18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
I think the market is stuck in a trading range. Only very bad news will take the market further down. It is also hard for the market to move up from here too. I will use oscillators in a range bound market
seems my fancy bankers watch has burned its way onto your blog fly….it acts like that when i ignore it ,,,especially when its time to open it….has a mind of its own
look at what happened after the similar sized correction in june/july 2009…the infamous H&S “top”, death was a near-certainty, back to the antichrist level on SPX…instead balls to the wall.
SPX gets to 1150 again on this move, probably 1250 by May. Everyone expects “trading range” which is why it won’t happen – or not for that long.
Look at SPG. LMAO!!! That stock is going to tumble extremely hard when the time comes. I am not worried in the least about my short position and am adding.
Yes, he shops at WFMI for all of his grocery needs. He walks into the store, and buys all their bullshit “organic” products that were made organically in Mexico by dwarfs who don’t use toilet paper. He recently claimed to have spent $500 at Whole Foods. I wonder if he’s been stocking up on organic canned goods.
El Presidente is getting nervous. He’s pushing this stupid recovery act too hard. Dude, we know it won’t work, you aren’t fooling anyone. Battery factories are going to employ 10s of thousands of Americans. Hmmmm…. Looks like they are going to assemble hand made batteries.
At 15 million batteries per year (to meet needs of new+replacement) at $2000
per battery, making the USA market $30 billion, you need about 100,000
workers, using the rule of thumb one worker per $300,000 sales.
That is two thirds of the USA auto manufacturing labor force; and
a quarter of all auto parts manufacturing labor force. Stop sneering.
that’s fucking funny as hell dude. First of all, auto sales are not going to come back for a long long time. Old cars are perfectly serviceable. The price of oil needs to get to $300 for people to give up on their current used vehicle and invest in an electric alternative. When that happens, cars won’t be an issue any longer. Guns and food will be the only concern. Regardless of that, your assumptions are based on sales estimates that will never occur and labor levels ruled by unions. Unions are not going to be part of the equation moving forward.
Put it this way…swishy swashy swishy swashy….we’re going on a bear hunt
lol
“Strike that, reverse it”
I think the market is stuck in a trading range. Only very bad news will take the market further down. It is also hard for the market to move up from here too. I will use oscillators in a range bound market
Bzzzt.
Cute avatar gets you a bonus chance, however.
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You think that is a cute Avatar? Really?
Well, you know… as far as “avatars sans Great Danes” go.
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Totally luv ya Jake…..
See video above for answer.
is that a up or down call ??
I think Fly is “UP” on the wall
seems my fancy bankers watch has burned its way onto your blog fly….it acts like that when i ignore it ,,,especially when its time to open it….has a mind of its own
there maybe that will fix it
look at what happened after the similar sized correction in june/july 2009…the infamous H&S “top”, death was a near-certainty, back to the antichrist level on SPX…instead balls to the wall.
SPX gets to 1150 again on this move, probably 1250 by May. Everyone expects “trading range” which is why it won’t happen – or not for that long.
The NIKKEI is up 263
http://finance.yahoo.com/news/Dynavax-Receives-Canadian-iw-434289320.html?x=0&.v=1
Looks like the next stop is the old highs…
http://bit.ly/cUYTok
Jarden is a peice of shit
“Why build one when you can have 2 for twice the price”
JAH does equal shit
Is that from the movie “Contact”?
JAH , LOL! good nite retart stocks
“good nite retart stocks”
Have no fear, good sir. Your multiple ironies are not lost upon us!
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Yeah right JAH –will come back huge…some people are just dumb….Thanks for all the info….JAH JAH
Look at SPG. LMAO!!! That stock is going to tumble extremely hard when the time comes. I am not worried in the least about my short position and am adding.
Looks like they found out about the TASR buyout that is coming soon…
It appears WFMI beats JAH today – The Fly recently shopped at WFMI.
Yes, he shops at WFMI for all of his grocery needs. He walks into the store, and buys all their bullshit “organic” products that were made organically in Mexico by dwarfs who don’t use toilet paper. He recently claimed to have spent $500 at Whole Foods. I wonder if he’s been stocking up on organic canned goods.
FIG……do you shop off of the ALDI Sunday circular?
LOL. No fucking way dude, Dollar General is much better.
El Presidente is getting nervous. He’s pushing this stupid recovery act too hard. Dude, we know it won’t work, you aren’t fooling anyone. Battery factories are going to employ 10s of thousands of Americans. Hmmmm…. Looks like they are going to assemble hand made batteries.
you are right….
the lables will say:
All components Made in China, Assembled in the USA.
key word “assembled”
what this country does not get, is, “assembling” components that were made in other countries is NOT manufacturing….
At 15 million batteries per year (to meet needs of new+replacement) at $2000
per battery, making the USA market $30 billion, you need about 100,000
workers, using the rule of thumb one worker per $300,000 sales.
That is two thirds of the USA auto manufacturing labor force; and
a quarter of all auto parts manufacturing labor force. Stop sneering.
that’s fucking funny as hell dude. First of all, auto sales are not going to come back for a long long time. Old cars are perfectly serviceable. The price of oil needs to get to $300 for people to give up on their current used vehicle and invest in an electric alternative. When that happens, cars won’t be an issue any longer. Guns and food will be the only concern. Regardless of that, your assumptions are based on sales estimates that will never occur and labor levels ruled by unions. Unions are not going to be part of the equation moving forward.
The arrogance of trying to dictate job growth in chosen industries… it’s spectacular. I shake my head in awe at it.
America — lift your head from your People Magazines for just two minutes, please!
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Busy selling Fly?
BIG BAD SMOKEY BEAR gonna getchya Bandit!
doing some more covering and selling today taking some gains and some losses. all in all I am up nicely for the year./
Some of current holdings:
Short TOL, GE, LVS, BAC
Long GMCR, GLD, SLV, ISLN, IBB, DRR, TBT
Cash now 40%
Looking for an opportunity to short a few names like UPL which ripped my face off last week. Also APOL, LUFK,