The market is selling off as many Chinese burrito and biotech bombshells apex. The last phase of any bull run is marked by the frothy surge in the offal of the market, the companies who promote their stocks to pump their share prices, so they can do secondaries. When you see those stocks run on their own, without the help of your local denizen of free steak lunches, you know the end is near.
Relax, don’t get too confuddled. The market will only disappoint for a short period of time, at which point you may reenter and celebrate decadence, once again. But before that happens, the tree of prosperity must be nourished with the blood and guts of the uninformed. The easy and new money must be stripped from its holder and tossed into the bonfires of agony.
In other words, go raise some cash.
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The Fly is God.
buy some gold/silver for the seasonal win
what’s your timeframe, big bad wolf?
depends, for now, i will hold as long as i’m winning ; )
jan, feb, march stats look impressive on certain stocks, check the PPT gold/silver seasonality
wurd up thanks a lot
anytime, i sense the gig may be up in march ish ? we’ll see how it plays out
good luck
I want the articulate black kid (fired from Wal-Mart for protesting low wages) who appeared on CNBC to be named US Secretary of Labor, or at least Assistant Secretary.
Trying to get Sharpton or JJ all up in your face? aka: the articulate black kid?
actually wasn’t that a Biden-ism from a few years ago?
Long weekend selling?
Where’s my burlap jacket…
Raised my own cash level to 50% into the bell http://ibankcoin.com/mr_cain_thaler/2014/01/17/raising-cash-to-50/
I agree boss, this looks weak for now.
Have a good weekend.
Talked to somebody who manages mutual fund …. apparently pension funds have been buying bonds for the past few weeks.
You should overlap the music onto a video of you doing a set of squats at the gym.
I asked about the FAZmobile in the last thread so, based on this thread, I guess we should fill the gas tank and warm up the engine.
After Hours with Option Addict is like a vaccine for broad market sell offs.
Sold EXK today +11.5% on the trade, but I had to experience several painful draw downs to get there, a la Fly Style.
Out in socal the radio is playing buy dot bomb commercials. “social media growth stock” “just like facebook”. Does the east coast got the same thing? The big news radio is running it.
Real Time is going down the rabbit hole. How does one go from libertarian to fascist with such ease? Colorado legalizes weed and that is not enough, even slightly.
Bill wants to destroy the entire coal industry. Along with every industry that affects global warming. Bill has gone full retard progressive. Could the market tank as the lefties fuck who pays the bills?
“Bill” the fuck WHO??
Maher is my guess.
Thanks.
BILL MAHER IS THE ENEMY. WEIGH INTO HIM.
Fly, what’s your $SPX target for the oncoming pullback?
Well the end is near may a bIt much. That being said, under no circumstances are equities about to rip 20%. So being up myself an ungodly amount from 2013 (60%) – it just makes plain sense to be in cash. My trading portfolio is over 90% cash. My permanent holdings – even those that are permanent holds -,e.g. I’ve got April Exxon covered calls for 100 at 3.4 – I am working. We will dip, may only be 5% but for god’s sake if u are not taking profits after this run. I like the chances for 2014- but bank some cash and don’t worry about the tax implications. We’ve had an unreal run. Bank it. Nothing to lose.