I thought SHLD was going out of business. What a silly scheming short squeeze. I wish nothing but the worst for those who bet on its demise. On the other hand, HPQ is shitting the shower, yet again–alongside PPO.
Look, I have a plane to catch soon. I am making my way out of this land of alligators and fucking hillbillies in pick up trucks, back to where the trees are ugly and the concrete is dirty. As my reward, I hereby request from the stock Gods a market that spirals lower and understands no boundaries to the downside. Let’s make believe for a moment, shall we?, that Europe has too much debt and Germany isn’t interested in bailing out the sloth of the continent. Let’s imagine that share prices have overshot by a good 10% to the upside at a time when oil prices have skyrocketed higher, effectively hurting the feeble recovery.
I can tell you from first hand, the housing market is still quite weak. Prices are dropping, continuously, because everyone seems to be impoverished. Frankly, I don’t get it, considering how low rates are now. There is no traction in the domestic housing market, outside of the major cities. If you’re interested in living in NYC, Boston or even lauded suburbs like Scarsdale or Greenwich, you will pay up.
Understand me for a moment, I don’t need the market to collapse in order to justify a reentry into stocks. All I require is a little bloodletting in the names I am monitoring. Slowly but surely, that is happening. Underneath the shiny, glossy, exterior of the market is rot. I’m simply waiting for the facade to be lifted.
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waiting is the hardest part.
Its the fuckin’ banks that are screwing up the housing market.
Let’s ALL have a mortgage-payers strike and refuse to pay our mortgage bills for the next several months, or until the mortgage holders agree to lower our rate to a permanent FIXED 3.5% with ZERO closing costs.
and no payoff date extension.
You’d hear these fuckin’ swindlers squeal!
Blaming the banks for it all is to miss most of what happened.
Who do you think WROTE then SOLD those mortgages? Or are you admitting the mortgage writers failed to do due diligence?
I didn’t miss what happened.
Fannie and Freddie, Community Re-Investment act; Congress- Particularly Barney Franck and Chris Dodd. Government meddling in the financial markets. Lying mortgage brokers, lying mortgage applicants, subprime mortgage companies, incompetant bond rating agencies, Mispriced mortgage insurance, credit default swaps, The list is quite long. It’s always possible to blame one particular thing or agency and miss everything else. It really was a perfect storm.
I too am a Space Alien Magician, and we are going to 1490 on ES, or up until May. Write it down, and remember that. Any dip or selloff will be bought.
What the hell is “ES”?
E-mini S&p 500 futures
I’m waiting too. No problem missing small upside when big downside threatens. B-Zero and the Clam are throwing all the gas they can on the fire. It can last a while, but it can’t last forever.
Who let Timmah guest blog-host while Le Docteur was down in Flahhhhhr-radah?
(No AFSCME)
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the tyler’s are. but the fly is spartacus
I was trying to short SHLD yesterday but my broker couldn’t find any shares to borrow.
I am an idiot. A lucky idiot, but still an idiot.
Erin Burnett? Totally sans discipline! ..ex cnbc-er erin burnett has thunder thighs, cankles, and a thick waist..typical white trash body type given to the weakness of the flesh for cheap protein and too many white carbohydrates. other members of the club…can’t put the fork down ziti queen bartiroma, white trash fast food addicted aussie amanda, tranny in training carbrero (fat ankles and fat breasts) sue herrera, no neck thick asian Melissa, and suze the lesbo in leather ormond. Oh yeah, there’s the arrogant doughboy dieting taco bell king kernan, (skinny smart ectomorph nytimes star sorkin only makes kernan look fatter) bloated Tyler, and all the grease jobs on Fast Money except Timmy Seymour who just needs a bath, shampoo and a facial…but the peeps on FOX and Bloomberg are by contrast mostly thin and toned..go figure..why I wonder? Mika is totally disciplined, makes everyone around her miserable with her righteous denial of the pleasures of the flesh with an eating disorder that rivals Madonna’s…they count the number of cheerios allowed in their silver bowls and will sip green tea in the presence of others like all her cohorts on Morning Joe noshing on heaps of doritos with the look of disgust .she even took on that fat ass Jersey Governor! Other members of the club……Michelle I’m gonna get me summadat free white house fancy food I don’t have to pay for, hillary cankled and puffy and her ugly daughter, and of course “I never met a diet that worked” Oprah!! Go VVUS!!!Ra!
