You Sir are an idiot. You walk around with your sack of banana’s and expect me to wear the monkey mask?
I will not.
Ever since the days of assholish SOUTHERN AGGRESSION, “The Fly” has been fighting for financial justice (The Fly was a money manager in all previous lives), via reading the tea leaves and eating them when done. It has come to my attention that the market is “on sale” and looks “cheap” from a “historical vantage point.” This message was relayed to me while on line at my local Whole Foods.
Thank the Lord for paper bags and organic oatmeal; I do not know what I would do without them.
As for your portfolio: Expect the government to have a hand, if you will, in furthering its demise. Let it be known, President Obama is to Wall Street what the Black Death was to Europe, circa 1348.
For electing him (not like we had a choice), all of you will get “GORILLA GRENADE’D.” I mean that in the colloquial sense, of course, as in “losing massive amounts of coin in rapid fashion.”
My current long positions are very, very stupid and I may need to sell them all, else risk losing a quick 5-10% of assets. Considering I am just 20% invested on the long side, my fears of “de-ballment” are rather grim. Nevertheless, since everyone’s demeanor is so macabre now, I am hoping the market will bounce and soon.
If not, “The Fly” shall resign himself to not giving a fuck, yet again, and kicking ugly/fat people in their stomachs, while shorting their retirement accounts to zero.
Indeud!
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Prepare to be blown to bits tomorrow! Obama will strike again says Cramer.
Fly your ads are fucked, they highlighted the word “Cramer” — Compare choices & prices on everything you want and need. Deals on cramer!
That means nothing and you know it… you’re just making funny phrases up now.
-DT
long live short the euro
GE be blowin’ up da spot!!
Do you mean Magilla Gorilla (How much is that Gorilla in the Window?)or the (in)famous Drumming Gorilla?
http://www.tv.com/video/6263/101/3728/big-game-episode-clip?o=tv&category=all&tag=showspace;video;2
http://www.youtube.com/watch?v=VdgI0j1odkY&eurl=http://gorillaweekly.wordpress.com/2008/10/01/drumming-gorillais-he-getting-too-big-for-his-hooves/&feature=player_embedded
Anybody else notice how much Pepsi’s new logo looks like Obama’s campaign logo? I just saw a series of ads in the train station using that logo in place of the letter O in phrases like “yes you can”, “LOVetc.” And “Hope”. Politics of the lord-high douchebag aside, that’s the most weirdly shameless thing I’ve ever seen. It was weird enough for a presidential candidate to have a logo, showing how commercialized our culture has become. Now we’ve immediately come full-circle and have a soft drink trying to grab this clown’s coattails.
I’m with Fly in that I’m mostly in cash (5 grand in my briefcase right now, in fact). I don’t just want to sit out the market. I want this whole charade of a nation/economy/polity to go back to normal. It seems all of the adults have been revealed to be 4-year-olds standing on each other’s shoulders and playing lord of the flies. I want to throw up.
j-daddy- You remind me of a client I had many years ago who was in the middle of a divorce. He didn’t want his wife to get any of his money so he rented safe deposit boxes and stuffed them with cash.
But then again he was also crazy. He wanted to be sure that his soon to be ex-wife didn’t get any future dollars so he shot one of his fingers off.
Long story short he is now an attorney in Houston.
How to survive in the new Obanamy: drop pants, bend forward and grab your ankles, wait for Gorilla.
SOUTHERN AGGRESSION? Fuck you, yankee! History will show that the past 120 years was merely a brilliant OPERATIONAL PAUSE!
I love Whole Food’s….. Their puts are delicious!!
G-Unit
maybe we’ll gap up in the morning before the great fall & you’ll easily exit your longs
Futes are now up. Holy Crap! Big reversal. A/H action may have been a total trick/trap.
The Fly is God!!! The Fly wins again!!!
been out all day. why is everyone so sure about tomorrow being armageddon, rather than yesterday or thursday?
Speaking of big holes in the ground…I like CMP compass minerals international?
TC,
It’s just a little petty cash for the safe I plan to get for the shotgun I also plan to get. Nothing too crazy. The Fly has a cash pile at home if I’m not mistaken. Trying to be prepared for odd times. How many headlines have we seen in the past 18 months that would have been unimaginable to most people 2 years ago?
Disclaimer: Fuck China.
Feel free to stash some $$ at my house Fly but don’t tell Fly,Jr. If he finds it he may buy himself pony.
WSJ article says hedge funds may liquidate again – I have never seen such a cascade of negative news so just embrace the BEAR. The averages are in the area of reverting towards the mean, but the averages could drop 10% more before the reversion begins. I sold FAZ for the second trip up in two weeks – 55 total freaking up points, baby! However, I am stuck with some longs like Senor Fly. Asia not too red and US futures mild green – tomorrow may be another blah day.
Moober,
The GE cds’s traded in the 800’s with an upfront fee. Part of the reason for this is that a whole bunch of CDO’S include GE CAPITAL paper that is rated AAA. Managers of these CDO’S are concerned that the rating will drop. Because of this, they have a need to bid up the GE’S CDS’S.
