Resistance!by The Fly on April 30th, 2008 at 3:06 pm |
Do not misconstrue my internet friendliness for softness. I will fucking kill your goldfish and have your eyebrows punched off—with a snap of my fingers.
After coming down from my caffeine high, I am paring some of my longs—selling off some (CTRP: 41.74 -0.74%), (SNCR: 8.51 -0.82%), (WB: 14.88 -3.25%) and (HANS: 25.25 -6.93%).
Although I believe the near term direction is up, I am respecting the obvious 1400 S&P resistance, despite hating those who look at charts.
In short, you are not better than me. You are a “homo-hammer” recipient and will respect my market mastery, whether you want to or not.
Good Day
NOTE: In the event the market spikes tomorrow, I have long positions in (UYG: 19.54 -0.56%), (HANS: 25.25 -6.93%), (CTRP: 41.74 -0.74%) and (WB: 14.88 -3.25%) to offset my short positions in (SRS: 110.15 +1.71%), (FXP: 91.73 -0.74%) and (POT: 210.89 -0.78%)—giving me an overall slightly bearish bias.
UPDATE: Stay tuned for a paid commercial from Alpha Dawg.
Fly,
You’re such a fool, you must be one generation removed from the village idiot.
You simply do not understand the drivers in this market.
jog
April 30th, 2008 at 3:10 pmagreed… AAPL slid fast. V is still ok, got a call & put for the extreme. my OIH puts didnt work out either…
this weeks still has to play out… a bunch of eco stuff still out there.
April 30th, 2008 at 3:10 pmBBD to the moon!!!!
April 30th, 2008 at 3:11 pmI was on the phone with my insurance company, and they said “The next operator will be with you shortly. PLEASE CONTINUE TO HOLD.” So I did! Yuk yuk!
April 30th, 2008 at 3:14 pmFly is there anything on FlyOnTheWall about BBD? It looks like a buyout move.
April 30th, 2008 at 3:15 pmDucati…You had me cracking up for 5 minutes…
WOW…BRAZIL people are fucking stupid…(being born in Brazil, I can say w/e the fuck I want). Brazilians banks are up at least 11% each… Bovespa alone is up 4% off the news.
April 30th, 2008 at 3:16 pmDucati:
I just booked obscene profits in CTRP, WB, HANS and a few others.
What did you do?
Go fuck yourself.
April 30th, 2008 at 3:16 pm“Quick alert: In light of the market reaction, I am taking profits on some names.”
SHOULD READ ” Quick Alert ” Due to my ass being lit in flames I am cutting my losses as fast as I can”
April 30th, 2008 at 3:17 pmBig Mike: What news on Brazil?
April 30th, 2008 at 3:19 pmDucati-please report for processing
April 30th, 2008 at 3:20 pmbehold, i am the fly’s trading style:
April 30th, 2008 at 3:22 pmGGB baby!!!
SAN FRANCISCO (MarketWatch) — Standard & Poor’s said Wednesday it raised its long-term foreign currency sovereign credit rating for Brazil to investment grade, to BBB- from BB+, on eased debt burdens and improved growth prospects. S&P also raised Brazil’s long-term local currency sovereign credit to BBB+ from BBB, and increased the country’s short-term foreign currency sovereign credit rating to A-3 from B and the short-term local currency rating to A-2 from A-3. The ratings outlook is stable. “The upgrades reflect the maturation of Brazil’s institutions and policy framework, as evidenced by the easing of fiscal and external debt burdens and improved trend growth prospects,” said Lisa Schineller, an S&P credit analyst, in a statement
April 30th, 2008 at 3:30 pmDuc:
What are the drivers, as you see them?
April 30th, 2008 at 3:31 pmCap:
Go shave a sheep.
April 30th, 2008 at 3:32 pmFly,
Do those obscene profits manage to offset your obscene losses?
What have I been doing, since you have so politely enquired…I have been observing your public self-flagellation as you jump from losing position to losing position.
This vividly demonstrates the total psychological breakdown of the much vaunted, sadly lacking, calculator brain.
