As I make final preparations for my first class flight back to America, I am pleased to see S&P futures +22. More so, I am elated to know, if only for a brief period of time, the dicksuckers who profess 0% US-European exposure and a multitude of short sales, will be catapulted into a swarm of bees today. Again, the problem with people, in general, is gluttony. If you were balls deep short, going into the weekend, you got greedy and will now pay the price.
The lessons of managing money, on a high level, continues to repeat themselves, and often. You simply need to pay attention and stop being such a fucking pig.
Finally, Ben Bernanke cordially invites you to enter “the hole” asap. He will bring his finest blunts and 40oz bottles of malt liquor to Jackson Hole this year, begging you to fuck with him.
Are you brave/man enough to get in “The Hole”? Or will you simply fade away, like a one hit wonder, vanquished yet again by THE BEARDED CLAM?
[youtube:http://www.youtube.com/watch?v=Tokf_4beQV4 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
does gold get curb stomped here?
That’s going to require a real “risk on” rally. To get a real risk on rally is going to require some kind of good news, like Germany suddenly realizes its economy is going into the shit can if it doesn’t support the EU, or more printing from Bernanke. Unfortunately neither one of those is looking very likely in the immediate future.
“a swamp of bees”, still laughing
Little known Bernecke fact- He worked at “South of the Border” outside of Florence,SC while in high school. For those familiar with this surreal tourist destination this factoid is very amusing.
Haha.. great factoid!!. I used to stop at South of the Border all the time on road trips to Florida from NY…
I remember ” South of the Border” from a family trip to Fla. in 1972.What a shit show.Do they still exist?
Do they still have a Pedro sign every five miles or so for a thousand miles?
Very important “half way Point” for many Spring Break trips.
That cigar joint, too.
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You buying more WNR?
No, but I might buy back the $19 strike calls I sold.
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hey senator.i got some dirt on fdx, about cutting sorts. and flights from ord
Not surprised. The Trannies are not telling us good things here.
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Yes it exists and yes its a waste of time.
Been there. Loved it as a kid, but I can’t remember what it was like inside. Just fond free floating memories
Do you think the drop in oil refineries (WNR, CVI) this morning is warranted due to events unfolding in Libya?
Hey! The person that goes about randomly thumbing down everyone,
why don’t you do something useful and stick your thumb up your ass?
No.
lol @ “He will bring his finest blunts and 40oz bottles of malt liquor to Jackson Hole this year, begging you to fuck with him”
Ben is the highest form of gangsta, closely followed by the Fly and Suge Night
The clam goes to Jackson Hole– he just better stay away from the rocky mountain oysters.
http://presscore.ca/2011/?p=3598
KOMBO
I made almost as much selling bootleg firecrackers and bottle rockets from S.O.B. to other kids in my school, as I do trading this mess. A real fuckin’ fiasco, is what I got going on here.
The Clam just can’t get it up anymore to fuck me…..that “twist” of buying the long bonds and selling short just won’t do it for the bulls. BTW, Thank you for the pic of the clams on the Homepage..notice that the Clam is not the Quagore (sp) anymore…..ahhhh, Nasdaq just went negative, and there goes the SPX to the red….bye bye rally.
Oh he’ll fuck you alright.. never mess with a dude with a trillion dollar Viagra boner..
You’re gonna be walking funny for years.
That’s some funny shit!
LOL!
I like the black shit depicted coming out of “Bernanke”. Proably the clam foot, but funny.
Ben asked me to tell you something, “So sorry Miss Jackson, I am for real. Brace your hole for a clam-fuck”.
lol, Andre..I mean Go2Mars…love Outkast…the actual spelling of the toughest Clam is QuaHOG, which the bulls have been since September of last year on QE2 juices…even with Cato’s Viagra the Clam won’t be able to do it…and just like this rally today, he will just go limp.
Nymph, you talk some mighty strong words for someone with no skin in the game. Trust me, you thinking would be very different had you actual money riding on your stance. I don’ t think you would have lasted this long if you were really playing.
Bull
Bullrun..I, of course have skin in the game. I do not use margin accounts or options. I can never understand why so many think I am not invested because I am not all “greedy/feary”? Money is not that important to me, solving this game is (I know fly, Monkey with Accordian)…money is just a scorecard for it, so I don’t FREAK out on a loss…also, most know here that I hedge my shorts with Gold and a small bio name as long term positions…so I am not really down that much. I took a bigger hit in 2008 being long vs all of 2009-2011 being short.
Plus, not that long…I started in July 07 not knowing what a p/e was. Most here have been in it a lot longer then me.
Also, Bullrun…thoughts and analysis on China PMI data coming out this week? Ah didn’t think so.
could you ‘break it down’,TN, just a lil bit?
How does one become so determined to prove years of determination (credability.TN.net)?
