Let this be a reminder:
I don’t like you. Actually, ask anyone, I could care less about traffic or other things that measure a blogs success. For a long time, I never linked to anyone, because I don’t read other websites, mainly because they fucking suck. If you fuckers think I am relying on this site, in any shape of form, you are gravely mistaken. As fun as it is, I will shut this fucker down and guest blog on Howards website for the rest of my life, or until Howard dies.
I post my trades, for good or for worse, not to help you, but to entertain. Everyone loves a good train wreck or greatness. As you know, I am the latter. Unfortunately, since the market has cratered, there are many new readers on this site. These people have deformed faces and wreak of pig shit. They leave dumber than normal comments and think, for some reason, that I give a fuck.
Listen up: I don’t.
As for the market:
I will not sell into this commodity rout. However, I did blow out of the banks. I didn’t sell [[UYG]] because I thought it was going significantly lower. It’s simple math.
Should the market feel the need to retest the lows, the banks are going down. Now, my gut says we go higher, so it’s kind of counter-intuitive. But, with the markets this weak, and my gains north of 40% for the year, I had to hedge.
With my remaining cash, I will complete my final round of buys into The Mosaic Company [[MOS]] and National-Oilwell Varco, Inc. [[NOV]] , at lower prices.
If you enjoy the content at iBankCoin, please follow us on Twitter
The entertainment value is very high dollar and first class.
I don’t know what the means, but fuck off.
I love this site – fuck them.
“I don’t like you.”
This is an interesting angle, with respect to garnering traffic for your immensely gay PPT.
Well, naturally, you’re relying on the fail-safe and profitable picks of your PPT service to absolve of you common decency, etc.
Good day to you sir.
I am buying blocks of SKF into the closing hour.
The comments section from the likes of Juice, Donny, JakeGint and others is what makes this site great.
Oh and Anton. Funniest guy on the internets.
LEH CDS settlement went without incident
Your not making your moves fast enough fly, you shoulda got SKF earlyer today. Regardless,I will not question you O great one.
Curious:
Fuck you, you’re banned. PPT is something that I created, because I love it.
I intend to offer it to you fucking ingrates for peanuts.
Fuck off.
I enjoy the site.
Fucking off now, aye aye sir.
How ’bout a late day panda pic?
The haters always come out during times like this.
I’m long Haterade and short DevilDog.
Jordan-like shot at the buzzer, Contractor.
Damn, I’m drinking BOOKER’S already as we decline and close at the lows today and head to new lows on Friday. AAPL…DIVING…DIVING…YOUR WELCOME BOOMER!
SDP breaking out and headed to 142 again. Get on board stupid bulltards if you want to make up for your stupid all is well long bullshit positions.
NEWS ALERT: The white house has paraded out carlos goofball to talk about stimulus package paid for by more debt. All is well…continue new bullshit market to DOW 80K.
I have never been so mad at the internet in my life. You fuckers really know how to piss someone off.
Sorry guys. I have kids to feed.
Devil isn’t bad. It’s the little bitches like Curious who vex me, with their seemingly clever comments. They are first class asshats.
Fly, thanks for the site. When you are at your worst it is by far better than all the rest at their best.
DevilDog, Donny was early on the DUG on Monday but that worked out pretty well.
Contractor +10 Karma
calm down fly i love you man we all have bad days and good days. When you are good you hyped up all over the board. It’s OK dude,,,better days are coming. I brought lot of stocks form you like NOV and MOS UYG but unlike you I got out yesterday when we were green. LOL hey I still RESPECT and LOVE you man
Everyone stop posting stupid shit. You’ve angered the Stock God! You fucking mastodons know who you are–you non contributing piles of shark shit! May Fly ban Devil Dog.
THE FLY IS GOD!
bravo fly–now carry on.
This is NOT a democratic website. It is a Dictatorship. I run this shit with a titanium fist.
Developing…
stay in the game. never give up.
thanks Anton, got Jake in a leotard sinjed in to my head…sort of like Jim carrey on living color playing the russian female bodybuilder…bet jake would have so much “room” he’d need a belt to cinch it.
