Sunday, January 17, 2016

UNCLE WALLY SAYS BUYBUYBUY

Maybe Uncle Wally should say bye bye bye, but he won't. He'll be back on your screen soon, as the market breaks down into the road to hell. Just like 2008, you'll see the most amazing stick saves and record short squeezes with the market moving up into a counter trend frenzy with the sycophants chanting praise to the Oracle from Omaha for saving their stock investments. He's a little older and little more worn from his global jet-setting trying to help all of the "little people" become rich in the greatest stock market game ever! Even a cynical curmudgeon like myself finds himself stopping to watch the famous carnival barker shill for the bankers. How can you resists his warm, genuine, charms? After all he's RICH!




This time will be different. This time they won't let the market crash like the last two bear markets in 2000 and 2008. This time they won't let fear enter into the equation like 2008 when we began to find out that banks were levered 100:1 on subprime loans. This time we have taken important steps to prevent just such an occurrence. For instance this time we've levered up on student loans. We've levered up on sub-prime auto loans. We've levered up on shale oil drilling all over North America. We've levered up on Biotechnology. We've levered up on electric cars. We've levered up on Solar and Wind energy. But best of all......we are going to make sure that NO big bank has to show us any losses this time. This time we have already told the banks that "Mark to Fantasy" isn't even necessary.....just quietly keep it off your books. Tell your bankrupt clients just to start selling their pieces off to anyone that'll throw um a buck and you'll take any dime they give you. Great game ain't it? Just one problem folks......it ain't gonna work. Oh maybe for a quarter or two they will be able to stop the bleeding, but this is an age old game that never has worked, and the reason is simple. CONfidence. Once you lose the CONfidence game you can't put it back and they're losing it big time.

"You will not survive here, you are not a wolf. This is the land of wolves."


Those of you that want to play the big casino, be advised the time is running out fast. Enjoy the big move up coming soon. Remember in August when the market cracked and I had told you we had CONfirmed a new Primary Bear and I told you get ready for a big squeeze and we got three months of bliss with it looking like they just might make new highs and violate the Primary Bear call??? Remember? Well they didn't. This time they'll squeeze again and cast doubts on the Bear. Don't fall for it. Take some time out and reassess your preps.......whatever they are......Time is precious and I enjoy the reparte but this is not going to be funny much longer. At least we won't be able to pretend we're laughing much longer. gl








152 comments:

  1. During the past year, the stock market has dropped a Trillion dollars, that's a Trillion with a capital T, where did it go???

    Ya see, money is like energy, it is neither created nor destroyed, just transferred. Ok, that may be interpreted loosely but that trillion dollars just moved from this pile here all the way over to this pile over here, where did it go? These people used to have it, now These people have it. Hehehe.

    "It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."
    -Mark Twain

    Well ain't that the truth and the state of affairs today.

    https://www.youtube.com/watch?v=DyagVuinD2I

    You can see the gray hairs as the years progress. "There are three kinds of lies: lies, damned lies, and statistics." Unfortunately the statistics don't look good.


    -Old Hickory

    ReplyDelete
    Replies
    1. The multiplier effect works both ways up and down. Investors and pensions put a hundred billion, insiders take a hundred billion out. End of day what's a trillion among suckers. Buffet and the Hedgies minions are losing confidence in their leaders who are throwing en masses under the bear bus.

      Plus I have fallen behind on fresh preps, thanks for the reminder Kli.

      Delete
  2. More doom and gloom, same 'ol garbage you've been spewing for the last 8 years and been DEAD WRONG the entire time.

    Look at you trying to lie your way out of what happened in Aug. You and your fuching buddy Heavy-T were totally convinced the S was starting to HTF. Oh you were so happy and excited. And then you got your ass handed to you as the market rallied into year end. Only Kindle and myself called the move up, you kept calling for an Sept/Oct crash, complete with your worthless charts that you kept putting up every day. So don't tell us now that you called for a rally because you didn't, you lunatic, lying old fool.

    Hehehehehe......

    That's right Kliguy, your two disciples may think you can do wrong, but I never forget and always glad to expose your foolishness.

    Hehehehehe......

    ReplyDelete
    Replies
    1. Keep telling yourself that Snot's, keep telling yourself that.....

      http://www.zerohedge.com/news/2016-01-17/wells-fargo-bad-citi-worse

      "One wonders just how much of Gerspach's decision was dictated by the Fed's under the table suggestion to avoid mark to market in energy entirely, and thus to stop marking its loan book. To be sure, without knowing the total amount of reserves to oil are, one simply can't do any calculations on Citi's total energy book, even if the once already bailed out bank so eagerly provided the incremental addition to this reserve. As if that number is in any way helpful. Finally, we eagerly await for someone from the Dallas Fed to contact us and to comment on our article from yesterday that the "Dallas Fed Quietly Suspends Energy Mark-To-Market On Default Contagion Fears." Because with megabanks such as Citi refusing to disclose energy losses, the longer the Fed remains mute on just what it knows that nobody else does, the more concerned the market will be that the subprime crisis is quietly playing out under its nose all over again. But one thing is certain: the panic can begin in earnest when Janet Yellen says, at the next Fed press conference, that "energy is contained."

