Late Night Thoughtby The Fly on March 6th, 2008 at 9:21 pm |
I made more money than all of you today.
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Yeah, but you had to shove pennies up your ass, first.
All my money was made, albeit less, without having an assful of pennies.
March 6th, 2008 at 9:23 pm…thus forever solidifying the meaning of “ass bank” in IBC nomenclature.
March 6th, 2008 at 9:32 pmMight as well add to the dictionary, Danny.
March 6th, 2008 at 9:57 pmDanny chalked up a few pennies for his ass bank via that CHK short trade of his today … too bad he got stopped out or he may have let it run a little longer … that’s the problem with stops in a market like this …. the broker’s the only one banking coin…. fuckers!
March 6th, 2008 at 10:16 pmBTW,
The Fly has cautioned plenty of wise guy traders about wanting to get long …. CMO, UDRL, etc should be good evidence of what WILL happen, sooner or later, with all longs in a bear market.
March 6th, 2008 at 10:19 pmLOL…no chance buddy!
Jeff from Miami
March 6th, 2008 at 10:24 pmDespite finishing positive, my ass-pennies were taken today, indeed.
March 6th, 2008 at 10:35 pmSRS is king…
Only longs are lots of SRS and oil, nat gas plays and defense…. don’t fight energy - Columbia is blowing up pipelines as I Speak.
Don’t bet against an army that is paid in cocaine. There are no boundaries to what they may do.
March 6th, 2008 at 10:36 pmHow come livestock isn’t running with the rest of the bullish commodity plays?
PS: Should have added “except inverse etfs” re being long in a bear
March 6th, 2008 at 10:46 pmLTM,
Chavez is toast …. this is a last ditch effort by him to get the nation behind him via patriotism since he lost the election to be dictator. Others will now take advantage of this opportunity to oust him …. where do you think Dick Chaney has been, working the dirty tricks campaign for McCain?
March 6th, 2008 at 10:54 pmLet me guess, balding and tiny pecker.
March 6th, 2008 at 10:54 pmYour reference is to livestock or your wife?
March 6th, 2008 at 11:02 pmAm I the only idiot that is bullish right here?
Shazbot!
March 7th, 2008 at 12:39 amWhoah! What a day. Trading finished 3 minutes ago here, and It was a ripper. HSI closed down -3.6%, HSCEI closed down -3.51%. I’m effectively short on both, long gold, and long Aussie dollar.
March 7th, 2008 at 1:06 amLet’s hope the NFP figure tonight is not surprising on the positive side (surprising on the negative side is fine).
How come livestock isn’t running with the rest of the bullish commodity plays?
you feed your pigs and cattle with corn. that’s gotten pretty expensive, so i’m sure farmers are sending livestock off for slaughter and not rearing any more. so right now there is an oversupply, but at some point in the not-too-distant future there will be an undersupply and it will be a screaming buy (cattle, pork bellies etc). been watching this patiently for a while now.
March 7th, 2008 at 5:04 amWell done Fly - you have played this market masterfully — just don’t forget that the last time you were throwing chicken bones at the peasants coincided with the peak in your performance for 2007.
March 7th, 2008 at 5:16 amWTF Fly is banking coin via SRS SKF Etc
Fly is Winning Final 4 via WM
Fly is Winning Stock of year FXP
Fly– I hope you gain 10 pounds fucker.
March 7th, 2008 at 5:29 amOdd, as Michael Callen from Ambak speaks my BULLSHIT ALARM is going off so loud the neighbors are calling to keep it down.
March 7th, 2008 at 5:54 amEarly Morning Thought…The Fly (125% short) is about to get 125% reamed up the ass.
Developing…
NFZ
March 7th, 2008 at 6:18 amUncle Ben must have seen the jobs report and ordered the helicopters revved up.
March 7th, 2008 at 6:21 amI hear that Fly’s Asshat Bank is already at the discount window grabbing it’s fair share of pennies.
A short term bottom may be close at hand. Jack Barugian (sp?) on CNBC just sounded bearish. I have NEVER heard him say a negative word.
March 7th, 2008 at 6:44 amshit hitting fan right now… but we’re going to hit bottom by Tuesday
March 7th, 2008 at 7:16 am2and20
Thanks, I suspected it was a seasonal thing (winter slaughter) or something like that (kill rather than feed) that would at some point create a shortage … watching COW.
March 7th, 2008 at 7:26 amdidn’t you hear the fly yesterday? GAME OVER, no more bottom calling.
And in alphatrend’s video analysis from yesterday, he said, “the market bottom is a process, not an event, and it takes a while…picking bottoms is a loser’s game, if you want to buy stocks, buy them on an uptrend”
March 7th, 2008 at 7:34 amGame plan in effect-watch SMH
March 7th, 2008 at 7:34 amFuck the dollar and fuck Fischer. I’m loading up the Gunship.
March 7th, 2008 at 7:37 am$old all inverses (TWM, SRS, SKF, SDS)… prepare for a short covering bounce. Be ready to fire away at the 50MA…
March 7th, 2008 at 7:41 amIt’s nice to be pretty much done with daytrading twenty minutes into the open. I would like to see a waterfall decline now with SMH holding near unchanged to up.
March 7th, 2008 at 7:53 amYour blog is getting better and better! Previous posts were good, but this one is just FABULOUS.
April 6th, 2008 at 12:39 pm