Once again, I was tossed into a murderhole for being long [[VXX]] . Immediately following today’s purchase, the market reversed and never looked back—sending those who are long volatility into deep, umm, murderholes. Seeing that I was wrong for averaging down, quickly and rather amazingly, I took a wad of cash and bought more Johnson Controls, Inc. [[JCI]] , TriQuint Semiconductor [[TQNT]] , Eastman Chemical Company [[EMN]] and Flotek Industries, Inc. [[FTK]] —all documented through neatly posted and time stamped notes inside of The PPT, of course.
Which brings me to my next point: I am entirely open to the realization that I will be killed, daily, long [[VXX]] —just so long I continue to bank coin in my stocks. I expect to enjoy some big dicked gains in a variety of my positions, none more than Flotek Industries, Inc. [[FTK]] . When I, finally, end up a net winner in Flotek Industries, Inc. [[FTK]] , expect “The Fly” to take a month off from blogging, as a punishment to you for doubting and/or questioning my market hand.
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I remember a movie(gladiator), at the end of the picture, the warrior stated, “we will meet again, but not yet, not yet.” life is like that in a lot of ways, there are ups and downs and life will give you choices not forseen. But in the end life gives you what you want but not when you want it. Sort of like in the movie, we will meet again, but not yet, not yet.
It means smile in the face of uncertianty, it will not control you.
Sorry, what were you saying? I was eating corn chips and could not read your post because of the crumbs on my phone.
Please do a mass ban of epic proportions
No iBankCoin for anyone today. Try your luck tomorrow.
Hahaha
EMN just crushed estimates.
Reports Q1 (Mar) earnings of $1.37 per share, $0.22 better than the Thomson Reuters consensus of $1.15; revenues rose 38.5% year/year to $1.56 bln vs the $1.29 bln consensus. Co issues upside guidance for Q2, sees EPS of $1.50-1.60 vs. $1.19 Thomson Reuters consensus. Co issues upside guidance for FY10, sees EPS of $5.00-5.25 vs. $4.51 Thomson Reuters consensus. Co said, “”During the first quarter, there were clear signs of a global recovery in our sales volume. Looking forward, we expect to continue to benefit from improved sales volume and higher capacity utilization which results in lower unit costs. We also expect raw material and energy costs to remain volatile.”
http://www.youtube.com/watch?v=57C-SdiV9l4
Best move I’ve made this year: Betting against the Fly and going long with the rest of his blogmen!
fuck you; you’re banned
before you go, how did you bet against me?
Did you short emn?
Oh dear…. sandfleas are horrible little creatures.
A very simple truth lies within trading….
Anticipate the difficult by managing the easy.
~Lao Tzu
VXX makes sense in the “reality” of our times versus the “illusion” that is bestowed upon us.
The government’s increasing influence and ownership in the marketplace is a hard pill to swallow. The good news is that we can game these government moves and policies and profit from getting ahead of coming policy and political climate ramifications.
Whoops! too late, you must have already been banned. boy that was quick.
lol
do not let the hoi poloi congregate at your expense
a nice quick death ban
FTK 4TW!!!
All I see is the damn buy programs going off daily generating this FLUFFINESS. Turn off the computers and REALITY will set in. Did anyone see the SQUEEZE in GS, AIG, and AAPL? …..and the longs continue to hate the short sellers!
If it weren’t for the shorts……we’d be at half this level!!
I continue to daytrade and frontrun orders in front of the computers…..selling into the buy programs and buying into the sell programs. Just watch MACD and get your ass in front of it and when the program hits—–WALAH! instant fortune.
I think you’re going to see a lot of distribution days here after earnings……..then, only then go short into Summer.
my .02
fly is in rare form….no doubt feeling quite swell on the tail of one of the most egregious broken robots events ever to take place
The followers never doubt the Fly. Makes me feel good that Sir Tropicana banks coin cunningly removed directly from purses of the, so called, men with gold plated man sacks.
The Fly wins, we all win.
(ok, so I don’t because I’m skint, but it still makes me smile which is enough these days).
RVSB today. Very nice to be in that one.
Welcome to my world….where old men kick teenagers in the groin…where rally monkeys dance around hooped up on coke and red bull….where wizards in burlap are at my beck and call 24/7…where its open season on pelicans from early January to the middle of December….where if you didn’t get your daily 40 points,my bad,I’ll add it to the next day….Welcome to my world
Thank you, it’s good to be here. I’ll be back tomorrow to collect my 80 (and you know you owe me for today)
The Fly Top screwed me today…100% short as the market rallied off the open. I need to do some more backtesting on this setup. In the mean time, long PCP and AIG.
You lost coin because you are a douchebag. You are betting against a guy who is up 1,000 percent over the past 10 years.
Fuck off, moron.
Le Fly?
When I, finally, end up a net winner in Flotek Industries, Inc. (FTK: 1.75 +2.34%) , expect “The Fly” to take a month off from blogging, as a punishment to you for doubting and/or questioning my market hand.
Dude.. that’s an impossible position for the readership to be put in. Seeing we like your blogging you’re having us hope you lose on Flotek. 🙂
Precisely.
Get in the Vice.
starting tomorrow, I will begin shorting the shit out of FTK so you would not stop blogging.
sorry.
I am selfish
Lol… yea Dish.
The only way we can stop Fly from going on vacation for a month is to short the shit out FTK. It’s the right thing to do for the readership.
Does anybody know what the fuck is going on in Bangkok and will you please enlighten me? I mean details, not headline news.
Red Shirts are trying to get an early election with sharpened bamboo rods, while army and Yellow Shirts beating them down….sort of like a bloods and crypts kinda thing….
Real Hmmm
http://news.bbc.co.uk/2/hi/asia-pacific/8639048.stm?utm_source=twitterfeed&utm_medium=twitter
also- helpful to go on twitter and do search on thailand or bangkok for more immediate updates
Lindsay, I saw your post about GU.
That was a mismanagement buy as it was set before the story.
I will let it ride for now as a Costanza trade. ie: do the opposite
Thanks
Try this for background…. http://blog.taragana.com/politics/2010/04/21/thailands-red-shirts-who-are-they-and-where-are-they-taking-the-country-30188/
Today’s Market prediction (I hate predictions):
1. Asia closed down.
2. Europe currently green.
3. US Futures down.
4. Euro down – Dollar Up
5. We close up 40 points.
That is all. Carry on.
Why? No luck needed
I am currently long everything and making a killing.
FTK is happy today. Fly may be taking a weekend.
Do gingers have souls?