The overly dramatic are getting theatrical again, demanding tragedy in the form of a stock market calamity. Oil simply pisses on their heads, from above, as they recite diatribes of gluttonous speculation.
In accordance with the irrefutable LAWS (THEY ARE FUCKING LAWS GOD DAMN IT) of Turkey, the stock market SHALL NOT decline. Just because you want it to go down doesn’t mean that it will. I look at my position in LULU and laugh at the valuation. But, as sure as I am sitting here, it will trade higher and I will make money in it.
Eventually, logic will permeate the market phalanx, leading to a most disastrous drop.
AAPL shits on your decline. BAC snores through your bank run.
I am not content with things, as my progress has been stunted with moronic volatility. We go way the fuck up, then way the fuck down. I’d be better off playing cards with ChessnWine in Vegas, than making long term directional bets here. First I thought we’d go up, then down, then up, then down, now up. I’m sure I will change my mind about 50 times from now until X-Mas. But that’s my style. I am very malleable when it comes to market direction. I look back at my blogs and chuckle at them, due to the psychopathic nature of my moods. Trust me when I tell you, my emotional moving average is a lot more stable in the real world. It’s this virtual shit that drives me bananas.
But let’s face facts now, shall we? Stocks are stubborn and oil will not go down. There is something cooking and it is never good for the bears. They are the punching bag of policy makers and I am sure some egregious plan is been concocted, as we speak, for the explicit purposes of depleting their resources.
At any rate, I could be wrong; but I doubt it. Betting against Le Fly has led to numerous bankruptcies and property foreclosures. If you are feeling full of pomp, step right up and take a swing. It’s only your money, respect and dignity that’s at stake.
Read the tea leaves or shut the fuck up, k?
http://www.youtube.com/watch?v=5Vu-_LdL6uE
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I’d be better off playing cards with ChessnWine in Vegas.
I better get an invite Phuckers.
IBC Hold ‘Em Tournament in Vegas!!
We’ll have a cash game instead. Donkaments are brutal.
Donkaments, LMAO…my brother says that shit all the time.
“Donkaments”, I’m still getting skewled.
$WYNN provides the most secluded, sophisticated and stunning designs.
City Center honorable mention.
“my emotional moving average is a lot more stable in the real world”
Classic line.
I was just thinking the same thing! Checking in Inbox now.
My GMCR mistake is paying off. Maybe SBUX interested in them?
Fly,
Would love to get your thoughts on CRM? What’s the high probability trade on this one? Certainly, I think it can definitely rip my face off (I’m short) after earnings are announced, but it would seem to me like the high probability trade–irrespective of what the market does–is lower.
Fly, I know you warned me in Oct..and you were right. China is going to Up utility cost on their freezing people this winter it appears..why can’t the rest of the world be more like China? lol. These “save the world plans” are just messing us up more, brent can’t take out 115 and just trying to hold 112..Us trying to break 100 when Walmart misses the numbers is only a Turkey God could come up with.
I am going to post the link before Dirk D asks me fish thru all my notes for it in a few weeks http://www.energychinaforum.com/news/56881.shtml
noted
lol, it is so fustrating..most of the China Newspapers I use can only access the article on the day it post, after that you have to pay for subscription for past articles. There was a much better article on that “requested” hike last night, but I can’t access that. Your last request for a link took about an hour to dig up, with all the good ones I read not there anymore w/out a Chinese Subscription.
Let’s go LULU.
LULU fortunate enough to touch 56.5…dump it into the turkey market chaos…
Everything is fucked and the market is off in some fairy tail land, where shit tastes like candy and piss like cola.
shit and piss are my bread and butter…
c-o-l-a cola,
she walked up to me and she asked me to dance,
I asked her her name and in a dark brown voice she said, Lola; l-o-l-a lola….
GMCR short-squeeze?
The flaccidness of the market drop speaks to the virility of the coming long pump action.
Bernanke helicoptering out Viagra;
ECB getting ready to toss out some Cialis.
“punching bag of policy makers”, so true lol
If this is how the market acts in the face of a rising dollar, just think of what it will do if the dollar begins to really weaken. ZOOOM
FIO is laughing all the way to the bank.
Love it.
Most of the major gold and silver stocks still suck.
psychopathic nature of my moods…you been talking with my wife?
Market surged the day OWS started and heading north the day the scum were hosed down and out. OWS gets shafted either way.
My MTOR is running but in reverse as earnings exceeded expectations but the market didn’t like their margins … truck market is strong and the selling is BS so I will hold pending a crash in the European markets … LOL
I’d like to give myself a round of applause. I picked the intraday bottom… and shorted it. It’s actually laughable how spot on I was.
Easy money is long right now, says hindsight.
One thing to keep in mind folks is that the BOE announced a QE roughly 1/4 the size of QE2, if memory serves. Japan is running stimulus, and the ECB’s bond buying, albeit in modest quantities, is quite literally equivalent to QE, just not formally announced.
So one could expect, and should expect, some semblance of QE-ish behavior in the markets at this time. We probably have a net of about 1/2 of QE2 announced so far worldwide.
That should provide some levity to risk assets, even as the European situation is… literally hopeless and worse than most people fear. France has literally no chance of not eventually falling in the domino line without some form of currency creation in the Eurozone.
The Gold Stanard created currently constantly, IT WAS CONSTANTLY PRINTING MONEY, through mining and discovery, even if that creation was haphazard and randomized, it still occurred.
Fiat currency nations can create currency in a controlled manner, through budget deficits (NOT through QE, which does not equate to money printing) with inflation as the only consequence, there will never be a bond-market run europe-style in the USA.
But the Eurozone has literally zero, ZERO capacity for creation, and the vast, vast majority of the entire Eurozones trade surplus (that surplus representing, by accounting fact, the only capacity that the Eurozone as a whole has to provide savings to themselves…) is Germany. So Germany is the only major country there that has a fighting chance.
It is THE worst monetary system ever devised, and it CANNOT succeed without some means of creating currency. To facilitate the desire of citizens to save, to facilitate pop growth, economic growth, a stable rate of inflation, and so forth.
So we have levitation in the markets from what amounts to a not-insignificant level of QE, and, so far, absolutely NOTHING proposed in Europe that even has a chance of solving the situation.
And the great benefactor of the Euro – Germany – completely convinced that absolutely no currency creation is going to happen. Its not a recipe for glory.
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