Sometimes people get caught up with the concept of hoarding money. They watch every single tick of the stock market, as if their pathetic lives depended on it. I can not stress this enough: GO EAT A FUCKING SANDWICH. You can’t just sit there, like some sort of pussy, waiting to hit the stock market lotto. It doesn’t work like that. Most trades are hard. Sometimes you get a gimme. But those gimme trades are the ones that lure suckers into the fold for future deballing.
Wall Street is a deballing factory, where men are split two for one.
Personally, I’ve made my bet now. It’s time for “The Fly” to go for a stroll. Or, I might take the kids to the park, for a little football toss. See folks, when investing, it’s important to remember how retarded and utterly stupid fund managers are. Don’t even get me started on retail. But, the point is: people have very, very small brains, like dogs, only worse. They lick shit from the asscrack of CNBC and call it their own. They walk around, dressed like Pat Riley, but behave like Ned. My whole existence in life is to destroy these people. Don’t you get it? I was built to hone in on and break apart these clown from within.
I shall do so before I am dead, AND MORE.
Back to sane thinking:
Bet against me and lose your fucking house.
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“They walk around, dressed like Pat Riley, but behave like Ned.” – that’s a classic line!
I believe they use the same hair product.
Burp….
That chicken sandwich was good.
Well…………FIG!
Trade the HEAT
One of my Penny Deals is up big….hooray 12 million doll hairs under water sucks!
VK, stop pimping your HEAT, you’re worse than spam.
EZ, DPZ, your kunthairs are showing.
You dumb Fuck…The V.King is up over a stick in HEAT…2nd and much more important none of you dumb ass lickers are going to BUY enough of any of my stocks to make them move. I BUY and SELL Blocks you play with them….Remember that Kreizi-idgit/DPZ
Sure. I also have fucked half China this summer.
I assume the guys…From now on you shall be known as Mr. Bukake (Japanese Chinese same thing)
Well, to be fair, there are a lot more guys there.
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I don’t mind. You’ll be Mrs. 🙂
Original as always..Mr. Bukake
So if Gold goes through a major selloff, and fails to recover, is that deflationary and means more downside for stocks into the vortex, or is it bullish for stocks given it means our growth is stronger and more inflationary?
How do people with small brains get to manage big money?
ask Bill Miller
LOL!
At Putnam Equity, you get to if you are “a team player.”
Robotic ‘hats.
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that’s right Fly.
you need some conviction.
time to tap dance on these fuckers.
If there weren’t ticktards, whose coin would we take?
Fly, I like watching the minute by minute stuff…but I do sooo sleep thru amature hour normally, they are all a bit too silly. I like the half hour before close of europe to really start watching the market……….but I just like to watch it, it amuses me w/ no stress blogging in my diary how they will react…plus it developes my analytical skills…sort of like a Basketball Player shooting hoops…..fwiw, GLD is hitting some pretty nice support, and risk reward favors it for a bit….someone had asked me about it in the 115’s and I mentioned this level as a better spot, fwiw……….BTW you know the greatest lesson FLY taught me, that 70% of all fund managers are just not that bright…I am still amazed by that one….oh, on Stupid Analyst, I still haven’t forgiven FLY on posting that LAME analyst report of X on PPT and the 5 minutes I wasted reading that trash…I so hate stupid analyst…lol
Nymph, from what fine institution was that S.A. who reporting on X?
Hey, who you calling stupid…I prefer stupid rich analysts…where else can you make multi-millions, and risk no capital, or have a 95 mph fastball? The stupid ones are those doing the same job now for 1/20th the comp.
I can think of government and related: http://basilmarceaux.com/
that’s funny
Kreizi…My mind hurts on flashbacks of that lame Europe Tub Steel analysis that I had to read. The name of who wrote it is a Mental Block to stop the pain, lol, go to PPT and enter X…the analyst report should be listed, it came out in June…..For Quint….they, lol, make WAY too much money. I just hate the fact that so many people trust their lame analysis with their life savings….not fair at all.
You know, Jim Rogers was an analyst for Soros. You should hear George’s opinion of him as a money manager too.
