This country is without honour. Therefore, its underlying stock market, where men high on cocaine do business daily, operates without dignity and a moral compass. It is, mind you, without virtue.
Today, investors circle jerked around the merger of two losers: [[PHM]] and [[CTX]], as if it means anything. And, people went long low quality trash, rather swimmingly, all day long.
As you know, “The Fly” is long his share of bullshit names, such as [[PKD]], [[LDK]], [[AMKR]] amongst others. Naturally, into the bell commercial Re stocks enjoyed a “WTF moment,” sending SRS reeling. I am fucking sick and tired of the asshole hell ride this etf is on.
Fly moves of note: sold out [[ISIL]], [[WRI]]. Bought LDK, PKD, FAZ, ERX, AMKR and [[TER]].
If you enjoy the content at iBankCoin, please follow us on Twitter
May I suggest that Obama and the Queen are of the same blood line
*Listen to Space AM 640 Toronto
Fly, you will like
Honestly whats the big deal?
Its a sign of respect to bow to someone. Jeez. I like the world not hating our guts anymore.
Obamas doing a kickass job. I will stand up for him when no one else on this site will.
Props to Jeff for repping the 416/905/647
You’re a pussy.
The President and some terrorist King are not on the same level. The Terror King should kneel to the American, not the other way around.
Fucking pussies you all are.
You have distilled trivia out of a vat of serious.
Obama is continuing the idiot Bush’s transfer of $trillions from your spawn to crooks and bond holders …and you note that you don’t like his curtsy?
From previous thread Fonzie said:
the faz is back below 18 again, gshh..
The Faz has “jumped the shark.”
_____________
I think he was trying to suck his cock versus a bow. Possibly a Sinclair smile moment.
Any fucking way fuck those homos, I want to talk about the manipulation in CRE at the end of the day. Look I fucking laid into some HME at 32.50 today only to see it shit the bed a dollar then miraculously at the end of the day finish higher. What the fuck is that about. Also what the fuck was that major opening gap in ACC? This shit has issues, whoever the market marker is on these names needs to have his recent college graduate balls removed. Fucking egregious.
I too will stand up for Comrade Obama.
Me too.
Comrade Obama did a good deed for me the other day.
Bombs away.
Pete, regardless of whether you are a pussy or not:
The “Kingdom of Saudi Arabia” is a false colonial construct in the first place. It’s about 80 years old, and the clown in the toga– the one Obama is arse-kissing– is the grandson of the one bedouin chief who was able to unite a group of peripatetic tribes under the banner of medieval militant Wahabbism.
Saying you “respect Islam” (even when it’s clear you do not) is one thing. That’s diplomacy.
Going out of your way to bow and scrape before hard pipin’ Wahabbists who take to weakness like wolves to crippled lambs is, on the other hand, idiocy.
And to Slim with the distillery above — if you think the projection of American strength in the ME is of “trivial” consequence to your “spawn,” you must have fallen asleep after the Yalta Conference.
____________
Motherfucker SRS.
And did you guys see Simon Property Group at the end of the day? http://i39.tinypic.com/20usgev.jpg Now, I ask you — what am I missing? What’s to be bullish about in regards to SPG?
Why is there massive volume at the end of every day on SPG?
Anyone remember the olympics in barcelona a while back? The US Team made a point of not dipping the flag as they passed Spain’s royal reviewing stand, the reason being that the American people do not bow to royalty. I agree that in some social situations it is polite for a gentleman to bow, but this was an official state visit where Obama was representing the American people. I don’t think any American president should bow to any monarch when operating in that capacity. Leave the curtsy for a private meeting.
And no, this doesn’t matter all that much, but it’s just one more reason this guy just doesn’t have it all dialed-in. Like the Fly said, he’s a kid in a paper hat trying to pilot a battleship, or words to that effect.
Obama ‘say hello to the new boss, same as the old boss’
CRE lobbying for TARP or TALF or TAINT or whatever the fuck they’re calling it:
Repost – http://online.wsj.com/article/SB123914790506498993.html
Yeah – repping 13% of the area codes in Canada – woohoo!
(there are only 22, right?)
To Gappy, Anton, Fly and anyone else picking up the molten rod of SRS these days:
You’ve seen what the gov’t is doing. They are now extending TALC-um powder unto even the shitty insurance companies.
