If you’re heavily short the market, don’t comment on this thread. Don’t do it to yourself.
Instead of reupping your bullshit QID positions, go walk your dog or play with electricity, via sticking a butter knife in your local socket.
While it’s true, I feel somewhat fucktarded being long FXP in this “reverse shit storm;” I still hold my core positions.
For the most part, the only real selling I did was dumping most of my beleaguered XFML position— and a little BWLD. With the proceeds, I have been nibbling at VMW.
The way I figure, when markets correct, it makes sense to dump your shitbag stocks for distressed quality names, like VMW, HANS or FMCN.
Now, I will sit back and watch my bearish friends melt like cheap K-mart candles, while I sloppily guzzling Monster Energy Soda.
I will not sell my FXP position.
Also, the price of oil is not sustainable, at these levels. If I had bigger balls, I’d go long DCR, which is an inverse play on the price of crude.
Finally, if you’re long: enjoy today’s run. If you’re short: fuck you, you’re dead.
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I’m waiting for the DD post:
SOLD HOUSE TO COVER QID.
Where are all the fucking bears that bought thousands of QID yesterday? Fucking cockroaches probably went back into hiding today.
MVIS is still shit on a day today. Its like a turd that does nothing but sink.
This bag of bear claws is getting mighty heavy.
I will buy consider buying more Q puts today, depending on the market action going into the close.
I’m curious what the Fed will say.
Don’t ignore history folks. Keep telling yourselves that this time it will be different.
New Equity, pay attention or at least have another cup of coffee. Devil’s been here all morning, buying more QID.
As Fly says, at least he discloses his positions.
My short trades are crapping the shower, but they haven’t hit my stops yet, so…..
Recent history tells you not to short into a Fed rate cut, shed.
To DEVILDOG and JJ :
How does it feel to have your balls in a vice?
Steve, are we higher or lower than the last rate cut?
Steve:
Rate cuts mean the economy is hurting.
In other words, watch the economy and not the Fed.
Anyone want to venture a guess on how many days til this gap is filled? I say it is filled by Dec. 6th.
Stay tuned. You bulls see a BULLSHIT rally off of nothing(except some douchebag fedhead tribble and terrible housing and durable goods reports-get a clue? and I see an abandoned bull ready to get killed tomorrow with high unemployment claims. I don’t care what the FED does with rates as we will have a DEPRESSION and the market will crash. Thanks for the low priced QIDs. Can I have some more please? BOUGHT 12000 QID @ 38.90.
The underlying buying is getting stronger, but the bonds are holding and have not broken the up trend, which could mean trouble This day looks good to hold and go higher to me.
Fly:
I am watching the economy. That’s why I’ve been long and strong. You know that certain sectors of the economy are expanding, right?
I personally don’t want to see the Fed cut rates. But shorting into the rate cuts is just plain foolish. Don’t pull a DD people.
Fly-
The Fed is cutting rates because the credit markets are hurting, the economy is exporting like mad. Watch 3rd Q GDP revision on Thurs up from 3.9% probably closer to 4.5%. The short monkey’s can talk about rear view mirror indicator until they drive into a brick wall.
DD — I dunno about Depression. That takes more than an economic downturn. That would take a lot of extra stupid government idiocy as well.
Like closing the trade lanes and increasing taxes.
Now, I realize that that is actually what is on the Democrat agenda (ie, anti-NAFTA, raising taxes), but I don’t think even they are that stupid, given the current economic conditions.
DD you are lying, you didn’t drop $400k today and $400k yesterday on the QID while posting every 10 minutes. You fucks need to take your bullshit somewhere like YMB or prove it.
in 94 and 95 you had 2 quaters of flat gdp growth while the fed was easing. we know what happened from 95-2000. valuation is cheaper today by any measure than 94-95
the Santa Kass rally has arrived
lets all give thanks: longs for getting bailed out; shorts for getting better prices to short
I do love when my trust fund goes up…I just feel richer
Chivas, look at a chart of 1994.
BTW, notice my NSR SHORT is down 1%. BOUGHT 30000 QID @ 38.48.
This is the Trading Goddess bounce.
No, I am talking about stocks bouncing.
Convenient that you had all this cash laying around to average down with DD.
newequity:
Just a couple of drops out of the bucket. You must be an average joe blow to think $800K is a lot of $$$s. As far as posting here…it’s fun and I’m bored besides being a racist.
Woodshedder, you’ve always been a retarded bull, now you’re just another retarded bear.
