Who gives a fuck anymore? You’re better off flying to Iceland and parachuting yourself into one of those volcanoes, than fucking around trying to short this market.
I blew out of my [[SRS]] position based solely upon an explicit OVERBOUGHT reading, kindly provided the The PPT aka my brain. On a similar note, I am tempted to go long some Chinese Burritos here, as many of them are being tagged with OVERSOLD readings, namely [[CAGC]] . Essentially, it’s stupid to bet against robots, yet here I am not throwing my money into the inferno. It’s not that I am getting hit in the market, as evidenced by my accounts being at all-time highs. I am simply missing out on gains that are rightfully mine.
Truth be told, a slew of metal stocks are still down, ahead of STLD’s numbers. In my opinion, as long as “Chinese plays,” like steel and industrials, stay down–this is a DO NOT BUY market. However, with that being said, I am pretty much done letting my 30% cash marinate in a dead money market account. So, if we get some follow through tomorrow, accompanied by green in the burritos space, I intend to reallocate my cash into a variety of names.
The market is never predictable.
[youtube:http://www.youtube.com/watch?v=jx-K3Il3s_o&feature=related 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
For the moment that was the dominant thought. There was a sense of extreme disappointment, as though I had found out I had been striving after something altogether without a substance. I couldn’t have been more disgusted if I had traveled all this way for the sole purpose of talking with Mr. [Fly]. Talking with… I flung one shoe overboard, and became aware that that was exactly what I had been looking forward to – a talk with [Fly]. I made the strange discovery that I had never imagined him as doing, you know, as discoursing. I didn’t say to myself, “Now I will never see him,” or “Now I will never shake him by the hand,” but, “Now I will never hear him.” The man presented himself as a voice. Not of course that I did not connect him with some sort of action. Hadn’t I been told in all the tones of jealousy and admiration that he had collected, bartered, swindled, or stolen more [wins] than all the other [traders] put together. That was not the point. The point was in his being a gifted creature, and that of all his gifts the one that stood out pre-eminently, that carried with it a sense of real presence, was his ability to talk, his words – the gift of expression, the bewildering, the illuminating, the most exalted, the most contemptible, the pulsating stream of light, the deceitful flow from [iBankCoin].
lol. You have some writing skills there. Nice.
literature check. from one of the great books of all time. i was re-reading it this week-end. when i came to that paragraph my mind starting substituting as indicated. i thought it was pretty funny and it substitutes beautifully.
the enigmatic Mr. Fly.
Heart of Darkness
Indeud…
it would make for a great sunday evening Fly video, serialized!
For fuck sakes slow down. You knew volatility was coming and the probable outcome.
Give it a fucking week or so to see which way those cocksuckers will push this market.
There will be many intraday SPY bounces on the way down to dow 9k. Probably every damn lunch, just like we’ve seen for a year. XLB gave a great entry this morning. But, the bounces are getting weaker.
However….
GS in a lose/lose situation here for offering earning’s outlook. If its too positive, people won’t believe it.If its too negative, they sell anyway.
http://www.youtube.com/watch?v=Z2Zvz1v7Hig&feature=related
This might not be a bounce on the way to 9K, it may be slap-chop city. Everyone’s been so trendy lately, enamored with the low volatility and strong trend on the way up, that we might not get any elevators OR escalators down, just a bunch of flying machetes.
Yes, scam indeud. Time to re-evaluate. Developing…
Don’t buy gold, Fly. We don’t want you in this market.
no problem there, fuck face
The only scam is that of the Nat Gas fuckery that takes place daily.
Nat gas goes down because investors missed oil and then think they should buy NG. They have zero of the same factors. NG always goes down at this time of year, why wouldn’t it?
I’m not referring to the fact that it “goes down”. I’m not that simple. I’m referencing the daily bipolarness with regard to price action. Whoever is behind the scenes controlling that market is ballin’ somethin’ fierce.
IF this is the case, then I am lucky that I was able to dodge VXX all day.
XLD the order, as it was still chasing me down.
“The market is never predictable.”
Very profound Senor Tropicana!
Fucking amazing – momentum was getting a shit kicking and the buy program cavalry showed up. Even though, most of the leaders stayed in the red.
After that much damage, I’m much happier to stay light and wait 2 or 3 days for confirmation before jumping back in.
SO FUCKING AMAZING BRAH!!!!! LIKE TOTALLY OMG!!!! I WROTE DEEP IN THE MONEY CALLS TO HEDGE AGAINST MY FUCKTASTIC GS PUT SPREAD!!!! WAIT THAT MAKES NO SENSE?!? WHO THE FRANK CARES!?!?! I JUST POST THAT SHIT ON TWITTER TO BE LIKE THE COOL KIDS?!?! OFF TO WATCH JERSEY FAST SHORE MONEY!!!! PEACE OUT MY HOME DOGS!!!
http://www.youtube.com/watch?v=lRjItDLnAwc&feature=related
THE ROYAL SCAM
And they wandered in
From the city of St. John
Without a dime
Wearing coats that shined
Both red and green
Colors from their sunny island
From their boats of iron
They looked upon the promised land
Where surely life was sweet
On the rising tide
To New York City
Did they ride into the street
See the glory
Of the royal scam
They are hounded down
To the bottom of a bad town
Amid the ruins
Where they learn to fear
An angry race of fallen kings
Their dark companions
While the memory of
Their southern sky was clouded by
A savage winter
Every patron saint
Hung on the wall, shared the room
With twenty sinners
See the glory
Of the royal scam
By the blackened wall
He does it all
He thinks he’s died and gone to heaven
Now the tale is told
By the old man back home
He reads the letter
How they are paid in gold
Just to babble in the back room
All night and waste their time
And they wandered in
From the city of St. John without a dime
See the glory
Of the royal scam
Better that than http://www.youtube.com/watch?v=fNSolVjtC7U&feature=related
Or “Black Friday” … though an update of the montage would be appropriate:
http://www.youtube.com/watch?v=UVQKiqCZ9No&feature=related
Back atcha. Ah, to sparkle in your China.
http://www.youtube.com/watch?v=Xf9XDbFd1uk
Eggsilent …. My all time fav from the 70’s!
A song for DevilDog …. Deacon Blues
You call me a fool, you say it’s a crazy scheme…. This one’s for real, I already bought the deam …
I crawl like a viper through the suburban scene …
http://www.youtube.com/watch?v=inz9Sa_CVFs&feature=related
Forget a few days, I did a scan and most of the charts look like shit – XLF looks like a great short for one.
It’ll take while to set this up again.
of course its a scam. I have been saying this since I was 5
I wonder when the fly will throw in the towel on flupuke?
(I’m still short. 600 total)
600 shares of FTK? Wow, you’re big time.
Muir the piker:
I am long more than 1mill shares. What do you think, piker?
A few months back in 2009 you bought the Chinese Burritos and then sold them for losses, and said not to buy them. Now you may buy them…I hope you are out taking a late night ride and rethinking this idea.
a WHOLE 600 shares! Thats too fucking funny
yes there is only positioning yourself for winning
This is sooooooo upsetting.