I double and triple checked with my resident philosopher, chart chomper, astrologer, conspiracy theorist, gangster and Voo Doo Physician, and they all say we’re going north.
As a result, yet again, I covered a myriad of my short positions. I know this type of behaviour [sic] is not the one of a gentleman. Nonetheless, it may sooth you to know, I was drinking Earl Grey tea (with 2 cubes), while buying back shares.
At the present, I am still short [[HDB]], [[VLY]], [[WABC]], [[PACW]] and [[HRB]].
As for my inverse ETF’s, I didn’t change a thing. I am being bludgeoned in them, intra-day. I am long [[FXP]], [[TWM]], [[DGP]] and [[REW]].
To be honest, I am enjoying this melt up. Up until today, the market reminded of that Twilight Zone episode, where that guy was in hell and could not lose. From gambling to chicks, the dude was a winner. Eventually, it got old, drove him crazy, and then some devil guy ended up laughing at him, rather cryptically.
Let the retards (you) catch up and shit, I always say. I’ve been rolling on you goat fuckers for years now, like a cannon ball through legs. However, I warn you; I never lose.
During today’s trade, “The Fly” frantically bought [[UYG]], [[RKH]] and a few other nondescript items.
My thoughts are eloquently communicated in the following paragraph:
Under normal circumstances, the market should rally 200-500 points from here. If it does, I want to milk some of you short selling bastards, via egregious 200% upside ETF’s and other “nondescript items.” At the same time, I will keep my large bets on oil, via [[RIG]]. And, I will keep my meaningful short exposure in place, via inverse ETF’s and selective shorts.
In other words, I want my cake and I want to eat it too.
If you are trading this market, just remember to sell quickly, if you are not hedged or lack the luxury of a time machine.
QED
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LOL…that picture with Art is hilarious
Steel/Coal stocks significantly weak today
It’s all gonna go down together … all of it, including those fat ass oil co’s. Motherfuckin’ amateurs would do themselves a favor by tucking their $100,000 portfolio in a money market account.
DUG up another 5% today. Thanks Fuckers!
Brilliant pic of Art Cashin … “he kicked me down the stairs”. *big grin*
I am “paper trading” a meltdown today via double inverse ETF’s. Yes, feel like a wuss. The recent volatility has unfortunately resulted in some shrinkage, not just from the highs in my account. I am still nicely up for the year but all in cash is a nice feeling. At this point, better to be out wishing you were in, rather than in wishing you were out, I think.
paper trading is for pussies.
Fuck off.
Somebody here order a large rally with extra cheese? 30 minutes or less, guaranteed.
No thanks.
Edit: Sometimes it takes a real strength of character to say “I don’t know” rather than to engage in asshat fuckery.
Yeah, the graphic is priceless. “He kicked me down the stairs.” Classic Fly.
C’mon Gemini there’s money to be made out there in this market. Get off your seat and trade.
I can’t take this rally back now that you’ve opened the box. So you better “chow the fuck down”.
You going to average down your RIG position?
RIG IS UP MOTHERFUCKERS.
Keep betting against me, see where it gets you.
It will get you on a Mr. Mortgage foreclosure video.
Great post, 2 cubes… heh
more of an English Breakfast man myself…
FTK working nicely…
I gotta coupla cubes hangin, ovah heah! oh!
I’m short Cubes.
Much to my chagrin.
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Just wondering….
In what sense is RIG “up?”
Like in a Kierkegaardian “Either/Or” Hegelian critique way*… or what?
________
(*translation: “bullshit”, “complete nonsense”)
_
Hegel i.e. Hegelian, Jake.
Watch your cube short, might get painful in the nether regions of bodily parts.
Boca,
Too late, I am already riding a fully extended forklift, my underoos my only saddle.
Note: I fixed Kierkegaard’s spelling too!
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Letter Of Apology
Author unknown – sentiment shared.
For good and ill, the Iraqi prisoner abuse mess will remain an issue. On the one hand, right thinking Americans will abhor the stupidity of the actions while on the other hand, political glee will take control and fashion this minor event into some modern day My Lai massacre.