      I'll bet even Uncle Wally is a bit worried......

      "Stay in the System and Prosper" ain't that right Putz!

      Delete
    2. See Snot's it's all Good!

      http://www.zerohedge.com/news/2016-01-16/exclusive-dallas-fed-quietly-suspends-energy-mark-market-tells-banks-not-force-shale

      Delete
  3. Jim Sinclair's GOT (Get Out of the System)

    For your convenience, here is the GOTS check list:

    1. Your equities are held in certificate form or direct registration
    2. You have no Federal sponsored retirement funds such as 401K etc.
    3. You have no CDs and investments in bonds.
    4. You have modest money deposited among selected BRICs countries or BRIC protectorates like Singapore
    5. You store your own precious metals.
    6. You have no mortgage obligations.
    7. You keep cash on hand for 6 months expenses. That is cash, not plastic with credit open
    8. You have no consumer debt at all. Pay it down or off.

    9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green.
    10. You have a gas, diesel or electric car with high fuel mileage for the farm.
    11. You have a generator with large fuel capacity for the farm.

    12. 33 1/3% of your liquid net worth is in gold and silver or according to your preference.

    ReplyDelete
  4. Hehehehe Little MOAR Corporate Welfare.....

    http://www.breitbart.com/big-government/2016/01/16/obama-wants-4-billion-to-subsidize-silicon-valley-driverless-cars/

    ReplyDelete
    Replies
    1. Wonder how much they contributed to the Dem Party? A few million/4 billion is a nice return.

      Delete
  5. OH - I'd like to amend your comment at the top.

    It should have said "Money is constantly created(printed) and never destroyed."

    Gold on the other hand....

    ReplyDelete
    Replies
    1. Jay, I have to say I am jealous of the money you are making in this "market", I could never do it and I am like most investors, contrary to Jim Cramer's Mad Money followers, most people LOSE money in the "market", but that is how the casino is designed.

      On a side note, I think what Budfox is trying to say is this "market" is completely rigged and can go against you and your convictions even if you are right because this "market" in no longer based on fundamentals if it ever was and the rug can be pulled out from under you at any moment by the insiders. He who giveth taketh away, easy come easy go. Hehehe.

      I wouldn't advocate a strict gold standard like Ron Paul, but rather a basket of something to back it rather than a politburo controlling everything as it sees fit. That's why all fiat currencies have a life cycle.

      GL Jay

      -OH

      Delete
    2. OH: My recent gains have involved a LOT of luck and a LOT of risk. As I said in my post Friday, I was down $4500 at one point last week.

      Delete
    3. OH- Budfox is NOT trying to say the market is rigged....that is Kindle....Budfox is "STAY IN THE SYSTEM AND PROSPER" and he is serious....he's a troll and he makes me laugh.....because I really don't think he's a paid troll....but he does NOT think the market is completely rigged.....he's of the lowest order of human scum.....He's either selling his country out for loose change or he's doin' it out of his own idiocy.....

      Delete
    4. Well it is rigged you know.... hehehehehe

      Delete
    5. The red pill and its opposite, the blue pill, are popular culture symbols representing the choice between embracing the sometimes painful truth of reality (red pill) and the blissful ignorance of illusion (blue pill).

      "This is your last chance. After this, there is no turning back. You take the blue pill—the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill—you stay in Wonderland, and I show you how deep the rabbit hole goes. Remember: all I'm offering is the truth. Nothing more."

      I think I took the wrong pill hehehe.

      -OH

      Delete
    6. I alternate days.......reds on even and blue on odd

      Delete
    7. Blue Pill on Golf Day's I presume hehehehe

      Delete
  6. Watching CNBS and Lie'sman is doing his best to sell the proles on why we're not "really" in a "Recession" too funny......

    ReplyDelete
    Replies
    1. heard several of their "soothing experts" discussing how we have a CORRECTION in markets and we could even possibly enter into a BEAR market. They said we have a 10% correction......and THESE CHEESY BASTARDS are ONLY talking about these two weeks like THAT is the metric......NOT the beating we took last year......BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

      Delete
    2. "soothing experts" yes a very appropriate title these day's, in the segment prior they were interviewing some tool that was recommending Apple & Twitter as a buy, didn't catch the name but it could have been Snot's... hahahaha

      Delete
    3. BUT, SNOT is completely on the sideline. That is his version of staying in the system and prospering. In the same post though he is staying with that inverse GOLD ETF - which is his definition of the SIDELINES.

