As soon as I announce the purchase of SKS, all of the assholes come out of the wood works to suggest otherwise.
Please. Don’t you fuckers know, “The Fly” is a space alien magician, who is simply bowling on fuckers. I guess the key tell with BAC was when General Tommy “conquer your country” Franks stepped in and bought yesterday, at the lows.
With today’s gains, I am at a new year to date high, up nearly 14%. Although 14% is nothing spectacular, I consider it to be a “good start.”
If you are keeping your eye on JRJC, you might notice that it is “breaking the fuck out,” indeud.
In addition, “The Fly” has all sorts of wins taking place, with exception to his annoying oil shorts.
One stock worth a looksy is LNN. I know farm equipment is no longer in vogue and water supplies are no longer needed. However, in the event that farmers should need a few pivots for their farms, LNN or VMI may be worthy of a small investment.
By no means do I believe we are off to the races. But, for the day, I’m feeling jubilant, guzzling down a can of Monster Energy soda, from a diamond encrusted chalice, while kicking, mind, old men in wheeled chairs down idle elevator shafts.
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The Fly is God.
Well, dug finally filled the gap, hopefully next week arrows up.
Nice win on JRJC, wow.
easy on us old men – we have taken enough of a beating
Fly is The Raging Bull.The recession is over folks.Go long.
What kind of country/financial system/market banks it’s every motherfucking move/direction on each and every move of its bankrupt government?
First the bailout/tarp,then the bailout/tarp, then this fucked Pelosi/Reid circle jerk.
Fuck these cocksucking otb bucket shop degenerates.
PS:
fuck you art cashin
The Zombie is a chronic ball-licker
Dollar down stocks up?
Pretty funny:
Wall Street Monkey Bidness Explained!
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Dollar down stocks up?
It’s good to know somebody’s paying attention in class.
I was beginning to feel like former Officer Presboluski over here.
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ppt just ranked boom “buy”
SO WHERE IS THE VOLUME ON THIS RALLY? take away that big 15 minute opening bar (48M) and this rally doesn’t have the juice behind it for a continuation move imo
Within a few days/weeks this stimulus euphoria will subside and then what? The downside to the “big bang” stimulus approach is what’s next?
Once the gov’t stops shelling the bears with artillery and the troops climb out of the trenches to take the hill, then what? That artillery made a lot of noise and dust but those machine gun nests are hunkered down in steel-reinforced bunkers, waiting for gay troopers in leotards to prance into their kill-zones. Yes, the kill-zone. That’s where this market is headed.
I hope I’m the A+ $ pupil.
Also, Jake, viz the yen, maybe throw up a compare of Yen/SPY
Stocks perhaps worth checking in on here for sentiment.
BAC, MS, XOM.
hmm. It appears fins failing and XOM leading upwards. See it now Mdawsz?
Don’t rule about ability to run into close, but, let’s do the right thing at that point.
Photo of DevilDog in China
http://www.trekearth.com/gallery/photo405857.htm
COF will fall to pieces if this thing breaks down…
bek,bek,bwacckkk, we’re back, bwacaaacckkk!
Jake-
Check out the huge symmetrical triangle on UUP. I’m not talkin about the one with the eye on the flipside of the bill, but the chart. Very close to breaking to the downside.
Proshares, lol!
That was gold.
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CAP-
I’m assuming this is still your position:
Long FAZ $63.89 Avg cost basis
Short C – $3.51
Short BAC – $5.77
Short JPM – $23.66
Short WFC – $15.59
That first one is fucking debilitating. 🙁
I see dead devil dogs….
and I see inverted head and shoulders on energy names too…
UHH…WTF was that?!
Did you guys see what happened to USO at the end of the day?
I made just over 50% in my trading account over the last 60 days, which is when I started with a clean slate. This is good, right, guys? My account is TINY though right now so that skews the results. Wish I had more capital, but hey it’s all in real estate and inventory.
In my IRA I’m roughly the same balance as 60 days ago, which I guess means that I should actively trade the IRA.
Nobody calls a turn in the market like Fly, I listen when he says it’s turning.
I went all long yesterday and loving it today. ‘Course next week I might be ready to get out at a moment’s notice. Thanks for all your help Fly, I’ve learned a lot from you and the other tabbed bloggers.
Party hard boys. The clock is ticking. When it tolls, its over for the Bulls.
WX is ripping too – way to go fly!
FLY.. i thought u said you wouldnt fuck around with those proshares 2x faster way to love money bullshit mechanisms.
Volume on XOM, CVX, DIG and DUG are all about half of normal??? Me thinks bullshit moves on all 4 of them. Long DUG and adding.
Nice % Bocca.
Good weekend all.
BAC is the buy of a lifetime.
I know I said that when the stock was in the $30s, but I really mean it now.
Boca – Nice job.
NOW would be the time to short XOM if one were so inclined…it’s at the top of it’s declining trading range…
Also, CRM losing it’s talented executives…short with stop at today’s high…
You’re welcome.
It’s funny how the Fly claims to be up 14% and has been getting his balls kicked in the last 2 weeks. Long SRS Short XOM. Next to Cramer your’re the best contrarian indicator. Priceless.
