Oh boy are the bulls a nervous group of loosers [sic]. Just yesterday, we were heading to 15,000. Fast forward one day, we are now setting up to retest the March lows. However, if we are to retest the March lows, shouldn’t that already be “priced in,” effectively allowing the bulls to shit down the decapitated necks of the bears?
I must admit, “The Fly” would love to see this market trade down to, oh, let’s see, 9,000 Dow. I can’t stand the market, with its constant “pricing in” mechanisms.
Regarding shorts, I like [[LEH]] and [[MER]] here. If you’re lazy and want a broad basket, go with [[SKF]].
In short, it appears the reality of run away inflation and a fucked consumer is finally hitting home, leading to knifing equities. At the moment, I am short financials, China and long energy— to sum things up.
As a reminder, my energy positions include: [[ARD]], [[NOV]], [[RIG]], [[FTK]], [[VSE]], [[BIOF]], [[AVR]], [[PCZ]] and [[CLNE]].
Don’t forget, the dollar is being “prison raped” today. Getting long gold, in a big way, is a fucked up way to invest; but it may lead to obscene profits—in the near term.
Top pick: FTK
UPDATE: Corn is weakening, late in the day. Should that fucker reverse, you want to get long ethanol producers in size.
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DJIA 9000 sounds about right….it will take us 18 months to get there though
hey, i looked into FTK…..good for a trade, but have you looked at the balance sheet? intangibles 3x equity….fuck that shit
Shit now you’ve jinxed it. Time to cover those shorts.
Pru energy analyst has had a long standing price target of $129.50 on crude, it hit today. Let me know if you want the research.
Forget Gold , get long Silver. SLV is like a leveraged way of playing GLD.
cap, if you want leverage, use DBS another way to play silver, but it trades options.
Watching to see if DCR goes below $1.00.
Haha “The Fly” is short the country of China.
Who’s talking smack about the USD$ now boyz?
Woodshed?
Beware Codex Alimentarius
Oh how I would love to see leh go to 35.
Dow 9,000? You’re starting to sound like old man Jeremy Grantham, sans the irreverance and colorful language.
I am not the Woodshedder, however, after today I may be safely considered the “Woodshedded” after the spanking of my long positions. Ouch. Today’s savior is XNL, thanks Fly.
http://www.xobni.com/download
7 and 7.
7% interest on the 10 year and 7K on the DJIA by 2010, and a corn filled turd in every pot.
Fly don’t know shit. He’s just a lazy assed city slicker. Corn will rocket higher. It’s been raining so damn much that farmers can’t get into the fields to plant. The planting window is closing very soon. There isn’t going to be shit in corn available this time next year. No corn, then pork and chicken will be worth more than Gold in 2009. Buy corn and pigs, sell the fly short.
Fly,
Cashing in on OMNI or holding?
Fuck you farm boy.
We’ll make corn from plastic, if need be.
Dumb ass farmers.
I once wanted to name my son “Seven”. Thought you might be interested in knowing.
JoeFarmBoy Says:
“MILK THE FLY”
one day left in this selloff before the PPT & Spanky Paulson toss some bear meat on the grill. I’m thinking thursday possible big ups. Up fm where, as yet to be determined.
Farmboy is right. The weather has been wet in the corn belt.
Traditionally, May 10th is the cutoff for planting corn. You don’t plant after then because you get diminishing returns per acre on your corn.
It just don’t make no sense.
Corn will hit new highs by this summer. Go ahead. Get drunk and buy ethanol stocks. See what happens.
Fly – How does one track corn prices?
What are your top gold tickers? You may have posted this, but I can’t find it.
Boomer–did you have a bowl of obvious for breakfast?
See, there’s this thing called a website on the internet. You use another website called “Google” to ask your questions and it will give you all these other websites where you can track corn prices. You might want to start with a futures exchange website or something like that.
Asshat.
Captain Obvious –
If your fucktarded post were to have made sense, you would have said something like “did you [forget] to have a bowl of obvious for breakfast.”
Kill yourself.
Fly,
I’d love to see DOW 10k again, at least for a little while. It would definitely improve the tone of trading to get some volume back…
-DT
Mr. Obvious: Fuck you. And I will start with the futures exchanges. Thank you. But fuck you doubly. I have never concerned myself with corn or other such things. Fuck you thirdly. Just for good measure.
Mr Obvious, would it have killed you to have said a similar thing with some respect for your fellow human being?
Asshat.
Aaay, havin’ some trouble wit da seed-corn plantin’ ovah heah!
My handle speaks for itself.
viz
CNBC BREAKING NEWS!!!
Hello Jamie…, er,…guy.
“I don’t necessarily think we’re halfway through or necessarily a quarter of the way through the effects throughout the general economy,” Buffett, 77, told reporters today in Frankfurt, Germany. “The initial effects are felt by the people who really did the silliest things, but you can have a whole bunch of domino-type effects that eventually can get to people who are doing fairly sound things.”
Fly are you buying SKS down at this level?
Hey, Fly, do me favah ovah heah…
Knock out aboud two ah tree fat rails foah me heah outta dat eight-ball on dah table.
Den knock a coupla rails out foah yaself, too.
Den go buy somma dat TMR foah me, eh?
Check out Fly and his expertise on corn. Ha! Fly you wouldn’t know an ear of corn if it was stuffed up your poop chute sideways.
Fly don’t know corn from cunt. And I don’t want the man to step foot on my farm. The boy’d try to bed my pig. And everyone out here knows that “Pigs don’t do Fly”.
Hey Junior Sample, ovah heah.
This is a “family site,” see?
Youse watch dat mout’ a yoahs, or youse gonna find y’self at the wrong end uh tha combine bailah, if you know whatahm tawkin aboud?
hahaha…Are we are moving from the Chinese accent thing to the country bumpkin/farmer/redneck thing?
Funny, and not considered racist. Odd, no?
You haf obveeusly nevah bin on Flatbush Aveneyoo, have ya, ya Red Sock lovin’ stunad?