OVERBOUGHT

I will be raising cash soon.

Whew, that double dip threat was real scary. I recall about 1 week ago, a small amount of perspiration began to accumulate near my right eyebrow. Upon seeing this, “The Fly” quickly jumped into the shower, then went for a swim and forgot all about it.

It’s time to eat grapes and beluga caviar again, while “feeling bad” for the unemployed. Everything is grand and life could not be better for the haves. If you are not in the club yet (net worth over $1 million), try harder and quit letting your brain get in the way of a good decision or two.

A few threads ago, a reader took great offense to my barrage of insults towards your person. You mustn’t take what I say personally, unless of course you are well deserving of it. After all, I single out no one; therefore, I offend no one. There is a certain art when drumming the heads of my enemies to dust. They come to iBankCoin everyday with great hopes that I will decline and drown in a baby pool filled with piss water. Howsoever, just when you think “The Fly” is losing, BAM, he fucking wins. It’s important that you understand EXACTLY what is transpiring here, as I am documenting the world’s greatest trader for present and future generations. Books will be written using my posts.

Nevertheless, you are part of history, as I climb the tall ladders of winship. As you readily know, I am in possession of the only time machine available for retail usage. And might I point out, it was right, yet again. Do not covet what is not yours and never whine, it sets bad precedent and you make yourself look weak in front of your wife and kids.

On the backs of UCO, WNR, CLF, TZOO, EXK, TKLC, NXPI, BGC as well as others, I pushed forward by 3% today.

Off to abduct farmers in Iowa.

[youtube:http://www.youtube.com/watch?v=Dlc9pPeS2Q0 616 500]

I started a new position in PFCB.

Take out for the squeeze.

Where are you fucking faggots (no offense to gay guys of course) now? All of the shit talkers who were trying to offer Le Fly advice, based upon retards in the Mediterranean, had much to say when I held my ground, exclaiming with great vigor and tenacity to hold firm and buy the blood.

Fast forward to today, I am up 2.5% intra-day, pushing my YTD gains to 5%. I do not curry your favor or accolades. Instead, I intend to put you in your place, which is cabin class on iBC. You are not permitted to ever offer Plutonium Petey financial advice, nor besmirch my largest positions. I might allow you to chat about my small positions, but never my big ones. They are like my family. Would you allow some asshole step into your place of business and talk shit about your family?

I didn’t think so.

Like I said yesterday, the squeeze is on. Try to position in names with large short positions, trending higher. I like silver and oil here, as does The PPT. However, I am not interested in oil equities, just the commodity. With my money, I am looking for tech and restaurants.

NOTE: I booked profits on BGC.
Developing…

I bought NXPI, FSII, CY and GNK.

NXPI was my largest purchase.

The next Federal Reserve Chairman, Rick “BOSS” Ross
[youtube:http://www.youtube.com/watch?v=PNTavDxvsnI 616 500]

You heard it here first for the 10,000th time: the housing market has bottomed. Actually, I don’t give a shit about making “epic” (NO HOMO) calls like that. I am long DHI and BZH and will be content with making some quick coin, then flip out of those suckers.

I posted my semi buy list inside The PPT. I am close to buying some NXPI. I like their auto exposure. About 30% of their revenues comes from the automobile industry. One of their products is the mobile key chain thingy that lets you lock or unlock doors: yeah, that’s them.

Silver is still on the fence here. Eventually, it will come around and eat the livers of those who short it.

For now, I want to see how the first half hour of trading goes. Although we are higher now, the market is filled with pussies who sell stocks whenever they see their own shadows–like groundhogs.

“The Fly” is never scared because he is supported by powerful urinal shadows and plutonium powered space rockets.

On a final note, I am interested in buying banks, despite widespread reports of global depression.

UPDATE: I sold out of DHI. I didn’t like the action. Still holding BZH.