I sold out of a variety of positions this morning, into strength. I was “blessed” by the Gods with an enormous IPGP scorcher. It was a top 3 position of mine. Anyway, “The Fly” has opted to adhere to the laws of nature by going to the sidelines and buying some TZA in his personal account. Over the past week, my gains were enormous, pushing my YTD returns to 13%, just 3% off annual highs. In other words, I am walking away a winner.
Now, I didn’t sell WNR or CVI because gasoline prices are dropping hard. National prices are down to $3.31, ensuring strong demand. Coupled with the fact crack and WTI-Brent spreads remain near all-time highs, I believe the refiners are a winner.
In addition to WNR and CVI, I kept 75% of my TCK position and all of my GSVC. GSVC is my high risk/high reward play, as they are invested in Facebook, Twitter, Zynga, Groupon and Chegg, just to name a few.
In case you were wondering, yes, “The Fly” will be dining like a King today, at the finest Michelin rated restaurant in NYC, guzzling down the finest ambrosia available in all of North America.
NOTE: I am still short EXH.
UPDATE: I bought a little JVA
[youtube:http://www.youtube.com/watch?v=mgHxmAsINDk 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
Oh Baby
I look forward to seeing you this evening. I will be wearing my finest Alexander Amosu sans sleeves.
it’s a good look for you.
Isn’t that the guy who Va-jay-jay-jazzles the iPhones?
(Not that there’s anything wrong with that…)
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Congrats!!
Well done Dr.
A true gentlemen among mere peasants.
Why thank you.
Great choice of music.
I see that the virus responsible for genital warts is implicated in 72% of male throat cancers, according to a Bloomberg article.
I now wonder when does Governor Perry will start forcing Texas boys to have Gardasil injections to prevent this horrible disease? So far, on this topic his lips are sealed.
Is there something you want to tell us? We won’t judge you, I promise.
Actually I’m worried on behalf of CAP who sucks his own dick. I hope he’s not feeling himself today.
I imagine the flexibility and fitness necessary to actually suck your own dick would imply a healthy lifestyle – aside from the sucking your own dick part.
Sound like bad news for those gals who enjoy a close carpet inspection.
Which I believe is pretty much all of them.
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Treu, we don’t want the next generation to come to grief.
So shave the taco first, look for warts before eatning it?
So if you see warts, dig in? Seems like that’s what you’re implying.
Congratulations Mr. Topem “Plutonium Petey” Hat
LOL Fitch downgrades Europe mid-day and the ES takes out all the stops I wonder how many contracts they were short?
damn it why don’t I blast the classical like this shit more often.
You’ll appreciate “The Vienna Classics Volume Set.”
It’s worth the $ 3 or whatever.
Fucking impressive Fly. Have been watching you trade this whole past week, while I, due to a host of reasons, have largely been sitting on my hands and waiting for some resolution.
Beethoven wrote this music when he was deaf.
I thunk I heard that before… .
Have a splendid wknd M. Fly!
Flip flop….hip hop…….
man……the lack of conviction here is a real limp noodle. Are we trading or are we investing??
common….who’d invest in America now?…or ever more for that matter?
Late day sell….duh!! – strength will be sold all week – but as currencies clearly show. – We go higher.
The volatility will crush small boys – bulls n bears alike.
Im playin the bounce – CAREFULLY..as seen in AUD/USD as a barometer (aud/jpy as well)
Don’t puss out here…..a day a trend ‘does not make’.