I am having my hair lit aflame, by idiots who think the world is ending, and you fuckers think it’s funny?
So the market likes to crash every other day; it’s into that sort of thing. After all, everything is “unprecedented” and entirely “historical.”
Look assholes, buying National-Oilwell Varco, Inc. [[NOV]] and The Mosaic Company [[MOS]] are ultra contrarian plays. Anyone who thought there was no risk, buying a stock down 70%+ from its highs is a fucking imbecile.
Aside from this wonderful oasis of internet fuckery, “The Fly” has real issues to deal with, such as my fucking head being lit aflame by NOV and MOS, not to mention [[UYG]] .
So, pardon me if I am not able to tell you fuckers to go fuck yourselves in the comments section. Just know, that I would tell you that, after any bullshit comments that you may leave.
Back to my gameplan of chasing shit down rabbit holes:
The action in commodities is as bad as you can get, as you know. They are all hitting new lows and all hope is lost, especially with the underlying commodities tanking.
Holding the fort, at least for today, is clearly idiotic. Although I hate to do it, I may force my hand to reduce risk, via applying my cash position into hedges. It makes sense for me, since I still have big gains. As for you: go eat a sandwich.
UPDATE: I sold out of my entire [[UYG]] position and rolled it into [[SKF]]
Clarification: In order to stop the bleeding and act somewhat responsible, I ate a small loss in UYG and went long [[SKF]] , in size. Also, I have a 25% cash position, ready to deploy by the end of the session. Regardless of what I want to happen or think, this fucker is nose diving, on a global scale. So, it makes sense to keep my destroyed commodities, while getting short a few bad banks. If I am top ticking SKF here, it is acceptable, since my longs will protect the upside. In short, I am late, but not stupid.
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Oh i’m eating a sandwich alright. A shit sandwich. Pass the dentene please.
been reading your blog for a long time now…
you sound shook up for the first time ever.
dont let the haters give you shit…these are unprecedented times and you should concentrate on your game plan rather than replying to shit bags who have too much time on their hands.
cheers
Sounds like a good time to buy….Nervously stated I might add.
Who knows anything at this point!!!
I wish a sudden death upon those that exacerbated our financial debacle…if we look to close below 8712 Dow I’m buying some SRS to hedge partial longs…GLT
Hey Fly you still own some SRS?
hey fly, i’m not understand why you always like to catch a falling knife? you know USA is still in a recession mode and it will go worse than everybody thoughts…
i say.. short OMG (Oh My God) this name really applies to its condition…
Tried to honestly warn you last night. But you’re too arrogant and have no vision about the real America built on a mountain of NYC bullshit. Fuck all NYC assholes. Reap what you sew.
I can’t decide if I should sell SDS here or hold for the possible crash.
The market was wearing a top hat this morning with fine leather italian shoes and the PPT system was the best thing since black-scholes…of what a difference a couple of hours makes
u mean -410 points is not a crash? unprecedented times indeed…
Hey Donny how’s DIG working for ya? Better switch to DUG before you loose all your criminal gains this year.
STFU with the PPT system already. You have zero access to it and have no idea what its saying now.
Fuck off.
Fly is capitulating on commodities?
This is my BUY signal!
BTW, I have lot’s of free time today as my accounts go SUPER DUPER GREEN! AAPL…DIVE…DIVE. SDP…CLIMB…CLIMB!
Hey Dog, suck a bag of dicks.
Im still waiting to see “traders jump off buildings, and so does the market!” in my morning paper, thats when I buy!
I thought my balls were afire. Until I grabbed my ass and found my right cheek was cindered.
Fly,
Always Win ? Booked lossed in UYG ?
Some conviction dude
I wondered what the fuck happened to my dartboard.
Any close that is down “only” 300 points is considered bullish now a days – didn’t you get the memo?
Maybe we can rally to -300 into the close – where’s that damn rally monkey.
Appl sub 90 by friday!
Fucking rally monkey. The bitch took my money and ran away.
Satan Hound … I spit in your face, as I set myself up for yet another egregious victory. Watch and learn.
The fly bottom is in. Bounce time here at 1:33 pm.
Dougie Kass says its a big quant fund going belly up today…
That’s not you, Fly?
Fuck everyone on this thread.
UYG is a must buy under $11 😛
oh I thought you were going to call the bottom here again.
You gotta think of this as a reverse bubble.
