Barack the Builder, who is the official spokesman for the Bill Clinton administration, knows the economy like Beavis and Butthead knows fine dining.
If you are relying on government to get us out of this rut, good fucking luck with that fucker; you are in for a long, long wait.
The only thing government is good for is fucking up wars and keeping poor people in the idiot box.
Let your television be your opiate and just drink yourself to sleep, following a heaping bowl of macaroni and cheese.
In Staten Island, NY, the mayor (Bloomberg) is proposing a hike on the bridge toll. Get this: currently, the toll is $10. That’s not enough, according to Lord Bloomberg. He wants to jack it up to $14!
After all, we have the money. My money is his money, apparently.
As for the markets:
Bad/horrific news is having a muted effect on the markets. My guess, investors are jockeying for position, ahead of tomorrow’s employment data.
Oil is weak, despite the dollar going down. Retailers have begun the process of boarding up their stupid stores. And, finally, commercial RE is in the penalty box—as evidenced by my small wins in short KIM, short VNO and SRS.
Banks are sort of doing nothing, while semi’s and other tech names get the “homo hammer of certain death,” as evidenced by my lazy win in SSG.
This business of investing makes me sick. The people who are at the top of the pecking order, like Madoff, are total scum bags. Believe me, your broker has no fucking idea what he/she is doing. If you think your hedge fund manager is different, once again, you are wrong.
For the remainder of the day, “The Fly” is going to just roam around his office, thinking of ways to bank some coin, with the cash he has left (30%).
NOTE: Germany failed to raise 6 bill in a bond auction.
If you enjoy the content at iBankCoin, please follow us on Twitter
Fly to quit blogging.
developing….
freddy, please post your BUYS.
BTW, gold DOWN TO $600. Prove me wrong and buy some GLD here before it breaks out to $2000. I bought DZZ 2 days ago as posted here. I dare you to put up your money and back up your stupid bullshit mouth. Chickenshit?
I’m liking DGP here Ddogma .. no shame in losing to smarter players .. however something strikes me as odd about gold & I have an itch that says the smart folk are gonna get squeezed
if not .. I lose
place yer bets
DEVILDOG…you had no money left to buy anything the other day. Recall…you were 300% short on the likes of SDP at 95. Admit to all here that you are a fraud, ala madoff-style. It’s easy to make bets when you are playing with monolopy money.
Now why don’t you pick up your marbles (whats left of em) and go home.
The FLY
You are losing. This will not be your year. Yes you blogged, I raped you with my shorts yesterday. Pllzzzzz
Shorts did not perform well yesterday or today. So you had 1 good call. XOM. I think you got that off of Cramer.
Fly relax, take a vacation. Get back on your A-Game and we will resume saying
The Fly is god.
somebody get earnings season rolling, plz, so we can see the sham that is our economy in all its glory.
AAPL just flipped green.
i hereby rename the united states to ‘sham-wow!’
Fly,
Since your down so far this year shouldn’t you be referring to yourself as Broker A?
Anyone thinking about buying WMT here?
Banks getting hit here…JPM, BAC…Are these tells? GS under 80 by opex??
o’bummer
Fly is god, but Dennis Kneale is still an annoying bull ball licking assfart idiot……..and his dim wit co-hort Michelle Caruso_Cabrera? what the fuck is this twits purpose for breathing OUR air on this planet…???
FLY, have you had lunch yet?
I’m 300% SHORT in my trading account …the majority done on 9/19. I’m SHORTING more by buying IETFS in my IRA account which is 7 figures. Fuck off.
DevilDog says
freddy, please post your BUYS.
Why? So you can get tips from me and make money. You are the one talking bs, not me
Im in cash since yesterday in the morning…and I sniper trade, just waiting for my shot and Mr market will tell me when…
WOW devildog…..my IRA account has been reduced down to 7 figureens……..
Bravo – I picked up some GS $80 puts at $1.80 a little while ago. That’s my hedge against a disaster tomorrow, along with a lot of cash.
How about you people go fuck yourselves?
