It’s very tempting to get all scared and shit, due to the unrest in Egypt. But then I remembered, “oh yeah, POMO.” No matter how hard you try, you can’t beat the clam, so stop.
Earnings season has been a great success and the recovery is underway. Do not let a little “Egyptian bullshit” get in the way of a little stock market melt up action. It’s long lasting and perpetual.
With my money, I booked gains in AMKR and BRNC and bought size in ATPG and nibbled on THQI. Ultimately, my wins will be extreme and belligerent. However, for now, in order to get comfortably in the black, I am booking small gains. I am moonlighting, if I may be so bold. I am here for the money, then I go.
My position is all but cemented. Long with 90% of my capital, 10% cash. Heavily long EXK, MOS, AGU, ATPG and BORN. Meaningful positions in FORM, KEG and TEVA. Year to date, I am up about 4% with my eye on the prize: fuck Egypt.
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Long lasting and perpetual? How can that be?
Do not question.
I see you even have a following in Egypt, lol.
>>Earnings season has been a great success and the recovery is underway.<<
The margin squeeze (to which the "bearded clam" is blind) is just beginning (look at WHR and F), and any company selling non-essentials will have no sell-through pricing power in this economy. S&P estimates are going to start backsliding, and the entire rise in this market since March 2009 has so far been untested by quarterly sequential earnings declines (not to mention significantly higher medium and long-term interest rates)… I'll see you at 1090, and maybe lower.
squeeze margin – that’s the shit you put on toast when you’re on a diet? Fuck that – lobster with extra fat butter all ’round.
BEAS FOR VEEP!!
MUBARAK/BEAS 2011!!
______
iBC for the masses.
A fundamental human right, I say.
Fly: This whole time I thought your avatar was a surgeon. Sily me.
http://wwwdelivery.superstock.com/WI/223/1783/PreviewComp/SuperStock_1783-5660.jpg
Wall Street Law of Gravity: “What goes down, must come back up again.”
noticed in the WSJ.
Fly,
Did i miss it or are you still in IMAX?
Fly is the Prince Alwaleed Bin Talal of these here internets.
I read Anderson Cooper from CNN was attacked.
Does he realize what Fundmental Islam does to gay people?
I realize lefties live in a bubble but get a grip.
I hope they don’t find out he is gay (not that there is anything wrong with that).
Depends where you are. In Iran, they kill you with gusto and without a backwards glance. In Afghanistan they are all really excited to meet (meat) you.
Maybe we can post some comments on Al Jazeera and see if it gets any traction.
they attacked him for being American
I respectfully think you are living in the bubble sir
Good day
I had a friend named Fido in NY.
Your late father didn’t own a couple of warehouses did he?
______
Nope
I knew someone that named their dog Fido. Do you happen to have four legs and really like to dig holes in the backyard?
He’s too busy licking his own nuts to reply.
Read my comment again.
Really close this time, especially the last line.
And he was probably attacked for being an American and also because he was Western Media.
Because he works for fucking Gebbels TV. And looks like a Nazi, too. Sorry, can’t tolerate those asshats on CNN.
May a camel leave multiple droppings on the Fly’s front yard …in the snow.
Kind of you to wish him a healthy lawn in the spring.
I have a new client application from an H. Mubarak. Says he has a billion $. You guys know anything about him?
LOL. Nice one.
On a side note, this situation is very quickly getting out of hand. Competing crows of thousands of protesters will eventually erupt into complete anarchy throughout the country.
I figure that we will have another Iran in a few months. I believe the Iranian revolution took about 9 months to complete. In this day of technology, it should take a third of the time.
I’ve got an email from Nigeria that says I’ll get a billion $ if I just provide them with a little info.
in a total WTF didn’t see that coming moment on Al Jazeera:
Mustafa el-Gindy, a former independent member of the Egyptian parliament and current member of the opposition.
“…the base of your civilization is Egypt, we used to rule the world… you sent your kids to Egypt to learn, now we send our kids to the US to learn, who knows, next next we will all send our kids to China… get your ally. You need 1.4b ally to face 1.4b (Chinese) we represent 1.4b (Sunni Muslims) let’s talk – Democracy if we both talk, is the same language. Stop talking freedom & human rights when you are not doing it. This is hypocrisy.”
(paraphrased)
The base of our civilization is Greece and Rome. Egypt sucked balls from them both.
Oh, he explained that – their pharaohs became hypocrites like the US and lost.
Really didn’t see the China thing coming though!
If we could figure out a way to channel all their hate towards the Chicoms and away from us we’d fix a lot of our problems.
have China send them poorry transrated Koran with bad binding fall apar and cover print rook rike picture of dirty shoe on it
LOL.
The way this dude lives in the past, he’d make a great Notre Dame football fan.
What if they opened the market and nobody showed.
80 degrees and sunny.
Off to practice putting
it would dip 5 points to suck shorts in and then automatically resume trading up as it laughed at itself (robotically of course)
30 degrees and icy.
Practicing my chipping in my office into a net.
Added TTI to the mix … my KEG if you will
Eventually, the bearded clam will give everyone the “clap”…..
but until then it’s just premature evacuation
I rolled my CYT profits this morning into THQI calls early afternoon. NANO is up again nipping at 50% ytd and WFR is having a huge day. Nice.
It occurred to me last night that Fly writes a bit like Hunter S. Thompson.
Hilarious photo shop…well done, well done indeud (chuckling)…
Actually I heard what really started the trouble in Egypt is when the Egyptian people found out Mubarak bet on the Packers.
The straw that broke the proverbial camel’s back if you will.