      So it is clear SNOT is RETRO trading. I'm betting SNOT is a Hillary supporter - the truth is out there somewhere, but it is not part of SNOT's portfolio.

      Hehe Haha BWAAAAAAAAAAAAAA

      Delete
    4. Tom: I just started following Cramer on Twitter. He said the market will shoot skyward with ANY good news.

      They are in flow blown pump mode. This reminds me so much of 2008. As KLI says "BUY BUY BUY!!!"

      Delete
    5. Jay at some point in the near future we will get a nice squeeze....I will wait and see at what point they pull the bear trap to decide just how high they can take it. Don't be short until we see them push this much higher.....on the other hand selective stocks like NFLX/ and Crapple will be very tempting

      Delete
    6. I agree with you KLI. Sometime this week, we will very likely see a short squeeze and I'm ready for it. They will probably do it overnight so all the sucker shorts are trapped the next morning. That's what they like to do... Round up the shorts and slaughter them all at once.

      Delete
  7. Just think if you had hit this one on their bull trap at 700 ....top 5 pig

    http://stockcharts.com/h-sc/ui?s=AMZN&p=W&yr=3&mn=0&dy=0&id=p75730301069&a=436932508&listNum=1

    ReplyDelete
    Replies
    1. AMZN earnings are next Thursday after the bell. I'm wondering if they'll take it to 525.... Then "beat" earnings on the 28th and the Cramers of the world can say "The market is saved! BUY BUY BUY!"

      Delete
    2. watch for AMZN's next squeeze to set a bull trap to short it.....be patient and pick your spots...PATIENCE

      Delete
    3. In a crisis, it helps to have good counsel. Consider the following sage advice from investment strategist Mike Tyson:

      “Everyone has a plan ‘til they get punched in the mouth.”
      Or as German military strategist Helmuth von Moltke the Elder put it, somewhat more formally:

      “No battle plan ever survives contact with the enemy.”

      Delete
    4. This crack's me up every time I see it......

      “Everyone has a plan ‘til they get punched in the mouth.”

      Considering who said it and how high pitched his voice is, Doesn't match his look hehehehe

      Delete
  8. Glenn Fry passed, I'm bummed......

    ReplyDelete
    Replies
    1. Sure is, many a good times listening to the Eagles, I'm getting old man.......

      https://www.youtube.com/watch?v=FhH3mRkKDX8

      Delete
    2. And yet another reminder of the short time we have here and why all these shenanigans make it that much worse. That is too young. RIP.

      -OH

      Delete
    3. Yup Him & Bowie to young.... Suck's that the good one's go too soon and the likes of Soro's, Cheney & Uncle Idiot stay around to torture humanity....

      Delete
  9. What "Pill" does one need to take to digest the following?

    http://www.nydailynews.com/entertainment/movies/chris-rock-drop-oscars-host-article-1.2500532

    Hehehehe We've gone Insane!!!!!

    ReplyDelete
  10. Double bottom Break down....

    sheeps

    ReplyDelete
  11. Mr. KLI, What's the best way to store gold? I'm a typical middle class guy that has a couple kids.

    Should I buy a safety deposit box? Safe? Bury it in the back yard?

    i want to keep my wife and kids safe if this is truly the end.

    ReplyDelete
    Replies
    1. No typical middle class guy owns any gold so don't worry about it....

      Delete
    2. If you're expecting armageddon you're probably better off with silver as it comes in denominations small enough to actually do business with. I wouldn't even worry about it unless you're already stocked on canned/dehydrated food, water / filtration, maybe a kelly kettle, etc. If you're worrying about precious metals with only a week's worth of food in the house you're speculating, not "prepping".

      All that said, the best theft deterrent is to live as poor a lifestyle as everyone around you. In some hypothetical worst-case scenario don't touch that hypothetical metal unless it's life or death as once you start throwing gold/silver around it's probably time to pick up and move. More reasonable barter goods would include things like cigarettes / liquor / coffee. There's a reason damn near everyone with a business license sells these things. Precious metals are more about protection of wealth than protection of life, order your priorities accordingly.

