“I was right today. You were wrong. Ha, ha, ha!”
That’s the life of an internet stock swinger. In the real world, if you said that to someone in the real business, they’d either look at you up and down, or offer to break your jaw for you. Don’t think you are doing anything special, just because you called the market for a day, or a week. For the love of car bombs and arsenic cocktails, I’ve been banging down doors for over a decade now, both professionally and personally. So, before you offer counsel to yours truly, put things in perspective.
Most of the top hedge fund managers are down for the year. Some of the CNBC favorites, like Einhorn or that Pershing Square fucker,are swinging their small dicks across single digit gains.
Put things in perspective.
Are you in this for grand slams, or to build wealth over an extended period of time? Moreover, if you chose the latter, do you have contingency plans to protect gains? Or, do you paint yourself in the Ned Riley “bullish as fuck for 30 years and counting” camp? Wipe the fucking smirk off your face; you’re not that good.
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FIG
(did I do that right ?)
Makes sense. Thanks, Fly.
Oh, and FIG!
I think grand slams and sebaticalsmay be the answer here… act when shit is real obvious, like last year early or 2002 late or 2000 (lonng long short).
Just sit around with some alternate strategies in between the big obvious
Big obvious, after all, aren’t that rare
yes i am, and more.
ok fly, you’ll probably adapt a lot quicker than the rest of your shit feeding feebies, but let me warn you now…the credit short cover we are about to witness can not be measured by feebel technical analysis. there is panic in the air and it has NOTHING to do with S&P earnings. credit is on fire…period.
Equity markets are 10% higher by sep 1. take that to the bank. the dip shits in ny will try to short the e# on fri, and they will probably press sunday night and creat a little panic mon….but come tuesday the fucking 10th of august, Zeus is going to unleash a fucking bull storm like you have never seen!
So I will quietly wait with my megar bank account for all you dumb fucks to get whipsawed in the next few days. I recommed a sybatical for 5 days, b/c come next Tuesday my boys (the fucking credit bulls) will unlease firely demons that will appear to be angels.
Jesus fly, you really pissed off those neighbors with that whole lawn episode didn’t you? They’re sending their 12-year olds to harass you with bad spelling again? Well, except for Steve. His kids sure as shit would at least manage to get “sabbatical” right….
So true. Steve,Jr. is in Gifted classes and came in second in the School District spelling bee contest last year. He lost to Kavya Shivashankar and the word “onomatopoeia” was his undoing. By the way, he did spell egregious and bearshitter correctly thanks to iBC.
I bet that Kavya bastard is a home-schooled social leper. Hopefully Steve Jr. whooped his ass after the competition.
Kavya is a girl and I have always taught Steve, Jr. to be respectful to the young ladies. However, Neighbor Fly was upset at the spelling bee loss and keyed her parents Tata car in the parking lot on the way out. Fly, Jr. later decided to TP Kavya’s house. Mrs. Steve and I appreciated their support.
I love the SteveTheNeighbor posts…this guy should write for Comedy Central!
Thanks. You are a mensch. However, living next to Fly is just like Comedy Central.
ROFLMFAO!
L.O.L from Berlin. Dex is better than Rit, it is treu (sic)
You know what is so strange tonight…China is not talking Stress test like bloomberg reported Wed morning? ALSO I AM AMAZED that India Spot is UP AGAIN tonight, i really thought that thing would finally pull back, but the traders/speculators are playing with it and are just running it up. Wheat Futures is so high too….for the market if NYSE has advancers-decliners of about 750 then we can have a break in this uptrend and one nice sell off over days…but with this Iron Ore Rally continuing I guess we will have to sit and wait. RTP bte tonight will probably keep commodities going strong too…Shanghai Comp closed down, Banks, Property Developers.
Maybe you need a short So Bad Ical too?
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Jake, I was wrong about India Ore Spot…the raw data last night showed a continued move up, but morning final data showed the spot finally reversed….in my Weekly Article I have been focused in on this recent Mid July rally and Iron Ore out of India…..
