So sorry for the late post. I’ve been busy.
I hope you retards are now able to see, for the 10,000th time, “The Fly” is able to trade better than you, when properly motivated. I’ll have you know, [[HANS]] is behaving “rather slave-like” to my commands and [[CORS]] is going to zero—ever since I sold (yesterday).
While it’s true, my double inverse ETF’s are quite gay, I have made up for them, and more, via bountiful long positions—in a variety of names.
I want you to pay attention to what is going on. No more reading sad housing stories or third rate bloggers, who profess doom, but cannot make you a red cent.
[[BWLD]] just decapitated all of their bears!Despite being saddled with extraordinary high inputs, the masters of greasy chicken wings managed to feed the fat fucking faces of America, in record fashion.
What does this mean, ponders the old cow, in front of his computer?
It means the market is ready to bust loose, despite the pending recession—which may never materialize.
Anyway, I am going long all sorts of stocks, including [[CTRP]], HANS, [[LAZ]], [[SNCR]] and [[JCG]].
It’s early 2007 again and there’s nothing you or your stupid friends can do about it.
Regarding today’s Fed meeting:
Should Bernanke do nothing, I am going to lever my long positions, with great vigor. On the other hand, if he cuts and gives some bearish commentary, I might slap on [[SKF]] for a trade.
I’ll say it again: In order for the bulls to have a run away market, they need the commodity bubble to burst. That will happen if the Fed stops cutting rates and if the dollar strengthens.
NOTE: fuck [[POT]] If you enjoy the content at iBankCoin, please follow us on Twitter
The dollar is fucked. Welcome the Amero.
It has been d*e*c*i*d*e*d
So I turn up the sound on CNBC as the headline on the screen reads BREAKING NEWS in red letters. I thought maybe it was news about the FED or perhaps a merger. Noooo. It was about the trader alleging that he was forced to take female hormones by his employer hedge fund.
Back to sleep.
Wake me up at 2:15 please.
Jesus Fuckin Christ…
Please tell me your being ironic, or had a fuckin freakout, or better yet, being superstitious into betting long, so that things go down.
I find it amazing, you went from “Soup Lines” into “Early 07 rally” in like two days.
Myself, I got to be honest, today’s GDP number caught by surprise, even as Final Sales GDP were negative. It looks as if our consumers are much more resilient than I had expected (imports up).
Given today’s event, I am neutral; 50% short, 50% long.
If the $ rallies, look for China/Japan/India to bounce.
FYI: We are trying like crazy to break over 1400, yet we can’t… If we don’t break out today, I will be slightly bearish tomorrow; 70%S/30%L.
PS. Bernanke text message me today and said “we are cutting 25% and are writing the statement exactly what the market want…Short me some ags stocks”
Sweep the leg!
In order for the bulls to have a run away market, they need the commodity bubble to burst.
The bulls already got their runaway market. They just don’t know it yet.
The GDP looks positive only because a laughably low deflator of 2.6% was used.
There is no 2nd-half recovery coming.
Big Mike: He wouldn’t shit you, you’re his favorite turd.
Porkchops and applesauce that is all.
Throw in a few stale tv dinners and cardboard pizza.
gOOD TIMES.
I don’t know why I have this feeling this latest rally was the big broohaha of 2008 with its insanity and intensity. For Gods sakes even Fly is talking bullish. I am wondering if post fed decision we will see some meaningful selling since the big event will have passed and the slow summer months shall be coming in. Sell in May as they say. Guess I’ll know in less than an hour.
Dpeezy — an old rassler??
I preferred the ankle pick, m’self.
Will the real Fly please stand up.
The misplaced bullishness is confusing.
Jake…Karate Kid?
Don’t tell me you’re not familiar!?
The Fly – “King of the Cobra Kai”
You know oil’s topped when even the commie idiot-rags are saying start drilling!
“I’ll say it again: In order for the bulls to have a run away market, they need the commodity bubble to burst. That will happen if the Fed stops cutting rates and if the dollar strengthens.”
But a strong Dollar will lead to a weaker market no ?
The last few years we have been in a bull market in equities with a weakening Dollar. If the Dollar gets stronger, the markets get weaker. And keep an eye on the USD/JPY. Appears to be near it downtrend line. Once it heads back down it will take the market with it.