Who buys real estate?
You also saw what the Treasury is doing with the CRE clowns… offering to extend them 3 to 5 year loans.
The gummint, no matter how dumb, or misguided, will always have its way in the short term.
Why not wait and let the fakestorm pass, and then take a swing at their skulls?
__________
Hold on a second, it’s all a big mistake…
Breaking explanation from the Press Secretary:
Obama just dropped a contact.
Check it for yourself, it’s the only explanation.
_________
Have to go back and look but I thought The Fly had a resolution to piss on levered etfs with a vow to never touch them in 09
President’s working group on markets. A mind-boggling push between 2:30 and close. It’s got all their fingerprints. Looks like they’re moving on from trying to manipulate the banks’ stocks directly. Maybe someone finally got bright to the 88 trillion in OTC derivatives JPmorgan is holding. Since the derivatives magnify the original losses, better to stem the bleeding at its source.
That’s just my conspiracy theory. Anyone know of a way to look at the historical action in the order books?
“…molten rod of SRS…”
Indeud.
I’m at about BE with this POS. If the fear of God and holding thru Easter weekend doesn’t cause this thing to rise from the dead in a seasonal miracle tomorrow, I’m O-U-T.
There is no making sense of this market, from my humble POV. There is no, no, NO effing way we should be up where we be at. It would make more sense for the gov’t to give every Americano $10 million in “walking around money” to “stimulate” the market back to life, grand mall seizure at the mall style.
Let’s all do the St. Vitus Dance!
—–
Thanks, Jake.
Jake:
I agree w/your comments on Saudi – Read “Sleeping with the Devil” Robt. Baer.
That said our foreign policy has been a continuum of mistakes since the 60s. But particularly damaging since Soviet withdrawal from Afghanistan
you just do not get it. banks are going up
OEW Update: Market going higher once 830 taken out!
“The recent action in the market appears to be taking too long to maintain the current count. So we have upgraded the rally from SPX 780 to 846/843 to a Minor wave 1, and the recent action Minor wave 2. This suggests that the market should soon venture into Minor wave 3 of Intermediate wave C. SPX 815 has been acting as decent support during this pullback. Once the SPX gets over 830 it should be on its way.”
Looking for 870 and possibly 910 to complete this intial leg up … see what happens (still egregiously long with WTF hedges FAZ & SRS).
Was he bowing…or ducking?
http://www.hermes-press.com/bush_kiss.jpg
A non-issue. Like the all-stock merger of 2 home builders.
That bow may signal a continuous “petro-dollar funneling into US investments.”
Saudi – the fellow with black gold but no doomsday protection
US- priest with godlike weapons
Its only supply/demand here. You rub my back, ill scrub your back. -Obama
Those investments, in my opinion, can only enter the bond market as the safer choice for the saudis.
Kneel before Zod.
well…I’m still LMAO at the…
“waterbugs and rice” reference !
—————–
Too freaken hilarious !!!
.
What Obama is doing abroad is disgrace for America. He is bending but not getting anything in the back…
Fly, I never thought you buy penny stocks.
April 8, 2009
HALTOM CITY, Texas—A woman called 911 to report she didn’t get as much shrimp as she wanted in her fried rice at a Texas restaurant.
Haltom City police on Tuesday released the taped emergency call, in which the customer is heard telling the dispatcher, “to get a police officer up here, what has to happen?”
The customer also says: “He didn’t even put extra shrimp in there.”
The upset customer had left the Fort Worth-area restaurant when an officer arrived Monday afternoon.
Restaurant workers say the woman had been denied a refund after leaving with her order, then returning to complain.
Cook June Lee says nothing was wrong with the meal, and that “some customers are happy. Some are not.”
My (admittedly) unqualified prediction:
SRS trading above $80 within six weeks. I’ve said before – that molten rod will temper itself on bull tonsils by way of colons. It’s going to be a spit-roast, and those who hang on will not lack for tzatziki or soft pitas.
Here is my proof – nitwads over at CNBC think this is a pullback and you should buy in for the rest of the “bottom” recovery.
http://biz.yahoo.com/cnbc/090407/30089676.html?.&.pf=retirement
Gotta go – gonna start shorting whatever it is Cramer’s pumping this week.
