The rally died on the spot. Nothing is sticking, not even AAPL or silver. My life, as currently constructed, is imbued with curses. I get to play this game on a daily basis and throw fits of stark raving mad rage.
Now as I write this, naturally, the market is climbing back up. However, I am writing this to remind myself to NEVER, EVER, EVER enjoy trading stocks again. I must take a disdainful approach to this job, similar to Obama’s position towards promoting alternative energy. I will feign interest and let people think that I like stocks; but deep down, I will fucking hate them. I will subscribe to the Wall Street Journal, just to spit on it in the morning. I will draw mustaches on the faces of famous CEO’s and frame them to be placed on my office walls.
I will mock the mockers and kill the killers.
If you are a young man, looking to get into the field of professional money management, think again. Invest in stocks ONLY as an avocation. You are much better off becoming a sanitation worker or furniture delivery man, than fuck around with European debt crisis laden minefields.
Sadly, dicks will be cut off and the guillotines are chasing me. “The Fly” might have to get into his fucking space capsule and seek refuge in the milky way. There are people and interests who seek to destroy me. Aside from stocks, the House of Fly has been under continued assault, with intent of humbling. I’ve been defending my position with great fervor and with owlish wisdom. But the imperious forces against me are growing stronger and I am tiring through attrition.
It is my God given right to luxury and to project my thoughts in stentorian tones. The rakish demons who plague me shall understand the scale of my fondness and ardor for winship. Either I end up triumphant or 6 feet deep, resting inside of coffin shaped after a fucking pineapple.
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It’s not happening to you, it’s just happening.
You are an excellent writer. How you come up with all the imaginative phrase-ology that you do is top tier.
I come from a family of world famous writers.
No doubt. I think similar thoughts with every post I read… even the ones with F*** in them. 🙂
Norman Mailer liven in Brooklyn. Your dad?
About 3176 miles East of there.
hallucinate much do ya?
Reading good books inspires his already excellent writing skills
Beautiful prose.
One has to think that with JPM on the hook through CIO, that Fed will ride to the rescue, and not with a blank cheque (sic). Afterll, there is only a finite amount of money that the desks can pillage and the hedgies may be ripe if they are on the other side of that trade.
other than that, business as usual.
War is hell, and I’ve aged at least a decade this week. I’m bizzaro fly in my total portfolio outlook, so one of us is going to be fucking crushed under a steamroller and probably have cement poured over their corpse to make sure that no one can dig them out by closing today. The comedy option is that it closes where it starts, but I don’t see anything less than 2.5% up or down by Friday.
The Devil takes care of his own.
ITALY PM MONTI SAYS IT WILL “NOT BE TOO LONG” BEFORE EURO BONDS BECOME REALITY
Bib pop on the Eurobond tweet. How many times will this work? I can’t imagine we see a Eurobond before a Grexit.
I cant imagine seeing it until all EU members signs away fiscal sovereignty to a centralized authority dominated by the Germans. Until then, rumour du jour.
They will sign off, its a matter of time, and in fact they will be begging for it, and the Germans will oblige.
It has to happen. Can you imagine if in the US we did not give any Federal Dollars to New Mexico, Mississippi, Alaska, Louisiana, West Virginia, North Dakota, Alabama, South Dakota, Kentucky or Virginia?
All of these states and 22 more get more in Federal Aide[sic] then they paid in taxes. That’s how a federal system works. If the EZ wants the benefits, they will need to pay the price. (And yes, I do come from one of the US states that pays out more in Federal taxes than we receive.)
I’ll remind you that the Milky Way and Andromeda Galaxy have announce a merger of equals, and that space may be unstable for some time. May I suggest NGC 5102 within the Centaurus A Group for refuge candidates.
Hey Fly..quick ?..my better half is on PINTEREST every night for hours…who owns PINTEREST??
It doesn’t matter. Social media is out of favor.
I bow my head in shame……….
I keep hearing about Pinterest.
It’s financed by private investors. One is Japan’s Rakuten…
From http://techcrunch.com/tag/pinterest/
Rakuten, the Japanese e-commerce giant leading a $100 million investment in Pinterest, will be making two major contributions to the image-based social network as it gears up for its next stage of growth: the funds to take the image-based social network into new international markets, and a business model.
Pinterest is huge.
I fully expect FB to buy Pinterest before they ever go public.
Or Google.
so why did you buy shitfacedbuk?
Did you buy the house you were looking at?
Yes
Excellent, re-model underway I take it.
Didn’t close yet
Best time to start the demolition portion of the remodeling.