I must have misunderstood when you said “For me, I am not a bull nor bear, just a student of bubbles.”
warning
after four years you are default more than the China bubble you study/hope/copy/paste.
CNBC is starting the Million Dollar competition Which Jim are you going to emulate??
Please do not consider a bio-tech hand grenade as part of your hedge. You’re hedged with gold. That’s all.
Oh, sorry bullrun, miscommunication…it was in reference to “end of the world” vs “everything is great”…I see it as boom/bust china commodity needs, so student of that bubble……Cain, True, but I really think that if FDA approves it, it will change so many lives….its a guilty pleasure. Just love the story too much…well its a long position, so sort of a hedge, lol.
Not really, a hedge should reliably trade inverse to whatever position your in. Bio-tech’s can easily make thousands of percent in profits in a huge down market, or just as easily blow half your arm off in the greatest bull market of all time.
Sorry, I’m just picky about that sort of thing.
Cain..I know, but I really miss my days of stockpicking.
I miss the days of you not posting.
“The Clam just can’t get it up anymore to fuck me.” (Trading Nymph)
I think you’ve been fucked for years!
Fly vacations and the market goes a bit bonkers – happens every time. Fly, you should have remained in the islands – which one was it? The hurricane would have been an experience.
The only questions I have would be:
1. Will Obama have the press conference wearing his golf shoes?
2. Will Obama have the press conference wearing a Libyan Muslim Brotherhood logo golf shirt as he hands over assets to them?
He’s having a “shirts/skins” game with homeless as part of his “I care” platform
So are you a relative of a Republican Congress person or what?
You must realize that even folks who voted for Obama can come up with more substantial criticisms of him than falsely expecting him to wear golf shoes to an interview, and repetition of obvious Glenn Beck type lies such as him being a member of the Muslim brotherhood. No one believes this except Fox News believers. And relatives of Republican Congress members.
How do you tell an Obamanid in the while?
No sense of humor.
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sold gld, 184
Think I’ll do like Doug McArthur and just fade away…
Is this a rip the tits of the bears rally ? Fail. ( Although i do see it coming just perhaps not from these levels but a bit lower )
Just bought 200 shares BAC @6.46 for taco money.
Almost got it now.
Not sure though if Taco Bell has a Value menu.
I may hold on and go with the higher end Moes or Tijuana Flats.
tc.do you lite cigars with hundred dollar bills? lol
Good one.
I’m a real gambler.
I’m hanging onto my BAC because I want to super size it.
I like your move. Long term you win. Fuck the two months shit; you’ll double in a year or two and I don’t know many people who can do that in a year or two.
If they go under, so will the Americas…and then we’ll be jockeying for stolen loaves of bread when we bust through the windows of the grocery store.
They’ll have a two for the price of one sale here soon.
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$MPEL better not miss earnings tomorrow or else I’m going to need to apply for a job at McDonalds.
Good risk control.
My wave guy is tops per Forbes:
http://www.forbes.com/sites/johnnavin/2011/08/19/3-excellent-elliott-wave-technical-analysts/2/
Wow. So someone can make E Wave work. Prechter’s perma-bearishness has turned a lot of people off to the idea of E Wave work.
Ok I’m mad…I’m sorry but I feel like the voices on msnbc, mad money, whatever… I feel like they feel much more important fielding fear, than being optimistic. People always feel more important when one thinks they are needed, ya I need you alright. I have my own eyes, and mind.. Were going higher, much higher.
Well, I don’t know if we are going higher or not. But the TV is a fear box. Always trying to scare the shit out of people all the time. Especially the news.
http://www.jamesaltucher.com/2011/07/9-ways-to-fight-fear/
That’s media.
Some light late summer reading comes recommended from Across the Pond — Goodbye to All That.
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Go2Mars…I have been playing it all day since you mentioned it, this is really the theme music of the Week, http://www.youtube.com/watch?v=MYxAiK6VnXw&ob=av2e
“The uploader has not made this video available in your country”. What is it?
OutKast Ms Jackson…of course
sold all my exxi at open, rolled it into TZA @ 52 sold it and noon for 59.25 lmfao!. I just been selling any rallies, finished way positive on day, mainted my only positon which is wnr. 75% cash. Almost slung some more shit at wnr, but decided to wait….way oversold on that libya shit cuz wti/brent moving in.lol. Crack spread higher than it was last week, fucking stupid sell off on that stock IMHO. this mkt is fucking bear, no if and or buts, just a fucking turd. Like my dad used to tell me, you stick your finger in a turd, your finger is going to smell like shit, or something like that, probably not the exact saying but you get my point….
I meant crack spread is still higher now than it was last week, maybe not the all time fucking high but close enough.
LOL. that is what I said, fuck me silly.
BAC is definitely “in the hole”
HaHA Fuck BAC