I’m up another 3% for the day, pushing my gains to 36% for the year. I warned you to cover your shorts and explained to you in very plain terms, “we’re going the fuck higher, for a long, long time.”
Fuck you shorts, you’re dead.
Based upon the absolute laws of mathematics, DDD is lifting higher. Additionally, I am banking egregious coin in PPC, ANR, ATML and yes, motherfucking NFLX.
Life as you know it has changed. Everything has changed.
I have a few buys lined up, even at these levels.
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I guess with QE being “until morale improves” the OB signals don’t mean so much. Just dips to buy as there is no real downside.
Oil and Biofuels hot. $BIOF and $PEIX already popped. $REGI is a very undervalued biodiesel with rapid expansion and YoY growth.
QE3 was the most blatantly political and cynical political move I have seen. I must admit, I was shocked that Ben did it and was surprised. Obama clearly thinks that Americans are the stupidest and most gullible people on earth to overlook such an overtly political abuse of monetary policy on the eve of elections.
I hope Americans prove him wrong. Why aren’t we allowed to ask Obama’s background if he is seeking to be reelected to the highest office in the world? Was I wrong when I suggested that because Obama’s father was a Muslim (which is a fact), as well as his brother is a Muslim (which is a fact), as well as the fact that Obama’s mother married twice both times to Muslim men that just MAYBE he might be one? That Obama’s religion when he attended school as a boy in Indonesia (by the way why was he there?) where he was raised was listed as Islam, and that his Cairo speech and ‘apology tour ’09’ concert was the biggest disgrace to America since J Carter? That he has sent billions to Egypt in military aid (who are they fighting by the way besides the US and Israel?) while supporting the evil Muslim Brotherhood? Was I wrong as well about his non-Muslim associations like Rev ‘gd damn America’ Wright, which some folks said was politically incorrect?
Has the Obama Admin been too cozy with Radical Islam? We have the weakest looking administration since Jimmy Carter, and the Obama administration still refuses to and NEVER uses the words ‘Islamic Terror’ or ‘Radical Islam’ no matter WHAT. We have a right to know Obama’s past.
Watch that here:
Eric Holder Refuses To Say “Radical Islam”
http://www.youtube.com/watch?v=HOQt_mP6Pgg
Can you be born a Muslim and be a good person? Yes of course you can, check out http://www.shoebat.com. The goodness of a person is determined by his beliefs and character , however, this is a war of ideas, a clash of civilizations east and west, and the idea that democracy and free speech are somehow the enemy are represented by the murderers of Chris Stevens and their supporters.
Biographer David Maraniss’s book on the earlier life of Barack Obama:
http://www.wnd.com/2012/06/when-obama-was-barry-soetoro/#
Why is it politically incorrect or ’racist’ to question Obama‘s thought process or where he grew up? Rudy Giuliani said it best on CNBC perfectly this morning about Obama’s foreign policy. Get over it and understand it, because they do, Obama SYMPATHIZES with Islamic countries and has made that crystal clear. This man will lead America to ruin:
Obama’s Muslim admiration:
http://www.youtube.com/watch?v=tCAffMSWSzY
He will disgrace America, he will bankrupt America and he has shown contempt for America. If you care at ALL about the USA you can not even think of voting for b. HUSSEIN Obama in November!
I demand that you become a member of The V.Kingdom!
Let’s not bring facts into this.
church bake sale tomorrow!
Here’s an article about the architect of bernanke’s latest ploy:
http://t.co/VZ3f2uzZ
I think J and some of you other guys mentioned this academic months ago. Maybe Ben is reading the iBC.
Thx for the ONNN tip…
Hi Fly,
Comment: You have completely nailed the last few month. Absolutely awesome!
Suggestion: New site is great, but I liked being able to toggle between “next posts” and “last posts” Now it just lists last posts.
Question: Are you considering buying some gold/silver/miners? What is the rationale for either?
Thanks!
Wow – killing it with ibankcoin. I have covered my ppt AND 12631 subscription cost by 20x in the last month! At $700/year its the best value out there, period. (no paid pumper)
Beard gang uuuuhh!
I’m not dead yet but I’m bleeding pretty bad. I refuse to exit my shorts. There is no fundamental reason for the market to be at 1470. CPI showed inflation. Industrial output was pathetic. Finally, there is no put for bad news anymore. Bernake admitted he is now impotent. We may go up another 30 S&P points but we will crash into elections.
hmmm that sounds pretty suicidal.
Agreed Bottle
Ben announces QE infinity and the best he can do is 200 points on the DOW?
Meanwhile treasuries are shoving it up Ben’s ass since the announcement. Holding onto y shorts but still long a few stocks too.
You really think so? The most recent experience we have with serious QE is the 3/2009 run that lasted over 2 years and caused the S&P 500 to double from it’s 666 low. There was nothing fundamentally good about the world back then either.
biggest softball ever pitched, and people are still striking out.
lol
Credit markets were frozen then. Large banks had gone bankrupt. What we weren’t facing then:
Europe going bankrupt
One of the worst presidents in history being reelected.
Inflation
Europe’s printing. Keep in mind that this is a coordinated effort by the G-20 to stabilize through monetary easing. That’s the plan, and they’re trying to sell us on the belief that it will lead to a real recovery down the road. Smart guys use logic to deduce that it won’t work, and this is just kicking the can down the road again. Really smart guys understand that this is a huge confidence game in the short term, and they’re going to pull out all the stops (especially in a US election year) to make sure this rally sticks (until it doesn’t). All IMO. I’d worry more about the situation with our Embassies than the underpinnings of our fragile economy.
Earnings will tank as the consumer pays more thanks to rising gas prices.
No jobs. QE1 worked well, QE2 not nearly as successful for stocks, QE3 will be even less so.
Earnings were rising over these years as well. Not gonna happen with a tapped out consumer this go around.
Big softballs tend to be the biggest contra indicators in my eyes.
When its too easy/good to be true is usually when you get your ass raped.
When retail investors miss out on a huge move like this, they tend to scramble to get in. This rally could last a while.
With Obama leading in the polls, I see the Republicans pushing the fiscal cliff to the edge. Remember the downgrade? Well this time an election is at stake.
Retail investors will come in now only to get slaughtered, yet again.
EXEL is a biotech thatnhas a humungous short position in it and the stock can’t get past 5.50. The short in EXEL are made of TEFLON and add to their holdings every time EXEL tries to muster up a rally, keeping it pinned under the 50 dma. They are tougher than bull snot!
http://finviz.com/quote.ashx?t=Exel&ty=c&ta=1&p=d
Get in, make coin, get the fuck out. I see the supercomputers trying to suck in retail by walking the tape. Fuck that.
While you are at the work of checking out triple consonant stock picks, take a look at what PPP has been doing since last Spring….
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i don’t even read these lame ass responses anymore. FLY disperses manna ( nod to my jewish friends). @DIRK stay in 12631, don’t soil yourself.
mark david not included in above. always a gentleman focused on investing… and proper nutrition.