I like the market here, only if counterfeit money is allowed to flood the system and jack up asset prices. Without QE, this market isn’t worth buying. Too much risk for too little guaranteed reward.
As you know, I’ve been calling for QE long before all of the dick-suckers on the blogosphere and twitter even knew it was an option. The grande majority of these people are my enemies. Therefore, it shouldn’t surprise you to know they are stupid and behind the 8-ball (no Rick Ross).
As everyone panicked the fuck out of stocks and into the back of a jam sandwich, “The Fly” positioned for both a Chinese rate cut and Federal Reserve QE. At the time, I looked like a madman; but now you see the methods behind my madness, don’t you? Nevertheless, I grow weary of this market, still. Despite recapturing almost all of my lost coin, now up 15% for the year, I do not like to mingle amongst the sheep, who are now long stocks in overwhelmingly gay fashion. Therefore, I am out, now sitting with a 40% cash position; but ready and willing to go “all in”, depending on the circumstances.
Remember TODAY’S FED DECISION IS AT 12:30, NOT 2:15.
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I’m sticking behind your call of TLT 15-down, The Fly will be right over the next 4 months.
Simply speaking well done. But doing it every day in front of the world through the reversals and pain and holding to your guns is remarkable.
And writing about it both honestly and hysterically all through the day, every day.
Peerless.
I also said a YEAR AGO, that B Bernanke will do what his master O’fraudster tells him, or he’ll be one of the unemployed masses himself come January 20th. Therefore in a SHAMELESS manipulation of the dollar and markets, Obama will do ANYTHING (including harm the USA) to stay in office. The sheep , if they are STUPID enough to allow it, will give the liar-in-chief 4 more years to bankrupt, socialize and shred the constitution. Only by inflating numbers and giving the illusion of a “recovery” can the greatest scamster of all time stay in office along with his lackeys; I only pray the public is wise enough to see through this obvious and shameless manipulation of our financial system.
What will the future hold for us if this is allowed? You mean every 4 years the incumbent will devalue the dollar to get re-elected? Can you imagine what that will mean?
Yeah, “The illusion of recovery”. A DOUBLED stock market, corporate
profits and cash hoards at record highs, USA oil and gas production so high we are drowning in it; unemployment down under 8%, 26 straight months of POSITIVE economic growth and job creation.
This after a stock market DOWN 40% UNDER BUSH THE MORON.
You must be a home-schooled, Fox-watching, economy sabotaging
Republican.
Bush was a fucking moron
Without morons there would be no iBankCoin.
they r all morons,
ment polititions
politicians
That’s my boy!
The White House intervened in a dispute between Attorney General Eric Holder and Rep. Darrell Issa Wednesday morning by asserting executive privilege for documents sought by Mr. Issa related to the “Fast and Furious” gun-trafficking probe.
it never ends,
can u point out were the job growth is? and avg salary, thanks
Public educated MSNBC watching freeloading O-bots vs Home Schooled Fox watching Bush lovers sounds like a great reality show concept. LeBron vs Tebow?
sweet!
If you only listen to people you already agree with you cannot learn anything.
12:30? Why? Is there a Matzoh Ball Soup and Corned Beef lunch special at Booeymongers in Georgetown?
lookin at gold today for the tell,
http://247wallst.com/2012/06/19/gold-added-to-fdic-proposed-capital-rules-gld-iau-auy-nem-abx/
Philip Glass Ensemble plays a free concert at 7pm tonight at Rockefeller Park
Knew there’d be no QE. Was actually suprised so many people were saying it’d happen, when you consider how the Fed institutes what they “call” QE, and where the bond curve is already at.
They’re not looking to be Germany, just ‘cushion’.
15% up now – amazing stuff indeed. It takes balls to hold longs in that carnage… I must applaud your conviction.
Haaaaayters! Today’s rally will be fabulous!
The nak will try to catch me riden dirty, what he doesn’t know is I’m watch from above
Well, i can at least be momentarily thankful that i divested myself of all my UCO yesterday….
Is that a unicorn over there?
I’m more inclined to agree with one of your prior posts; that is, the market’s already priced in QE, and God Save Our Long Fucking Souls if Bernanke doesn’t deliver.
Of course, I’m not long. And I have no soul worthy of mention. So bring it on.
… in an attempt to lower my cost basis, I am adding to my SHORT position this morning. fwiw
I guess you know what that makes me … so I shall refrain from reminding you !
.
Part of Speech:
adjective
Definition: short
insufficient
Synonyms:
deficient, exiguous, failing, inadequate, lacking, limited, low on, meager, needing, niggardly, poor, scant, scanty, scarce, short-handed, shy, skimpy, slender, slim, sparse, tight, wanting
Antonyms:
adequate, enough, sufficient
“niggardly” ???
WTF does that mean ???
.
From The Urban Dictionary:
1. niggardly-
word that will get u fired…even though it doesn’t mean anything offensive
I said niggardly and then i had to apologize…because my boss doesn’t have a strong grasp of the english language
wasnt tryin to offend ,alf.
… you didn’t !
I’ve just never heard that word before ! Seemed to not belong in that list of synonyms !
.
Ads
nig·gard·ly
? ?[nig-erd-lee] Show IPA
adjective
1.
reluctant to give or spend; stingy; miserly.
2.
meanly or ungenerously small or scanty: a niggardly tip to a waiter.
its simple, ben just presses one of these buttons, and POOF http://tinyurl.com/78nf5nt
But everyone and their mom is waiting to sell the market if QE is not announced?
Just the way I like it… Nobody trusting anybody….if you blink I will draw …..remember gentlemen no shoe throwing
12-12-12
That’s it. No QE.
Come on everybody!
Clap your hands!
All you looking good!
I’m goona sing my song
It won’t take long!
We’re gonna do the twist
and it goes like this:
Come on let’s twist again,
like we did last summer!
Yeaaah, let’s twist again,
like we did last year!
Heh heh heh spend the rest of the day at lunch gentlemen you deserve it