You cocksuckers are getting what you deserve: capital losses. For months, you bearshitters have been twiddling your mustaches, plotting to take this market down. Over the past two weeks, as the market fell, you made preposterous youtube videos and posted prolifically on twitter—warning assholes who are just like you to “SELL NOW” and “re-enter the FAZmobile.” You stockpiled on rice and beans and instructed your wife to “stop spending money” on “unnecessary items,” proclaiming “the end is here, darling.”
Much to your wife’s chagrin, you are a fucking idiot, with little knowledge of anything outside of grand conspiracy theories. You are not qualified to invest money, just like retards are not qualified to drive school buses.
See pal, “The Fly” has the patience of an elephant, not the homo GOP variety, but an elephant nonetheless.
For the day, I am up more than 2.5%, mainly thanks to the men at Cummins Inc. [[CMI]] —a place where real engines are built—not that pussy shit in Europe or Asia.
In short, we’re rolling downhill now and the next phase of this market will involve outrageous short squeezes.
Poisition yourself accordingly.
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Let’s see if this market can close back above the 50-day EMA today or tomorrow, which is currently a tad north of 1107. If it does, I will close out my shorts at around 1109 and concede that the uptrend is reestablished, and won’t get short again until either the 1140s or a rebreak below that moving average. If it doesn’t take out the 50-day EMA, though, it’s going back down.
A fellow palm reader, I see! Read a finance book someday.
I’ve probably forgotten more about “finance” than you ever knew. If you want to make money in this market (and I’ve compounded around 30%/year for the past five years), it helps to use both.
Then why are you wasting you time around here, genious? You should get back to your paper trading.
I don’t trade “on paper” and I certainly don’t claim to be “a genius”… I’m here simply because The Fly’s hilarious (and usually intentionally so).
Don’t you have a leftish leaning German magazine to attend to?
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Gesundheit !
Seig Heil!
fid
What’s the deal with TKLC Fly? And how about some RFMD or AMAT – the latter name looks cheap here if techs decide to rally.
TKLC is your play on text messaging. 25% of their biz derives from T. Think iPhone.
Yup, we broke the upper end of the channel to the upside…I did not see this rally coming; God damn it…
I guess if we finish above 1100, the next stop is at the highs of 1150.
I am still not convinced, but then again, what the hell do I know?
Futures VIX are trading at a premium again, and volume is getting lighter at these rallies…
Also, the likes of GOOG, AMZN, AAPL did not participate in this 300+ move.
TOP PICK: Short NFLX (valuation and competition), Long calls of Latin America as a hedge…oh and bug sprays.
True Americans laugh at faulty Asian “petals,” much to their chagrin. While homosexuals drive to their local edamame stands performing Swan Lake on the pedals of their bullshit Prius, rest assured there are men that take their cue from Rommel and stalk heavily over and through decorative landscapes in the parking lot of your Best Buy/Lowes/Old Country Buffet. Why do you think NASCAR is the sport of the Midwest and South?
Okay, sometimes you are great, and sometime you are just… mystifying.
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Ha! And JakeGint is the reason why silverware is made of stainless steel.
Huge resistance overhead …I agree with 8hoursagoFly who was expecting another down leg.
I don’t have shit to say, just wanted to see my avatar again. Oh yeah, do yourself a favor, buy LWLG.
FYI…this market is GAY! GAY! GAY!
Ahh, the joys of sitting back, collecting gains, paying 15% (for now), not worrying about the market.
May 2013 I’ll reassess at Dow 18,000,
Freddy