Those are all of the words used to express my feelings about this tape. I sincerely hope you are capitalizing on this window of opportunity and cease using me as a contra-indicator. You figured after my VXX loss that when I went “all in” bullish, hell, the market was certain to plunge. When in reality, it was your own hubris that blinded you from the fact that I possess greater skills than you and my short-comings are nothing more than anomalies, flash in the pans. The longer term trend for The House of Fly is up, with honor and great repetition.
Closing out this post today, I am proud to be long CENX, EXK, REXX, AKS, CCJ, C, TEVA, even FORM (just to name a few).
[youtube:http://www.youtube.com/watch?v=DhCFdyjc7Y4&feature=fvst 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
well done Dr.
Yeah, baby – long and strong! Good for you Mr Fly – your winship is well deserved.
I will have a mink lined burlap coat for Xmas!!
“Down South”
Smoked pork chops, mac & cheese and a mountain dew…
for breakfast….
(pass on red-eye gravy & buscuits for awhile until your immune system “toughens up”…unless you like sitting alot)….trust me on this one
And a Moon Pie with an ice cold RC (Royal Crown Cola).
Peanuts in a short coke…
And grits, sir. Don’t forget the stone-ground grits.
Indeud Dr., Indeud. Well done Sir.
Ribeyes for everyone!
Ha!
CYH+13.4
Indeud!
I am short most everything but somehow survived the week up…my goal is to remain short everything until i am proven correct. I will survive by selectively flippings dips to offset continued losses.
Do not fear….here is the latest: Two additional indicators have become overbought. The short term outlook for the stock market has changed
from bullish to neutral. Traders are advised to cash in profits ten minutes into today’s session.
Five different indicators are now overbought. (1) Lipper has announced a net inflow of $8.0 billion into the
equity mutual funds and equity ETF’s for the week through Wednesday. Net inflows of $7.0 billion or more
are overbought. The net inflow of $8.0 billion is the largest weekly net inflow in more than a year.
(2) Investors Intelligence has reported more than 50% bulls, 56.2% bulls, with 21.3% bears. The percentage of
Investors Intelligence bulls has reached a three-year high. (3) AAII has also disclosed more than 50% bulls,
53% bulls, and 23% bears. The AAII bullish percentage is the second-highest bullish percentage of the past
two years. The AAII bearish percentage is the second-lowest level of bears in three years. (4) The reading for
the CBOE equity put-call ratio has been low at less than .60 for nine consecutive sessions. Eight sessions in a
row at a low level is overbought. The CBOE equity reading was .44 on Friday. (5) On Thursday an
overbought uptick reading of +1048 had appeared at the close. It pointed to an interim top by today. About
half the closing uptick readings of +1020 or more produce an interim top within the next two sessions, most
often the following day.
Interesting
I will wait it out until i am right. I have no doubt that will occur within the next six weeks. After every deluge of good news comes at least a trickle of bad news. Maybe not until after xmas though.
With all due respect you failed to factor in the Oz effect. What is the Oz effect? That’s where nothing makes any fucking sense anymore. Welcome to Oz!
You don’t think i know that? I know that…but there is nothing i can do.
Does the Bernanke Wealth Effect cause no concern?
Of course it does
I like this one: “Traders are advised to cash in profits ten minutes into today’s session.”
Appeared to be a good call… until it wasn’t. Basically the market opened above the previous Nov highs and re-traced to touch that level on the fucking dot. Then it took off.
I could never figure your kind out.
there are all kinds of people and all kinds of ways to be successful…my path may not be the easiest path but it doesn’t mean it doesn’t or won’t work.
by the way its not like im outright bearish….however, the strength and duration of this move has caught me off guard. As far as Im concerned its too late to go outright long — so rather than just waiting in cash on the sidelines i scale down and see if i can catch some retracement before going long again. Probably better to just sit in cash but oh well…
The reason for the uptick in fund inflows is that everyone is getting ready for the holiday party.
If anybody saw Bill Clinton as “President for a Day” today, in a joint press
conference with Conceder-inChief Obama, they were rewarded.
The Conceder left “to be with his wife”, while Clinton exhibited the mastery
of policy detail and insight he is (rightfully) famous for.
This shows why the Amendment that bars more than two Presidential terms
is misguided, misplaced, and counterproductive.
Clinton yet again showed why he is America’s BEST PRESIDENT EVER!
ROFL.
_____
…whatever.
At least he was better than Millard Fillmore or James Buchanan.
And Jimmah Cahtah.
You can also say this — he’s the only non-Complete disaster Dem Prez we had in the 20th century… besides maybe Truman.
