This is what it’s all about. Bouncing frozen Monster Energy Soda’s off your fucking heads.
Today’s meltdown solidified “The Fly’s” gains, year to date, which stand at +8%, give or take a percent.
Hence the term applies: “The Fly” wins all the time, even when he appears to be losing badly.
For the day, while roaming around the vicinity of my offices, I enjoyed monster rallies in my basket of inverse etf’s, including REW, SMN, ERY, DUG, FAZ, SRS and EEV.
Know this, you’re not qualified to offer “The Fly” financial advice. His “winship” is too great for the likes of you. You are better off leaving iBankCoin’s website, in exchange for a Tim. Go give those assholes advice, they most certainly need it.
As for me, I will conduct myself with great honour and offer condolences to those of you who bet against me—in due time. In addition, it’s worth noting, I have informed Mrs. Fly that we are to partake in the consumption of 2 1/2 inch rib eyes this evening, over a fine aged bottle of Bordeaux.
You can talk all you want. However, at the end of the day, I’m the Blogfather of this finance game, while you’re just some pathetic loser, with bleeding out positions, that are out of favour with all of the stock Gods.
Off to prepare for this evenings festivities.
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FLY is GODLIKE! I hope the fall takes place this week… so i can dump my inverse ETF’s for good as well
Quit while u are still ahead. Haha, jk. Be careful of chop.
Hmmm, 8% would be a good full year for that fuck Bill Miller!
LONG NOV 23’S
Fly….your one of a kind that’s for sure.
Enjoy your fabulous dinner
I sold off those ETF’s for small profit as I am afraid to hold them as long as you did. I just get burned if I hold those ETF’s for very long so I sell after making small gains, yet you sell after huge gains…
Amazing….once again.
.
Crude
You may get a bounce. But NOV and RIG are doomed.
Another Shoe!
http://www.elpasotimes.com/newupdated/ci_11444354
Congrats, Blogfather.
Did you put your ski mask on today?
and another
http://www.telegraph.co.uk/finance/4229198/Shipping-rates-hit-zero-as-trade-sinks.html
awesome, Fly!
THE FUCKERY reunion tour begins……….
C shares sold 510 million. right on my earlier mark……
8% is nice Fly.
I’m 30.66% up so far this year (I am a keen follower of Slope of Hope, where the commentary and charts are very useful, Coach inc being a nice head and shoulders spotted by Tim recently.
Well done on your 8% though!
Happy New Year all…and Coach worth shorting if it rebounds anywhere near $20.
I was down a quick 6% or so. I still have 25% cash position, which has muted my gains.
Plus anyway, you’re trading a bullshit 3 figure account and I have a Donkey Kong cocked sized portfolio.
ROFL @ zero shipping rates. That’s some fuckery right there.
Hats off to The Fly for inspiring my purchase of EEV yesterday.
Are you going to stop dealing the diETFs when you stop using them?
Hey Only 8?,
Tim closed his short SPX yesterday and went long today again. how did that work out. smart… wait, then he went short. then long. and you made money from that idiot how again?
Fly wins again.
I’ve only been trading 14 months, banked £130k ( US$200k) in that time, generally only have $100k in my account….I’m happy enough with my size thanks!
Donkey Kong was a little tiny computer character I recall, never saw his dick, but he was only an inch on the screen!
Did you mean King Kong?
Those xtrend and slope people eat GHEE!!
14.6% YTD and growing inshallah.
Tim gives great set-ups Larry, it’s up to you when to close them though. If you use his set-ups, and stay with them you’ll do well, as I have, so don’t knock him for one trade where he made less than he might have. He’s still the best for great charts, and great ideas.
And didn’t the great Fly just admit to being human, like us all?
Peace brother!
Fly celebrates his win with an “office appropriate” celebratory desert for the whole crew.
_______
AAPL halted with news pending…
Glory – http://www.youtube.com/watch?v=Z2c_BvVBd-Q
Skinny Steve taking medical leave until June. Sure sounds fishy, considering they thought all was fine last week. That stock will take a $10 haircut immediately.
A wise man recently said…
“But, there will be an “exogenous” event, sometime soon, that will shake you to your core. You will just sit there, dumbfounded, thinking “why didn’t I listen to Senor Tropicana”?:
I’m sorry, but there’s more crazy shit on this website.
