Mr. Monsanto vexes me.
Just this morning, I was in my office celebrating the [[MON]] earnings disappointment (I am short), via dancing, singing and demonstrations of outright physical violence towards the MON annual report in my office.
I was fucking shredding the fucker, throwing coffee on it—even throwing loose pages at my trader/servant.
Then, all of a sudden, Mother Market took my “big dicked” gains and tossed them in the shitter and flushed— for the second consecutive day. This fucking stock will-not-go-down.
This, along with other “indicators,” tells me God loves “ag plays.” As a result of this new discovery, I will cease my futile attempts to drive God’s portfolio lower.
After all, there are much better places for my money right now, such as: short [[LEH]] and short [[FED]].
Regarding today’s trading:
Yeah, it went down. But the decline was rather milquetoast. It gave me a bad feeling in my stomach.
At the end of the day, I regained some of the egregious losses from yesterday’s “fuck you, you’re dead” session.
I added to a lot of dumbass positions, while worrying about the “what if’s.”
Finally, the reversal of the commodity downtrend was impressive, with significant gains in oil and gold. Moreover, the dollar weakened throughout the day. Should this trend continue, expect to see more weakness poleax the markets.
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The Fly, I read your MON “technical analysis” this morning, pure genius. I will hold onto my SMN position with confidence, and add to it if things get ridiculous.
Like Soros is going to say anything bad about Comrade Obama. And it isn’t even May Day. Give him a tough question Maria.
LNN still kicking fucking balls.
Long and strong…mister market is tired of negative people. Up we go.
i’m just continuing to hold RIG and letting it ship me the boxes of $100 notes that i use to buy big league chew at various local 7-11s.
markets get hit hard tomorrow and friday….too much too fast—bull tard are out of steam…..late
Anyone watching RIMM? Up $4 to $121+.
FLY
I told you yesterday that you are leaning too hard one way, and that mother market was going to bitch slap you and make you question everything.
Meanwhile, your mexican trader/servant is thinking about looking for another job- at this point he would rather stand outside a HomeDepot just to get away from you. Why dont you guys go in on a few cans of rice and beans, that way you can save money not ordering out for lunch. Every bit helps when your losing money.
Looks like you have hit a major road block Q2. You will continue to make bad trades and have no luck on the short side. Consider yourself cursed until I take the negative energy away.
Later….loser
Hank, get back to work. Haven’t you heard?
The Fly is God
Homos are strange people, especially the burly ones. I mean what the fuck caused that look.
In other non gay news you fucking idiots called the bottom two weeks ago and much higher didn’t you? Just know sharp moves come in bear markets. What all of the sudden changed and made this crisis only worth 5% down on the Dow? Think about this before throwing funny paper at worthless equities. Ask your neighbor what he will be doing now that he is being foreclosed on? Buying a new Bentley? Doubt it.
Fly this new Icy Blue site is the best.. everything looks polished. Also thanks for putting the market info back up for us home gamers.
Juice is Bilderberg!
FLY
I take back my negative comments posted earlier in this thread-I was in a bad mood. It wont happen again.
The Fly is God.
You will continue to make big dicked gains in Q2 (long or short)
hat tip
Sales of major automakers are down significantly. Ford stated Q2 will be worse than Q1. People aren’t buying cars, they’re buying houses.
It’s Not Over Yet
you forgot to piss on the annual report… that’s your problem… you piss on it, God would sell it in an instant.
what?
huh?
who’s on first?
no that was not me.
that was not me it was you
Yiu is me… mei’s on third
so who’s on first, yiu?
who, me?
huh?
no not yui, me
what, Who? And What, it’s not Yui, it’s Mei
I shot the sherriff.
who the hell’s I?
me, thais who
it wasn’t me
I am not Mei!
you’re not you?
I’m not Mei, and I’m not Yui, that’s him (points at Yui)
that is me
no That is me
WTF!!!!!
You stole dah song, mon.
Holy crap, Q, is that you and some high school buddies practicing for the 12th Annual Brady Bunch Parody Battle of the Bands….
…or like, what?
that’s more crazy than I am.
and so am I.
No I’m not!
Yes I Am!
Shut up I’m talking.
On second thought, I can’t do this crazy stuff anymore, to hard to compete with this board…
We can all agree on that, can’t I?
Yes
Yes
Yes.
stop using me schizo!
Chivas,
Your thoughts on the $TRANny action today?
