In case you are wondering, yes, I am bringing my A game to The PPT, only for those who find it in their black hearts to buy Woodshedder a new toilet bowl, via subscribing.
NTGR took the fuck off. SWHC and RGR are going gangbusters and, yes indeed, my gold short, DZZ, is making you gold bugs look stupid. Apocalypse gun plays, BGFV and CAB, are starting to go and my egregious short in the euro, via DRR, is behaving rather well.
In short, I am winning.
Today, I initiated a new position in GLW and intend to sell it north of $11. In addition, I am encouraged by dollar strength to tell you, asshole, oil is most certainly going lower. Eventually, the market will go higher. When it does, stocks like GLW, INTC and NTGR will rip to the upside.
With my money, it makes sense to get long, providing I keep a short leash on the positions. Ultimately, we will collapse and the S & P will touch down on 500. However, before it does, I intend to have fun, by making it interesting and eventful, every step of the way.
Top picks: DUG, GLW
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What’s with SRS? Even worse housing news today and it ends up just following the stock market. Am I missing something?
Berkshire received a nice daily confirmation today.
Volume wasn’t great.
U.S. House Approves $410 Billion ‘Omnibus’ Spending Bill
What the hell was this about?!!!
Ya, cut the budget deficit by half my ass.
Rook SRS is the work of the Devil.
PPT….is good stuff, only weird thing is… Fly and the staff have been wearing Kahki Pants and Navy Blue “Denninger Blazers”, with plastic Name Tags. Get it while its still cheap.
CAPITALIZE ON GOLD SHORT
HOLD ON TIGHT FOR GLW – don’t sell too soon. Are their stated earnings real?
Is it true that Woody will be getting a gold plated throne in his outhouse?
Fly,
Remember to bring your A game to iBC also, for it feeds people into the PPT, like myself.
Always.
My iBC moves have been Godly. i just get a little more detailed on PPT.
Yes, my heart-pine toilet seat is getting a little old and moldy. Not to mention, sticky, as the 100 year old pine sap is still working its way out. Tough to get up off the ol’ johnny spot some times.
I’m holding GLOW WORM since $16… no brainer….INTC $14.50 I say they’ll both be over $25 in a couple of years.
_____________________
I don’t know why this cracks me up….Houlihan’s Restaurants here in KC have been running a DOW Jones promotion they have spent thousands of $$$$ pumping this thing.
When The Dow’s Up
Free Italian Donuts To Every Table Dining With Us
Promotion valid Feb 9th thru 27th
http://www.houlihans.com/dow
Hey Houlihans..How’d that work out for you?
I noted in a previous thread that I recently read an article that people were buying handguns in advance of potential taxes/regulations, etc. that they think Obama will put in force.
This isn’t the article I was referring to, but it shares the exact same sentiment:
http://www.foxnews.com/politics/2009/01/16/firearms-associations-claim-obama-drove-surge-gun-sales/
mrkcbill eats at I-Hop….not Houlihan’s. He also orders off of the kids menu.
Henry,
Your enthusiasm for SFLY got me interested, as this is a Fool’s market.
Stop me if you’ve heard this one: http://timothysykes.com/2009/02/05/why-i-bought-shutterfly-inc.-sfly-amp-think-its-solid-earnings-induced-multi-month-breakout-will-continue/
RE mrkcbill
leave it to the Irish to give Italian donuts..what are they called ..Spagnuts of course
Gee. I have missed Jed’s quips.
Always entertaining (for the most part).
Must be hanging out with the cool people like Lady G. in the PPT forum.
What’s this PPT thing you keep talking about?
-DT
Jed, likes to graze at the Costco Food Court.
mrkcbill is 40 years old but shops at the kids section in Old Navy
Jed, Payed 10% over sticker to own a Smart Car.
Great calls. I guess those who subscribed early already made their money back, so in a way, they got a trial subscription.
I might add, that the discussion session going on in the PPT under your SWHC post is very high quality.
This little piggy stayed home!
Now do you believe me? Gold is going down. Cramer is bullish on it.
Like the proverbial blind pig — or Devil Dawg — Cramer sometimes finds an acorn.
Now stop doing your “Look fellahs, I’m Devil Dawg, bark! bark!” act, and get back on board.
And if you were “looking for a long” I would’ve given you MON.
I owe you that much, at least.
____________
Jake, you like the MONster right here right now?
LOL This thread is giving me the screaming giggles.
What does PPT stand for?
Homer
I like MON with a put selling entry. Sell the $75’s or the $80’s here. If you get the stock, you are lucky, if you don’t you collect.
_____________
Fly, damn I wish I was as smart as you about DZZ and gold. You have such vision ahead of the herd. You are the man. I wish I was you.
Long guns
Fly
Id like to have a tab here at IBC.
Lets chat.
Heres a piece I put out this morning on DT’s first post.
Its quality.
Scene 1: [Ass Napkin and Fly hanging out at home last night]
(ass says) Hey Fly, someones at the door for you.
(fly says) [yelling from on the toilet]
Who the fuck is it?
(ass says) I dont know. He said his name was Dinosaur Trader or something
(fly says) DT? What the fuck…….
[fly rushes out of the bathroom with his pants at his ankles. Sporting semi wood, he shuffles to the door as though hes about to punch off DT’s mustache]
(fly says) DT!?!?! Where the fuck have you been? I got sick of waiting and figured Id do it myself.
(dt says) Sorry, man. I just wanted to finish my first piece for IBC before I did it.
(fly says) So youre really gonna do it?
(dt says) Ill do it, but Im not gonna swallow….no fuckin way!! You know Id love my own tab, but swallowing isnt gonna happen. No way.
(fly says) DT, this is ibc we are talking about– not some third tier blog. How do you think Gio got his tab? Exactly.
(dt says) Fuck!!! Alright, lets just hurry up and do it so we can have this article up by the morning.
(fly says) After you……..
[ fly and dt head to fly’s office. fly sits in his leather chair (not from Staples) and dt get on his knees and]
To be continued.
Now do you believe me? Gold is going down. Cramer is bullish on it.
Is he? hahahahahhahahahahahhahahahah
Maybe it doesn’t move seeing Dogbreath is bearish.
@TraderCaddy – I do believe the neighborhood has improved, since the PPT made its debut. I thought Jed might have drowned or shot himself with his new gun or something… 🙂
That was gay.
Ass
That’s the funniest thing I’ve read for ages. So Shed is a knee padder?
That was not funny. Just retarded.
FLY:
Being right in a bear market doesn’t make money. You are smart enough to change on a dime but the poor fucks that fallow you will go broke. You are one crazy fucker! Fun to watch. Beats CNBC any day. Keeps me from going to sleep.
Warning: The gayness of that post can produce visions inappropriate to homophobic bloggers.
Nah. They will change on a dime too. Everyone here will be rich!
I picked up a few good ideas from the ppt. We’ll see how they turn out.
Ideas of a EUR-Area Breakup, as purported in anglo-saxon media, are plain wrong. They simply fail to recognize that there is a difference in the underlying value of assets in Eastern Europe vs. U.S. 50 years of communist underinvestment in Eastern Europe create a strong underlying demand and real need for durable goods, including housing, where as the U.S. is suffering from a structural debt-driven glut, reducing the value of these assets to zero.
As soon as that fact is recognized, the EUR-bearish psychology will shift to the contrary. The USD-sell off will be violent.
(currently holding April EUR-Puts, and building 2010/11 USD Put Position)