Hear me now and believe me later. The market cares not for your wishes.
This chicken-and-egg/dog-chases-tail concerning oil vs. economy always puzzles me. If we weren’t “recovering” we wouldn’t have high oil prices.
Not to mention this “recovery” seems to be taking shape just like my uncle Billy’s recovery from alcoholism. He’s been sober 20 years.
Fuck you and your drunk uncle.
Nymph types love this trivia(stuff):
A snippet of news, Currency. investment bank (unknown) rattled the cage, and bought NOK
Around 10.53 hours this morning the exchange rate jumped. In less than a minute, by 0,5 % very unusual in currency trading.
The buyer a major investment bank, but neither name, nor size known.
Such large an amount, leading to an immediate movement in NOK.
Rate of exchage 1.44 against the Euro. the NOK has not been as strong since 30 Jan 2003.
Worthless data points, since you have no mention of copper, pissing, and silly bubbles.
Not worthless data points to the kids in Forex boiler rooms. FYI Dr. Copper is pissing silly bubbles into sinkholes.
Get on board. They gave heads up before the action: @DukascopyFX
As Twain would say “Talk of a pullback in the market is greatly exaggerated”. Try the miners.
Like the rec, but LOVE the new avatar, Hack!
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We are trying to be Europe, piling on the debt.
People just cannot buy enough treasuries.
40 a day keeps the shorts at bay.
TZA and VXX sucking mouthfuls of cock.
Dr. Fly…
What’s your stop on VXX?
Zero.
Guys, just so you know I tried to be patient and wait for the dip and have been waiting for quite some time. Today I couldn’t help myself and I bought a bunch of garbage overvalued stocks and options and am buying high and will probably sell low. So if I were you, I would do the opposite of my emotional compulsion to do the exact opposite of what I should.
With that kind of confidence in and opinion of your own abilities you might just as well hand your money off to any one of the 4 or 500 morons reading your demoralizing self appraisal. Or, better yet, run for President.
Cary NC doesen’t have ugly trees?
lol.
carry on.
No Volume! How are any of the big guns going to sell into strength without volume?
Volume hasn’t been the same for years. Doesn’t mean shit right now.
Jake…here’s the link re Altucher “white collar criminal”
http://blogs.reuters.com/felix-salmon/2011/02/28/annals-of-white-collar-crime-james-altucher-edition/
Bomb Iran into the dirt which they are – dust and maybe obama will get some drilling – keystone project. wipe out the muslems – if I were you fly move the beautfil
south
Illiterate xenophobic troglodyte moron.
Erin Burnett? Totally sans discipline! ..ex cnbc-er erin burnett has thunder thighs, cankles, and a thick waist..typical white trash body type given to the weakness of the flesh for cheap protein and too many white carbohydrates. other members of the club…can’t put the fork down ziti queen bartiroma, white trash fast food addicted aussie amanda, tranny in training carbrero (fat ankles and fat breasts) sue herrera, no neck thick asian Melissa, and suze the lesbo in leather ormond. Oh yeah, there’s the arrogant doughboy dieting taco bell king kernan, (skinny smart ectomorph nytimes star sorkin only makes kernan look fatter) bloated Tyler, and all the grease jobs on Fast Money except Timmy Seymour who just needs a bath, shampoo and a facial…but the peeps on FOX and Bloomberg are by contrast mostly thin and toned..go figure..why I wonder? Mika is totally disciplined, makes everyone around her miserable with her righteous denial of the pleasures of the flesh with an eating disorder that rivals Madonna’s…they count the number of cheerios allowed in their silver bowls and will sip green tea in the presence of others like all her cohorts on Morning Joe noshing on heaps of doritos with the look of disgust .she even took on that fat ass Jersey Governor! Other members of the club……Michelle I’m gonna get me summadat free white house fancy food I don’t have to pay for, hillary cankled and puffy and her ugly daughter, and of course “I never met a diet that worked” Oprah!! Go VVUS!!!Ra!
Uh… . Where’d that come from?
“Michelle I’m gonna get me summadat free white house fancy food I don’t have to pay for.”
Now that was poyfect.
I’d love some color (or offcolor) commentary on guy adami and joe terranova. Oh…what about Melissa lee?
Damn. No neck and thick Melissa? Say it ain’t so bro.
fly makes a 7 figure salary? he should be on his yacht off the coast of Greenwich..or even Westport!