I’ll hang up, and listen.
So who shot the sherrif, Eric Clapton, or Bob Marley… or “Who”?
This has to be Shed. ^
Fleck on the whiny LEH CEO complaining about short sellers:
“Lastly, in the latest saga of blaming shortsellers, a story made the rounds about Lehman CEO Dick Fuld casting aspersions their way for the price decline in LEH. My comment to that is: Actions speak louder than words. If shortsellers had driven the stock down to a price that was patently absurd on the back of nothing but scurrilous rumors, the right thing would have been for Lehman to buy that stock that was presented at a cheap price, rather than issuing new stock.”
I shot him because nobody would shut up! AHHHHHH *runs screaming from the room*
OK, I’m calmer now. WTF is up with AAPL? Deliberately allowing a shortage of iPhones because a new model might be released soon, is this rumor or fact?
Jake:
Klaxons. They’re more of an electronica/trance group, but made an effort to play some real instruments. All my high school friends are dead or in prison.
A flute with no holes is not a flute.
Jake,
i thought they acted great, considering the move in crude today and how far they have come. i think pulbacks will be very shallow. did you read my read of the chart in the up goes the dollar thread? btw, if tc agrees we will get together when you come down. i don’t care if it’s in orlando, but trust me the grove and miami would be more fun. tell me what you think about the transports.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aX5TlzaQQPjg
Q4-
A flute made of skin, with one hole, may not really be a flute, but it can still be blown.
— Ancient Arapaho saying.
______________
Chivas,
Yeah, I read your note on the $TRAN chart. I don’t put a lot of stoch (sic) in the MACD — kind of a lagging indicator, imho. As for the RSI, if you note, the last time the $TRAN was at its last high before the bear came, it peaked around this RSI level.
I just didn’t like the look of today’s daily candle… I’m not sure games are not being played, however. Watch out if oil starts percolating here again.
Also, I completely agree that the Grove is a lot more fun than Orlando (sorry TC). Anyplace where a large number of bars are only accessible by boat kicks ass.
And the Latinas…. achee wawa.
Hedge funds are not Mutual funds… they have no imprimatur to be fully invested… or any percent invested.
I would argue that a large cash horde is rational here… if you plan to be shorting.
ATTENTION:
If you haven’t done so already, everyone stop over to the Rager’s blog and tell him “good on ya” for finally making that poor girl who skins the nutria he fishes out of the swamp off his back porch an “honest woman.”
(As far as that goes)
Jake,
you just might learn spanish in 48 hrs. lol. as far as the hedge funds agree with what you said with 2 exceptions,
1- if this mkt rocks and rolls that cash is used to chase performance.
2- just one more sentiment measure. all my sentiment measures are still showing a lot of negativity.
Here’s my 2 cents, assholes: fuck the transports.
I’ll do a chart analysis later.
Dinner thought: When the fuck did seed companies get 54 P/Es and trade for 8 times book?
Fly,
i look foward to your chart analysis. is it going to show planes crashing or trucks falling of a cliff or railroads collapsing?
The mental institutions must have been emptied this afternoon.
This afternoon?
I think that they emptied out on Tuesday
Caddy I agree, I think someone forgot to enforce the fucking dress code around this place. Fly can you remind all of these heathens that riff raft is not fucking allowed here. Have some fucking class you low end sub prime peasants.
Reminds me of the time Fidel Castro emptied his jails and mental institutions and sent the Merial Harbor crowd to Miami via rafts and boats in the late ’70s.
Mental? I think you mean financial institutions… Pretty soon they’ll be the same thing.
you seed people! With corn at $6/bushel, each individual MON seed kernel is worth about the same as a gold nugget of equal size. Enough farmers will keep paying up. The ones who said they would switch from corn to soy beans are already looking at the charts and regretting it, calling up MON and begging for product. MON won’t go down till corn does.
(in a Tony Montana cubano bravado)
You wanna fuck with me? Okay. You wanna play rough? I will bury you cockroaches. I will bury you cockroach mortgage brokers under my seven figures worth of sub prime home mortgages and my two home equity lines of credit on a home thats now 20% upside down…… I always tell the truth. Even when I lie. …Thats how I got a $2M liar loan on 30K worth of income with no money down…….. You wanna foreclose on me? You wanna waste my time? Okay. I’ll strip my house down to the bone, copper wire and all, and just walk away…..