Go ahead assholes, tell me you “fucking nailed” this tape. You went long, then short, then long again. At the end of the day, you were up 88.9% and now you are off to do some heroin in a dark alley with a group of hookers.
I throw jelly sandwiches at you.
Look, I am fast, but not matrix fast. I can’t switch from long to short, short to long on a daily basis. The best thing for me to do, during a period of “Bitch of a Whore Trading” is to remain hedged.
Some of you believe being hedged is retarded. However, that’s because you’re a piker and an idiot.
The only moves I made today was sell 25% of my FXI position for a loss, add to my burgeoning DUG position and initiate a TZA position.
At the end of the day, I “enjoyed” next to nil gains, during today’s rape. It pains me to know I “could have” banked some serious coin today, had I refrained from buying longs yesterday.
Instead of bitching and whining about missed opportunities, “The Fly” will go punch a few holes in his bullshit sheet rock walls right now.
Be well.
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Gibbets and Gallows for XOM tommorow…
It’s tough out there. AMZN just nailed it so all the shorts fucking loving it get reamed tomorrow but they won’t say shit.
Cocksucker of a market for sure.
Why not just short XOM? I’m still holding my short on BXP, I sold out of SRS at day’s close but might jump on in again for Friday Fun Day.
Damn posted in wrong topic.
JNPR on sale after hours, PAR out with another nice qtr.
Well, it may be a screwed market ovah heah, but we got one thing going for us, at least:
At least we don’t live in France.
(Hat tip to the Green Hipster.)
___________
Give it long enough JG.
I felt like Neo in the Matrix today dealing out a whole can of whoop-ass to various agents who made the mistake of messing with my bitch Trinity. Long, short, long, short maybe I am the one?
i sold my fas this mornig on the up stroke then switched right to faz jack ass were still going higher in 3 weeks we will have grinded our way to 900
Oh no, he’s losing his confidence. Where’s the rants, the fuck u assholes “i will win”.
“You went long, then short, then long again. At the end of the day, you were up 88.9% and now you are off to do some heroin in a dark alley with a group of hookers.”
No I was just short and up over 4% with my bank shorts banking me major coin and my longs in SLV GDX doing well. POT was alright and FCX sucked.
Observe FAS down 20%. My $15 calls I sold yesterday up a sweet 43%. Not to mentioned my FAZ $40 puts up 23%.
DONNY – Hows that FAS working for you ?
Does anyone here trade ES futures? I recently made the switch from trading equities for a long time to futures and the seem pretty good so far. Seems like a much better way to play the market without dealing with individual stock shenanigans ala SKF, SRS, RIMM, etc. Fly how come you don’t trade them? I wish I knew about them more at the start of this bear market.
It was nice to see KIM fall and fill the gap up it had yesterday. I continue to hold my shorts in KIM and long SRS for the continue carnage in Commercial RE. My buy of SKF yesterday at 120.50 was if I may say so my self an excellent trade. I still hold some GS shorts that I am a little underwater on, but that fucker will come back to me I am sure. My best trade so far this month has to be my shorts on COF. I went short at 32, more at 28, and added more at 26. The fucker trades below 17 today. If she starts to retrace tomorrow I will cover and count coin. If the market looks week tomorrow I will hold until she hits 16
Quiet Storm
Wait a day or two.
Amazing, eh Jake?
I have lots of personal experience with French people, and I have no love for the way they do things in general. However, I wish we (U.S.A.) as a nation could pinch a little of that outrage. As Fly and others have alluded to during the wall street thievery to which we’ve been subjected, where is the ‘mad as hell and not gonna take it anymore’ fire and brimstone??? Imagine if Mozilo looked out the window of his asshole country club and saw that mob scene outside. Bet he’d shit out that silver spoon and scramble to give back some of his ill-gotten gains.
FRPT trying to turn around. Off to search for Bigfoot nests.
Fan out.
I felt like Neo in the Matrix today dealing out a whole can of whoop-ass to various agents who made the mistake of messing with my bitch Trinity.
Even if you are full of shit, I had a huge laugh reading this one.
Grazie, for brightening the afternoon.
_______
DownSouth —
Mob behaviour (sic) is never a good thing, no matter the cause. Remember, the French are famous for “imitatiing” our Revolution, save with guillotines.
Fuck them and their way of doing bidness.
Good fromage, though.
_________
Can an AMZN rally exist? After all, their amazing Q4 blowout means our GDP will come out on top of estimates right? I’m sure the government will have some kind of new GDP rating that is like: GDP, ex-oil, real estate, banking, retail, autos, utilities, pharmaceuticals, California, Michigan, Florida, Las Vegas, energy, utilities, and condoms. New GDP is based on Obama posters, alcohol in plastic bottles, Amazon.com, and muppet babies.
