Get ready for a Citigroup Inc. [[C]] crisis. With the stock knifing lower, sub $10, and credit default swaps through the roof, prepare for talks of a Citibank bankruptcy.
Fuck, right away, I will wire my money out of that shitbox, back into my JPMorgan Chase & Co. [[JPM]] account.
The rally, which was made from marshmallows and goose down feathers, has failed. Now, we’re coming for that transvestites (Art Hogan) bottom call, around 7,800.
Here we come you cockless bastard!
As an aside, I am thinking about covering some of my shorts tomorrow. I can see the market crashing here and knifing lower tomorrow morning, then bounce. Boing!
Until then, I will enjoy the bloodshed, from the luxury of my short positions, much to Tim Knight’s chagrin.
UPDATE: I sold short 5,000 Petrohawk Energy Corporation [[HK]] @ $14.50
UPDATE: I bought 10,000 [[UYM]] @ $14.89. And, I am selling my [[REW]] position, north of $133.
What a fucking debacle.
Holy TLT!
-DT
What a bucking febacle.
$100.
$100 ?? What, that’s how much money is left in the world?
Going rate for 10% of France next week? Target price for a cup of coffee in 2011? Total bids at the next bond auction?
Breaking news! The bulls and the bears:
http://www.youtube.com/watch?v=Ob_oD1IsYbE&feature=related
Fly,
What’s your shopping list for tomorrow? UYG UYM ROM?
Go eBay go!
Hey Barack you wanna smoke?
A joint?
We close green today.
C just got 100’s of billions from the FED! WTF how can they eat it.
Ed:
Go fuck a dozen eggs.
OMG, I might nail another call again. 5 for 5 going to happen soon. We will know in a few days.
http://www.ibankcoin.com/flyblog/index.php/2008/11/12/the-bankruptcy-boogey-man-is-coming/#comment-62959
I may have lost my arms and legs but I still have my torso you fuckheads.
C going down will propel the brown stuff right at the propeller. Holy fuck! What happens to our IB a/c’s?
Bennet Sedacca
12:36:28 PM
No positions in stocks mentioned.
Beware the spring…
We are now at critical support on the SPX around 840.
I am sure there are many stops below 840 cash and the ‘locals’ on the floor of the CME know where they are and will try to run them.
If this occurs, beware the ‘spring’ or false breakdown that gets many to short ‘into the hole’.
If we break and then recover and close above 840 a trading rally could occur.
In any case, volatility could be fierce.
Sorry EB, but if we don’t get sub 800 on the S&P, this is dragging on until Monday.
F-U-C-K … M-E.
F_U_C_K … M_E
I’m a dead man walking.
Guess which prominent commentator said this on November 5th 2008 @ 4pm?
“Yep. More deception ahead. This market sell off is on very low volume. We test 9000 and 940 and head back up. Time to buy back my SKF SRS FXP EEV puts for egregious 40-50% gains overnight.”
Egregious Gains?
Thunderpup you will be wrong. Cuz I’m “on fire” like in the old NBA Jam game. 4 for 4, going for 5 in a row.
FXP is Red
Odd, No.
4fl3x sounds like Devildog. Hmmmmm
Can I interest any of y’all in some surprise buttsecks?
Anyone?
The locals on the floor have lost their torso with CME trading below 200 today.
Oh shit. Bush is coming to the microphone at 1:55. Crash coming. Strap in.
I just grew an arm
fxp = toast
try again at 60
Watch out looks like they are about to pull the ripcord.
This market is similar to playing the roulette table…read, you lose, black you win…save your money, stay home.
Fuck you Rally Monkey. Herr Bush is preparing a methamphetamine injection for the big bad bear. Prepare to be consumed!
Grabbed some shipping and fertilizer stocks for a bounce.
TBT was a good buy this morning…
do not tell me we end up higher? is this the reall PPT at work…who the hell is buying stock?
The one time I dont ass hat dip buy is the one time I should have.
HK: $15.23 and yet still prints $14.46 on your post…
strange
Can someone fucking shoot Dennis Kneale.
Bot,
it was only 14.46 15 minutes ago. That’s why.
i was just about to right that gappingandyapping..
Viagra would be good right now.
I step away for 20 minutes and the market rallies 250 points.
WTF.
Here we go. I’m right again. Oh my god… I’m on fire!!!!
Here come the oils leading the charge I mean head fake unless you believe in the bull shit Art Hogan bottom
FXP very frustrating should have took profits..
Well I thought I was gonna eat a $300,000 hot dog today but it was free instead.
I’m fucking outa here my heart is going to explode.
When little bulls start losing money, they start saying things like this:
“Has the market priced in lower commodity prices owering the cost to produce goods hence increasing profit margins or allowing manufacturers to lower the price of products thus benefiting consumers ?” Nov 7th 2008
What an idiot.
“We close green today.”
——————–
Ed…that call is not lookin’ too bad right about now…
.
Thanks… figured it was the 15 min delay.
I’m a dumbass.
More:
“If the lows from yesterday hold, this will be a very healthy uptrend for the market – 3 consecutive higher lows. One can go long here with a stop at yesterdays lows.” Nov 7th
More idiocy.
That fucking cum guzzler Dennis Kneale had an orgasm when the DOW went positive. Do they really pay this transexual?
Used this gift to get more puts.
I was wondering why market got weak all of a sudden. I turned to my TV and saw the reason why. Bush is speaking.
Dub’s had a few Bloody Mary’s, no?
BOTTOM IS IN.
bought 100k DIA
bought 50k DIG
Is JakeGint in the house? if so, go here fast…
http://www.happyhourspro.com/store/wtso/html/store/index.htm
Just in case:
Selling REW/ buying UYM
Thanks alf44, im still weary of the last hour of trading though.
Besides, Im getting inspired by Mr. EB
I went to cash and made 2.4% on my eBay. I don’t trust the market when Bush is speaking. I may re-buy later.
HK is exploding higher.
As I said on Tuesday Goldman and SPY are going to give you another chance to make some $$ on the short side
market rallying while Bush talking .. odd, no?
actually, one of his better speeches .. not saying much, I know
Bush isn’t doing a half bad job in his speech on free markets.
Where has this man been for the last 8 years?
Bush rally – Bush wins again.
petsmart is interesting.
wait I was looking at pricesmart PSMT even though I had petsmart PETS on my radar
I do what I want, try and catch me
Usually the market dips when Bush speaks. I think EB may have an upcoming 5/5.
“I could go on. But the above tells me we are at the bottom. Sure these are historic times, but for the market to go lower, selling needs to occur and it appears that people with reason to sell have already sold.” Nov 10th, 2008
Oh well. Too Bad – the market did go lower. Much lower!
Will this idiot out him/her self? Or does the Fact Checker have to do it himself?
Ok I’m back long now. As a wise man once said: BREAK THE F**K OUT!
Looks like we retested and bounced. GO GO GO
Bush has to be super excited about retiring and chilling on his ranch and smoking doobs all day.
I just sold again. My execs SUCK today, probably stupid citadel market maker screwing me with their market making. UP 2% on the day, up 9.8% month to date.. woo hoo I may rebuy later
It seems Bush injected the Rally Monkey instead of the Bear. Buckle up, the cage door is opening.