The UrinalTrader says that’s interesting. Here is another interesting data point. There are 60,000 less sheep in Romania than last year mostly due to the fact they jumped off a cliff when they heard Fly was moving to Romania. The UrinalTrader expects the cost of ordering sweaters from Lands End to increase.
Nope, Romanian sheep have not been over cliff….some background in Romanian Sheep..http://www.fao.org/regional/europe/PUB/RTS50/179.htm.
BAE Systems in sealy, texas announced today they are laying off half the workforce of 3,000 people by this friday. The were building military vehicles for the goverment.
Odd, they just got a big contract up in Cincicrappi like two days ago. Maybe moving bodies?
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your bullish accounts
http://www.youtube.com/watch?v=KRdaI3AXljw&feature=related
Foster Wheeler one of my favorites is making a run.
… for the love of car bombs and arsenic cocktails …
—
Say what you will … but, the dewd can turn a phrase !
.
“Pershing Square fucker” LOL
No, general layoff. Basterds are sending notices in the mail, from what I hear. Terrified of laying off 1500 people at the plant in person. They set up an atmosphere of back stabbing, and now are unsure what to expect. Lots of cops will be on hand today. What a cluster fuck. Worked there myself once apon a time ago. But now, I work for a goodcompany.
Somebody explain SD to me. WTF.
Not WTF, FTK.
Explain… why…. it’s fucked…. why is not going to help the bag holders
Watch SMH.
Sandridge’d!
I love how no one really cares that we are falling off of a cliff. It is going to be a cold, hard, and long Winter friends.
LOL – Cliff? Here I thought it was just another buying opportunity
Bullish
We are heading toward a 5 year period of deflation.
It cannot be stopped.
Within weeks you will see evidence.
huggie, the only that is deflating still are home prices.in another week or so you’ll see gas going way up at the pump, and food prices rising. so tell me, specifically where you see deflation. cause i aint cummin
Hey FLY!
i wanna join the PPT, but wat is with your new thing coming out? should i wait for that instead???
You cannot joining 12631 w/o already being a memeber of PPT. It is an anndendum
Fly
I just joined the PPT…. how do i see real time trades? and can you suggest some good ways to find trade ideas? new to this all
hello
This old perve is still new to the PPT lingo. FIG is the code for what. Deude! How deude FIG translate?
I believe it either means Fly is Gothic or Fly is Gregarious.
Not sure.
FIG = FLY IS GOD
Thank you. Yeah, I know, deductive reasoning should have led me to it.
This is a cult site. Dr. Fly Jones is going to take us over the cliff and we are all going to die. Sorry I’ll be serious for the rest of the day.
Position net short through TZA @30.99 an VXX @ 21.40 Sonner or later we are going down.
The unemployment numbers are just great. We’re gong higher guys to 11000. Fly of course is up today as always. Life is Great!!!! Market too!!!
If you need a break instead of eating a sandwich try this: http://www.break.com/index/redneck-crane-water-skiing.html
OMG!!!!! OMG!!!!!!! Last night I was looking at the India Spot Ore price which had jumped..another source I look at (on the side) is a total of China/India Price which comes out in the Morning and has been following the Night Time raw data so I assumed spot would be up…ANYWAY IT WAS DOWN TODAY!!!….I FINALLY GOT MY IRON ORE SPOT out of China/India to reverse it’s July 16 rally…
TN – I have absolutely no idea what you’re talking about. If you have a chance can you maybe (please) explain it in the PeeGee? Just pick one thing like this spot ore and the relationships between India and China and what changes mean. Thanks.
Yogi, You didn’t read my weekly article? I am hurt, lol….http://www.ibankcoin.com/peanut_gallery/index.php/2010/08/01/nymph%e2%80%99s-take-for-next-week%e2%80%a6bollywood-bust/ in a nutshell, China buys contracted Ore normally from Australia and Brazil, but spot out of India mostly….
Are you moist?