Done for the Day
The market is too boring to keep “The Fly’s” interest. As a result, I will be leaving the desk, in order to do something fun.
Keep looking at your charts and shit. I’m sure they will help you get rich.
As for the market:
It is a ticking time bomb. While many of you find it “fun” to trade in and out of stocks, like fucking degenerate OTB guys, “The Fly” builds his positions over time and waits for bigger moves. If you want quick picks, check out Ragin, Wood or Danny for some hot breakouts. They’re all very good.
Once upon a time, “The Fly” would trade like that. You know, quick, fast, bang zoom. However, with time and numerous blow ups, I decided it was not for me. Instead, I rather stick to a theme and beat it to death, until I win.
Will the market close up for the week?
Who gives a fuck? Really.
Wait until commercial loans start blowing up. Just-fucking-wait.
Frankly, I do not expect any large moves, until September. All of you “corn-can fucking misfits” can call bottoms and exclaim: “the economy will rebound in the 2nd half.” I, on the other hand, will take the other side of that trade and predict we will not rebound, until the 2nd half of 2009.
In the meantime, get ready to endure a myriad of earnings misses and “CROX-like” declines on those misses.
Top pick: short [[MS]]
You know what boredom and disinterest in stocks means… Hah, j/k, enjoy your afternoon
April 15th, 2008 at 2:48 pmStop mess’n around already. Crash this pig, test the low, and then kick ass to a new high.
April 15th, 2008 at 2:49 pmCubsRock- I pulled out an old autographed baseball the other day. I had Ron Santo and Lou Boudreau on it although I can barely make out Ernie Banks signature. As Jack Brickhouse used to say “Hey Hey it’s a home run.”
tomorrow may be up HUGE .. I would place a few wagers on that scenario & of course I have … but if that plays out, I’ll be selling & getting very short … there will be some major downside action come monday
April 15th, 2008 at 3:08 pmComparing my gains on shorts in FED, DSL and WM to SKF it is not even close.
Sometimes it pays to be crafty.
Juice:
Fuck you.
April 15th, 2008 at 3:11 pmBitch, SMN will never go up. Admit it.
When do you scream “uncle” on this one?
-DT
April 15th, 2008 at 3:12 pmHey hey holy mackerel! Lou is before my time but Ron is a hero in my mind.
April 15th, 2008 at 3:17 pmFly:
Thanks
But really, you should kiss my ass for the time machine calls I’ve been good enough to give you like some fucking space alien prophet. I’ll leave the magician shit to you.
April 15th, 2008 at 3:27 pmI didn’t see Lou play, but saw him sitting at Wrigley when I was about 10 years old and asked him to sign the ball. I saw some good games at Wrigley when I was a kid. I was at a game when Billy Martin (then playing for Cincinnati) punched out the Cubs pitcher, Jim Brewer. Also saw some good White Sox games at Comiskey Park with Nellie Fox, Luis Aparicio,Early Wynn, etc.
April 15th, 2008 at 3:33 pmwe can now go ultra on the ag stocks. Yipppeee …
Leverage … just what we need more of … groan.
These ETNs are designed to track the Short and Leveraged Performance of the Deutsche Bank Optimum Yield Agriculture (TM) Index. The following Deutsche Bank ETNs listed and traded on NYSE Arca under the following ticker symbols:
DB Agriculture Double Short ETN (NYSE Arca: AGA)
April 15th, 2008 at 3:57 pmDB Agriculture Double Long ETN (NYSE Arca:DAG)
DB Agriculture Short ETN (NYSE Arca: ADZ)
DB Agriculture Long ETN (NYSE Arca: AGF)
Hey, I have an idea. I am going to buy some DCR tomorrow.
April 15th, 2008 at 4:20 pmYes, take a well deserved rest, Fly. Do not visit here - http://www.detroitiscrap.com
April 15th, 2008 at 4:20 pmAhh…good deal, Intel beat just as I was told…
Watch IBM is going to beat big earnings big time, then raise guidance because of world demand in China; then oil will rip to $115, because of china.
