I’m fully prepared to short more [[DECK]], above $140. While it’s true, lots of dumb bitches wear them. It’s also true, mall traffic is down significantly, in recent months. For a big growth play, like DECK, all you need is a slight blip, then BAM, down 50 bucks.
With my money, I’ve been shorting more [[LEH]] and buying [[FXP]] and [[SKF]]. Thus far, I’m content with my [[SRS]] position and will accumulate more, at lower prices—God willing.
Over the weekend, I did extensive research on ETF’s. It’s amazing to see how many bases the banking fuckers have covered. There is an ETF for just about anything.
A few spiked my interest.
I like [[DBV]] here. DBV gets long G-10 currencies with the highest yields, while short the lowest yielding ones. And, [[UDN]] shorts the dollar, against foreign currencies. In my opinion, both are good plays.
And, for a direct play on grain, minus the dilution of other commodities, take a look at [[GRU]], which gets you long wheat and corn. Or, do a little work on [[FUE]], which gets you long soy, corn and sugar.
Aside from that, there is a myriad of China and commodity etf’s worth mentioning. More on this later.
For now, just know, “The Fly” is not fucking around when it comes to the market. He is always 1,000 steps ahead of you and all of your stupid geeky friends.
Top pick: “The Fly”
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Despite what the tape looks like I would point to AAPL and GOOG as shitting hard and failing support!
Okay, I have to say it-What’s the deal with New York style hot dogs? It’s like eating dog food compared to a Chicago style dog. You know the kind of dog. Bright green relish on a steamed poppy seed bud, with onion, celery seed salt, a tomato slice, a pickle slice, and a sport pepper or two. Oh yeah, it has to be a Vienna dog. Now that’s a hot dog.
MA broke & looks headed lower.
Fuck hot dogs.
Hot dogs= poor mans steak.
I had a client who spent some time in jail who did exactly what Fly wants us all to do.
huh?
I think someone posted this before, but I figure it’s worth another run to keep everyone on target.
http://vinvesting.com/bill-ackman-mbia-bond-insurers
Reality is merely an illusion, albeit a very persistent one.~ Albert Einstein
what just happened? why did we jump 100 points in 20 seconds?
AMBAC Fincl AAA financial strength rating affirmed by S&P; MBI AAA financial strength rating off watch by S&P
That’s why
S&P just affirmed AAA rating on ABK.
and LEH goes up because of that? ha, i’m shorting more LEH
GAY GAY GAY GAY GAY GAY FUCKING GAY!!!
Goodbye Dow 12,500, hello 12,800.
HOly fucking douchebags batman. Will someone with a law degree bring suit on these felonious assnots. A cucking criminal enterprise serving under the protection of the federal government. Complete fucking disgrace.
btw.. the 2.6 capital raise, aka shareholder dilution for MBIA, will cover one large cdo tranche from March for these crooks.
Of course, no real-time quotes here, but my Spidey sense tells me this gets faded.
At least we know that they will stop at absolutely nothing to prop up the market. That helps clarify things when pondering such late at night.
Goodbye Dow 12,500, hello 12,000.
That was a quick rally, almost all the way back down again. i missed the top, tried to buy some more LEH puts but didn’t get filled.
So thats it, huh?
You all think, this bailout bullshit has already been discounted? Time to re-short financials!?
I don’t know how S&P can affirm ANYTHING with their heads so far up their ass. They must have used sign language…
@Big Mike: I don’t know if it’s discounted, but there are more writedowns and losses to come. Whether financial shares follow or not, I leave to smarter people than me.
Now Cramer is apparently touting AMBAC. You can’t make this shit up. Unreal.
Good thing he doesn’t have to buy malpractice insurance.
Calvino, if you’re wondering where your balls are, I’ve got them right here.
And no fuckface, you can’t have them back.
Calvino, you still short CRM? I have a small short position on it right now. Tempted to add $50 puts for earnings on Wednesday….
Steve, get that thing out of your ass, you sound stupid. I already told you I got long NG this morning, the little fingerfuck party you are having with cummguzzling Cox at the SEC was anticipated and hedged.
Van – yes, still short CRM. This piece of shit has been getting pumped since they put out the lie on the Oracle takeout. They are still down from the pop that day.
It appears that several douchebags are hiding in the corner jerking each other off with Steve here. The point in this discourse, douchebags, is to make calls, not to jerk each other off. The calls were made, douchebags, on NG, specifically, NAE.to and PMT.to.. this is not about getting spunk in your eye.. but keep fading.
I was going to put them in a jar and keep them on my mantle, you know, as a conversation piece.
But after that little tantrum, I think I’ll just feed them to my dog.
Those are your own balls Steve, mine are solidly here.. but why don’t you make a call balless douchebag, cause i have never seen you do that. My call was on the money today.
You overused ‘douchebags’. Because of that, Steve wins.
Alrite then, snotsacks in that case. Steve is a snotsack, not a douchebag, if you insist. btw, winning is about calls, this is me just pissed off about the piece of shit cox and s and p. Ther eal deal is that if you listened to my buy this morning, you will have made money.
What’s up with SIRI?
fraud in the US gets bigger and bigger! AAA! This is why I laugh at anyone who stands behind any politician. The whole system is based on fraud.
SIRI-XMSR merger finally? It’s been a little over one year since the announcement. Justice probably has a whole division picking their nose on this stupid issue.
Fuck you. Hot dog hater.