Pete:
I don’t take advice from idiot television people. I’ve been shorting XOM for as long as you’ve been stupid.
I was down 6% going into yesterday. I made back 3% in yesterday’s tape and, currently, I am up another 1%.
So, I am down 2%, YTD—with 30% in cash.
OOOOOH. How will I dig myself out of this hole?
“…and I sniper trade, just waiting for my shot.”
haha..nice Freddy. probably thats the only thing that works in this market
7 figues in your IRA = $1,286.000
I assume you are including the 3 zeros to the right of the decimal. You are a FRAUD. You should share a jail cell with Madoff.
Artist. no problem I’m at $9,999,999.99. I win.
This is why I am short semi’s:
http://eetimes.com/news/semi/showArticle.jhtml;jsessionid=1QMNG2KHFAKZAQSNDLRSKHSCJUNN2JVN?articleID=212700229
Reality, I’m sorry you’re poor. Sucks to be a stupid bull during the start of a GREATER GREAT DEPRESSION doesn’t it? God, please thin the herd of stupid cows and sheeples over the next several years. Thanks.
By that thought, you Sir shall be anointed the Postmaster General by Barack the Builder. Your first order should be to charge on comment postage. DevilDog and JakeGint would be the perfect way to “monetize” your site, in the words of an epic stock trader. At least that was his two cents, which ironically is what he trades.
Kill them all DEVIL DOG. Kill them.
DEVILDOG,
$10,000.00 is not considered 7 figures.
i know the market’s quiet and boring, but christ, grow the fuck up
NBR just sold $1.2b worth of 10 years at 9.25% anyone know how this is historically for the oil companies? AKA, are the rest of them fucked?
DD,
Go get some Gold and Silver, not SRS.
Enjoy yourself
“OOOOOH. How will I dig myself out of this hole?”
hahaha point, counterpoint.
Yesterday in Dallas GD layed off workers without notice. One of them came back to the facility with a gun and was killed by police. I told my wife 2 years ago that these occurrences would happen throughout the country. There have beeen several already in addition to many suicides beyond the national headline ones. I’m sure the Chicago CRE guy this week did not commit suicide due to the future CRE market since we all know that the recovery has already begun. Must of been a personal problem. I suggest you keep an eye on your local news for better indications of what is reality versus the sanitized news on cnbc and the networks. Party on! All is well!
Well it depends Bob, does NBR make money by sell 10 year notes or drilling oil wells? there is your answer…..
DEVILDOG…the only people that talk about how much money they have are the ones that really have no money.
The only way your IRA is 7 figures is if you count the three zeros to the right of the decimal. You are a FRAUD.
You should share a jail cell with Bernie Madoff.
Reality Checker is a man of great integrity.
So, thinkorswim getting bought by TDIameritrade, do I care? Any opinions?
The screen writter for Forest Gump lost lots of money with Bernie Madoff……but he will not slit his wrists….he will dig himself out of the hole when he gets back on top by writting the screenplay for his new movie about this whole thing with Madoff….you know it’s going to happen….
The market is again in a fucking dead calm……I miss the wonderful days of last october….
Fly….bring back last october please……..
Michelle Caruso Cabrera has big boobies.
yeh she does but that is also where her brains are kept….
During his accetance speech, the screenwriter for Forest Gump never thanked the writer of the novel without which the hack never would have won his faggot Oscar…
I’ll send the douchebag a nice box of chocolates.
DevilDog,
Mr Market dont care about that. You are just like a GS analyst downgrading stocks
WHO CARES?
My global growth/reflation/cyclical trades that got absolutely slobberknocked yesterday, are receiving an abundance of love today.
Sick fuckers control this market.
my only opinion is that Think or Swim is one of the dumbest corporate names ever for a bucket shop
“So, thinkorswim getting bought by TDIameritrade, do I care? Any opinions?”
I care.
Ameritrade sucks and I have a TOS account 🙁
Sos is doing a chat AH today so we’ll see the details then hopefully.
aumana, I can only hope it will be good for those with TDAmeritrade accounts, like some more improvements or refinements in their tools for active traders.
