So what the nasdaq was up 40. Without AAPL, it was probably up 20. Once again, we sold off from the highs. I was up almost 3% during lunch, yet closed up barely 2%. It’s a good showing, no doubt. Howsoever, there is more capitulation to be had. I can smell it and feel it in my bones.
I’d like, very much so, to bank tremendous amounts of coin and kick short sellers down flights of stairs lined with mustard– but it isn’t going to happen.
THE WORLD AS YOU KNOW IT IS ABOUT TO CHANGE.
Even so, I remain stoically “statued” (pardon the redundancy), long by 90%. I am sick and tired of switching gears, just for the sake of “trying something new.” I am exhausted from being on the rat wheel and have opted to kill or be killed. Granted, taking such a position when +32% for the year is like throwing plugged in toasters into a swimming pool filled with “Twitter experts.” Nevertheless, you know where I stand.
24 Responses to NOT IMPRESSED
Call me bra again and I’ll stuff your salmon for you.
Just get in the fuggin’ UniMOG already, wouldya?
Gog and Unimog!
It’s never gonna happen. Even if I got in by accident, I’d jump out immediately.
I’ll see your Unimog and raise you this;
Nothing but Putin poop.
fuck this shit
Indeud, your 32% for the year is grievous and cause for much lamentation and teeth gnashing.
However, it will also afford you many more beers of the 9%+ variety. I suggest an imperial Russian stout with the rib eye this weekend – and then draw much blood on Monday.
North Coast, Old Rasputin Russian Imperial Stout
I have to agree. Old Rasputin is the shit. Great stuff. Also, I enjoy a good smoky Rausch style bier.
Still full retard Jake Gint stocks. Just not quite as full as I was over the summer. Probably play a little margin once gold hits $1800. Only $20 bucks away.
It’s at least a gap fill tomorrow to 1455. My guess is futures pop so ES can open above 1450 and it drifts up again from there.
Probably the start of the QE3 rally, it will look a lot like the dotcom bubble eventually. We will go parabolic once we break all time highs, then everyone will give a collective “WTF are we doing here?” Then it’s game over.
Buy Guns -> $RGR
Short interest is 40%
Earnings crushed for several quarters, Next report October 29th
Yeah. AK-47′s to take out the top 1% would be a great start to solving our economic problems.
Of course a 110-% tax on ALL income above $250K would accomplish the same thing, bloodlessly.
You’re a moron.
Heard from my brother the gun dealer that RGR has ceased taking orders for the time being. Last he heard they had backorders out past 5 months of full production. Short? I don’t think so. RGR is going to kick diminutive (short) people down the previously mentioned mustard greased stairs.
I can see your feeling better today Fly. See what a day can do. Oct is going to be bad. don’t get stuck again.
I’d have to say, I’ve never seen so many expectations for windowed dressing.
A gap down would be simply brutal. And these bonds, they won’t quit, although JNK looks pumped.
“THE WORLD AS YOU KNOW IT IS ABOUT TO CHANGE.”
Please expand upon this.
Market for the most part has been very boring for 2012. Best invesment to date is continued 401k contributions.
You can watch stuff grow without lifting a finger.
More time to watch TV.
And read this awesome blog!
CAT “reinstated” at Neutral at BoA/Merrill tonight – ha – actually a downgrade as the thing was just rated Buy 3 months ago -target changed from $135 to $95 – seemed like sketchy guidance from CAT for sure
Fly, get with the program and realize that so many “human managed” mutually pointless funds are getting destroyed by their respective indexes/ETF counterparts YTD and since the “rebound”. I think we get a QE upswing well into 2013 and then its either 2008 or something milder all over again. How can I IMPLORE you to trade AAPL options??? Fully exited over 700, tip towing back in at 665 yesterday and 670 today. Will be partially loaded by tomorrow’s close. AAPL loves a Monday AM gap up. Its for those weeklies that I refuse to touch. The 5 is truly kick ass. It blows the door off any other hand held computer on the planet. Don’t believe the noise my Maps seem fine. iPad mini is coming up on deck. 750 – 800 in sight for Rocktober.
What indexes are beating the best mutual funds with the best managers? Tell me.
I know some mutual funds were to the gills in aapl just like you. (Last few years). Only they probably don’t play it quite the same way. Anyone getting in now is trying to “catch the wave” – Smart managers already saw this coming years ago.
Every fucking one of them!! I track many a top rated fund as I am in the pathetic wirehouse world! I won’t go into gory detail but it doesn’t matter, small/mid/large growth/value etc…. it is so sad. The only funds worth owning for clients anymore are the bond wizards: Gundlach and that TCW guy who HAVE blown the roof off the fixed income ETF’s but I wasn’t talking about that in here as FLY discusses the “stock” market.
Catch the wave to 1,000 broa! This thing gots legs. iPhone 5 selling out all over the world in the middle of bankrupt nations like Portugal, Spain and Greece. AAPL running on its own set of economics that are quite strong. I believed when I saw the bums outside the food shelter using new iPhones.