Oh, the good news is we didn’t crash. Unfortunately, once again, the asshats who buy and sell stocks have decided to bleed this fucker out until it goes to zero.
At the apex of today’s rally, it was still gay. Stocks are so fucking timid right now, not even the hand of Zeus can make them ascend. There are no buyers, just jerkoff hedge fund managers getting blown the fuck out.
We might as well match Japan and touch down on 28 years lows, down to Dow 800.
Fuck it.
Naturally, I regret buying stocks today and selling my inverse etf’s. What the fuck was I thinking, betting on this stupid bitch of a whore going higher?
You cocksucking, motherfuckers.
At least I get to watch the Asian bullshit artists get clown raped tonight. God willing, those fuckers knife lower by 90% tonight.
Also, can Morgan Stanley [[MS]] , Citigroup Inc. [[C]] and Goldman Sachs Group, Inc. [[GS]] just fess up and file for bankruptcy protection already?
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Silver lining … The Fly can swear his motherfucking, cocksucking head off.
Don’t worry Fly. I don’t know what to say after that, but don’t worry.
“You cocksucking, motherfuckers”
That is some classic trader jargon.
What a fucked up tape that was. The last 10 minutes of trading was just stupid. Everyone is looking to sell into the next 3-4% rally, so when it gets up 2.5% they say “fuck it, good enough”. LAME.
slow chalkboard nail drag, then vomit, then fall on bed of nails, then lather in acid, then open eyes and buy SSO, repeat.
My wing man says Asia is the new leader. They will go higher first.
You’ve been wrong… again. Fix your fucked time machine!
Serious question for the Fly and co.
At what level do we start to talk depression?
DOW 7000?
I’m ready to fuck over some jackoff hedge funds. Time to blast these fuckers out of business for good. They can survive by cleaning my toilet with a toothbrush tied to their tongue.
tied=riveted
Fuck you foolio. Let’s see you do better.
silver lining part deux – Tim Knight loses, again!
(although, he does have a plethora of shorts & puts to ease the pain)
Fuck you bear market. There I said it. Again.
C’mon small fry, et al…you didn’t think we’d end up + with everything else down 5-10, didja?
This isn’t going to just change overnight to a bullish, risk taking environment. It will change, but not in one day.
Stocks like MTL (good luck 4k buy @ 330) will be out of favor for a while.
The new maxim isn’t location 3x, it’s “Risk, Risk, Risk.”
I’m getting frustrated. Who the hell comes in the last 10 minutes of the day and says let’s puke stocks down lower and lower? I mean if you’re going to sell, why not just pro-rate through the day.
Go long. Get an electric shock.
Go long. Get an electric shock.
Go long. Get an electric shock.
Go long. Get an electric shock.
Go long. Get an electric shock.
I’m having trouble figuring out what I’m doing wrong.
fly..win or lose..you r the funniest ranter on this MF planent..dude. Hope u bank some coin soon.
Fucking bulltard retards, flyfuck, ebignorant and donnydouchebag.
Un-Fucking-Believable.
This market is absolutely retarded.
Class on a stick.
EB-
Nobody wants to hold overnight. Get long the right stocks and you can make some $ overnight from these fuckers.
Fucking a, Fly I followed your advice and jumped out of all my inverse ETFs and went long. For the day I’m up .01% instead of 13%. Wake the fuck up man!
Screw you Devildog. I was up 2.5% today and I’m up the last 3 days with massively naked long portfolio. When the market does turn, I’ll bank even more coin.
Ass Napkin called it earlier today….
(This was written on The Flys earlier post)
Ass Napkin Mike Says:
Bottom fish? Are you kidding? The markets will continue to bleed all week other than the little bump they will get when the world cuts rates. Other than that, there is no reason to buy.
One up day out of five this week—doesnt chubb me up.
Stay short until May (ish) of 2009.
This scary “oh no short squeeze” is all bullshit. Even if we get an up day it will be sold like crazy, so its OK to stay short.
However, if you are long, do you really think the market is bottoming and you can hold long positions over the next 6 months or so? Do you really think the stock will trend higher?
No fucking way. The game plan is still the same as it has been– JUST STAY SHORT and walk awy. The global economies are fucked and not getting better soon. Stop orking so hard and driving yourself nuts (and lose money).
C’mon stupid.
October 27th, 2008 at 10:50 am
devildog…hope u get raped by a chimpangee when u step in to clean their poop in your new job.
