Okay folks, “The Fly” has seen enough and endured his fair share of gut wrenching losses, since the beginning of Q2. As a result of erroneous and egregious short squeezes, “The Fly” has “opted out” of the stock market and will be heading to his “vacation home,” in the rugged mountains of Romania.
There are so many things going badly, it makes little sense to try to fix them.
Commercial real estate is on fire. Banks are cool again. Fucking ag and steel stocks NEVER trade lower. And, finally, Chinese stocks in the U.S. trade higher everyday, despite those same stocks trading lower everyday in China.
Quite frankly, I’ve been wanting to get away from this crazy city for awhile. In Romania, I intend to milk my goats and cut my grass. My dinner will consist of cured lamb, onion soup and unleavened bread.
As you can tell, I have little desire to fight through this tape, being short and all. The bulls have won. The recession is over.
God willing, upon my return, this country will be under attack from an enormous horde of hungry locusts, effectively deballing those devilish farmers and sending my [[MON]] short back lower again.
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If we were under attack from Locusts MON would shoot higher as the demand for their “herbal medicine seeds” would shoot up. FUCK MON AND FUCK ROMANIA.
I think I saw Ben Bernanke pocketing your wristwatch.
Yeah the hungry locust play would be long MON. Now, if instead of locusts, it was a giant space truck full of corn? Then, yeah, press that MON short.
PS: I took a post-it note and taped it over my monitor where FXP is. Makes my day go by easier. I highly recommend it.
can i manage your new obliterated portfolio?
Fly,
you need to have a huge bowl of oatmeal in order to get this markets lower, try it.
Tech is about to retake the pole as the leader in a death roll. Rim beat, and the Q’s are off – hint, Martay. And as I have been watching the leaping baboon, strictly for entertainment purposes, I am calling it – he is going to gore tech today, including aapl – take rim as the hedge since he still loves them.
and yea.. the csco downgrade.
Geithner wins the cuntass of the day. ‘Nobody understands what happened.’ Yea it’s particle fucking physics douchebag.. you have fuckholes running insurance swaps for trillions of dollars on a couple of condo projects in Miami beach.. and that is beyond mortal comprehension. Fuck you Geithner.
Can you take Jim Bunning with you please?
That way, he can STFU for a couple decades so we can have an intelligent conversation.
Thanks in advance!
Sincerely,
Flippy Fucktard
ps: you can actually take the entire congress with you… maybe that will help the country?
pss: gay romanian billy goats make good bedfellows (charles schumer said so)
Your covering your shorts NOW?
I’ve been selling my longs into this rally, positioning my ratio at 70:30 short/long respectively.
I would be hesitant about shorting banks further, as the politics premium are being priced in (look homeowners).
I’m waiting AT LEAST until April 17th, China’s GDP report, which will, I’m hoping have people chill on this China shit.
Doubling up on SMN now..
Just trade SMH. Someday INTC will join the fun. We are setting up for a big job loss tommorrow. Then watch SMH and other chips. If they refuse to buckle as the Dow goes down then Buy,Buy,Buy (for a trade only). If they buckle forget what I just said.
Meh, I prefer to sell strangles on SMH
wouldn’t bet against china now .. that market will retrace its losses for 2-3 months
that will support ‘feed the world’ stocks, & commodities used in building out 2nd & 3rd world economies
if/when bush/cheney & cronies, decide to chance triggering www3 with a go it alone or with israel, attack on iran; then DUG/SMN will have its day & the entire market will hit the shitter
You should let them thar goats of yers eat your grass instead of mowing it. Maybe that be your problem. Always doin shit backwards city like.
FXP with a seven handle
I told you fuckers I’m back and stronger than ever.
Did you miss me while I was on vacation the past few months?
FXP has a gap to fill around 75
balls + fire = ?
It will be so good to have you home for a visit, my son. We are so pleased we shall be gifting you with this bag full of old Roumanian gold coins.
There’s no such thing as bad news.
Buying FXP makes no sense with speculation the Chinese government may support their market.
It’s almost as fucktarded as trying to short the U.S. market with our government pulling out all the stops to support it.
Fading either the Chinese or the U.S. governments usually results in having your goatee plucked off your face, one whisker at a time.
Our nation is strong.
Ours too.
Ours is stronger.
Time for lunch and Leave it to Beaver on TVLand. I hope Eddie Haskell doesn’t get Wally and the Beav into trouble today.
I always wondered if today on TV they would name a friend of Beaver “Whitey”. Probably not “Beaver” either. These are the questions that occupy my mind this PM.
FXP is headed for $65 based on the pin action today.
great article on what bears are up against in the markets
http://www.minyanville.com/articles/db-jpm-LEH-BSC-UBS-futures/index/a/16547
Haha, look how bored everyone is at the senate hearing. I would fall asleep so fast.
Hahaha Yankee flucktahds. We teach you now! Showt China? Dat is letahded!
Unemployment up, Cisco downgraded and Google laying off 25% of double click. Todays buyers are going to feel how I feel today in due time.
this rally don’t make too much sense, so the conspiracy theorist in me thinks the big boyz have been tipped off about NFP tomorrow.
If the close is good, bears should be wary of better than expected #’s tomorrow
I win asshat!
Boolah, Clamer!
