You might think the world is ending, due to recent events. However, things are no more dire now than previous periods of sheer fuckery. However, that does not mean stocks have to go up. The very notion that stocks must go up because the world isn’t ending is fucking ludicrous. Nevertheless, there will be peaks and valleys. Following Friday’s drubbing, I would not be surprised to see some sort of bounce here, especially since The PPT is registering an OVERSOLD reading of 2.19.
As an aside, “The Fly” just received his 3g ready iPad. I must admit, it is a very cool device. It’s like a giant iPhone and I love the iPhone.
So, in short, my bias is bearish and my expectations are to endure incredible and mind numbing daily ranges, due to the “coolness” of the western economies dealing with the eventuality of a “double dip.” Ultimately, I am in this game to buy stocks, at absurd valuations. I am not one of those burlap wearing bearshitters who pray to dead goats for the apocalypse. At some point, stocks will reach a level where the “worst case scenario” is priced in. In my estimation, we simply aren’t there yet.
Hence, I will continue to hold full positions in VXX, FAZ and will look to add to my MET short, when the opportunity presents itself.
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Welcome to the Cult of Apple. Wasn’t a fan pre-iPad, but these things rule.
A few favorite apps that get constant use:
GoodReader (PDF reader)
Office2 HD (Excel / Word)
AirVideo (play streaming video from your computers)
Bloomberg
Pandora (streaming radio by genre)
IM+ Lite (IM)
aNote
Ambiance
iFitness
CNBC
IBC
Bloomberg
Facebook
Twitter
Craigsphone
iReddit
Nasa
Wikipedia
Google Earth
Toms Hardware
Goodreader
iTransNYC
are all good apps
Baseball Superstars 2010!
Just like the old school RBI Baseball 3 on Nintendo.
Well, you fine folks would also enjoy SocialReader ( http://itunes.apple.com/us/app/socialreader/id364515067?mt=8 ) .
It’s developed by my firm so feel free to send feedback (socialreader [at] benefluxventures dot com). We are adding new features every other week so let us know what else you want to see!
If your a trader and follow links on Twitter, this will be specially sweet and useful for you.
Le Fly, give it a try, you won’t be disappointed.
Maybe parachute pants will be back in style….with new iPad pockets.
Bravo! Those parachute pants were very forward thinking, come to think of it.
Never could wear em myself, as I was too much of an angry rocker.
next up ITele/ITV (name pending). It’s a TV screen controlled by your iphone, or the TV screen itself, depending on how near sighted you want to be. You can set up recording from your iphone when you’re away from your TV, turn the TV on, interact with your ipad. New wireless ipods will also be able to upload songs via the I-Tele/I-TV which has internet connection and functions sort of like a giant iphone or ipad, only the “remote” is an iphone. You can’t own an I-TV without owning another apple product, and the wireless Ipod will cause everyone a need to replace their old Ipods and possibly Itouches if it’s not set up right.
After that we have the “I-car, where the stering wheel is a touch screen, and room everywhere for your other iproducts set to charge and play your ipods and such through speakers. It has an electromagnetic grill that can automatically shut down cars in front of you by bumping into it, much like the electromagnets at a junkyard can pick up cars, only spun the other way to instead be used to shock the other cars and shut them down. he wheels act as a turbine for the electromagnetic power, and soon every police force in america will have an “icar”. Also, neer models will be made out of nurf, so if you have an accident, you merely bounce right off of the other cars, but this will only work if everyone on the road has nurf. Either way it will be more fuel effecient if it weighs only like 20 pounds and runs through an Igrid. The Igrid is where the cars connect magnetically to the system and cars can then go 90 miles per hour 2 inches from each other without crashing eliminating traffic completely.
After that, we have the I house, which uses nanotechnology so your entire house can be operated from your iphone.
Parachute pants ONLY look good with buckled shoes and some kind of skate hoodie.
what are you going to use the Ipad for?
No matter what they call it, the absorbency sucks. (obligatory name bashing)
But the darn things have wings!
How does it feel knowing that everything you do on the Ipad was approved by Jobs? Hes protecting you from all sorts of bad stuff on the internet like flash.
Its cool. Thats all it is. Nothing more. As soon as one of these asshole computer makers come out with a practical product, I will buy a windows based tablet. Why is dell or hpq always behind apple? I am tired of being forced to buy apple shit because of lack of competition.
Tablet rumors were out for years and you still see these companies trying to catch up.
Jobs is God!
(except for cancer)
ever see phenomenon? Guy developed superhuman powers like telekinesis but in the process got cancer. I believe that’s based on a true story of Steve Jobs
If Jobs goes Albino, we’ll know…
_____
That, and– how many people survive pancreatic cancer? Maybe dude is God.
Yep, Zach Karabell said there was 2 million people like you Fly….a unique group of hard working employed people that still like cool shit.
You buy my liquidated positions…and I buy your IPAD at Wal-Mart for $199.
Hearing rumors of MCD takeover of GMCR…
And the market goes……………. up this Monday morning.
Who bet against me on this one, please step forward. You have boots to lick. If it continues to stay up without selling, the shorts will begin to squeeze and we’ll get the rally I predicted.
shut up
Day’s not over.
Stepping forward… Today is not “quite” what I was expecting… but it looks to not be an up day… perhaps a close below 1050??
wrong, dumbass, you lose!!!,
Perfect Open for me…..let the dip buyers come in. China and India Spot Ore had dip buyers too…up like 2% even with Monsoon weather coming….steel prices haven’t moved up yet……just like this attempted rally in amature hour could be short lived? Shanghai Copper futures hit limit down last night. Eur/USD lower then when i left it even with the BTE econ data….
And it does appear to be short lived for now….they will try again in about a half an hour or so….but the coolest thing, I think I can finally add the Hybrid Score into my multi systems…the Intraday Score may be a VERY good compass…..I am finally getting it, I hope.
M r. Limm says China has the Iped for $199 and he says big raises for Foxconn workers means the cheap electronics for America is all over – too bad.
Are there any workers left there? ouch.
I’m sure there’s still some “hanging around.”
ROFLOL…..ouch…..
Fly, If your around….at PPT for the intraday hybrid score changes, is there anyway to see what time they change…is it the same very day??? And thank you again for having this Solider’s back…
Also, Can we request to have the refreshed times around certain key times of the day??? For us that trade Time besides Movement?
Fly,
Just caught a glimpse of RW Pelican and his ode-to-BP. Fuckinghilarious.
for the record, last year fly was calling iphone uses homos.
He had an iPhone last year.
That might have been me.
______
Euro/USD sitting around 1.1950ish so very…as Jamie over at Live points out, sure looks like consolditation
Of course, consolidation to the downside.
George can’t wear parachute pants. They chafe George’s thighs. They also make a noise when George walks and he lost a job when his suit made noises at an interview.
You must be the same guy who does kaiser the dog and steve the neighbor.
Let me guess, you’re an ill tempered horse trainer?
Giddy up!
“So played”
Where are you going to be when the dollar crashes?
PS. Shorting AAPL
UNG has been moving back to the 200d avg.
The US needs 700 more Apple Co’s to be created to generate enough tax revenue to close the federal budget deficit. Or maybe apple can grow 700%?
At 3 we get our consumer credit from the Fed, many don’t trade off them, but I like to see the data fwiw
It was bte…moved the market up , but fading.