I made 4.4% on 8% of my money today, also known as 0.35%–nothing.
The response to your flagrant barbarism will be an unrestrained blitzkrieg on your greedy asses. You fuckers will have seizures– freeze up your central nervous system– from the surprise– bright lights blinking in your face.
Today was day one of the attack. Tomorrow the blood will flow, freely, alerting all of the small headed fund managers to consider raising cash. By the time the lame-duck over at John Hancock figures out what is taking place and attempts to correct his position, your funeral suit will be at the dry cleaners, while “The Fly” plots and schemes, plots and schemes (in that order) to buy your margin call liquidations.
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INDEUD
Somehow I dont see blood on the streets. May be a 3-5% pull back! Opex on friday would add to further noise.
SHUT UP.
And down?
Fly, himself, said there will be a 5% correction. So I am guessing in the 1290 area, he will start buying …
please contact James Atlucher at once – he will set you straight… dow is going to 20000, apple is a trillion dollars soon, and don’t buy a house!
Ahem Ahem……
http://tinyurl.com/78clryg
The most important chart for the bear case: the SPY/Vix ratio .
A 3 year wide head and shoulders
It made a near 8% downmove today.
Yeah, you be sure to trade that.
I see nuts and fig leaf.
Looks like a mantis to me.
Trade the MANTIS!!
________
Faztastic and faztarded market. Vix is going to be going HAM
Sold VNR & EEP from the income acct … will reload lower.
Indeud. I have lots of gas and I am ready to PERMANENTLY switch the utilities of those in central PA from water to natural gas. Families levered to the hilt in AAPL March $610 calls and NASDAQ futures will soon gather around the toilet and lean towards the warm glowing embers within the filthy porcelain bowl of social network gaming prospectuses and eviscerated hope; begging their cousin to flush it again, merely for warmth.
Clever thoughts but, paling in comparison to the owner’s nuncents rant.
like
OEW Daily Recap:
“Yesterday the market looked like the uptrend was rolling over after a failed Minute wave v at SPX 1353. Then in the last half hour of trading the market spiked up to close at its high for the day: SPX 1351. After trading much higher overnight the market backed off heading into the open. It did open higher and eventually reached SPX 1356, which is within the targeted OEW 1363 pivot range. The minimum expected for this uptrend has been reached.”
“After hitting SPX 1356 the market retraced right back to yesterday’s 1341 low. Since we have not had any irregular waves during this uptrend, the rally from 1341 to 1356 and then back to 1341 allows for several possibilities. An irregular flat is one, part of a diagonal triangle another, or even a small B wave to finish off the uptrend. However it unfolds the key level to watch now is SPX 1337. This was the low of Minute wave iv. If the market breaks below it the uptrend is likely over. Short term support remains at 1333, 1321 and then the 1313 pivot. Overhead resistance is at the 1363, 1372 and 1384 pivots. Short term momentum hit slightly oversold late this afternoon. The short term OEW charts are at neutral. We do see negative divergences on all major US indices on many short term time frames including the daily charts.”
http://caldaro.wordpress.com/2012/02/15/wednesday-update-327/
FD: I raised cash today and will add some more tomorrow … GLTY
The market has seen the highs for the year!
What?
You must be kidding? I fixed you for a Dow 20,000 guy.
I am…but not in 2012.
My royal ass.
Not until $AAPL sees 550 matey…
Nah … after this leg down we have a wave3 beauty that could last awhile.
Does Bernanke care about Elliott waves?
doubt it but the waves aren’t bothered by him either …. LOL
I think as soon as Ben sees the wave 3 coming, he will unleash QE 3,4,5, and that wave 3 will retreat very rapidly. In case we have a 5-8% pullback, he will use that as an excuse to shoverl those QEs on us. I pray we get a 10% pull down; I will be buying like no tomorrow.
be surprised if we go any lower than 1250-1270 … QE would only fuel an up leg, not kill one … Put the crack pipe down!
Thanks Tea!
Sir Broken Clock,
A well known fact: In the end, the market beats everyone, especially those who don’t realize they are beat. Ask JP Morgan, Livermore, Paulson, Buffett etc… All dead and beaten or beaten and dead.
The only real winners are those of us ‘retail crap’ who come into the game with the express objective of losing. The market’s ebb and flow is then only a ritual cleansing.
Heaven forbid I join the PPT and lose my money slower. Disgraceful. Slow death is so yesterday.
Bagwash
I am very interested to know what in the world you are talking about. Speak clearly Sir and reapproach this dialogue with facts and direct talk. I do not mince words and do not expect my critics to do so either.
Yes you can have your pull-back now Mr Fly. I’m 100% cash. You were a bit early on the call though!
I’m boolish.
Bring on margin liquidations – i am ready and anxious to capitalize
I made some money today for the first time this year…also closed my short positions am 100% cash. Most likely a swift 10% downmove about to commence.
hahaha … maybe 5%
“I made 4.4% on 8% of my money today, also known as 0.35%–nothing.”
You joke about that but on a day when the S&P is -0.5%, +0.35% isn’t so bad.
Annualize your +0.35%. 91% ain’t too shabby.
Fly probably made about 30 Grand today …
Ha! 30 grand
stock market gains do not annualize
*one day stock market gains
Can I annualize my hourly gain from january 27th at 11:30 am? Haha
already wore the funeral suit last week. think i got some gravy on it from the lasagna
Finally got 100% cash. 25% since Dec 21. Now need to let this market reveal whether its time to consolidate or just tank.
Some of you guys are so steupid and immature… and I’m saying this with homework and midterms to study for. Get raped sirs.
Thank God for the pay wall.
a chap I know is praying for a correction to validate sitting out what was a great trending up market that one could have played and rode out any dips on or could be 100 % invested right now and coining reams of moolah!
finally a tape I can understand
Bulls will now eat Venezuelan beaver cheese.
Bon appetit!
Does this mean I should buy AAPL?
btw, my post on the previous blog was that the bond players were moving out of equitity higher risk bonds..it was confusing in the wording.
“equiTITy”…I’m unfamiliar with that derivative, please elaborate.