Take your trades and move the fuck on. I just sold out of most of my SWHC, north of $3.95 trade and all of my RGR, north of $8.80, for a handsome profit. For now, I will let the proceeds linger in some stupid money market account.
I still like GLW here. I will not marry the name. However, I am pretty sure the stock will go to $11, short term.
Oil is up, as stupid people, who eat peppermint patties for breakfast, buy oil stocks, as if crude was $100. Fuck that.
I still like my gold short, via DZZ. And, I like LNN down here, up to $30.
If you haven’t figured it out by now, the market is buoyed by yen weakness. Take a look at the FXY. That cocksucker has been rocked this week to the tune of 8%. It’s obvious, with exports in the shitter, The Bank of Japan is intervening with the currency trade, making the yen weaker.
For now, I think the rally can survive, if only for another day. I will be looking around for a new name to accumulate, within the hour.
If you enjoy the content at iBankCoin, please follow us on Twitter
Jerry Springer denied mrkcbill from coming on his show because as Jerry said “He is just too pathetic for this show”
Jed owns a Vespa
^^^^^^^
and rides it with full leathers…
joined ppt how do i access
Thanks Master Fly.
Do you have a favorite Tech or Bank short?
this rally is yet another built on smoke and fuckery.
Fly,
What sectors will have the most pop when we get the big bounce?
Keep speaking the truth!
where is the bald gold fucking retard Cramer now..someone piss on his shoes, and throw a hot Venti latte at him..what a fuckwad..
Volcanic
If you have trouble, email my IT guy.
Sold my 2000 shares of USO at 27.50 — my original target. Oil could go higher, but I dont trust it. The move from 24 was fun. Time to get off the bus.
Also selling my remaining SWHC right here, at 4.00 — it’s beginning to feel very toppy.
The bad news is I have no hedges. I’m 100% short again.
surely Michele Cabrera sucked goat dicks in Tijuana..stupid transvestite faced beaner bitch. Fire all of CNBC except Santelli..
Ehhh, I dont know about being bullish here… Most of the gains were made by the weakest stocks YTD (short covering).
Until we break 778 on SP500, there is no reason to think that new money is coming into the market.
SRS – Exploding higher…
Sometime down the road, I will begin shorting USO outright…
Phil, it might be a bit painful as we run up to 790 😀
It’s four years of ABAO (Always Bet Against Obama).
The man hates Wall Street, loves government, and loves Hamas.
Does anybody thinks Steve Leisman on the Fed’s payroll?
I mean, when was the last time he DISAGREED with ANYTHING the Fed has done?
Don’t even get me started on Phil “GM” Lebeau….
The Obama administration is stupid, and caused a lot of unnecessary damage to the markets. They should have came out in unison declaring that the banks were NOT going to be nationalized. But fuck no, Geithner (deer in headlights) released a partial plan that was ambiguous, with many unanswered questions, ultimately killing the equity markets further.
They had one opportunity to get this right, and they fucking blew it! Now they’re all out there in the media, trying to convince investors that nationalization is completely off the radar. These fucking idiots should all be recalled. Fucking morons!
Donny – How’s FAS treating you?
TC;
One more. he probably hates Jews.
Sold RIC @ 2.49 BOT SLV @ 12.95
Going to build me an outhouse made of silver bricks.
What is PPT?? how it works??is there any free trail?
Charlie-
Not good, and ironically, I removed my stop and still own FAS. The good news is, I also own 3k BAC at 3.94.
I will say this, it really PISSES me off to know that I’m right about the banks … while at the same time, I listen to uninformed idiots scream about “nationalization”. This kinda reminds me when I bought SMN last April, knowing that commodities would crash, only to watch IDIOTS cheer as stupid fucking stocks like Potash reached all-time highs, and I got hammered. BTW, I held my position and latter sold SMN for more than a double last fall.
DRUNK&STONED -That’s a given. At least I believe it.
Remember those tapes of Obama (during the campaign) that the LA Times refused to release. Supposedly the tapes were of an anti-Israel rally he attended where anti-semitisim was being spewed out.
Some day they will be made public.
hey Phil_from_Brazil:
so you just sold USO and SWHC and you are 100% short? What happened to sale proceeds? do they teach math in Brazil?
FRPT – force protection – now that everyone has a gun..the government needs to protect themselves, this tock looks good.
http://alphalobotrading.blogspot.com/2009/02/frpt-looks-higher-se-ve-alcista.html
all i care that he puts US first. All other countries are secondary… including but not limited to…
LNN… Oh how the mighty have fallen and for what. With Labamba’s spending package infrastructure should be on fire soon again when it comes to municipalities and roads.
to Phil,
Not sure what you mean. I had 2 stocks long, and other stocks short. Now, I’m all short.
My gains in SWHC were pretty sickening. As it was my only long for quite some time, I piled a huge position. I can afford to take some additional pain if the market runs a little higher. I’m still gunning for DOW 6000.
Jed watches his Carbohydrates @ the local Jenny Craig.
TC;
I never knew about those tapes. I hope the tapes do exist, because I agree with you, someday, they will be made public.
Donny Douchebag on CNBC bragging about selling his dads company for 3 billion dollars and that he is the richest person in the CNBC building……
750 here we come again, fucking Obama. Fuck.
OnG producers are done for!
$5.3 billion – excise tax on Gulf of Mexico oil and gas
$3.4 billion – repeal expensing of tangible drilling costs
$49 million – repeal passive loss exception for working interests in oil and natural gas properties
$13 billion – repeal manufacturing tax deduction for oil and natural gas companies
The smooth talking Kenyan pulled off a revolution without firing a single shot. It takes a great man to pull that off.
Maybe if we speed up the process to becoming full blown card carrying communists our commmunist Chinese brothers will keep lending us money.
From the Q4 VMI transcript:
“Unit volume sales in North America fell as the farmer reacted to a late harvest, declining crop prices and the prospects of higher input costs for the upcoming growing seasons whereas during last year’s fall season customers were concerned about buying ahead of inflationary price increases, this year the customer had no urgency to commit to a purchase decision early in the ’09 selling season.”
This being the case … why would LNN be any different? If it’s municipal water infrastructure wouldn’t you look to LAYN or NWPX?
The smooth talking Kenyan pulled off a revolution without firing a single shot. It takes a great man to pull that off.
——————
i do not think it was smooth talking, but rather conditions in the country were right (as it is a case with every revolution).
Excellent call on SWHC. I bailed this morning. Thx for the heads up on entry…beauty of an ascending triangle break per the 6 month chart when you called it.