I’m going to play devils advocate for a “v-shaped recovery,” albeit only on the internets.
Look you, the short interest ratio’s are through the roof. Everyone from NYC to Kalamazoo is buying inverse ETF’s, hoping for swift, yet certain, armageddon.
Let’s consider a few things:
-Banks will likely write off whatever they can, from now until 12/31/07, in order to preserve their PE ratio’s for 2008, if possible.
-Many stocks are way oversold and are due for a bounce.
-Greasy turkey leg day is near, typically a great time to be long.
-For the most part, the economy is doing well.
In short, there is a very good chance we will never go below 13,000 DOW, ever– providing the bulls man up and put the hot blade to the shorts.
As you already know, “The Fly” is not calling for a “v-shaped recovery” yet. However, it’s worth mentioning, betting against highly caffeinated, well tanned, bulls has been of heck of a bad bet, consistently, over the past 5 years.
NOTE: With oil tanking, stocks have a catalyst to run, especially retail.
NOTE II: I feel tomorrow is a key day for the near term direction of the market. Should the bulls mount another rally, the shorts are indeed dead.
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good time to grab some FXP(down $13) to hedge.
Fuck you.
Can you say Dow +400 for the day?
Whatsup with DUG? Oil down 3.70, yet DUG down 0.12
This should be flying higher.
I dont know about all that v-shaped shit but bulls do need to MAN THE FUCK UP! Im bored as hell and down to 3 sips of Bushmills,fucking shorts……….fucking hate you.
I don’t know about + 400 dow. I was watching the dow closely all day. It took 4 tries break yesterdays high, the final one being on a pullback run up. I’ll be happy as long as be stay above 13,170.
Dow will be up 700, by the close.
Odd no?
Cramer says 3 day rally and then sell… he’s always right.
-DT
I’d like to point out that the 3 cocksuckers, AAPL, GOOG, and RIMM, have not made new highs since around noon.
Your point?
Wow Wood, that was gay.
We need to see this before the market bottoms
http://www.youtube.com/watch?v=SWksEJQEYVU
WildW:
DUG corresponds to twice the inverse of the Dow Jones US Oil & Gas Index. Thus, it is heavily weighted towards large cap oil stocks, namely XOM, CVX, and COP. As they are in fact up on the day, your “mystery” has been solved.
Oh, okay, a point.
I expected with the Nasdaq powering forward to see those 3 also near the HOD. I’m just looking for any signs of strength or weakness, or divergence.
Actually, right after I wrote that, RIMM jumped up.
Capital,
I heard Greenspan say something recently called “Irrational Exuberance” – isn’t that funny!? Have you heard that before? Wow – get with the CURRENT program buddy.
More coffee~!!!!!@#(!@(#@
(You are posting comments too quickly. Slow down.)
vmi is very gay acting. wtf is up with it am I missing something? profit taking?
“Capital,
I heard Greenspan say something recently called “Irrational Exuberance†– isn’t that funny!? Have you heard that before? Wow – get with the CURRENT program buddy.”
WTF is that s’posed to mean ? I post a link to a Youtube video of Cramer going bananas asking for a rate cut and I’m being accused of ‘irrational exuberence’ ?
And ETrade ETFC breaks above $5. Can you say 40%+ gain in 24 hours.
Nevermind those pesky pending home sales…
Boy, the street liked that news!
EMC really looks good here.
If the cubes keep “candling” my balls like this, I won’t have to see that urologist about that vasectomy.
Options expiration week never fails to go the other way of the herd.
Just the other day, the VIX was over 30. All of those shorts and long hedgers purchasing puts to profit and protect from the downside.
Then comes Options Expiration comes along to erode the value of those puts.
That’s the beauty of the market.
Anybody lightening up here?
Fly,
I might ponder buying some of your gay apparel if it were cheaper. I still probably would not buy it but are you pretending your Armani or something? wtf.
With oil tanking and shorts squeezed, anyone buying JBLU here?
FLY: You still have a position in TBL? …. CRI or GYMB?
Razor, it is a beautiful symmetry. Once I find my way to the right side of it, it will be even better!
Tony:
I got a $10 mark up on all the low end shit. As you know, the whole clothing scheme was Wood’s idea.
I’ll lower the prices. No big fucking deal.
Still long TBL and GYMB–retard style.
Thinking about selling something.
Fuck you, shorts.
Fly, if these pikers can’t afford this slice of American cultism, fuck em. I say you raise prices.
Wood,
Your mother reeks of Bukkake.
BUY MY GEAR!!!
Tony, I’m not the one complaining about spending fricking 20 bucks.
Quit accepting those collect calls from your Daddy in prison and you’ll scrape up enough for a t-shirt real soon.
Wood,
Just an opinion… If the shirts were dropped by 5-8 bucks, fly may see an increase in sales. If they are selling fine as is then great.
My mother calls me collect as well.
Tony– Wow…. I never stop learning.
Broker –
Don’t go all corporate on us and lose your edge.
If your past self time-traveled to the present and saw this hat for sale on your site, you’d kick your own ass.
http://www.cafepress.com/ibank.181373926
Hey, considering my current sales are at zero, I think Tony is correct.
Odd no?
Razor:
A few things:
In real life, “The Fly” is a corporate guy, albeit a little jumpy.
All of the “gear” is a fucking joke.
You don’t think I take this shit serious, do you?
Can someone please fucking tell me why something so under-fucking-valued as AFSI keeps going the fuck down?
It’s growing like a pronstars dick!!
http://tinyurl.com/2ql3y4
Shorted TA this morning. Haven’t covered yet. Still plenty of stocks getting flushed daily.
Odd no?
Tony, good enough. Seems as if you are right anyway. I guess since the clothing was “wood’s idea,” I guess I’m gonna have to talk to The Fly about my cut.
Clothing sales are expected to be 50% of Fly’s revenue.
“You don’t think I take this shit serious, do you?”
Of course not, but that hat is so bad, it begs to be ridiculed.
Instead of “ibankcoin.com” on the front of the hat, it should say something like “ASS hat” with a picture of Herb Greenberg, a burnt piece of toast, or Bob Pasani.
Now that is building your brand.
Fuck this retail shit Fly. You need to keep up with times. Americans are broke. They need money. Start a loan shark business on the side. You know, like lending money starting at 10% interest per week. People don’t pay up, you can melt them with a laser beam ( or show up unannounced at their home with Tony, Frank and a baseball bat). I’m sure you can average better than a 40% return per year.
Razor–that is good
I’m in for an ASS HAT
Get on it Money Skater.
The market will give this all back tomorrow. Watch and learn, fuckers.
Juju bear –
You will be our Sad Sack Shorty Bitch from here on out. We needed a whipping boy and it looks like we found it. You, my friend, are the wall-o-worry that we have been looking for. We will climb you and pummel you to a dusty pulp that will blow away in the wind. Think I am rude and crel? Naw, just like any other big balled bull I am feeling rejuvinated and will roar to life over the next couple of weeks. We will leave you wondering why you peed your pants.
Yeah, yeah, I was too excited to spell check. Get on with your life.
You thought MVIS was gay?
VMI is the Chief Lilter and official Queer Baton Twirler in the San Franciso gay pride parade. down .50 on 300+ dow day. WTF?
Alv40
The market shit is bigger than your bullish hopes. We’re going down again, torreador fucker.
Fuck your shit Fly you suck dog balls
you turgid pricks should go to facebook if you want social networking
stick to the salient points or fuck off you self-agrandizing morons
Maybe I should have used caps to insure you get the point. I like the potential for your site, but can’t be bothered with wasting time reading useless posts…