      -Morla

      Delete
  12. Cramer is on the TV and is not worrying about a recession, just a slow down.... hehehehehe Wow he's pumping Delta Airlines now hahahahaha

    ReplyDelete
    Replies
    1. I generally don't listen/watch CNBS however just happened to tune in for the past two day's.... These folks are just plain asinine in some of their commentary and delusional in others...... BAWAAAAAAAAAAAAAA

      Delete
    2. cramer is a genius just like skippy

      https://www.youtube.com/watch?v=-6u1kG7yuy4

      Delete
  13. http://www.zerohedge.com/news/2016-01-18/us-government-has-long-used-propaganda-against-american-people

    ReplyDelete
  14. http://stockcharts.com/h-sc/ui?s=AMZN&p=D&yr=0&mn=6&dy=0&id=p00500100369&a=441504931&listNum=1

    ReplyDelete
  15. There is NO price discovery. There is a market with evaporating liquidity. There is a market that needs a Fed announcement of QE. This is a market that NEEDS blood in the streets so be careful buying these dips because the "Big Squeeze Coming" meme may wind up being the "Big Dump" instead. THEN we will be given another Fed intervention WORLDwide.

    ReplyDelete
  16. This comment has been removed by the author.

    ReplyDelete
  17. I just followed KLI's advice and bought some CMG puts. Wish me luck!!!

    CMG FEB 19 2016 465.00 P - 01:11:01
    Bought to Open 2c @ $26.89 - Total: $5,387.50

    ReplyDelete
    Replies
    1. You can with your money.......I'd sit on the sidelines BUT here's a chart...just because its a bloated pig doesn't mean they can't raise it a lil more but its tempting for sure....

      http://stockcharts.com/h-sc/ui?s=CMG&p=W&yr=3&mn=0&dy=0&id=p75730301069&a=423111808&listNum=1

      Delete
    2. KLI: You've been on a hot streak lately. I think I can make some money on this one.

      Even if I just play a day trade.

      Delete
    3. Yes you can but just be aware it has already been slaughtered.....and take your profit early

      Delete
  18. GORO...Sub 1 ....sluuuuuuuuuuuuuuurp

    ReplyDelete
  19. CMG just went way up!! I want a refund KLI!!

    ReplyDelete
  20. A refund? Hahahaha

    "You've got to know when to hold 'em
    Know when to fold 'em
    Know when to walk away
    And know when to run
    You never count your money
    When you're sittin' at the table
    There'll be time enough for counting
    When the dealin's done"

    ReplyDelete
  21. Specifically Jay, know when to walk away......

    ReplyDelete
  22. I have faith in KLI. CMG must go down!!

    I need 162 by days end to sell my puts. I already got the limit order put in.

    ReplyDelete
  23. OK KLI, I have some good news. Aside from the CMG puts, I also have even more puts on IBM... and IBM is tanking after earnings.

    Tomorrow morning, I'll probably be in the green regardless of what CMG does overnight.

    ReplyDelete
    Replies
    1. Then you may want to look at this pig tomorrow.....watch its action if it punches up through 115 in AM.......smells like POOOOOOOOOOOOOOOOOO

      http://stockcharts.com/h-sc/ui?s=NFLX&p=D&yr=0&mn=7&dy=0&id=p60785075802&a=441563914&listNum=1

      Delete
  24. Futures are blood red.... These CMG puts might make me some money after all.

    ReplyDelete
  25. Kli wheres the troll today I love this guy's BS he's the funniest tool yet

    ReplyDelete
  26. This is only the beginning The collapse will happen in March....

    "Collapse" as in the greatest collapse the markets have ever seen. The tulip bubble wasn't global, the Tea bubble wasn't global. The dollar collapse will take every asset with it.

    Markets will trade down for the next few weeks with rips here and there that get sold. Then in early/mid March the DJ will be at 15k and the great collapse will happen. It will happen on the first day of trading, a Monday unless there is a holiday and three day weekend.

    20% down that day, 20% down the next day, trading will be halted, then the following weeks 10% more. Then the dollar will be "revalued", gold will double in price. Everyone will see the Great Depression 2.0 approaching, but it won't stop there, because this is GLOBAL.

    Heading into summer all fiat will fail. All asset prices will go to zero versus fiat currency, as fiat will hyperinflate. Gold will be worth $10k, then $20k, then $50k....

    Linda Green land deeds will confuse everyone as there will be no authority for who owns what. People will be selling there house for peabuts, maybe a few silver coins if they got lucky to be near a water source. Governments will put troops in the streets but the troops won't be paid in anything with value and they will walk away.

    So that's it. Good luck trading!second inning and this really gets going in a couple of months

    ReplyDelete
  27. You guys looking at futures?!


    Data as of 12:08am ET
    Dow -262.00 / -1.65%
    Level 15,651.00


    Tomorrow going to be fun!!!!

    ReplyDelete
  28. Hehehehehe....in Kli you trust, is that right Jay?