_______
Jake,
Stop fooling yourself. You know darn well he was a disaster.
” I did not have sexual relations with that woman. “
No, it was with one of her sub personalities, pseudo identities, whatever.
Clinton left office with a budget SURPLUS. All hail Clinton.
All hail the Republican congress, which ruled from 1994 on.
What did that Republican congress from 2002 to 2006 do?
During that time, they had a Repub pres, not Clinton any more, so they were totally in charge of everything— and we saw the results in the economic crisis. Anyone who is positively impressed with these results has dung for brains. Not that Clinton and the Dems didn’t screw most things up too. Both the Dems and Repubs are overall a disaster.
I just get tired of hearing the same ole bs on message boards, as if the Repubs are angels (and as if they are the same as Libertarians, LOL) and as if the Dems devils. That’s usually from people who recite Fox News Glenn Beck propaganda because they can’t think for themselves. Get a clue, people. It’s propaganda. Big corporate Special Interests paid a fortune to cram it into your brain. There is a reason why Hitler loved the television. set
http://www.dailymail.co.uk/news/article-1079415/Hitler-planned-Big-Brother-style-television-broadcast-Nazi-propaganda.html
I’m not saying Rupert Merdoch or Glenn Beck are Hitler, just that TV is ideal for disseminating propaganda. It has worked on most folks I read messages from on the Internet. That’s for sure!
Your point about propaganda reminds me of my first trip back to the States after moving overseas.
I left the States in early 2003 so the US already had about a year and a half of post-9/11 fear under its belt. I didn’t return until 2005 so I was out of the loop for two years.
When I got off the plane in the airport and was walking around there were these huge big screens placed throughout. On the screens was good old Dick Cheney rallying the troops and discussing how all these searches and other measures were for your own good. I understand the reasoning and don’t necessarily disagree; but it was the manner in which it was being presented that had me startled. I swear I thought I had stepped into a George Orwell novel, ‘cept this was real life. The fact they had Dick Cheney presenting the message was the strangest and scariest part.
I literally stopped dead in my tracks for about a minute to take this all in. All the rest of the people were carrying on as if this were normal. Since I had not been subjected to the constant barrage of “The terrorists are everywhere and they are going to get you” for two years I guess I was not as jaded as everyone else.
Whatever. The leftist propaganda is as bad as anything from the right. Corruption is in the eye of the beholder.
Beck’s latest propaganda is that 10% of Muslims are terrorists … What an idiot!
According to Fareed Zakaria, there are 1.6 BILLION Muslims …. so according to Beck we have 157 Million terrorists spanning the globe … Guess that explains the Mayan prediction for 2012, right Beck?
I think he meant that 10% support the agenda of the extremists, not that they are terrorists per se.
That’s a lot more believable, given the lack of outcry in the Muhhamedenist community w. regard to various Islamic nutjobberies.
___________
there’s a difference between sympathizer and terrorist and he said terrorist:
http://themoderatevoice.com/94885/fareed-zakaria-debunks-glenn-beck-10-of-muslims-are-terrorists-claim/
Yes his producer did some CYY afterwards indicating the definition of terorist is a doer or advocate but it’s clear what he meant.
http://themoderatevoice.com/94885/fareed-zakaria-debunks-glenn-beck-10-of-muslims-are-terrorists-claim/
I’m surprised that so many of you think that both parties are pro-US when you still have a private corporation controlling all of your money (bleeding you dry)! They call it the Federal Reserve. Ever hear of it? “Your party sucks” “No your party sucks”. The fact that none of them have had the balls to protect American interests from european bankers (Federal Reserve shareholders) shows just how much of a farce it is to poo-poo relatively minor policies (in light of the plank in your eye).
Matthew 7:4-5. The Fed is your plank fools!
Why should they protect American interests from European bankers? Or from the Chinese, the Saudis etc. Until we get campaign finance reform, the Congress folks and pres will have balls, just like they always have had– used only to defend their campaign donors’ interests. And campaign donors can keep their donations secret now, so the donors could be the Chinese or Saudi government, or the Iranian government for that matter, and no one would know. Until we search our communities for honest public-spirited folks who agreee to accept NO campaign contributions from big Special Interest Groups, and vote ONLY for them, we will continue to have a Congress and a pres that “dance with them that brought them.” They have plenty of balls, and gall. That is not the problem at all.
You highlight another glaring problem!!!
I personally think that the gov’t should pay to host a their platforms on a side-by side website, with campaign donations from an individual or corporation capped at something reasonable. Like $3000 dollars.
publish who donated what, and have questions answered on that common forum only. Your political commercials are rediculous and turn the whole thing into a farce that high-school kids would be embarrassed to be a part of.