“Oh i’m eating a sandwich alright. A shit sandwich. Pass the dentene please.”
+3
Did the PPT suggest NOV and MOS?
Why would the fly – his bug self – not be benefiting from the PPT? Stil…working out the kinks?
Does this rather course turn of events bode somewhat ominous for the effectiveness of the much heralded and completely gay PPT?
Hey Fly
Thinking of changing my blog name to Ca$h from Crash.
What do you think?
I dont think the PPT (hybrid) Takes into consideration the bigger picture.
Scooter…Scooter…
Not hedging was immature.
This is bold – I predict the Fly will change to “I have seen the future and it has lower stock prices”
Tim–
POOF! Your bullshit sell off will soon be over.
Fly, I’m in long UYG @ $8.96, you think I should hold out or sell and take a small profit and cushion my cash reserves?
Hey give the Fly a break. The man clearly outranks all his peers in performance.
The best baseball players in history don’t bat a 1,000 but they’re still legends and in the Hall of Fame. So cut the Fly some slack.
fly, this is what these idiots are all about…
Schadenfreude (IPA: [??a?d?n?f????d?] Audio (German) (help·info)) is enjoyment taken from the misfortune of someone else. The word referring to this emotion has been borrowed from German by the English language[1] and is sometimes also used as a loanword by other languages.
Philosopher and sociologist Theodor Adorno defined schadenfreude as “largely unanticipated delight in the suffering of another which is cognized as trivial and/or appropriate.”[2]
OK…coffee break is over…it’s back out to the trading floor. So many margin calls…so little time.
Rip off my leotard and call me skanky, but I think NOV has bottomed here.
Buying.
___
Fly, Are you holding NOV through earnings on Thursday? This selling is overdone, no?
Hey Donny I’m watching DIG go down. Got any more spit? What am I supposed to learn? How stupid you are?
I’ve got a lesson for you. The market and DIG will be DOWN BIG tomorrow and Friday too to NEW LOWS. Watch and learn.
The Fly and DEVILDOG are selling. Time to buy.
Fly,
No problem, my balls still itch, by friday I will recieve my care box from Liberty Mutual.
YO
I will remember all of the fuckers who are taking pokes at me right now and seek vengeance upon them, in some form, in the near future.
I fucking ban every single one of you. I could give two gay goats about the comments section.
Tim Knight:
Your Mother is hermaphrodite and so are you.
Cubs.com fucker:
The difference between idiocy and effectiveness is the ability to change ones mind.
May you die in a puddle of pigs vomit.
Hey Devildawg, any predictions for the last hour – like dropping like a rock?
Jake,
Nice w/the NOV. Bounced off Bollinger Band like a 7 year old Chinese gymnast.
But I’m afraid you must continue wearing the leotard, Sir.
OK. I’m shitting twinkies and fruit pies right about now. Are we going to bounce or are we going to collapse?
Out of SDS.
Fly,
Peace brother.
Off to walk my wifes Bichon Frise, pus of a dog. I need a walk anyway.
DevilDog called this carnage. Fly should be bitch-slapped for his “godly” declarations earlier in the week.
This market can suck my dick, but not if it rallies, then I desire no sucking at this moment.
Put this on the wrong comment section (pre-ban), but I think $RUT (ting Goat) just hit the bottom of the triangle here and is about to make a break for the gold.
Caveat in that I thought it should have hit 506-507, but only got to low 509….
________
We rally on 11/7 @ 1:33 – 2:47p. Book it.
We’re going higher, saddle up, stfu, and watch
Out of SDS? I’m looking at getting in. Tasmanian Devil is on a roll here.
scum bucket Says:
We rally on 11/7 @ 1:33 – 2:47p. Book it
ALMOST TIME AND STILL WAITING FOR THE RALLY
The postings today are completely, absolutely, schadenfreude-like. Quite gay. Bunch of commie bastards.
You loaded up on NOV?
Look out below, we are fucking crashing…
Ohh, I am pissed as shit today…should have been a joyous time if I shorted
Stopped out EXM 11.5
This market is for gay red squirrels, only. I know gay red squirrels can’t trade, so fuck off.
long RIO 11.2…scalping
Every sock and commodity ETF I own is performing like shit. Cash is an 11% loser so where am I supposed to put my money?
Fly,
Shouldn’t you be following the trend instead of fighting it? Why buy MOS and NOV when they are obviously trending down?