This tape is tailor made for me: predictable, yet ambiguous, moves, vacillating between easily identifiable ranges.
I sold out of my FAS calls and common, for a 70%+ gains, as well as CRZO. I didn’t sell my CRZO common, as I tend to do things in increments. With today’s sales, I upped my cash horde to about 40%. And, into the bell, I started a small position in TZA, via Aug 33 calls. I intend to buy more into strength.
For the day, I was up 1.3%, upping my gains to mid 16%. I made my coin and now it’s time for me to unwind, relax poolside, get ready for my mid-August vacation in the Carribean.
At the present, I am still long plenty of DECK + calls, ANR, GSVC, VCLK, CRZO and BPFH. With regards to GSVC, I’ve decided to hold the stock, no matter what, for an undetermined period of time. I’m going WNR/FTK on the stock, due to my belief that this is a must own stock, regardless of market forces.
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The Fly is God.
Talented trader, and trading system developer, Yes. Generous in sharing what he does with us all, Yes.
But calling him God? That’s homo.
Zombie sits at his computer 24 hours a day refreshing, just waiting for a new post from The Fly!
The guy writes better than Shakespeare (or is it Edward de Vere?), picks stocks better than Jesse Livermore, talks smack better than Muhammad Ali, and gives you the op to share your trading ideas with some of the best minds in the biz. Newbies and trolls, welcome to The Church Of The Fly and please respect it. When someone posts “FIG” or “TFIG”, instead of bitching about it, try to understand why we do this.
that’s fucking right on brother!
Whirlpool posts a first-quarter loss (but 25% growth in Latin America)
Samsung posts its lowest quarterly profit since 2nd-quarter 2009
Important or not?
August in the Carribean, Caribbean…better bring a heat shield.
Or maybe cover yourself in used Space Shuttle tiles.
I hope you got a discount?
It won’t be hotter than NYC now: 110
If Aruba, I can offer you some restaurant recommendations.
Bucuti Beach Resort in Aruba is very nice — no kids allowed though
Most of the hotels in Aruba are nice but the Bucuti is definitely on the lower end. Hyatt and Marriott top the list although are more family oriented.
I have a thing for Atlantis. Cove Beach is wonderful.
Big rotation today, out of the high-flyers and into financials. A move up in semis should be next.
Could the next 12,000 points be led by financials and semis…ala the 90s?
I like the way you think Quint!
I am always financials. Canadian ones. I’ve gone in and out of BAC in the past and really eyed it up this week but pussied out and went for AFL instead. You like BAC? Never mind its prominence in the U.S., while travelling in Central America for 5 months I couldn’t help but notice that it is the foundation of those countries financial systems (BAC and BNS to some degree). If BAC fails, then how many other countries fail? We will have Guevara’s revolucion come to fruition!
Tiger Woods fires his caddie Steve Williams….these black people are holding us white people down…been waiting 60 years to say that.
I think he was the highest paid “athlete” in New Zealand at one time.
nah, their sailboat guys get more.
What about the All-Black (Rugby) stars? Surely some of those dudes are banquing huge coyne in the international circuit.
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Thank you for putting “athlete” in quotation marks.
From an article about Williams today…
“Williams is often described as New Zealand’s highest-paid sportsman—a definition stretched to encompass the caddie who may have banked around $9 million during his association with Woods. He operates a charitable foundation which makes regular donations to an Auckland children’s hospital and is highly respected by New Zealanders.”
its cooler here than the mid-west,,,lol
dude the heat index is over 110 in chi town,the dog doesnt even wanna go out.i open the door and he looks at me like i’m nuts
my daughter lives n works there, across from the trade building, she says it cool n 70…inside.do u live in chi?
cool and 70 where,indoors? and yes
email me @ [email protected]
25 years a teamster myself, and i dont miss it, started right out of high school
da teamsters, i sold a townhome to jimmy jr. lol
i split a few years after he got in…….he’s done nothing for the trade
fuck unions.
spoken like a true scabb
LOL.
