This is the easiest tape, since the days I was eating shrimp cocktails at my desk, while buying blocks of CMGI and ATHM.
Please, put aside your market bias. Put aside your hatred for the gold chained one. Put aside your love for retarded panic bloggers and get long.
Get long, as a ways to avoid the Sun chasing you around the universe, trying to fry your face off. Get long, as if to avoid accidentally breaking Angelo Mozilo’s tanning bed. Get long because the Gods of logic and reason, all found within The House of Fly, said so.
Top pick: TRID
BREAKING NEWS OF THE EXCLUSIVE SORT:
Pic of Angelo Mozilo, future prisoner of assrape prison, delivered to iBC:
Can I take my tanning bad to the joint? I would like to look good for Bubba!
lol!
Quarterly comparisons won’t look decent again until Q1 2010 at the
earliest. This stock will get hammered with the the Q3 results and
then hammered again with FY results (because it will look awful next
to 2008).
Be patient and set a buy at around $1.00.
FTK is caught with larger infrastructure/fixed costs right as their
sector went to crap. There may be a mild run with the run-up in the
price of oil but none of the pros are going to touch this until 2010
and that assumes that worldwide economic growth picks up and the
integrated oils start dropping new wells again.
Trading this one on charts will fail. You must know the business when
it comes to a microcap like this.
Adama: Free coin for all.
PPT: Free coin for all.
Adama (louder): FREE COIN FOR ALL.
PPT: FREE COIN FOR ALL!
If you read this blog regularly and are NOT in the PPT… You are a damned fool and of sub-piker status.
Get long to avoid the market punching your moustache off.
Get long to keep your chest hairs intact.
Get long to avoid glaucoma.
And rabies (how’d you think he got the name “Devil” Dawg?).
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FLY — TRID?
What happened to GLW?
Still looks “undah accumulation,” to me. In fact I was going to re-up tomorrah.
_________
The Fly has turned into “Jolly” Jim Rogers:
http://finance.yahoo.com/tech-ticker/article/258129/Jim-Rogers-S&P-Could-Go-to-50000?tickers=dia,spy,xlf?sec=topStories&pos=8&asset=&ccode=
Fly, suggestion.
How about having, in the “Categories” section to the right, an updated full chart with your stock possitions, shares, buy price, current price, when you sold, still holding, profit, loss, etc. It can be on an engine that automatically updates it, or if manual, maybe update it once a week. This makes it easier to see what the future heir to the world is doing and has done. This would be for your entire holdings, not just random listed buys etc. all of them.
It would add to your Wizard status as a market demigod.
glw is also a top pick.
artist
worth a thought
Funny post.
I’d give you $25 if you’d post the pic of burnt toast. Anything Angelo.
Fly, did GMAC give you a good rate on your Cruiser? Or did you take the Cash discount?
Fly Is God!
Long bling.
Short worry.
Shroomz,
You are one of my favorite people here. Thanks for posting that awesome REM tune/vid*. Brought me back like some kind of bizarro flash to my younger days.
____________
*(Not to be wasted, btw, on one such as the Devilish Dawg. No doubt there is a mawkish Dean Martin “slightly tipsy” Buck Up song in the annals for him somewhere…)
_____________
Mrkc:
Where is my $25?
@home… They were supposed to rule broadband.. The good old days..
cmgi good stuff
Stay long until GS and their ilk decide it’s time to short the market. Time their moves and bank egregious coin indeud.
man, for MAC SLG HME ACC WRI BPO etc. to be near death….they sure have ripped insanely higher.
Is commercial real estate going to be the death nail expected or fad away quietly as everything goes higher without reason?
I don’t want this Angelo in my cell block – he is uncouth and uncultured and a piker. Koslowski is OK.
Whats your name fucker. I’ll send you a check.
LMFAORLOMOFLOLFAOMFAO
Anybody follow me in BOOM at $5.20? Please tell me someone else is enjoying this. New 2009 highs today on volume.
Broke out of a “fuck you, BOOMER, I will kill you and eat your eyes and change your name to MOOBER” pattern.
So much coin banked I may hire a guy to mow my yard, begin shopping at WFMI, or, dare I say, BOTH!
Moobs….just do some Coke like they do on Wall St.
and change your name back to Boomer.
