All of the stocks that I was willing and able to buy yesterday and today (YY, WETF, DOV, MA, GALT, RPTP, just to name a few) have shot through the God damned roof. There isn’t anything cool about missing out on epic rallies. For the love of Sochi hotel accommodations, The PPT was screaming oversold earlier this week, the very algorithm that I created for the explicit purpose of helping me view the market objectively, yet I let my emotions cloud my judgement, and as such, I suck.
This isn’t a mea culpa, just an ordinary walk in the park with a man who’s rambling to himself.
Maybe I will crack next week, just before Janet Yellen throws saltine crackers at the market. Or, maybe I won’t. Maybe, just maybe, I’ll never invest again. This could be it, folks. “The Fly” may opt to quit investing and take up archery or maybe walk amongst the rocks of eastern Europe.
(BTW: I sold out of GOGO this morning out of sheer cowardice, locking in a 13% loss)
I have contractors in the house now, who need to be watched with very watchful eyes.
Signing off, disgustingly,
HORATIO CLAWHAMMER
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lol why sell GOGO now? I must have bought your shares this morning…
Oh, that’s easy. I didn’t want to lose money.
Ever see Rocky 3, the part when Rocky was scared on the beach, as his wife chastised him about Clubber Lang?
Yeah, that’s me.
She gave him thug motivation when he really needed it. We have to have fear or we crash the ferrari into the brickwall at 140mph but when fear controls too much we become the same car wreck at 0mph.
ok I am happy to take your money.
http://youtu.be/o7xCiXakVY8
THANKS FOR MAKING ME LAUGH TODAY, SPY—AT YOU & AT MYSELF! I needed that. =^.^=
You were getting far too into this “Bear” persona of yours which, I dare say, is where your soul truly lies.
you’ll get’em next time, scooter
That’s disgusting.
Saltined crackers.
Did you said , correction in jan and massive rally in feb couple weeks back?
Break off a piece of MCP for yourself…she’s about to blow
5% cash but nervous as hell.My recent purchase of $GOOG has worked out but
still down a bit for the year
wrong ticker its GOGO not GOOG.
This tapering thing will be going on for a while. The last 2 weeks is a template for what will happen each step of the way.
raise taxes? fuck that shit u retard
You sold GOGO? WTF are you thinking? You might as well be the helps help.
I sold gogo. Yes, I did it
I hate how certain everyone is that buying here is the right move. Maybe Horatio will be vindicated sooner than we think.
This.
Wouldn’t know much about the unchecked hedonism amongst the plebeian army, I fight my own battles.
http://www.youtube.com/watch?v=E6sn1m3VMmk
mofo super flies, they git quashed when when we ride on our enemees: http://www.youtube.com/watch?v=FGjyRjd1_jQ
Fly, the PPT has never let me down, what were you thinking?
VXX against the XIV has been a nice trade this week.
Closed my gigantic ES trade for a small fortune. Looking for a dip that is unlikely to come now.
1800 seems like a nice spot to close the day, now doesn’t it?
I missed the rally since October ’10 (lol)
Now 95% cash. Bought some weed shares on their second down day, fairly secular. Otherwise remain unconvinced the market doesn’t give it all back next week. But what the hell do I know. Meanwhile, entire watchlist keeps moving higher.
relax, have a sandwich and watch the help
Yeah I know how you feel. I sold my TSLA today at the opening. 🙁
just noticed the bear logos are gone from here.
Donkey tape. Is there ever gonna be a shakeout? Spy trades like a herd animal.
Stampede up the stairs out onto the roof then over the side sounds about right. Up we go.
Dr. Fly, the dips last year turned up fast, and this one did indeed look different, but then did the same damn thing.. The bag holders that are crowing now could just as easily be singing a true song of sorrow. ‘Mother Market’ is a female driver, and we’re all at her mercy.
I think you may be experiencing an evolutionary process. Once the young warlord, you’re now the older king. Quite simply, you’re now sitting atop a mountain of accomplishment, and have much more to lose. That changes the psychology of the game quite a bit. The beautiful thing is, if you merely closed 2014 up 10%, it would still be a tremendous dollar gain compared to the young ‘warlords’ 100%.
I think you’re getting to the point in life where it’s appropriate to ‘walk’, but it is going to take some getting used-to….
https://www.youtube.com/watch?v=8G_wH0jBAgU
like THIS and that above
The OA crew is making a great breakfast spread if you care to join, sir Fly.
sold GOGO…? insane in the memBRAIN: http://www.youtube.com/watch?feature=player_detailpage&v=RijB8wnJCN0
jump back on some of that GOGO…its not 2 late…http://www.youtube.com/watch?v=KZaz7OqyTHQ
technically speaking, gogo is a buy and a half as it bounces off the 62% retracement level.
Truth is, no one can predict the future, it’s all our own opinion and we trade accordingly. That’s the beautiful symmetry of the stock market world, there is none, and that is why every day in the market is different from the day before, almost always, somehow, the house wins, and our greatest wins are when we can beat the house and move on to the next opportunity. I’m long GOGO into earnings, made my bed at the close today.
Interesting amount of lefty talking heads came out of the hole today. Basically begging for more printing. Why?
600* Companies come out with earnings next week and you guys think this storm is over?
Likely see another plunge early
I’m looking to the 12th/13th too get back on track
$MDLZ looks good with 33.50’s going off for .30
or did America quit eating oreo’s and are abstaining from Maxwell House?
&RKUS chart looks good
$WFM nice rounded bottom
thats the 12th
13th looks interesting too
Just some ideas
I sold out of my last MGT yesterday, victim of stubbornness and gluttony. -41%. Now that I am in cash, it will surely bounce, go bankrupt, or dilute 75% in March, take your pick. First down, bears have the ball on the 30 yard line.
That’s why i always stuck with Ibancoin. For Fly’s hysterical rants.We’ve all been there. Cheers!
You gotta be in it to win it Fly. Long BBRY, TWTR, YHOO, QQQ leaps.
The preacher is 90% cash. The apathy is surprising.
*of the followers.