Fuck the Dow. The Dow is a storage facility for future “too big to fail” names. Today’s tell can be found in the friendly confines of the NASDAQ. Tech stocks are ripping today, led by Apple Inc. [[AAPL]] , Research In Motion Limited (USA) [[RIMM]] , Intel Corporation [[INTC]] , Oracle Corporation [[ORCL]] , Juniper Networks, Inc. [[JNPR]] , just to name a few.
Truth be told, if you are selling stocks now, afraid to lose money later, you are a pussy and do not deserve the privileged of managing money. Instead, you should take up a gig as a cold caller, getting leads for some mid-level broker, living off of a $400 per week salary.
What’s important to remember, and keep in mind if you will, the market does not dance to your music box. It doesn’t give a shit about your vacation plans or your fucking schedule. If I had a nickle for all of the times I gave up on a stock, only to see it triple in value, I’d have like $10.
If I was buying stocks today, aside from the usual names, I’d buy a little Aurizon Mines Ltd.(USA) [[AZK]] , Ingersoll-Rand Company Limited [[iR]], Alcatel-Lucent (ADR) [[ALU]] and maybe a little Patriot Coal Corporation [[PCX]] . For the record, I own IR.
In short, despite the recent pullback, the trend is still up. Hence, my bias will remain in lock-step, until I am motivated to deviate against the sheeple.
If you enjoy the content at iBankCoin, please follow us on Twitter
IR makes nice golf carts.
Oops I forgot.
FIG Newton.
lets air drop Michele beaner skank Cabrera into North Korea disguised as a missile with the US Flag emblazzened on her fat ass.
treasuries:
Record $37 billion 5-yr note auction goes well – foreign investor participation is solid. Investors now awaiting Fed meeting conclusion at 2:15 p.m. ET
Okay, okay, I took off my limit sell orders. I don’t want Fly to think I’m a pussy.
NO!You put them back on. Everyone is destined to be what they are designed for, you being a fucktard.
Too late, I’m a fucktard no more!
Temporary modifications in behavior do not change destiny
the two CNBC fat crack whores look like over-ripe fucking jersey tomatos…WTF…someone have them broadcast live from a North Korean nuclear reactor.
The buy signal was when the conspiracy nuts started posting here yesterday.
looks like we’re gearing up to rally off the FED, i’ll probably sell the close for a reversal by friday
That’s true, baron. The best signal for a rally is when the truther loons show up here. They get so exited they help themselves.
fly…hahaha…you one flip-flopping-flip-fucking yankee bitch…hahahaha…fuck you and your bloated pig-bull…hahahahaha
Fly, I just realized that’s the first time I’ve been personally insulted by you. Does this mean I’m accepted in your club now?
Huh? The trend is still up? Because Guy Adami says otherwise? Seems like the current trend is in flux, or everyone would just be agreeing what the current trend is; but they aren’t.
NO. BECAUSE JOE TERRANOVA SAID THE TREND IS UP. EVERYONE MUST ABIDE BY THE RULES SET FORTH BY MR. TERRANOVA.
Controller:
Geez, you might have been, but you blew it. Now you are definitely not in the club, because you are asking if you are in the club.
Damn! It was great while it lasted.
Ah… so not a contrarian indicator to adami, but a follow-the-herd indicator to terranova. Got it. I’m certain my profits will quadruple now if I simply follow terranova. Thanks FLY!
Trend? Who knows … but for those long of bank stocks – been looking at a hedge trade with potential big upside. Buy FAZ Oct 5 calls, sell FAZ Oct 10 calls… trading around .85 for max 4.15 upside or 490% upside if we do have an unexpected bank scare. I’ve put on 500 lots for longer term position. the 5’s should retain premium for forseeable future while if wrong the 10’s will go to zero.
How ridiculous is it to see the market goe up/down (wildly) after an irrelevant Fed meeting?
Fucking headfake city.
It’s as ridiculous as hearing that the Fed actually sets interest rates.
Now, if only someone with some pull (FLY) would contact sentiment trader to get that “terranova indicator” started.
I heard their message loud and clear: we’re doomed.
Fly,
I guess the Fed announcement was not as irrelevant as your call for DOW 5000 today, or Doom yesterday. Face it…what you write lately has been 100% wrong. Amazing that you are up as much as you are. You should work for CNBC as an anchor. You would give Cramer a run for his money.
RC
…and the DOW goes red.
Welcome to the W bottom. Please enjoy your stay.
Warren Buffet decides to rip apart the market. Prepare.
Fuck me running sideways.
Setting up for a nice WTF pattern.
You weren’t kidding GA. Good Lord that is violent looking.
Fly,
I come here now to see what crazy thoughts you’re having, why some much emotion in your posts lately.
The charts were yelling this since Monday’s close.
Hmmmm.
Will this be a new trend?
WE’RE ALL GONNA DIE!!!
Carry on.
Not to throw salt on an open wound but if we close red today, it’s light out for the bulls for the remainder of the summer.
Bears, don’t discount the possibility of huge run up in the last 30 minutes by your trusted fed criminals
Green shoots my ass.
No job, no haircut, no nuthin’.
Just government cheese.
Fly. Can I come over for a 4th of July BBQ. This cheese does not grill well on the Weber.
Overall market volume is weak, makes for a crazy tape.
POOF!!! Fly, your bullshit rally is gone!
MERLIN
Huh? What happened? Is it over? Maybe it was just an eclipse, and not the end of the world?
Now, back to our regularly scheduled programming…
… as Fly was saying, the trend is up, up, and away! NASDAQ to 5000!
All hail the FLY!
I am fucking minting coin ovah heah up 2.5% today so no one start fucking around with the tape.
I can already hear the chain being sheared off the rusty metal post in the FAZ junkyard. DEVILDOG is loose! He’ll be here in no time barking orders louder than Kirstie Allie at a Sizzler.
FTK = WTF? I am holding this one until it goes to $5 or $0 – at this point I don’t care anymore
zephler Says:
FTK = WTF? I am holding this one until it goes to $5 or $0 – at this point I don’t care anymore
Sounds like a plan for me too!
that’s exactly my plan with that BIATCH FTK
Another down at the GOP, for those keeping tabs on the Sanford story.
zephler,
$0 is not such a bad target since FTK is probably insolvent
Same plan here for FTK. Since I keep the individual positions small, I don’t curse so much.
Like Night follows Day, so shall the Nas—Crack!
You FTK folks need to ask yourself this question. Is my money best positioned in FTK given market conditions? If the answer is no (which it is) then get out, regardlss of how small amount of money you have in there or what the loss size is!
Market pattern is rhyming with 08 a lot. If you’ll scratch your head a little and think of it, most selloffs in 08 started with fed decisions and big dickheads (bernannke/Paulson, financial institutions’ CEO assuring us that all was well) announcements. Could this be a repeat of 08?
how do I delete my posts?
I trust in fly, that’s why I bought FTK – but I kept the position small given the horrible financial condition it is in (offering of stock or die situation), and the leadership seems to be a joke – I mean read the letter written by the board member that resigned recently – ugghhh…
hahahaha…fly….hahahahha…you now turn bear again…hahahaha…you dont know which way to turn, fly…hahahahaha