Great. You fucking Nazi’s from Tennessee have been arrested for planning to kill President Obama.
Can we sell on this news too?
I want to sell
Fuck, first thing tomorrow, I will sell EVERYTHING and get long SKF at $250 for the ride up to 10,000!!!
Fuck you Nashvile
From,
Mr. EB DEVILDOG and The FLY
Odd,no?
Thanks for making it so simple Ass Napkin–youre right
Charlie, The Fly never gives advice. He just posts his trades. Do your own due dilligence before investing. Don’t blame him for your stupidity.
I was UP 18.8% today. Gone sailing. Fuck you Mr. Market.
Mr. Eb says
“Who the hell comes in the last 10 minutes of the day and says let’s puke stocks down lower and lower? I mean if you’re going to sell, why not just pro-rate through the day”
I have often wondered the same thing….I fully understand the motive and need for these losers to sell in size regardless, but…….damn………
MOS got gang-raped on the playground after school.
Aren’t you scheduled to go long tomorrow, DevilDog?
Be UP way more tomorrow. Ship to Shore…Come in please…Fuck all bulltards…DIVE…DIVE…AUGUHA…AUGHA!!!
Go swing on a fucking windmill.
I’m staying 185% SHORT even through the bullsit FED rate cut rally. Much more downside ahead SO FUCK THE FED AS THEY ARE DEAD along with are fuckstickbulls.
How’s that margin account treatin’ ya?
….Bahahahahahahahahaha!
Charlie didn’t get hurt. However, tomorrow he will, when the market dives 7,000 points lower in the AM.
Sleep tight, Charlie.
“Go long. Get an electric shock.
Go long. Get an electric shock.
Go long. Get an electric shock.
Go long. Get an electric shock.
Go long. Get an electric shock.
I’m having trouble figuring out what I’m doing wrong.”
Lol + 30. Perfect.
“Who the hell comes in the last 10 minutes of the day and says let’s puke stocks down lower and lower?…. ”
Margin Clerks Union
Good news for Ag?
CF CF Industries prelim $3.70, ex $2.88 charge, vs $3.57 First Call consensus; revs $1.02 bln vs $1.03 bln First Call consensus
Also, the announced a 500 mill buyback.
CF will be caught in bed with a chihuahua, half-dozen eggs, and three shaved teddy bears.
FLY:
Tough day man. This is crazy crap… but 10 minutes of selling off shouldn’t change anyone’s thinking… what do closing prices matter for?
No reason to stay long commodities though – that ship has sailed it’s not going to rally back as hard as other things.
Jim Cramer Blog
The Needed Bailouts Have Only Begun
By Jim Cramer
RealMoney.com Columnist
10/27/2008 3:02 PM EDT
URL: http://www.thestreet.com/p/rmoney/jimcramerblog/10444437.html
If we bail out life insurers and hedge funds and the autos, throw in some more money for JPMorgan Chase (JPM) to actually lend this time, and start paying off the pension plans of states that are having shortfalls, we are going to come out of this, if we print enough money.
Believe it or not, all of that has to happen. You know what else has to happen? We need all of the CDOs, all $2 trillion of them, bought whole by the U.S. government, and then have them opened up by the government to make the mortgage borrowers whole. Then we have to help all those who bought homes who are underwater and are thinking of leaving their places — about 7 million people. Then we need $50,000 per household to renegotiate the mortgages.
After that, we need to be sure that individuals who have been crushed in their 401(k)s get stipends to make up for the shortfalls.
Hey, don’t laugh. If we had allowed individuals to run their own Social Security money, we would have had to pony up big amounts, so this litany isn’t so bad.
Now, here’s the sad thing about all of these bailouts: If they don’t happen, we could go into that depression that I keep talking about. None of this would make earnings go up.
It would just stabilize the economy at much lower levels.
Keep that in mind if people start saying that we have to many bailouts.
We have only just begun.
Random musings: I am with Doug Kass. I don’t know if Freeport-McMoRan (FCX) is a good long, but it is way too low to be shorted. This has to do with a CC debate that has been raging all day.
Good news doesn’t matter. It’s the bad news that matters. When the news is bad and the stock goes up then it’s time to buy.
Only daytraders can survive this market and if Obama gets elected even they (us) will be finished if Obama wins as I am reading he wants to impose a transaction tax on the people who wish to succeed in the market. Back to the law stuff or mowing lawns.
I notice that pig cnbc maria has been doing a lot of stuttering lately. Did she catch that affliction by sucking paulson’s dick?
