Fine. Give it to me. It is a well deserved lashing, getting all ecstatic over ‘canes and oil rigs. Sometimes I can’t help myself. Anyone who is lucky enough to know me is aware of my obsessive/compulsive behavior towards hurricanes and how they affect oil rigs.
However, many of you gay people out there, who are short oil, didn’t expect the market to rip higher like this, did you?
See, you may have your little thesis, written down in a pink Hello-Kitty book, somewhere, that states: “when the economies of the world are weak, oil shall trade down.” I’m sure you kept that page bookmarked, and sprayed with bubble gum perfume, right? But, the market is not reflecting that.
Instead, we are trapped inside a stupid “Bernananke box,” where the destruction of inflation somehow means jobs will be created and people will buy Coach bags, ad nauseum.
Personally, I like oil men. I have lots of oil men as clients. They know how to throw a party, let me tell you.
The knee-jerk move here is to buy the oil dip. However, I never like to buy into this type of blood, while already underwater. Instead, I will direct new capital to my new trade: long [[SKF]] or Equinix, Inc. [[EQIX]] .
Also, just for fun, I’ve been buying [[FXP]] , which also gets me short PetroChina Company Limited (ADR) [[PTR]] and CNOOC Limited (ADR) [[CEO]] —making it an effective hedge against my egregious oil longs.
NOTE: There are more hurricanes coming. I promise.
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can you post some photos of the ladies you have at your “oil men” parties or are they just gay crush your beer can type affairs?
Buylo, I’m pretty sure he is saying this just to get in Sarah Palin’s panties.
WOODSHEDDER WINS AGAIN!!!
Fly what do you mean? last I heard Wood was going long SKF like that gold call a week ago. And Fly, do you really know Sarah?
He accurately said to short ARD, while I bought.
Fly, don’t be so hard on yourself … you were right about crude for a very long time, before the recent correction.
I know you’ve sworn yourself to no profanity until the Dow drops below 11,000, so I’ll say it for you … “FUCK!” There, don’t you feel better?
Only a brilliant man has the ability to admit a mistake to an army of followers.
How about this for admitting I am wrong to an army of ‘tards:
IKE IS COMING.
I’m gonna go buy me some more DIG, ya dig?
irrespective of oil, the banks are on a leaky sailboat in the amazon.
Check out VLO or TSO also, they got hammered today. Should be a win win, but today should have been also.
The Fly is God
“How about this for admitting I am wrong to an army of ‘tards”
Why soil your reputation more?
“I’m gonna go buy me some more DIG, ya dig?”
No I don’t dig. I “DUG”!
I LIKE IKE. Ike and Nixon for President (and VP). Bring back Howdy Doody and Buffalo Bob.
Call me silly but I don’t trust this post-Labor Day rally. Not much has changed for the intermediate term view (3 to 6 months). Pure market trickery I say, a relief post-holiday rally in a bear market.
Here’s the question I pose: if everything is so freakin’ great out there, why doesn’t the Dow break through 12,000 or even 11,800?
Another question: even if oil goes to 100, isn’t it possible we’re just going to be in a trading range of $100 to $120 per barrel for quite a while? We haven’t made any kind of serious switch off of oil yet (that will take years) so if demand destruction is so serious, doesn’t that mean all world economies will be going to hell in a handbasket shortly and that will be bad for stocks?
I have little appetite for playing whipsaw movements and am going to be mellow about my stocks and go sell some more books.
A vote for me , is a vote against the use of condoms for your teenage children!
Donny:
You fail to understand how “The Fly” thinks.
“The Fly” is into winning, especially when he is expected to lose.
Sort of like a guy coming off the mat to knock his opponent out.
That’s why you’re about to win, Fly, and a few months from now these first two weeks of September may be called the Woodshedder top.
You’re the master of the contrarian knockout punch.
Everybody says energy is down and out, starting to sound very crowded to me.
I don’t doubt the fury of the Wind God may descend upon us and our rigs… but the risk/reward of being right just ain’t there.
Does anyone honestly believe the turbaned ones will let this falling oil shit “fly”(no pun intended)?
Wow, could the Leftards really have fallen into the Rovian trap of attacking Little Miss Every Mom?
moo-hahahahahahahahaha!
_____
Mr Fly,
Could you provide some pointers on how to win while losing because I must be the biggest loser around, short banks, ibanks, and homebuilders. Getting assreamed once again by this gay “Gutsav is a pussy” rally.
George Costanza says: Buy DXO for the next cane. Canes are good for cheap oil/gas, no?
Wow, -10 so far for my last post. Let’s try this again.
The Fly is God, fuckfags!