Some of you have queried “now that PCLN is down largess, will the market follow suit?”
The answer to that question, AND MORE, is no.
There will be pit-stops along the way, haters in the crowd throwing mashed potatoes at the long only crowd. But rest assured, this motherfucker is going to 15,000 by year end. At that moment of triumph, “The Fly” will be celebrating, magnificently, dressed in a “Devils cape,” brimmed out with gold and rubies. He will use magical arts to distract those interested in stopping his decadence. Hedonism, for lack of a better word, will reign supreme in the new gilded era of Obamanomics, part 2.
As an aside, I’ve been developing DDOS bomb attacks to strike at the servers of my enemies. We will dispatch your third tier, lower level, outfit into oblivion.
On any pullback, I am a buyer of VHC.
Top picks: CTRP, EXK, TEA and DECK.
29 Responses to The Train is Still Moving
OEW Daily Recap:
“The market gapped up for the fifth time in the past nine trading days. The SPX opened at the uptrend high, 1400, and continued on to 1407 before pulling back in the afternoon. With a short term negative divergence now in place on the hourly charts, a 10+ point pullback is possible. This market has had a nice run, from SPX 1355-1407, with nothing more than 5 and 6 point pullbacks.
Internally: all 9 SPX sectors are in uptrends, market breadth (NYAD) continues to make new highs, and nearly all of the foreign stock indices are in or appear to be beginning uptrends. This uptrend is starting to gain upside momentum.
Short term support remains at the 1386 and 1372 pivots, with resistance at SPX 1402/03 and 1413/15. Short term momentum is displaying a negative divergence. The short term OEW charts remain positive with the swing point around SPX 1385. “
So just little corrections, then continue on the upside. I agree, especially in an election year.
market cared less about facebook terror, rogue knights, european homos, and collapsing bond yields. this bernake bid market is fu*cking chuck norris, it can play with fire and not get burned, it roundhouse kicks shorts in the f*cking balls right after giving them hope, it is a nasty sweaty gorilla hopped on cocoa leaf, pillaging, then burning down small helpless villages in the amazon
Fly – Good call on CTRP, nice lift after hours. I wish I had your patience.
Do you really manage money? Last week we where going down becoz of TLT going to 300 in August now This week we are going to 1500. Please people do your own homework or you will end up driving Impalas or times time stamping shit. Fly get a money manager for the money you have been entrusted to manage. We will get a Pullback @ vix 15 and after this correction in the TLT. Don’t complicate this stuff.
You are a animalistic man. You are barbaric in both thinking and decorum. And because of that, only that, you are exiled!
My Dad had a yellow Impala station wagon when I was a kid.
A very fine auto.
I recall sleeping in the back when we were going through Milwaukee in the middle of the night in ’68 during the riots (MLK).
And then I tried to top off the gas tank of the Impala during the ’73 Arab oil embargo and the gas station owner banned the Impala from the station. I waited in line for about 3 hours and the old man insisted the Impala get topped off. A no no during the embargo.
Too bad families don’t go for Sunday drives anymore…
Too bad there aren’t 20th century families (yikes!).
Holy Shit Batman… RAX ah.. thanks again Le Tropicana
That one wins a Gold medal in the earnings Olympics
The roast beef at RAX is pretty disgusting but it’s not bad with plenty of horsey sauce.
The potato cakes are top notch (although a bit greasy).
Wait for a small pull back.. get insanely long, my take.. BTW I posited not 2 weeks ago that markets were rallying as Romney was failing… just sayin I was routinely pelted by the likes of Fake Amish who said, and I quote “take your 0 dicksucking out of these hallowed halls” Hey fake dick fuck.. go fuck yourself. and you can quote me.
Romney will help economy by fostering business-friendly environment. Obama will not.
What question do you possibly have left?
cc: alf frog
Debt Bomb Video. Pretty darn good.
HuggieBear is now short as of today. Stop on a close above the Q1 highs.
Fuck ‘em all i think this is just a low-volume manipulation while people are on vacation…
Although I will probably buy-back a stake in EXK tomorrow….i like where thats sittin.
I’m going short tomorrow. Fly, you are my contrarian indicator. Without fail in recent history, when you stated this market is going the fuck higher, we go lower. And when you’ve said, we are going the fuck lower, we went higher.
Thanks and…. SHORT!
That’s funny James, being that I am +23% for the year.
Eat my dust.
Romney is a really a paper doll cut out. When you turn him around, he’s flat.
No “They want Efx” or ‘Microphone Checka”? The ‘FLY’ is clearly mephastophiles RUNNIN this shit…
One thing tho – I think this insanity will run out of steam sometimebefore NOV 7th – JUST as the ‘powers that be’ have designed it – and I’ve been saying so for a LONG time now. I don’t know exactly when the trapdoor will shut, so I am stepping gingerly (no homo) here. I will be ‘AUDI 5000 G’ long before then…
Olympics flame out for the tape seems likely. The games that mean nothing are almost over.
BRA’s reading comprehension is blurred this hour.
But the following were stellar:
1) “Die Hard” villain link-image.
2) mashed potatoes (slinging visual)
Obviously. It’s a guy with imagination, but no significant aum over 10-15m. No one that is a fiduciary to others, really, would spend every moment 247 obsessing over comments to ban for example. No matter what, its puerile behavior.
The site now just serves to pawn off clicks to news broken and often plagiarized by other sources as pageviews and “content”
Did you feel clever as you wrote that “mpkt?”
Seems you misunderstand the purpose, and what is unique, about the site, which begs the question “Why are you here?”
My head is on the tracks. Hope this train stops. If it doesn’t, it will hit my head.