That’s funny, because Asshat Cramer already declared that the Great Depression Part II was off the table. Sure doesn’t sound like it.
I also wonder if he changed his tune on Citi. A few weeks back, he claimed to be bullish on Citi (which he emphasized was a big change for him). Now as it teeters on the edge of going tits-up, I assume he will say he called it all along.
Fuck that guy.
DevilDog. You go pooch. I am banking along with you. Fuck the Bulltards and fuck bipolar Fly. Mr. EB Go roll in some goat shit.
Right on canuck. At least Canadians are smart and have BEAR balls. Hey, I was thinking of moving to Canada. Where do you recommend? TIA.
Devildog, good luck trying to monetize your SDP gains. You’ll drive it 30% lower trying to sell it.
The market is down 27.1% MTD October 2008. Was down 9.2% in September 2008.
October 1987 was -21.8% including the crash. November 1987 -8.5%, before big rally.
October 1929 was -20.3% including the crash. November 1929 -12.6%, before a big rally.
The rally will come and rip Devildog’s head off.
Topper Harley, go fuck a hedgehog. I’ll manage tomorrow no matter what the market does – I was 100% short this morning, pulled out, and went 15% long, which is why I still managed to end up for the day.
dexion, What do closing prices count for? Are your really stupider than Donny? How about LONG margin calls to start the day tomorrow. CRASH ALERT! Gee, who knew? DEVILDOG that’s who? BTW, tomorrow will not be the bottom.
Next Monday will be a bitch.
Market will rally after election.
Pete, the guy with the pony tail and the Devil’s beard, needs a visit to Edward Scissorhands.
Dog, I agree that the market it going down over the next few months, however there is a strong rally brewing in bailout money and rate cut action this week. If anything, sit out this week and rebuy the incoming inverse ETF lows.
damn straight DD.
Jeff Macke just referenced ACI and mentioned the stock had been “…taken to the woodshed.”
Bullethead gives a subtle shout-out to the iBC.
Devil Dog, quit bragging about turning $20K into $25K. Congrats, piker. The Fly (God) is worth at least 7 figures–just in his trading account. That is why you are Dave Moss in Glengarry Glen Ross and The Fly is Alec Baldwin.
Canuck visionary: How fucking dare you? Clip your beak shut, grab your S&M gear and have a wild time fucking Devil Dog.
Go long big oil and euro-bunds, they always go up.
This is the bottom
Devildog if you’re bearish on the market just say so, get off the fence!
DEVILDOG Says:
I notice that pig cnbc maria has been doing a lot of stuttering lately. Did she catch that affliction by sucking paulson’s dick?
No she got that afflication sucking mine. Did you really think I was going to polish my own knob.
Ok here goes. If the Dow closes this week above 8900, I will EAT MY COCK. Yes there you heard it. Chop it off with a butchers knife, Cut it into pieces, fry it with some seasoning and a little salt and proceed it to eat it with a steak knife and a fork.
Ass Napkin, FUCK buying out the CDO’s!
Let ’em fold and take that $2 trillion with them to the Brokers and Banker’s GRAVE.
And have our courts BAR all lawsuits related to them and other derivatives.
The Federal Government should take that $700
billion and assign $300 billion to the States in block grants, population-based.
Take $200 billion and start a domestic infrastructure renewal program.
And $200 for an Energy Independence program.
Not ONE FUCKIN’ PENNY to bankers and brokers!
We would rally 3000 points in 3 days.
The correct utensil would be the cheese knife, Mr. CAP.
Eat your balls too and it’s a deal.
No…the correct utensil would be tweezers
At 8901: http://farm3.static.flickr.com/2206/1702585652_395152aed3.jpg?v=0
ebignorant, this isn’t 1987 or 1929. This is much, much worse. Get it stupid?
If balls are involved, perhaps served as a passed hors d’oeuvre, then colorful toothpicks and festive napkins are suggested.
This Pado guy with his charts on CNBC now is wrong. We were not in a bad recession in 1987 and still in a growth phase until 1990. 1987 crash involved portfolio insurance and currency threats.
ritualistically shaved testicles, breaded and fried. Mmm, good!
IMF ready to print money:
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3269669/IMF-may-need-to-print-money-as-crisis-spreads.html
IMF ready to started printing money. One world banking here we come:
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3269669/IMF-may-need-to-print-money-as-crisis-spreads.html
The Fund is already close to committing a quarter of its $200bn (£130bn) reserve chest, with a loans to Iceland ($2bn), Ukraine ($16.5bn), and talks underway with Pakistan ($14.5bn), Hungary ($10bn), as well as Belarus and Serbia.