OMG! WTF??
_______
Jake – odd
APPLE CEO…taking a leave of absence!
I put a request in on the iBankCoin Dictionary, for the word “IDIOT” to be placed into it…..
definition=
refered to anyone whos name is Dennis Kneale, (or Dennis Kneale like)
Great site, Jake – award winning, too: http://2008.weblogawards.org/polls/best-food-blog/
Here’s CAP’s favorite cake:
http://1.bp.blogspot.com/_wGr8njEWjtI/SV5rjKCYRsI/AAAAAAAABfo/AnC3dKvjdak/s1600-h/LIFE+dog+cake.jpg
Steve Jobs is dead and so is AAPL.
For what it’s worth the Market Fool being a cancer survivor and have studied the disease quite vigorously absolutely knew when AAPL was trading in the mid 90’s and the announcement came about Jobs having some “minor” health issues I was evily (sic) tempted to short the stock.
Thought about it and made the decision that profiting immensely from this man’s deteriorating health was unacceptable.
I hold that opinion today even considering I would have made over 20 grand on the bet.
Life and health is more important than being right or making dough.
Fuck it I’m going to head to the gym and then come back and make the Cadillac of all margaritas.
Hope Jobs get’s better.
Cheers
Thought the zero shipping rates was an Onion article at first….but no.
I knew Jobs was lying about his health, they all lie. Methinks he is having a nervous breakdown.
Fly,thanks.Its just a trade.I also picked some TSCO.How does that rank on PPT?Thanks again.
Everyone dies. No exceptions.
tsco
Technical Breakdown
Accumulation/Dist. [?] 1
Price Performance [?] 1
Relative Strength [?] 2
Volatility [?] 1
Volume [?] 2
Overall Technical Score [?] 1.34
PPT Recommendation: Strong Sell
Fundamental Breakdown
Debt/Equity [?] 5
PEG Ratio [?] 5
Price/Book [?] 5
Price/Sales [?] 5
Profit Margin [?] 3
Overall Fund. Score [?] 4.70
PPT Recommendation: Strong Buy
Hybrid Score
Hybrid Score [?] 2.75
Historical Scores
How has TSCO scored in the past? Click here to find out.
PPT Recommendation: Sell
AAPL CRASHING.
wow. AAPL down to 77
Fuck veganism. Give the skinny fucker a sandwich already!
MEANING OF LIFE…..you are born to die….true for everything and everyone.
JIM “baggings” GOLDMAN is a fucking hobbit……
Buy AAPL when they release Jobs 2.0
Steve Job’s letter:
http://news.ino.com/headlines/?newsid=68957865900
Jim Goldman just admitted to witholding information regarding Job’s health.
CNBC is a fucking joke.
I see some smart fucker shorted AAPL@ 86.00 covered@ 76.20
nice trade.
FUCK YOU AAPL!
Glad my buy did not go through.
how did he cover at 76.20 when the low of the day is 77.85?
Artist — it’s “Baggins.”
Geez.
_______
In the aftermarket, I’m watching the tape in front of me.
ROFL
Fly keeps winning
Vornado Realty sets regular quarterly dividend
Wednesday January 14, 4:58 pm ET
Vornado Realty Trust declares quarterly dividend of 95 cents, payable March 12
PARAMUS, N.J. (AP) — Vornado Realty Trust said Wednesday its board declared a regular quarterly dividend of 95 cents per share.
The real estate investment trust said the dividend is payable March 12 to shareholders of record Feb. 5.
Due to current market conditions, Vornado said it will pay the dividend in a combination of cash and stock.
Paying 60% of quarterly dividend in stock, 40% in cash, traded to $47 after hours
Low of 76.11@ 17:00
Baggins…..yep……he’s still a hobbit…..
and as I see it he is also a CNBC asshat who obviously has been paid by apple to candy coat any and all reports on steve jobs
Nice win on Teddy Kennedy’s VNO, Fly.
________
Fly,
Is it too late to get in on the VNO short?
Dude, after market news is egregious
US negotiating more aid to Bank of America for Merrill Lynch merger
Wouldn’t it be something if we crashed tomorrow and DevilDog’s target was hit? I’d have to reconsider practically everything I’ve ever thought and start over.
