I know Woodcheddar and Danny love the inverse etf products. However, this whole cap gains distribution shit just kicked my hatred for Profunds up ANOTHER NOTCH.
Bam ( Fly throws powedered sugar at his monitor)!
I know most of you imbeciles, like Dennis “The Commodity King” Gartman, believe the banks will magically begin lending again, come January 1st. However, for some odd reason “The Fly” thinks the banks are ham and egging it, unable to make loans because of their cloaked INSOLVENCY.
As an aside, my short position in LFC is off to a good start and the Bernie Madoff story is getting more interesting by the minute.
There is a distinct likelihood that I will do nothing today. But, in the event that I get in the mood to roll some dice, I may short some WFC, into the bell.
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Oh God!
FLY,
you should post this song:
http://www.youtube.com/watch?v=l8jzFnP40c0
Zombie drives a Zamboni. http://www.zamboni.com
Special message from proshares: http://www.laughparty.com/funny-pictures/New-Universal-Sign-for-Gasoline-1249.jpg
T tremendous
A ass
R raping
P people
C come
D die
S slowly
I just read about the fund manager Rene-Thierry Magon de la Villehuchet, who allegedly committed suicide. Usually news stories about strangers don’t affect me but this one did.
I prayed for him and his family.
Ratchet up the hate!
Seriously how is DUG trading like this. This is criminal.
i do not understand the issue with the ETF distribution. so what that you stuck with cap gain tax? Just sell it at the loss and that loss compensates the distribution tax, no? Whats the big deal? Is there something i am missing? Please no swearing when replying to this.
LMAO at FLy buying ERx at 45
T Taxpayer
A Ass
R Raping
P Program
I don’t own ERX, shut up. I own ERY.
DUG will pay out $6.06 in cap gain on 12/30.
Enjoy.
Cloaked….hahahahhahhahahahha
Enron on an industry wide basis.
The great unwind of ’09…
Not to complain, but QID is causing much vexation and consternation because of it’s bipolar disorder.
Just saying….
All I can fuggin say is BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM! BAM!
Bought HNR at $3.90 value play.3.60 in cash and 8.75 is book.
The Ultras are merely OK imo. I was defending the simplicity of the math.
They are good for daytrading, if you are so inclined.
The are good if you are on the right side of the trade.
But as a proxy to getting more out of shorting/long a basket of XYZ, they suck horse balls.
They use swaps to achieve leverage. There is no way they can win
china=100
2x = 100
chiner loses 97%
china = 3
2x = 294
china gains 90%
…lets just say the double loses 90% since, it can’t lose 180%.
china= 5.7
2x = 29.4
or say chine gains a more reasonable 40%
china = 4.2
2x =58.8
Chiner went from 100 to fucking 4.2, a 96.8% loss, and the goat fuckers from proshares made 2x inverse product that went from 100 to 58.8 a 42.2% loss.
It seems more like a capital loss distribution for me. Thanks Proshare.
dude you guys will get the money in a few days, man alive
Why are you spending $20 per month on paper towels? ShamWOW! only $19.95 + S&H
95.8, 41.2, die slow
Why are you spending $20 per month on paper towels? ShamWOW! only $19.95 + S&H
-scum bucket
Oh fuck no, don’t get this shit started again.