    Short CMG and short NFLX, go ahead and short those "steaming piles of chit"!

    Hehehehehe....

    Remember Jay, any advice from Kli comes with a disclaimer. He's not responsible if you go bankrupt. Hehehehehe.....

    Jay, too much uncertainty in these markets right now. I'm sitting on the sidelines, you should do the same. Wait for a tradeable bottom to form, we'll probably get one in 2-3 weeks once the selling is exhausted.

    ReplyDelete
  29. Correct Old Hickory. Anyone with half a brain knows the markets are rigged. All of them. Stocks, bonds, metals, oil, other commodities, FX, everything. So what does one do? You can unplug from the matrix and live off the grid. I believe Red is doing something very close to that. The rest of us are in this system, one way or another. Poor dumbfuk Tom thinks because of his $10,000 gold and silver portfolio, he's not in the system. No, you are right in it, it's just that you're too stupid to realize instead of being in the rigged metals market the last 8 years, you should've been in the rigged stock market and made some $$. The metals have been in a bear market since 2011 and will be going lower. There's no scenario in which your "heavy" portfolio can benefit you in any shape or form, so you fucked up big time by listening to Kli.

    Me, I tripled my portfolio since 2008. I paid down all my debt and have a small amount left on my mortgage which I could pay off tomorrow if I wanted. I have almost $100,000 in cash sitting in a couple of credit union accounts, enough to cover 3 years worth of expenses. I have 6 months of freeze dried food and all the other preps. I've used some of my profits over the years to acquire a number of firearms in several different calibers and plenty of ammo.

    So you see Tom and Kli, I have prospered greatly by participating in the system and I will continue to prosper. If your doom scenarios come true (they won't), I will do just fine. So either way, I win.

    Hehehehehe......hehehehehe......

    ReplyDelete
    Replies
    1. You da best skippy....star of the field.......STAY IN THE SYSTEM AND PROSPER!!!!!!!!!!!!!!! hehehehehehe

      Delete
    2. BTW Skippy hows that DGLD WURKIN for ya this mornin'

      Delete
    3. Well, hope you have rocket launchers for when they come for you with the tanks. I think I'll stick with my crossbow. Silent and reusable ammo. BaWaaaaaaaa!!!

      Delete
    4. Good for you Budfox, you are a better investor/gambler than I. I have been lucky, made good decisions, lived within my means, worked hard my entire life, make a decent wage and have no where near the wealth you have accumulated, but I am STILL trying to get ahead. But it seems I fall further and further behind no matter how hard I work.

      What's wrong with this picture?

      Do we need to be better sheep and follow our MASTERS because they
      hold all the cards and know what's best for the well cared for slaves? Privatize the gains socialize the losses and ridicule anyone who steps out of line? Seems downright evil to me.

      Like I said, after everyone has gone thru fucking my hard earned wages, I have enough to gas my car up, buy groceries, pay rent, and have some discretionary left over to do as I please in the matrix. Yippee. That's progress.

      I am not here to compare who has the bigger dick and who has made more money in the market. I respect Kli for the information he posts, hearing who made more money in the "market" is pure nonsense because it boils down to "The eCONomy is what it is for you" period. The older you get the more you realize we have a limited time on this planet, which is unfortunately run by some sick, sick people.

      I really hate to see where we are in 20 years due to all this but enjoy your gains. GL.

      -Old Hickory

      Delete
  30. Damn Snot's,

    You have to be the most insecure person on the internet, you must have been knocked around in school and had your lunch money stolen. Do you really think anyone is impressed with your dribble look at me, look at me "I have almost $100,000 in cash sitting in a couple of credit union accounts, enough to cover 3 years worth of expenses." Wow.... You do realize that many of those that read this blog that's just pocket change... hehehe You're a sad little man, really you are...... Oh and why the freeze dried food and all the "other prep's" hehehehe like you know what that would be if "All is Well" Oh and yes genius do brag about the number of Fire Arms & Ammo you've "collected" on a public blog, damn your such a idiot..... However I doubt you have any of what you claim.......

    "I've used some of my profits over the years to acquire a number of firearms in several different calibers and plenty of ammo." Too foching funny......


    Watta Putz

    ReplyDelete
    Replies
    1. wow T.....I went back and read his post....hellz bellz Snotlicker IS A PREPPER NOW??? Holy CHIT!! Waz thiz world comin' to? heheheheheh.....market turns a "lil rough" and Snotlcker goes all doomy on us.....