BAC Bank of America: US is close to extending billions in additional aid to BofA to help it digest Merrill – WSJ -Update-
NYC is really showing it is the mecca of deceiving mega rich swine greedy lying scumtard wall street people……
Dennis Kneale is on a rampage! http://tinyurl.com/7kr9tc
Thanks to your calls, I held on FAZ and SRS… and damn, loving the afterhour action… FLY’s a psychic!!!
I told you fuckers! Bank of America absorbed all the toxic bullshit from Countrywide and Merrill, so they could hold the US Gov’t hostage. Too Big To Fail!
The Gov’t should use more strength, and force that fucking hillbilly, Ken Lewis, to resign.
What a fucking joke.
8)
Steve’s cough has worsened a lot. Thnx Fly for tipping us off yesterday for a short.
Well, Donny, if Ken must go, what about Birney Frink and Chris Dodd and Waxman and Reid and Pelosi —too many to name?
Madoff in the bulletproof vest, comedy.
The Bulletproof vest was just fun for the NYPD guys……it makes the wearer shit his pants, just due to the “reason” behind it……..
After Jobs recovers, I am coming after The FLY for all the evil thoughts sent this way from the east coast.
Bernie is not under the protection of NYPD – it is Federal Court and the US Marshals, no?
Take a look at UYG. Yes, i know its 2x up financial’s. However, it pays about 8 dollars dividend and trades 4.14
What am i missing here
There will be no divis.
It looks like Cramer is FINALLY grasping the debt situation in the oils.
Bankruptcies abound!
GOOG layoffs coming?
http://valleywag.gawker.com/5131536/googles-loss-of-innocence-100-jobs-cut
Fly I just came on here to ask you specifically about what Cramer just said.
He is the first person to explain to me what happened today.
He was speaking about BANKS mostly and then insurance companies under attack from bond bullies. At the end he did mention that some oil companies who are rich in cash but may need to borrow will also come under attack from bond bullies…
Apparently these bond bullies want to destroy the company and the common shareholders. He said the war has just started and these bond bullies are coming out in force to wipe out banks, insurance and oil companies who need to borrow (mainly from the tarp). I dont know of any oil company yet that needs to borrow…but perhaps some smaller ones will need to.
I wanted to ask you if you could give your view on this..
thanks
.
Cramer is a chartist now. LOL
When everything else fails, become a chart chomping moron.
Lady G:
No fucking shit. Wake up and smell the debt to equity ratios.
OMG. Cramer is a China bull.
Asshat Alert.
Cramer may just nail the Asshat of the Month award.
Fly I understand about companies with large debt…..that is why I am careful not to buy companies with large debt.
What I was trying to find out is if there is a specific organized ‘ attack’ by what he calls bond bullies to wipe out many companies?
Some of these will go under for sure but some might survive if they got a loan ….what is the motive of this group of bond bullies?
Is this like the massive short selling to wipe out ‘ companies that have poor balance sheets that went on last year?
I cant ‘wake up ‘ and smell roses if as Cramer says….this is a secret war going on inside wallstreet that some of us arent aware of. I have heard of groups of people ‘ shorting companies into bankruptcy tho”
.
My toaster has been warning me of several secret conspiracies, Fly. Should I switch back to whole wheat from sourdough english muffins?
ottnott…. not funny
if there is a large group of assassins out there killing off all companies that will need to borrow money (TARP) this puts the ‘ odds’ against anyone who may want to go LONG a bank, long an insurance company, long oil companies…
this changes things and I am just trying to get some feed back. Fly generally calls Cramer an idiot so when he said this about bond bullies killing of companies I thought perhaps he was being an idiot and wanted to get Fly’s take on it. Apparently Fly is confirming this information is true.
.
Gottschalks literally JUST opened and brand new mall/store down the road from me.
And they just announced Bankruptcy…citing lack of available credit (TARP is working wonders, eh?)
AAPL…Jobs is dead. The one stock that could help take the market higher.
This whole thing is just getting really sad.
America is fucked.
The Banks are run by evil-doers.
Pray for divine intervention, brother.