The market, seemingly, has conditioned you, pavlovian dog-like, it will be interesting to see if you can salvage anything from this debacle.
jog
April 30th, 2008 at 3:33 pmgappingandyapping;
I am assuming that with the $ crashing once again, commodities play is still on…hence Brazil being a huge beneficiary out of it…
GFA up 16%, TAM up 13%, PDA up 12%, UBB up 11%, CBD up 11, ITU up 10%, BBD up 9%…Mind you, most of these are mega-cap firms…I’m getting whacked on EEV
April 30th, 2008 at 3:33 pmNo, Brazil was upgraded to investment grade or some shit like that… I don’t think it’s dollar related.
-DT
April 30th, 2008 at 3:35 pmIncourrect, yet again, Mr. Ducati.
You Sir are beneath a monster. You are a bagel eating giraffe, driving an ice cream truck, in the middle of a desert.
Good day.
Go back to your shithole aka blog.
April 30th, 2008 at 3:37 pmEWZ and EWT are the best emerging country ETFs right now, imo.
April 30th, 2008 at 3:41 pmFly,
I detect a struggle to respond with any wit, intelligence or even, the poor mans alternative, sarcasm.
The much ballyhooed calculator brain, is performing only a notch above junk bond status, watch, or it may default altogether.
jog
April 30th, 2008 at 3:41 pmI love the game resistance!
April 30th, 2008 at 3:43 pmNo need to have a discourse with you.
Indifference is a sharp spear.
Go haggle with Wood.
April 30th, 2008 at 3:43 pmSelling ice cream to people in the middle of a desert is a way to bank serious coin.
Just saying.
April 30th, 2008 at 3:44 pmBut giraffes do not have arms.
April 30th, 2008 at 3:45 pmRe: giraffes
April 30th, 2008 at 3:47 pmThey have 18″ tongues. Just thought I’d mention that factoid. Use that information with discretion.
Fly,
Now, now, no need to become petulant. The next thing, you’ll burst into tears, and set your mummy on me…
Wood, has raised his game, thus, I cannot find any criticisms.
jog
April 30th, 2008 at 3:47 pmHoly shit I’m enjoying this exchange between the Fly and Duc. LOL ……
April 30th, 2008 at 3:51 pmCan someone please explain to me the price action of this Satan’s spawn stock called MER. It does not move no matter what happens! Curse the day I left LEH for this stock. Lehman is all over the place like someone with a severe case of bipolar. Fuck you MER you have been trying to close above 50 for the past week, give it up you piece of crap.
By the way the Ducatti/Fly exchange is most amusing. Carry on.
April 30th, 2008 at 3:55 pmDucati:
I am sure a charlatan, such as yourself,can help fellow internet traders a great deal, no?
How much for your services, dear Sir?
May the proof be found in the pudding.
My pudding is this: Your are reading the poetry of a stock God. You errors will be revealed, shortly–as always.
April 30th, 2008 at 3:57 pmDucati has just been added to Dickipedia.
April 30th, 2008 at 4:00 pmFly…..
You’re back…..
I feel all fuzzy and warm, appreciated even.
I almost feel bad, tremendous pangs of guilt assail me as I type……the shame.
Oh well, off to breakfast
jog
April 30th, 2008 at 4:02 pmThe Las Vegas (actually Henderson,but no big diff) police recently ineffectively tasered and shot the hell out of a female immigrant type ice cream truck driver. Killed her by God dead…in front of her kids. If sh’da had a good attack giraffe or two, it might have turned out better.
April 30th, 2008 at 4:03 pm“You are a bagel eating giraffe, driving an ice cream truck, in the middle of a desert.” That is funny. Do you have a mad lib generator or something?
Duc - you are still the small minded tool you were a year ago. Why would you visit just to hurl insults? Have you nothing better to do? Please, go away you one comma eunuch.
April 30th, 2008 at 5:48 pm“one comma eunuch”
has to be the most unique insult I’ve seen today.
April 30th, 2008 at 7:55 pmit seems, to me, rather than try to get 20% of whatever short term move, it is more profitable (and takes bigger balls and conviction) to get 80% of the bigger move, ala ackman.
hear the clock ticking?
i do
April 30th, 2008 at 8:16 pm