaks loose, but I’m looking longer term here, and then there’s always the sell button if it misbehaves.
Hold on a second… are you a chick?
Don’t you know you’re supposed to register first?
😉
_________
Peep peep 🙂
He’s slow sometimes ….
socks
geeze, LULU – got her ass kicked in ..hope you alls sold last week when GIL reported ..ritholz killin em on Ratigan…mr. should be incarcerated blodgett has one rabid overbite…get a muzzle dude….
Fly, you said you will not have any of the short side but bought TZA. What am I missing with your logic?
From the “No shit?” Dept: Goldman Downgrades Europe – calls for profit to fall by 10% in 2012
http://www.reuters.com/article/2011/12/01/markets-europe-stocks-idUSL5E7N127Z20111201
$WYNN $121 last Thursday to $113 today.
Technically perfect “Strong Sell” per The PPT.
Fundamental “Strong Buy” per The PPT.
I am just amazed at how that stock followed the charts in every way.
People are getting their clocks cleaned on that stock, and it doesn’t seem like it is going to let up to the downside, either ($107?)
I meant that otherwise, I would have bailed on the trade. So The PPT paid for itself a two days.
Shorted WYNN at 118… should have added at 121 but oh well. It looks MUCH lower. Must remember to take profits quickly on shorts… must remember
Pixies, hooray!
I am the devil’s whore, spawn of the faggotron 5000.
No doubt.
Still slowly selling.
40/60
equity/other
Just waiting for the blood.
For all who bow and scrape at the mere mention of RIG, I share the news that SDRL-Seadrill- announces plans for a New York listing of North Atlantic Drilling in January.
I may get long some LULU soon and enjoy the flesh eating festivities… in all seriousness, its looking attractive.
With all due respect to Mr. Fly I sold short LULU at 47 and at 50. Had a good day today but this thing is so volatile its a crap shoot. Plus I am a big believer in being long companies who’s products I cant stop talking about, and selling short companies who’s products I dont understand or dont like. Thats LULU.
what are you a fag? how the fuck cant you understand LULU products? too bad there are no cock and ball formations in the.. get ready for it… woman yoga pants you dipshit. wtf?
http://www.scoutcharlottesville.com/.a/6a011570eebdda970b0147e2a02c81970b-pi
Beautiful products. I can’t stop talking about them, but I am straight…