After being up 5.1% at peak last Friday, I’m now down -4% for the month. I don’t hide like Devildog when things are going badly for me. Sigh. This sucks. I’m in cash now licking my wounds vowing to fight another day.
Fly, are going on Yahoo as “Dexter” later this evening?
prostrations at the feet of flizzy fly.
Lady G: I think everyone around here is short so you may not find the objective answer that you’re looking for. But I agree, it sounds gay, just like everything else in the good ol’ US and A the last couple years.
Damon yeah if there are bond bullies out there and just no ability to borrow money for normal companies small or large becus the banks arent lending then
There is no reason for me to be LONG ANYTHING ….period
I will never short a company to destroy it but I will certainly switch to a more negative view and get more into cash and shorts. What chance does one person have against some ‘ wallstreet insider war’. I am long a few stocks, AMGN, and some others I may just sell off. I just havent taken the strategy of being short ALWAYS.
If Cramer is right then the Devil Dog rules the day.
.
Lady G – the Fly is afraid of you – he thinks that you are a Venus Flytrap.
SHORT BAN!…LOL
Anonymous I have NO IDEA what that comment is suppose to mean. The Fly is fearless
He has yelled at me on many an occasion….dont think he’s afraid of anything.
Later guys guess I will assume the worst.
I need asshat of the month award suggestions.
Go
Can UYG go to 0. Is it possible- scientifically?
Paulson and Bush were a big dynamic duo on TV the other day. Bush kept saying Depression this, Depression that, as soon as market opened.
Paulson was vintage stuttering Paulson and couldn’t hit softball questions from Maria like “is the worse to come???”
Ken Lewis…
Geithner for Asshat of month.
Possibly Comrade Pinky Paulson.
I think Jim Goldman is the best one tho.. He still can’t admit he kept blowing the Jobs story over and over even now.
January 09…….Anybody who said I think we are in the bottoming process….wtf does that mean…AKA Bob Doll of Blackrock. Plus he looks like a tuchus.
Colonel Dungfiend himself, Ramalinga Raju for AoM.
I need asshat of the month award suggestions…
Bill Gross
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2009/IO+Gross+Jan+09+Andrew+Mellon+vs+Bailout+Nation.htm
Steve Jobs corpse for asshat of the month
in other news … fwiw, Flecks oil mans favorite oil name is CLR
“a knowledgeable friend likes CLR, and he’s the best”
CNBC – asshat(s)
Kudlow is cutting off the CNBC dwarf and his covering up for Jobs & AAPL.
Asshat nominations:
I think Steve Jobs is a dick for deceiving investors and lying about his health, not two weeks ago. Rumor is that the board pushed him to take a leave. I am sorry he is sick, but he is much smaller a man than I thought. Own your shit, dude. You are mortal.
Timothy Geithner for not paying taxes. Dick. Pay your damn taxes.
Obama. 4M jobs? Fuck off. Your magic microphone lies.
Any fraudster. Pick one. How about the ass that stole and crashed the plane. Coward. Face the music.
Obama for Leon Panetta
The Judge that allowed Madoff to be free
This guy -> http://www.thestar.com/News/World/article/570632
**Add to Obama – Hiring the old Clinton Administration
How about a Sgt. Pepper’s style Asshat Award? There are so many this month!
http://www.beansoftware.com/thebeatleslyrics/Images/SgtPepper.jpg
On second thought, it’s Obama. Awarded on his inauguration day. That would be perfect. The timing is brilliant.
its not about the cock size of a ‘Donkey Kong / King Kong’ portfolio……….its how its used… 8% of 10mil = 800000 and 33% of 2424242.42 is also 800000……so does it really matter????????????????????
Obama can be asshat in February.
Joy to the fishes in the deep blue sea…
Thanks to lady G.
Hoyt Axton was a great songwriter, and Three Dog Nights version of Joy to The World was a hit.
Their guitar player, Cory Wells, has a very hot daughter….I say this from experience.
Move along, there’s nothing to see here..
I nominate Horatio Clawhammer as Asshat of the month for excessive crowing 2 weeks into 2009. The market Gods will demand retribution in a most egregious fashion. Rock on.
http://www.cnbc.com/id/15840232?video=998371484&play=1
The market is doomed.
