The market is too melancholy for me to dive in. I have about 15% in cash, waiting to be deployed. But the overall tone of the market is drab. If there isn’t any momentum, then there must be carnage. Since there is neither, the market is in no man’s land, a risk to both buyers and sellers. Therefore, I’ve decided to sit tight and wait for a better opportunity.
All day long I’ve been dealing with the slow drip, death march of sorts, of my stocks trading lower. These little cocksuckers were looking so “dreamy” on Friday and now they’re little nightmares. NFLX is getting hit on rumors that certain networks will not sign content deals with them, due this Friday. However, that’s a bunch of HORSESHIT and the stock is being abused like an altar boy for no good reason.
Other than that, I am receiving “standard” clubs to the skull in ATML, PPC, MCK, ESRX and DDD. However, it’s worth noting, I am taking an especially large clubbing to the brain in AKS, a proverbial “fucktard” of a company if I ever knew one.
As much as I like to tell myself “Fly, chill out. You’re up 34% and your cock is swinging low”– it doesn’t work! I’m obsessed with price and hate when my stocks trade lower. I need to see progress all the time, else I become morbidly miserable. Should these stocks piss me off anymore, I will sell them all and start anew. I will not say “that’s how I roll” because idiots say that. Instead, I cordially inform you that I am a master of artistic habit, which entails seeing things flow in a certain, mathematically perfect, way. Anything less than sublime is simply inferior to my standards.
All new buys have been halted (no Nazi) until this tape improves.
If you enjoy the content at iBankCoin, please follow us on Twitter
Bought VLO into this massacre
From me.
and improve it will…
Monsieur le Fly, chill tf out. You’re up 34% and your cock is swinging low, dude
Gold, Silver, and Oil are all down along with the general market. These should all be up in an unlimited QE environment. This is either a consolidation, a reaction to the manufacturing numbers, or the start of a massive pullback. I’m going with the pullback.
I’m going with small consolidation.
The TradBots are Jewish and taking the day off. The HFT traders are having to do everything the old fashioned way- like Paine Webber used to do.
Agreed. Consolidation before blast off.
Sell Rosh Hashanah,
Buy Yom Kippur,
Bomb Iran on New Years.
Lol it’s a .3% down day following last Thursday and Friday…the horror…
It always starts with an Lol. It will end with a FML. Republicans will take the S&P to 665 out of spite.
Best pic you’ve posted in years.
How low does the Fly’s cock swing (no home)?
that’s no homo!
No country for old steel stocks.
Watch AKS have okay numbers, but have great guidance, based on QE, and we punch faces in all the way to fucking bank. Indeud.
He swings so low that he has to buy an extra shoe.
He swings so low that he gets penalized at golf tournaments for carrying an extra club.
He swings so low that he is required to pay an extra admission to Disney World.
He swings so low that the TSA just lets him go through without using the metal detector.
He swings so low that he needs a separate shoulder belt when driving.
Where’s the Elliot Wave guy now?
haha
Right here …
OEW Recap:
“The market opened slightly lower today, bounced to SPX 1465, pulled back to friday’s 1462 low, then went into that narrow trading range until about 1:30. Around that time Crude oil broke $4 to the downside and stocks headed lower. Heading into the close the SPX hit 1458, before bouncing higher to end the day. This decline represents a 17 point pullback from early friday’s SPX 1475 bull market high: the largest pullback since Minor wave 4 in late August.”
“We continue to monitor the SPX 1463/64 pivot range: 1456-1471. A break through the lower level could mean Intermediate wave iv, during this options expiration week, is underway. Short term support now slips to the 1440 pivot and SPX 1422/27, with resistance at SPX 1463/64 and the 1499 pivot. Short term momentum touched oversold during today’s pullback. The short term OEW charts remain positive from SPX 1412 with the swing point now around 1445.”
I’m looking for 1447-1452 …
Thanks Tea!
Others are not feeling it either. Which of course begs us ponder the following; The Fed has now pulled the trigger on the big gun, what happens if the market is ho hum about it?
I liked that bear raid in oil today. Good times.
DMND mover today
Tea house the Fucktard!
Leave Tea be. It is a arduous journey trying to convince complete strangers that one is in fact a native american independent voter. No wait… Would vote for a senile fake indian as a independent or… Something like that.
Fucktard? That’s what Romney did to all you teabaggers with his lastest gaff …. Fuckt-u-hard, especially you two … Hahaha!!!!
I had a date today! With great anticipation I waited for the bell to ring, for a knock on the door, for an opportunity to get hardwired to the AT&T wireless network, but sadly, I got stood up.
Gasoline shit the bed today. Wtf?
You know even economic data other then Employment doesn’t even matter anymore …Brent holding 120 and WTI holding 100 is the last weak weapons that I amd my sidekick the US Dollar have against the clam. We are still banging inside of the shell though, this All or Nothing Move of the Clam really is historical..but Me and the US Dollar are hoping that he gags on us and Frees us from his massive shell. AAPL 700,00 is the monster he created.
Dr,
Chill out 🙂 you are doing great!
I bought some of Grandpa stocks today…. and some energy, like TLM and CNQ…
Stocks are cheap, look at consumer staples, utilities and telcos…some are very cheap here.
But frankly it is the same market in the same pattern: red monday, turn around tuesday and pocking green the rest of week 🙂 yada yada yada…
I could be wrong of course….
http://www.youtube.com/watch?v=suYyVQ2cBXc Weakness.
http://thecaucus.blogs.nytimes.com/2012/09/17/romney-faults-those-dependent-on-government/
Someone needs to beat management of NFLX like a redheaded step-child.
Gold and Silver are prepping to make new all time highs. Don’t be fooled by small consolidation days. Yes the Jewish HFT machines are being led to the slaughter. Today was a day off and many I feel are still pretty short from the last 45 days of building it up. The clam has burnt off the short’s skin for now. The HFT machines don’t feel the pain until the wizards behind the curtains figure out just how massive the losses are. Meanwhile many traders that have a direct link to a brain covered this past week when they saw Gold making huge upside moves along with Broken Stanley. I knew a tsunami was coming after 3 consecutive days of 4-6% moves in MS. The HFT’s are a losers paradise right now and I got a feeling there will be some high profile “short” fund blowups here soon as the market rips their entire body’s skin off.
AMZN now wants 5 bucks to ship a book standard shipping 3-5 days due to Cali taxed also. Anyone like this 90’s pig as a short?
You’re going to short them because they charged you five dollars shipping? lol
Idiot Piker ….