Joined Nov 10, 2007
23,441 Blog Posts
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Pigs get slaughtered.
I like how he says the recession is going to get worse if we bail them out, then says the same shit if we don’t bail them out.
Hypocrite!!!!
The only way to help the patient,…..short more Fannie.
Sure I’m making money on it, might as well.
Ha….Ha….Ha
that was painful
Everything Jim said was spot on. You all are amateurs.
Amateurs? Could be, but either way I agree. No taxpayer help, profit from whatever it takes and Atlas shrugs.
(sorry, couldn’t resist)
Egregious.
This guy is my fucking hero.
“if you think this is because of short sellers…. you need to get a new job”
I just found a picture of Jim’s wife
http://i35.tinypic.com/1zztlpv.jpg
I love this guy.. “grab a balance sheet… and get somebody who can explainit to you…”
One word: p0wned!!!
just found a picture of Jim’s wife
Is that one of those Staten Island eyebrow wax jobs?
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I rather listen to him than listen to Bernanke, Paulson, and shit
“Bertha, you need to get a balance sheet, and get somebody to explain it to you…”
LOFL!!
Back to the “House & Garden” department, Bertha!
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Rogers is a facking genius, with a bowtie.
That bowtie fucker doesn’t even live in America anymore. How can he be trusted?
Lots of call option activity in UYG today.
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Shed, I trust his wife.
BTW — you see the new timber ETF?
No shit, it’s called “WOOD.”
Full disclosure: I’ve got WOOD.
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Robert Marcin
Rotation
7/16/2008 1:59 PM EDT
I have shifted some of my hedges today from domestic consumer/financial into the g-ice space. It feels as if this rotation may last a couple of days. The domestic consumer/financial space is very oversold and could have a decent bounce. I would reload on it.
At the same time, the g-ice space seem ready for some continued short term profit taking. That’s the reason for pressing my coal shorts.
I am still moderately net long, but have shifted my sector exposure around a bit. I am thinking about the next leg down after this relief rally. I am thinking it might be an “everything red fade” in which all stocks correct and even the anointed ones are not spared. No rotation, no place to hide.
I will give this rally another day or two. Then I will revisit the short side. I might be too negative in here and may have to change my stance. But, I still believe we have a capitulation phase that encompasses more than just the financials, ie “everything red” decline.
Mish on SEC short sale enforcement
mish fucking rules.
Bowtie guy makes 1 assumption: that 5 trillion is all lost. No one has said 100% of the mortgages are worthless. Let him stay in China and eat cheap Chinese food.
Marc Faber is much better at the gloom doom and boom stuff – he uses humor and his aim is simply to make money – Bowtie is very annoying.
Zen, you worthless cunt of a man, that bowtie guy, jim Rogers – used to be partners with G. Soros and founded Quantum. He’s a billionaire. He moved to commodities and went short financials in early 2003 – you know before you even knew what a bear market was. The guy has forgot more about trading than you will ever know. go make some stupid trade for 3 points when this guy is making 500%+ on his investments.
JR = Billionaire. Zen makes dumb posts on another dudes blog. hhmmm…
If the stock market is a voting machine. Yesterday it voted for Socialism. Today it is short selling Police.
Fucked up!! NO This makes Russian stocks look good. Do Da!!!
you all can quibble about the details, but he is 100% correct on his primary thesis:
irresponsible borrowers and lenders caused the current situation.
the people (both sides of the transaction) that took this excessive risk should suffer the consequences, not the american taxpayer.
it really is that simple.
let them all twist in the wind.
Rogers = genius. Kinda like a PG version of The Fly.
.
Cubs must be happy looking for a gap up in housing stocks.
At least the British Open is on TNT this AM and I don’t have to watch CNBC so if Charlie G. drops his pants on tV please let me know.
imo, this week will be last chance to get out. Bear will reassert itself Monday, in vicious fashion.
When will IBC make it to this list?
http://www.247wallst.com/2008/03/the-twenty-five.html
Hmmm, wonder if there were any shorts in my baby KBH 😛
Hey Fly,
Couple questions. Are you still bullish on Microvision? I’m neck deep and then some on that stock. Also, are you hearing anything on the Yahoo/Microsoft deal? I have a strong feeling that Softie is gonna accept the $33 sale offer tomorrow. The timing is perfect as their stock will probably get a boost, in addition to the recent 8% runup, from good earnings. If the wait their pps will most likely slump again once people realize that we really are in a bad recession and oil continues its march towards $200. TIA for any info.
Mark my words (or likely not), this bear killing rally in the most heavily shorted stocks, will pave the way for significant new lows, sooner than you can imagine.
The bulls need to regain SPX 1290 at least to take a crash off the table. Unlikely, imo.
juice-
couldnt agree more
a new entry on SKF is a gift from god
Couldnt resist looking – SKF fromm 200+ to 130s? WTF. Then a 10 pt bounce off the lows. Wow. Jake you must have cramps.
Funny, how my posts always attract the most negative karma.. like you are smarter than me or something.. Look you… I ‘m smarter than you..!!
AG to the moon Alice.
Indeed Minute Maid, your wisdom froths to the top. Assclowns will be learned that profits drive rallies. Short squeezes manufactured by Lex Luthor are not a substitute. To squeeze two hundred points on the dow, fuckface at the treasury is throwing out seventy years of regulatory tradition. You can shit on your reputation once, Lex. After that, people don’t let you in the house.
amen cal, amen
testify brother
i wonder how many people top-ticked the UYG today…
‘financials are great! hey you just lost 5% in 30 min!’
Jakey must be hiding in the closet with the rally monkey or else trying to find his head after SKF dropped it. Fly is slow to blog today too … unlike Jake, Fly is hedged but throwing cans of Red Bull at his trader/servant after selling half of his UYG …Ouch! But Fly will regroup and get it back in spades.
Employee 8 fuckoff, I’ve banked more coin in the last two weeks than your family will see for the next eight generations.
I’m sorry I had meetings all morning/early afternoon, or I’d have been here bitching and moaning. Unfortunately, I have employees to feed.
I am presently taking it in the shorts a bit on my Skiffles position, and certain bank shorts. But don’t think I’m not also hedged with key longs, and no, they are not oil rigging companies like those of your hero Fly (ass kissing ponce).
My largest position is GAIN, for example. Fucked, no? I also have a mondous position in AMGN. Again, you will continue to spit shine my shoes on command, you schadenfreuding ass-pauper.
Best to you and “fuck off,”
Jake, your new enemy.
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