I am back in the north, where the wind is cold and the people are smart. Ninety percent of the people who live in Princeton are somewhat intelligent, as opposed to 90% of the folks in Richmond, who are in fact drunk–including children.
I did, however, enjoy my stay at Fredericksburg. I did all of the usual tourist stuff and was fascinated by the rich history that is preserved in that town. I highly recommend it for anyone who is interested in going on a road trip down south.
If in fact you ever stay in Richmond, be sure to steer very clear of The Westin hotel. It is a 100% hovel, this is easily bested by the very clean and accommodative Hampton Inn. When it comes to hotels, “The Fly” doesn’t aim for the most luxurious, but the cleanest–analyzed closely by the reviews left on Tripadvisor.com. If, by chance, there is a 4 star, highly rated hotel, in the city I am staying in, then I will book it. Otherwise, it’s Hampton Inn all the way– or a top notch bed and breakfast.
I see the market sucked this week. I’ve been out of the loop, so why don’t you fill me in on why the market fell?
All opinions are welcomed.
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Icahn is now using twitter to his benefit. Yellen and Summers are the new clams. The Egyptians are still fighting. ChessNwine is still the best blogger on IBC. Scott still santa a crash.
Blame it all on Fuckbook.
The market sucked because Fly was out of town. There was no leadership.
I remembered it sucked when he was in California too. So for me to get a Bear Market, I just need Fly to stay on Vacation
🙂
Clams are out of Juice, 2.83% on the 10 year…1600 Is next stop down.
10 yr rates have doubled from July 2012 and look what the market did.
BoJ got in the way of an earlier sell off. Arrows are gone, BoE ain’t doing anything, ECB has German Con Law Court, China isn’t adding, FOMC is tapering…we are going down.
3 of 5 finished and this is a deep 4 to flush weak bulls out before a 5th to new highs.
Fly as Egypt falls into a decade long civil war FRO will explode and you know it!!!
you did not miss anything.
Other than more sellers, the market is going down because rates are moving higher, in fact, much higher than any of us had expected. Yields nearing 3% will slow just about everything, especially the housing market. So, we have a re-set going on of where GDP growth will be compared to what what was expected.
Lovely picture of a ceiling. As long as the clam pulls $80B/mo out of his pants this pullback is temporary. Looking to buy shit soon.
kenmore house, G Washington’s sister, Fredericksburg.
Tripadvisor comments are often stuffed by boiler room fake aliases much the same way as hooligan stock message boards. Watch out for overembellished usage of glowing adjectives.
not true
That is a beautiful room. Interesting to ponder what it is like below. Logically it would be understated, simple and clean. Then again my girlfriend is an architect and God forbid I should have ANY say in how things are arranged around here. If I do it, it is clutter, if she does it, it is decoration. Funny how that works.
From back seat of Fly’s rented Impala
“Daddy the the Civil War is BORING ”
We wanna go to DIS
Stocks are expensive and cash is trash
It’s not healthy to go up in a straight line so some sideways to down action is good.
Keep buying stocks at alltime highs clown
I will.
BANNED
I asked the Fly two weeks ago if we were about to get NO PUSSY. Well…that’s what happened.
The markets are going down because no sacrifices were made to the Gods (old and new). No sacrifices were made because nobody works in August and when you neglect the Gods (old and new) they get upset.
The Westin in downtown Richmond is the biggest pit I have ever stayed in, Fredericksburg is great , but what you misssed was 45 minutes away from Richmond, Williamsbur, where 90% of the poeple are intelligent and the history is magnificent, I encourgae you to go there!
Interesting note: Woodshedder knows the manager of the Westin. Apparently, Woodshedder keeps very bad friends.
Yes I do, and I have informed him of the condition of his hotel. Good friends. Although I have never stayed there.
There wasn’t even shampoo in the shower!
I was at Busch Gardens with the kids.
what a piker vacation
Do it for kids
that’s a single man comment for sure
get diversified Z , YELP, WLT,CORN, ONVO
A very wise cotton broker from Richmond told me: “the market will top out when it stops going up”, Housing revealed itself as a mirage and the managers aren’t sure if Obama is lying while on his ill-deserved vacation. Anything one says on vacation is suspect. Right?
Market went down because I (a.k.a. Average Joe) went long 50% after being on the side line for the past few months.
Why the fuck would you go to Richmond…because it was driving distance?
Busch gardens
Busch Gardens?
I think it’s time you brought the family back to Disney and Universal.
I was there a 4 times. I’ve never been to Busch
Le Fly,
What do you make of Icahn / AAPL?
What are the chances he’ll try to go “full William Wallace,” one last conquest to top them all?
Cook is in trouble.
The bond market. Ben opened his mouth in June and now no one wants to be long bonds when they are historically way over-valued relative to the mean. No one wants to be the last man out.
Any interest in BX or AGN ?
BX
Mr Fly, what’s with the pressed and moulded ceilings again?
The market went down because I inadvertently got the flush handle caught on my trousers and when I bent over.
Might I suggest Charleston, savannah, grandfather moutain, or ashville next time you come south all far better than Richmond. I promise that town does no service to what the whole south is like. Williamsburg is nice and Destin Florida is good to
george soros,
Richmond is the hole of the South as I live in Savannah. Couldn’t agree more with Charleston/Savannah/Asheville. Last time I saw Richmond it was from 95 and the whole city was underwater. We went strait up to Annapolis for a sailboat show on the harbor. FLY are rates going to keep rising like helium or have we done enough so far this year? Small Caps and Regional Banks look to be holding the line best against a rocketing 10/30 yr. Utilities and MREITS look god awful.
Really want to buy $NLY
but those lower lows .
Cheers
Bond yields went up.
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