So let me get this straight, Prezident O’bama is refusing dredging ships from Belgium based upon an olde protectionist law called The Jones Act, which prohibits foreign ships from operating inside U.S. waters. In other words, the Big O doesn’t want to offend the union bosses. Now, the government has scrapped plans to build barrier islands, that would serve as a buffer between the fucking oil and where people live. As a result, shares of GLDD are trading lower.
People from the internets, we have a failure of government taking place right in front of our eyes. Not only are they inept, but corrupted dick suckers to boot. The stock market embodies the essence of America, good and bad. Based upon the shit taking place in the gulf alone, this market is due for a ridiculously absurd correction. Add on -32% home sales and you have yourself a recipe for sheer fuckery.
Go ahead and buy stocks like the coach bag wearing homo that you are. With my money, I’ll be positioning for a pullback.
Fuck you very much.
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fig
it’s not a purse, it’s a carryall
lol….
Or a lovely accessory.. for gay men. not that theres anything
Hey, there are skittles in there!
lol. “You’re language is offensive”
One of my all time favorite movies.
Fly, would you ever run for President? I would vote for you.
He ran in 08….I voted for the fucker
Long 1 $BGU at 46.39. Going into FOMC 3/8ths long. Hoping uncle ben’s chopper can reverse this bond/dollar rally.
Only near term item that could sabotage a bounce here, would be a bearish oil inventory report.
Panama – Please change the channel. Oxygen channel does not do markets.
Ive seen you make alot of bearish critiques.However, you never seem to say exactly why you constantly lean bearish.
Elliot waves? PTSD? astrology?
Why is it a surprise that new home sales dropped like a rock? That’s what happened for car sales after cash for clunkers
Aren’t we talking YoY? i.e. there was no homebuyer credit program last May and yet we are down 33% from then.
@ doc, there was an incentive last May that spanned until Nov 2009
Keep an eye on the national and regional Case Shiller data. Another dip is coming. Foreclosures are hitting again.
>>…we have a failure of government taking place right in front of our eyes. Not only are they inept, but corrupted dick suckers to boot.<<
Are you saying that Barney Frank is now involved with offshore drilling? I thought his specialties were finance and getting drilled ON-shore.
For the record, that black smoke you see is from Le Fly’s mug. The white smoke is from the back tires of my FAZmobile, as I do donuts in the middle of running bulls while high-fiving Michael VXX.
All fear the FAZ-35 Joint-Strike Fighter!
Go ahead and buy stocks like the coach bag wearing homo that you are. With my money, I’ll be positioning for a pullback.
Just to understand, the rest of your comment was negative but you will be pushing for a pullback as in the market going up.. Is that right? just to understand.
I think I know why, but don’t want to say as it isn’t my place to do so.
NO. DAMN IT.
Positioning for a pullback means we go lower.
oh Okay. Sorry.
It’s just that I’ve been trading the PPT like crazy for the past coupla months using the SPXU and DDM depending on which extreme of the PPT is being played out.
I sold out of my SPXU this morn and bought a smidgen of DDM
How profitable has it been so far? Percentage wise…?
sense when does a “pullback” mean going UP?
artist.
We fell yesterday and a pullback in currency trader lingo would mean a reversal of what we last did, which is why I thought Fly was suggesting we’d go up.. as well as for another reason.
I see.
If I was prone to cursing, I would use any number of expletives to describe this market. This is a disaster. Look around, people. For heaven’s sake, just look around.
Hear, hear.
Seriously funny shit. Thanks.
Gotta love it when “The Fly” gets Discourteous on Obama. Can’t wait for November!!!
The Fuckery will be playing a lunch time gig at a “secret deli” in Manhattan today, opening act will be The Burlappers. admission is free, draft beer 1.00, cheeseburgers .3 cents.
I refuse to buy anything if I don’t get a gov’t rebate.
lol, good plan.
I’m expecting a gulf spill check any day now.
Obviously, we need more Community Organizers! If one is not enough, just add more.
No number of community organizers, plane crashes or domestic gardening accidents can kill the Fuckery.
Some homies (Costanza alert) heading to HOD- RYL,KBH,LEN.
Yes, to be a good day trader one has to have some sort of a mental illness.
Will sell SMH @27.85 for .90% gain.
I miss the good old days where eating a massive bowl of oatmeal earned a man +200 Dow points.
And here I thought it’s because I found a chunk of earwax on my pillow in the morning.
Bearshitter.
“we have a failure of government taking place right in front of our eyes. Not only are they inept, but corrupted dick suckers to boot. ”
Indeud, how could anyone disagree.
Home prices are still nowhere near the lows.
I’ll be walking the streets optioning houses for $50, no kidding.
Already happening in Motown.
government is inept, corrupted, and ruled by a minority of corporations….indued
Somebody resurrect our fore fathers to show homo gorilla coach bag toting sheeple what America is really all about….
The bankers who own the government seem to be doing exactly what they intended. Even artfully so, as evidenced by your post.
Dont blame me I did not vote for any of these cock suckers. All fucking politicans are the same they are owned by banks, big oil, insurance,Pharma and globalist. very sad situation.
it seems it’s the pols that own the means now.
The bigger the disaster the easier to get “cap and trade” passed…all while having BP to blame. Industrial Capitalists can apply more pressure than tree huggers so you rile up the general public to get your legislation passed.
Come on and join the sustainable development bandwagon. You don’t want to be left out in the cold, do you? Neighbors will start to gossip.
the fed will reduced interest rates to negative .25 today.
Therefore when you take a draw on your home equity line you will be paid interest rather than be paying interest.
good times!
What is going on with GLDD? Started the morning down 5%+ and now has come all the way back….I know the drop was due to what Le Fly stated above, but does anyone know about the comeback here?
Maximizing the oil mess will promote passage of the carbon tax.
But of course. Last I checked, Lucifer/Satan was quite comfortable performing the same trick. Over and over and over again.
Doing some serious buying to captilize on the expected short covering for this afternoon. The mood is dark here, but you have to realize the recovery is under way. http://www.buyeverydipandberich.com
One word: Brazilian
UnStoppAble…
I like what I see in my rear view mirrors today. Bought some more UWM.
Out SMH @ $27.80 for about .75% gain.
I can’t wait around all day.
I want to go swimming.
I love it when you experts put in your comments. why are you going bearish now. Dont you see this same chart pattern on November 2 2009. we are going higher from here.
I see. And it’s okay for you to put in your comments….because you’re clearly a non-expert?
Robots run the machine. And I am a robot. But remember, I am a dumas robot.
Anyone who shorted XHB this morning is receiving a constanza smackdown
Confused, clueless idiots. All of you. Put you money in CD’s.
And then watch the US dollar collapse overnight, rendering your CDs worthless. Diversification is nice.
It’s interesting how everyone votes for politicians according to their ideology, which a lot of the politicians only say they believe in because they think it will get them votes. And even if they do believe in what they say, it doesn’t matter anyway. Because the results we get politically depend almost entirely on how corrupt the elected politicians are– not on what their ideologies are. Results depend on the degree to which the politicians let their campaign financiers (including Wall Street, oil companies, big unions etc.) feed at the public trough in various ways, thus allowing them to rob and r*pe the public.
The moment I saw that software engineer testify that he was paid to rig voting machines, I no longer vote. It’s a waste of my time.
In waiting for something which is inevitable, patience is less important than logic.
Corrupt? No — why would you say such a thing? Don’t be un-American like that, as Janet would be upset with you.
what do I need to know in terms of whether VXX or VXZ is right for me?
If you need to ask, neither is appropriate. So sorry sir.