I hope this helps.
I am long and cannot be deballed for I have Ballz of Steel
Somebody probably already posted this, but here’s Kass’s explanation of his “we’re likely to bottom in the next couple of days” call on Kudlow’s show yesterday: http://adjix.com/dg6i
BTW, things are so bad for Larry’s 401k and GE stock these days, he’s been reduced to doing coke through a rolled up FIVE dollar bill.
True story.
GE tried to bring good things to life in Eastern Europe and now the Euros are refusing to help bail out the eastern bloc – bad for GE. I accidentally discovered a curious thing today – the 10 year treasury not yield was moving in sync with the market averages. Th yield went down in the morning indicating buying of the note while stocks were falling and it tracked the DOW and SP500 for the day. Money into the treasuries and out of stocks and then money back in stocks and out of treasuries?
Just a FYI
There’s a rubber and plastic manufacturer (AVON)near where I live that does some DOD work and they just received a multi million $$$ contract for over 160,000 gas masks. Supposedly a rush order……what’s up with that? They wearin’ them out in Iraq or planning something else?
It’s for all the tear gas they’ll be using here when we gutless wonders burn this motherfucker down.
Right On Dave.
Burn Baby Burn.
1968 Chicago all over again except this time we do it for the man at Wall and Broad.
Long live options and futures.
Fly:
Are you going to sell the longs when the market opens tomorrow or are you going to wait for a bounce and then sell?
http://www.thepolitrick.com/wp-content/uploads/2008/08/crying_eagle.jpg
Everyone who wants to riot should buy a gas-mask, bullet proof vest, a good set of earplugs,foil firefighting suit, and clean underwear for themselves and a friend. The earplugs are for sonic weapons like this.
http://www.synthtopia.com/content/2008/03/13/sonic-weapon-will-make-you-wet-your-pants/
The foil suit is for microwave weapons like this.
http://www.newscientist.com/article/mg18725095.600
They are also developing chemical weapons to turn you gay.
That shouldn’t be a problem for some of you though.
There is nothing like a level playing field with your future overlords.
Senor Tropicana:
Just get long some MOS, dude.
You know that stock will see $50 before $30.
Peace Out.
Well, I just got delivered to me(by a friend) my first hand gun and rifle with plenty of ammo. Ive been thinking about doing this for sometime and finally pulled the trigger (pun intended). Sweet!!!!
For someone who lives in a city in the northeast, having a gun is a big deal. You are doing time, no questions asked, if you are caught with it. We dont hunt or shoot shit up here unless its another human–Harlem Style
Basically, I dont give a fuck. Like Cypress Hill once sang “when the shit goes down, yea bettter be ready”.
Next mission is to start stocking food, clothing, camping gear (flash lights, batteries,matches, lamp oil, etc)
I will also be loading up on prescription medicine- everything from anitbiotics to valum and pain killers. Maybe a few oxycontin just incase Im in real pain.
After I have everything squared away and Im fully supplied, I will then look to steal your stuff
My plan is to break into your house while your family sleeps. I usually like to peek in the windows for a while before I make my entrance. I’ll break in early between 2am to 3am under the cover of a heavy rain storm. Before I walk in, I usually take a hand full of flour and throw it on my face so its totally white. I wear all black too and will be dripping wet from the rain(fuckin scary looking shit). Ill go into your kids room first, duck tape his/her mouth, then with a gun to his/her head, Ill head into your bedroom and let you see who I found. Once you open your eyes and see death in front of you,you will realize that its too late and there is nothing you can do about it. If you make a peep or any noise at all, I blow your kids head off. Thats the name of the game. Any questions?
You had a chance to prepare for something like this but decided not to. Now you are fucked. There is nothing you can do, your alarm system wont save you, the police wont be there in time, and your not tough or crazy enough to make a move when you see a 9mm in your kids mouth. Dont worry though, once I get what I want-Im out.
Before I leave, I will tie you all up. Ill be sure you know that if you try to call the cops and start an investigation–Ill go after your kids, siblings, and parents. Your call though.
This sounds extreme, but what are you really gonna do if it happens? Do you have a plan?
Time to start making one.
Ass Napkin,
Please go back to the onions and gravy fart jokes.
Yours forever,
The Bravest of Flaps
This isn’t too far off base. A friend’s (at church) son and wife were the victims of a home invasion. Their house was broken into while they slept. The son heard a noise and got up to investigate. He was met by two princes of the city armed with a shotgun. He grabbed for the gun and was shot in the knee. The two men took off and were later apprehended. Turns out it was a guy who fixed their air-conditioning during the summer and an accomplice. The son had to have bone grafts to repair the damage. He should recover with a lot of therapy.
Mike,
Congratulations on graduating from the proletariat and becoming a real American. Now go print a copy of the 2nd Amendment, join the NRA, and get somebody to teach you how to use your weapons so you don’t hurt yourself.
Ass Napkin,
You shouldn’t joke about things like that. Seriously, writing that stuff is a threat
Ass Nap – that was some dark stuff. You ok? Not like yourself.
The US just went Social.