Lets all raise our glass tonight and toast a great man. A man who has been a champion of the average joe. A man who has stuck his neck out time after time, and always had your best intrest in mind.
Cramer, thank you for everything you do . Your friends at ibankcoin will always be grateful and loyal supporters. Keep up the great work.
Congrats and the 1000 shows and here’s to a 1000 more.
Here..Here.
Realmoney.com will always have a tab on FLY’s blog here at ibankcoin.
Cheers
Caught In A Hustle – http://www.youtube.com/watch?v=pXtQE-MhY5k
A BOW?????? A Fucking BOW???????
This mountain of poop and stale-dated testosterone over a BOW??????
Horrible, reprehensible and shamefully unpalatable as it might be to those of us somewhat reddish around the neck;
it is a fact that the very last President of this country who absolutely and unequivocally REFUSED to kiss Saudi Arabia’s ass was….. are you ready for this boys, girls and girly-boys???????
The correct answer is…. JIMMY CARTER…. them’s the facts…
Did I ever tell you about my disdain for new jersey women. I fucking hate the cunts. I can’t tell you how many times they have lived up to their stereotypes. I almost hate cre as much as these bitches, almost. The manipulation in cre is sickening however I believe shorts will eventually be enriched when this asshattery resides and staggering losses kick in. Reading through many 10ks over the weekend I can assure you companies are shitting themselves. I expect massive dillution is on its way but investor reaction will tell if little green men buy up the dillution. Off to water polo.
^^^^^^^^
Only because he was too busy, what with his nose burrowed up Yasser “Ringo” Arafat’s hairy can.
_____________
If Obama bowed any lower his ass would have been in the Kings face.. Guess, every Palace needs a Jester. I cannot believe this asswipe gave a donation to Italy on behalf of the USA $50, 000.
This is an insult to us and to Italy. 100, 000 homeless, maybe they can buy some Ipods…
I’d give you karma for the water polo, Gappy, but it might be misinterpreted by all the ladies I love down in Joysey, aka Flapsville.
Whoever it was that asked for time & sales – CME releases it for all futures contracts (in disgusting detail).
I’ve actually used this to successfully dispute 3 bad PT fills on TOS. Price crossed the PT on each occasion but no fill. Called TOS, they called CME, money added to my account. Wonder how often that happens daily??
http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_quotes_timeSales_globex_futures.html
Obama wasn’t bowing, he was merely performing the Cap Autofellatio Procedure (CAP) in the hopes that the market would continue to rally higher.
He is subservient and apologetic. Just the sort of nice fellow that gets kicked down an Afghan mountain.
The only balls he has are the ones he dribbles in a game of hoops.
I rather like the young man, actually. I especially appreciated the video clips of all his speeches on my new iDop.
Off to drink a doubleshot of Beefeater and Tanguaray.
Talley ho!
Gappy is quite the lovah you know….he is so cute. A little on the small side but sooh cute!
I do know to nevah intarupt him when he’s tradin…he gets soooo angry sometimes.
Speaking of “dipping our flag to Spanish royalty…”
From today’s Wall Street Journal Editorial Section:
The State Department Just Doesnt’ Get It
Judge Baltasar Garzón, an ambitious Spanish jurist, last month ordered prosecutors to investigate six men who served in the Bush Administration on criminal charges related to “torture.” None of the prospective defendants are accused of torturing or ordering the torture of anyone — only of arguing for legal positions of which Judge Garzón disapproves. He asserts that the principle of “universal jurisdiction” gives him the authority to try U.S. officials for alleged violations of international law.
At a State Department briefing last week, a reporter asked Gordon Duguid, the acting deputy department spokesman, for the Obama Administration’s position. His reply: “I’m not aware of any contact with the Spanish Foreign Ministry on this. It’s a matter in the Spanish courts, as I’m given to understand. I don’t have a comment for you on it at this time. The Obama Administration’s position on the matters that are under discussion, I think are quite clear.”
This is about as unclear a response as one can imagine. Far from being a mere “matter in the Spanish courts,” Judge Garzón’s action is an assault on American sovereignty and the integrity of the U.S. legal system. And while some in the Obama Administration may be tempted to cheer him on for partisan reasons, they risk helping to set a precedent that could easily come back to hurt them.