View with plain background.
I heard some Arabs are asking for an apology. I humbly offer mine here:
I am sorry that the last seven times we Americans took up arms and sacrificed the blood of our youth, it was in the defense of Muslims (Bosnia, Kosovo, Gulf War 1, Kuwait, etc.).
I am sorry that no such call for an apology upon the extremists came after 9/11.
I am sorry that all of the murderers on 9/11 were Arabs.
I am sorry that Arabs have to live in squalor under savage dictatorships. I am sorry that their leaders squander their wealth.
I am sorry that their governments breed hate for the US in their religious schools.
I am sorry that Yassir Arafat was kicked out of every Arab country and hijacked the Palestinian “cause.”
I am sorry that no other Arab country will take in or offer more than a token amount of financial help to those same Palestinians.
I am sorry that the USA has to step in and be the biggest financial supporter of poverty stricken Arabs while the insanely wealthy Arabs blame the USA.
I am sorry that our own left wing elite and our media can’t understand any of this.
I am sorry the United Nations scammed the poor people of Iraq out of the “food for oil” money so they could get rich while the common folk suffered.
I am sorry that some Arab governments pay the families of homicide bombers upon their death.
I am sorry that those same bombers are seeking 72 virgins. I can’t seem to find one here on Earth.
I am sorry that the homicide bombers think babies are a legitimate target.
I am sorry that our troops died to free more Arabs.
I am sorry they show so much restraint when their brothers in arms are killed. I am sorry that Muslim extremists have killed more Arabs than any other group.
I am sorry that foreign trained terrorists are trying to seize control of Iraq and return it to a terrorist state.
I am sorry we don’t drop a few dozen “Daisy Cutters” on Fallujah. (Note: a “Daisy Cutter” is a 10,000 lb bomb, used to clear helicopter landing zones)
I am sorry every time terrorists hide they find a convenient “Holy Site”.
I am sorry they didn’t apologize for driving a jet into the World Trade Center that collapsed and severely damaged Saint Nicholas Greek Orthodox Church – one of our Holy Sites.
I am sorry they didn’t apologize for flight 93 and 175, the USS Cole, the embassy bombings, etc.
I am sorry Michael Moore is American; he could feed a medium sized village in Africa.
I am sorry the French are french?
America will get past this latest absurdity. We will punish those responsible because that is what we do. We hang out our dirty laundry for all the world to see. We move on. That’s one of the reasons we are hated so much. We don’t hide this stuff like all those Arab countries that are now demanding an apology.
Deep down inside, when most Americans saw this reported in the news, we were like – so what? We lost hundreds and made fun of a few prisoners. Sure, it was wrong, sure, it dramatically hurts our cause, but until captured we were trying to kill these same prisoners. Now we’re supposed to wring our hands because a few were humiliated? Our compassion is tempered with the vivid memories of our own people killed, mutilated and burnt amongst a joyous crowd of celebrating Fallujans.
If you want an apology from this American, you’re going to have a long wait. You have a better chance of finding those 72 virgins.
anyone got any idea how long this rally will last?
3 – 5 days?
WFC will double by Friday then we can short it!
Anybody able to short RIG? My broker says there are no more available shares.
“I am sorry”… the sentiment is somewhat appreciated, but mein gott… that piece has to be what? Four or five years old now?
Surely there’s newer cut and paste out there?
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FLY has all the RIG shares, and is being selfish about lending them out.
The bastid.
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Signor Jake addresses the bank dip buyers:
_
Homies rally again. Buy the dips, Sell the rips. What a great trade this has been the last 6 months.
allcash-
3-5 days sounds about right (to me anyway).
hey crude-
what you thinking?
looking at both $WTIC and USO….bounce off the 50 day?
I am sorry you undermine whatever “value” or “humor” your cut ‘n paste post could have had with Faux “News” talking points and retard-speak.
“Homicide bombers.”
If you’re really trying to channel O’Reily and Hannity, go blow a Murdoch.