DD – I covered at 96. Will wait for retrace, maybe 97 or 98 and leg in.
I am legging into more longs here.
I still have too much cash
I am having my legs cut off. We are both “legging.”
I LOVE THE FLY
THE FLY CANT SAY THINGS LIKE THAT EVER AGAIN
Thanks fly. Everybody needs a ying to their yang. I hope you don’t get hurt bad. BTW, I’ll buy some MON next week. No MOS for me…sorry.
yeah everyone chill the fuck out. why not instead listen to Stars new album and be happy?
http://hypem.com/search/stars%2014%20forever/1/ (hit play on the bottom)
Bennet Sedacca
02:15:00 PM
No positions in stocks mentioned.
Deflation defined
Obviously, those working with ‘efficient frontier analysis’, ‘stay the course’, or ‘correlation matrix analysis’, are finding out the hard way what a ‘1 beta event feels like’. When everything falls in price. Like now.
Back when I was just starting in the business in 1981, I asked an old-timer client of mine who had lived through the Great Depression what deflation was and why it causes Depressions.
His answer?
‘Bennet, when I was 10 years old, candy bars were a dime so I bought one. When I was 11 years old, candy bars were a nickel, so I bought two. When I was 12 years old, candy bars were 3 cents and I couldn’t afford to buy any’.
Enough said.
As much as I hate to witness what is happening to the global system (I have long said that I hoped I would be wrong about credit markets and the economy), but unless something changes dramatically and quickly, the candy bar story may come true.
It looks like this market is setting up for a Cashin whoosh.
Keep some powder dry.
SPX 750-810 looks like a decent place to circle the wagons, then we can get back to the business of kicking old men down flights of stairs.
Its all good groupie…this is when Fly is at his most creative. The time machine is red-lining as we speak with black smoke bellowing out of it.
TIME MASHEEN! TIME MASHEEN!
Anyone loading up on more UYG down here?
Situation:
The Fly is presently tied up, on the 18th floor. The abductors are throwing bear shit all over The Fly, and threatening to feed him to the fucking lions.
Fear not Mister Fly, that little primate mother fucker will bounce soon. Bank on it.
All malcontents shut the fuck up and go back to the Yahoo message board.
I just broke my trader/servants leg.
Developing…
I an in nyc Fly, lets go get some coffee and cool down. maybe laugh at some homeless on the way. Your 40% gain on the year is more than their life’s investment profit. They dont mention how much they lost while they finally got a few right.
BOOMER…good move. I’ll probably cover my recent AAPL SHORTS at $85 tomorrow or Friday as it seems where the idiots want to buy and play that bounce. I’m holding my $178 SHORTS for $46 in the next year or two. Good luck!
Yo Fly,
Apologies if I was out of line…just trying to make a joke while getting my face ripped off…
“You fuckers really know how to piss someone off.”
Well, they’ve been tutored by the best, Seen-Your Fuck Face.
Look, Ali got BOOOOed in his prime. You’re getting flamed by NASCAR fans who drive their RVs to the track early, get drunk on warm PBR, root for crashes and then go swap each others’ hideous, tattooed wives. You let this piss you off?
The carnies come with the carnival, Petey.
Back to winning now, yes?
what you’re saying is that your fist is now seemingly worthless. We can all buy titanium fists at these prices. Change it to god-like fist.
tell us some more stories about vengeance, scooter. your stories are awesome.
Fly,
What a difference a day makes. I personally made a fortune on your NOV long call since last week (not that you care) and I can bet lot of people made money following you. However, they do not raise a toast or thank you when they make money. Somehow they feel it was always theirs. Idiots.
Redundant point, but worth making nevertheless : Internet leeches are a bunch of lazy, ungrateful bitches, ignore them and carry on your Godly pursuits.
Throw a bone to the dogs when you are done and are in a ‘throwing things’ mood, nothing more.
Stockfan
buying SKF?
Ouch, that cant be good.
Do NOT chase this rabbit into the hole….
The ironic part is….Fly thinks that NOV has ALREADY dropped?