You might as well say “Spoken like a true Sumerian.”
Wheel on out with that old schit.
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Calgary’s very cold today. Better than 110 and humid I suppose.
I AM CAP
lol how did u do that?
the autofelatian?
The Eunuch?
The whole Liquid Swords album is fly
Yes!
Hi CAP!
I am going to Turks and Caicos. The weather doesn’t go over 90 in Aug
have fun its beautiful,
Enjoy and have fun!
And feel free to head over to my house in case a Hurricane (knock on hard wood) chases you out.
Were going there soon as well. Never been. Id love to hear what your thoughts are when you get back.
they say pride go-ith before the fall. what go-ith before the summer?
Ripping off scabs and banking coin, nice roll Fly.
I follwed Herr Fly into Boston Private Financial Holdings (BPFH) and bot today, a great call as chart looks great IMO. More ‘free money’ from congress when they raise spending limits (they usually do). I’m also long oil via short the SCO into hurricane season. Hot weather could generate stormy weather, hope Turks n Caicos is spared, but perhaps oil production will be slowed dwn…
Turks doesn’t get hit with canes, ever
Just RCMP raids on offshore accounts and trading firms.
That’s what Grenada said too. (Well, 1953 was their last before this IIRC).
How you rike DEM Appers? Entire Apple stores being faked in China:
http://topstories.foxnews.mobi/quickPage.html?page=17224&external=1023405.proteus.fma
http://www.foxnews.mobi/#r_http%3A//topstories.foxnews.mobi/quickPage.html%3Fpage%3D17224%26external%3D1023405.proteus.fma
they are not doing anything that the japs didnt do back in the 70’s. now there gonna rip off how the japs sell cars to minority americans.
Har Har hAr! HAns BRIX!
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“Fake Apple stores are a “particularly egregious example” of brand piracy…”
love it
BTW — Buying TZA into dollar melt down is port suicide.
Or “Port Suicide” if you are on vacation. Good rum drinks there, fwiw.
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Ummm, you are not reading again. I imagine your brain is infected
By pinecones up there.
The Pine Cone Wine is mighty fine, however it does not affect the reading comp:
“And, into the bell, I started a small position in TZA, via Aug 33 calls. I intend to buy more into strength..”
Did I misquote?
Nice thing about options, your downside is limited to the cost of the option.
_____________________
it’s so small, it’s like DEVILDOGS whole account.
ROFL.
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i told you gsvc was dead money ,,, it may move soon i see it as low as 15 where ill buy back in again. or if some other forces work on it..
in this area im raising cash
and metal stocks are good
earmings are good so ill play alont now much longer
as i said 1360 should do it
ill keep playing my futures where its safe
1347 sill do ity for ES near term,,the higher we go the more i liqidate
oh yes i boughjt.. MCP may hit 60 where ill sell it
Shut up Davel. You don’t know anything about anything.
Davel is my Pine Cone Moonshine Man.
If you hadn’t noticed.
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Giong to Turks and Caicos give Joey a call http://twitter.com/#search?q=gann360
NY to Turks & Caicos? Like from Hell to Purgatory. Me? I’ll take my August trip from Central Fl aka Hell in August to Blowing Rock, NC aka Gate to Paradise.
It’s not hot in Turks you idiot.
Blowing rock is nice. You have a place there?
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I raised cash too, sold the BA and OXY.
damn congress, no deal will put us back to kick it down the road…ahhhhh!
cat,,ouch..
Looks like we now have the populist Republican Presidential candidate: Buddy Roemer
Former Gov of Louisiana back in the day. I remember when he defeated Edwin Edwards in the Dem (Roemer was a D back then) primary. Everyone thought that was impossible. That was before Fast Eddie went to prison.
Boring open. I’m going to several pots of coffee to see if it gets more interesting.
Fly, is there a way to send you an e-mail from this site? I wanted to send you a question “Off the record”, LOL. Not digging the price action in GSVC. Traded my GSVC for BAC.