Just a friendly reminder:
# DEVILDOG Says:
We will probably get a .382 bounce of today’s move going into the close I hope. Perfect setup for tomorrow. I’m calling for 700K new unemployment claims and a gap down open tomorrow at today’s lows. Want to bet against me go ahead.
j, as far as your comment about trader etiquette, FUCK that! Trading is a zero sum game. I don’t make money unless someone losses. I wish death and destruction to those SSF cows and sheeples that bet against me. This is a WAR. I support my family by my trading. I do not wish those well that try to take my money with bullshit rallies with the WORST DEPRESSION and BEST socioeconomic REVOLUTION in our history ahead of us. Besides, I hate stupid sheeples that still believe the crooks on wall street and our corrupt government and central bankers. Those stupid sheeples are the reason those crooks get away with their corruption to date. If you’re part of the problem, as far as I’m concerned, you deserve to live on the streets and eat garbage. I’m not here to make friends and I don’t take prisoners.
January 14th, 2009 at 12:59 pm
Anyone know of a site that has FREE real-time after hours trading quotes?
ARCA is now charging a fee..It’s not much, I know…
Obama for asshat. Proving it daily.
Beige Book, death in Imax 3D:
Commercial real estate markets deteriorated in most Districts. Contacts in the Boston District described the commercial real estate market as grim and depressing, and market conditions continued to deteriorate in Richmond. In the Minneapolis District, a contact noted that the market remained in a downturn that has now lasted more than a year. Commercial real estate transactions in the Dallas District have reportedly ground to a halt. Leasing activity was minimal in the Boston District, continued to fall in the Philadelphia District, and was assessed as ranging from slowing to frozen in the Richmond District. Contacts in the Chicago District reported increases in sublease space. Office and industrial leasing is expected to remain steady through the first half of 2009 in the St. Louis District, but San Francisco reported that conditions in their commercial office market remained exceptionally weak. The New York District reported that Manhattan’s office vacancy rate climbed to its highest level in two years. Contacts in the Chicago District noted elevated vacancy rates, and contacts in the Kansas City District expected higher vacancy rates going forward. Contacts in the Atlanta District also anticipate that more commercial space will become available.
Reports about commercial construction activity also were downbeat. In the Philadelphia District, commercial construction activity continued to fall. Cleveland reported that construction backlogs have declined for some contractors. Commercial contractors in the Atlanta and Chicago Districts reported declines in building activity and noted that more projects were cancelled or postponed. In St. Louis, contacts in commercial and industrial construction predicted a challenging environment in early 2009. San Francisco reported that commercial construction activity was very limited. Construction-related manufacturing contacts in the Dallas District reported that demand from commercial construction is shrinking rapidly.
Anon, google NYSE after hours.
Devildog eat shit and die.
Lady G,
You can always buy puts on a company. You are not going to destroy any company. That is for the the hedge funds and banking institutions to do.
On the flipside: do you make money on companies that pollute the environment or pay slave wages ?
What company is 100% kosher ? You should make money where you can in the stock market.
Fly, where is Mr. Bilderberg and his servant? At least they had some class! Bring ’em back, why don’t you?
Karl Marx, Das Kapital, 1867 – “Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism.”
LOL. Devildog has brass balls. Ever wonder if there’s trillions of loot from the reserve waiting to rip them off?
Just dont change your style and throw on a blue blazer and become a hypocrite doom soldier like Denninger. I need butterflys on my tie and stop with the doom forum guest. Fraud is everywhere and were headed to hell. Mount up regulators.
To do the “ASSHAT of the month” award right the nominations should come during and at the end of the month, so asshat of Jan. 2009 can be suggested up till the end of Jan and then the lucky recipient then awarded…..
Fly, you’ll have to have a permanent place setting on the website (maybe in Blogroll) under the heading of ASSHAT OF THE MONTH
So, up until today,
my nomination goes to ….. the man who caused the mess with his asinine policies……..drum roll…….
George W. Bush
OK folks I’m going to be a nice BEAR and tell you about my local economic survey today and political discussions. I know sheeples and cows will still buy stocks at the next generational bottom that was put in before the obamarama stimulus package that will solve all our problems and start a new bull(shit) market anyway so I’m not worried about too many BEARS in the market. Besides my SSF is through the roof and as such indicates that 90% of America’s population is dumber than dirt and will keep buying stocks.
