In an era of cheap money and immorality, I expect better than 5 consecutive days lower. If they want me to keep spending at a $2k per day clip, I need to see greener stock prices. As it stands now, I am not making any money. In fact, believe it or not, I am losing some.
DDD got lit up again. I waited patiently to buy into it, thinking the slightest pullback would offer a great buying opportunity. Apparently, the industry has gone to shit over the past week and now I’m stuck with outrageous losses.
My other big loss is coming out of JIVE, now down 7% from basis. The hits keep coming and the market is just getting revved up.
Everyone is telling you to “not worry” and how things will hold here and move higher next week. I dare to tell you the exact opposite.
RUN for fucking cover. On Jupiter’s Stone, we’re cooked. I say this, totally selfless, fully invested in stocks with just 10% in cash. I am determined to punish myself with egregious losses, as a lesson to adhere to the warning signs. I saw them and didn’t listen: now I will pay the price with blood.
PPC is moving up. Therefore, I am still “The Chicken Man.” My losses stand at 1.2% for the day, somewhat hedged by two of my top 3 positions being up: KMB and ESRX.
63 Responses to On the Fifth Day of Losses
CALM loves showing up on the 52 wk HI list.
Hector Salamanca would like a word with The Chicken Man…
ding ding ding!
My family ran Salamanca, NY’s theater in the 1950′s.
Juice, you just showed your ‘true colors’ by what you said: (See last Fly post ‘reversal’)
“I’m all for that white greedy fucker”
Tell us WTF does his (Romney’s) color have to do with it? Is it somehow a crime to be white? Imagine if you had said that about Obama in reverse, I dare say you would qualify for banning. Don’t spout racist shit here – whether it’s anti-white, anti-black or whatever. You sir lack a top hat, it’s no wonder you are a lefty.
Anti-Muslim is ok though.
Muslim is not a race. One chooses to believe Islam or not, not to be black or white.
no crime to be white, honky
I already told you, I just love Romney .. can’t wait for him to nuke the towel-heads .. all this talk-bullshit that Obama engages in is just sooo new-age nonsense … just nuke’m already !
White greedy fuckers are better than black stupid fuckers in my book (no racism).
VIX @ 16.8… top of recent range.
That bull/bear poll you conducted recently seems to have been a pretty good contrarian indicator.
If everyone says yes and the answer is no, then its contrarian. If everyone says yes and the answer is yes then the fly is right.. Havent you learned, the fly always wins whether you think so or not
i am still tied to a pole in the city square and am now being acosted by fucked faces wearing tanked tops in wheeled chairs eating iced cream in waffled cones
those douched bags!
Throw some creamed corn at them.
Still time for a ride in the UNIMOG.
It’s “Ride” or “be ridden,” dear boy!
I think DDD finds support around $30
these last hour selloffs are fucking egregious
What about the PPT ?? Didnt it hit OS levels yet?? or is that completely worthless now, i havent heard you mention anything about it ..what happened to 2.2 or watever it was? not happening any more?
Not OS yet. 2.0 is coming in the Fall.
Was an OK day, until ANR gave back almost all of it’s gains…
Yo, Prosser. Nice to add some reality back in. Maybe speak up ‘before’ a qe announcement?
End of quarter/end of month, should at least hold now right…?
Anyone holding OCZ? My buy order got knifed through. Reversal?
Bow to the golden cow the Clam, but act cute with Prosser?
Might I suggest your further erudition via Fyodor’s Brothers Karamazov or Kafka.
I’m already going to therapy twice a week resulting from Brünnhilde’s Immolation Scene.
The Clam and Prosser, like Jekyl and Hyde, Bonnie and Clyde, Get ready for the Downside.
I just swallowed my gum
The old man is wheeling around on a golden wheel chair today
Have you ever decided to not eat for a whole day, after being a fatted up fucker every other day? Your glucose levels fall through the floor and you’re one wrong look away from a nasty mood swing. And with all the devices these days, OY! People were selling stocks from the pews.
