The winds of recovery are behind the sails of the market, despite absurd GDP statistics. The days of lock limit down S&P futures are gone, at least for now.
Should we sell off into the close, I accept the loss as a mere way station to the path of gloriously greedy profits. We are stuck in the amber of range bound thinking, where investors on both ends of the spectrum are tentative about pressing their respective bets.
With my money, I am on strike, not selling, nor buying. I have my positions, along with a 10% cash reserve, and will now lie in the bed that I created.
The market is not about being right on every trade. In my case, I am not investing; but instead, I am creating art. The things that I am doing are all sponsored and approved by the Grand Recursive Order of the Knights of the Lambda Calculus, along with support from all of the stock Gods.
Any present or future market losses shall be viewed upon as generous handicaps, for your favor, in order to give ample opportunity to play catch up.
In all seriousness, considering all of God awful horrendous news, such as a WORLDWIDE PANDEMIC, CHRYSLER BK and GOVERNMENT SPONSORED FRAUD, I believe the market is taking the news flow in stride.
Bottom line: Long and strong.
NOTE: I have shit to do. Therefore, this is my final market hours post.
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what are Chrysler car sales guys doing today…really..they are so fucked sideways…UAW bitches go drink sour milk and have a pork chop…they are on sale.
How bout a contest?
What news would be bad enough to sell off?
Long and strong indeed.
The Fly is God.
Whoa? No videos?
I have a feeling this Monday we are having the next leg up on this rally…I fear this “stress test” bullshit will prove to be A LIE (our banking system is sound), therefore creating a huge short squeeze.
Who would you rather sleep with? Trish or Margaret?
Discuss…
Big Mike…neither…Tila Tequila…!
mrkcbill Says:
“How bout a contest?
What news would be bad enough to sell off?”
How about a mushroom cloud?
Trish. That was an easy one. I still recall her St Paddy’s day green sweater…amazing rack.
Turnaround Friday ahead. Being flat at the end of the day eliminates worry. This is not a market to bet large in either direction.
take care and best wishes to all.
If you’re a portfolio manager, and you have 92% of the portfolio concentrated in a single stock, and that stock is down 75% in a single day, will you soon be making a living mowing lawns?
http://www.thestreet.com/_yahoo/story/10494530/1/sequenom-fallout-hits-hedge-funds.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
“I am not investing; but instead, I am creating art”- The Fly
Rollingonthefloorlaughingmyassoff!!
Way to tap the other grey matter
Cramer should broadcast his show from Mexico City..
…Kolchinsky, who earned a Ph.D. in virology from Harvard University before jumping into the hedge fund world, is known in Wall Street’s biotech investment circles as an ardent proponent of Sequenom and its genetic testing technology.
Them hahvahd guyz iz smart, just ask ’em. I heer them edoments iz souring (going up huge).
Trish: I met her last year at Cramer’s party. She is beyond beautiful. Ditto on her sweater attributes.
Can’t…stop…staring…at…Trish…Reagan’s….boobies…today…
What about you Fly? How’s your boobs today?
LOL! You fat ass..
If UNG closes where it is now strong it will be a very bullish sign.
Yo Dawg, I heard you grokked the LC, so…
Go UNG! Go T Boone, CLNE, SWN & ETP !
I tell you guys, you rag on Devildog all the time, but you have to give him credit for the call he made 10 times back when the S&P was 690 and 700 that it would go to 874,
here we are at 874 exactly and have been basically for a week and cannot break thru. In fact as I write this the S&P is 872.70
If no one else does, Devil I give you credit for the call.
carry on.
I’ll go with Rebecka Diamond over at Fox … easy on the eyes and a nice pair of girls to ogle!
Mrkcbill, how about an asteroid the size of New York State headed for the White House.
It would be funny to hear the Positive Spin.
Obama gets swine flu croaks..and Joe the retard Biden is president–that will scare the fuck out of the whole world.
It seems the “fly” is now doubting himself.
and is left wondering…..
{will now lie in the bed that I created)
running away from it does lessen the pain…. but it doesn’t solve the problem. we are heading downhill from here. put your ski goggles on.