First of all, I’m back in the DFW area this week staying with one of my track rat buddies and doing a little road racing at TMR with my race built Viper.
I’m in Grapevine, TX which is a very affluent area about 12 minutes from DFW Airport between Dallas and Ft. Worth.
Keep in mind that this area is currently one of the BEST economic areas in the country. Housing prices have only declined about 2%.
As you are aware I went to my dentist and had my K9s cleaned and polished today. There were several well to do people(those with jobs and health insurance) in the waiting room and I got their agreement to change the flat screen to CNBC from CNN. I started a conversation about stocks and politics. No one is buying stocks and all had lost a lot of 401K money. All of them stated for now the last thing they care about is buying stocks. What money they all had was mostly now in CDs. I told them to stay there. No one disagreed. I expressed my views about our corrupt government [both parties and specifically mentioned bush(remember this is Texas) and obama] and I expressed my views about a DEPRESSION and a 3RD party REVOLUTION and no one disagreed. People are very PISSED OFF.
Next my 2 favorite economic indicators:
HOOTERS GRAPEVINE. Great joe six pack discretionary income indicator. I’m good friends with the manager. Asked how business was. He said they are DOWN 50% from a year ago and that after New Years business has dropped off a cliff. I talked to one of the prettiest girls there that I know with the greatest pair of tits(get the biggest tips) and her electric had been cut off and her cell phone service. Obviously, she told me it is so bad she can’t pay her bills. She has a boyfriend that is helping her pay her apartment rent. In case you’re curious, I had an order of 3 mile island buffalo chicken strips w/blue cheese and celery and 2 Sam Adams drafts. I gave her a BIG tip today.
PARK PLACE LEXUS GRAPEVINE. Bought my IS F there. Ranked #1 dealer in the USA. Talked to my salesman(great guy, Iraq vet.). Business is DOWN 14%. They just layed off 5 of their 23 sales people. For the first time in the dealership’s history they have repo’d Lexuses in their back lot. For the first time ever, they are discounting their RX line of SUVs. Wait till the Alt-A and Primes start resetting this year.
There you have the benefit of my economic and political survey today.
Draw your own conclusions.
Getting my hair cut tomorrow. Will report what my girl says there about how things are in the personal grooming business.
I hear a train of thought around Jobs and Apple that there are lots of qualified folks to run and inovate at Apple.
Makes me wonder what ibankcoin would be if the Fly went on medical leave for 6 months….something tells me that there would be a “little” drop off.
Not as little as Donkey Kong though 🙂
That’s good stuff Devildog. Keep that kind of info coming, very cool.
Thanks Mr. EB. Hope it helps you and others out. I’m really a very nice BEAR. However, I really hate stupid cows and sheeples and wish them the worst along with their corrupt masters.
Dog, just one question:
Were you boring the Hooters chick with the big tits about the economy?
And why would you hate bull’s, doofus? They are the people making you money. It’s the shorts you ought to be hating.
Semper Fi
Devil Dog….you are one scary dude….how does your wife live with all the doom and gloom?
Some days dont you just want to ‘ smell the roses’, bask in sun, and enjoy the songs of birds?
Dont answer that….
🙂
.
In fact Mr D Dog
I would like to ask that while you are out and about Dallas tomorrow that you find some GOOD THINGS that are happening and come back here and report them.
THAT will be the hardest assignment you will have becus you will HAVE to see the sunshine amongst the clouds.
“The Fly Says:
Cramer is a chartist now. LOL
When everything else fails, become a chart chomping moron.”
HA!
The Fly is God.
Oh my god. The world must be ending. I said nice things to Devildog and Devildog responded cordially. Geez. Maybe it is the end of the world.
I could scare ya too, but I don’t want to disturb anyone’s rosy picture like the one DDog presented. You want bad? I could show ya bad – real bad. However, here’s some good news – Tatoo Nation may do an IPO and start opening shops in the high end malls next to Tiffanys and Nieman Marcus.
If Dog is making money off the short side, that IS sunshine amongst the clouds.
