As much as it pains me, once again, I changed my mind, with regards to the future prospects of the stock market. After all, I am a fucking human being, with objective abilities to make adjustments as new information comes along. Others, with much smaller brains, are rigid in their beliefs. Those people get their fucking eyebrows punched off on a regular basis, due to their investment inadequacies.
The fact that Goldman is now forecasting 8%+ gdp growth for China, up from 6, tells me the stimulus packages around the world are having a positive effect. The fact that our 3g network is stretched thin, due to the popularity of smart phones and other bandwidth hungry devices, makes me a bull on 4g expansion. The fact that companies are able to get financing in the bond market, takes away the worst case scenario, that I thought was possible, for a multitude of companies. The fact that oil has not collapsed makes me think there is a reason why it’s hanging around $50. The fact that semiconductor companies, particularly foundries, are investing in better tools/better processes, during this decline, makes me believe the industry is due for a significant turn around.
In short, I didn’t see it a few weeks ago; but I see it now. Now, this could be a blip in the economic seismic chart; but I have to acknowledge the positive signs , pertaining to the economy and how it affects the stock market. For now, the deflationary vortex thesis has to be shelved, in exchange for one of possible and potential reflation (yikes).
There I said it.
I am a bit pressed for time now. But, in short, I am bullish on a variety of semiconductor names and have a few more worth throwing on the barbie.
UPDATE: I sold out of GMXR @ $9.50
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Fly Is God
Thesis Change = Buy FAZ
What are we going short now?!
mrkcbill once lost a fist fight to Suze Orman
hurry and post your friggin thesis. i have to piss.
Kung fu movie “Ehhhhhhhhhh?”:
FXP up 3.4% in the face of this sucker.
lol @nomorework I need to go for lunch but “some things can wait.”
Deflationary vortex thesis was wrong.
Jed camped out to buy John Mayer tickets
Bears sell short at the open:
http://www.youtube.com/watch?v=M1-NpyaOWV0
shit, i done pissed my pants now, take your time posting your stupid theeesis.
“KidDisco Says:
Deflationary vortex thesis was wrong.”
I Win.
While waiting for the dramatic post, what are the potential thesis change possibilities:
1. It is the beginning of a new bull market after all. Things are undeniably getting better. I have seen the future and it has higher stock prices.
2. I am so done with this gay leotard rally and am ready to lean on the bulls.
have a few more worth throwing on the barbie.
An obvious backhander in my direction do doubt and my cue for an intro.
How many times have i told you, fly that the biggest problem we’ll have is an inflationary vortex down the road not too far away.
And all you’ve done is abuse me. The sheer brazenness and inhumanity in your change of mind leaves me breathless. Breathless!
Now where the fuck is the devil dog to abuse you.
if the real fly posted this garbage, he should be committed to a mental institution. looks like something geitner would post. maybe ibankcoin has been taken over by the evil powers that be?
Thanks Master Fly.
Everyone needs to get all giddy before we go down.
Good on you, Fly.
And thanks for the AMKR and QSII* gumballs, Mickey!
Err… PPT!
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*(#1 pick on entire PPT system last week)
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Now where the fuck is the devil dog to abuse you?
Last seen at the kennel.
Unclaimed.
Something about… “rabies?”
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proud of you kid.
may i suggest a serving of SPIL…along with OVTI
Thanks Fly for marking the top
The Market may have signs of false life (I will play along until otherwise), but Dennis Kneale is still a fucking idiot.
carry on.
You’re welcome Mo.
Many thanks and praise goes to you for being tinder for names like CROX, ODP, CIEN and GMXR.
GM goes bankrupt and mkt soars…odd no…Hey UAW go fuck a goat jerkoffs.
SRS has been positive or almost so most of the day, even when the market was moving up.
There is no shame in losing a fist fight to Suze Orman.
She could take on half of the Jets backfield.
Et tu, Fly?
I was disqualified for kicking her in the nuts.
Good one mrkcbill but I assume she was wearing her “cup”.
New post up, as promised, regarding UPS as a “tell” —
Market Tell: UPS Calling!
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Everyone needs to get all giddy before we go down.
Mark one in the “Cubs” column.
Whatever happened to that name, btw?
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I told FXP you’ve changed your thesis and FXP said to fuck right off, and that GS is back to its old game of fading its own calls.
FXP also said the word ‘foundry’ itself is just totally gay, and that its use should be avoided at all costs.
Please don’t shoot the messenger.
Buy FXP.
They choked in the playoffs and pissed me off 🙂
Uh Braveflaps… I notice that FXP is down 73% from a year ago?
Hmmm.
If the Cubs choking in the playoffs is the sole reason then iBankCoin can probably retire the name GoCubs for all time.
So sad for Ernie Banks,Ron Santo,Billy Williams,Ghosts of Jack Brickhouse and Lloyd Pettit, etc.
I found 10k so I bough another 1300 ANCI
Are you fucking kidding me
Cuervos,
Confucius say: buy low, sell high.
see ya UAW..go fuck a toyota….stupid detroit morons…(i have a GM product) the quality sucks dick…My Audi on the other hand is tits.
Jake has better pictures to go alone with his reports…..the rest of the bloggers need to step up….
ANCI has the PPT fundies @ 3.6
that’s good.
am I thought of as a pumper round here?
Dear Flip-flopper Fly,
So you finally agree with my thesis that we have seen the bottom. Unlike you, I’ve been saying it for a while now and have made a lot of money. And it’s okay to change your mind, I do it regularly. Unfortunately, you castigate ME for doing so. So get down from your high horse, the chickens have come home to roost, go make love to a goat doggie style.
am I thought of as a pumper round here?
Henry, given most of your calls have been right on, I’d say “no.”
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GMXR about go parabolic….why the fak did you sell out?
Buy it back…..you have been given the official “heads up”.
Thanks JG
Just checking.
I sold 2/3 of my CROX position and it’s still a decent sized position.
I know you care less about the thanks but THANKS FLY!! That was a great idea and I knew it immediately!