BOUGHT 50000 QID @ 38.30.
Okay folks, the irony: The Fed needs to cut because the market is in the shitter. Now the market is rallying because the fed will cut.
Isn’t that mutally exclusive?
FD: Just added 2 Jan52s QQQQ Puts.
^mutually
Thanks Fuzzy!
Wood, take a look at that STP chart… is that a quadruple top??
At least I know where to set my stops… lol.
Bought 100000 QLD at 103.
Fryster : Now would be a nice time to give us your list of shorts ….. prease
plitty prease
bought a billion SRS
wood top jan or feb at 4000, bottom april 3500 failing rally to october 3900 bottom nov or dec at 3500. declines held at 10 -12% then took off and never looked back. first quater gdp of 95 was flat. again valuation a lot more attractive today.
wood, please look at a ten yr chart of len. looks to me that it hit its head and shoulder target at 14. am i looking at this thing right?
Keep it coming fellas! My turn again tomorrow.
Devildog:
Once again, you are a dumbass!!! I tried to tell you yesterday!!!
Wahawk wins!!! One of many to come. Early trip to the burbon bar to celebrate.
Chivas- I concur on Len.
Hawk–
Bourbon has two “o’s.”
Blasphemer.
wood, thanks a lot
The disgustingly repulsive terms of the Citi deal sent a message they are in trouble.
The next day (today), the vice Chairman of the FED essentially told the world he heard Citi’s message loud and clear.
Being short when stocktards sense FED rate cuts are certain is the equivalent of financial suicide. Not until the stocktards realize the cuts won’t be effective will it be safe to short again.
As I sit here letting my profits run, I am thinking which movie out there in movieland best describes the life of individual traders. Without a doubt it is The Hustler, which I saw last night. Fast Eddie is the youthful inexperienced trader that has a winning system but no discipline. “Fats” is the experienced trader that has been around the block a time or two and has his routine set (washing and powdering his hands, nice attire, etc.), Bert is Fast Eddies conscience telling him to get discipline into his trading game or continue being a loser regardless of the system he is using. And Pier Laurie is the whore that every trader has on the side. Wonderful story.
Just crossing the wire….hear the new name will be “Chicks with Dicks”. The acquisition will help Dicks grow.
Scott Rothbort
Sporting Goods Action
11/28/2007 10:36 AM EST
Earlier this week, Dick’s Sporting Goods (DKS) acquired a small competitor, Chick’s Sporting Goods for $40 million plus assumption of $31 million in debt. The deal will be marginally accretive to DKS in 2008. What makes this acquisition so important for DKS is that the company has now gained a foothold in the Southern California market and done so in a very cheap manner. While the residential real estate market in that section of the country is weak, the commercial market is another story. This acquisition allows DKS the luxury of having established locations and not having to pay up for real estate or pricey leases. My West Coast sources tell me that Chick’s is more Dick’s-like in appearance and product offerings. DKS has been conspicuously absent from the California market and may have benefited from such an absence in the last year. Now, by getting into that market on the cheap and at a low point for retail in general DKS now is clearly prepared to opportunistically stretch from coast to coast. Position: DKS – long stock
DevilDog just bought another 1000000000000000000 QID, market order.
Wild, you blew your wad in the comments section you retard.
That post deserves the Peanut Gallery! Register and post!
Yeah, that Citi deal was ‘sposed to take everything to zero.
Odd, no?
That Fed dove Kohn saved the rally.
Alvari —
“Cincinnati Kid” is another good one in that vein.
Just finished watching the Bullit chase sceen on AMC. Think I’ll head out to TMSR and run my Venom 650R. BTW, my NSR SHORT down 1.87%…things that make you go hmmmmmmmmmmmm! Fed rate cut…who cares…LOL!
That movie is gay.
Go fuck your muffler.
DD — why the hard on for NSR, specifically?
btw, your QID long is down 5.4% or $40000 in losses for your paper trading account.
long another 100000 QLD at market.
Market turned when I went bearish on Devil Dog. Fucktardt racist…
Fly,
Do not short oil until the dollar has found it’s bottom…
JC
Fly, you going to talk to MVIS Investor Relations?
Make sure there is no dongle hanging off the display engine…
Margin call on DEVIL DOG for his 100 shares of QID
XFML, shitbag stock. Market cornholed him for sure on that one. What happened to “this is a 2008, Olympic play? Must be the ole John Kerry flip flopper play. hehe