All of yesterday’s hard fought gains have been wiped out in the first twenty minutes of trade.
We were treated to a worse than expected PMI number and then an atrocious set of housing numbers. Apparently, the recovery in housing has taken a back seat to a FULL FLEDGED DEBACLE in housing. This is all very fine and dandy. As the world turns, a barrage of egg yolk pies splash me in the face.
For the sake of arguing with all of you, dare I say, buy the dip? Well, if you’re not gonna buy the dip, perhaps you can at least think about it? Or, if you don’t want to think about it, maybe you could just jot it down on a scrap of paper and leave it on your desk somewhere?
Naturally, the Dow and the S&P are barely lower because they don’t build houses or manufacture stuff. All of our homes are built by high growth tech and biotech companies, now’er days. YELP and FEYE are huge in the California housing market and might need to lay off some workers into this downtick. Also, the fine folks at DATA must be up in arms over the PMI miss. I am sure their factory line workers will not appreciate the pink slips to come.
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How did you get my picture?
Cheer up Cp’n, ye’ll be back from hell in no time:
https://www.youtube.com/watch?v=-dARgxn4jRg
We should all invest with Ackman
I’d like to invest all of my money in a fund that is run by Ackman’s corporate alliance, hostile takeover team.
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… apparently, your man Carl Icahn is okay with Ackman’s latest Allergan shenanigans !
FWIW
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Well, I guess that means we can expect more of this brand of shareholder activism.
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… seems likely !
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Some days Mr. Fly I wish you would recognize your true calling. When will you get bored with this stock market gong show?
I’d like to write a book one day, but a novel. It would have to be a most egregious subject and I haven’t been inspired to do one yet. Maybe when I’m an old man.
It would be an honor to own a first copy.
hunter s. thompson style.
Fly- you bought FEYE & YELP on the high again! I just hope you have the last laugh here, this is not looking very good Senior.
lol, imagine that
Yesterday were small adds. My last big add on YELP was sub 60. Let’s be fair.
What happened to the panic buying? I bet that wasn’t a Time Machine special. Bring back the old Fly, the one that’s in Romania, herding goats and such.
i love kenny powers.
With all due respect sir… i was looking to see your egg avatar to come back. That is you having the last laugh & i thought it was great!
Maybe the move to Jersey hasn’t been a good idea. The Staten Island Fly wouldn’t do revenge trading
Are you from S.I., Fly?
Me, Annadale/Hugenot, now LA
Hang in there , Fly. Pulling for you.
Fly do you also have 90% institutional customers that pay you 100k or 300k per year?
lol. Yes, as a matter of fact, I do.
to what? lose 20% in a flat market?
yes, to lose 20% in a flat market.
They must be retards but good for you.
Hey Fatso, yesterday you put the chances of the market being uprooted before next week at 0%. According to this guy, the chances are 100%. http://www.seeitmarket.com/meaningless-market-noise-pullback-signal-16047/
What is the SPY doing today?
Did you just call me fatso?
The last thing I am is fat. I can break your jaw into twenty pieces for saying less.
Keep eating, fatso.
You are a sick,demented person. I can tell by the way you piece your words together.
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… screen name “DEATH” !
Nuff Said …
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Do you think that gave it away?
I don’t really care how fat you eventually become, just do yourself a favor, chubs. Puke FEYE if it breaks 45. Chart is broken, the secondary is ridiculous and you know it, and if 45 doesn’t hold we’re going to the low 30s.
Glad to see all of the trolls back on the site. After 6 up days, I was worried you wouldn’t hold me accountable on the next down day.
well you do continue to buy stocks at higher levels than you are selling them, to be fair
CNBC airing tech bubble segment, so “you’re” probably fine. I personally hope they all go to zero as that would benefit me, but I don’t like seeing you lose. If I had to choose though, I’d have NQ at zero.
Who the fuck wants an iWatch???
Banking coin Bro. Up 14% YTD.
prove it
Lever up in NUGT for a trip to $55+ in the next month.
TZA prints 20+ in the next 2 months. Banking coin bro. This market is exhausted and the turds are floating to the top.
Troll sat alone on his seat of stone,
And munched and mumbled a bare old bone;
For many a year he had gnawed it near,
For meat was hard to come by.
more please
James, I think you should make it “mumbled and munched” instead. Maybe not though. Depends. A great poem though. Please keep writing. You are a budding talent.
https://www.youtube.com/watch?v=5ak917meUoo
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… in the words of 3 of the greatest philosophers of the last 100 years …
“If at first you don’t suck seeds … keep on suckin’ till you do “suck seeds” !!!
~ Moe, Larry & Curly ~
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… with that in mind, I’m considering another spin around the block in the FAZmobile !
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VROOOM … VROOOM !!!
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DONE !
LONG some FAZ ~ $20.15ish !
STOP @ $18.99 !
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Fly, how much do you think market direction will be affected by AAPL earnings/outlook?
Guess I shouldn’t have added to all my momos yesterday.
I bet Rick Santelli’s little pecker gets hard when he says disappointing home starts.
You know it.
How do you know it’s little? nohomo
The large gap between his front teeth indicates a small pecker, borderline “infantitus” (nohomo)
I see.
Rofl
Today is just retracement. We went up 3+% in the indexes.