Never mind DD, OEW nailed the bottom:
http://www.ibankcoin.com/alphablog/index.php/2009/03/08/living-in-a-wtf-world/#comment-4348
and Crazy nailed 875 too … when did DD make his prediction?
http://www.ibankcoin.com/flyblog/index.php/2009/03/17/early-cycle-melt-up/#comment-100468
That was a fabulous post, Sir Le Flea. Your creative juices have attained new heights.
good shit to you
Cash-n-Guns,
Obama is married to a pig…he is probably immune by now to the swine flu.
Welcome to Elmer Rothschild’s Hillbilly Circus! Those Rothschilds know how to make gravy money, but they sure as fuck can’t run anything resembling a civilization.
I say to you:
Y = lambda:f·(lambda:x·f (x x)) (lambda:x·f (x x))
Amen.
mrkcbill has been coughing and sneezing a lot. Everyone have your mask on?
Fake Jed strikes again ^^^^
^^^ Fake Jed
Real Jed
VVV
^^^^^ fAKE Jed
HOW FUCKED UP CAN U GET?
I finished up in the red by approximately the amount I was down in a purchase of some TNA. I changed my bid upwards on that purchase – almost always happens that the original bid was best. Taiwan is closed tomorrow but it will continue to rally next week.
I vote for janis linzie on bloomberg, she gets a rise out of me
Halo – http://www.youtube.com/watch?v=UIGA8TvK5jw
What in tarnation happened to ADVNB today?
I mean…that hasn’t already happened. ???
Cash-N-Guns Said
“UAW bitches go drink sour milk and have a pork chop…they are on sale.”
I’d suggest everyone boycott American car companies
(I can’t, cause I’d never buy one to begin with). Those “bitches” deserve some hurt along with Obama and his thugs for the continued rape of the american tax payer! F all those MFer’s.
BTW – The Fly is one funny sad sack! I’m going to short the market here and now and leave this sad country.
Indiana University – GLEaM simulation engine provides simulations of global epidemic spreading aimed at understanding historical epidemics, identifying key mechanisms and spreading patterns, assessing the role of human mobility in shaping global epidemics, predicting future scenarios and assessing the efficacy of interventions.
http://www.gleamviz.org/
Classy people
http://news.yahoo.com/s/ap/20090430/ap_on_re_mi_ea/ml_saudi_child_marriage
http://thedanzatap.com/?p=5843
I hope this wasn’t j
So the consensus is the American people trust this administration to make everything all right . Is that it?
I missed the market today as I was at the State Capitol doing political stuff. I sure don’t trust those guys. Walking around in a daze muttering “what are we going to do without Kathleen?” Pitiful really!
Classic asshattery in legal form
“‘US may recover little of $4 bln Chrysler loan-source…Among the stakeholders that will make sacrifices is the U.S. government,’ said the official after Chrysler filed for Chapter 11 bankruptcy protection in New York”
I hope you fuckos are happy with your trades, banking serious coins on this dope news!
Happy trading, because this government is out to fuck you later.
Later?
Delayed AGAIN
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYN.RjdIR9Hg&refer=home
Better than insider info;
Diners report seeing Virgin Mary in food griddle
CALEXICO, Calif. (AP) – The hottest thing on the griddle at the Las Palmas restaurant these days isn’t the food—it’s the image of Our Lady of Guadalupe that a cook says she saw on the griddle.
Restaurant manager Brenda Martinez says more than 100 people have flocked to the small town of Calexico on the California-Mexico border to gaze at the likeness of the Virgin Mary since it was discovered as the griddle was being cleaned.
Among the awe-struck was a group of masked Mexican wrestlers who arrived Thursday for an exhibition at a nearby swap meet.
One, known as Mr. Tempest, says: “This is amazing. It’s a true miracle.”
Since the discovery, the griddle has been taken out of service and placed in a shrine in a storage room.
Any thoughts on the dirty swine spreading this weekend? BCRX has settled a bit and looks like its about to squeeze higher. Chicago has numerous school closings already but nothing confirmed yet. Should hit the news this weekend.
http://bloomberg.com/apps/news?pid=20601087&sid=adHlkoTVeAGU&refer=home
For the degenerates:
http://finance.yahoo.com/q?s=BIUEA.X