Let’s be honest, this is fucking bullshit. On top of that, this is exactly the sort of trading action that portends a calamitous drop.
I’ve taken some precautions, even though I have just 10-15% in cash (it varies). Two of my larger positions are KMB and ESRX. In addition, I own CHD, PEP and WM. Even my “risky” plays have strong fundamental underpinnings, like ATML and IDTI. My higher risk trades include DDD, PPC, OSG and SVU, all subject to the winds of sentiment.
I ended the day +0.4%, well off the highs for the day. I am optimistic, but fully expect my optimism to lead to a short term disaster. My entire investment career has been about big gains, small losses, then bigger gains. The market will ebb and flow, driving your portfolios through peaks and valleys. Stress test yourself to ensure you can handle the pressure when the heat is raised high.
As for Le Fly: he is invincible, a man built from titanium, able to read the tea leaves even before said leaves have been plucked. Spare yourselves the embarrassment of betting against such a man of metal and believe, for the sake of all that is good and democratic (no Obama), that everything will work out seamlessly in the end.
http://www.youtube.com/watch?v=j7VD5UpAXPo
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Shorted aapl.
Yes I said it.
Many folks did ring the register this week on $AAPL.
Your timing may be good.
High Five……. I concur with your analysis. I see Apple losing half of it’s Market Cap and falling back down to $400. Why do people need multiple hundred dollar iPhone or need to replace them just because they weigh a couple ounces less? iPad will save the day you say? Not likely. Most people can read their E-book on their Labtop or desktop they already have, or they can get a similar product from Amazon. IMO of course, everyone is entitled to their own, including Apple fanboys who want to pay for 2k computers when you can get a PC for 1/4 of the price.
PC’s are better than Macs the same way my 1982 turbo regal blew the doors off of all of my friend’s daddy’s cars. Nobody cares, except you and your gearhead friends, and half the time you are fixing something. If you are not into it, then it’s really just a piece of crap.
What a terrible thesis.
Everything this week made sense, until today came around and fucked things up.
Romney releases his tax return showing he is a smart investor.
Damn him to hell!
I haven’t heard CNBC mention the 4 million he donated to charity. he makes 15mil donates 4 mil and pays tax on 11mil.
That dirty SOB
Yeah 4 million, the year before he runs for election, yea real charitable.
Its still 4 million
He’s a serious Mormon, so no doubt gives the 10% tithe every year at the least.
It’s become abundantly clear;
There are no undecideds on this site.
Plenty, they just don’t comment
If he were doing it for eletion purposes he would have been better off giving the charity money to taxes in some way.
That will shut 0bama and Axelrod up, but no, they’ll find something else, like a parking ticket he didn’t pay when he was 16. Anything to re-direct the fools in Florida and Iowa into thinking that the last four years have come up roses.
while Karl Rove sleeps ???
He’s probably responsible for the birth certificate nonsense …
Romney gave 11% of his income to charity. Now that is someone I can relate to.
Generosity “I can believe in.” –
no?
Romney gave more than double the percentage of income that Obama gave to charity. And look at what the greedy miserly stingy bastard Biden gave – practically nothing. He gives a moldy piece of breadcrumb to the poor, and he’s filthy rich – but he claims to be for the working man, lol.
Working men like me can relate to those who are GENEROUS and give of themselves to others. Unlike what the media claims, I can relate to Romney but not to the elitist pigs like Biden and Obama.
Sure Romney has a crazy religion, but all your religions are crazy (except mine), so what difference is that to me? He’s entitled to crazy a b or c just as much as you are entitled to your crazy x y or z.
Speaking of no Obama, guess what. It turns out that Romney is the kind of leech he claims 47% of Americans are.
Romney himself is the kind of leech who he himself claims will vote for Obama because he wants handouts.
We taxpayers bailed out Romney’s business. How could any real independent business man, who does not expect to be bailed out, respect this man? Easy answer to this question. Propaganda works. Tell lies often enough, & get a big enough audience for your lies, & people will believe you.
http://www.rollingstone.com/politics/news/the-federal-bailout-that-saved-mitt-romney-20120829
Rolling Stone huh? Couldn’t find a Mother Jones to link to?
Ha ha
“Rolling Stone huh? Couldn’t find a Mother Jones to link to?”
HAHAHA!!
…or a washington post or new york times?
Excuse comrade Frog. She is only doing what she is told.
