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Bullet Proof Tape

by The Fly on January 31st, 2008 at 1:04 pm

Nothing is bringing this market lower.

Whether it’s huge drops in foreign markets, miserable corporate profits, monster financial writedowns, the market keeps chugging higher.

As you know, their is a concerted effort at hand to buoy stock prices. Yet, I find myself betting against them. Fucking fucktard.

Looking at today’s tape, should the payroll data come in benign tomorrow, we’ll be up another 200.

Up until yesterday, my biggest position was cash. However, it’s not the case anymore. I refuse to chase the rally in retail, homies or banks.

I fucking refuse.

For now, I’ll ride this out.

52 Responses to “Bullet Proof Tape”

  1. Mike Says:

    GOOG earnings are going to make or break this recent rally.

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  2. Sia Says:

    If we end this week strong, then it can signify a turning point.

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  3. Anonymous Says:

    join the fucking party. did anyone see today coming besides cramer? if tomorrow’s numbers come in bullish i will probably capitulate and move back to czechoslovakia

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  4. alphadawgg Says:

    Fly,
    Pick up a bucket of BWLD. Chow time. It’s worth $40 (again).

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  5. broken A Says:

    “Nothing is bring this market lower.”

    sounds middle-eastern

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  6. Juice Says:

    squeeze into the bell … spells major P-A-I-N for shorts

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  7. kidstock Says:

    Can you do something about the timestamp on the site? As you probably know, it’s 2 hours behind…

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  8. Steve Says:

    Hey calvino, how’s your colon doing you stupid piece of shit?

    See a proctologist.

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  9. alphadawgg Says:

    A close above 12,650 Dow is a game changer.

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  10. Juice Says:

    For those that bashed Cramer for his bottom call … and for him saying to buy real estate

    homeys ripping the cover off the ball today … outta the park !

    He’s rich & you’re not .. he did this day in/day out for 20 years quite successfully

    sure he fucks up but he ain’t no fool

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  11. The Fly Says:

    The time stamp is Moutain Time, due to the irrelevance of Moutain time folk or you.

    Broken A:

    You’re a liar and a thief. I never wrote that.

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  12. Weed Says:

    Whoever said we’d be up 200 pts today might get his wish.

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  13. Steve Says:

    I’m buying a breakout. We may not retest after all.

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  14. The Fly Says:

    Juice:

    Please. Quit blowing his knob. For every call he gets right, there are 10 he gets wrong.

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  15. alphadawgg Says:

    Steve,
    I’d feel better for the longer term if we did retest, but the market doesn’t give a rats ass how I feel.

    Good luck.

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  16. Dung Fly Says:

    Central Standard Time ?
    Fly must run this shithole from a garage in Des Moines. ARWR, DIVX, MATH, WGAT.OB on fire!

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  17. newequity Says:

    My top pick ARAY got taken out behind the woodshed today.

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  18. Gunship Ben Says:

    Boom goes the dynamite.

    P.S.: You’d never know that I’m short the market…

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  19. alphadawgg Says:

    Juice,

    With interest rates coming down, now people can buy a bigger house for the same mortgage payment! Stupid fucks.

    Double top breakouts on the homies. Somebody knew something most of us didn’t.

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  20. CAP Says:

    WOW. One strong day and the bears become bulls. What happens if we drop 300 tomorrow ? Everyone become’s bearish again ?

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  21. Greekpunk Says:

    Fuck you, Market. We’re at yesterday’s highs and I’m doubling down on shorts.

    P.S. AMZN really knows how to fuck with one’s brokerage account on a day like today.

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  22. chivasontherocks Says:

    just sold goog. 27 point gain from this morning, which i posted. still holding aapl and qqqq.

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  23. MasterDebater Says:

    SKF is getting thrown down an elevator shaft again. Retards are saying that we are now guaranteed to at least test S&P 1405 next week, which likely means SKF = $90.

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  24. CAP Says:

    This is playing out just the way it does everytime during a bear market. Get everyone to cover, suck in longs , act like everything is great and then BOOM the next shoe drops.

