I allocated 35% of my cash today, buying WNR, CLF, DECK and TEX. This is what I call “buying the blood” and it never feels right until it does.
For the next few hours, I will zipping through outerspace, traveling through time. Feel free to chat amongst yourselves. However, keep it distinguished.
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I hope today marks the day your luck changes…I really do.
It does feel right.
Settle down beavis
It’s not supposed to feel right
It does. Market not ready for new lows imo
That’s probably just “hope” talking…
I just covered my shorts. Fact of the matter is that small caps (which generally are associated with risk) are leading. The market will catch up. FAZ failed 52 week highs. Euro is rallying a bit. We are oversold. I’d say the higher probability trade is higher…
FAZ is a fucking derivative that deteriorates over time due to the way it’s calculated — always amuses me when fuckers try to chart it.
Like a prostate exam?
yeah when the doctor has both of his hands on your shoulders
I am still short EXH
Someone, release the Gorillas!
TEX looks beautiful! Thanks master Fly.
what is your tell to get out? thats the question
PPT
yup in as well. es, oil, short dx, long copper
I bought TZA/ERY puts & TNA/FAS calls, up 30% in one hour 😛
Crack is whack.
I was wondering why my numbers changed from red to green—
My Sprint was off 14 percent this morning. I love this market lol. I’m ready for a bucket full of sovereign defaults. Bring da pain.
Nice move Niles.
I’m watching the Euro, if it can rally a bit the equities will rip.
What does SHOMP mean?
sublime harmony of mathematical precision
too much gayness in the air.
im smudging the gayness out, for it is not welcome in my temple.
Picked up WNR and ARO this morning. I would like to pick up a few others but will resist and keep it simple, no need for a homerun here.
dead cat/reflex bounce. gay.
So far lookin like a fakedown, not a breakdown. But its still a trader’s mkt. Take your trades. The close is key. AAPL, GOOG, BIDU, AMZN earings next couple of weeks. There’s usually always some shakeout followed by a ramp into them. Deja vu’ again.
Shorting this pop in the Nazzie. Nothing has changed from yesterday. Greece and the jobs report send us much lower by EOD Friday.
Bought WNR 19.36 / Sold 13.40
This only works when you are shorting.
Still too soon, sir. Still too soon. We’re almost there but not quite. This selling stampede still has a few more days and downside points to go.
Come on clam. CLAM HARDER
I’m also in. Long ES from 1085.
Fly ballz of steel. Art Cashin would be impressed even though he farts dust
” there is no shame admitting this market is hard. On shame is pretending that this market is not”
Mean only
the market is hard, and I get smoked !!!
Eur/USD hit resistance at 1.3300..the Clam is done, and that stupid AAPL stuff should be sold off soon.
I just don’t understand the hatred for the most loved and owned stock on Wall St. Maybe it goes down 5 or 10 dollars before the next one hundred up. Why in the world would you short this stock? Try every other stock other than inverse ETFs.
Apple will be in double digits withing four years. Their $33 earnings will turn into a loss. AAPLE has nothing more to offer in the
way of a product line.
Thanks! I just bought more knowing that are lots of you fuckers out there.
Kenny…The market really won’t fall apart until AAPL goes back down to 278.00, which it will be. Glad your buying AAPL, enjoy.
Two disappointments in the same day.
Big Mac Chris Christie not running for Prez.
And iPhone5.
Great timing, Fly!