Come on now. You didn’t think “The Fly” was going to be wrong forever, did you? Long term readers of this site should know: “The Fly” wins all the time, even when he appears to be digging his own grave.
All of a sudden, my appetite to curse grows, as the Dow power dives lower, spearheaded by the morons in velvet suits (bank CEO’s wear velvet suits).
Let’s see what I have going on:
short Lehman Brothers Holdings Inc. [[LEH]] , short TCF Financial Corporation [[TCB]] , short Morgan Stanley [[MS]] , short Goldman Sachs Group, Inc. [[GS]] , short [[FED]] , short Pacific Capital Bancorp [[PCBC]] , short Cathay General Bancorp [[CATY]] , short Vulcan Materials Company [[VMC]], short Bank of America Corporation [[BAC]] and long [[SKF]] , [[SRS]] and [[FXP]] .
See pal, that’s who I am and you’re nothing.
Go ahead and keep playing with your straight edge. Be sure to keep your head deep in the sand. In the meantime, I’ll continue to bomb your flabby torso from 10,000 feet above, traveling at supersonic speeds.
In other news, some of my longs are following the convoy of hell lower, namely Wachovia Corporation [[WB]] and Chipotle Mexican Grill, Inc. [[CMG]] . With CMG, my stop is one point lower. With regards to WB: I will sell it at $30 or $10.
In closing, I would like to thank all of the bullish bulls out there, for providing me with the jet fuel to bomb you, via crushing your erroneous long positions.
Remember boys and girls, we’re in a bear market—not a bull.
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See pal, that’s who I am and your (sic) nothing.
What he said.
Amen .
now that thats outta the way –
ok kiddies, ready for another run over SPX 1300? (not today, obviously)
I wonder how the banks will react if that happens?
Fly,
A stopped clock is right twice a day.
Yawn…….
I where pjs, i don’t know wear they are at the moment though…
Cash is king for a while. The only true trade is FXP. This is a cowboy market only lucky fucks make large coin.
I am back to 100% cash until I see extreme oversold conditions. Charts and shit don’t work in this market. Shit meaning Random Walk and Fundamental analysis.
Fly Be Nimble
Fly Be Quick
Scalp Some Profits
And Keep Swinging the Big Dick!
C-
Better Than You:
Obviously you do not read this site. 8 out of 10 times I hit my mark with God-like precision.
Coffee is for closers only!
I lose two times on purpose, in order to give you retards a chance to catch up.
Nice to see you have stops for WB. If your still in KBH I’d recommend holding on and not buying anymore till it’s down big. It will bounce big some day. Wait til there is a nice bottoming tail on the daily.
Oh no, perma bull AJC sees some disappointments in the 2H of the yr _ I guess that means we’re not going to 1520 (or whatever her call was back in Jan 08)
expletive deletives will be raing down soon …..FLY will get back to his foul mouthed persona tout suite
Tomorrow’s Headline….
Larry Kudlow Found Dead with Pencil in His Neck
Police report a man wearing a suit and white gloves was seen fleeing the scene, more on this later……
King Dollar is back?
Eat it Larry, eat it.
The Chairman of First Federal prepares to greet guests at the company’s annual meeting.
‘Sup dudes!
I didn’t think I had a chance in hell of making my money back on my $20 XLF August Puts. Holy shit I’m almost in the money!
Jake (and Juice): gold and silver at a short term bottom here? SLV seems to have bounced off the 14.40 area for now and my GG is moving up nicely.
Opinions?
Boca,
I got some more SLV the other day at a penny over Bruce ($14.45). $14.38-ish was the 61.2% retrace, so I’m thinking that area should hold.
$78.07-ish (i.e., “$780 POG”) is the GLD 50% retrace, and I was expecting it to get there, so I have not added any yet.
–
thanks Jake
Merlin says “your bullshit sell off is about to reverse”
your bullshit intraday bump up is about to be nuc’d
donkeypuncher,
The Fly, as usual, is right… “See pal, that’s who I am and you’re nothing.”
ie. you’re = you are. It makes no sense as “your”
your: is the possessive pronoun form. This form is used to express that something belongs to “you”.
Egregious.
You will pay dearly for this.
I have never, ever wore a velvet suit.
Don’t forget to take the piss out of IYR as well!
Mr. Lanty Smith, Chairman and CEO of Wachovia Bancorp arrives at Fly’s house to thank him for his trust.
__
Fly – Blown up w/ ZION…can I borrow some money, I’ll pay you back friday