I played CHINESE LOTTO on Friday and won, via HRBN. There were lots of other winners today, in the wonderful world of chicoms. Just know, this is a sure sign that the end is near, with regards to this run. However, before we drop, why not play more lotto?
As you know, today’s monster moves in HRBN/FTK were BLACK SWAN events for Fly haters. Deal with it and learn to appreciate the gravity of this situation.
I’m throwing a freebie out there tonight, for you non-PPT member leaches. I got my new lotto tickets ready and I am interested in playing.
Here are my top picks, as of right now. Things can change when trading starts tomorrow.
HPJ, SHZ, CELM, CFSG, CHLN, HEAT, JST, CGA, CTFO, TSTC, CAAS, JRJC, EJ and YTEC.
For those of you who are not leaches, here is my PPT LOTTO watchlist, with other stuff attached.
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Learning to love the lotto
FTK now at 1.70 and you bought it for 2.00. You really are a fucking winner there FLY. Now go and clean up the Kleenex stuck to every surface of your mother’s basement.
Hmm, the Fly is out of synch with things again? I see a sea of red in Europe, all commodities down, Euro/USD down, and he’s talking lottery tickets.
We finish green today.
Welcome back, Fly. It’s great to see you back in your old form. Now all we need for the full effect is to lift the ban on cursing.
GWAYLO!!
ahhh Chinese Wotto! i wike very very much.
Rotto-ricious!!!
RINO?
Yep, you right, it won’t be long now…”>
Maybe some yong too
Fly
You suck.
Thanks to your excellent penmanship I now have to add your blogs to my favorites as an everyday read! You are very funny dude.
Keep it up. We serfs need daily edumecation
at least you guys can sleep easy knowing that none of you are “leeches.”
to be accused of percolating rainwater from soil, that, that I would not stand for.
as for krusty klown corp, or FTK, well, that stock reminds me of tainted ham being sold behind my local burger king. but that’s not a new revelation.
Most of those plays have very low liquidity, or extended risk, but given the right setup, they can trend well
You know nothing about ftk, so refrain from commenting on it.
Don’t be a lotto hater, else I will squash you like, umm, a small spider.
I love the lotto. I just hate ftk.
I also hate isrg, and fslr.
In short, I hate many stocks, namely the ones that have exhibited suckitude in the past.
Right now we have little beetles crawling around this old house in the woods. I’ve lost the will to kill household bugs, I think about Karma and such. I figure there is a huge shoe with my name on it waiting, why tempt the inevitable…
But… fleas are the exception. They will die a chemical death and the collateral damage is a cost of doing business.
Curse those that hate on sir Fly! They shall not prosper.
agreed, fuck the haters.
as a corollary, having haters means you’ve reached a lot of people, a quality a success.
Beware of the crest of 7 weeks. The rally is old: but you already knew that.
Goldie
They are already cursed. The secret haters will fall the hardest.
Careful. “Le Fly” in no Dr. Fly…
Scott
It’s me.
If anyone should hate ftk it is me. You have not lost money on it, so why hate?
I guess hate is a strong word.
Basically, I would love to see FTK at 5, then 10, then 20.
in order for it to go from from 2 to 5, it’s going to have to pass through 3 and 4 first. And then to go from 5 to 10, it’s clear that the stock will need to at some point be uptrending. At that point, it will be easier to get long with the trend and stop out with low risk if wrong. if right, then you enjoy the move. But that objective is entirely different that how you accumulate stocks so its no surprise we have different views on it.
it’s just a personal trading decision that works for me.
Charts….farts
I know, it’s just price action, nbd
What a tough recession!!
http://online.wsj.com/article/SB10001424052748704518104575546542463746562.html?mod=rss_whats_news_us_business
Can you imagine if they were actually doing well!!
Top performing HFs ytd include:
Distressed/Restructuring: +6.96%
Event Driven Private Issue/Reg D: 9.48%
Relative Value Fixed Income- Asset Backed: +10.06%
RV FI-Convertible Arb: +8.00%
RV FI- Corporate: 8.68%
RV Multi Strat: 8.97%
Emerging Mkts: >7%
Russia/Eastern Europe: 8.77%
On the other end:
Short Bias: -13.35% Yikes
The day the average joe can manage his own distressed/restructuring assets is the day wall st doesn’t make billions. Never
It’s easy to manage if the bank threw away your critical documents and can’t foreclose. 😉
Some of those guys should be in jail. ‘ unlikely though.
your about to get it both ways now….
