Hey folks, it’s that time of week again: Mutual Fund Mondays. Bask in the warmth of your local mutual fund manager, as he pisses down your neck, allocating new money into equities. Using this logic, the market shall never go lower again, since there is some sort of fucked up, insidious, never ending flow of bullshit dollars pairing up with stocks.
Back to the argument of jobs: we don’t need them. End of discussion.
Back to the debate over to QE or not to QE:
It appears Bernanke is prepared to partake in a little “zero hedging” by way of “not really giving a fuck” about the downside risks associated with monetizing debt. If you step back and really look at the Fed, you have no choice but to say “how the fuck are they allowed to get away with that?” But it doesn’t matter. Just be sure to pay your taxes and never mouth off to anyone in power, else find yourself checked into a mental institution, against your will.
Stocks will large short positions are sprinting forward, like SHLD, FSYS and SPWRA. Once again, you cannot help but to laugh at everything, for its simplistic poetic parallels are all too confounding to rationalize. Nevertheless, I remain obtuse in my bullish positioning, opting for the “do nothing” over “do something and regret it later” mantra. Granted, had I cast my doubts aside and levered up on some TNA to the tits, I’d be praising my superior IQ and dick size over yours, right about now. But, it was not meant to be, just like Matt Simmons was not permitted to live, after betting against the New World Order, via BP.
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Personally, I don’t think the QE ever really stopped.
I am long because Fly is bearish. Too many bears last week with that jobs report as well.
I spit on you.
so bitter
very much so
How many months did you follow the FLY? Since after SPX 666? Since 666 he was a bullish fearful leader, when most of the writers here were so scared to be long. A few days at most before the April top he turned bearish, almost perfect timing like a swiss watch, OK, you can bet against him, but not your whole farm, as you will loose it. Now on the other side of the mountain, people get bullish.
From Germany
loose farm?
is that like tight women in loose pants, or loose women in tight pants?
Sir, do not confuse my positioning with betting against the Fly. I afterall have a bullshit E-trade account with the grand total sum of what you probably make in hours.
I would never bet against the Fly.
OK, I am sorry, I understood you wrong, have a nice day.
More like an Icy Hot Monday.
This joint is hot.
“But, it was not meant to be, just like Matt Simmons was not permitted to live, after betting against the New World Order, via BP”
hilarious.
breadth was and remains solidly solid.
Things to look at include:
TBI, OVTI, IMGN, TIBX, FRED, SOL, WDR, EBIX, EZCH, BTN, MDCO
Indeud, an embarrassment of riches.
haha I like that phrase.
those are actually new longs I am sussing/have sussed.
MDCO I was holding at 9, gave up on it just prior to it’s sprint to 12. Ugh! Tibx I like to too. Thanks for the other ideas…
Sir, do not confuse my positioning with betting against the Fly. I afterall have a bullshit E-trade account with the grand total sum of what you probably make in hours.
I would never bet against the Fly.
My Simmons Beautyrest mattress will never be the same
Does it endlessly spew hot oil?
Surprised that no one is paying attention to seasonalities at iBankCoin. Fed days have quite a bullish edge, 57 winners and 27 losers since 2000 on my numbers…
QE 2 means party till the end… no? It will surely end up here.
Good/Bad deal.
As in QE 1 was the end of Devil Dog.
Have you separated those into rate increases, decreases, and flatlines? Share the data you have, if you don’t mind…
Last 13 meetings, up 1.18% on the day-average/ down only twice
All meetings at the current rate
We will have to wait for Judgment Day in equities in the fall. But until then, let this tide you over
http://www.youtube.com/watch?v=_10NgoZki1g&feature=related
“Stocks will large short positions are sprinting forward.” I will buy some massive amounts of FTK today. But only for a trade.
Deathwish 6 – ^^^
Does a bear shit in the woods?
FIG!
….(How long did that take?)
This market is going to rip higher as it climbs the “wall of worry” while punching the moustaches off of the bear-tards. We have a slight (temporary) dip in economic activity after a nice rebound the past several quarters and everyone suddenly shits their pants. This is just a slight pause as China/Asia/Emerging Markets will continue to drive the global economy higher going forward. I am long a ton of SPY calls. We will be much higher by year-end.
P.S. Oil and Copper are TELLING YOU this market is strong and headed even higher.
CDS widenings are TELLING YOU this market is going to get shitcanned in a matter of weeks, if not days. Seems like everyone is looking at indicators that is convenient for them, eh? That said, I am short term bullish, intermediate term ultra flamboyantly bearish!
Mutual Fund Monday will probably get the Turnaround Tuesday treatment.
Market still acting like it will continue to go higher in the coming week(s), albeit ingloriously and without pomp.