Europe is up 1.5% across the board. I expect Santa Claus will drop a few nu-ku-lar bombs out his sled today, mainly on the bearshitters.
For the most part, “The Fly” has been very busy “getting organized,” trying to figure this asshattery (market) out.
It’s been “mental hospital tough,” being an investor in this market. Therefore, I will make sure my next move is done with precision, as opposed to sloppy buys or sells based upon the symmetry of lines and dots—all derived from a fucking ruler (technical analysis).
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TA is for pussies. Just hit the “buy” button when you get that tingly feeling deep down inside.
Hey Fly — is this a pic of you here to the right? “The Penny Stock Professional?”
Looks like Ron Weasely is finally all grown up.
corporate insiders are buying at the highest rate in the last 4 years according scott gambill at emergent financial. that combined with the massive oversold, negative end of world sentiment and a fed that will continue to ease seams to make a case that either we have seen the lows with more backing and filling to occur or that the august lows will hold.
I am sitting here, wearing six inch thick cotton batting that’s been soaked with kerosene.
Two paces from me stand a gathering of six year old boys that have breakfasted on Frosted Sugar Bombs and Chocolate Milk.
The moderator is handing them lit “Spirit o’ 76” sparklers.
But for some reason I’m not uncomfortable.
Odd.
No?
Jake, sounds like you’re in a difficult spot.
I called the shit out of that bottom yesterday. My site is now subscription based. $1000 per month.
The thing is, the futures are gapping too much. A potential rate cut won’t save us. We’ll take this rally into December 11th potentially, but after that, all bets are off once again.
-DT
Lets not get all giddy.
Durable goods dropped greater than expectations.
Let that Fed fucker Jawbone all he wants to. There are 8 other votes to be had.
The dynamite car just got a little closer to the sun.
“I called the shit out of that bottom yesterday. My site is now subscription based. $1000 per month.”
Public school at its finest.
Dino, I’m not sure we’ve got a bottom.
Let’s not get too hasty.
Time to be “Entish.”
We’re all gonna get laid today!
“Time to be “Entish.â€
lol
“We’re all gonna get laid today!”
That bumps the subscription rate up, to $2000 per day. My site will shortly be renamed, Dinosaur Trader and Whores.
-DT
Jake,
A temporary bottom… could last a week or two. I still think we’re ultimately headed lower. See September… when they cut rates, everyone freaked out and the market rallied (on low volume) but then turned tail again. I’m just saying it’s not a good place to be short again for the next short while.
-DT
No question they’re putting the yen carry trade back on, the bastids.
Buck up almost a full yen as of right now.
Dino,
Prolly right, but I’m gonna leave some of my hedges on, nevertheless.
Beartards.
“figure it out”
let’s see, you sold out most of your shit on one of the worst days of the year — a day before 2 back to back huge rallies…
Perhaps the purpose of your life is simply to serve as a warning for others…
Here’s 10 cents of free advice: If you had had a written trading plan on your desk like I do, you wouldn’t be in this situation. But you probably won’t because you like doing things “your way”.
Let me know what your “all-in” so I can rebuy the inverse ETFs.
Where’s gramps and his Dow Theory book? I’m gonna kick that fucker down a flight a stairs today.
DevilDog is must be loving his QID positions this morning. Nice call fuckwit.
Steve, easy greasy. Dow Theory could care less what the index does once the signal is given.
One thing about those old fuckers is they are patient…
Sorry woody, too much coffee I guess.
“let’s see, you sold out most of your shit on one of the worst days of the year — a day before 2 back to back huge rallies…”
Who said that?
Did I say that?
No I did not, fuckface.
I sold most of my XFML position, which is less than 3% of my holdings.
Fuck off.
He’ll save the children, but not the British children…
He’ll save the children, but not the British children…
He’ll save the children, but not the British children…
Its okay Steve…all in a good morning’s fun..
FLY how do we like our baby bear meat…crisp?
Wood, don’t chew you leg off, the trap dosn’t hurt after a while, just lay down and close your eyes.
The NQ’s look the best at this point. It will be great if this thing holds today. Away we go …
This is odd… Hey Fly, did you notice that the LAZy fucker was getting deflowered this morning?
Don’t see any news…
Fuck LAZ.
The bears will be flamed broiled if the S&P can close above 1440 and the Dow above 13,150. Ever notice how the markets and the Yen trade in tandum. Seems like the new level for Yen carry trade is 108 and beleow.
BOUGHT 15,000 QID @ 39.42.
Balls out, DD.
I think we need a cage match between he and Frosty the Blowman.
Devildog,
Do you have a robot brother named JJ?
-DT
At least the racist (Devil Dog) mans up and discloses.
Fly Capitulation Bottom?
So does VMI fall under one of those downgrades of Goldman Sachs?
FUCK THE TERRORIST BEARSHITTERS!
-DT
Fly,
As you gain more experience, you will soon realize that adding a “flip of a coin” in addition to the ruler for stock selection will make you richer than your wildest gay dreams.
BOUGHT 7000 QID @ 39.27.
Yeah, I notice the Blowman talks a good game… post market close.
(Shockingly, he was short in October!)
BOUGHT 5000 QID @ 39.23.
DD what Yahoo MB did you crawl out of?
The buying on this rally is positive, but not excessive. Lately the open gets faded quickly, but today this is not the case. I think the S&P closes above 1455. I’m long 10 x ES mini @ 1442 and 8 x Emini Russell @ 753.
Man, I feel like blowing out of my entire position of MVIS. That is the worst acting charade of a stock since NTRI.
DD.
How does my size 12 footjoy with softspikes feel?
http://www.youtube.com/watch?v=yPudiBR15mk
Calling DD a racist on this site is funny. I suspect a .5 cut on 12/11– market likey.
I say we rally 5% across the board until 12/31. All the sharks can salvage the year.
I heard Bilderberg took off in the family lear jet–went to
Thailand until Holidays are over.
Jake that was a great pick of Shnockley with two 10’s on each arm. For some reason I can’t figure out how to do the link thingy here on WordPress.
KC — may be that the pic was taken down… link html is the same here as on blogger, as far as I’ve seen.
Frosty, I’m more long than short.
You’re gonna get yours. Patience, dear boy.
BOUGHT 5000 QID @ 39.19.