Bulls Going Back to the Well

The same old names are running, with a marked exception to the dastardly bastards from [[POT]].

Going over my daily screens, I see the old infrastructure/energy complex is booking higher, while financials lag. There are sizable gains in [[PCR]], [[CNH]], [[FLR]], [[FWLT]], [[URS]], [[ACM]], [[MDR]], [[GLBL]], [[NOV]], [[EAC]], [[CCJ]], [[ENER]], [[CSIQ]], [[FTI]], while weakness persists in [[DSL]], [[FIG]], [[RDN]], [[CCRT]], [[FED]], [[MS]] and [[UBS]].

Also, it’s worth noting the calamitous decline in refiners, namely [[VLO]], [[TSO]], [[HOC]], [[DK]], [[WNR]], [[SUN]] and [[ALJ]]. Being long the intergrators, like [[XOM]], [[SLB]] and [[COP]], and short the refiners, has been a great trade and will probably continue to work.

Select Chinese fuckery stocks are bouncing, namely [[CTDC]], [[MR]], [[CHU]], [[CHA]], [[CN]] and [[SOHU]]. Keep an eye on [[JADE]] for a possible lotto winner.

Latin American cell phone player, [[NIHD]], is poppin, while [[CTSH]], [[OSTK]], [[NTES]], [[CLWR]] and [[TKC]] eat dirt.

Within the food and beverage space, the big beverage giants look good, namely [[KO]] and [[PEP]]. In addition, with [[HANS]] getting its balls boxed off, I sort of like the valuation. However, I would not go all in. Just a nibble.

New issue [[DPS]] will probably kick ass. And, fake butter (Symbol) and health nut company, [[SMBL]], looks like it wants to trade higher. I’d wait for a pullback.

Some stupid bagel maker, [[BAGL]], is surging on good earnings. But, it will not last. And, [[BRL]] is having its guts ripped out and roasted.

Let’s not forget the daily metal surge in [[CLF]], [[X], [[ROCK]], [[BHP]] and [[PKX]]. Regrettably, [[SWC]] looks decent, down at these levels.

That pretty much sums up todays trade.

I bought 2,000 [[IOC]] @ $27.45.

Disclaimer: If you buy IOC because of this post, your herb garden will be eaten by a hungry swarm of locusts. And, you may lose money.

I sold short 2,000 [[MER]] @ $47.65.

UPDATE: I shorted another 2,000 @ $48

Disclaimer: If you sell short MER because of this post, the Italian mafia will throw meatballs at your house. And, you may lose money.

I sold 5,000 [[FFIV]] @ $26.75 and 4,000 [[NTAP]] @ $25.80.

By the time this whole credit debacle is finished, many small to mid sized banks will be “zeroed out,” or close to it. You know I believe [[FED]], [[WM]] and [[DSL]] will be worthless, inside of 12 months.

I’m adding [[FHN]] to my death spiral list. And, don’t forget about [[CORS]]. I really don’t see how they can make it.

Do your own research.

As you can see, the stock Gods are blessing “The Fly” with bountiful gains in [[NOV]], [[SKF]], short [[LEH]] and short [[POT]].

Getting back to the financials, just so you know, I own two: [[BAP]] and [[AIZ]]. Sometime soon, I will explain my asset allocation methods and how to avoid getting your legs blown off, holding stocks like [[HANS]] or [[SNCR]].

Hopefully you fucktards understand that a certain level of discipline is needed, in order to stay in the game—long term. Sometimes, I get the sense most of you are just going “all in,” one idea after the next.

With my money, I will sell off my trading [[FFIV]] and [[NTAP]] positions and short more [[LEH]].

Prime outer NYC real estate foreclosures.

NOTE: Fuckers.

NOTE II: Take a look around Brooklyn and Staten Island. Out of control foreclosures.

NOTE III: Watch Yen strength today, via [[FXY]].

Good times.

Doing some light carpentry, “The Fly” spilled half a can of wood stain all over his new clothes—effectively ruining the charming “warrior like” outfit and staining his fucking skin too.

UPDATE: Dark forces are working against “The Fly.” Some strange third tier blog is attempting to surpass his highness, in some odd internet poll, regarding blog supremacy.

You must vote for “The Fly” at once and save America from Canadian infidels.

[youtube:http://www.youtube.com/watch?v=Lln5i1N3J8g 450 300]

I offer no advice, merely rants of my market “Godliness.”

Just know this, I share very little with the internet kind. Most of my trading is done in the darkest corners on Wall Street and the size of my transactions are often minimized, for secrecy purposes.

I will tell you this, listen very carefully:

“The Fly” is back in the most egregious way possible, via absurd gains. Today represents the single best trading day of the year, for Senor Tropicana aka “The Fly.”

During the session, I sold out of my longs and reversed to heavily short, with exact precision. So sorry.

Today’s gains stand at a staggering, but not surprising, 8%+.

Read it and weep, “clown fucker.”

Off to eat a piece of rare beef.

UPDATE: I am listening to the [[HANS]] conference call. Let me just say, it is, by far, the worst call in company history.

Stay away.

Fuck [[LEH]].

Carry on.

UPDATE: I realize it is not nighttime. I was going to correct it; however, for some odd reason, I find the error rather amusing.