Okay, no more fucking around with elections and shit. You fuckers need to hedge up and avoid murder holes. They’re all around us. Just when you thought the market was lifting off, BAM, in you go and off goes your head.
First thing this morning, I am getting my brain blown out in BE Aerospace, Inc. [[BEAV]] and American Vanguard Corp. [[AVD]] . The problem with AVD, as you know, is liquidity. I am stuck in this fucker, for good or for worse—sort of like being married with kids.
On the bright side, my hedges are working. Right here, I like [[REW]] , [[SDS]] , [[EEV]] , [[FXP]] and short Petrohawk Energy Corporation [[HK]] . Let it be known, I bought REW and FXP on the opening tick. While it’s true, the market will rally into Thanksgiving. It’s also true that stocks like Apple Inc. [[AAPL]] , Hewlett-Packard Company [[HPQ]] and Research In Motion Limited (USA) [[RIMM]] need to trade down a bit. Hence, I bought REW.
On the back of an Obama mandate, I want to sell oil/gas over and over and over. HK is the worst of them all, with a stock price grotesquely overvalued. Weigh into that fucker, as if it just burgalirized your house and urinated on top of your new car.
Finally, on the long side, I still like banks. As a result, I will not sell the rest of my [[UYG]] or Citigroup Inc. [[C]] . Instead, I will look to buy more on dips. And, I still think the homos at [[M]] go higher.
UPDATE: I bought 3,000 [[REW]] @ $96.04. And, I bought 2,000 [[FXP]] @ $78.10
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“Weigh into that fucker, as if it just burglarized your house and urinated on top of your new car.”
HA!!
The Fly is God.
Fly, thanks for the call on the gay Solars yesterday, paid off nicely today +10pts on FSLR short, will hold short on ENER to 20.
Bullshit, as soon as people realize that the Messiah will pay for their mortgages and lattes they will have nothing to worry about.
By the way this is thievery!!! Cunts.
Obama proposes matching 50% on the dollar for the first $1,000 of retirement-plan contributions for families earning less than $75,000 a year, to encourage savings.
Damn, I thought I wuz checking off “gO-BAMA”..what hapened??
That fucker has no mandate!
This is what mandate looks like:
http://www.270towin.com/1984_Election/
Donny,
Time to move on.
The marrage and kids I assume is for good….you can divorce the stock anytime….do it slowly with no liquidity….
Gee The FLY is buying inverse ETF’s and Hedging. Put your ass plugs in longs. If you fallow the FLY you better know your shit and be a very fast trader. Being just a dumb fuck I can only watch and enjoy his moves. Don’t get me wrong I do trade some of his picks but within the limits of my dumb self. And yes it isn’t all that easy.
Pro Trader:
Might I suggest you change your moniker to “Rookie Trader”?
Fly
BEAV(is) and butthead was a very gay pick, dude.
“sort of like being married with kids.”
Hope the couch is comfy!
The picture of Obama is priceless.
The comedic timing of this site is truly brilliant.
Some of the funniest shit on the intertubes.
I’m mostly cash. Biggest trade is long MRVL.
J
you’re a fucking liar.
Off to buy the Mrs. a gift.
Sold my SRS horribly this morning. Only made 2.4% from yesterday, missed another 4 point rise few minutes later.
ARGH!
I’m up 2% on the month now. Back to 96% cash. 4% short.
OK Rookie Trader is great. Since the Fly is the Pro Trader on this site I should be Rookie Trader. After all the Fly calling me some type of a trader is a plus. Fucker
CHK is the new black
CHK!
Anyone follow healthcare? What are the top generic drug makers?
here come the integrateds
CHK just exploding here.
Whatever happened to the Contanza trading?
We will rally until turkey day, god willing…or if UYM reaches 30, when I will make my timely escape…
FYI: Dougie Kass reads IBC:
“Our financial system nearly folded under the pressures of the ‘egregious’ use of debt at almost every economic level in the public and private sectors…”
On the back of an Obama mandate, I want to sell oil/gas over and over and over.
“CHK into cash,” mofo (+12%).
Who, btw, was the absolute dipshit last night saying CHK was going to get smoked today?
_______
Hey Fly, so now that you ant to sell oil and gas do you think NOV is a sell as well?
Okay, get out of those hedges now, Fly.
________
Hey Fly, so now that you want to sell oil and gas do you think NOV is a sell as well?
NOV is a purchase, with egregious prejudice, right now.
_____
Mr. Fly:
With over 1 million hits last month, why aren’t you as suckcessful [sic] as this guy says he is:
Wallstreetwindow is an online community of independent investors, analysts and newsletter writers helping each other succeed in today’s financial markets with over 80,000 opt-in email subscribers and 140,000 visitors and 350,000 page views a month.