I can’t; I have a twitter account for MOOBER. Also, I’m a gen Xer and BOOMER dates me.
It’s one of those fortunate fall things.
http://www.associatedcontent.com/article/67646/the_paradox_of_the_fortunate_fall_in.html
Glad to see you have your mojo back. It’s only right that you revert back to Boomer.
Apparently, THE GREAT LENTEN CURSE of 2008 or 2007 (I forget) has worn off.
Fly- I think you need to do an Important Matter essay on breaking Lent. I think it was 2008…
Booms owned the PG for a couple of weeks with his Bible Biscuit Blogging. Even The Fly was weeping and supportive when out of nowhere he buys a full lot of BOOM. Really was funny. I Believe he got a full ban from the PG.
Who was the dipshit on here who was “building a huge short position” in XOM at 70-71?
I asked him WHY, and never heard from him.
Now, with the stock at 73, I ask him to “man up”
and explain his “thinking”.
Thanks, Fly. It was ’08. ’07 was berry berry good to me. ’08 was a fucking disaster.
Keeping the name MOOBER reminds me of my former folly, and keeps me humble. I need the humility because of all the bags of money being delivered daily to my car port
It is not right. They plan to put Allen Sanford in the Ivan Boesky cell and I deserve it.
All you longs piss me off …http://www.youtube.com/watch?v=KWu-efNN8PM
CORRECTION>
All us longs are pissing ON you.
http://www.videovat.com/videos/883/dave-chappelle-peeonyou.aspx
JakeGint and friends make fun of Obama.
Time is short for the Bulls per OEW:
“Yesterday’s last hour rally and continuation today suggests that Minor wave 4 completed at SPX 924. This would now place the market in Minor wave 5, of Intermediate wave 5, of Major wave C, of Primary B. Overhead resistance is at the long term 961 OEW pivot.”
In plain English … after the final run to maybe 960 the up leg (Primary B) will be over and the dreaded Primary C wave down to old lows or new lows will commence unless Tony has misread the wave count. Trade accordingly.
E8- I assume EW means Elliot Wave but what does the “O” stand for?
Feel free to continue posting those C upgrades and downgrades.
They have been helpful.
Go Magic!!!
Does this mean my FAS stock will be called away with my short 10 call in JUN?
Oh well, at least I’ll still be long FAZ.
TC,
From Tony’s blog:
“OEW is not textbook Elliott Wave. It is a proprietary technique that defines every significant wave, within bull and bear markets, quantitatively. With this approach one can historically analyze any market to define its exact wave structure, and determine what the past is projecting about the future. We did this in the early 1980’s on the entire history of the US stock market. When waves are determined quantitatively they never change, past or present. Our analysis led us to believe that a stock market crash was likely in late 1987 or early 1988. When the stock market did crash in October 1987, and then the wave structure resumed its bull market to new highs in 1990. We knew we had uncovered some of the missing tenets of the Elliott Wave Theory.”
“We remained bullish on equity markets worldwide until early January 2008. And, despite this recent upsurge, which we anticipated, we remain bearish. OEW projected the bull market in the USD in the spring of 2008, and recently turned bearish near the highs. OEW projected the top in the Crude market at exactly $148/bbl last summer. OEW has remained long term bullish on Gold since 2001, and remains bullish. Finally, OEW is projecting a major bear market in Bonds.”
Oh yeah …. BEAT LA, BEAT LA, BEAT LA!!!
http://www.ebaumsworld.com/video/watch/80649448/
:55 secs in, I think it says FAZOR on the wall. DD’s new digs?
Those dimly lit fluorescent bulbs in prision aren’t nearly enough wattage to maintain that tan!
Anti-Semitic Anonymous Douche — so I’m a drunk Israeli now?
lol.
(I gotta admit, the reggae rebbe was pretty funny.)
_______________________
Breaking news:
Like OEW, I too am bullish on gold!
Heh.
But let’s take a minute to heap praise on non-gold play “Mr. Anderson.”
He was up over the 70% mark today!
__________________
Sheesh, kills me to realize jewish teens make lousy drunks just like every other teen on the planet. I had no idea hasids were allowed to drink – didn’t see that one coming – kinda like the Amish I guess. Didn’t they all sound like they were from Long Island?