I just don’t have those kind of guts, even though I believe we are going to seriously retest 4th qtr 2008 lows. I’ll just patiently wait for that and suddenly turn temporarily bullish.
we are ass-out. C is going to zero; BAC is probably going to go to 5; JPM to 12, etc.
our govt is pretty much out of options. they’ve already fired up the printing press, but it’s not doing much.
only thing left is for the grand scam of china to start with shenanigans.
It would seem that Jim Goldman’s “fuck you shorts, you’re dead” article re: AAPL was a bit premature.
http://www.cnbc.com/id/28504425
Who was the real estate guy that used to blog on iBC? I forget his handle. I’d like to hear his take on commercial re.
Gunners, right?
This is SOOOOOOOOOOOOOOOOO awesome. This is Dan Lyons going after Jim Goldman on CNBC video:
http://i.gizmodo.com/5131629/fakemodo-cnbcs-jim-goldmans-apple-sources-revealed
Rico that fucker GE and Goldman. Oh yea, lawyers are cowards and wouldn’t no fucking things about RICO. Jobs backdates, backtrack, and backdoors. Goats have kids, not me. Short it to hell.
BTW, I’m still holding my AAPL SHORTS @ $95 that every one gave me shit about. I WIN the WAR.
No one is buying stocks and all had lost a lot of 401K money. All of them stated for now the last thing they care about is buying stocks. What money they all had was mostly now in CDs. I told them to stay there. No one disagreed.
Joe Retail is allergic to stocks and you think that’s a bearish leading indicator?
???
_________
Lady G said,
“Apparently these bond bullies want to destroy the company and the common shareholders.”
There are no Bond bullies and the only thing Cramer is good for is fading. Stop listening to that assclown. Bond traders are only pricing in risk, nothing else. What percent would you lend money to a company if the likelihood that it could not pay you back? It is this simple.. $30 oil= a lot of fucked smaller oil companies and some big ones too. XOM will own them all in 5 years, but as of today they go down awhile too.
Asshat of the month is 401k investor or the taxpayer.. your choice.
I don’t know what to think anymore. I clearly got the buy the big pullback thing wrong the last few days. The playbook of the last 2 months not working, gotta get a new playbook.
think tomorrow we go up ^^
I think it was yesterday or Monday that I said that BAC would be asking for more money in order to swallow the load that they got from Merrill. Once again T MOe has been proven right. Merrill has a lot of CMBS exposure, the next set of right downs to come. I knew that there was no way that BAC could do the right amount of homework on such a large transaction in one weekend. Lewis got taken by Thain. Lewis for Asshat award
DEVILDOG Says:
Getting my hair cut tomorrow. Will report what my girl says there about how things are in the personal grooming business.
January 14th, 2009 at 8:37 pm
_______________________________________
DEVILDOG Says:
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.
January 8th, 2009 at 1:26 pm
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TheArtist Says:
at what exact time tomorrow morning are the unemployment numbers coming out?
how did you hairdo work out Devildog?
January 8th, 2009 at 5:49 pm
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DEVILDOG Says:
Lookin good!
January 8th, 2009 at 5:50 pm
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you left me this message as we can see 6 days ago………your hair sure grows fast……on the thread under “THE FLY, headline INDEED, posted Jan 8th,2009 2:12pm”
just having to bust your balls a little…..
Jake, yes I do in a longterm secular BEAR market especially when all I here out of wall street everyday is about all the money on the sidelines. NEWS FLASH: THERE IS NO MONEY ON THE SIDELINES.
You want to be a bull and buy be my guest. I’m staying SHORT except for the bullshit bounces until at least 2015.
How does HBC “miscalculate” $30 billion?
Artist, you really need to get a hobby. I canceled that appt.. As far as looking good…I always look good.
Suggest you figure out your long buys for tomorrow so I can take more of your stupid cow money.
Is sippin’ Glenfiddich considered a hobby?
T MOE, I remember your BAC post. Nice call. Congrats!
How does HBC “miscalculate” $30 billion?
Uh, they forgot to carry the one?
I’m sure it was a simple mistake. Maybe. Probably. Hopefully.
LOL! They and we are soooo doomed.
Artist, I’ll drink to that. I prefer a heavier, pete single malt like LAGAVULIN 16.
Can we nominate someone who posts on this board for ASSHAT of the month Fly?
