A great many of you homos are obsessed with having another crisis, another Lehman event that you might stick your beaks into. Plainly speaking, you’re all sick people. I’d throw you off a skycraper if I was able to get away with it, without even batting an eye.
What is the time frame for stupidity?
Meaning: is one considered to be stupid for being wrong after 1 week, 1 month, 1 year, 10 years? What is the statute of limitations for calling yourself a “guru”, after being wrong?
I’ve been wrong for about a week, long into a decline. Just last week I was 35% cash, seeing the market drop from vacation. Now I am back in the market, ready to draw some blood, and already I get resistance from the peanut gallery in the comments and on twitter. Other bloggers like to ignore comments because they have very small penis’s. But I will kill you, murdered in a very heinous fashion, done with all of the tact and grace that one might expect from a handsome gentleman murderer of course.
I am wrong for exactly 3 days. I need you to shut up now and acknowledge how wrong you’ve been since the atrocities of 2008. Furthermore, I need you to acknowledge that gold has grossly underperformed the SPY for the past 2 years, also a reason to be silenced.
At the end of the day, Le Fly is up nearly 40% and wins, all the time, even when he is losing. Say what you want about “market professionals” and “smart money.” It means nothing to me, because none of them are better than me.
These are the best of times, the roaring 2010’s. We will remember this era for the rest of our lives. You are bearish, like a stupid farm animal, in 1923. You’re supposed to be long in 1923 and sell in ’28-29–stupid jackass.
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I’m up nearly 30% just buying SPY and going to sleep.
Fucking brilliant as always.
Fly
If there is a cliff at the end of this run, whenever it might be- Do you think it will be ‘the cliff’; end of American dominance, or just another manufactured buying opportunity?
America is backed by it’s military might.
Amen. Reject this dollar and economy, stare our guns down the barrel.
Not sustainable though. The bluff will be called eventually. HAHAHAHA how soon though????!!
He’ll give us what we need. It may not be what we want.
Fly —
Great post. I think we’re closer to 1925, but generally agree. Ignore the haters… love the transparency and thanks as always for the commentary.
1926.
Call Me Stupid, But the one rule in this game is that Bubbles always pop..and since April of 2009 when China Govt was out there buying up tons and tons of Copper they didn’t need, we had a bubble forming. Now 2013 it is one historically super ugly ugly bubble that I would have sworn would have popped years earlier…Clams created this mess, I don’t see any Clam Juice left. We will see.
Ms. Nymph, you have been calling for popping bubbles for a couple years now and always come out in full force after a slight decline. What makes this time any different?
BoJ, BoE, ECB, RBA, China, FOMC all look like they are out of the adding of Stimulus Game finally.
China gov’t buying copper is the clam?
No, The Clams are the Central Banks around the world of course.
Bubbles do pop, but not on a continuous basis.
But what makes it finally pop? Dr. Copper topped in 2011 on the LME. PMI’s etc don’t justify this level for global equites (well maybe Shanghai and India’s equity markets). Take out the stimulus effect that hit the markets in 2009 and you have nothing. Best example of all of this came from a guy I was talking to at Home Depot. In 2007 he was a contractor and owned a home, he walked away from his home when it was worth less then what he paid. He lost his job. Now, he Works at Home Depot and rents a home that is smaller for more then he paid in Mortgage. That rental is owned by a company that bought tons of them in Calif..not healthy at all.
Plus Four plus years is enough for a bubble.
You’re wishful thinking.
Girl can Wish. lol.
and yet we still go down. lol everyone told noah he was nuts too! just sayin don’t be stupid. but I guess you can only see what you want to see. sure we go to an oversold mkt at this point, a pop is eminent . how did we get here. feds print mkt goes up. hum how long can this last?
http://www.youtube.com/watch?v=FfkZ1yri26s&feature=share&list=PLNhTos49Oq4JhRtPjscBGvEL98S92iFkK
…what the fuck does that youtube post
have to do with the subject? o(^_^)o
He is demonstrating his scattered mind.
yes my mind is scattered, I look at too many things like: income levels , (- 7% from 2001 levels) feds printing money for the market not the economy. we are in no mans land.
We are 4% of all time highs.
You are a stupid barbarian of a man.
MOOOOOO!
Fly,
I see no fear in your longness which scares me because I see many threats to the tape.
Usually you pair back and wait during these times.
Until I hear from the Fed on tapering I will sit back.
Best of luck to you sir.
by the time you hear from the fed, it will be too late!!! get wit it
I did pare back. LAST WEEK.
I am back in because all dips have been shallow.
I have watched the fly for many years. MANY years. He is seasoned in the way of the markets. Blahggers come and go, viewership goes up and down, the crowd migrates from bear blog to bull blog… but Mr. Fly has been consistent over the years, surfing these markets like some professional Maui instructor.
I have lived in NYC for 4 years now… And still the smartest and most poignant market commentary has come from from a guy who incorporates in MN. LOL. Gotta have a sense of humor to it all or you’re dead.
Dr. Fly, I think you will make money in the markets no matter what. However, I think this market has at least 10% more on the correction side.
AT LEAST???!! It’s over buddy. New high’s before we touch 1640 again on the SP. Make those predictions at 1750, so u mite b rite 4 once.
You think too much.
this post and thread is full of win.
There will be no “2008 – The Sequel” for the foreseeable future. Bernanke and the Fed still control the gas pedal and the brakes, and have said as much. Unemployment INCREASED yesterday, memo to file.
We may experience small contractions in the future, nothing like 2008 as long as, like the Fly says, US has military might and our Federal Reserve have teeth. Now if the Tea Party extracts the Fed’s teeth and give them false teeth, there will be nothing to backstop the economy, that simple.
ANGI look to buy today…the world is not ending,,i see lots of quality on sale
What have all you stock haters and bears been doing for the past 4 years? Staring at charts while the rest of us were making money.
Nymph, man up!
lol.
prepare for an oversold rally…but ya still have to pick the right stocks..rinse reapeat,stop with the doom and gloom nonsence
Slather yourselves in biotech goo – while it is still cheap. September is around the corner. Glorious coin is being banked for those who know.
ideas?
Short list –
RMTI
CPRX
AMPE
ASTX
INO
BIOD
NVAX (one of the most traded stocks on NASDAQ)
Correct. Focus more on your war chests and less on the bogey man of 2008. I heard the markets were down yesterday. I did not notice or care. Quality will rise in any market.
>A great many of you homos are obsessed with having another crisis
Thank God there is still someone in New Jersey willing to call homos, homos, and has no fear of practicing “Gay Perma-Bear Conversion Therapy”
I was expecting more of a correction but who cares. Regarding clams of the world: they are not out of juice until they can’t control the fall of their currencies and the increase in yield of their debt instruments, or income cannot keep up w interest payments. Sadly that will probably happen some day but until then i would remain skeptical but bullish
This is the new American economy. New American Technology will lead the way, and old dinosaurs of the market will become tomorrow’s petroleum. DDD, SSYS, ONVO – The new HPQ and XRX.
AMZN is the new WMT.
Social media giants like FB LNKD and YELP, they will be the new T.
Did I just see Hollywood Jon Taffer roaming the halls of ibc?! He’s in the night club hall of fame.
If you are the real J. Golds, I want you to know that you are my idol.