“Sick fuckers control this market.” yes they do and these very same asslickers are really pissing me off right now……could someone please either put a buy order for 100,000,000 shares of something like GLD or either put a short in for 100,000,000 of the same………something fuck….I’m falling asleep here……..Devildog, you’ve got the cash….place this order so we can have some movement……..
Wouldn’t it be ironic if The Fly had redemptions from his oil clients as a result of their failures?
— Financial sector is taking too long to push upward and are going to get axed.
— Oil is in for a smack in the face soon, hence why DUG is a damn good trade.
— Gold is going to go hand in hand with oil for a short period of time before recovering big.
— Real Estate blows, and The Fly (although always right) is very very correct on Housing Bubble #2 knocking at our doorstep.
Tomorrow is important.
Want a good laugh? Check out JPM’s fundamentals… Cash Flow stats made me laugh my ass off.
ZM
“…your broker has no fucking idea what he/she is doing. If you think your hedge fund manager is different, once again, you are wrong.”
As of 12/31/08, my “conservative,” Buffet-worshiping hedge fund was down 60% in 2008.
People talk all manner of shit on this blog, heckling the hosts here like face-painting retards at a ball game, but somehow Fly and his pals have managed to better the best-hyped managers on the idiot box. Unless Fly has lost his mojo, time machine and artificial intelligence invention, I’m betting he does so again in 2009, throwing off sparks and crumbs for the rest of us via the PPT.
We all have people who depend on us for food and other luxuries — except for a couple of you morons who I am sure are institutionalized with internet access — and ’09 is very probably going to suck worse than ’08.
Mutual fund and hedge fund managers will not save you. And very few who post shit here will be able to save yourselves.
Boca, you will luv the TOS platform.
1) Who goes to Staten Island? They could pay me and I wouldn’t go there. There are 2 major roads and 1 decent pizza place. Decent. They should charge $1,000 in and $10,000 to get out and keep those fuckers where they belong.
2) 4fl3x – I am in the same boat. had an ameritrade account, have been with TOS for 1.5 years +/1. Love TOS, hate Amerishit.
Last thread, Bruce said:
Anyone else like the AMTD 4 SWIM deal? I think it rocks and AMTD is a winner.
I bet Andy Swan likes it. Fugger’s got like two gerzillion shares of SWIM.
Rich get richer (and taller).
___________
Dennis Kneale spends most of his time at the perfume counter at Macy’s. Right Fly?
Good post. That german govvie auction story is indeed noteworthy and here in full.
http://www.ft.com/cms/s/0/7b82664a-dd26-11dd-a2a9-000077b07658.html
Thanks for deleting the racist shit.
yes…Dennis does wear perfume and that is because he is a cross dressing faggot….in his off hours…..
I too have a TOS account. I hope their software stays the same. Their platform far exceeds anything out there. Especially when it comes to technical analysis and options trading
yay, sniper6 wins again. Sold PCX @ $7.65 and Karen TSO’s chicken @ $14.75
still ding-batting a thousand in 2009
Artist, sorry I’m tapped out. Fully SHORT in my IRA account as of Tuesday. Just sitting back and spewing my wisdom here for fun. Taking the F430 to get my hair cut at 3:30 cst so I’ll be on the road before the close.
good deal Sniper6…..now take that cash and move this boring ass market by buying 100,000,000 shares of GLD…….
GS and the financials rolling over the market will follow. MSFT and XOM only thing holding up the DOW
o-wow…F430? no problem Devil…..we’re going to get Sniper6 to move the market…..
Didn’t know that about Andy Swan, Jake, very interesting.
Stuart06230, thanks for the link. I’ve been thinking a lot about European economies the last few days, how their downturn seems to taken off with a bang, like an avalanche sending eurozone companies and governments into a 3 mile deep crevasse and about to get crunched to bits by the glacier. Our economy is in trouble, but they are in far deeper doody than we are.
