I’m done for the day, having raised enough cash to buy core positions on dips. Everything you see now is phantom. This can all be washed away with Bernanke’s taper gun tomorrow. Or, perhaps the rally continues, once people find out that Ben prefers the company of transvestite hookers when deciding upon policy.
I intend to double my position sizes in WETF and AMBA. In other words, I am circling the wagons around a few stocks, but cannot justify buying them now ahead of a market moving event.
GTAT looks like it wants higher again. Hell, many stocks look real good. I just don’t feel like jumping in front of trucks yet.
Maybe tomorrow.
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Fly – what % cash are u holding
25%
and here comes the RUG PULL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Market isn’t going down. Look at the damned thing.
TZA weekly OTM call options say differently
Why do it to yourself?
see Aug 2011
apples to oranges.
so you’re saying this market will never go down again from THIS level?
I am saying it isn’t going to tank anytime soon. If it does, consider yourself lucky.
We’re at new highs.
uh, no we’re not unless the SP just ramped another 30 pts after hours
LINE, CSU, RAD, CCI — gangsta shit, me brother.
ULTRA VIOLENT
I bought some LINE on that silly dip. I’ll sit on a 10% yield
HMC lifting,,good entry point here
like it and TM
Ben Bernanke to Abe:
“Okay Flaming Dragon, fuckface. First, take a big step back… and literally fuck your own face! I don’t know what kind of pan-Pacific bullshit power play you’re trying to pull here, but Asia is my territory. So whatever you’re thinking, you’d better think again! Otherwise I’m gonna have to head down there and I will rain down an ungodly fucking firestorm upon you! You’re gonna have to call the fucking United Nations and get a fucking binding resolution to keep me from fucking destroying you. I am talking scorched-earth, motherfucker! I will massacre you! I will fuck you up! [hangs up] [to assistant] Can you find out who that was?”
Nice attempt to copy Rob Carl the Great.
My counter to your crime is a quote from one of the greatest movies of all time:
“Mr. Madison, what you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.”
If anything market sells of post Fed meeting than makes new highs (cocaine fueled) just in time for the 4th of July.
The Uber bullishness on this site makes me feel even better about my shorts. oh, and the Devil is all short.
Makes me feel great to. Short trappin’ punks Young Jeezy style, chu herd.
Kinda like the Teeter Hang-up. Being upside down can feel good.
But I am +32% for the year, so what type of logic does that make?
Le Fly,
I am aware of your current disdain for Apple, but any thoughts on nibbling pre-new-iPhone-chatter which will start this summer leading into its fall release?
I get the feeling that Cook will be extremely pressed to show the world something amazing with the new iPhone and early rumors could lure the institutions back into the name.
Thoughts?
immr usually ramps ahead of iphone launches, to see if apple licenses haptics
I just got long GS calls
Fly get in on OEX.
I’ll let you front run it before I invest millions because I am nice.
OEX & TNA=waking up in a new bugatti everyday this year.
no thanks.
Sold out of HOV. 30% cash now.
BKN – come get some
The pride, before the fall
Thanks fer listening
your mother is a prostitute.
…and she could work for me. 😀
CYTK on target to double …….. again.
AMBA has an earnings schedule that gives a three month window from here without any surprise.
No earnings announcement for AMBA until September