Wallstreetwindow provides Mike Swanson’s WallStreetWindow Power Investor posts, members blogs, and aggregated article submissions from other websites and blogs across the internet in order to provide visitors with unique actionable investment ideas.
Can’t wait for the PPT Rollout. Will there be an all-network, 30-minute infomercial to promote the PPT?
HK = Hunter Killer.
DIE FLY DIE.
$24 or $14 ..?
hmmmm… game on.
Oops sorry about the double comment.
Hey Fly, I am mulling this one over. How do you like GPC as a short here?
We are right at the 200 Day MA, it is an auto parts provider. They did announce very nice earnings last quarter though.
I think a short is in order though.
GST off the CHK pop (CHK is a major holder).
ALL HAIL THE MESSIAH! I told you I would not have to work and he would pay my bills!!!!
http://www.bloomberg.com/apps/news?pid=20601087&sid=atIwYdsrtnio&refer=home
Gaps, interesting that CLNE is still getting cleaned here.
___________
NOV green.
_______
Tax the crap out of wall street transactions!
Rumor out about BP buying CHK.
Looking forward to all your tax audits next year.
Oh yeah, we know who you all are. Especially Jake.
Jake, I noticed the same thing, what’s up with CLNE tanking today if CHK is giving interviews that compressed natural gas is going to do well under Obama? Unless T.Boone Pickens is just raising cash by selling shares…
Sold out of all my NOV, except for 500 shares in my personal.
I’ll keep it until 2012.
From your mouth to God’s ears Peter Peter Pumpkin eater!
________
IRS Mofo — I gotta file ’em before you can audit ’em.
Heh.
_________
for the love of …anything, what will it take to make people give up on “egregious”?! It’s auto-caricaturing at this point. Thirty years from now whenever that word is read, people will think “that is sooo 2008 … what a stupid year that was, full of ridiculous people”. Like mauve and black in 1982 and avocado kitchens in the 70’s.
Jake I think they will take everything out on the energy producers, for we don’t need energy anymore. There is so much radiating from the messiah that we can harness all glory!
Long 4000 NOV.
Fo’evah.
____________
Boca — I wouldn’t trust that old windmill humper farther than I could throw him.
And I could likely throw him a pace.
__________
London,
Egregious is not even 30% “done” yet.
Think of it as the new “bloody.”
_______
Speaking of CHK, you have to imagine uncle Aubrey starts vomiting uncontrollably every time he looks at the stock quote.
Die EDU, you commie piece of scum.
Hey, at least we have a President who can talk english now.
If anyone is interested in CBL, your entry is now. Good luck.
‘Egregious Hell’ instead of “Bloody Hell” ….
I like it!
Fly,
What is this shit of banning people for expressing their opinions on these boards?
Control your employees, these extra tabbers are loose cannons, banning anyone who dares utter things they disagree with.
Nice communist touch to these boards, I must say.
BTW I doubt the IRS will be able to afford the cost of doing a lot of audits, they audit a really tiny percentage now and my guess is it won’t increase.
Tick:
I am lost. I have not been following the discussions. However, I will say, I am NOT one of democracy.
This site here is pure, 100%, unadulterated tyranny.
Never fuck with “The Fly.”
adding some small cap
VASC 9.80
HK to $11 and more!!!
Do I ever tell a lie?
uh, uhm…uh, uh, well, uhhhm, uh…
Thats what makes us so alike Fly…fool us once shame on us, foolus twice…we won’t get fooled again!
That picture of Obama smoking is very similar to the old photos of Humphrey Bogart.
small cap add
COIN 6.50
Hey, at least we have a President who can
talkspeak English now.Having majored in both, I’ll take Econ any day, especially in my President.
_________
FYI, filtered tobacco is for pussies. I roll my own.
Boomer speaks without forked tongue.
CBL at $8.50- 8.60 (dividend yield 17.3%) is a gift ovah heah.
They will raise before the year is out.
_____________
Purchasing more.
_________
Jake,
Pls slow down w/the CBL. I have a limit order in @ 8.50 and “somebody”
is keeping the stock levitated just above my sweet, sweet bid.
_________________________
“FYI, filtered tobacco is for pussies…”
Sir, and/or Madam, it is clear to me that you have no idea how to enjoy either.
The Fly: “Hey, at least we have a President who can talk English now.”
That was a nucular comment! You are insulting individuals capable of verbaly articulating a sentence of four words or less.
Jakegint: “Having majored in both, I’ll take Econ any day, especially in my President.”
Ah Jake! you are concerned the economy and the stock market will reverse the last 8 years of uptrend and go down.