You should have at least 20% cash right now into that cocksucking European meeting. Some German minister said, and I am paraphrasing here “ain’t shit gonna get done in this bitch. Germany rocks and France sucks cocks.”
Look, Italian 10 year yields are still below 6%. We are not in crisis mode again. However, there’ s a good chance we sell off here, as bird brained investors book profits.
I will not add to my TZA position here. I will only buy more into market strength, all to do with The PPT‘s new “3 tranche” Overall Hybrid trading program. Members inside The PPT are well aware of the outstanding results. If you haven’t seen them yet and belong to the club, take a look.
I am not going to panic out of my positions. Although I believe we are due to sell off, I am not convinced we are due for a Zerohedged calamity. I will raise cash advantageously and feel comfortable +13% with a 25% cash position.
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The Germans are lowering expectations. The same traders now selling into the bottom, will be clamoring to buy at the top.
Lather rinse repeat. Like a bad “Greatest American Hero” rerun.
How bout they build a wall……
BAC in black….
You have been calling for a calamity for weeks now. Yet, no sell-off has materialized. You are starting to sound like zerohedge.
I believe it is a short term overbought call.
Wait a second. Didn’t I just write “Although I believe we are due to sell off, I am not convinced we are due for a Zerohedged calamity. ”
Am I in the fucking Twilight Zone or something? Isn’t that pretty clear?
Oh, also, I am 75% long.
Damn FIG. I am afraid you are gonna catch a ban. You have three minutes to explain yourself.
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lol
Bread and Circus in The Fly’s empire.
Gabba gabba hey!
Bigger not always better. Biggest not always betterest.
RIO DE JANEIRO/SEOUL, Dec 6 (Reuters) – The world’s largest iron-ore vessel is disabled and could sink in a port where Brazil’s Vale, the world top producer, loads about 10 percent of global supplies of the commodity, shipping agents and the ship’s operator said.
For the SPX – I’m expecting sell down to the 1226 range then swinging back up
Lest you forget. In a market filled with loathing and revulsion we keep on seeing ONTY pounding the snot out the short players.
Sweet timing on TZA Fly…I’m playing with houses money now.
I suppose this is a head-fake (shakeout of weak longs) before we blast higher!
Thank you, everybody. I’m here all day.
both German and French sucks… but contrary to popular believe:
it’s a bull market, you know
Damn Fly, just bustin’ balls a bit. Hedge is ahaight, don’t be hatin’ on em.