I sold short 5,000 MET @ $40.45 and nibbled some more on VXX, under $29.
Disclaimer: If you do the stuff I just did above, your only son will grow up to wear bow ties and walk around town in fancy hats. And, you may lose money.
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So are you outright bearish now? Haven’t seen you short anything in a while.
That’s hot….
KaBoom!
Anyone who “does stuff” today loses.
not true
Do you believe me now that we’ve reversed for the second time inside of three hours?
*Snap*
That’s the sound of bear necks breaking, apparently. Looks like the Bulls win, for now…
But No! The bear was only half-dead, as it comes back to tear off bull limbs!
I have whiplash again…
I just posted my first blog as Princess of the Peanuts….and as a good and sweet Princess I want my tiara…did you hear that I WANT MY TIARA!!! lol.
How about a necklace?
LOL
That Devil dog dude looks like a skinny Warren Buffet.
bought NBIX
http://henryfoolspicks.wordpress.com/2010/06/01/buy-7900-nbix-from-a-chart-scan/
VXX may be a good move right here in order to exploit the disconnect between clueless Americans/American markets and the ROW’s outrage about the American-funded attack on peace activist in international waters and the American taxpayer-funded air raid on the Gaza this morning.
How exactly do those events translate to VXX tracked futures going down?
Maybe just buy NYT and VIA and stocks like that. They seem highly capable of selling BullShit.
WTF?
Keep your Bolshie nostrums to yourself. Those dimwits got exactly what they wanted.
___________
They set sail looking for confrontation, and they found it….
(laughter) I’m willing to bet the Detroit police department has killed more innocent people than Israel ever has…
To soon…?
Not very peaceful “peace activists” it turned out…
Yeah, they didn’t they die quietly enough to satisfy the very most bigoted of assholes. Had the nerve to try to defend themselves.
Trading nymph,
I see in other posts you’ve been trading 3 years I think, were did you learn and is your main anylazing point, fibo?
George….I stumbled onto Stockpickr in June of 2007 to flirt with a guy, got kinda hooked, then addicted..that was my Fundie education, during that time JJC and myself were on a point smackdown on most questions answered…was total Fundie Girl. March 2008 stumbled into Rev Sharks Real Money Site and bloggers started to teach me t/a. Went to LA Traders Expo in 2008 and met Harry Boxer,we were both at a seminar and both rolled our eyes at the sametime…Junkies, we can spot each other. Anyway, convinced him to start a Chat Room so I could learn t/a from him after he had me read McGee/Edwards…In April of 2009 I started my own trading diary to get my thoughts in order, and to hold notes….my Fibo stuff was from a very old French Trader who told me that the pros use minor fibo numbers…I had no idea what he was talking about….but I sort of just started learning Fibo the math and applying it to the market…it works, it’s imho cuz Quants are Physics Geeks….I hate analyst reports and never read them…..I read a lot……I love stocks…..My main anylazing point….mix of so many things…my style as I have been told is strange….I use bottoms up fundie, Macro Top Down, FX, commodities,T Theroy,Ganns and a Fibo system that I sort of came up with that mixes levels, MA’s, Time…I also have noticed cetain patterns of the day, etc…..oh oh….check it out….I also get real sleepy if a trade is going to go against me….sort of like Narclapsy…in fact there is a video on You Tube of Sketter the Narcoleptic Dog…George Soros has tingles..and I go all Sketter…thank you for asking….and you?
george..my comment is pending…not sure if you can see it….short answer, yes and a lot more.
2000 shares lost or misplaced by ameritrade on thursday 5.27.10 these shares will now be know as the lost shares of archadamus..and after spending my thursday morning on the phone with them (ameritrade)insisting i do own those shares,and being told i didnt, and i will have you know im looking at them as we speak and i cant trade them..i then called the company i bought .they sent me to the register and transfer company who issues the shares …these kind gentlemen couldnt beleave what they were hearing…and i was assured that td ameritarde had the lost shares of archadamus…so i recalled ameritrade…i have to leave right now i will finish this later
I think the next FLY BUY should be 10k shares of RIG
Looks like the Fly has his burlap hoodie on for a while
Enjoy
Pelican alert:
RW is writing down names for a beat down- be careful no to upset the bird!
And not be to purdy about it either.
Fly, what’s the short thesis on MET? Is it that they are leveraged to a falling stock market given the massive amounts of annuities that they have sold and won’t be able to pay if we go lower?
only 7% of their business is annuities
Sounds small, but isn’t it a liability that continues to grow as the market falls and returns diminish? Whereas life insurance liability should stay the same, or even decline as people live longer? Thanks for the info.
Winne the Pooh has the market figured out
http://henryfoolspicks.wordpress.com/2010/06/01/the-more-it-grows-tiddly-pom-the-more-it-grows-tiddly-pom-the-more-it-grows-tiddly-pom-on-growing/
On the road now, making money and shit
Since many here are long FTK… Pairing it up with a SD short looks pretty interesting.
http://img706.imageshack.us/img706/7705/sdjune12010.png
I smelled an old lady today from clear across a room. It was disgusting; Old person body odor drenched in perfume. They should torture detainees at Guantanamo with that smell.
In case you missed it, the Czech President being a badass:
http://online.wsj.com/article/SB10001424052748704875604575280452365548866.html?mod=e2tw