Peezy — yeah, actually I do remember the Ralph Macchio classic, but I’m so used to my old coaches yelling those words at me from the side of the mat, it wasn’t the first reference I thought of.
I just realized guys…
THE FLY IS FRENCH!
WTF Big Mike? The heresy!
Big Mike- Say it ain’t so.
No, he just likes phaggy French wines.
He’s actually “Mickaletto.”
wwww.photius.com/rankings/healthranks.html
I think the Fly is about to get the crane kick from Ralph Machio.
Ha. Love the front page pic.
Zeph, whatta crock o’ shite.
Italy?? #2 on your list? My little bro almost died in Italy thanks to their crappy 19th century public hospital ward system. My parents had to fly him back to — guess where? — the good ole USA (Columbia Presbyterian) before they could even diagnose what was the matter with him.
France, at #1, the country that lost some 20,000 grandmeres and grandpere’s in their last heat wave…
Socialized medicine, you can keep it.
yep JakeGint knows more about world health care than the World Health Organization, his facts are not crock o shite! So what was the bill from the hospital for your brother? LOL, just wait for the retroactive cancellation of the claim, then we will see how much you love good ol’ USA, heack he could have a pre-existing condition that he didn’t know about, which can also lead to retroactive cancellation. By chance do you knwo anyone who works in HMO’s? Didn’t think so……wow one case of your brother can change the statistics, I suppose you got your education in the good ol USA as well, that would explain your grasp of stats, and your brainwashed views of the health care system…
Time to double down on SMN, last second trade
Update: its not working
At the high of the day 4 minutes before the announcement?
So if all is good may I ask why the rate cut? Hmmm…
I bought SKF as soon as you turned bullish.
Another winner. You ARE the MASSES, my friend.
Enjoy those longs — they’ve got one more day before they fade away.
Fed won’t bail you out now — at least not untill 11,900
Zephler, simple question.
Name one country who has a healthcare system that is better than the U.S. in terms of level of care, availability, and research.
Gold takes a hit, but oil goes higher. I believe in the short term, oil will go higher for another month max. But I really think it’s going to move on it’s last leg upwards.
“peak oil theory” and the idea of extreme estimates of major shortages coming extremely quickly has long been pimped by all the drillers and oil companies so they could price it higher. Now they’re saying “it’s all bull” as they worry that people are looking for alternatives energy more aggressively. Some put the peak at 2010, others at 2030 or 2050. I don’t know, however, I certainly respect the fact that oil can go higher… However, I think after it’s final move, which should be another month, that the best bet is against it.
Some guy named Raymond J Learsy has some articles about how peak oil theory is bunk.
I’ve been saying that I think oil is in the process of peaking, and I still think there’s only about a month left in it. There’s too many variables coming out. That indicate it should go lower.
Election year makes it a major political issue, we’re going to start drilling a LOT more, it’s only a matter of time.
High pricing makes it a major economic issue, fed finishing their cuts makes for a deflationary decline.
Billions of barrels of oil in the Bakken. New discoveries of many times (25) more than anticipated oil in the Bakken AKA the Williston Basin, and new discoveries in Mexico, South Brazil, increased permits in Colorado, Kansas, Texas, and Canada, in the alberta tar sands, etc.
Baby Boomers retiring where they will sit around all day, and not have to go to work everyday, and the greatest fear is running out of retirement money, so odds are they aren’t going to travel much.
Baby boomers make up a large percentage of the population, and they’re prone to injuries, dementia, being put(locked) in a home making them unable to drive… They are also prone to death.
Prices will reach exhaustion period where people will get jobs closer to home, and people will start carpooling more.
Environmentalists are freaking out about energy consumption and global warming, autos are responding with more fuel effecient vehicles.
Innovations in extracting oil from algee
Innovations in alternative energy, wind, solar, etc.
China to increase wind power energy dramatically.
Deflation causes dollar to rally against oil, or in otherwards if oil remains flat, it will go down.
Scarcity of oil is the #1 reason it’s priced so high. Market is pricing in future demand outweighing supply shortages. Supplies are not as short as anticipated. If there’s new discoveries frequently, are people going to be afraid of running out?
And as Jake said earlier
You know oil’s topped when even the commie idiot-rags are saying start drilling!