There is no need to panic or make quick decisions, for Ben Bernanke has this shit under control. I’d like to take this opportunity to thank the Fed for delaying the depression and allowing The House of Fly to build up reserves, which will help me buy distressed assets of great quality when the shit hits the fan. That’s right, “The Fly” is playing chess not checkers, always miles ahead of his competition, planning for their dissolution.
Today’s gains were moderate, a tad over 1.7%, getting me within striking distance of new all time highs for assets under management. My personal account is up about 45%, over the past 3 business days—thanks to well placed trades and a lot of leverage.
As the Mississippi river spills the fuck over, washing out rednecks along the banks, refinery stocks will surge. The coming floods will knock supply offline, leading to higher margins. These things, AND MORE, are inevitable. They are not opinions, but “future facts.” Go ahead, bet against the guy in the time machine, see where it gets you.
Aside from silver and oil, I like tech here. Two of my positions, TER and FORM, are behaving nicely. I have a few others on my watch list, but find myself unable to buy, due to maximum market exposure. In other words, Le Fly is “all in” yet again.
NOTE: The first person to call me a fucking contrarian indicator is getting clapped.
NOTE II: I booked profits on PSLV[youtube:http://www.youtube.com/watch?v=e8ejqE3ktFU&feature=related 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter