All of the youngsters are playing this bull run with reckless abandon; and that’s a good thing. I know it sounds cliche, but the older you get, the more you fear. Then we get so old that anything short of a coronary is child’s play, enabling us to display pseudo courage at the tender age of 90.
Some of us are just reckless, willing to lose everything just to make it big. This is the classic mistake that most of you penis holders make. If you don’t have an edge, don’t take the risk, pal. You have no business doing what I do, since I do it better, vis a vie years of hard fought experience.
I’ve been playing the stock market since I was 10 years old. Although I never turned birthday gifts into millions, I’ve managed to pull myself up from the dirt into the upper middle class. The upper class is now populated with people disconnected from the planet, totally insane, coked up or downed out.
But I’m not done yet.
I will use the talents that I have to finance the Orbital Space Cannon (OSC) programmes, meant to be used for offensive and authoritarian means only. Defense is for shoe shiners.
No, I am not afraid to buy at the highs because it’s only money. I’ve made and lost fortunes and will do so again. That’s the nature of the game. Play to win or don’t play at all.
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Looks like a pullback is on the horizon unless the Bernank get here first
You had to be the hero that posted about a pullback after the article was about getting long? What is wrong with you? I hope you get banned. You deserve it.
Go back to china
Thanks for the perspective. This post really resonated with me, and many other youngsters I’m sure
I noticed the P Pearlman reference in the title as well.
Good song!
IMMR is not at new highs. SELL
sell the shit out of it with your etrade account
just look at this chart of IMMR and tell me the game isn’t over. This was an all day sell off after stupid short covering. You are not a distinguished gentleman if you hold this POS.
https://www.google.com/finance?q=immr&hl=en&ei=N1UAUojzOpOXqwHGvwE
Squirrelly posters tonight.
Banned
Ja, ja, ja!
And your point is?
JOe Terranova says we rip higher:
http://www.cnbc.com/id/100939876
you know what that means
What is up with the fake tanner on CNBC lately? Or, is that too many weekends down at the Jersey Shore this summer (no Hamptons)?
The Shore is cool!!
Definitely, for you east coast types.
You are far more than upper middle class, Le Docteur … you are are more like lower upper class.
In either case, you are totally correct in that – “The upper class is now populated with people disconnected from the planet, totally insane, coked up or downed out.”
word
The US, population 300M or so out of 7B or so represents less than 5% of the world.
And where else in the world do you find “broke” fat people but the US?
If you are dividing classes into 3rds, even the poorest among the US are “upper class” relative to the world.
But if you just look at NY individually, there is a whole different “class” system where $1,000,000 ain’t nothing to those at the top.
u find broke fat people in Mexico
You have to be joking
Bloomberg, Regarding FRO:
Tanker-Rate Slump Signals Retreat in U.S. Oil Imports: Freight. The biggest slump in tanker rates since January is signaling weaker U.S. oil imports and spurring analysts to predict a 15-year low for shares of Frontline Ltd. (FRO), whose ships haul almost enough crude to meet daily world demand. Rates for the biggest crude carriers tumbled 68 percent in the past two weeks, more than reversing their advance since the end of June, according to Clarkson Plc. Earnings had risen after oil cargoes to the U.S., the second-biggest source of demand for supertankers, expanded for three months. Shares of Hamilton, Bermuda-based Frontline will plunge 43 percent in a year, the average of 13 analyst estimates compiled by Bloomberg showed.
I’m sure most people stopped reading your comment after it started with ‘Bloomberg’.
Recently, Fly had taken a position in FRO. I was hoping he would see the post and comment on it.
Le Fly been out of FRO for quite some time
Great song.
in all fairness, the SPX closed a monthy candle OUTSIDE the upper bollinger. stay frosty this month.
Worldwide, if your gross income exceeds $40K, you are considered in the top 3% of earners. Believe that… the world is doomed.
RBCN up on a down day…good sign…anyone with the sapphire play?
ouch for IMMR this morning…
Thanks Fly for the music video. I had not heard that duet by Cash/Dylan. Thanks.
All you kids that have only been investing in this range bound market since 1999 need to understand something – the market making new highs is more normal than it NOT making new highs. Look at a chart of the SPY from 1980-2000. Now THAT was a good time, and its coming again.