      Delete
    2. I recall a while back the ole Snots'ter was poking fun at all the Prepper's and now he claims to be one? Hehehehe He's ready now......."I have 6 months of freeze dried food and all the other preps." I love "all the other Prep's" especially, I guess Snot's considers a pair of pliers and a screwdriver "other prep's" BAWAAAAAAAAAAAAAAAA

      Delete
    3. what's this world comin' to......Who'da thunk it.....Snot's a prepper....Wall I'll be damnnned

      Delete
  31. btw how can one "I paid down all my debt and have a small amount left on my mortgage which I could pay off tomorrow if I wanted." Last I looked a Mortgage is debt?????

    ReplyDelete
    Replies
    1. yeah but he "can pay it off tomorrow if he wants" heheheheheheh.....after all how much could that 400 sq ft "condo" cost? BWAAAAAAAAAAAAAAAAAAAAAAAA.. Skippy's gettin' a lil nervous aint he????

      Delete
    2. I didn't know they had "Condo's" in the Trailer Park, must be "Upscale"....

      Delete
  32. Crapple......"Skippy's big "BUY AND HOLD" at 130 hmmmmmmmm... RIP Richard Russell boy oh boy skippy that karma is a biatch

    http://stockcharts.com/h-sc/ui?s=AAPL&p=W&yr=3&mn=0&dy=0&id=p92945743851&a=441641713&listNum=1

    ReplyDelete
  33. Poking the Bear is never a wise move.......

    http://www.zerohedge.com/news/2016-01-20/russian-embassy-afghanistan-bombed-casualties-unknown

    ReplyDelete
  34. Cramer now on CNBS almost crying to Kiernan about the Fed rate hike. Kiernan now saying they will have to go negative.......ITS ALL GOOD SKIPPY!!....you really have no idea do you skippy....you think these guys are here to take care of you dontcha? Hehehehehehe...they use lil people like you skippy for snacks......BWAAAAAAAAAAAAAAAAAAAAAAA

    ReplyDelete
  35. Cramer in full meltdown mode today...Blaming everyone for the drop in markets and saying that Dalio shouldn't have used the word "Depression" in his earlier interview on Squawkbox today.....hahahahhaahhaaha whatta tard cramer is.....he's mentioned the word Depression over 10 times in his tirade and saying at the same time it shouldn't be used......BWAAAAAAAAAAAAAAAAAAAAA.... talk about nutjob.......hell I think he just might be Budfox.....ehhehehehehee

    ReplyDelete
  36. OH Man that is a nasty thing to say about Kramer: "hell I think he just might be Budfox...." BWAAAAAAAAAAAAAA

    ReplyDelete
    Replies
    1. wait'll cramer is on top of the desk screaming and kicking and crying the "Fed did it"......heheheheheh

      Delete
  37. KLI: sold my CMG puts for $600 profit.

    Now working on the IBM puts. :)

    ReplyDelete
    Replies
    1. good...I just don't like CMG here in near term as a short (that risk vs reward thang) but what the heck its had a little run up and it may just go straight ta hell too........itsa tick....

      Delete
  38. ok. You guys got my interest level up. I need to turn on the CNBC comedy channel.

    ReplyDelete
  39. KLI: Joking aside, how long before the Fed will announce some emergency measures?

    Could they bring back QE?

    ReplyDelete
    Replies
    1. dunno.....but this is being ushered in PURPOSELY and ONE of the reasons is to bring in QE.....The meme will be the economy was GROWING and DOING WELL with QE and we will have to bring it back

      Delete
    2. "this is being ushered in" I am referring to this takedown of the markets..." ALL planned" THEY TOLD YOU THEY WERE GONNA DO IT OVER A YEAR AGO......and they are

      Delete
  40. DGLD

    83.78 Down 3.22 (3.70%) 10:01AM EST - Nasdaq Real Time Price

    ReplyDelete
  41. Nice Jay a $600 profit on a $6k investment hehehehe almost as good as Snot's $750 profit on a $35k investment and the rest of it still languishing but he's on the sidelines..... Hehehehe

    I'll bet its making him nutz!

    Cause he is nutz & a Putz

    ReplyDelete
  42. NFLX crashing.......boy o boy.....watta short that woulda been in the AH at 115......

    ReplyDelete
  43. Where is the goofy troll today. Up 27 yesterday now down 400. This guy is a riot

    ReplyDelete
  44. could see the wash out today.......gotta break 1820 and slide hard...then they can push it up (for awhile)

    ReplyDelete
  45. Tom: actually I sold the CMG puts a little early.... Now it's really tanking.

    At the current price I would have added $2000 to the $600.

    But I got jittery cuz KLI said take profits quickly

    ReplyDelete
    Replies
    1. Ok... Never mind... CMG just shot up while I was typing that last message.

      I'm back to "glad I sold" mode :)

      Delete
  46. KLI: you shoulda played NFLX....

