By order of decree, the market has topped. The Federal Reserve has ordered the spigot of free flowing counterfeit money– flowing into the economy– to be shut. The majority of Congressmen are now long TVIXdicks and VXXtits, hedonistically eating grapes on the way to theatre.
As a result, European stocks got hammered today, lending to a full fledged panic out of US stocks, now off by a staggering 1.15%.
“The Fly” timed the market top to the minute by selling his VXXtits north of $20 and buying YELP at $21. The 7% appreciation enjoyed by his person is about to be seized by his local Congressman. The money will be transfeured [sic] to the Representative, so that he may conclude the proper renovations for his Georgian style mansion in the Washington DC area.
In short, the ‘Cocaine Chuck Wagon’ has been turned over by bandits. The Pinkerton men who were guarding the wagon where shot and killed and the treasure has been stolen. Said bandits are now running loose throughout your communities, laughing and drinking stupidly, wearing FAZ uniforms, shitting in plain site outside of crowded movie theatres.
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ooh good,time to go cut the front lawn and then grab a sammy,sumpin up
time to buy coal
Long shit bag dispensers…
LOL!
the pinkerton men..lol
Oh the HORROR indeed… as it stands now the S&P is only up 11.2% since the start of the year. What a travesty!
hmmm… fully invested, racing for the sun, heavily exposed to internet momo stocks… now that’s a time-machine! I seem to recall the need arose to get out and push a bit, last time ’round.
Just a one-day dip, I know – the yelp dip-buyers are already wading in.
What a convoluted, mixed message.
You are unsure about yourself. Come back when you decide.
It’s not that bad…yet.
Bernanke or one of his henchmen will run their mouths and juice the markets again within the next couple of days.
That’s their game. Control the price of commodities/equities/USD while pumping money into the system via the back door. Nothing has changed.
There’s no way to fund a $1.3 trillion deficit (at the Federal level only) without borrowing or printing. Their ability to borrow is becoming more limited so the printing option will become their main tool without ever admitting it. It’s already begun but the sheep do as they’re told rather than use their noggins to figure things out for themselves.
What makes you think the deficit has to be funded?
How does one pay bills without funding?
Well they certainly don’t check the tax receipts and how many bonds will be auctioned before coming out with a budget. Never have, never will. Legal it has to be “funded” so there must be at least an attempt to make it look like it is funded. But technically it has always, and will always, come from an empty bank account, created out of thin air. “Funding” such as bonds are only auctioned in order to control the overnight lending rate.
But let’s ignore all that for now. You say their ability to borrow is becoming more limited. What makes you think that? 10 year yields a little above a record low sub 2% have you scared? Last I checked yields have never been lower, meaning there has never been more confidence in the government’s ability to pay it’s bills and continue to spend into the future.
Yes, LOL, governments can do things that businesses and individuals never could do in a million years. They don’t have to abide by the rules constraining individuals at all. History does prove this.
why am I, or any of us, doing our taxes then?
Personally, I’m looking to avoid federal “pound me in the ass” prison.
TVIXdicks and VXXtits, lol, now THAT’s funny!
Nice that AAPL had a post-Jobs swoon
Ugly someday coming down the other side
Margins, Competition, Ge Msft Csco Intc
There’s only so many friggin apps a single person can need and use at one time!
Swoon? It’s down less than the market after hugely outperforming all the averages YTD. Obviously AAPL will eventually “come down the other side” at some point and that will be ugly. But it’s hard to see that happening short of $1000 given the current fundamentals and momentum. Of course if the markets tanks, then so will AAPL. But it’ll likely tank less.
another post screen saved…. for a rainy day pick me up.
prescient market perspective? probably. will be keeping in my noggin as i trade inside 12631. thanks @FLY
lol. Another classic LeFly post.
300% long FAZ TZA TVIX. I’m looking forward to the destruction of the global financial system and your idiot grandma’s dumb IRA.
My first target is SPX 923 May 9th 2012. By Sept we should be sub SPX 666.
Quarter 1 2013, SPX will go negative and shareholders will owe money to the companies of that stock.
XPO – coverage initiated at Deutsche with a buy rating. How many microcaps do they cover ? …… 1 ?
Makes me so happy, I might start pronouncing Deutsche the German way ….
Careful, you know how those people like to march. Even at 1:32 you can see it in the
little girls eyes when she starts to sing ….
http://youtu.be/bs5bnVoZK4Q
.
damn bobby
Bandits also singing from Zero Hedge while defecating in public; absolutely disgusting!
Da Bull shall strike again with vengeance. And soon. Buying.
Aapl will pull us out from the bear shit
hey come on.we all knew this shit would end.uncle clam,the bearded one,has surmised,that we are out of rehab,and can walk on our own………HA HA HA HA HA crack babies are crying because they can’t lactate from the bearded clam tits no more cause they cant get high .
“lending to a full fledged”???
Fucks SAKES, man!
Clean up your act!
$ERY Fuck oil …9.33
is sara palin a PILF? buyin more wprt at this juncture might be prudent.
PILF has 24 acronyms, the first letter standing for pineapple, pornstar, pork, and pokemon–for the 3 most obscene examples.
politician?
my my how we can spin spin spin… Do you talk to yourself in the mirror a lot? you know like DeNiro?
Oh no everyone sell everything. Don’t worry I will sell it back to you later. For a small premium of course.