Neil Schering, emerging market strategist at Capital Economics, said the IMF’s work in the great arc of countries from the Baltic states to Turkey is only just beginning.
I agree with DevilDog. This is more like the Panic of 1873.
http://en.wikipedia.org/wiki/Panic_of_1873
Fill in Lehman or whoever with the banking firm of Cooke.
IMF…I’M FUCKED. Money out of thin air whether IMF, FED, ECB, JAPAN…doesn’t mean dick. It’s phony just like the USA economy. Debt will not disappear this time…WORLDWIDE GREATER GREAT DEPRESSION.
On a happier note..the VIX closed at the year’s high today. Gonna be a BEARIFIC day tomorrow!!!
Sweet dreams bulltards.
Off to drink rich man’s whiskey…AGAIN!
Zombie. you can join Cap for a penis feast du jour. DevilDog, I recommend Saskatchewan, especially if you like your balls frozen like mine are. Canadian stocks are diving like Cap on his privates. and our funny money is being shit on by yankee dollars. All you Fly bitches like Zombie can suck my frozen popsicle with your bi polar lovin lips.
http://www.youtube.com/watch?v=BUS6nKpddec
Fly, this is the second time I bought on your lead and the second time Ive took loses.This is also the second time that you did the old flip flop.WTF!THE FLY WINS AGAIN!
Canuck visionary: is it oxymoron night?
DevilGog: you’re freaking me out with your insecurity. IMF article is a negative short term.
Thinking of changing my name to CAP the Cockeater. What do you guys think?
Karen Tso looking perky and happy…thus Japan is going to get slaughtered again.
WTF did Fly expect…. Japan got the shit kicked out of it and was down another 170 in spite of our BS rally attempts.
Futures have already baked in another “ass clowning” (is that a word?)tomorrow.
At least Asia is original, those pikers in europe just copy us.
IMF. Those assholes couldn’t find their needledicks with a map from CAP the cockeater. Money isn’t the answer here. We need some transparency here and even then we suck. Our economic system has done fucked itself. Look out below. My crystal ball trumps Fly’s rickety time machine.
Jake’s been missing and now you have this Anyone see a connection ?
LOL CAP. I think Jake has gone to the mattresses. His cave is probably like Osama,s. Jake come out, come out your naziboys are in the DooDoo.
Cramer is killing ACI.Another stock pick from the fly.WTF!
ACI triples Q3 earnings, loses 10% on stock price. Good thing they didn’t quadruple earnings, they would have sold off 20%. BWAHAHAHAHA!!
Fly…I told ya CF was better than MOS 🙂
I can turn this market – it is trying to suck me in further – it wants my cash into FXP SKF SDS SRS but not that stoopid SDP. As soon as I buy big on these ETFs, it will be a 900 point rocket shot up! I have some SDS and SKF, but not enough to put me in the green today.
Where the fuck did all of you retards come from? You copy flys picks then bitch if it doesn’t go your way for one day. Go to the yahoo boards.
CAP/Canuck dipshitz – I remember reading Jake was going to see the Giants play Pittsburgh yesterday.
Sounds like you two need to take a break…or maybe “help each other” think of some new homo-erotic “wagers.”
Thanks Litter, Jake’s back, much to the Canuckistanian Third World Asshat’s Chagrin.
And to remind the petty ante third world dabbler, Jake bot 300 SPY puts last week.
So Jake’s fine, especially with the Giant win over the hard hitting, and hard hit, Pittsboig Steelers.
Still do not have my voice back.
One of the greatest games I’ve ever seen.
___
Pittsburgh people are very nice. Much nicer than the group of obnoxious Noo Yawkers I was with, many of whom were my relatives.
Geez, are they into the whole “Hines Ward” jersey thing, though.
___________
Used to live, for a short time, in the North Hills. I had a great time in Pittsburgh.
Devil Dog,
who ever is getting margin calls at this point is a real dumbass – if you haven’t shrunk your balance sheet by now or if you shrunk it and then went all in again – you are a retard.
Shed, those people live for their Steelahs.
Should’ve seen the air go out of the stadium when the Giants got that safety to tie it up.
They knew it was over.
I still have “no voice” even though I had two meetings upon returning this afternoon.
_____