    That was the most epic long slaughter I've seen in years. Lol

    I can just imagine holding some shares after earnings yesterday going yippee yippee! Then seeing what's happening today. Whatta game this is. Lol

    ReplyDelete
  47. KLI: what is the next support level after 1820?

    ReplyDelete
    Replies
    1. They are testing 1820 right now!!!

      Delete
    2. nice "panic" day setting up??....hmmmmmm unfortunately not yet

      Delete
    3. 1820 broke through! See ya at 1748

      Delete
    4. not right away they may try to paint a double bottom at 1820

      Delete
  48. With the market down 500 and oil 26 the Fast Money "Experts" begging everyone to stay in the market but saying at the same tiime there is no panic in the market and the selling is steady liquidation and no "woosh" in site yet.....so WATCH OUT BIATCHEZ

    ReplyDelete
  49. Can't follow the action, on the Car Lot today, hahahaha gonna be worse then 2008 and Cramers gonna blow a fuse... Hehehehe

    ReplyDelete
  50. reminds me of 2016.....all manufactured and all CONtrolled demolition....wunder what gdxj calls look like

    ReplyDelete
    Replies
    1. How can you say that this crash is "controlled?" This is totally unexpected!!

      Delete
  51. DGLD - Jan 20 12:28 PM EST
    82.50 Price decrease 4.59 (5.27%)

    Ouch. I wonder if Buddfox is still holding.

    ReplyDelete
  52. I think that Anon was being sarcastic.... You would have to be a dummy not to see this coming!

    ReplyDelete
  53. I know everyone here hates Goldman Sachs.

    But they just crushed earnings and are getting beat up today.

    I'm thinking about picking up some calls for an end of day rally.

    ReplyDelete
    Replies
    1. not that bad of an idea but its your paper

      Delete
    2. Done:

      GS FEB 19 2016 155.00 C - 02:11:30
      Bought to Open 4c @ $5.15 - Total: $2,072.00
      GS FEB 19 2016 155.00 C - 02:11:30
      Bought to Open 3c @ $5.15 - Total: $1,548.75

      Delete
    3. Sold da GS calls:

      GS FEB 19 2016 155.00 C - 03:16:18
      Sold to Close 7c @ $6.00 - Total: $4,184.17


      Profit = $595

      Delete
    4. gl and I smell paper MONEY comin'.......:-)

      Delete
    5. GREAT MOVE AGAIN Jay.......BRAVO

      Delete
  54. KLI: I'm at work now and cannot watch CNBC. What's the word there? Are they still in full blown pump mode or are they calling this a bear?

    ReplyDelete
    Replies
    1. Most are now crying and holding hands thanking the ponzi gods for the reversal....on a serious note they're asking stupid questions like "WHY did the market turn at 1PM after being down over 550 pts?" hehehhehehehe....Well dipchits try the easy answer.....TOO MANY BEARS LOADED UP and the masters of the universe like bear meat....hehehheheheheh

      Delete
    2. lol. Can you imagine the shorts trying to cover? Squeeeeeeeeeeeeeeeeeeeeeze!!!!!!!

      Delete
    3. most of the shorts that hadn't covered are the dumb money longs that bot protection.......now they're doubled dogged foched......they gottum comin' and goin'.......stay tuned if they don't get this squeeze goin the Bears will have the last laugh tomorrow....

      Delete
    4. lousy close for the bulls if they don't get this goin fast.....otherwise it is just another bear trap short term squeeze to shake out the dumb money shorts.......take heed butt.....don't jump on the long bus quite yet.....

      Delete
    5. Now they are taking the market back down. Morning: take out all the stop orders Mid day: Squeeze the shyt out of any shorts that hopped on the bandwagon End of day: take the market back down - clean the slate entirely of all the suckers!

      Delete
  55. BEAR TRAP!!! 1820 breakdown and ouila!!! UP UP AND AWAY.....hehhehe.....THAT is how you trap a greedy bear....hehehe..oh and better yet...Buttfox aka snotrocket aka skippy will sooon return to the blog and shout "ALL is good" and "STAY in the system and prosper!!!!!!!....hehhehehhee.....until the Primary Bear has enuff suckers reloaded to slaughter on the downside. THIS is a Primary Bear and the BEAR of all Bears.....gl

    ReplyDelete
  56. Held my IBM puts overnight.

    I wanted $116 today and lowest it got was $118

    I'm patient. As KLI says "THIS is a Primary Bear and the BEAR of all Bears"

    ReplyDelete
    Replies
    1. I don't have a time decay to be right.......:-)

      Delete
  57. this is wave 3 of the first wave down and may NOT be over yet....my guess is not until a new low below 1820 is confirmed.....so be prepared for it near term

    ReplyDelete
    Replies
    1. KLI: Could you please post a SPX chart with resistance and support levels?

