Glad it’s Over

Well, fuck this week running sideways. It’s been awfully unprofitable for me, topped off with a late day decline in WNR. Sometimes liquidity trumps fundamentals. In this case, crack spreads are being ignored for crackhead spreads, with investors saying “see ya fuckbag,” heading for the exits.

All week long the market was up big or down big. It’s rather fitting that today end up, but lots of stocks close down. The internals behind today’s tape are dreadful to say the least.

At any rate, there will be plenty of pitfalls next week to doge, from flash revolutions to nuclear meltdowns: this market has it all.

I’m out of here.

I don’t mind losing money. I really don’t. Throughout the years, I’ve lost so much money, I am numb to the process. On the eyes of God himself, I am grateful that my wins have outstripped my longs by a factor of 1 trillion, life to date, allowing me to speak to you in a very condescending tone.

I’m buying airlines today, fairly decent size too. I cannot remember the last time I bought airlines, since I fucking hate the sector. But, with oil “high as fuck” up here and WORLD PEACE on the verge of happening, one could only surmise that airlines will be making some coin here.

Crack spreads continue to widen, now up almost 2% for the day to $24.30. I have no idea why VLO and WNR are weak. However, I do know where those stocks will be in 2 weeks: higher.

For a +140 day, the action is tepid. I mean, most stocks are up; but the tone is somewhat gay. Then again, there is a shot that Tokyo will become a wasteland. I surmise that is not good for “global growth.” All in all, as always, “The Fly” endeavors to outstrip you, in all things to do with finance. Some of you manage little baby hedge funds or have piker books of business, acting all sophisticated and shit. The reality is, you are nothing more than a huckster. I spit, mind you, into your clam chowder.

Top picks: LCC, DAL, TER, WNR, VLO, MAS

I bought both DAL and LCC.

Disclaimer: If you buy DAL or LCC because of this post, Libya will declare a “no fly zone” in the United States, rendering our airlines useless. And, you may lose money.

While drinking guinness yesterday, one of my friends( who is a cop) was telling a story of a guy he arrested who fended off 35 cops for 15 minutes. This gentleman was on angel dust (PCP) and was out of his mind crazy. He has no idea what was going on, nor did he feel any pain. They’d shoot him with taser darts and he’d simply rip them out of his chest (he had no shirt), screaming like King Kong. He was covered with his own blood and was tossing cops around like dog bones. He even took one of their guns, but had no idea what it was, simply tossing it aside, as he raged towards police reinforcements.

This market is that guy on PCP, simply tossing shit aside. Nuclear meltdowns? PFFFFFFFF. Revolution in the middle east? PFFFFFFx2. There is NOTHING that will stop excess liquidity aka dust, created and amply provided by the Federal Reserve.

I believe the market is safe to invest in again, as the master politician Ghaddafi (sp?) pisses on the UN resolution and the House of Saud gives their population 2 months of monetary bonus.

On these developments, AND MORE, I expect to make a great deal of money today.