With today’s spike in my inverse etf’s, “The Fly” was up another 2.8%, much to your chagrin.
Aside from a surprise Fed cut, there is no reason to be long stocks. I mean, really, aside from price action, is there any fundamental reason to go long? The downturn in the economy has just begun. There is a lot of pain left for bullish hand fuckers.
As sure as I’m sitting here, [[INTC]] will print $15, sometime in 2008. The end user is hamstrung. Do not get sucked into PE ratio value traps. The “E’s” are all lies.
Beneath the surface today, [[ABK]], [[MBI]], [[RDN]] and [[PMI]] were obliterated. Should any of them go belly up, look out below; the financials will get drawn and quartered.
Towards the end of the day, I initiated short positions in [[DOW]], [[DD]], [[FCX]] and [[MON]], via [[SMN]]. Additionally, I bought more [[DUG]], anticipating a cascading sell-off in [[XOM]]. And, I bought a little [[SKF]], on this dip.
The notion that the financials have bottomed is laughable. If your brokers are telling you to go long, fire them—for they fucking suck meatloaf.
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Calling BS on this one. Up 2.8% in this tape? Laughable. Keep paper trading Tout.
No way you made 2.8% in this environment unless you are 4x short clown. I’m sure your up 15% ytd also.
I am saddened to see you have not joined Wood and I in shorting the entire Amazon Basin, and the first letter of the overhyped “BRIC.”
Reveal the IP addresses of those fucktards!
The Tout can’t even keep his lies straight.
don’t be a fool joke.
Jealous idiots, look at my top 10 holdings then tell me I’m lying about my 2.8% day.
Hey Fly whats holding you off from shorting Lehman? I just slapped some shorts on the SOB today at 59.12. Its seems you keep saying I may short Lehman but then you hold off.
This is the Raptor speaking:
I’m enjoying all the current madness, naturally.
My stellar recommendations that I’ve posted on this site speaks for themselves and so I’ll offer all of you degenerates a trade:
Buy 1-month GBPCHF risk-reversal, strike 2.1800.
I’ll return next month to tell you how much money you could have made.
Have a pleasant evening.
up 14.8% YTD, actually.
Fly, why no short of EWZ?
Holy crap, take a look at the chart of BHP….
Schnikey’s — from market darling to below it’s 200 day EMA in 2 and a half short months…
Great “market metaphor.”
Next exhibit?
CRAAPL, of course.
Of course you are.
No reason to be jealous. I could buy and sell the Tout nine times before noon.
This guy is a fraud and you lemmings are too stupid to figure it out.
And you’re just an anonymous fucktard with a heart of gold, right?
Well, thanks for the “information,” and, as they say in Jolly Olde Englande:
Bugger Off!
I’m starting to like shorting all these EW’s. EWZ and EWW shorts have both been nice.
Jake you should probably let it go. Who cares. I have a definition for these types in my dictionary.
Yeah, I guess I’m hitting my “4 pm coffee buildup” phase.
What is the def?
Haha…”anonymous fucktard with a heart of gold”
Very nice, Jake.
Time to put on some big dicked shorts for the crash.
Was there a note out from MDB capital on MVIS?
thanks.
This storm has not reached White Squall status by any stretch of the imagination. Bunker down via inverse ETFs on strength!!
http://news.bbc.co.uk/1/hi/business/7190046.stm
and make sure not to forget about continued geopolitical risk.
http://news.bbc.co.uk/2/hi/south_asia/7191200.stm
Basic Materials
Had another up day on the Basic Material holdings; however, daily charts are showing a bit overbought/sold for the holdings (daily charts). The stocks either blow shit all over theflyisajoke and reveal his true identify, or we experience an oversold bounce. Of course I would rather findout who the fuck theflyisajoke is – but that’s just me. Yet another day of Basic profits:
Shorts
OLN -0.34%
RTI -1.47%
FCL -4.75%
Longs
SMN 8.07%
I’m off to Park City in the AM to play with the stars at Sundance. Talk to you all next week. I wish you all the best and a shitload of profits, but I have the feeling we bounce a bit. Still short but picked up some long favs for the long haul.
Here is a brilliant idea! Unreal!
http://biz.yahoo.com/ts/080114/10398317.html?.v=2&.pf=retirement
let me know how that MON short works…. that stock is going to 200 if this market recovers
Yeah, fuck you fly. To me, you’ll still be that guy who petitions his school to be on the homecoming queen ballot. Doing bold, but idiotic things.
I’m up 14.51%. Was +16% two days ago, but after some kindergarten mistakes and missing out on yesterdays huge opportunity… Well, walking on water will be delayed for next week.
Anyways fly, if you beat me this month then I’ll let you valet my car.
Holy shit, a debit card for your 401k….
(Shakes head)
Holy Fuck, a bunch of morons rambling shit that means nothing on a fucking worthless site that obviously was hatched by a 4 year old. Do real traders do this? Of course not! Do any money managers do this fucking crap? Of course not! Don’t be a fool, fuck this site and run as fast as you can.
The Fly just got stepped on.
You retards who are coming here must be disgruntled MVIS longs. It can’t be a coincidence that as the stock tanks, more retards come here.
Check this out: Go fuck yourself in a moose barn.
If you think I’m full of shit, then move on. I urinate on fucktards like you. My brilliance is documented, while your stupidity is met with a swift kick in the nuts.
fly, dont listen to those losers. you rule $$
Wow…401(k) debit card. Worst…idea…ever!
Fly… I tried to post that chart again, and this time it’s too huge, and cuts off the “meat” of the story, no pun intended.
I’d just erase it, but I don’t even know how to do that… apologies.
Never mind, I think I managed to jerry-rig it.
Welcome to PMS day at IBC.
You think maybe the hater fuckwads had a big drawdown day?
haha, well said Fly. these are the same brainfarts who believed the notion that real estate never goes down — LOL.
Fly, do you still think we are getting a mini-rally? i noticed you took off FXP and some others. i really don’t think the fed is going to do an emerg. cut — they would have done it already.
i think a good way to hedge that uncertainty is to be long some of the financials that have already got the shit whipped out of them, as they will likely rally the strongest. i’m thinking of buying $2 of fxp for every $1 of financials.
FXP was below $150 in july
FLY, is there a reason you’re keeping your commodity and commodity-like shorts on while you expect a rally?
also, would you buy more DUG on weakness?