    The Dow will make it to 13,000 probably next week.

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  25. Alvari40 Says:

    chivasontherocks,

    I remember that call - nice play. Hold on to those AAPL shares.

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  26. chivasontherocks Says:

    Alvari40,

    thanks

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  27. Juice Says:

    I’m not ‘blowing his knob’ … its just that he is out there, making calls & is an ultra easy target

    yeah he makes bad calls but he is more useful, either way, with him or against him, than anyone else on bubblevision

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  28. BOOMER Says:

    Bulls take bears to the wall!

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  29. Breakfast Meat Says:

    hahahaha!!!

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  30. Juice Says:

    VIX VXO QQV possibly breaking their 5 week uptrends

    developing …

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  31. ottnott Says:

    MBIA’s injection of capital averts a crisis in the short term, but changes nothing about the economic trends that brought us to this state.

    The Fed & co. are doing a good job of patching holes in the wall, but there are still termites in all the wall studs.

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  32. Greekpunk Says:

    “Don’t tase me, Market!”

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  33. BOOMER Says:

    Shorticus falls to the God of Thunder!

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  34. Greekpunk Says:

    There she goes……timber. Selling into close is the fodder bears are made of. We shall see come 8:30 tomorrow. This market is like a teen’s dick, you never know when it’s going to pop up.

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  35. Greekpunk Says:

    I love how the market acts so surprised by the FGIC downgrade.

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  36. Steve Says:

    No breakout yet. Let’s see what GOOG does.

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  37. Shorticus, Demigod of Financia Says:

    Odds, Blood, man!

    Such percussives make mine ears run red with spent corpuscles!

    Do not get taken in by the Siren’s song, children, as monsters swim off your port bow!

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  38. BOOMER Says:

    ouch blew out my GOOG

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  39. calvino Says:

    Steve, that strange full feeling in your colon, is my goog shorts, fucking you hard.

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  40. Steve Says:

    I don’t own GOOG, moron.

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  41. Trader Renn Says:

    After hours? Or should I say minutes… the Q’s dropped like a rock one minute after the close - at least on my e-trade screen - is everyone else seeing this too?

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  42. ottnott Says:

    GOOG maintains the trend of shooting stocks for daring to report results.

    This is a bull market in what, exactly?

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  43. Pudfucker Says:

    Chivas: Very nice trade. It’s getting whacked after hours.

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  44. calvino Says:

    Steve, It doesn’t matter, fuckhole, whatever you are long tomorrow, feel the fuck goog is putting on you.

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  45. chivasontherocks Says:

    Pud.
    thank you very much

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  46. Shorticus, Demigod of Financia Says:

    I have smitten GOOG and it’s post-Soviet founders with a facial pox for your benefit, children.

    {clap! Clap!}

    Bring on the dancing Midian dwarves and the scented oils!

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  47. TraderCaddy Says:

    Like I said yesterday there have been a couple of times where the market reverses the next day after its reaction on FED day. This is about the third time in the last 8-10 months this has happened. It’s all BS.
    The gold stocks are acting like we are either going to “crash” the markets or the dollar has bottomed. One day doesn’t make a trend so as they said on Hill Street Blues (only the oldsters may remember this show): Hey let’s be careful out there.

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  48. ottnott Says:

    Hill Street Blues? Oldsters?

    The oldsters remember Adam 12. The ancients remember Dragnet.

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  49. Van Says:

    For the sake of my REW, I hope GOOG doesn’t do an AMZN tomorrow. Well, maybe in this “bear” market, GOOG will only rally to $600 rather than $700 on these weak results.

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  50. TraderCaddy Says:

    “One Adam 12, one Adam 12, we have a pot smokin hippy carrying a peace sign at the corner of Main and 5th. Please proceed with caution.”

    As Sgt. Friday said: “The story you are about to hear is true. Only the names have been changed to protect the innocent.”

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  51. ottnott Says:

    I preferred “Bookem, Danno. Murder one.”

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  52. Granpa Says:

    Just the facts mam

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