Frog, are you one of these ‘true believer’ type liberals who refuse to see reality? I’m not Republican OR Democrat. I thought Bush stunk but that does NOT mean that Obama is somehow ‘better’. He is not. His secretive past is riddled with red flags that should frighten ANY American who loves the Constitution. From Obamacare, to his embrace of Muslim Brotherhood, from Eric ‘fast and Furious’ Holder who REFUSES to say the words Radical Islam to his partying with Jay-Z, from friends like Rev. Wright to Bill Ayers, from record unemployment, to ‘redistribution’, from dirty political tactics like QE3 just weeks B4 elections, to the Saudis announcement and his SPR rumors. This Peresident iis a prooduct of dirty Chicago-style politics who has hoodwinked America with smooth talk and a great smile. Would I prefer to hang out with Obama and go clubbing? Yes. Do I want a radical leftist like him leading America and do I TRUST him? NO WAY. Yes Romney is rich, but SO is Obama. The DIFFERENCE is that Romney is willing to give all of us a shot to work hard and be rich as well. Get of the Dem vs Rep thing and think AMERICAN.
” Easy answer to this question. Propaganda works. Tell lies often enough, & get a big enough audience for your lies, & people will believe you.”
Frog you nailed it–Obama and his cohorts lied so much back in 2008 they got elected– and this time around they are doubling down–great observation on Obama–hope and change we can believe in bwahhaha
Really you can boil it down to either It’s a Top or it’s a Base
don’t think there’s any middle ground left
The Dow has been up for like 80 Fridays in a row. They had to change this to keep it interesting. Monday or Tueaday will be a clown raping of the Bears.
Monday, I will be targeting Bulls and anybody who spells Tuesday, Tueaday.
Just don’t harm the clowns.
Stupid dumb Obama fucks. Romney was saying basically that approximately half the country are stupid fuck liberals and the other half are normal. You have to win the 10%. Duh! Duh! Duh!
And that is how he fucked up. Gun-toting religious maniacs aren’t normal.
Normal? I am a conservative and I will admit we need every vote we can get, but pretending the majority of conservatives are not a bunch of inbred idiots who are part of that 47% but too stupid to realize, and who would vote democrat could they read anything but the bible is just that, pretending.
Gold
Idiocy. A comforting blanket to guidos from the north who are just as dumb, but looking for surcease.
_____________
Horseshit. Peaches another “conservative” blowing bubbles out ones own ass. Nice try.
Yeah, “Peaches” about as “conservative” as John Kerry at a gay bar.
_____________
Sorry your mother is a whore
Speaking of Horseshit. Nice 0 imploding foreign policy. Maybe our friends overseas just need a hug. Some foodstamps and worthless college degrees might help.
Yah! Just hug them and let them know we really do care. They’ll get all nice and docile like and hug us back. Everything will be warm a fuzzy, especially the mold growing on the bloody knife they use for beheading we infidels.
Can somebody explain to me why CALL isn’t the short of a lifetime at these levels? What can you do with them that you can’t do with Skype or Google voice for FREE?
oil, gold
Just keep sending toxic American Flags over to Islamickstan by the shipping container…American President Line (APL) if at all possible.
Hey Fly, I hear Romney is next gonna run for President of the Cayman Islands, can you vote for him there too?
Perhaps Obama can relocate to Venezuela when he’s been turned out this November?
Certainly the “fit” would be more apropos, non?
______
Perhaps Romney can relocate back to his roots … Mexico!
http://abcnews.go.com/blogs/politics/2012/09/romney-uses-dads-welfare-story-as-example-of-how-government-can-work/
“Romney used the story of his own Mexican-born father as an example of someone who received government assistance but then made it on his own.”
http://www.huffingtonpost.com/jeff-biggers/did-romney-lie-about-his-_b_1900185.html
Mexican Mitt’s parents took US Govt welfare as did Bain Capital under his leadership yet he has no support for immigrant reform for his ancestry or govt assistance for his dad’s industry that put the food on Mitt’s table. Somebody should be calling for Mitt’s birth certificate … Ha!!!
The auto parts industry workers that make up a good portion of the electorate in Ohio (despite the state’s overall conservatism) will add the needed electoral college votes to put 0 over the top with Iowa … never mind the senior citizens of FL worried about medicare under Romney/Ryan.
http://projects.wsj.com/campaign2012/maps/#r=pres&v=states
How could someone “relocate” to Mexico when he was born here?
” yet he has no support for immigrant reform for his ancestry ”
If the system worked for his father, and he succeeded in this country, and his kid(s) succeeded in this country, why would the system need reforming?
Do you libs even try to make sense?
Crazy blowup for the 0. This mid east trip fall sequence into a pile of camel shit could get good. Prepare! The ghetto get out the vote is on.
Get yourself some USEC ($USU) and watch it triple in a month.
