I made another 1.5% today and now find myself back to normal investment levels: 90% long equities. My big bet is in the commodity sector. I’ve outlined my positions about 1 dozen times. Just know and understand I have another stock worth purchasing, which will be revealed inside The PPT over the weekend.
Speaking of which, The PPT is now warning that the market may be over heating, now registering an overall hybrid score of 3.20. When I say “hybrid,” that means the mean of all fundamental and technical scores inside of the algorithm. Scores are doled out from 1-5, 1 being the lowest or worst possible score. When the overall algo is hitting 3.2+, it’s usually time to sell. When it falls below 2.6, as of late, giddy up and get long. So you know, The PPT nailed 9 of the last 10 troughs— to the exact day.
It’s not important for you to know how I created a sublime financial tool of mathematical precision (SHOMP). Instead, just feel honored and lucky that I let you rent it from me, for there will come a day when I will vanish from North America, totally unannounced, taking my fucking toolbox with me. As you know, “The Fly” can’t be tied down to any one continent, as it is his obligation to travel the globe and slap all sorts of fuckers in the face with rocks.
Plans for this weekend entails lots of BBQ’d meat and liters upon liters of fine wine, flowing freely as if that shit was tap water. I wish you all the best and look forward to outperforming you next week.
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Happy Memorial Day weekend, Fly. Hope you stay in North America for a while longer here.
Is that a white guy?? WTF!
Enjoy the weekend!
Memorial Day is to Thanksgiving as Bud Light Christmas (July 4th) is to Christmas.
“When the overall algo is hitting 3.2+, it’s usually time to sell”…. so your 90% long that makes sense
LOL….good point. This guy is so fuckin moody.
Perhaps this is a question of time frames. If the Sell is a very short-term one, perhaps one holds through it.
i am able to sustain ups and downs. I will sell a little on Tuesday
The Fly could be like the super rich dude fromthe film “Contact” that lives on a plane that only lands for 5 minutes to refuel!
Grand Slam!!!!!
Every stock I own was up today!
That doesn’t happen very often.
I started my weekend with BBQ’d spareribs on the gril and a bottle of cheap Merlot!
Not exactly in calibre as The Fly but the intent was the same!
Happy Memorial Day to our southern American friends!
Nive, Try FURX for a 3 day 19% move, YEAH!
Finally…a song that didn’t leave the camera lens dripping in spit spray
Gil Scott-Heron RIP http://www.mtv.co.uk/artists/gil-scott-heron/news/273152-gil-scott-heron-dies-aged-62
Fly, if the PPT is amazingly accurate, why aren’t you 90% short instead of 90% long?
I don’t get it.
join the club and find out
Because my thesis is inflation and the ppt is better at timing bottoms than tops.
I might lighten up but not short yet
The dollar is going to get raped
thank you for your response…makes sense.
One of our blogsters, I can’t remember who, mentioned a brilliant play he had made in LNG. Super call ! Now, from Norway comes this tidbit, “announcing a new dating service – Cheniere meet Golar”. Prophetic to say the least and recognizes the enormous future value of lng.
You can be in some place like Singapore wearing a bow tie and still post to the internets.
I’m going to lay a few things out about the economy and what I have witnessed in Tuscaloosa after the tornado. 12,000 out of 100,000 people have volunteered through the city’s website to do everything from cutting up trees to providing childcare for the 5000 households that have been affected by the tornado.
I have seen more than my fair share of hispanic (illegal alien) labor being used in paid jobs such as roofing, repairs etc… I guess my point is that these people have to work because they don’t get a check from “Uncle Sugar” every month. If every citizen had to be as self reliant as these immigrants, the country would be much better off. The church I attend adopted 50 low income families on public assistance that lost everything in the storm. I don’t want to be harsh, but I can see these people being restored to their former existence; and in some cases, even better off than they were before due the entitlement mindset that grips this country.
People who are in this country illegally are getting paid to resettle welfare recipients at the expense of taxpayers who volunteer wih the cleanup and rebuilding.
This country cannot move forward until entitlements and social engineering are ended. No Social
Security, no medicare/medicaid. Math trumps “great society” spending.
then what the fuck are they gonna do with the over 230k that i paid into so-sec all my life.dont get me started on immigrants. my parents came here through ellis island, not on a rubber tube,or jump a fence.go to mexico then, tell me how it works for ya !
If you get a Government welfare check of any kind (except Social Security which you paid for)-
I am talking AFDC, unemployment, disability, food stamps – you work FIVE HOURS A DAY for free
cutting park weeds, tearing down condemned buildings, cleaning train station toilets, filling potholes,
dispatching police-fire, whatever.
The quadruple amputees who cant handle phone duties can work as doorstops. Five hours a day.
…and the deaf can baby sit/work chid care…and the blind can …..hand out the change room key at Wal-Mart?
Is this your plan to further enrichen yourself? You can’t make them work, and you can’t kill them. Pay your taxes and be glad you are rich in the USA.
You have to be the dumbest mother “f”er that posts a comment on iBC.
How are you going to pay for your own retirement? Apparently you didn’t pay into Social Security, or are ready to forfeit it all if you did. If you worked for the government, then you can’t accept that pension because it’s financed by taxpayers. If you are one of the small number of folks who will get a pension from a big corporation, then that corporation likely benefited from tons of favorable government legislation, tax loopholes, government contracts etcl. and that is how they can afford to pay good pensions. So if you get a private company pension, you can give that back to the taxpayers too.
People have to be abe to afford to retire somehow.
Today instead of BBQ I started out with an hor d’oeuvre of lightly salted bearded oyster. Along the same lines, main dish was spread eagle done to perfection with an eternal heat of 98.6 degrees. This was capped off with a bottle of cheap Merlot!
i love the taste of bearded clam on memorial day!
camel toe stew after a saturday night drunk,helps with the hangover
Bearded oyster? Is that similar to a bearded clam?
Did anyone try to go to this site late Friday Night?… this weird ebay site popped up…even when I used Flys link at Twitter I got that strange site when I clicked on it….Was it only me?
the whole internet, seems to be havin trouble , or is it just me. as i read about hackers sony and defence contractors,i wonder who is safe?
and it continues with a FB hack this morning..oh well….part of the game out here