May I ask what Soros’ opinion of Rogers indeed was?
Not good. Seven minute mark: http://www.economicpolicyjournal.com/2010/06/george-soros-stumbles-in-face-of-tom.html
George Soros was asked about Jim Rogers his ex partener in the Quantum Fund which they founded together in 1970…he said “Jim Rogers used to work for me ” ! “he is a wonderful security analyst, he worked tremendously fast , he did the job of 8 people , so we had a very successful partenership , but he did not want another 7 people working next to him , so we had to part company…and since then I do not think he had been such a great investor , but he was a very good analyst…his approach is very similar to mine obviousely….”
Interesting. Thanks for the info/link.
Wise words homie. I pulled out of 2 long positions yday for solid gains, still holding several longs. Losing my ass in VXX, but gains in longs are outpacing VXX losses. In a bearish DIA and MCD vertical, and just entered BBBY and GLD bullish verticals. About 40% cash after yday’s sales.
Path of least resistance remains to the upside at the moment, but I’m lightening up to prepare for a shift.
Any new positions, it didn’t look like the Fly Positions were updated in the PPT.
The post made it sound like your short positions increased, others might want to help your positions.
sausage, eggs and toast for me. very tasty.
Au contraire, money is spice. Spice is life. And the Spice must flow.
(Apologies to Dune fans. All 3 of you. Off to catch that sandwich now.)
Bene Gesserit Witch!
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Apoc
I posted in notes adds in both edz and vxx, as well as a plethora of sells
All previous gulf wars saw a spike in gold
they weren’t severe, but, they were noticeable
Potential quadruple bottom on Gold miners Daily Chart GDX , in the 46.50 area
Worth noting: Previous Middle east escalations have been bullish for $GLD . http://bit.ly/d4UltO
That’s an optimistic interpretation of a triple bottom failure.
As long as rahm emmanuel is near the launch button, i wouldn’t bet against WW3 in the mideast.
http://rahmfacts.com/facts/06knuckles.html
The historical charts in that link are very clear. Mideast war is Gold bullish.
We already have two mideast wars. Maybe, just maybe, someone in DC has the brains to realize that we cannot afford a 3rd …and has the balls to stand up to the chickenhawks.
I figure that we/Israel are just negotiating.
Uranium has been spiking like fuck. There’s been lots of talk of nuclear power in the news too. Looks like CCJ wants to get to the $27.50 range, or more.
I’ve been looking into Argentina recently too. They are flush with cash (USD) thanks to the trade surplus they are running from their main export- soybeans. As a result of their debt auctions coming to market with success at still substantial interest rates, the bolstering of their foreign reserves, and inflation fairly high, I think it may be time for their currency to begin to appreciate. The cross I’m looking at is with their number one importer of soybeans, Brazil. There is extremely low implied volatility (I think, I don’t have specific vol numbers) and low risk/reward from my perch. Check the ARSBRL.
AMED is picking up some steam and CEPH has been doing well too.
Uranium? Spike? Interesting. It takes around 4-5 years on average to build an NPP and nuclear power units’ yearly consumption is steady over the years (NPPs are base load in electrical grids). So demand is well-known in advance and spikes due to “talks of nuclear power” are unreasonable. Maybe Jake can enlighten us as to recent changes in Iranian nuclear plans, or Pentagon’s for that matter.
Good point. There could be 235, or even 238, reasons why uranium is spiking. I was just pointing out the fact that the are bidders willing to pay a significant premium to what prior historic prices dictated, which piqued my interest. The reason has yet to be determined.
Sure. I just think it has to do with supply side, not demand. Some political unrest in U-reach area of the world. But, we’ll get to know later.
Fly this is a good post and I wholeheartedly agree.
Wall Street is a deballing factory, where men are split two for one.
Aye lad, from nave to chaps!
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These Cramer ads on the site are disturbing in many ways. If we keep clicking on the ads will that mean he has to pay iBC more and ultimately speed up his own bankruptcy and demise???
One of Le Fly’s greatest hits !!! These nuggets of wisdom ought to be bound and sold. Thank you Sir Le Fly.