Thank heavens, the market is down today, because some of you assholes think bad news is bad news. Well, I got news for you, pal: bad news is good news and good news is better news and better news is Dow 10,500. Don’t quote PE ratios or debt to equity levels, while the economy expands, for they are meaningless.
Ladies, the market is due for a mild correction. However, we are still 1,000 points cheap, at a minimum. Watch, six months from now, when U.S. gdp is hitting 2% again, you will be shining my shoes.
Despite today’s dip, my positions are holding up well. Regrettably, I blew out of my TerreStar Corporation [[TSTR]] position a little early. My only consolation, certain distinguished gentlemen of The PPT made a killing. In my estimation, the market should decline by another 3%, prior to a resumption of the uptrend. So, with that in mind, I will be watching over my watchlists very closely, while limiting my exposure to retarded stocks—a difficult task indeed.
In short, don’t lever yourself to this dip, for it could be the beginning. Pace yourself, find a hobby. When the time is right, “The Fly” will step in, like a fucking deranged T-Rex in a San Fransicko nightclub.
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fig
“while the economy expands” ?
Chicago PMI showing economy not only NOT expanding, but actually contracting.
Chicago can lick my taint.
all bullshit.
You are a savage
Sergi
No, Chicago PMI showed a contraction in Chicago, not the economy. You don’t really have to be fucking schooled in economics to figure that one out, son. You just have to display a little common sense.
It could very be that the national PMI shows contraction, we don’t know as yet.
While the dollar looks again shaky, you pikers should be taking this opportunity to enter High Sociedad!
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“San Fransicko” classic
Do you mind sharing the PPT score for us undistinguished gentlemen?
Kid stock
Love to tell ya, but if I did Fly would probably remorsessly boot me off the PPT. You don’t mess with the person the soup nazi was modeled on. You just take what you’re allowed and move on the line, head down, quietly, hoping not to attract any attention from the master.
I’ll give you a clue. it’s higher than zero and less than 5.
Otherwise spend 49 fucking bucks and you have it for the month, you cheapstake.
2.39
Thanks fly, now you make me look like an idiot lol
Spot the odd man out. Let’s see,
weakish dollar.
Oil a little higher and holding in
bonds okay behaved.
2nd GDP quarter revision better then expected
job stat points to a better payroll number on Friday.
and the market is down, apparently spooked by the Chicago PMI.
FMX looks good now. Did you catch the bevy of upgrades in that industry yesterday? Pun intended, like burning rubbers in a tire/condom factory, wherever one might exist.
Today’s Mavis Magic Number is 65.33
When I click the comments link I wish to read them, not leave one. Like this one. So don’t drop me to the footer of your website. Scrolling up is boring.
Shut up. Quit having a boring scroll. Quit having a boring life.
“Quit having a boring scroll.”
hahahaha…omfg. I can now die happy.
we turn green. BEAR got ass fucked.
Quick call the paramedics, he’s take a large dose of tranquilizers as he spoke too soon.
Shoe—>Other Foot
Remember earlier today how I pointed out a “zone” that was the bear’s worst enemy? Well, I was right (and thank goodness I closed out the Russell puts!)
Well, the shoe’s on the other foot. The bulls have their own enemy to worry about now, and it’s much bigger – shown in green below.
I am reloading by purchasing $RUT puts at these levels, and I am scaling into a very large TWM position.
To all trainee traders:
a perfect illustration of why people should let the market do the talking and not your own bias.
Eeeeeeeeeeeeeeeeee!!!
Paddles!!
Clear!
Eeeeeeeeeeeeeeeeee!!!
CALL IT!
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