Hey Fly,
You need a traveling buddy? We can cry on each others shoulders.
lol, with that kind of conviction (or lack there of) you’ll never win.
We hit rock bottom!
cluck yu mai dong.
YEAAAAH BWWOOYY! You know they can’t mess with me… I gut you mofos who think they be ballin.
I win! YAY!!!!
Don’t do it fly… where’s the market leaders? There is no sector that leads right now, rallies are short lived, and anything sets people off into fear land. Quit trading with your emotions, and double down that SMN!
most depressing day ever!
See? America is more prosperous than the Romulans in Romania.
Benanke is my puppet.
I am the puppetmaster.
Have a good day.
Your Commander in Chief
The FLY:
No you are joking. How could you leave now? Stay here and keep the fight. You escape from the marketplace and you are a loser. The FLY never loses, right? Don’t run away.
At least buy some PAL and SWC before you go. They are doing great. Buy some tellurium. The tellurium smell goes with the onion soup pretty well, I assure you. Print this article and read while you are in Romania:
http://seekingalpha.com/article/70907-investing-in-a-resource-constrained-world-part-iii
Fly don’t get smoked out, remember a couple weeks ago on the rally you got your balls clipped but didn’t panic out and you made a killing. Failed moves sharp moves. Steep corrections in bear markets.
Fly-
I found a set of balls, u need them?
“The Fly” is experiencing substantial loses, good buddies. He needs the haitus.
In the meantime, buy any and all bank stocks. The credit crisis and recession are over (smugly shaking head).
Bush is such a fucking idiot.
I am actually short the banks
I am short Bush and McCain with a straddle on Obama and a put on Hillary. That leaves Nader who isn’t worthy of a position.
wow the fly is really wrong these days. this site should be called i bank coin sometimes…but sometimes i lose all my fucking money and run back to some third world country hahah
RIG and roll, baby.
Bove is a peon of a peon of my puppet Bernanke. Pay no attention to him.
I am still Commander in Chief.
YahBoo! and all that shit, as my good friend Cramer says.
TraderCaddy straddling Obama–I hope you’re wearing a cup….. Bhahahaha!
Well if its any consolation the bulls have been doing their darnest to take the 12700 level and have thus far been denied. Should they fail today and tomorrows report blows then you can cancel your trip to Romania and return to your incessant bragging about how you are smarter than everyone.
MarketRaider
I got the report doctors workin’ on that there report, er, employment report, er…whatever. It don’t matter. I’m fixin’ things.
As Cramer would say, YabbaDabbaDoo!
Ho, watch out for that cow pie! heh heh.
DBA is feeling a bit toppy. Time for AG to finally go down?
I signed the Farm Bill. Don’t that mean nuthin’ to you Wall Street types? Shit, I’ll sick Benanke on you. Look out!..Helicopter incoming! Heh, just kidding.
Ag, cattle, oil, it’s all smells the same to me—money in the bank.
there are some serious bids on xlf
LVS – I have perceived the depth of the fallacy of my assumptions. Since there are rumors of people unable to pay for their mortgage and fill their gas tank, the position of LVS is enviable. All the people needing a little boost with their income will max out the last of ther credit card line and put it all on the black at LVS. Sands is going to be richer than ever, and I was wrong to think that unemployment and bankruptcy is going to crimp their business. with a P/E of 244 and FPE of 30, LVS is an outstanding growth and value play all at once. I am sure they will beat their estimates by a factor of three or four next year, since the bottom is in and the croncopia is brimming over.
Overdue Consumer Debts Highest Since 1992, ABA Says ……. liars
Muni Losses May Put Taxpayers on Hook for $7 Billion …… traitors
Credit Slump to Have `Profound Impact’ on Economy, Whitney Says …… idiot
Fly, What happened to:
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.
Thought your comment meant that you had covered your MON short and would no longer attempt to short the ags.
You mean to say that you never covered???
Does anyone know a person who goes by the name of “The Fly”? His credit card was declined and he needs your card number to see him through for a while.
Romanian Innkeeper: The Fly has authorized me to see if you would accept a large oatmeal bowl in exchange for a place to stay in the loft of your barn.
the quiet before the storm
Don’t worry. Now we go down. My indexes are telling me so.
is anyone watching the tape on xlf
dubya, gotcha covered. I’m on it.
say hello to azabat for me.
watch the jobs report on Friday
50,000 jobs lost
Dow +500 Naz +95
Why — it’s all in the past…
Game plan for tomorrow- Bad payroll numbers, the Dow and S&P will tank, however, the chips and SMH will stay unchanged which will be the signal to flat out and buy only to dump it all in the PM.
“At least buy some PAL and SWC before you go”
LMFAO!
Keeping an eye open for a possible new war breakout in the Mideast.
http://www2.nysun.com/article/74123
hewwo, I a am now thee Fry, the fry no longer… the fry has been flied. he now go a wit dee cheeseburger… hehehe amerlicans ale so funny. Lemembel when dee fry hava buy FXP? it was learry funny.
He getta sclewed on that one, yes?
We now capture him and make him asian and stear his identity.
Chargea his card, so no romania fol him.
I am now dee new Fry, so buy some FXI before we chop off your dumplings… and then your egg rolls too! See whose got the little egg roll now!
pussy