No no no, in fact, it has only been letting him finish his buys and get all averaged in around $27. Now it will drop into the teens. By my reckoning, $16/$27-average purchase price will be a minus 40%. It will probably gap down as well, which will preclude any possibility of a stop-loss exit.
Who the fuck is going to step in front of NOV? all the mutual funds getting redemptions?
GE vision: DOW down 410. But, we are off the lows!!
Quick break for limp dick cure commercials…
Then…when we come back…we discuss how the bailout…er fuckyou plan is being used by banks for two purposes: cash hoarding and buying other banks that have hoarded more.
Other than that, everything hinges on Jeff fucking Bezos
I’m not razzing Fly at all, thats the sad part.
I am actually his conscience, telling him that bullshit-dip-buying will be punished.
Fly= Bill Miller the 2nd
These people have deformed faces and wreak of pig shit.
They also don’t know the value of a good yoga class in pursuit of “cleansing the mind.”
Looks like the SPX and the RUT are going to do an “end of 60’s version teevee Batman” show, ovah heah, with close right on the triangle bottom.
Fuckers never make it easy do they?
_________________________
chinese waterfall.
FUCK
Uh oh, anyone seen Boomer since he last fucked around with CRAPPL?
Gunmen spotted on Western Kentucky campus.
______
Wow, the hate on this blog is impressive. I thought people hated Dennis Kneale. Oh well, the market is going into the shitter, best to have a little fun while the going is good.
FCX is trading at 50% of book value, with no major debt maturities until 2014.
I guess it makes sense if copper and gold prices are going to $0.
I’m out of BOOKER’S but of plenty of $$$s off to the liquor store in my Venom 650R.
Without a doubt oil is going to zero ($0). They will be pumping this shit for free soon with blowjobs at the gas station for free. Blow job Betty will suck out your old gas before filling your tank with free crude products. RIG will soon be at zero ($0) since Blow Job Betty can just suck this shit out of the ground like Ron Jeremy on a fresh sluts tit. Woo Hoo I am going to buy me a fucking International Semi Truck. Saddle up sluts, its on!
Fly’s nemesis blogger, Tim Knight, is getting negative on the USD & hence positive on commodities… he bought DIG
Oh…just a reminder that the SDP train is now leaving the station for $140. All aboard!
he got stopped out .. that was quick
JG- I don’t know about mind-cleansing, seems like some colon-cleansings are what’s needed.
I just grabbed a bunch of shit, I’m an idiot. Something is wrong here, it might as well take me down with it.
Donny, I think DIG DUG a hole that has further to go.
Fly, nice pickup in SKF into the close.
AAMOF, I’m getting my colon cleansed right now, but good. Damn.
So the obvious trade seems to be massively short into the close. Which is why I am not doing it. If this market closes at the lows, I will punch myself for not believing that it could be this easy to trade this market.
Off to 875, no way around it.
This isn’t even close to capitulation. Volume was better than this last summer ffs.
The Fly fucking rocks.
TV is littered with clowns who say it’s the bottom when the market is higher, and assholes who say we’re going lower when the market is cratering.
Just like all the analysts who cut their targets and their ratings AFTER the stocks have dived 50%.
Idiots.
sso puts
Thanks for the heads up w/SKF, Fly. Bought a little @ 143.
Donny is still holdin it – I can tell. I will buy a huge amount of SDS here for a fee – that would brake this terrible carnage.
Mr. Market can be quite humbling….
Fly,
Sorry that did not work out today. We can’t win them all.
This is the most difficult market I’ve had to contend with in 30 years at it.
You are among the very best traders I’ve ever seen and I’m sure you will be back to your normal, mostly winning ways in no time.
Have a glass of wine, enjoy your family and I wish you a pleasant evening. Tomorrow is another day.
MRP
Buy this bitch now.
“I post my trades, for good or for worse, not to help you, but to entertain.”
you sound like you got a little cramer in you today!
Fly is.
@Fly wrote: I am having my legs cut off…
Luckily u have 6.
Jake – in a meeting. too many compact discs collecting too much dust. we decided that dust is “value add” and raised the price $3.
Covered AAPL at 96, missed the plunge.