You should all spend a lot of money to procure provisions and fine wine to celebrate the gift that Bernanke has bestowed upon you. This respite that you are submersed in will not last forever. I can promise you that AAPL will not go up $15 per day, everyday, until the end of your time here on earth.
No, what is in store for you is far worse than a mere correction. Pah, don’t chalk up your misfortunes to happenstance, small man, things occur methodically and you’ve made your bed. Very soon, you will have to sleep in it.
The insidious nature that is Greece will reverberate– and the crisis that tightly clenched your arteries in late 2011 will reemerge– this time for finality. Do not think for a moment that just because the EU said they’d lend Greece all of this money in exchange for submission that it’s a done deal.
Haven’t you seen the movie 300?
With the Greek economy spiraling lower, -7% on its GDP, it’s only a matter of time before the people take pitchforks to the heads of their leaders. When that happens, you will regret the day you were born, gayly pressed inside of a panini machine, long TNA because it reminded you of a perverted acronym.
SHAME ON YOUR HOUSE you vile creature of a man, beast of all beasts, barbarian of rocks and dirt.
Nevertheless, as an innocent spectator of the market, having 5% long, 3% short and 92% cash, I wish you well in the near term. My only request is that you cease and desist from agitating me with your bold ignorance. I will rack your brains with stovepipe for less!
Top Pick: VXX
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vxx, you hoping again there Pal
greece is so 2011…move on brother
Shippers a new favorite? Here’s an alternate aspect from Bloomberg:
http://www.bloomberg.com/news/2012-02-14/container-rates-rising-28-as-cargo-to-u-s-rebounds-from-decline-freight.html
Disclosure long BOX BALT
192 page views!
getting long when it’s 3000+ at the open.
I just posted it, fuckface.
Fly, I see you posted that MIB mind erasalyzer photo. That should be mandatory the day after options expiration each month.
the expression ‘it’s different this time’ comes to the mindless
my asshole buddy rubbing his 1250 sh of aapl in my face!!!!! he in around 70….he is a cocksucker!!!
1250? wtf
muthafucka!!!!!!!!!!!!!!!
Oddlotter!
So what’s in store for today, an inflation play?
Not trying to be a bitch…
But you predicted the AAPL 500+ roll and yet you didn’t partake? Why??
Because I am set in my ways. I am trying to keep focused on a specific course of action, without deviating.
I am impressed to see you sit this long in cash….but I think you are cracking 🙂
“barbarian of rocks and dirt.” ROFL!
WOW Fly. You usually change your market stance if you think you might be wrong for even a day or two. You are as serious as a heart attack and you have my attention. However, watching this market with little in the game is messing with my head.
Made a killing on the VIX recently. Off to snack on a Cobra.
Even Crapstone is up today!
I just want my 40, boss… please
40 nasdaq today. not dow.
the day is not over 🙂
HWD love the shiny stuff, man’s best friend
yup.sometimes, dont even need to look at the port. just look in to see the glow. get sick and ti-red jumping in an out of shite sometimes
Apple. LOL! It’s as if Apple controls the water supply and people are throwig every last doller at it. True it’s still growing. It still may grow into the TV market. It still may have it’s “own” economy in the apps market that is booming… but the chart makes me laugh.
Apple is now worth 2 Google’s and a facebook.
The market cap is the combined value MSFT, GOOG, NFLX, and THEN SOME!
WTF
Tonight we’re gonna party like it’s 1999.
america bitchezzzzz werrreee baaack
CPST
TOLD U ITS A MUST OWN
ALONG WITH GSVC
Fly is right on with this one!
Too much confident chatter from the internets.
Greece will default, over a weekend so that we can digest it. Interestgly this Monday is a market holiday, and the next one is April 6.
A default will trigger CDS event and QE will follow, and be embraced, as it was not American made, but is needed to protect America. LTRO will not ring fence it.
Italy and Portugal to follow after that.
The only reason I say this is that Greece has been doing what the EU has been asking for: Parliament passing measures, guarantees following elections, yet none of this has satisfied the EU. They dont want to fix this one.
no,they dont want to fix it ,germanys’ DB is making a FUCKING killing,and their head manipulator/puppet,frau Merkel is doing what she does best. manipulate!
Greece has not been doing what they ask. They pass the laws then ignore them. Greece needs to work it’s way out of this mess or go ahead and default. Too much debt and not enough growth. It’s like a person, if you’re in debt you either get another job and pay your way out of it or you go banko and get out of it.
bottom line is that it can be fixed and EU will not.
if C is not spending G needs to fill the gap not much (X-M) an austerity measure will just kill Greece in the end. and therefore no growth. and if you dont control your currency your SOL.
besides what the hell did the Greek parliament just pass? and Samras letter to EU?
the greeks have been stepping up and saying they will follow through and now the EU doesnt want any part of it. Ergo DEFAULT forthcoming.
So this is just buying time to position. EU keeps raising the bar so that it will not get fixed.
Greece BK before the deadline, and equities dont have that priced in.
Debt is great and feeds activity and growth
So is squatting 350 until you crumble and break
I squatted 350 when I was 14
I squat 350 today…
…
On each side.
________
I meant…… 1350
geeez
What the cock is this shit. These indexes are a mess.
Sold LXRX @ $1.81
will be fine because they use the regular alphabet
LOL
Any thoughts on TVIX ?
Widow maker.
Bond Dealers are getting a little risk off, fwiw.
And there goes crapple. Fading like one of Spike Lee’s rap movies.
Fly, I’ve been reading you for a few years now. The posts keep getting better and better. I’d love to see a book.
i’d like to see a comedy show of this joint every week on teevee. would be a blast
YOU’RE ALL JACKASSES.
YOU’RE GONNA LOSE YOUR HOMES, PORTFOLIO, JOBS AND WIVES–ALL BECAUSE,WELL, YOU’RE ALL JACKASSES.
ROTFLOL !!
But until then, good wishes and salutations!
lighten up PAL
Fly, have you always been this angry?
my wnr too??
Sold MHR @ $6.90
As the USA debt gets to 100% of GDP, does anyone know if any public corps. have more debt than annual revenue, x ing out start ups, pennies, etc.?
I have more debt than annual revenue. But more assets than debt.
News on ATPG … Moving!
PV-10 reserves will be $4B and they will be able to expand borrowing lines by $140M after mid March filing.
Woo hoo… the value of their illiquid assets went up so they are taking out more debt against said assets.
Where have we heard that before?
“you will regret the day you were born, gayly pressed inside of a panini machine” – funny
Gayly bedight, a gallant knight
In sunshine and in shadow.
Had journey long, singing a song.
In search of Elderado.
(someone done stoled his Caddy!)
__________
FAAAAaaahhhkk!
“Eldorado!”
A-game!
Holding 92% cash for Le Fly must be like sticking his hand in the panini presser and closing on it hard.
I want to say there was a scene in that Jason Statham movie — Crank? — about the guy that had to keep his adrenaline up or die, that had him doing that.
________
For Le Fly to be 92% cash should strike fear into your hearts.
No, holding the VXX should be worse fear for many of us. Satan’s ETF.
Rolled out of AAPL calls into AAPL puts before lunch. My equity/option trading sytem is still up 100% YTD. A new bull has been born. BUY any Greek BS dip. Let them default they are a small POS that remains an excuse for the big money to scare the lightweight’s out of thier shares. AAPL will be @ 600 if a 2.5-3.0% divi is announced.
GMXR and SKULL. Did not FLy mention these names in the past? Heavily shorted. I think these two will rip higher tomorrow.