This train of thought started for me when I read a few days ago that the Wedgwood/Royal Doulton/Waterford companies had filed bankruptcy and could not find a buyer or partner in order to restructure. Just about fell off my chair, Royal Doulton was always buying up all the smaller companies for the last 20 years. If they go under with no buyer, one of Britain’s major industries is at risk. Also found out Spode and Royal Worcester recently filed bankruptcy. The implication of this news is also that rich people are no longer spending on their usual purchases. Can’t imagine TIF will do well this year.
sorry, Artist, I’m using the twenty cents I made to launch an Ebay bid on slightly used White House dinnerware.
Dive…….WMT……..DIVE!!!!!!!!!!!
yeah, sniper6, Laura Bush sure got a bad deal, I’m sure I could’ve supplied a set of china with gold rims for less than $454,000 for the set.
yeah boca, they oughtta be using gold-rimmed Chinette instead
DEVILDOG –
While you are calling out other people, why not step out to your garage and post a pic of your F430 with a handwritten note that says DEVILDOG on the hood?
how do you post a pic on this blog site?
Me personally, I drive an F250
Didn’t know that about Andy Swan, Jake, very interesting.
No inside knowledge, B. Just that every time he gets a win on Twitter, he puts a little bit more in SWIM. At one point he was talking about a death wish…
Guess not!
_________
And this pic wouldn’t qualify, DEVILDOG.
http://i171.photobucket.com/albums/u302/uvadover/F430.jpg
Bonus points for your fade haircut.
880 completes a HS on the spx 15 min… then u know what…
If Wedgewood/Waterford is gone how will I be able to get by Obama plate and glass combo?
All I know is that I don’t want to be on the side of the equation where I win if the world ends.
Sounds lonely.
Look, there’s been many times when everyone thought the world was coming to an end. Late 70s, 1987… this shit is cyclical.
Let me add that I thought it was all over in November 2004, and we’re still here…
In fact, I’ll predict right now that 2021 is going to be fucked up… give or take 3 years.
-DT
Dennis must be a Gator. He is wearing an orange and blue tie. Probably a J school grade from Gainesville. Nice building. That is where we would get our toilet paper as we were poor.
Joining the Gold/Silver Gravy Train…
A Question:
Does anyone use Tradelog? If yes is it useful, accurate, consistent with 1099s etc.
Thanks
TraderCaddy Says:
If Wedgewood/Waterford is gone how will I be able to get by Obama plate and glass combo?
I just saw that at my local Walgreens. I can pick one up for you if you’d like.
Dennis is only one thing…..a flaming faggot…..
Trader:
If Wedgewood/Waterford is gone how will I be able to get by Obama plate and glass combo?
Good news!!! They found an alternate plate vendor in China:
http://www.victoryplate.com
back into PCX @ $7.25
Sniper6, short or long PCX?
mike- I have used Tradelog since 2000. It’s very fast and calculates wash sales if you didn’t elect mark to market as a professional trader. I have tons of trades as a daytrader and to be honest it has never matched my 1099 but is fairly close. Make sure it’s compatible with your broker.
Also check out this site.
http://www.vbssol.com/index.html
I hear simply track is decent also.
I jus loooooves dat Anton boy.
long, target $7.75, stop loss $7.10…looking for quick trade
On a day when retail announces that nobody bought anything in the last three months in the continental US, and the almost-Pres announces that the recession will probably go on forever, the market is down 50 pts or so? That’s a pretty clear message to me. The market is saying Senor Tropicana better get his act together, soon, and leave playing the “greater depression” to the lowly likes of his loyal readers…
DD Photo please.
TC:
Thank you. Now a follow up Q: If Tradelog doesn’t match your 1099 what do you do? How far out is it?
I have been using a bookkeeper to record trades (mostly options) but suffice it to say 2008 was not a good year and if I can cut overhead….
anyone here thinking about shorting Sears for today heading into tomorrow?
photo photo photo
boca
I have some Spode and when I went looking for an additional tea cup I found out they moved all of their factories to China with just a cursory store in UK.
Did that store close or did the entire operation of Spode close including China?
That would be sad news indeed.
.