I’ve been fooled for a week straight with false rallies, only to dissipate and stab me in the back of the head. Whatever cash I have left will remain in my coffers, reserved for a real sell-off, a catastrophe that even Scott Bleier could embrace.
Slowly but surely, the market is inching its way lower. I am up 0.84% for the day; but it won’t last.
ANR just reaffirmed guidance. This should cause a massive squeeze in coal names. I forewarned you of this possibility yesterday. The coals have been unduly beaten down, just like some of the good shippers, like OSG. But we are in a very tenuous place for the markets right now. GDP is advancing by a pathetic 1.3% clip and China is in dire need of stimulus. Those stupid fuckers are busy retooling obsolete Soviet Union aircraft carriers, instead of minding to their bullshit economy. By far, regardless of what the man in the bowed tie says, China has the WORST developed economy in the world. I say that because their risks and dangers have not been brought to the light. They are hidden under accounting fraud and government controls. If the Chinese economy was allowed to float freely, it would collapse like a cheap accordion–being played by a chimpanzee– in a small Italian town on the coast.
Nevertheless, I remain defiant in the face of immeasurable obstacles, long by 90%, up 30% for the year aka much better than you.
37 Responses to I Don’t Trust This Cocaine
The Fly is God.
Hey, my Uncle Giuseppe, the organ grinder in Palermo.
The cocaine is good:
The Economic Party sucks.
I would say our transition to European culture is complete:
In a horrible economy, the primary concern is FOOTBALL.
It’s more “hide the issue” bullscheiss.
“To what Libyan ambassador do you refer, good sir?”
couple #’s – 1436 is Monthly R1 overnight res on S&P futures (came within a pt). Daily pivot point is 1430.25.
Oh well look at that. Big bounce off daily pp.
I’m changing my name to Money Bot soon…
Sir Fly. Do you have a really awesome trading room/study in your home/time travel machine? A posted picture would be pretty cool.
I really do not. I will blog about this at some point. But I feel that people who spend extraordinary amounts of time setting up their “trading turret” produce ordinary returns.
I am fixed on data, not the decor or the amount of monitors in my office.
I think a ‘trading turret’ post would be a great topic and I am sure lots of people will post their own pics.
Not into a million screens but a peaceful trading study/home office is certainly on my want list for down the road.
I trade off the X-box.
I have placed a trade or two off of the iphone on a toilet in CVS.
Were they wins or losses?
I do remember one was a $PATK win for about five hundo a month before I got blown out of the water in the same name for a couple G.
PATK is the woman I love who cheats on me constantly but I am too much of a pussy to walk away.
What a relief the regular NFL ref’s are back. They never missed a call.
Does anyone recall Week 1 a couple years ago when Megatron TD was denied for DET.
or, who could forget this stellar officiating: http://youtu.be/Sg6oDimEWAg
Hey Raul great post over at the V.Kingdom…You too Mr. noodle
“it would collapse like a cheap accordion–being played by a chimpanzee”
And without a license.
And regarding my Aspirin comment last night, there are obviously some obscure exceptions. And FWIW in my 8 years or so in the medical community I have not once seen or heard of Reye’s syndrome occurring.
I just started taking l-arginine supplements, for high BP. We’ll see.
Half blood — please link to your comment. I am interested.
I just made a loose blanket statement under Fly’s ‘Here Come The Experts’ as I consider myself a chemotherapy expert. http://ibankcoin.com/flyblog/2012/09/26/here-come-the-experts/
are you still holding on to ULTA.
Thanks…I am following you on this one.
Say what? “I say that because their risks and dangers have not been brought to the light. They are hidden under accounting fraud and government controls.” Yeah, may be China but, our U.S. necks are being throttled by the same fucks who spend billions to elect their favorite poof.
This cocaine has been stepped on by my gpat-filled UNIMOG!
I will not get into the unimog
You <b?willget into the Unimog, even if you must be kidnapped, head-pillowcased, bound up, and placed in the trunk, Staten Island Olde School style!
Fak. My fingers are fat this morning.
Get yo’self a new phone at (no joke) http://www.obamaphone.net.
And ANR fades again. Probably the S&P removal weighing on it?
Fly!!! I bought DVAX because if was on your list of potential short squeezes, after doing research, I know love the company for the long term, what are your HONEST thoughts on the company?
Dan Dangerdance says:
September 25, 2012 at 1:28 pm
“S&P 1430ish, BTFD, albeit a brutal motherfucking ride down, fellow long bitches.”
Anyone do that? I did- now selling some into it- Cha-Ching $$!! And AAPL! Daytrading DREAM!! $$