USO is another retail investor fake out, and is something like 20% of the nymex futures trade. they moved to the march contract today and went nuts. any fool that is long USO is just asking to have their hard earned cash transferred to the account of folks who do this nutty shit for a living. GLD is another retail investor joke.
You can trade these jokes if you know they are jokes but you have to be the fly or a subgenius to do that. or you can just fade the rallies.
How many people who made their money from something simple like contracting have transferred their wealth into the maw of these ETFs.
watch GLD fade over the next couple of months….
Hi Guys!
Just want to let you know I’ll be hanging around til 2016 or so.
Thanks!
It’s funny how the Fly claims to be up 14% and has been getting his balls kicked in the last 2 weeks. Long SRS Short XOM. Next to Cramer your’re the best contrarian indicator. Priceless.
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that was my thought exactly… but this is his blog he can say whatever he wants
I sold SRS near the highs yesterday, fuckface.
I am real time, unlike you, asshole.
We feel your love . We know how much you need us. We are glad to see you so happy.
Check all of my posts, you cockless bastards. I fucking gave you exit points to the second.
It’s not my fault Mother Market ate your cocks and you are now pennyless bitches.
I like SRS again here
Looks like a nerve was it. Only liars sell at highs haha.
pro,
Photo of DevilDog in China
http://www.trekearth.com/gallery/photo405857.htm
Did you take this photo? I have traveled through YuanYang, it’s in Southern Yunnan province. I am planning to travel through Qinghai province this fall. Not a lot of tourists and many tribal people – very interesting
As uncomfortable as it makes me, I sold out of most of my shorts this morning and have been buying bank/energy blocks here and there. Rest assured, these fuckers will be sold in the near future and I’ll be back to full speed bear mode immediately thereafter.
I had a chance to eat dog as my wife & I were traveling w/ a Chinese friend. I said OK but declined when he said they’d have to kill he dog if I wanted to try it.
Will you never learn? How easily you are fooled.
You insulted him a little bit…
14% is a “good start,” indeud.
If this is any indication of how the PPT works even in this shredder of a market, please roll that thing out forthwith.
________________
Beautifully done, Boca.
The Fly hardly needs a peon like me backing him up but he SRS yesterday at or close to the HOD.
This I know because I am currently berating myself for not following him… and I still have SRS. I will add after this ridiculous rally is fucking over…
The Fly really is god…
have good weekend …
jingle
It’s funny how the Asshole Tim comes out of the woodwork on a +3% day to throw his dovish witty lol’s at Fly. See, Tim is the pigeon-footed herbivore that grazes on dying plants. An erudite carnivore trader owns a time machine and knows the outcome of the market and trades around fuckery.
To help understand, The Fly sees Venus Fly Traps and buzzes by them, causing them to waste their energy and fail. You see the same plant and think…food…NOPE! DEAD!
Oh my aching asshole…somebody please tell the market to stop the reaming.
I guess I’m no longer relevant. Reflation and global growth is all the rage again.
Mike,
Although I do take a lot of photos. I can not take credit for that one.
Just curious how were they going to prepare it, roasted, fried, or baked dog? I just threw up in my mouth a little.
Fly-
What boca said (her last sentence) and then some. Thank you..
btw, I went out for coffee yesterday with SRS just under $64 and climbing. By the time I got back it was falling fast and Fly had posted that he’d booted all of his and was adding to longs. So I did likewise.
Thanks for that.
Once again stocks up big and the VIX is flat. Something big is coming. There is still fear and it is real. Just further makes me believe this is a short covering rally
Peewee, pleasse.
Pleash, Peewee-
Pleash put down the corn cob…
The S&P just couldn’t quite do it. It could not hold above the 50 day SMA. Next week should be fun filled
Thanks guys 🙂 It gives me the courage to go forward in this market. At one point last year I felt like packing it all in, but decided that was an emotional reaction and kept going.
T Moe, I do think short covering is a big part of it, but I’m going to ride that wave for a little while.
Of course BAC doesn’t need anymore gubmint $, they have 100M registration ready to go as soon as the 50dma is broken … fade the 50 before the offering
Fly,
You pox infected bastard my favourite quip of yours is even when he Fly appears to be losing he is winning.
Keep up the good work!!!
WTF??
No wonder the Fly is always complaining.
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Hmmmmm — re; UUP and it’s triangle.
Yeah, and you could make the argument that it started to break down out of it at around 1:35 or so today.
UUP is a tricky fugger though, you gotta watch it. Just yesterday I thought it was breaking OUT, and now it looks to breaking DOWN.
That’s why I watch DXY as well, as a check.
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Pro,
It didn’t get that far. If it was already prepared I’d have tried it. Don’t misunderstand, I strongly disagree with the practice, but I was curious.
BTW The area where the photo was taken is fascinating check these out: http://images.search.yahoo.com/search/images;_ylt=A0S02031qYxJlHwAMYmJzbkF?p=yuanyang&fr=yfp-t-501&ei=utf-8&x=wrt&y=Search
Ready for the down move next week?