      Delete
    2. http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=2&mn=5&dy=0&id=p42430165330&a=441717522&listNum=1

      Delete
    3. KLI: I just added some arrows to your chart:

      http://i.imgur.com/kwMarfF.jpg

      It seems like 1820 is a massive support level and they will defend it at any cost.

      Delete
    4. I don't think so Jay. I think they will only use it as technical strength as they dump their shares on the suckers and steal the short bus tickets to freedom....then they'll rip it down through 1820 like a knife through butter......the question is WHEN not IF

      Delete
  58. Could this be Snot's Uncle?

    http://www.zerohedge.com/news/2016-01-20/harry-reid-urges-calm-despite-stock-market-drop

    ReplyDelete
    Replies
    1. could be Tom but doubt it...skippy sent me a pic of himself with his prepper weapons and I must say he is prepared now

      https://www.google.com/search?q=pics+of+funny+fat+guys&espv=2&biw=1467&bih=909&tbm=isch&tbo=u&source=univ&sa=X&ved=0ahUKEwjEi7u_ubnKAhXC2SYKHV28CNgQsAQIGw#imgrc=EwvPANCC9RH4mM%3A

      Delete
    2. man KLI: You were supposed to add NSFW to that link!!!

      If I pulled that up and one of my co-workers saw it.... the rumors at work would be never ending!

      Delete
    3. I think your right there Kli, there is various weapons of different calibers.... Hehehehe Posing in the Trailer Park! What do you think his mortgage is on that sweet pad of his....

      Delete
  59. Darn.... Futures way way up.... Why o why didn't I sell the IBM puts?!?

    Greed got the best of me. Now I'm going to pay dearly for it.

    ReplyDelete
    Replies
    1. maybe.......that wasn't a pretty close today

      Delete
    2. Never mind..futures just went red!

      Delete
    3. Message from the universe to take your winnings out of the casino and start prepping. The whipsaws will slowly make you question your judgement and mistakes get bigger and more frequent.

      Delete
    4. Futures went from up 134 To down 69 in less than 2 hours. Must be bear season :)

      Delete
  60. OH,

    Saw you comment above, you're not into comparing? I hear Snot's likes the "circle" watta jerk! hehehe

    We sure are being Governed by sick, sick folks that's for sure and they're all kibitzing over in Davos at the moment!!!

    ReplyDelete
    Replies
    1. You got it Tom. Look at that fat fk Chris Christie. The guy wants to run other people's lives and tell them what they can and can't do but he can't even be trusted with his own stomach!

      Makes ME sick. We are truly living in some strange times, or maybe it's always been like this but it's more out in the open. Whatta planet.

      -OH

      Delete
  61. KLI: the market looks tired today.... Watch for a wicked downturn by day's end.

    ReplyDelete
  62. Hahaha. All you doomers are getting trounced today! That's what you get for shorting this market!!

    ReplyDelete
    Replies
    1. sorry skippy ......not short today .better troll your other blog maybe they are .....heheheheheeh.....BUY EXPEDIA BUY INTEL BUYBUYBUY

      Delete
  63. Me neither, Snot's.... Hehehehe not even with your money!

    ReplyDelete
  64. Snot - well my RWM is not making me rich, but above my entry price.... I don't give a foch if the market goes up or down as long as it moves. I love the volatility..... Hehehehe

    ReplyDelete
    Replies
    1. ProShares Short Russell2000 (RWM) -NYSEArca

      70.02 Down 0.18 (0.26%) 1:53PM EST - Nasdaq Real Time Price

      How do you play this ETF Inlet? I've never messed with this one. Do you just scalp it several times a day?

      Delete
    2. It trades in a 2-3% range. Short cycle 2-3 days (half cycle 1-1 1/2 days). I have been posting short term cycle charts on my blog: http://www.swingcycles.blogspot.com/

      I bought around 3:30ish before the close yesterday and sold today for a 1.5% gain. Generally, you can do this 1-2 times a week (make 2-3% a week). I also have been posting a SPY chart for those who want to switch between the two....

      Delete
  65. CNBC must be jolly on steroids today. Cramer can finally say, "See, this was the bounce I was talking about!"

    ReplyDelete
  66. Things are coming back down now. KLI: Do you think they'll slaughter the bulls during the last hour?

    ReplyDelete
  67. hehehe. Cramer just tweeted this...

    Remember — The market might be up today, but US stocks are still expensive vs. other countries
    @JimCramer

    ReplyDelete
  68. Well... I had a bad day. IBM puts went down $1000 :(

    Holding overnight.

    ReplyDelete