FLASH: RAPPER RICK ROSS SUFFERED YET ANOTHER SEIZURE

What else can be said? Two weeks ago the “no brainer” trade was to be short, indefinitely. Now the genius trade is to buy into a 13% 6 day run. This is an unbelievable short squeeze for the ages. The shorts have been entirely wiped out inside of 1 week. The amount of damage to the shorts is absolutely staggering. I am fortunate to have kept and added to longs during this run, instead of doing what my emotions dictated, which was to sell short.

Both VXX and TZA are down 17% since I bought them, stymying my current gains. Had I allocated the VXX money long, I would probably be up 25% for the year–unfuckingbelievable.

What will the market do next week? Will we continue this batman run and further eviscerate the bears? Or, will the bears strike back with their homo-catapults and bring about the end of the European fraud, by way of Italian 10 yr bonds?

All of these questions and more will be answered soon.

NOTE: “Fat Fuck” Rick Ross nearly died today. Apparently he had some sort of hamburger seizure today on an airplane, like due to all of that cocaine he snorts off his iPhone. He had to be revived and carted off to the animal hospital. Good news: he’s been released and is back to selling dope, most likely from the luxury of his brand new iPhone 4gs.

Ignore my HSOL purchase. It was just a buy of 10,000 shares aka nothing at all. I am net long, with just 25% in cash. My largest position, by far, is WNR. Aside from OPEN, my other longs are performing admirably, especially GSVC. In my opinion, GSVC is worth much more, just based on their management team. It is a long term investment for me.

Nevertheless, I have hedges, with about 8% of assets in VXX. I have another 4% of assets short EXH and some TZA in my personal. Granted, none of these positions are profitable. But that’s the whole point of being hedged. You give up gains in exchange for stability. Should the market top, my fall will be less. At the same token, over the past few days, my upside has been muted. But then again, who gives a fuck, since I’m up 16.25% year to date, aka ALL TIME MOTHERFUCKING HIGHS.

I am in my comfort zone here. I am looking for a reason to sell. However, if the market keeps chugging higher, I have no reason to sell anything. With the dollar weak and treasuries getting debased, equities are in play. Long term, this run is unsustainable. However, I did tell you to be on guard for an 8% October rally, didn’t I? This has happened before, to a lesser degree; but it has happened.

I bought HSOL for a lottery gamble.

Zynga is going public. The ticker symbol will be ZNGA. If you can’t get the ipo, buy GSVC. I don’t understand why there isn’t more hype around GSVC, as it is the only way to indirectly invest in Zynga, Facebook, Twitter and Chegg, amongst others. It is the CMGI of this generation.

Retail sales came in well above expectations, sending futures through the roof. On this news, ahead of the weekend of European debt negotiations, we are off to the races. It doesn’t matter what I think or feel. The animal spirits of the market will take over and offer death blows to those leaning short.

Into strength, I will be unwinding my positions, slowly but surely. I will most likely keep all of my WNR, which represents 15% of my assets. 321 crack spreads are north of $34 and end user demand is robust. Apparently, the economy if off to the fucking races again. That shit we just experienced in August was a mere blip in the grande scheme of things, a liquidation party of sorts for Mr. John Paulson.

Global growth is back, much to my surprise. Today’s retail sales numbers were so surprising, it literally stopped me in the midst of punching someone’s mustache off. Truly groundbreaking stuff.