What else? Oh, financials will rally because of China, since the people who are consuming a more rich diet are getting richer and they undoubtebly need tax accountants, financial advisers, banks…derivatives traders…the whole ten yards…
Off to Chinese food…Im very bullish right now
Watch that farm bill on Friday, boys…
April 15th, 2008 at 4:37 pmINTC reported INLINE because AMD sucks. Financials will rally because WM had a $1.0 billion loss, doubled their loan loss provisions and are in the process of raising $7.0 billion?
Hyper Inflation & US dollar destruction, but hey at least our banking system didn’t meltdown. BSC has several Trillion in counterparty risk.
Not everything is what it seems, just like a
Family Portrait
April 15th, 2008 at 4:58 pmAhh Q4…so simple minded, like our friend the “Fly”…well maybe not as much.
Indeed, not everything is what it seems…but just not the way you think.
Who else thinks Intel is full of shit? Those fuckin liars….
April 15th, 2008 at 5:08 pmWaMu Director Resigns Under Pressure from the FLY.
nice work.
April 15th, 2008 at 5:18 pmHeh, the dude on Fast Money just quoted Rob Base. Back in the day, I used to cruise main blasting this song.
April 15th, 2008 at 5:52 pmYou did that shit in your ‘ute, Cubs?
Man, you’re lucky you dinna get capped by a passing band of ‘Sipos.
April 15th, 2008 at 6:12 pmCubs rock how far do you live from wrigley?
April 15th, 2008 at 6:19 pmmike-
i think INTC is full of shit
…and this is coming from a guy that would LOVE to get long INTC (if the price came down another $4)
i predict they revise guidance midway thru the Q, just like they did this time. people cant afford to buy fucking bread - i cant see INTC pushing a fuckload of CPU’s out the door
April 15th, 2008 at 8:00 pmMaybe the government will start subsidizing chip makers instead of farmers now?
So I am curious here, in all honesty how the hell does the consumer survive when their houses are being foreclosed on, oil and gas prices are at record levels, food prices are soaring like mad and they cannot get a loan?
I really would like to know what else could be worse for the consumer? To me this looks like a perfect storm? Where am I wrong?
April 15th, 2008 at 8:06 pmLook at the bottom of the list…
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html
April 15th, 2008 at 8:22 pm@Juice
It may be HUGE as in the elevator headed for the basement.
April 15th, 2008 at 8:32 pm71% probability of downward motion.
Hey Fuckers,
It’s been awhile since I posted, beeotches, but I’ve been parting my ass off in Europe with several hot women (yep, flame away, assholes, while I get laid) and now back to make some money. Wanna see a stock about to implode? Why should I tell you fuckers? Because I’m short it and about to watch it get bitchslapped. It’s CSGP, and it’s a raging piece of shit. What does it do, fuckkers (sic)? Let’s just say it’s the Zillow of commercial real estate, and it’s a fucking ticking time bomb. Wathc (sic) and learn, assholes, while the financial sector gets obliterated. This bulls horns just turned, motherfuckers.
Namaste, fuckers.
April 15th, 2008 at 10:21 pmHello Harry. Long time no see. Have any favorites in the Kentucky Derby this year?
April 15th, 2008 at 10:29 pmHally,
Sit down, you rockin’ de boat.
April 15th, 2008 at 10:42 pmBleaking news!
Actual “twoo-rife” pict-cha of Hally consorting wif “babe” duling he Eulopeen toah.
See fo’ you sehf!
So Solly
April 15th, 2008 at 10:45 pmyou weren’t kidding
is it too much to ask for a late nite thought?
we’re fucked folks - the Cassini probe is going to fuck us all
April 15th, 2008 at 11:24 pmWe won! We fuckin’ won!
Fuck you Fly, and your blue radio, for not believing in us!
April 15th, 2008 at 11:42 pmI gib yu rate night tought: Mahkt go up tomollow rike high scoo dicks in pawn stahs maoff.
April 15th, 2008 at 11:46 pm