TIF up in pre-market, on good earnings. “The Fly” will be covering his ridiculous short.
For those of you who said “hey asshole, never bet against the rich man,” bravo and fuck you.
In other news, the bears will be decapitated today.
Much more on this later.
UPDATE: Tanner men than you (CFC) have up stocks this a.m.
UPDATE II: TIF reversed. Tips are for brokers too.
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🙂 Go bulls!
I chuckle every time the “Tanned One” is mentioned.
Note the new slogan on the header.
BONT is still going to $5, but I’ll cover before then.
Fuck the bulls and Helicopter Ben
sell some on the open .. short some today or monday
You & Jake will be shining my shoes.
& Juice.
Any relation of OJ?
HOLY CRACKPIPE BATMAN:
My CFC gamble is paying dividends. Lots of them.
Off to my local tanning salon to celebrate.
These levels need to be taken out:
S&P 1490
Rus 790
Go Santa …
This will be the biggest bull trap ever orchestrated.
I don’t get it. Ben acknowledges that lower stock prices are a high probability, and the market rallys.
Thank god my puts are good through Jan.
Fly, I’m glad your banking coin, don’t get me wrong.
You are still a schizophrenic fucktard, Dros, but I have to give you props for that CFC call.
23%+ ! Shit!
1490 is the line in the sand. We are right on it in futures.
How unlucky are you if you are a Dell long right now?
The bonds are retreating which makes me have more confidence in the rally today. Yesterday they did not. Last print on the 30 was 116 22/32, down 1 3/32. I’m short the 30 from 118.
SPX 1500 will be taken out by monday …
Are there any ETF’s to play rebound in dollar? If so, which is the most aggressive?
How low do you see the 30 going, riverrat?
KidStock I was looking for the same thing. I want to short gold and long the us dollah.
Next support is 114.
Ideally we fail up here and the market retests 1400-1420. Not sure if that’s going to happen but usually we get some sort of retest/higher low.
If I was a buyer earlier this week, I would be booking partial profits this AM and look to reload on a pullback.
Fly – no relation to OJ but he should be your idol
he not only tossed old folks down stairs but he killed young ones & got away with it
UUP is a dollar ETF, but it moves like a turtle.
The 30’s probably going way down to 110 next week.
I have a buddy who is short from 116. That would make his day, having his balls removed from the salad shooter.
Everything has changed. Recession fears are yesterday’s worries. 1) Ben says he’s not going to fiddle while the economy burns. 2) Tons of fresh money coming in to bail out Citi, E-trade, Freddie, etc. 3) Paulson and lenders working hard to create a bailout for mortgage deadbeats. 4) Crude oil getting poleaxed. 5) Most importantly, the dollar has stopped sliding, so all those sovereign wealth funds are going to snatch up American assets while they’re on sale. 6) Portfolio managers want to salvage their year.
Tons of shorts are fond of their testicles, so they’re going to provide alot of upside fuel. Another up 250 day….and on a Friday no less.
I recall back in June when The Fly was buying TLT around 83. He flipped it for a quick trade. In hindsight — that was a great purchase and one that could have been held for quite a bit longer.
I would be shorting TLT up here if I were at my old hedge fund (Cramer line)
God Bless America.
-DT
The futures options seemed to be spooked, at least in the S&P’s. The Dec 1525’s have really moved.
Well, whaddaya know… failure to bust the 90 day MA at 1489….
Hmmmm…..
Pud — your ironic style is among the best of this group.
hey fly, why did you think high gold prices would cut into TIF’s margins? gold is for poor people who buy engagement rings at kay jewelers and other shitty mall stores. most of TIF’s bands are platinum and the majority of their profit comes from diamonds. just saying….
where’s my can of corn? ky in hand….
The futures high was 1492.24
Monday will be up … 1st day of the month … money pouring into mutual funds over the weekend will juice the market
SPX over 1500 monday … short it 9 ways to thursday
I meant 1492.25
The 10-year is bottoming.
The bonds are not giving up so easy.
Kass is trashing RIMM
I hesitate to say it but, “I told you so”, that we could see this day.
Next, we will see a trend reversal in the Dollar. Within two years, it will eventually get back to parity with the Euro.
Trust me. The check is in the mail.
I hate these days where the high bar is the open. If the next 15 minute bar is a lower low, we might be screwed. The $TICK is positive, which gives hope.
Take Plofits in LIMM today, Blokah.
You make nice call on Tan Mafiosa Capatarist stock, do not ruse gain on LIMM.
Nice call on TIF Fly person !
You gotta love that Gubement Cheese.
C,CFC,WFC–most active-give me a break.
Ya’ll have a nice weekend. Tune in to MU V. OU prime time.
Fly/Ducati …………….08
Tough days for the gold di99az.
Are we sure its not to early to be saying all this? It seems to me we have to pass and hold 1490 – this rally looks to be faded into? So far?
I’ll be very surprised if we don’t get profit taking here and a retest on the S&P. Maybe not all the way to the last low but at least below 1450.
There goes LIMM !
the sweet smell of Kass napalm in the morning
Jake: When you’ve got monetary policy loosening as Bernanke and Kohn have implied, together with stimulative fiscal policy (the Paulson bailout of mortgage deadbeats), together with gazillions of petrodollars looking for a home, it’s simply fucktarded to be short stocks when treasurys are under 4% and the market multiple is 16x.
I was as bearish as anyone last week. But everything changed this week, and the news just kept getting better for stocks.
Nonsense.