Fuck all this talk of insolvency. It’s very boring when it’s actually happening, as opposed to it being a virtual concept, if you know what I mean.
It’s sort of like how I get all happy and shit when Steve (my neighbor) loses money in his 401k plan, but feel bad for him when he comes to my house for a cup of rice.
Instead of getting all “emo” and shit, regarding the pending death of America, “The Fly” will do the patriotic thing and buy Citigroup Inc. [[C]] , as if my head was attached to my balls.
And, with regards to coal: I will make believe it is not down today. Yeah, that makes sense. Walter Industries, Inc. [[WLT]] is actually up $6, as idiots from China add coking coal to their baby formula recipe.
In short, this cannot be the end of our moronic financial system. There are so many people left to rip off. My money is on “goldilocks” and her whorish ways being able to infect another generation of plasma loving malcontents.
Top picks: Citigroup Inc. [[C]] , [[UYG]]
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Hey Fly,
There’s a sponsor’s ad for a book called “Guide to Investing in Gold and Silver”.
Should I click that today?
Unwanted financial advice: you’re better off in BAC, GS, JPM .. the country is circling its wagons around these cheesemakers
NEVER click on my ads. Every time one of you idiots clicks on my ads, I have to pay $1.
Cut it out.
Juice:
I have that base covered with UYG.
Everyone should find something that is moving and jump aboard with a small amount of coin and quickly jump out with a small profit. SMN was moving today but watch out for those reversals.
Click. Click. Click.
IBKR is showing you how it’s done.
Steve can always get a weekend job as a part-time lifeguard at the water park you all went to several months ago. Nothing wrong with that.
FLY-
Dont sweat the coal call-its dirty money anyway.
My prediction is that you will be up 9% on monday.
Good Times!!!
Fuck x 2
I just sold out my IBKR.
Bastards.
Thanks for the monday prediction, it holds as much weight as Tim Knight and his spastically retarded chart breakdowns.
C’mon Fly, Bruce…. you know the jingle. Sing it wit’ (sic) me:
The Schittyyyyy nevah sleeeeeeeeepsss!
Schiiittyyyy baaaaaaaaaaaaaaank!
__
LMAO
Who wil be found at fault when 4 (WB, DSL, NCC, FED) banks fail over the weekend? The goddamn Chinese and there short loving fuckery? I saw we start tossing nukes around before we can’t afford the fuel to launch em’
I’ll fucking barge, pun obviously intended you asshats, over your bullshit “Iceberg Capital Management”.
Wachovia must be so happy that the SEC banned those evil short sellers who were killing their stock.
-DT
Dino… I’m sure Gasbagrino will say it’s the Dems fault somehow.
speaking of icebergs…..
“I can’t help but compare our country’s situation to the maiden voyage of the Titanic. Everyone has seen the movie, so can relate to the story. The captain (Alan Greenspan) has been handed the greatest ship (United States) ever made. It is unsinkable. The initial voyage across the Atlantic Ocean has drawn the rich elite ruling class (financers & bankers) onboard. But, the lower decks are filled with lowly peasants (Working Class) who are sneered at by those in the upper decks. A maiden voyage should always be taken slowly. A prudent captain would not take undue risks. Our captain (Alan Greenspan) wants to make his mark on history. He declares full steam ahead (reducing interest rates to 1%). Midway through the voyage, the captain is handed a telegram warning of icebergs (potential financial catastrophe) ahead. If he slows down the ship, he will not set the speed record. He ignores the warning and steams on to his rendezvous (eternal disgrace) with history.
In the middle of the night, the lookouts (Ron Paul, among others) scream iceberg!!! But, it is too late. The great ship (United States) has struck an enormous iceberg (banking crisis). At first, it seemed like everything is OK. There are no visible problems. But, below the waterline the great ship (United States) is taking on water (massive mortgage write downs). The engine room (Federal Reserve printing presses) works frantically to stem the damage. The captain believes that the compartmentalization of the ship will save it. The expert on the design of the ship (Nouriel Roubini) explains that the ship will surely sink. The captain orders the band (Hank Paulson) on deck to distract the masses from their imminent fate. The owners of the ship (U.S. government) never thought it could sink, so they didn’t provide nearly enough lifeboats.
