I say buy homie, financials, insurers, ratings agencies and all the other shit that was beaten down by what appears to be fake. This is no depression or recession, this was someone who looked at the wrong book. I say its all fake, the job losses too. Easiest money can be made today on the back of these thoughts and personally I love it!
By the way DEVILDOG is no more and if he posts here again then he is a pure liar. FAZ got smoked and no way he can survive it if he is being honest.
FLY- Just put everything you have into FAS. You’ll be up like 20% before the week is over. This is a melt up of epic proportions. We will make back all the losses between October and November. Dow 11000 S&P 1300 XLF $20. FAS to $30.
Just glancing at FAZ. You just know there are idealogues still holding that thing. Goodness, there are some folks getting destroyed. Having been previously destroyed by such folly, I get a nervous twitch just looking at that chart.
I know little about how these 3x instruments of death work, only enough to stay away from them for they will steal your eyes when you are not looking.
The last 2 months has been like October and November 08 in reverse. This is short covering though. Once its over we will drop hard and fast. No telling when this will end. Just get long FAS and enjoy the ride.
BTW I was the only one who called todays melt up. Last night you girls were predicting Armageddon brimstones and hellfire.
FAZ.. I capitulate. Not as bad a UYG.
Bad News is not cool anymore. Obama learned real quick to get with the program.
There is still gonna be blood in the street…one of these lending monsters ain’t gonna be able to make it. Again look at the speculating that went on this summer with WM Countryass LEH and the other fortune cookies. Lots of huge swings.
chinese firecrackers…you know exploding in your face…thats what this mkt feels like..all little POS stocks could go Poof pretty quick…CNBC salivating….top is imminent.
Homo-hammer on the shorts still the preferred instrument of torture for the markets…
… looking today, I have to think that oil is well on its way to $60 before the month is out. Lotta guys waiting on the OIH to melt up, and I think it’ll start around these levels. I have no idea what foolish men like “Liquid Man” Terranova mean when they say “oil is ahead of itself.”
Look bro man dude, there’s a Reagan style party going on right now. Any and all demand for oil will send this shit through the roof. And demand, friends, is merely beginning to return.
Mostly staying in cash as I was hoping for a nicer pullback. Long a couple Oil Service names.
seriously…
if you haven’t joined the PPT yet, you guys are crazy. Seriously. I think today it would have paid for itself and a new car. No kidding. I know today was fun but that shit is insane.
PPT is that good.
Jeff, false rally has been the bear rally. Get with the program, deud. Bears are dead, join the bulls. But get this, and mark my words, when all the bears are gone and only bulls left standing. The bulls will turn into bears. Sounds weird, but market cannot go up forever. It’ll only turn when the bears are no more, and a new breed emerges.
Why are you guys fighting the rally still? Look we are making parabolic moves every single day. Any pullback is quickly bought at the open as people beg to get in. We will not meet resistance until 1000 on the SnP and even then I don’t know what will stop the frenzy. I say ride the wave of enormous profits. Just throw anything at the board and you will be rewarded now!
FAZ is a glorious instrument of death. I see it has traded over 360 million shares today. FAZ makes it so easy for bear-tards to loose all of their money. Excellent.
Mushroomz, not that I intend to disagree with you, but volume shows interest. It’s true Fell to Zilch will destroy you, for i am a victim of it. But Could this irrational mkt melt down, due in part to too much good news? Remember it only absorbed all good news and shrugged off the negative.
why not not?
me too
I say buy homie, financials, insurers, ratings agencies and all the other shit that was beaten down by what appears to be fake. This is no depression or recession, this was someone who looked at the wrong book. I say its all fake, the job losses too. Easiest money can be made today on the back of these thoughts and personally I love it!
By the way DEVILDOG is no more and if he posts here again then he is a pure liar. FAZ got smoked and no way he can survive it if he is being honest.
FTK today? still feelin a run?
My pal.
_______
Hey, that’s my line.
FLY- Just put everything you have into FAS. You’ll be up like 20% before the week is over. This is a melt up of epic proportions. We will make back all the losses between October and November. Dow 11000 S&P 1300 XLF $20. FAS to $30.
R.I.P. Dr. Doom?
http://www.businessinsider.com/roubinis-star-is-fading-2009-5
I’ll miss his end-of-days economic predictions in that Bela Lugosi voice.
The only guy more negative than DD.
I still think he’ll be right, but that’s probably a contrary indicator.
