Forget about Jesus for a second. Here on Earth, the Federal Reserve is your God. They set policies on interest rates, which has a ripple effect on everything that you consume, from rat traps to houses. Being long this market, like religion, requires a certain amount of faith. You must discard reason and “blue blazer thinking,” and just go.
Where are we going?
Answer: To heaven AND MORE, vis a vis free money and cheap liquor.
Your opinions, as well as mine, do not matter. All that matters is the fucking monkey playing the accordion and how that pertains to my annual income. See what I am saying?
I bet you are not following me.
Okay, imagine you were in the street and some asshole came up to you and said “yo, don’t touch that mailbox over there, it has cancer on it.” Now, would you go over to said mailbox and touch it? If so, that means you have faith in that asshole not knowing what the fuck he was talking about. If you avoided the mailbox, for fear of contracting a most heinous form of cancer, your faith would be placed with the asshole, who apparently is “in the know” on such forms of infectious cancer.
My point is this: if you short stocks, you will get cancer.
NOTE: Into the bell I bought 2,000 POSCO (ADR) [[PKX]]
They missed. I will buy it back in low 70’s
Does GMCR cure cancer?
That is good to know. I would like a double dip of my previous GMCR experience.
They lost 0.09 / share on warranty replacements that they seem to believe are behind them now. They also had 0.06 in transaction costs related to the DDRX acquisition that came off the bottom line. Add those back in and they blow away estimates. This is a panic sell off that might last a few days. In the end, GMCR will be higher (split adjusted) in a couple of months than it is today.
At least I hope so.
The root of the problem is incompetant government, not banks
I do not want the cancer. What I do want is to collect my daily 40 points.
Now, aside from my 40 points, what in sam hell happened to Green mountain?
Your point went without saying, Monsieur Le Fly.
Is cancer bad? Could I get some synthetic cancer and short it?
Maybe it is time to drink GLD and let GMCR cool off..also, tiesto>armin van buren> ferry corstein
Thank you. This is the first time I’ve managed to forget tin foil hat idiots and really laughed in the last 24 hours.
Yes, they can be bothersome.
No faith in seasonality?
Looks like the euro short squeeze has begun. This is why i exited shorts yesterday, near close. Im still out of all DIA/XLE/IWM swing shorts, and won’t get back in until the FXE gets sqeezed back to 133.00 or so. Made profit on XLE IWM, lost a lttle on DIA
Still long some DBA from 24.44–yesterday. Scaled some out into those spikes.
We should get at least 1 more panic squeeze.
Wait for the late euro shorts to be brought to their knees, before returning to the SRScopter.
http://www.youtube.com/watch?v=i5hnk36J-Wc
what kills me.. Greek folks dont want the bail out. German folks dont want to give it. Yet these ham and eggers are gonna folk over the dough just to protect, a flawed idiology. The EURO!
now or later Greece will default..
The Greek populace doesn’t want the bailout because it will come with harsh austerity measures.
The German populace doesn’t want it because they will have to fund most of it.
What both parties fail to realize is how much they have benefited from implementation of the Euro. The Greeks, with improved purchasing power, lower financing costs and higher standards of living. The Germans, with improved economic clout and exports.
What this means is that the Euro isn’t a flawed ideology, but the general voter is dumb as a box of rocks and doesn’t understand socioeconomic issues one bit.
Yes, I can distinctly see how the Greeks have benefited from lower financing costs…
I think the whole fucking planet can see how the Greeks have benefited from lower financing costs…
It’s time the Greeks become fiscally responsible. The problem is their socialist ideology, not their financing rates.
The Greeks will riot in the streets and think their rioting got them the bail out. When things go bad again they will riot some more.
This is true.
http://ibankcoin.com/flyblog/2009/12/29/ibc-predictions-for-2010/
Pretty Good Pretty Pretty Good
I’m still waiting for the victory parade after IBC conquers Romania!
I watched a few interviews last night when the panel was questioning GD
what a racket.
The Fed does not control interest rates, it simply reacts to the market. Currently the market has yet to demand higher rates on T bills… when that happens the fed will also raise rates. They are actually LUCKY because of this whole Europe thing, it is a distraction from the real problems here in the US and allows this game to continue.
http://www.elliottwave.com/images/charts/fed-can-stop-deflation-1.jpg
Rates were low back in January when we had a correction, they alone do not keep the market afloat.
smoke some POT…
Great analogy, because we all know what happened to God.
He died.
Yes, I know a few flakes still profess to “believe”, but when was the last time a Catholic priest showed up at your front door with a collection basket and a hard-on? As God died, so will the Fed.
Satan ya no, moi sez the only one who came to my door was a poof atheist with velvet lined wicker basket and short mistersofty shares.
fly is livin’ on squid jizz.
GMCR is broken and needs time to heal. Don’t be a hero, let it setup again.
The trend has been broken since the leaders starting getting shot early last week.
Don’t trade unless you want your broker to be rich.
Gold is the only thing working right now.
ibc blue blazers would be another good item in the ibc store.