To avoid mass panic, the crew (government bureaucrats) has locked the lowly peasants (Working Class) below deck. They will surely go down with the ship. But, here is where our story starts to deviate. The band (Hank Paulson) decides that the women and children (Middle Class) should not be saved first. The ruling elite (financers and bankers) are piling into the boats to escape their fate. The captain (Alan Greenspan) does not go down with the ship. In a cowardly act, he leaped onto the 1st lifeboat to be launched. So, this is where we stand today. The great ship (United States) is sinking. Should we let the band (Hank Paulson) dictate those who get onto the lifeboats first? If we do, we will all face the fate of Jack as he slowly freezes to death in the icy Atlantic.”
http://seekingalpha.com/article/97517-on-board-the-u-s-s-titanic
Wachovia down 33%…didnt Cramer just recommended that stock yesterday along with Goldman and JPMorgan?
This is all a bad dream. A very, very bad dream.
It’s all coming down. Why? Because people are STOOOPID!!
Cramer is priceless.
The democrats caused cancer.
and global warming.
And the Internet, therefore showering porn on the masses.
At least they got that right.
-DT
Fly, someone had some really nice things to say about you today in the Slope of Hope post ‘The GOP Digs In’
WB going to way of AIG and Wamu?
It was the fucking witches
Or will they be allowed to fail?
OK. Change of plan. The banks will get their bailout money. But, we’re going to require that the banks forgive all the debt and start over. No, wait….I can’t do that. I am a banker. Shit!
Anybody got any more ideas? I’m running out of time ovah heah!
How am I doing?? Everybody happy?
I have a picture of Cramer in his bathing suit with goggles on-he looks like a fucking clown. I took it at a beach in NJ last summer.
Any bids?
Fly- it might look good in your office.
Barney, do what you do best – bend over
what kinda bathing thuit? A Thpeedo?
I love fucking witches!
In other news, I just found out USC lost to an unranked team.
ROFL.
Stare at my label with one eye shut this time, fetal alcohol syndrome Austard.
Your reading skills match your economic acumen.
But all is forgiven; just continue sucking me down!
who, me? OK then…**slurp slurp***
Memo to China, coal was supposed to go UP 10%, I said UP, you dipshits. Jeez!
Time to short WB to zero ? Oh wait we cant short. Nevermind.
Bailout or no bailout, soon I’ll be just a fond memory…
great post to the yutz’s on cnbc. pathtic. great fucking post
Holy Shit … Marc Faber, Dr Doom’n Gloom is living up to his moniker
unfortunately he knows what he’s talking about
that guy on cnbc just scared the shit out of me
Yo Fly,
So are you really going to hold Citigroup and UYG over the weekend?
Balls of steel my friend, balls of fucking steel…
Commercial RE up on short covering … I can tell you that there will be no ultimate bottom in the market without the likes of SPG being taken out back and shot.
These stocks are waaaaay too high and SRS is a shit vehicle.
I will not let this market ralley during my hour-Nope, not gonna happen.
Who will come visit me in jail?
Maybe a conjical visit from Erin Burnett?
I hope the FBI keeps looking at AIG, LEH, BSC and not me!
When I saw and heard Faber I started to sweat and headed to my bunker with the triple steel hardened door and from which I now write.
Is there anybody out there? Did the world survive?
Juice… You jumping on that shit vehicle?
Why the fuck are they cheering on the floor?
We are cheering because someone just caught Thain jerking off in the bathroom.
WB is now just a call option…
with an undetermined expiration date.
Wow, Armageddon never felt so good.
I keep waiting for a waitress to come around with a free drink.
Im getting fisted in the ass today.
resusancy .. I’m done with SRS, for now … probably now it works .. like when FLy finished with SMN, it took off and never looked back
anybody buying SKF?
all these fucking CEOs that are too chicken shit to sell shit for pennies on the dollar should man the fuck up and dump the garbage. take your fucking severance and GTFO, so they can get back to fucking everyone over outright, rather than all these surreptitious bullshit.
just fucking sieze the shitty banks and fire everybody. fuck them. let dimon and lewis have it all.
fucking BAC up nearly 2 today. lewis is getting something else. has to be. just don’t know what. WB, maybe?
fuck this.
i quit.
Juice I am with you SPG is F’d…been sitting through this pain and refuse to budge…that stock prints $70 by end of year
Rage… too risky to buy it now.
Keep what you have, but don’t hold it to close.
__
Hang around fuckers. You’re witnessing a hostile takeover of the USS of A.