I feel like I was raped by a clown after a birthday party
Howdie dopey fuckers. Can’t believe y’awl listen to this dumbass Fly.
MOOBER
Oh yeah, everything is grrrrrreat.
Didnt realize how dark that post was until I just went back and read it–ouch
Anyways, off to fart on my finger then get my wife a glass of water. I make sure to put the finger I squeezed on near the top of the glass where she will put her mouth and close to her nose.
Im always curious to she if she catches a wiff when she takes a sip.
BTW–The first couple of times I tried this experimnet, she didnt catch it. However, after eating Chipoltle tonight we may have a winner.
Wish me luck
This one is for the one they call FLY..
Oil producers running out of storage space
Glut caused by world slowdown leaves the world awash in crude
http://www.msnbc.msn.com/id/29495753/
So Gary Kaultbaum says we’re gonna need a bailout.
Who knew?
I think the napkin had some alcohol, tobaccoo, and firearms tonight. They all mix quite well on a weeknight as long as you keep it on the down low and just get smashed and wave it around the house at your loved ones. He needs to step it up and get a laser sight and a mounted LED flashlight attached with extra magazines.
What’s with everyone slamming the Messiah? He’s obviously a scapegoat who believes in his morality and the machine is laughing while they engineer everyone’s 401K’s into their pockets and then destroy the evidence. The last gasps of theft on the way down into the history books.
But, with my luck I’d go short on it now just in time to get squeezed into oblivion.
Ass Napkin
That will get parsed by the NSA. No Joke, Guaranteed.
Oh yeah, the NSA probably would waste the chinese loans on chasing ass napkins around in circles right down to the final gurgles of our thirty eight thousand dollar commode.
Good news:
Gay can parade in the military a la Obama.
Without a doubt, gays in the military will improve morale, AFTER all of the murders.
gun running will be a good game in the future. i’m looking to get a few sigs with some cans. if i have to shoot my neighbors, i want it to be at 70db, so as not to raise any alarm.
I asked someone this week why Barney Frank talks like he’s got a mouth full of potatoes. The person really had no idea why. Honestly.
I’m not homophobic though. I mean they are here, they are queer, might as well get used to it.
This seems to be the theme tonight
5 Devastating Weapons That Are Actually Legal
http://news.softpedia.com/news/5-Devastating-Weapons-That-Are-Actually-Legal-103986.shtml
A surprise on the legal material list is Thermite, a powerful explosive compound that can easily cut through steel as if it were butter. It comes as a powder, made from aluminum and metal oxide, and burns with a heat of roughly 2,500 degrees Fahrenheit (1,370 degrees Celsius). On the other side, it’s highly stable and requires a very hot source of flame in order to ignite. This can only be achieved using magnesium, which can also be acquired from stores countrywide.
Most people think that a man wielding a flamethrower on the streets is suspicious at best, but apparently the law has no such concerns. In the US, it’s legal to own and manage such a river-of-fire-spilling device in more than 40 states, while the rest have some regulations, in that possessing a weapon such as this can be considered a misdemeanor. Otherwise, people can buy them online for as little as $300, although their quality is relatively poor. Owners should watch how they use their flamethrowers, as when they explode they leave a pretty big crater.
Here are some stocks to watch for the Long Tail Down reversal should we lift off some time this week or next based on AD’s tutorial:
http://www.ibankcoin.com/alphablog/index.php/2008/08/27/costanza-watchlist/
1) CWEI, an independent energy company, they report earnings next Tuesday … have already started back up and s/b a buy around 24.75
2)CLF, an iron ore and coal outfit, down after aborted buyout of ANR … more liquid and also turned up some yesterday looks like a buy over 15.02
3) WGOV, provides electrical systems and components for aerospace and industial power OEM’s of gas turbines. They just acquired a TXT division and reduced earnings from $1.65-1.90 for 09′ to $1.40-1.65 as a result of the acquisition. The stock made a new low Monday at 11.55 and could be a buy at 14.55
4) X, U S Steel also a very liquid entry with a 52 week low yesterday at 16.88 looks like a buy around $19.90
The buy prices are based on current pric with no furthur price reductions … be sure to adjust your entry for any furthur price deterioration.
Maybe Fly or someone with access to PPT can provide some add’l info though these are most likely “sells” on PPT based on current pricing.
Rally to S&P 827 by mid March starting tomorrow. Odd no?
California is DONE.
Tax refunds are getting paid in IOU’s. You can’t make this shit up.
http://www.mercurynews.com/breakingnews/ci_11827833
guys, will you please stop all this survivalist bullshit. The world is going through a hard time at the moment but it is not going to end.
Da Flea is an ardent student of history, via his previous incarnations.
I’m still long Dollar yen and enjoying the ride. Yen goes to 140 150 before this is over. They have no choice.
It’s still not too late to get aboard the gravy train. Next pull back buy buy dollar yen and put it in your bottom draw. Open the draw only after a year or so and order the Ferriari after you’ve closed the trade. It sure beats trading stocks down here.
I’ve made a good amount of money just quietly focusing on this and other yen related trades.