An intriguing collection of Chinese plays – like the sectors, but aren’t most of those market caps small enough to be swamped when a whale like Señor Tropicana jumps in the pool?
I play these small, 25-35,000 shares at a clip.
Fair enough. Thanks for the freebies, you’ve saved me a lot of research.
FTK: Fuck That Klown (lesson learned)
Nice win Frisco, now go whip the Phillies!
Looking forward seeing the earnings reports…
Do we get yet another overwhelming beat percentage as usual.
All the CEOs were confident last quarter so they can’t be too bad.
The key will be reaction.
Confident enough to not hire anyone that is.
No, I can’t recite them off the top of my head but there were a LOT of companies guiding down during last quarter’s conferences. Not that it matters, if companies miss then we hear the QE2 bullshit some more and the market rallies. If companies beat, everything is great and the market rallies.
We go up.
.
.
.
FOREVER
Buying FAZ
Looks like all lotto players have lost their bets. /ES down 7 and dropping further. Look out below…
Fig
Well then, we must remind everyone of qe2.
Well played doctor
http://chinabizfocus.com/modules/InvestChina/performances.php?sel=performances&perf=1month
tza – is it on that list?
No those are individual stocks I think, and TZA is an ETF
Scott
Wrong again. I am long for two years with an avg cost of 2.09. I own some at 1 and some at 2.70. Watch me make money, you troll like gremlin.
I’m picking up some TBT tomorrow morning then either dumping or adding after 3pm (FOMC minutes at 2pm) according to my thesis in the last post. Risk/reward is compelling here.
You’re either dumping or adding after 3 pm tomorrow? Sounds like a strategy with a lot of conviction (*sarcasm on*)
you know, even though most of the Shanghai Futures closed down…well Rubber and Zinc were up, China may get to sell cheap tires again to the USA……The Shanghai Comp actually closed up about 1% after a down morning. Yep, rest of Asia sold, but I was really surprised that Shanghai bought the dip…Steel and banks lead the decline, yet I wonder if banks were bought cuz that reserve requirement was news yesterday so no surprise…anyway, don’t know about China Lotto at all. Greek Auction Later but with China backing Greece it should do well…
Oh that is what popped it in the afternoon session…http://www.businessweek.com/news/2010-10-12/china-s-shanghai-composite-index-rises-20-from-july-low.html
Fly, old bean,
If it is not too untoward of me, I should like to ask a question. Harkening back to a previous posting you mentioned picking up more FTK, and well, I should like to know where you expect it to go, or rather, I should say, at what price would you unload your shares?
Really would like to know that.
Joe
Can anyone with software backtest BUY AAPL at market close and SELL AAPL following market open?
Backtest 6 months or a year? I bet this strategy will have a very surprising (positive) outcome.
Looks like Angela Merkel is hating on your gypsey homies from Romania, Fly.
This has got to give those uber-liberal Germans a slight tightening (of remembrance) in their throats, nein?
____________
Interesting article. Integrating gypsies is like trying to make Quebec Canadian. You can shovel endless money at the issue, but at the end of the day, nothing’s changed but their name and your deficit.
Quebec is Canadian
there is many people and whole cities in Quebec that don’t even speak French
Let me call for a stock market crash…in case it happens, I’ll be famous…it is October last I checked…and the Dow closed on 10/11/10 at 11010.11???
I wonder what 1011101101011 is in binary? I bet it spells DOOM!
Nice post man.
I can’t wait to read your upcoming same-titled book about you “Called It!”. You can put it on the pile with the others when the time comes. Thanks.
By the looks of things, Fly may finally have a winner in FTK. The stock is barely under any pressure after a nice run-up. This is normal consolidation. If we get above 1.80, I am buying.
where is the freebie? I want my freebie?
why Fly is not updating today?