Just glancing at FAZ. You just know there are idealogues still holding that thing. Goodness, there are some folks getting destroyed. Having been previously destroyed by such folly, I get a nervous twitch just looking at that chart.
I know little about how these 3x instruments of death work, only enough to stay away from them for they will steal your eyes when you are not looking.
whirred!
why not get AIG??
…to ya mutha.
moober – devildog and josh come to mind
What is C chopped liver?
The last 2 months has been like October and November 08 in reverse. This is short covering though. Once its over we will drop hard and fast. No telling when this will end. Just get long FAS and enjoy the ride.
BTW I was the only one who called todays melt up. Last night you girls were predicting Armageddon brimstones and hellfire.
Yo fly, when are we gonna nail the shorts’ balls to the wall in FTK.
FAZ.. I capitulate. Not as bad a UYG.
Bad News is not cool anymore. Obama learned real quick to get with the program.
There is still gonna be blood in the street…one of these lending monsters ain’t gonna be able to make it. Again look at the speculating that went on this summer with WM Countryass LEH and the other fortune cookies. Lots of huge swings.
**CASH OUT NOW FLY GUY**
—> FALSE RALLY WILL DIE SOON
chinese firecrackers…you know exploding in your face…thats what this mkt feels like..all little POS stocks could go Poof pretty quick…CNBC salivating….top is imminent.
Homo-hammer on the shorts still the preferred instrument of torture for the markets…
… looking today, I have to think that oil is well on its way to $60 before the month is out. Lotta guys waiting on the OIH to melt up, and I think it’ll start around these levels. I have no idea what foolish men like “Liquid Man” Terranova mean when they say “oil is ahead of itself.”
Look bro man dude, there’s a Reagan style party going on right now. Any and all demand for oil will send this shit through the roof. And demand, friends, is merely beginning to return.
Mostly staying in cash as I was hoping for a nicer pullback. Long a couple Oil Service names.
seriously…
if you haven’t joined the PPT yet, you guys are crazy. Seriously. I think today it would have paid for itself and a new car. No kidding. I know today was fun but that shit is insane.
PPT is that good.
P A R A B O L I C E U P H O R I A ! ! !
C18H21NO3
FEEL THE FLOW!
Ahhhh…..
Jeff, false rally has been the bear rally. Get with the program, deud. Bears are dead, join the bulls. But get this, and mark my words, when all the bears are gone and only bulls left standing. The bulls will turn into bears. Sounds weird, but market cannot go up forever. It’ll only turn when the bears are no more, and a new breed emerges.
FAS stands for Fucking Amazing Shit – $2.50 to $11.50 in 8 weeks.
Josh, TMoe, Junk Spread, DevilDog, Danny, come to mind on people who missed this rally big time and/or were short. Who else?
CAP, nice! Found At Zero
MVIS CC????
No $TXCO love, Fly?
Tough to trade in a gov’t-controlled market with the government engaging in a leakfest. Whatever happened to Reg FD?
Cramer is acting cocky again…mkt to reverse shortly…oh and by the way..banks are still fucked..perhaps not today..but long term C goes to Zero.
Why are you guys fighting the rally still? Look we are making parabolic moves every single day. Any pullback is quickly bought at the open as people beg to get in. We will not meet resistance until 1000 on the SnP and even then I don’t know what will stop the frenzy. I say ride the wave of enormous profits. Just throw anything at the board and you will be rewarded now!
CNG, I’m getting mixed signals from you. Are you long or short?
gapping, not true. I threw that bitch WMT on my boat and am getting buttfuckt!
Gappy, we will hit resistance at 200ma S&P 950ish
^^^^^^^^
Why Not? Got me some blue light specials ABK – FLOW. Thanks Fly
Still like FTK, just own enough, ahead of earnings.
Freetrader…have been long, selling low priced crap today, and buying TZA, TYP, FAZ..so adjusting to a more short bias..to hedge remaining longs..
FAZ is a glorious instrument of death. I see it has traded over 360 million shares today. FAZ makes it so easy for bear-tards to loose all of their money. Excellent.
@Slim: That’s for a nation of laws, not a nation of men.
Mushroomz, not that I intend to disagree with you, but volume shows interest. It’s true Fell to Zilch will destroy you, for i am a victim of it. But Could this irrational mkt melt down, due in part to too much good news? Remember it only absorbed all good news and shrugged off the negative.