I find no benefit to fasting on Yom Kippur. Why feel sick as you describe when you don’t have to?
Several people made the call last week that this week would see around a 5% regression and then the expectation we’d see the rise starting around Thurs
i’ve seen nothing yet that dissuade me from that forecast
The market is anti-fly at the moment. Case in point? Netflix is up.
Fly sets up a win-or-win (not win-win). He tells us all to get out so we win if the market goes lower and he says he is staying in so he wins if the market goes higher.
Don’t be fooled by the win-or-win.
You are a diabolical fucked face one.
I speak the truth and do not varnish it with the lies you are accustomed to.
You know my position. There is no hidden agenda.
Isn’t what you described a lose or lose just the same? You sir are a moron.
That is the MOST unfair criticism you could make of the Fly. The one thing I love is that he ALWAYS goes out on a limb and says EXACTLY what he thinks; he is stock specific and perfectly clear unlike most guys out there. You could not make a more unjustified criticism.
(Better than tobaggan’it!)
The likes of you shall be cast out of the calash as soon as the road gets rocky.
Calashed upon yonder rocks?
BTW — did you realize that the last lines of Puccini’s “Nessun Dorma” translate into “I will win! I will win! I will win! ”
I am not sorry for deactivating my Twitter acct, and I am sorry if that communication caused any problems.
Anyway, I just realized I need not have made that statement, that act should not cause problems, and, in the end, the disclaimer cma.
Besides, twitter was otiose to my social network experience.
Will the ECB Claim eat me and the US Dollar tonight over Spain??? Eur/usd below 1.2730 by the end of the month is what I want ( which is Friday)…Which is 9/28 and is Paul Tudor Jones and my Birthday!!!!..so cool to share Birthdays with a legend.
Since you’ve got a large position in my employer’s stock, I guess that means I work for you…
At least I do for another 60 days or so until the next wave of layoffs happens.
Still short SPY PUTS that I bought the day of the FED announcement following the initial bounce.
My ass is still a bit sore but it’s starting to feel better the bloodier it gets.
Hoping to see a few bankers hanging from lamp posts in Spain and Greece tomorrow so that I can take some profits!
article on genetically modified foods. The French & the Russians are concerned about health risks. And Californians. Other Americans not so much.
Monsanto accepts the labeling of the foods in Euope. But in the U. S. they know they can buy anything they want politically. So they are spending millions to keep the foods from being labelled in the U.S. http://www.digitaljournal.com/article/333607
I made a ton with TC today. Anyone see that baby sitting on the 50DMA. bought at 2.88 sold at 3.01 That was an easy 7K in profit. KILLING IT!! all cash again tonight
Check out ANR volume was high today. It could be in for a bounce. But coal stocks bother me with Obama looking to murder them
You bought and sold approximately 54,000 shares? You’ve got Balls!
Why would anyone vote for this fundamentally anti Constitution guy? WHY? The guy is cancer to America
Because we don’t wanna vote for a tax-evading, draft-dodging, flip-flopping piece of shit.
YOU ARE FULL OF SHIT DUDE!!
You appear to like strong stocks beaten down and basing for a move higher. $DDD never fit that profile or PPT criteria. Follow your rules and bank coin!
Video about Monsanto Frankencorn causing tumors & organ damage in rats. And Monsanto spending 19 million dollars just in California to keep it from being labeled.
May as well open a
new Super Food Market….call it “Ho-Foods”, specialize in GM’s (no detroit)
“ON THE FIFTH DAY OF LOSSES”
Hopefully were not singing that tune going into Christmas.
thanks, now I’ll be stuck thinking up 11 more days of Christmas blues
Perhaps Lord Fly could slap together some festive cartoonage
My math says seven, but I’ve got moron math, or whatever my ex used to call it. On top of that, I’m not even sure there were 12 days of xmas in the partridge pear tree song..
Here comes all the cocksuckers right on cue! Ready to rip into The Fly the minute he’s down, even though he is still up about 30% for the year!
What are you up, Fuckface?
Care to share?
Calm down Stan, you know what happens when you get upset.