We haven’t been down more than 2% in March since 2001 and that was a very special situation, post 9/11. If we were going to trade down, it’d be in February. I gave it the old college try, went to cash, starting conducting black magic rituals at night under the full moon. I even sacrificed some livestock in honour of the stock gods. But nothing worked. This market is fruitier than Rock Hudson.
We’re going higher. And after we’re going higher, we’ll go up some more. We’ll keep repeating this process until the very last bear is shot dead in front of the NYSE.
Knowing that information, are you still angling for “lateral moves” into SPY puts or maybe a little FAZ?
So what the a whole bunch of bankers are committing suicide by shooting nail guns at their heads! That’s what happens when you get depressed.
What are we talking about here? Are we all drunk on stupid or what? There isn’t anything to fear. Earnings are moving quickly into the rear view mirror and the fantasy will soon takeover again. Mergers and acquisitions, FDA trials and rumors, lots of rumors.
I made a mistake when I got cautious. And I know you think that I am making another one right now, getting all boolish again near the highs. After all, The PPT flagged OS when the SPY was at $174. Where’s it trading today?
Follow the liquidity. There’s a raging river of depreciating Japanese Yen out there dying to wash ashore. Are you gonna take it? Are you man enough to take it?
The game is just getting started and March, mark my words, is going to be one for the ages.
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The Fly is God.
With laser precision the Fly is always disputing the gay thoughts and overall douche bag ideas running the pleb brain. God. Indeed.
Does coal have any link to natty prices anymore? Used to be a follow on trade when gas prices went up.
It should. The core issue is insolvency. Obama has seen to it that they fail, and they shall.
Apparently “Coal Miners Daughter” is not on the white house playlist. Will rethink what looks like a nice set up.
Obama is a solar man.
Not a political comment of an argument against philosophy or good intentions, but..
Despite the “slight problem” of stupidly low return on investment of solar in consumer residential applications, media, social forums and government promote it incessantly. This shows they truly do not care about the cash flow solvency of the public.
I care about the environment and all that stuff, but the usual proposition of solar and “green” upgrades is bordering on fraud.
Here, we have the fancy window promoters. They promise up to a ten percent reduction in energy cost. I suspect the whole house window package is easily five figures. Do the math. Spend $15,000 to save $30 a month?
They also promote a window warranty that covers not only you, but the next owner of the house. This is laughably insulting.
I think may people who finance this stuff with home equity loans will end up losing their homes.
Down the street someone mucked up a beautiful house with a rooftop array. A sign remains in the yard, promoting the vendor and the green house.
Suckers.
LED lights
Buy American MET coal, because, why not? Long WLT and calls. It’s a horrible play according to the analysts.
Dr. Fly, would you be annoyed if I harnessed the March winds and piloted your pirate ship ($BALT) to victory during the IBC Final Four Tournament? I like the chart.
Maybe we are due for a bad March?
Welcome to the table. Enjoy your complimentary line of cocaine. Pay us later.
Use this:
http://www.ise.com/market-data/isee-index/
Legitimate tea leaves for all of this. Helped nail the bottom of this ‘correction’. Says higher for now.
The Winter Olympics have destroyed the news flow. Creepy quiet even on the politics tv. Circus supreme rally.
The Ukrainians did not get the be veddy veddy quiet memo. Crazy white people are playing games in the snow. How dare they actually make news.
Any opinion or theory on the best way to play the natural gas erection that is going on right now? FTK?
In regards to the banker story two details jump off the page at me. Firstly, the man had to shoot himself 8 times with a nail gun before rendering the final blow and secondly, his house and car are representative of the poorest CEO in history.
was thinkin the same thing. but being in the trades, I say , shooting yourself with a nail gun to death is incredulous.
That banker who shot himself with the nail gun 8 times must have been one of the roofers putting down my shingles.
And as far as Rock Hudson being fruity, did anybody tell Doris Day?
Maybe not, but Jim Nabor’s sure knew. Surprise, surprise, surprise!
Retard, reporting for duty sir.