Jake,
Giants by ___ over the Vikes this Sunday?
Could be a trap game. If Hakeem and Smith get back in, it’s ten points… if they do not… could be a long day.
Tavaris better than people think. Favre is dead if he plays.
______
Hopefully the Giants approach playing D on Tavaris like they did with Vick.
Favre has demonstrated his lack of common sense and discretion. He is indeed dead if he plays. The boy needs to hang up his spurs.
Thing is, not sure which Giants team will take the field.
The Metrodome is one loud place to play if you’re the visiting team and behind in the score.
“Farve is dead if he plays.” How many times has that been said before?
Two times.
Trick question, right?
http://www.youtube.com/watch?v=koY6kXhQDQo
an Irishman speaks
The gap between Copper (risk on) and Volatility (Risk off) has reached absolutely insane levels.
Remember. These markets are highly correlated. The leadership stocks are still heavily tied to china’s progression. The commodity most sensitive to china;s health is still Copper (JJC). So , even if you are in a sector that doesn’t seem China related, you remain dependent on new highs in copper–by association.
The only way the market can keep advancing is if Copper keeps rising, and Volatility keeps dropping. But pull up a daily or weekly chart of those two. Those that growing distance between them look sustainable?
http://www.youtube.com/watch?v=cCzgoQ1b1yg
Typo.
Replaced Does, with “Those”.
Apparently,listening to Fast money’s Joe Terranova is eating away the grammar portion of my frontal lobe.
Fast Money is pretty much just a bunch of non-sense anymore. I loved it as a new show, but now it just seems to be random commentary with a lot of hip sounding talk.
Don’t forget the cool music at the end of the show.
GIDDYUP!
WERD. They could fit that entire show into a 10 millisecond slot if they took away all the fluff and bullshit. They should retool the show and add more breasts!
Who needs breasts when you can watch Michelle Lee’s lips moving around.
Oh, here I am, I am back on the right web site.
I tried before but ended up on a web page named “Won’t You Kindly Read This?” Obviously that could not have been the Fly’s blog. I must have typed in the url wrong or something.
Fly, regarding where U should live: NC is indeed nice– Asheville is scenic, and Raleigh Durham has all the city stuff you might want. SC is pretty too. Florida and Louisiana are better for people who curse and speak frankly though. Parts of Florida are beautiful. New Orleans is below sea level so it floods But you can move across the Lake Ponchartrain from New Orleans, to Mandeville or Covington or the surrounding areas. They are on higher ground than New Orleans. Most fun people in the world live in New Orleans. Good restaurants of many different types there and across the lake from New Orleans too. Mardi Gras, Jazz Fest, good music always. Super inexpensive to live. Not genteel Southern at all though. Very frank outspoken people– outspoken like NY but nicer people. But on average they do drink too much.
….and Bernie Madoff resides 45 miles NW of Raleigh, at Buttner Prison. You could go for a leisurely Sunday drive to throw cans of soda and hot slices of pizza at his dormatory window.
I wouldn’t waste a rancid bannana peel on him.
Cut the crap. Forest Hills, and your driver knows all your favorite spots.
Caught DEADMAU5 at Austin City Limits this year. Crazy light show. The Flaming Lips were even better, especially the ball on top of the crowd at the beginning of the show.
The House of Fly
http://maps.google.com/maps?ftr=earth.promo&hl=en&utm_campaign=en&utm_medium=ha&utm_source=en-ha-na-us-sk-3dmfe&utm_term=earth%20viewer
I sometimes think you are Jim Cramer writing with a pseudonym. I mean it in a good way.
I’ve thought the same.
I guarantee you Fly is not Jim Cramer. It is up to Fly whether he wants to reveal his real name, but it isn’t Cramer.
Regarding the music clip: 4X4 = 12?
If the math tests come back for submitting comments, do I need to take this into account?
Fly has some new
Math too:
90% of the world population are idiots.
and Beck and his audience represent about 50% of that idiot population ….
The remainder are Taxachussetts Dems.
________
Only a few qtips left here in that brood …hahaha
You should move to the area across the lake from New Orleans, Fly. Believe me, New Orleans area idiots are more colorful and friendly than idiots in other places. Take a trip there and/or to Florida and see what you think– if you can stand the heat, which is another matter. The South is too hot for my tastes, so I moved to the Pacific Northwest. Great scenery, moderate temperature– only it rains all the time and you go for months without any sun. I guess no place is perfect.
Give or take 9%.