OEW Recap:
“The market opened higher today, hit SPX 1467 and slightly overbought, and then began to pullback. This two day rally is the best one we have seen since the SPX hit 1475 last friday. This suggests yesterday’s SPX 1450 low was an important one. We still see the SPX 1475 high as the end of Int. wave iii, and the recent market activity since then as part of Int. wave iv.”
“With Int. wave ii, (SPX 1363 – 1309), a quick zigzag, Int. wave iv can unfold in a few different patterns: a flat, a triangle or a complex three.”
Cut off the final paragraph ….
“Short term support is at the 1440 pivot and SPX 1422/27, with resistance at SPX 1463/64 and the 1499 pivot. Short term momentum hit slightly overbought today and then declined. The short term OEW charts remain positive from SPX 1412, with the swing point now at 1455.”
Thanks Tea!
Yeah Thanks Tea!!!
read it and weep Amish, along with the polls for the “up for grabs” states … Mitt has frostbite. Ohio is 0’s … Too bad there isn’t a Bush in FL to hide some election returns behind. Jeb, where are you?
I beleave (sic – no hope)!
what ever happened to those youtube videos of the guy…I think his name was…Krul? You used to post his daily commentary – it was quite amusing. Oh, and I recall you said you stopped talking to Broker B because you wanted to embark on making the fly on wallstreet, while he wanted to remain private…..
ahhh! How is this guy still in the market?
http://www.youtube.com/user/THANOS43
actually he sounds a bit like you now 🙂 who knows though, I haven’t seen him since you stopped posting him
Horseshit AFTER the Bell
Better political comments may be found spray painted on ghetto shithouse walls.
..and are.
The way I know that Obama is a great president is that no one can attack him using the truth. The Fox News folks & Right Wing web site folks tell one lie after another about him– all carefully copied by Moolaheaven each day.
Nothing true about Obama seems to be bad enough to be a problem, so his detractors all end up having to lie about him in order to criticize him.
With Romney the simple truth is damning– like the fact that we taxpayers bailed his company out with millions of dollars and he has the gall to claim that Obama supporters are expecting handouts.
Are you seriously bent? Your Lord and Saviour has been wrong pretty much 100% of the time.
Literally, 100% wrong on everything.
What the hell would it take for you to see the light?
Nutty.
___________
Like Libya? Or 47%? Hahaha … Mitt needs a bigger mouth for his next gaff!
I was wondering if you have bought and sold any of your gold and silver positions and bought back in again considering the volatility they have incurred? What percentage of your portfolio are you long gold and silver stocks?
Austin Powers picks up a boiling pot with a stool sample from Fat Bastard and has a sip;
Says: T/his cofee smells like shit!
It’s a bit NUTTY!
By the way, here is another article about Muslims who are against terrorism & extremism in Libya.
http://www.guardian.co.uk/world/2012/sep/22/unarmed-people-power-libya
Of course, I’m sure Moolaheaven can find some lie on Fox News that he prefers to the truth yet again, so that he can keep believing all Muslims are terrorists.
Which is totally ridiculous Muslims are 20% of the world’s population. If all of them were terrorists, most of the earth would be blown up by now.
sounds like a liberal’s anarchist wet dream
How comforting that 1.5 bn people are not terrorists.
The question is, how many will look the other way, and how many will actively participate, given the impetus.
__________
The article is calling “people power” the massive riots where “Compound buildings were torched, cars set ablaze and looting of everything not nailed down” took place. YEAH! Fun times.
Hmm. My comments are awaiting moderation. No progressives are allowed to comment now?
Nope, it’s an idiot test.
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set up by the iBC local JBS … LOL!!!
A big mouth like Tea’s, to put both Odumbo balls in! Haha!
your politics suck so you revert to name calling … LOSER with a fitting moniker.
Liberal fucktards! Go and lap up obamas balls!
Broker-B Free says what the Fungulo, the Fly rules with Titanium Balls!
Oil pulling back and selling into the close on Friday was actually the most logical thing over the last three years. I am so tired of Central Bank action.
I find you extremely hot!
That’s not her!
When I first came to this site I posted my real pic and Jake said I looked like Borj (I don’ see it), so, her in a white swan dress seemed to be the best advatar as I watch for my black swan.
BJ’s been hit. Short WARNER BROS.
You know the company’s worthless without the GreeDay brand.
Warner fires, again, with this: http://www.nydailynews.com/entertainment/american-idiot-billie-joe-armstrong-checks-rehab-i-bieber-outburst-article-1.1166027#commentpostform
Actually, Warner Brothers lost me when they stopped making Bugs Bunny and Road Runner toons.
Futures are sucking a little bit of cock right now!
It’s just the way we like it!
LOL!
except that you are not funny.
We are not trying to be funny! We are just LOL!!!!
LOL some more!!!
More like SRH !