I sold 75,000 GE @ $16.95.
UPDATE: I sold the rest of my GE, north of $16.90.
UPDATE II: I sold out of my BAC position, north of 13.70.
UPDATE III: I am selling out a variety of longs and adding to FXP and FAZ. This is a worst case scenario for the markets. However, with the majority of the proceeds, I will hold cash.
Fuck this shit. Time to raise cash.
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SELL YOU LONGS YOU TURKEY BULLSHIT GOD
DUG just went green
Master Fly, your broker is going to buy you a nice assortment of cheese for Christmas.
sometimes I really fucking hate the stock market.
long DUG
You fool.
Nah…just kidding. Smart move…never underestimate my ability to fuck up a free lunch.
Jeff
In for some DUG at $35.5
You mean DIG…
Got spooked out of BAC huh?
BAC’s ex-divi date is tomorrow, 0.32
I am going to do the triple inverse contrarian fade to the faded contrarian here.
Not before I take 3 shots of Patron though 🙂
Told ya sham-wow was full of bullshit. Even sham-wow can only hold so much bullshit.
NEW LOWS this month.
You’ve been warned again.
WTF? Fly, you change your mind so fast it’s nuts. Before it was GE to $20, now it’s GE is screwed to $10.
The Fed will continue to bail out the bankrupt, so the dollar is still screwed. I don’t see this market turning down like you are saying. This month will not be the same as the last 3.
Just moved my stop on SRS to $145.
Fuck if I’ll let my profits slip away today.
______________
And I’m out.
Sham wow bottom??
_______
Covered 2K GPS short from 13 @ 11.80…thanks to Ms. Scully for tip that all brand sites were down on ‘Cyber Monday’.
Never said GE was bad. Never said it was going to $10.
I am long from the 13’s and decided to take profits/raise cash, based upon my overexposure to the long side.
Nothing wrong with that.
I bought some sham wow stock. ticker CRAP
I was trying to follow Fly’s market spidey sense but the only person making money is my broker with all these commissions.
Oh, and RIMM can suck my ass. How’s that for poetry?
It’s called trading dummo
i got back in EBS on that dip.
Fly, this has got to be one of the highest rated ppt techinical, no?
ERX is ready to sham wow to the upside.
The Towel heads do not like $47 oil.
MOS looks solid heah.
Actually, EBS is the #1 ranked stock on PPT.
it was either that or tlt, i guess
Oh, and RIMM can suck my ass. How’s that for poetry?
Pretty sucky, but then I’m old school, and demand a modicum of rhyme and meter.
Maybe try this:
RIMM can suck my ass
Whilst I pass gas.
_______
I think Jim Cramer would like the PPT.
SLW will be the 2009 stock of the year
Jim Cramer just made a complete ass of himself once again.
Vat iz dis goose-schtepping??
_________
Bought 500 shs of WLP @ 32.36. New initial entry, same trade — see if it works again. Stop 31.5
The fly is no longer God as GE makes new intraday highs. I am God, booyah skeedaddy!
Donny
If you are keeping track of the times Cramer makes an ass out of himself, you have a full time job.
ERX will print $45+ this week
who is this 7-11 Dothead on CNBC?
Thank you. Come again.
GE to 20 looks more likely than 10 eh?
Anon,
30 is more likely than 10. However, the issue is when. It could go 14 to 17 a dozen times before it heads higher. There are many similar companies that everyone expects to go higher problem is most of them need to report a good quarter in order to take off. It’s a big holding pattern. It makes sense to cash out gains when you see them.