Well, that was fun. The intra-day reversal is over. May lower prices infect your portfolio’s.
As you know, our banking system is a complete mess. We have fiat currency, jerkoff CEO’s and an alarming lack of liquidity.
In other words, we may get spikes along the way to 11,000 DOW. However, every single spike should be faded, due to the longer term trend, which is down.
I understand the temptation to “catch a bottom” and make buckets of coin, effectively allowing you to replace your bullshit Staples chair for a real one. The problem you will have, each and everyday, is headline risk.
Being a bull is like being pinned down in a WWI trench, as 50 mm machine guns buzz past your ears. Before going long, just know, that asshole with the 50 mm gun is aiming for your head and will continue to give you bad news.
Aside from that, our politicians are hell bent on raising taxes, while socializing healthcare.
Should the cap gains tax be raised to 28% or higher, kiss your 401k plans goodbye.
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Lovely. I was so close to buying AAPL calls when it broke through $122 again… being chicken-shit is a good thing sometimes. Now watch it go to $135 by option expiration next week. Bleh.
Always stay on the short side of life
watch your sky
http://www.rense.com/general80/inside.htm
Nah!
I disagree. This is just bold money repositioning for overnight.
The smart money is still on the sidelines. There has yet been no convincing pain or euphoria. Hence expect the market to tumble along feeding bones to day traders.
what short etfs would you add here?
i did reduce position in dug skf and smn today
part III??
why is cajun still on the top ranked peanuts list? isn’t he a full timer now?
The treasury aauction was a fucking failure, to put it plainly. Up 20 poiints on the yield, wohoooo, buy buy buy. The helicpoter just caught a flat, or flak, from some AP 50mm rounds, since you want to go there McFly. Let’s even throw in some incendiary AP’s – the bearded rat’s helicpoter ass is on fire. The french shower bags do not get it yet – but the needle fiesta is fucking over. The french shower bag top tickers who were bidding the Diamonds at 1 today are already enjoying the taste of dried out turd. Good luck Helicpoter, we’ll meet again.
update.. I fucking said this Treasury shit was gonna back up in a big shitball last week..
And here …. comes…. the mustard gas!!
Jeebus, who the hell is driving this market? He/she needs to whack a few of his/her excess personalities.
short crm and deck before this shit closes.. tomorrow the piper comes for his money
What’s driving it at this exact moment is a desperate attempt to close in the green.
Pathetic mofo’s.
Ummm…50mm machine guns?
Planes have 20mm cannons. I think you mean .50 caliber machine guns.
Retard.
No fuckface. I meant 50 mm. Like this
http://www.defenselink.mil/transformation/images/photos/2005-02/Hi-Res/050208-N-7217H-006.jpg
50 mm “machine guns” is bigger than the A-10 WartHog ammo (30 mm)
That’s not a machine gun, Fly.
BTW, this is the largest machine gun ever made (30 mm):
http://video.google.co.uk/videoplay?docid=-3241416591651781452&q=gau-8+avenger
Helicopter Ben and I think alike. Odd, no?
The bald bearded one knows his guns. What do you think he loads his gunship with?
Kudos, alphadawgg.
Chopper Ben, you ex-military?
Guns are not allowed in NYC, cut “the Fly” a break.
Guns not allowed?…then the criminals have the guns. You guys are defenseless. Sad.
Never got past ROTC…apparently you can’t smoke pot and drop acid and be in the Army. Who knew?
I knew.
Yeah, George…apparently it was OK to be a cokehead and still fly planes for the ANG.
12.8mm = .50 cal.. fucking bearded bald rat genius.
Fly gets half credit for posting a pic of a 25 mm machine gun and calling it 50 mm.
Helicopter Ben takes a penalty round in the beard for saying that it wasn’t a machine gun.
I see everyone so bearish. Market’s going up tomorrow, suckers.
The Fly always tries to get half credit for everything…
He has some longs so he can say he was right when the market goes up…and he has some shorts so he can gloats the market tanks. To give half credit for the machine gun fuckup is very generous of you folks…clearly it shows he is just as much of an asshat as everyone else he trashes…bottom line: the “Fly” knows as much about markets as he knows about machine guns. Pathetic.
“JAFO”