Once again, the bears got mugged on a day when they were supposed to do the mugging. This afternoon, I was cornered at gunpoint, by a burlap’d bandit, then separated from my money and jewels. As the assailant made his way into the escape vehicle, about 3:30 pm, I flashed my Desert Eagle on him, took my shit back, and relieved him of his chain.
Basically, that’s what the market has been reduced to. Somebody is getting robbed on a daily basis. Damn straight it’s not gonna be me.
For the day, I was up another 0.6%, putting my year to date gains just under 5%.
Yes, today was bullish as fuck. My beard is thick and my demeanor bitter, one day before my birth date. Tomorrow will be the day the bears lose their Nike Air Jordans and goose down coats–a gift of sorts from the stock Gods to Senor Tropicana.
Watch it.
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lol u played counter-strike?
What’s that?
A video game, where it’s all about the d.eagle
No, I really have a D eagle.
Stylish choice, and for some reason not surprising ha
Which one? I had my eye on the chrome .45 and .50 but they were too nice looking and I would never want to fire it.
ahah eco round with desert eagle =] didnt touch this game like 7 years i miss it
why the hell would someone announce their birth date?
I’m sick of this shit. I will be content to linger in TLT, and other Metamucil names.
TLT has 14 points down.
today it was, but not when Merkel is screaming NEIN, NEIN, NEIN! Tomorrow is Friday, unless we get some seriously awesome news, no one wants to be long going into the weekend.
you have to consider this ..the euro was put in place as a test years ago…the test is failing and a happening of epic proportion is on the table ,,,you just dont hear about it , and that is the complete removal of the euro and every country back to it original currency ..
figure that one out
nothing like waking up tuesday morning trying to get out of a trade to find out your trading servant is down or is froze up and you cant get out, and worse alot worse can happen over the weekend ..
But tomorrow is also my birthday.
i give you as my gift a concern
Looking at TLT and using CBOE’s TYX as a quick guide, you’ve got to figure that the long bond pricing is going to soften once there’s anything definite on Greece. TLT looks like it could settle into a 113-116 trading range, but, seeing as it’s recently had no problems supporting 2008 crash levels for extended periods, there’s every reason to scrutinize this ETF a bit more.
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I dunno how you can look at that market action and feel bullish. I don’t know how I can look at that market action and feel bearish. No one can wait three days, so the final battle has to be tomorrow.
I think the Plunge protection team is more dangerous ultimately. Lulling people into thinking things are ok. You need something to stem panic to some degree (unfortunately). But to think that another leg higher is coming because they put money in at the end of the day?
My favorite overused phrase. End of the day
I think it’s just hope mode for him.
Market will open up 20 handles on Tuesday and then rip another 20 leaving bear shitters in the dust and kill the shorts. But if you are weak and scared sell all your stocks tomorrow.
today was bullish as fuck .. really ? looked like no follow through from yesterday to me
We arent making new highs anytime soon.
Well today wasn’t for the bears, we reached support so a bounce was coming . Little bounce up then we shall see if bears can win again
.
has anyone looked at the u.s. money supply? 3% compaired to last year this may be showing signs of a sloooow down.
to whom it may concern :
happy birthday
nice to see u boost!
thx
was thinkin about qe3 today, as im sure at some point it will happen,and all will be right with the world again. you’ll all be pattin yourselves on the back. but nothing will change…the evil monkey in the closet will still be waiting…scary .
r u referring to the last minute yelp-up?
Always a good sign when one gets the jewels back. A trader without his jewels would be like David Beckham without his hair styles.
Happy Birthday Dr. Fly. I’ll make a sacrifice to the market gods by throwing some bears and cougars into the local volcano tonight. It shall bring boolish [sic] rewards to us all.
You were up 14% as I recall in Late February…Nice call on the Top.You are LONG as FUCK! What do you know??
I was +20%.
I do this shit to myself on an annual basis. In the end, I will be fine.
Indeed! I will catch your call for the bottom and ride it with you my friend….you just may want to listen to your own calls yourself. You’ve been right…you just neglected the Obvious.
Ah. Don’t remind me. I am my hardest critic.
LMFAO! That’s Ok…You ate my liver on $FOSL when you were long and I was short. And now full Circle…..You will be fine my friend. just keep that 9% in stock!
The two best shorts on my radar are TLT (LOOOONG bonds) and FXY. WTF is the deal with the Yen????? The Japs make Greece look like a swiss bank. Why is it not getting shaken down by the global hedge fund wolf pack??
Long: AAPL/QCOM/RGR/LINE
Short: FXE/IWM/EFA/EWG/CRM/LNKD
While I like some of your positions, why are you short TLT when it is breaking out and the German Bund is at record low. Wouldn’t you be better off waiting for a reversal vs picking a bottom in bonds. Keeping in mind
the smart $ has “usually” followed bonds…
and when the euro becomes a memory, money should flow into TLT ,looking at the $spx 5yr chart /month bias not looking good no matter what the bulls say
$spx goes to 1050
Wide… It is clear you have not been to Japan lately.
Also, most of Japan’s debt is held by the Japanese – not China or the EU.
Here you go Fly, a film score from one of the best movies eva’: http://www.youtube.com/watch?v=bkE4pkJ4k_A.
@TraderRenn….it doesn’t make a difference who owns it. It still has to be paid. Debt is Debt…..
Yes, but unlike Greece and other bullshit European countries Japan can get their Bernanke on.
Clicka clacka bitches.
Thanks !
dffapa wrote of Japan’s debt:
it doesn’t make a difference who owns it. It still has to be paid
To the contrary, it makes a big difference that Japan’s debt is mostly owned by Japanese taxpayers.
If Greece were to pay down its debt (hypothetically speaking, of course), most of the money would be sent out of the country. The Greek taxpayers (all 5 of them) kiss the money goodbye. Not so with Japan.
I miss the days of a good old late night Senator Gint vs. Fly debate.
Where has the Senator gone? On the campaign trail?
dow, 11700
i bought wnr at 9 sold at 18.50, shorted to 14, lol, im ur hardest critic. u told me i didnt understand assett alocation…bs. yelp lets look bot at22 didnt sell at 30,u dont understand asset alocation. all in one day all out the next? then all in again? wait u went all in in one day? yelp 30% of your port right then u said i bot more+ calls,,,,then u bot more +calls. im amazed.fuck the 99%ers but they pay ur rent? there the one useing yelp? i say this as a gentelman and await ur response.
You can’t even spell asset allocation!
im tanked thanks for english lesson but stil, i wait for the one who puts spikes in the heads of the 99%ers. and fuck you. look at what im sayin , not how i spell,
your broken English identifies you as an illegal alien. Go back to Haiti, butterknife
A fine choice of ordnance! Have a great birthday, Fly.
The market is doomed.
there was a guy the other day who said fly i followed u on wnr and yelp, i lost all my money, guess its my own fault. they looook to u forook
look to u for guidance u give them shit.
the thing u got to look for is u happy? r u makin someone else happy? or r u just thinkin about urself. cause if ur ur all alone n sad.
I generally find it best not to drink and then post.
Lol! Hiccup!
lol ur impostter!
Happy birthday Fly
Euro up. Dollar down. Oil up. Futs flat
Here we go. see if it holds
Feliz cumpleaños, Señor Tropicana. Anything planned for tonight?
Happy Birthday Fly! Hope you have many more. Thanks for all you do!
John
Happy Birthday Petey!