LOL. Yeah, but sometimes the still current owner doesn’t have a sense of humor about that.
Nor the appraiser.
You think you’re going badly now , wait until
you finally up root your family and see how
everything deterioratess .
Moving to a new house after a successful residency is bad karma
Why not text the devil?
I’m up 41% this year…but the ONLY reason that hasn’t been cut in half or worse is that I went on vacation just as this downdraft really got going and I’m smart enough not to run inside a burning building, in other words, dumb luck.
My sympathies.
You probably feel a little better after that post.
Just because you’re paranoid doesn’t mean they aren’t after you.
What kind of brain thinks up this kind of stuff? You should think about being a Preacher
lol.
you are butterknife
this is for the demon.
http://finance.yahoo.com/blogs/breakout/3-signs-gambling-not-investing-143026282.html
I wonder if the equities robots will run in reverse when the forex robots reverse today?
They eat Routers and Bloomberg headlines like Corzine does corruption.
Starter in NVDA for the longer term.
Bought some cubes for a bounce.
God speed good docteur.
Is that the same as the routers attached to my iMac?
Doh! – should have been “Reuters”.
A-GAME.
Top-shelf writing as always. Made me think of one of my favorite Fly sentences, “Do not ignore this as idle hucklebuck.”
It is from this post: http://ibankcoin.com/flyblog/2008/12/03/your-account-will-go-to-zero-soon/
For those that have been around awhile, the comments section is loaded with some familiar names (DEVILDOG, chivasontherocks, BOOMER, scum bucket, and more). Good times.
Hi risk to hold long over the long holiday weekend. The smart money will sell today and the bulltards will get crushed Tomorrow in the stampeed for the exit.
Sure, but you could at least mention a divergence, short term support, 1313 and 1303 pivots within the short term OEW charts that remain with a negative bias, to support your assessment.
We’re gonna get chopped up just like last year.
It looks to me that we are going through typical market oscillations before a major change in direction. The market is still likely to move upward in force within the next week.
Query (no homo),
WTF does a “coffin shaped like a fucking pineapple” look like? Is it shaped like a regular pineapple but with a penis moving in and out of a vagina on one of its ends?
If you use quotes, you should make sure that you copy, verbatim, what was written. Fly didn’t say “shaped like”, he said “shaped after”.
“coffin shaped after a fucking pineapple.”
AAAAAAAAAAAAAAAAAAAA GAME!
Yes, but no substantive difference you nit-picking douche.
Thank you very much.
Kisses and Hugs
xoxo
I Can’t fucking believe that Iran Talks are going to push it to the wire, I DIDN’T get my 6 month delay on July 1 sanctions. They are going to June 18 for talks in Russia. Can YOU believe how wild June 18 is going to be with Greek Election Results, Operation Twisting FOMC and Iran Talks…Markets Love a Great Show.
Well actually Non Operation Twisting FOMC, we knew that with the Yellen Speech a month ago..but Dove Dudley sealed its fate on CNBC right now…I watch CNBC on Mute, I wonder how many others do too?
I have a stock that is in accumulation mode with lots of insider buying, profitable, and growing sales….Yet it has not move up…
NTWK….
I am buying this like there is no tomorrow
i hope the Dow plunges by 1000 points today so the bears can be happy.
I would prefer a slow grind lower over the next month.
Kinda like the last few weeks?
After a puke fest of bad headlines, an over sold market, and extreme negative sentiment the market will rally into June.
3 wave consolidation from 1324 looks complete @ 1310 … next leg up ???
Wave1 1297-1324 (27 pts)
Wave2 1324-1310 (-14 pts or 50% retracement)
Wave3 1310-1350 (1.5 X Wave1 or 1.5X27=40 pts)
Wave4 1350-1330 (50% retracement???)
Wave5 1330-1365 (Old support – New resistance)
Must clear and hold 1322 for this bullish wave to continue … Just saying.
We got those BITCHES again! 1323 here we come.
Gap Open Tamorah?
Wow, I got chopped up the few days. I’m tapping out, I’ll let Dink and Doink duke this one out.
YELP
http://youtu.be/Zvl9N9GdraQ hahahahahahaha
As we say in panama….donde esta le fly?s
traders are funny bunch – every day they forget that makrtes move up and down, it’s only natural
patience grasshoppers
markets ‘A-game’ 🙂
Pipe down pretty boy
You are more than welcome. Please feel free to make further niggling (no racist) remarks worthy of my scorn.
Happy Birthday Fly!
You’re no zucker…….. At least that’s clear….