While President Obama has politically repudiated many of his predecessor’s antiterror policies, his Justice Department has stood by many Bush legal arguments in national security cases. If former officials can be investigated — and, at least in theory, indicted, arrested and tried — on Judge Garzón’s say-so, what is to stop him or some other freelancing foreign judge from one day putting current officials in the dock for reaching supposedly faulty legal conclusions?
Even if the principle of national sovereignty leaves Mr. Obama and his appointees cold, the imperative of self-preservation ought to concentrate their minds and make clear that Judge Garzón’s meddling in American policy is unacceptable.
________________
Wanna bet they blow the crap out of these pirates? You know, to flex a little. Show how tough we are.
Not North Korea, not Iran, not AIG…pirates.
Almost as if it is scripted. Odd, no?
Tell me if this guy is on to something or if he’s on crack. Inquiring minds want to know.
http://www.financialsense.com/editorials/litle/2009/0330.html
Funny.
GS takes a dive in an up-market today, after flying high in a major down-market yesterday.
MOS has super-terrible earnings, then runs up the day after selling off.
We have a serious disconnect in all phases of market realities here.
Finally, the great Obama master, BOWED down, to the oil sheik…and it is recorded forever on tape that way.
Let’s face the truth….he bowed…he is obviously impressed with the uber muslim power-base.
This is simply, because he is a MUSLIM first, an atheist second, and a “christian” third.
After all, to run for prez in this country, you must be a Christian.
Only then can you get elected…..and THEN you can fly around in the ultra deluxe pimp-mobile…
Air Force One.
Bow Wow Wow.
http://www.goldmansachs666.com/
Overview of US and world in recession from Dr. Happy. I just wish he didn’t sound like he’s always on the verge of saying, “I vahnt to dreenk your blood.”
http://www.theglobeandmail.com/servlet/story/RTGAM.20090408.wvRoubini_full0408/VideoStory/VideoLineup/News
Dr. Happy slams cramer, just for fun:
http://www.theglobeandmail.com/servlet/story/RTGAM.20090408.wcramer0408/BNStory/VideoLineup/
With all due respect, that portfolio blows chunks Fly. Get a grip before its too late.
I call shenanigans – the real Fly would never tolerate a dog shit portfolio like that – it looks like something a ladies investment club would come up with.
(and remember I said with all due respect)
All of you “Obama-Bashing-Knuckle-Draggers” need to…
…GIT OVER IT !!!
————————–
The Dems WON this time around…deal with it !
This Country has suffered through 8 years of the most ENEPT presidency in the nation’s history !
The Bushy Regime has all but destroyed this country…on SO many levels !
I’m willing to at least give Obama a chance to repair the damage…and to make the best of the lousy hand he has been dealt !
Those that wish him ill will…and constantly offer nothing here on this blog but derisive, devisive (if not outright racist) comments…need to turn-off Limbaugh and Hannity…and do some serious self-examination !
The World…AND…this Country would be better off if you did !
And to all of you Neanderthals who will NOW feel compelled to hurl insults and invectives at me…
Fuck Off !!!
.
What do you suppose is eatin’ Alf44?
I’ll welcome ridicule of Obama’s support for Summers and Geitner trying to prop up the market. On the foreign policy side – fair game, people are bound to disagree. But let’s leave the nutwing conspiracy theories and vague accusations of being alternately a socialist/jihadist/domestic-terrorist-lover/bilderberg group pawn/etc/etc to the goldbugs.
As John Stewart recently put it… You lost. It’s SUPPOSED to taste like a shit taco. (Trust me for eight years that’s what we’ve had to deal with). Criticism is the lifeblood of democracy. But get a grip on reality – he’s not coming for your guns or plotting the one world currency. He’s trying to repair our influence and prestige abroad. I’m waiting to see the results, but if he can deliver then who gives a shit. If he can’t deliver then have at him. It’s been, what, 10 weeks?
@Lazy Man – That wasn’t exactly what I was looking for, but has plenty of merits all its own. I’ll be sure to look over it. Might even help my predictions to be somewhat less unqualified. Stranger things have happened.
Correct. Obama is just trying to kneel to foreign leaders, while fleecing the treasury at home–all sound policies.