UPDATE: [youtube:http://www.youtube.com/watch?v=OZgdwWhLdaQ 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
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Indeud!
fig
Do not drink and drive and engage in anti-Semitic rants.
Thanks . . . that cleared the clogged artery I had.
That’s as old as the internets themselves
Before ‘rickrollin’, there was the scream. Indeud.
SHIT!
Good one.
Senor Fly Here are my reasons why the market is DONE
Ignore this analysis at your own peril
Ten Reasons the Market Has Topped
http://absolutecapital.blogspot.com/2009/10/ten-reasons-this-market-has-peaked-or.html
What I expect back from you though is a cryptic “you’re an idiot” or some other insult
Neal – Seriously that’s one of the worst bear lists I’ve ever seen.
Who the fuck uses a similarity to the 29 chart as a reason? Come on
My only problem with the list is that some of the factors are intermediate to long term and may take months to a year or more to play out while the technical ones are very short term and will play out over days or weeks.
Woodshedder,
Cant talk for others, but I like it when the short term and long term coincide. I invest in the direction of the trend.
Thanks for your input though
TA,
all I have to say to you is those that ignore history are condemned to repeat it. That chart was posted by Jeremy Grantham and if you don’t know who that is, then you’re an idiot. If you do and disagree with Grantham, you’re an idiot. Bottom line, you’re an idiot.
do me a favour, and break my nose
http://www.youtube.com/watch?v=y5AahFXSqz4
When world trade collapsed, so did the need for US dollars, which is what the world uses to transact business. The data looks like world trade is finding a bottom and maybe even recovering somewhat. That means there will be the need for more dollars.
Expect short-term dollar strength and equity weakness. Long UUP Long DUG (timeline next 3 months)
From today’s Barrons:
Consequently, the risk trade — the rise in low-quality and small-cap shares — is largely over. Even before Friday, in the past few weeks, small caps had already begun to underperform large caps, and mutual-fund flows had started to leave equities for bonds. Much of the doubling to 20 in the price-to-trailing-12-months-earnings ratio (P/E) of the S&P 500 index came on P/E multiple expansion and the embrace of risk — not earnings growth.
Of course, this does not include FTK.
I took Fly’s time machine for a ride…
Largebill says:
October 30, 2009 at 11:43 am
What is everyone’s guess for the afternoon?
Will it turn around at noon and end higher into the close?
Or will the market continue to drift lower to close out the month on a weak note?
Pick one.
Reply
Woodshedder says:
October 30, 2009 at 11:49 am
Crash.
Erase all of yesterday’s gains, and close lower than Thursday’s close.
Reply
Even a blind pig finds a truffle ..once and awhile……….Happy Haloween !
Nice call Shed
http://www.youtube.com/watch?v=W5bcjNSVNyU
Happy Halloween to all.
My favorite day of the year.
HH, friends!
The Fly is God.
fucking hilarious. loved that. thanks fly!
And a Happy Halloween to you and all others.
For Fly-Seeing as how you were writing several months ago about how the moon landing was a fake, this is for you.
http://gizmodo.com/5393882/new-apollo-17-landing-photo-clearly-shows-lander-flag
And Go Gators!!!
some of you noobs think I am a perma-bull; I am not. Go check last year’s posts and see how I NAILED the bear market.
The financials are fucked. Especially the regional banks. WSJ says BAC will do a capital raise, well no shit, they need more than than a fucking capital raise. They need another injection of our money is what they need
Moe:
The capital raise will be around $8 to 14 billion. Although dilutive to the extent of 6% to 10% of capital depending on size, it will be earnings accretive as it will replace the government’s preference shares paying 5%.
The repayment of the TARP and the issue of capital will take their TCE about 4% will make them into a major bank as well capitalized as JP Morgan.
You really need to check out before making unsupported, sweeping statements that lack any evidence.
And no, the t capital raise will not have to be equal to the TARP repayment.
TARP repayment is seen as a positive.
I’m long financials. how short are are you?
Please FLY, tell me that the hit man was blazing The Zombie (can you actually shot a turd). That’s right, Zombie, who thinks Fly is God but doesn’t shit the 20 bucks to get on the PPT.
Please FLY, tell me that the hit man was blazing The Zombie (can you actually shot a turd).
whatever,whatever,…DOW, 11,600
Caught on tape.
http://vodpod.com/watch/1322267-two-balls-of-light-forming-a-crop-circle
Prepare for 900 S&P and 8500 for the Dow.
The strategy of buying only Halloween candy I like worked perfectly. Only two kids showed up. Frozen Snickers bars for the next month!
Catapultam habeo. Nisi pecuniam omnem mihi dabis, ad caput tuum saxum immane.