Hell, don’t ever doubt “The Fly” and his fucking “calculator brain.”
With today’s carnage, I banked coin, up more than 6%—for the motherfucking day.
I spit on those of you who said my time machine was broken.
As a result, with the help from the Godly webmaster at IBC, I’ve taken the liberty to track all of you down, mainly home and business addresses, in order to mail out invoices.
Fuck, not only did “The Fly” save your nest egg; he helped you de-bank your neighbors 401k plan—via shorting his stocks.
All in all, the Fed must act. Fade the rallies. Take some profits. Drink some expensive liquor.
NOTE: Oh, by the way, sell short oil.
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I believe I have a bottle of “Nectar of the Gods, ’97” that I think I shall uncork for my celebratory repast tonight.
I’m visiting Valhalla, and given the bacchanlaian risks therein, I shall be wearing the Gore-tex “secondary toga.”
(The one with the tear away velcro tabs, for easy wenching.)
genius
Sweet ambrosia and whores for you.
Speaking of 401k’s. What the fuck is going to happen to the consumer when all these Baby Boomers lose 25% of their life savings? I think Bernie is right worrying bout inflation so much.
Genius personified.
I also have foreseen all oil trade at lower prices. Even olive oil.
Since I already have ambrosia and whores, no need to placate me.
this site is unbeleivable
Thank you indeed, from the very ass of the world
Even in the bear market of 2000-2003 there were 6 rallies of 10% or more and most of them were very sharp. The sharpest was the one in March -May of 2001 which saw the Dow go from a low of 9106 in late March to a high of 11350 in mid May.
Currently the Dow is down over 2000 points from its early October all time high of 14198. 1400 points have been lost from late December. When we do get a rally I expect it to take the Dow back over 13000.
UA dropping like a rock in the AH.
DJI rallys to 13K, per Cap.
Very likely Cap. That would bring us back to the 50 day.
I have the Honey Hole in that neck of the woods.
Lots’O chatter bout a ‘surprise’ rate cut in front of opt exp tomorrow morn.
That seems to be Bernanke’s style, judging from his previous cut.
We’ll know soon enough.
Because of all the chatter, if we do NOT get the ‘surprise’ rate cut, we’ll tank hard (some more).
The question then becomes, what will drive the market back up?? Certainly not earnings…
i bought a few hundred ua at 31.65
We’re close to a relief rally. You don’t see multiple stocks down 10+ points in one day unless major pukage is going on. This works on the upside as well. Often ST tops & bottoms are formed with these types of moves.
Fuck whomever gave me negative Karma.
I speak the truth about the Honey Hole.
Hey any ideas on how to play all the recent interest in short and double-short ETFs? Are the companies that put out these ETFs making any money off the hordes of people piling in for one-stop bear plays? Looks like PowerShares isn’t public, nor ProShares. However on the ProShares site I saw “ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with any ProFunds Group affiliate.” Does SEIC stand to move with all the interest in these Short ETFs?
Thanks for the ideas on getting into these short ETFs ahead of the recent shitstorms.
Shed, I have restored your karma to positivity.
As you speak the truth.
I made enough today to purchase a brand new shiny tradebot.
This one smokes cigars, drinks cheap gin and has an i-pod nodule for easy downloading.
I’ve set the old one up in the backyard, where he now chops wood for winter kindling.
Much to his chagrin.
Any nominations for a new Fed Chairman? I would nominate Paul Volcker (unless he has Alzheimer’s by now) or Ben Stein. After listening to the bearded one today on CNBC I agree that he is the second coming of a Herbert Hoover.
Hahaha…Ben Stein. We could ALL win his money, while we squirt ClearEyes into our eyeballs.
Would Jimmy Kimmel be his vice-chairman?
So there Cramer and Trump, what happens in regards to inflation should the fed cut by a full point?
I pray to all that is holy that we get a relief rally so I can fully exit by dumbass contrarian longs, including that fuck stick of a stock BOOM.
Hey Fly,
You ever thought about shorting BRIC’s??? I’m from Brazil and lately all I hear from the Bovespa is the decoupling of Brazil from the US, which I call a bunch of BS. The market has been stubbornly trading in a range while the US is going to shit.
Lately however, there has been a downward trend and major technical breakdown.
Boom, you can hold those 10k shares of BOOM and give back that 700k in profit real quick. Why are you holding stocks when we are entering a depression?
Boomer-
Dump it on the bounce.
Mr Fly,
In case you didn’t realize your % gain for the first 13 trading days this year have equaled your %gains for the entire of last year. Odd ,no?
How about cashing in and calling it a year? I bet right now you must be drinking out of your diamond encrusted chalice filled with “Rich Man’s whiskey” while digging into rib eye steak, heavily salted, lightly peppered, while simultaneously berating your trader/servant!
Great Job man…
Henry C- several of here have shorted EWZ.
Fly was alerted to the setup and consequent breakdown but was too busy punishing the C in your BRIC to give a shit.
I posted about the breakdown 2 or 3 days ago. Check my blog.
Your market call for the new year was pure fucking genius! Can’t say I didn’t see it coming on my own, but your pounding the table made me act.
I not only got out of stocks (saved 10% right there) but I bought GLD (my idea) and some inverse ETF’s to the detriment of my neighbor’s 401K’s.
Thanks.
Now I really hate you fly. I only made +2.24% today. And you beat my record of +5.77% since I started seriously playing shell game.
But seriously, congrats. I definitely see that you’re taking more risk this year.
I pray to all that is holy that we get a relief rally so I can fully exit by dumbass contrarian longs, including that fuck stick of a stock BOOM.
This kind of thinking is like portfolio benzene mixed into a saccharine and water cocktail.
Portfolio cancer. Sell that shit first thing tomorrow, come what may. Then go from there.
Have you been shorting your hated MON, btw? Down about 28 or so from the high… and lowering.