If you already live in the hills, stay where you are. Everyone else, pack your shit and run out of your homes RIGHT NOW. This market is being liquidated by a hedge fund failure. Some loser who lost his mojo, most likely valued $5 billion+ in personal net worth, stopped giving a fuck about his AUM. As a result, his billion dollar hedge fund Red Sox’d itself this year.
2011 is one of the hardest trading years I’ve ever seen. Hell, I am +3% for the year, after racking up 60%+ gains for the past 3 years. Needless to say, if I am having a hard time trading this market, just imagine how my peers with small brains are doing. Ha, those fuckers are vomiting on themselves, as we speak, doing lines of blow off garbage cans.
Stoically, I remain 70% cash. However, my longs are getting shot in the face, namely WNR. And, my shorts are higher, EXH, LM, TROW, ERY, NTRS. It’s just one of those days. However, even with the sun, moon and stars aligning against me today, I am practically unch, due to my fantastically grande cash horde.
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http://www.youtube.com/watch?v=eDd-GXkMrJs
what the fuck is going on here?
lots of shit, bucko. Stay tuned!
good, i feel like you may know something and i will like to know also.
watching XLE and OIH as “tells” since copper has done nothing but fall
It’s the fit hitting the Sham.
My fam is turned off at the moment, because it’s not hoy out.
Quoting Howard Lindzon, “We are entering the 3 F’s. Fear, Failure and Fcked.”
No, we are waiting for the woodshitter’s indicator to cross while everything is being shred to shits. His indicator will cross when the market goes to hell.
Watch these fuckers selling to raise cash and thereby hurting themselves. The pain will continue to mount as the margin calls pile in.
>>Needless to say, if I am having a hard time trading this market, just imagine how my peers with small brains are doing.<<
Lol… Hilarious!
We go higher! HuggieBear has coin to bank.
Fly thanks for the STEC call
Are you requesting to be banned today?
V.King for tabbed IBC status.
It only makes me stronger….
Be prepared V-King – 11-11-11. In the meantime, a return of the “thumbs up/down” would be appreciated.
pray for your souls
Bernanke is just praying (preying) for a crash so we beg for more of the QE that poison’s us.
Running for the Hills doesn’t seem like it would be such a bad thing.
No?
_________
Wait until China gets back from their Holiday they are starting next week…then we will really be in trouble when the world realizes they ain’t buying like 2009/2010…finally I will get my SPX 1120 taken out. Until then I, I sit and wait as we chop.
lol, with my wait..I should spend time to focus on Proof Reading..anyway, bulls go ahead and buy, buy, buy…I am waiting to feast.
Market is moving higher guys. Don’t believe the psyops from the shorts.
yes, the market is moving higher, unless you are long one of many momo stocks today.
How many of you are long DIA?
All my shit is in blue chips. In this market anything less would be self-betrayal. I know some go for the Shiite style self-flagellation by buying the cheap shit. You get what you pay for.
ok, so name some blue chips.
IBM has worked out for me over the last two years. They have been around for a 100 years, and learned a few lessons over that time frame and I know a little bit about enterprise software. Oracle has done well over the last two years and those guys should be around for a while.
If it’s who I think it is … wow what a flash in the pan that was.
Can’t be Paulson, can it? He’s been on everyone’s radar.
Fuck, I should just go use the PPT screener
Yet another brilliant/hilarious post.
I’m running.
The Fly is God.
Fly’s post reminds me of a t shirt I saw, on the guy’s back it said, “I am a trained bomb technician, if you see me running try to catch up”
haha that’s a good shirt
This is some of the best day trading conditions I’ve seen in my short 5 year career.
Are we to assume from the BoSox reference that you are speaking of one John W. Henry?
I spend so much time in the hills that I am becoming fond of them. Maybe I am turning into a hillbilly. For a longer term investor, this market is utter chaos.
Every time I blink I miss huge market moves. If I had cash in the game, that would be a disaster.
The market has gone full retard. TLT keeps creeping up.