Bet against “The Fly”, you lose the portfolio, house, cars, golf clubs and the kids. Life is about to foreclose on you. Markets want higher, not because the economy is great. No one gives a shit about the economy. Markets want higher because liquidity dictates it.
I finished the day +1.52%, straight bowling balling on you mother-llamas. My positions are somewhat subdued, all spread out, no one position more than 7% of assets.
All of my positions are listed inside Exodus, which by the way, absolutely nailed the market’s oversold ranges these past few months. If you’re not a member due to frugality, you’re doing yourself a grave injustice. Invest in your business and stop being a piker.
I cannot say if markets will soar again tomorrow. All I know is what I’ve been told (urinal shadow): the Nasdaq will increase by 10% in absolute value during the month of October, at which time Le Fly will sideline himself and prepare to stuff his face with gratuitous amounts of turkey.
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jumpman jumpman jumpman
Enjoy triple digit dow while you can
This is the EYE
of the storm
With all due respect, you’ve been saying that for years. Do not discount the ability of those in charge prolonging their stay.
OK man, why do you get Bluestar post on your blog? He’s scaring the bejesus out of me.
Blue is great. He gives the other side of the story. More information is always better than less.
Blue Star is da man for Show Time & Sloop & the other End Times from the Bible folks.
Then we have the Devil for the other side of things. The God-fearing people are bearish & the non-fearing Devil is bullish, LOL. Keeps things interesting.
Dr, you may know I would recognize the periphery of that statement. ‘those in charge prolonging their stay’ Actually is pretty loaded.
aside:
to the room:
but still quietly like an aside:
Being wrong didn’t matter anymore. We know the level of control of the game. It’s about maintaining endgame stance. You arses get back to work
all about the coming QE
EYE OF THE STORRRRRRRMMMMMM
(James Cameron King of the world style)
It’s invaluable to hear both sides in real time. Unless, of course, you are without an opinion and are looking to adopt the opinion of another.
Seconded. I don’t come here to have my prejudices pandered to, I come here to have them torn apart. I need bulls and bears to do that.
Props to you, Fly, and BlueStar for calling it as you respectively see it, not as anyone might think would get moar clicks. Nobody writing here is doing it for the clicks.
Whoa urinal shadows are back. It feels like it has been years. They know best…
There have been five oversold and one overbought signal in the past dozen trading sessions. I think there will be ample opportunities to be right on either side in coming weeks.
Re implementing hedges,
Time for The Devil to make his return
Any future Exodus oversold readings between now and say…December 15th are a buy.
bears are hanging on to their shorts. my son steve is a millenial and therefore a bear. he knows better and is always right. he sucks at baseball and yet has countless baseball trophies. we made a bet on the oct 30th closing level of spx. have fun doing tons of chores steve, you son of a bitch.
Here are the End Times in wikipedia
https://en.wikipedia.org/wiki/End_time
There isn’t anything about bunkers though. You just believe in the correct religion, apparently, & you get saved that way. No bunker needed.
Well, it’s just a made up story. So you can tell it any way you want– bunkers or no bunkers.
I keep thinking of the wonderful book:
Sapiens: A Brief History of HumankindFeb 10, 2015
by Yuval Noah Harari. Best book I’ve read in ages.
Says that the human population exploded into large groups banded together, when our brains became big enough to create complex fiction, e.g. religions.
Religious fictions made it possible for us to trust one another & bond together in large groups, because we all believed in the same Guy in the Sky & corresponding Creation Story. Makes a lot of sense to me.
http://www.amazon.com/s/ref=nb_sb_ss_i_2_7?url=search-alias%3Dstripbooks&field-keywords=sapiens+a+brief+history+of+humankind&sprefix=Sapiens%2Cstripbooks%2C269
That ad “Your favorite stock: See if it is a buy, sell or hold opportunity.” that sits right under your name and looks like part of your editorial. Is it a random ad or did you put it there?
http://adclick.g.doubleclick.net/aclk%253Fsa%253DL%2526ai%253DB5Ns1SgYWVtK2Oc_L-QPsibDAAqPN1PgHAAAAEAEg4_LKHzgAWKunxofwAWD9mPuAzAOyAQ1pYmFua2NvaW4uY29tugEJZ2ZwX2ltYWdlyAEJ2gFMaHR0cDovL2liYW5rY29pbi5jb20vZmx5YmxvZy8yMDE1LzEwLzA3L2Rlc3RpbnktbWFuaWZlc3RlZC1tYXJrZXRzLXNvYXItMTIxL8ACAuACAOoCKC81MjA2L2ludmMuaWJhbmtjb2luL2VxdWl0aWVzX2NvbW1lbnRhcnn4AvLRHpADrAKYA-ADqAMB0ASQTuAEAZAGAaAGINgHAA%2526num%253D0%2526cid%253D5GgBUtlY0Bv8v-Z_0kZ935jI%2526sig%253DAOD64_3Wx3FcZnIS776xm4XihKeVMsQmBg%2526client%253Dca-pub-5649894889537718%2526adurl%253Dhttp://ad.doubleclick.net/ddm/clk/287732878;114660578;z