Feel free to get drunk and short stocks.
Carry on.
Top pick: short [[HRB]] If you enjoy the content at iBankCoin, please follow us on Twitter
Joined Nov 10, 2007
23,452 Blog Posts
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CINF is such a juicy short,
Check it out
I’m going to get stoned and buy stocks. Hard to think we can blow through 11,800 first try.
short HBAN @ $6.60. It’s spelled “bank” not “banc”, you frickin’ homos.
You stole that pick (HRB) from Mr Mortgage!
Theeif ! [sik}
DJIA to 11500 next week. Fuck the world.
“The Fly” does not steal anything. It was given to me.
BTW: GM to zero.
Corporate default bond protection at new highs. Watch those shoes.
Fly is it time to play, sell the winners (Ag, materials) as everyone heads for the exits?
Short POOL … ya think their biz may take a hit? ya think?
Pool Corporation (POOL) is a wholesale distributor of swimming pool supplies, equipment and related leisure products. As of December 31, 2007, the Company operated 281 sales centers in North America and Europe. POOL serves approximately 70,000 customers, none of which account for more than 1% of its sales. The Company primarily serves five types of customers: swimming pool remodelers and builders; retail swimming pool stores; swimming pool repair and service businesses; landscape construction and maintenance contractors, and golf courses. POOL conducts its operations through 281 sales centers in North America and Europe. The Company’s primary markets, which have concentration of swimming pools, are California, Florida, Texas and Arizona, representing approximately 54% of its net sales during the year ended December 31, 2007.
we will close down 300 pts
Jeff, often when winners are sold, it means the end of a leg down rather than acceleration.
I’d say thats true 90% of the time. This may be the 1 out of 10 outlier but not a high odds bet.
just not feeling panic…not taday..not yet
HRB is going to ZERO.
News pending pending. Good call FLY
EUR-USD 1.5627 0.0122 0.79
HRB? News? WTF? Did people forget to file their income tax and skip a mortgage payment?
Where’s Jake? I’m sure he’s got something to say about all this.
I died today. The excitement of banking coin was too much to handle. The old heart just gave up on me. Sorry guys.
Guys, do you have a link to mr mortgage’s analysis of HRB?
lol
Beazer Homes Raised To Neutral From Sell By UBS
Shit, the heart is well under the required 47.5 year old “Logan’s Run” requirement, thank you.
But we do know your palm stone is black, A-dawg!
Anyone real bearish needs to have a look at the QQQQ’s. Still above last Thursdays lows ffs. Buy Buy Buy!
HRB bottoming here!
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(Not!)
_
Actually, the Cubes have worked themselves through quite a bit of hard Fib resistance and now have really only that last 61.8% line down at around $46.95 keeping them from heading down the Hidey Hole of Techy Turdom.
I’d wait for a slight bounce/retrace to the recently penetrated LONG TERM 38% fib line at $47.80, and then freely short the crap out of them again there.
That’s what I’ve got set up, at least.
So do we gap down Monday or bounce at the open? Every board is talking about HRB, does this mean it’s oversold or is there plenty further to fall?
TNH. Weekly chart shows loss of momentum with lower volume at each higher high.
HRB Puts:
7/19/08 20s, almost 23,000 today.
Najarian will have something to talk about tonight.
GM, F, and Chrysler LLC’s credit analyst have been buying up near subprime paper from those crooked dealerships and rolling them into 72 month loans just to get into their strategic risk model for the last year. It’s unheard of seeing a loan less than 60 months. How long do you think these type of consumers who buy out of their means can go without their vehicles being repossessed. The auction markets are only giving 25% of the assets value. The used car business is extremely profitable. Further losses coming up for those in the automobile business.