I can’t wait for the markets to crash. I dream of crashes and accidents, generally people losing all of their money and dying from starvation. I just can’t accept the fact that other people have made money, on the long side, these past 3 years. The market was supposed to go straight to zero in 2009, until those crooks at the Fed bailed everyone out and made things better again.
I remember when my neighbor told me how his 401k was so low he couldn’t retire. That made me happy. But after the fucking Fed and “The Bearded Clam” did QE, sending the markets up again, he was able to retire and move down to Florida. WTF? Much to my surprise, instead of losing his house in foreclosure, he was able to sell it at a profit! I bet he has tons of credit card debt, lol.
We all know the US is next. We are Greece, but in 2,3 maybe 10 years. The Chinese are taking over everything and all we have left are fucking golf courses and banksters. I bet the bastards from JPM will give themselves some pretty fat bonuses this year.
That’s alright. The Germans will make everything right, again. They are the only ones who get it. Every single country in the world is wrong, EXCEPT Germany. They will not let the socialists in France dictate policy and they will force austerity on the European people, especially Greece. The good times are over. It’ time to hunker down and get your priorities in line. Most of the people I know just want to kick the can down the road. I believe it’s better to deal with the root issue now than have my grandchildren do it. If you don’t have the money, don’t spend it!
It’s gonna be bad for awhile, maybe 5 to 10 years. Unemployment will hit Great Depression levels and the market will be smoked. Most banks will trade down to zero and most pension funds will have to break contract. But, finally, I WILL BE PROVEN RIGHT. And, to top it off, I may make some money in the process, through my short positions.
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I can never tell how much sarcasm is in your writings.
This is full tilt 100%.
likes this^
Written by the anti-Fly.
Mining shares are up. Metals will follow.
This post was brought to you by Hugh Hendry.
Fly, Have you been reading my Diary..lol. This pattern of Boom/Bust on Liquidity has been repeating itself since 1980’s it appears. Markets not based on Supply and Actual Demand is not healthy imho. I wish someone taught me that earlier, oh well.
Well…That is pretty f’ing depressing.
Reality, what a bitch.
Just buy the dip. Average down until Ben sneezes hundreds all over the country.
Tough luck shorting will be BANNED!!
To top it off, my new neighbors help me do yardwork in their hot bikinis! As opposed to trashing my yard with Monster energy drink cans,
Reminds me, where has TC been hiding out?
Private Gains Socialized Losses
This has to end. Skin in the game fuckers
I have been away for a bit… I thought we were going to start kicking people down elevator shafts?
Hurry-up and get over the depressive state – And let us get manic.
Really liking the modest proposal you’ve swiftly put forth here.
I can say for a fact that the Chinese are buying homes left and right in SoCal as investment properties. Majority are full cash offers too.
Wait until they close on Pebble Beach. Those links literally signal the reversal of fortune.
Ahh yes, Tickerforum. The Fortress of Solitude for The League of Doom.
I’d rather eat this delicious steak instead! We can keep this thing going for at least another 2 to 3 hundred years!
LMAO
The beatings will continue until morale improves
Head fake for the sentiment algos. Well Done!
LOL. You needed to use Caps Lock a bit more excessively. Otherwise, totally believable.
Is this Zerohedge?
LOL! I have been on this site for about 3 years now, this may be my favorite post to date. I would love to see a page or two from May/June 2008 or even March 2009. Hilarious Fly.
(Crouched in the bunker.)
With every crash – opportunity spawns.
The world ends unless we keep the same people in charge that created this giant mess. That sounds like a good long term plan for success.
OUr gov’t is spending out children’s inheritance. And the kids seem to be in favor of it! LOL!
Lets just cancel all debt and start over.
Since 1800, Greece has defaulted 5 times, Portugal 5 times, and Spain 7 times.
Shorts rooting for a huge crash don’t have to be sociopaths, it’s just a coincidence that a lot of us are. Crashes happen when bulls don’t listen to bears and accept that certain assumptions about future assumptions are too optimistic and scale them down a bit and let us take 5-10% off of them for correctly warning them of the danger and alerting policy-makers of potential instability.
This has never fucking happened and every time someone suggests that really the market should still be somewhere around the 2009 level, the bulls denounce them as defeatist and mock them as the bubbles get larger and more succulent. At a certain point everyone just gets tired of arguing and starts quietly loading up on ridiculously undervalued puts, waiting for the day to emerge from the cave.
NUGT is rocking & rolling indicating something’s up … The Clam or the ECB must be dropping emergency supplies and the words out!
PS: The 1303 pivot (=/-7) with the line in the sand at 1296 held …
wave1= 1296 to 1306
wave2= 1306 to 1300
wave3= 1300 to 1312?
wave4= TBD
wave5= TBD
A reversal may be at hand … Pay attention shorts!
“A” game … should be (+/-7 points)
I think Fly is dead serious.
hahaha … I think you’re destined to be someone’s dinner in Asia.
haha full burlap
Asshole Dip Buyers – ASSEMBLE
Really though, these late day rallies are just going to make things worse. We’ve had two full weeks of dip buyers; that’s two full weeks of underwater positions that keep building in size.
When you join the Asshole Dip Buyer’s of America (ADBA), do you get sent a decoder ring that helps you decipher bad investment strategies printed on the side of cereal boxes?
Dipsters FTW!
I am relieved to see the Fly has finally come to his sences.
Long canned goods and ammo.
to his what?
pretty sure this post was in complete jest, making fun of zerohedge types
No, just $1,000,000 from the Bearded Clam himself and instructions to buy every dip.
Honest money is tough to earn.
“I remember when my neighbor told me how his 401k was so low he couldn’t retire. That made me happy.”
Haha! Damn, thats some black hearted shit right there.
Schadenfreude!
Also translates nicely to shitstorm which is what we have.
We gotta squeeze them out before we dump this cocksucker!
Jesse is so cool. Always a can’t miss read:
“How Can We Fail When We Define the Rules Department – Governance By, For, and Of the One Percent, Princeton and University of Chicago Edition
Translation: Our crackpot models and malignant regulatory policy that caused the financial crisis in the first place now say that we have done a great job in creating a recovery and that this is the ‘new normal,’ so in the immortal words of Phil Gramm, suck it up you crybabies.”
Hammer Time!!!
http://www.youtube.com/watch?feature=player_embedded&v=jEbNlzjTQ-M
Do you see it now on the daily ($SPX)?
Run for your life Shorty!
The 1303 pivot (+/-7) with the line in the sand at 1296 held …
wave1= 1296 to 1306
wave2= 1306 to 1300
wave3= 1300 to 1321
wave4= 1321 to 1314? (almost done now)
wave5= 1314 to 1328? (to complete the hammer)
wave4 ended @ 1316
wave5 running now … 1319 but more to go … probably 1327-1328 early tomorrow before a consolidation.
A DevilDog close down 6.66 … Ha!
We got those BITCHES!
Hahaha!!!
wprt.
AHAHAHAHAHA too fucking stupid to make up.
I’m getting seasick, first Germany are da bad guys, no they’re the good guys? Geesh. We all know in our heart of hearts that Germany is wrong here. Didn’t they start 2 world wars? They have to be wrong. Spending what you don’t have has always been the recipe for economic success, whether it be on a personal or national level. At least that’s what I was told in the re-education camp I just got out of where I was forced to read the past ten years of New York Times back issues under electroshock therapy while viewing a screenshot of P Krugs. I’m much better now.