What can I say? I hope you all bought more lotto tickets for tomorrow’s drawing. I won today, via JST. Even my two shorts went down, MELI and AEM. Foreclosuregate is over, so yesterday’s news. Cocaine + 0.75% borrowing rates= cheap at any price.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts
Fuk anyone who says FI(A)g
FI(A)g
Who you callin’ a fAg?
Only thems wearn’ funny sci-fi hats.
How do you keep resurfacing, V.King? Quit messin’ with our mojo, piker.
The Fly is God.
How many crunches can YOU do?
Nice buy on JST. The plebs got in behind you and pushed.
Bring the Heat!
Breaking 1187 sets the table for 1220 with a brief pit stop at 1200 … just saying
how about a currency backed in ipads?
Ok, Dr Genius …
Those fat mountain bitches (CWTR) getting harpooned after hours…reminds me of the old days…ROFLMAO!!
http://ibankcoin.com/flyblog/2008/01/11/short-the-consumer/
Well, AAPL, IBM, and MSFT news all are killing the market. That along with GS earnings tomorrow before the open could end up killing this entire rally in its tracks.
I disagree. An initial drop to shake out weak longs and suck in a few eager bears, and we end even after a late afternoon ramp.
SSDD. This movie will never deviate from the script. Don’t get too excited.
Thank You Stock Gods.
The boat is slowly filling with water….
Applesauce !
from the post before<<Bottom line: My bias is long until we stop going up.
did we stop going up now ?
(i mean post aapl results ?)
SPY Flash Crashes: NYSE Cancels $500 Million Worth Of Trades
Tyler Durden’s picture
Submitted by Tyler Durden on 10/18/2010 17:10 -0500
* Exchange Traded Fund
* New York Stock Exchange
* NYSE Euronext
Why bother with crashing individual stocks when you can crash the most traded entity of all. Today at precisely 4:15 the SPY flash crashed, sending the price of the most popular security in the world down to $106.46 from its opening price of $117.74.
If you look at time and sales, its amazing how many actual trades went off at the low and were “busted”. I was in the mix when it happened and it was a frickin nanosecond. One of these days the whole market is going to blow up or hang when all the computers go haywire.
p.s. AAPL did the exact opposite of the herd mentality. Imagine being on the other side of all those worthless calls expiring this week. God Bless American Capitalism!
I warned on Friday, specifically–that we’d probably see a 40 point Nasdaq decline.
http://chart.ly/ygab4wc
However, from this point, i wouldn’t push shorts too hard. Bonds, Swiss Franc, and Yen are still a bit too overbought. These are a few of the prime “Anti stock” trades. Whenever they get too crowded, you have to be cautious with shorts.
So, we should get a stairstep decline, rather than a parabolic move down. Wait for pops to short intraday. We will get them. Do not push short into breakdowns.
Sir yes sir
they halted appl trades a second after the closing bell,dropped 17 points and then resumed to 301,they beat beat beat the hell out of the #’s and then pull some caca wtf.a fucking company that has “held up” the nadq for the last 3 yrs gets that. talk about bullshit.
I am hoping for a pullback myself. But, unless we get a big gap down with at least 100-150 DJIA pts, this is nothing but a pullback to correct some overbought parameters.
Was anyone surprised at AAPL move in the after market today?
The tough thing about Apple is that 3-out-of-4 segments came in below expectations; iPods, iPads and Macs, and gross margins are down and going to stay down..is this signalling a peak in the Apple magic? The momentum buyers might be a little concerned…if it breaks the $295 low tomorrow, that would indicate the mo-mo money is leaving.
Good for my QID
Fuck Apple and the rest of the tech bubble traders. This market is insane..lol Didn’t they learn your lesson 10 years ago????
Still a bunch of cheap tech stocks out there on my radar screen.
It can only be a bubble when 99% of stocks at traded at ridiculously valuation, to the extent of those cloud computing chi-coms.
TFIG
AAPL is an illusion. We have become a society obsessed with moving screens around with our thumbs. Christ I see 70 yr olds in Denny’s fucking with their I-Shit instead of talking to each other.
HA! So true.