In that case I nominate Lady Guenevere. Reading her stupid posts make me want to take a razor to my wrists.
Why don’t people understand if you don’t have anything intelligent to post, don’t post (hence my very infrequent posts)
Everyone else carry on, great info. Thank you.
HOLD THE FUCKING PHONE….I thought DD drove a Viper?..Whats with this ISF shit?
Let’s see what the future holds for GS. JPM will probably have a bad, bad report tomorrow and we all know what C will say on Friday, ” Basically Mr. Shareholder we are dumbfucks and so are you since the you bought our shitty stock. In short we are fucked and I V Pandit am willing to suck off all of congress for more TARP money”
Not much has been said about GS. Not even by M Wittney. I say they will lose money this quarter too. The stock will retest lows IMO. The model is broken.
Where has that dumbass Generational Bottom been?
BOOMER is an ass. I vote for him.
NEWS FLASH: THERE IS NO MONEY ON THE SIDELINES.
There’s no “Joe Retail” money on the sidelines.
Joe Retail is the laggingest of indicators.
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DD I’ll have to get a bottle of that (Lagavulin) and try it out…..never had it, I’ll see if it is available here in NC next time…….
and to Mr EB, that link you posted with the guy bashing JIM “Baggins” GOLDMAN the hobbit was wonderful, thanks for posting that, whoever that dude is unfortunantely will never be allowed back on CNBC because he does not fit into there “pussy wussie gay retard suck-up brown noser club” and speaks actual truth…..CNBC does not like “truth” speakers…….
FLY, you need to also give a monthly award (after seeing this link) to something to the effect of ASSHAT BASHER OF THE MONTH……..this guy gets my vote
well done fly, you put a gusher right in Suzie Orman’s mouth. Remember its not timing the market, its time in the market. So what if your balls have been raked over hot coal for a few years? Breakout out that Ibbotson chart and wipe your ass with it bc the broker dealer retirement rant just got 86ed.
I’m a generous god. I will give you on more chance to exit your longs.
For Pete’s sake, it’s spelled because.
Get thee to dictionary.com or something.
Jake, whatever, have it your way…buy stocks.
Hubris goes before destruction and a haughty spirit before a fall.
to TheArtist … the guy in that clip who called out Jim Goldman is Dan Lyons, the author of the infamous “Fake Steve Jobs” blog and a financial journalist (previously with Fortune or Forbes, I forget which).
Jim Goldman is working on getting my vote for Asshat of the Month unless he has the cojones to step up and say his column earlier this month was a bad call. If he admits out loud he kisses Apple’s butt even better.
In other news, evil clowns appear to be ‘having their way’ with the Asian markets.
HELP !
EB, MOE and Devil all need to get a room…I hate it when they agree. It’s like a boxing match with no blood.
Come on guys…duke it out…what’s next…dogs fucking cats…fly turning humble and polite…I’m so confused…
HELP !
Goats have kids. Look it up in wiki. You are doomed. Cover on satanic numbers only. Charts are for kids.
DD you keep talking big and you’re bound to trip on your own feet.
And as for your assertion that trading is a zero sum game, that has got to be one of the goofiest things I’ve seen spewed up on this here blog in a long time.
I don’t have time to break down Game Theory to your level of comprehension but it’s obvious you need some refreshers and a good course in logic as well.
Since I don’t have the time and I know you don’t have the patience, I’ll cut to the chase and quote wikipedia:
Assuming the counterparties are acting rationally, any commercial exchange is a non-zero-sum activity, because each party must consider the goods s/he is receiving as being at least fractionally more valuable to him/her than the goods s/he is delivering.
I hope you can see that blindingly obvious truth because your attempt to reduce the markets to a “game” belies your inability to see anything other than a myopic target and a rabid insistence on achieving it regardless of what it does to your bank account, your sanity and your sense of civility.
For anyone else that’s interested in a free Game Theory book click on the link.
Boca probably has some books for sale if you want a dead tree edition.
Ceurvo — thanks for that. I’ve grown weary of fighting that “zero sum” argument with economic cluetards.
Ironically — and Dawg will likely hate this — “zero sum” is a favored shibboleth of leftists.
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I think DevilDog and Lady G should get a room.
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