Jake –
Mob behaviour (sic) is never a good thing
I agree 99.9%, but seminal moments in a country’s evolution (intelligent design? 🙂 ) do tend to start with a mob…even the good ones…
“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Thomas Jefferson “
What is bilking the financial system and mortgaging the futures of two generations (to the tune of trillions) if not financial tyranny?
Don’t get me wrong…I’m not calling for a mob scene and the terror that ensues, but I’d also like to see some accountability.
hmmmm
I nominate you KofPG. LMAO!
and you are right…
the fromage whoops ass!
AMZN just fucking gut punched the shorts. Tech to the moon.
Just got a letter from my home insurance company,that at my next renewal they will now access my credit score periodically.
This is a first for me,anyone else?
Fuck the shorts are just piling into the short treasuries trade. Fly are you going to get on the bus or let it run away for a bit?
Gaps — speaking of short treasuries, Check how Jake’s SOY pick is sneaking up on all those shorties…
________
Fly,
Thoughts on Gold? Short it at these levels?
Mr Green –
Periodically checking your credt report is only the first step.
Next step, re-estbalishing Prima Nocta.
“Go ahead assholes, tell me you “fucking nailed” this tape. You went long, then short, then long again. At the end of the day, you were up 88.9% and now you are off to do some heroin in a dark alley with a group of hookers.
I throw jelly sandwiches at you.”
HA! Beautiful.
The Fly is God.
Mention prima nocta again at your peril…
FREEEEEEEEDOMMMMM!!!!!
Shares of Exxon Mobile (XOM.N) shed 3.23 percent to $76.69 after Goldman
Sachs removed the company from its Americas Buy list. Pre-earnings jitters
along with slumping crude oil combined to send shares lower, said
WhatsTrading.com option strategist Frederic Ruffy. Crude oil futures settled
lower at $44.44 a barrel, down 72 cents. He noted that some of the top options
trades in Exxon Mobil surfaced late in the day when an investor created a
bearish “tree”: buying 8,000 March $75 puts, selling 8,000 March $70 puts and
selling 8,000 March $65 puts for 45 cents. The positioning comes ahead of the
company’s earnings report due on Friday morning, Ruffy said.
Bug ‘em ALL
As I listened to the upright and respectable Senators of the great state of Illinois speechifying in the impeachment trial oftheir Governor Blagojevich, a tear came to my eye, (and to the eye of every crocodile
from Tallahassee to Olympia, Augusta to Austin). And then it dawned on me.
Why not “bug” the office, home, and auto of EVERY governor, lieutenant governor, state house speaker and state senate president? Also, let’s listen in 24/7 to every USA Congressman, the President and VP, the entire cabinet and our Supreme Court? Just DO it! No warrants required. Heck. We know these politicians all are “honest
folks doing the people’s business”. The Illinois State Senators said so.
As a convenience to voters, let’s stream these audios in real time on the Internat, available to anyone at the click of a mouse. We’d love to listen to Scalia or Schwarzenegger or Geithner “live” and unscripted.
To the buggers and prosecutors of Blagojevich and to the courts that authorized the bugging, kudos for giving USA voters a new and useful tool!
Full Of Smoke – http://www.dailymotion.com/video/x1nx62_full-of-smoke_music
Nope, I didn’t trade a damn thing. Kept my long positions and gave up all my wednesday gap up gains. It sucks, yes, but I’m still up 9% for the year.
Maybe I’ll be an apathetic long until my conviction that we’ve reached an intermediate term bottom is proven correct or incorrect.
fly, i told you yesterday your buy FXI/sell EEV trade starts rolling over you old s*cker!
DUG will have it’s day. Very soon.
Simplistic synopsis:
There are only so many storage buckets to accept oil into. When they are essentially ‘full’ (next week or two), which is ‘unexpectedly’ early because demand forecasts have completely underestimated the drop-off, then wells from Saudi to Venezuela to Canada to your mom will be shut in. And prices will get down to about $12/bbl. Annus Horribilis. Underinvestment combined with high field declines, combined with civil unrest in oil nations will then have a field-day bitch slapping everyone at gas pumps in 2011 or 2012. That is my thesis.
By the way, COP announced they are going for another 6 billion bucks worth of debt. If you have any buy orders for COP at higher than $41, you might as well scale them down to stink bid levels.
End of tranmission from Mars.
The Zombie is a sausage smoker
Dating a banker?
http://dabagirls.wordpress.com
Best comment line:
BREAKING NEWS: BANKER GIRLFRIENDS QUALIFY FOR TARP
Fly gets buzzed.
Duderino Flybaza:
You should check the McClellan Summation Index sometime. This tweaky technical indicator showed me the Obama enthusiasm wasn’t just a fart whiff, it was the whole Rock of Gibraltor sniffed deep into flared nostrils. The daily MSI was headed down, but reversed course against a new support area on the weekly chart. It will head down again, though, in a big way. Obama has a BAM in the middle of it, and I don’t trust no stinkin’ socialist twirp who represents for greedy-motha fukin honkies who ain’t ever smelled their own shit in their lifetime.