We round tripped from +280 to -150, back to break even, and then lower again. Am I supposed to participate in this charade? Am I to pretend that I have an edge in the intra-day machinations of this nonsense? Computers, generated by perverse algorithms, are whip-sawing this market to and fro. The only person (s) who can successfully win in this tape are either the degenerate day traders or long term investors.
This sort of tape is the death knell for swing traders, which, unfortunately, constitutes the majority of you.
When I sat down to write this blog, the market was up 5; but now it is down 46. It has a certain “throw in the towel already” tone to it and I fear many a momentum stock will be immediately relegated to the trash bin tomorrow morning.
Do you recall that tech rout, during March-May of last year? The market behaved similarly: gap ups were faded and any rally was met with gigantic sell orders.
Truth be told, I am becoming a bit paranoid around the lot of you. The timing by which some of my positions are declining suggests chicanery, which in turn has resulted in my wearing of the infamous ‘African Jungle mask’. I know who you are and endeavor to kill you. Do not think that my paranoia cripples me, for it provides me with the power of 10,000 suns. “The Fly” will never relent, or forgive, so just know that when you bet against me.
Speaking of which, GPRO is knifing lower due to Apple filing a patent for a high def camera. Really? Are you people out of your fucking minds?
Back to my ritual.
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If you come after me you will get punched. yea thats a warning.
Never bring a fist to a knife fight.
Your location is added to OSC`s destruction matrix
Who told you about the Destruction Matrix (DTX)?
Soon to be DTX.pk the way things are rolling.
GPRO, let the shorts enjoy their temporary wins! Apple wanted to make a smart watch and it took them 5 years or so to do it while everyone else rolled it out, upgraded it, upgraded it again and finally apple released it! Good luck with breaking GoPro`s back!
It’s a fad like SODA and CROX, it’ll have nice bounces but it’s done
Unless it’s a Mike Tyson in his prime fist! Speaking of, I have a bet on who the Fly liked as a WWF character back in the day. And it’s not Hulk Hogan!
Jimmy Superfly Snuka was my fav.
Wrong, sir. The answer is marsupials!
AAPL should just buy GPRO
I’m starting to get tired of AAPL should buy this, buy that… it’s annoying. AAPL shouldn’t have bought TSLA – AAPL isn’t a car or battery company. AAPL has so much money and brand value they can destroy GPRO at a cheaper price… GPRO worth $6.5Bn, plus a takeover premium, probably puts a purchase at $10 billion. You don’t think Apple can develop a better, more integrated product with its current hardware and software lineup for less than that? You’re out of your mind.
I am only buying long term investments at this point, trying to trade this market is pure gambling and it’s way more fun to do that at a casino.
I am dizzy. I don’t know which way to shake my head or hands. I GIVE UP! Got caught & IT IS UGLY!
Your tools and fists are of no use, I can win via hypnosis.
https://www.youtube.com/watch?v=ejQFkSFDpn8
The ultimate payoff in GoPro is the content generated by users. The content will be packaged as online and cable programming. Everyone will want to see their stupid face and lame skateboard tricks on the GoPro Network. There will be advertising and other revenue sources.
The ultimate payoff in GoPro is… ad revenue. What?
traderconfessions- isn’t that the point of YouTube?
GoPro has tens of thousands of content producers. Eventually the content will be organized and produced as programming. There is an insatiable demand for content. Just look what TruTV has done with idiotic closed circuit TV and video camera footage. GoPro can create its own network outside of You-Tube where it can sell advertising etc. Not saying it will be monster pay-off but it will create an additional revenue stream.
I think you said this may happen in a previous post, some big pockets starting to store oil on tankers.: http://link.reuters.com/rux73w a part of me says this must be close to the bottom, the other part says, sucker!
How I feel
https://www.youtube.com/watch?v=fQ7QfOby3Vs
$GPRO to 2x sales ..but, first, they must beat earnings, due to CEO shenanigans.
If you were ran over by a tractor trailer, I wouldn’t be sorry at all.
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… ah hem … “run” over !
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how most feel today http://gfycat.com/AntiqueVioletIndigowingedparrot
TSLA going down the drain. Big decrease in China demand.
To say today sucked would be the understatement of the year so far. Up 2.5% to down 1% on my main trading account today. Mothas.
Can someone please give the Bull case? There are no jobs. There is no demand for anything and QE is supposedly over.
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… I’m pretty sure Louis Rukeyser could make the “Bull Case” …
… but, he’s dead !
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… I’m pretty sure Joe Battipaglia could make the “Bull Case” …
… but, he’s dead !
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… I’m pretty sure Larry Kudlow could make the “Bull Case” …
… but, he’s dead !
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Kudlow’s dead right ???
😯
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Exactly!
People just want to sit around at home and type stuff on the internet.
As much as you love GPRO…last year all sorts of self aggrandizing homos were wearing their little douchy headcams on the ski hills….the NSA doesn’t surveil us as much as these wankers did….this year over the Christmas holidays, I saw exactly 3 of the things on the heads of the aforementioned homos….GPRO is on it’s way out.
UberFact: The guy on the front page, Greg Hildreth, had a cameo in Wall Street 2
It’s a bear market you know… nice and oily.