Often times I get caught up in the heat of battle and forget about some of the little people out there in desperate need of assistance. The year of our lord 2011 has been especially tumultuous and has frayed the brokerage accounts of millions of uninformed plebs out there. When I think about it, frankly, it brings a singular, yet masculine, tear to my eyes.
I’d like to offer my condolences to your portfolios and lend my oversized brain to assist in your uphill battles. So, without further delay, feel free to throw out “hypothetical” questions in the comments section and I will be sure to address them in future blogs.
In the meantime, “The Fly” will be reading a book, whilst sipping on black tea infused with bergamot oil.
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Thanks in advance.
Hypothetically.
Nice!
1. Fly, you still thinking with the elevator shaft lower before CYE thesis? If so, what’s the best way to play it? Specifically, what do you think of shorting the insurance industry?
2. GSVC: Does this thing eventually see $40?
is God real?
hand over 10% of your gross income and i will tell you. your not a monkey right?
fly,
change you time, it’s one hour ahead.
I blog from the future.
Fly, you have just been appointed Chairman of the SEC…
What would you do 1st?
I think he would put Neighbor Steve in charge of Enforcement.
and catering
Is now the right time to buy a bigger house (NJ) or wait more time?
If this market goes parabolic into a Turkey Day and Santa Clause rally … what does that do to Precious Metals? Will my ZSL purchase be epic or the lump of coal in my stocking?
If you hold ZSL that long you will deserve a lump of coal in your stocking.
Just checked The PPT on ZSL – not much to go on re: seasonality -24% for November and +17% in December – only one month of data.
dumped zsl last month. cant touch that with silver @ 32 or above.
Marc,
I’m a cycle theory guy and you’re at exactly the wrong part of the cycle in all things related to Gold, namely Silver, the miners, etc. to short now. Not that you can’t catch a day or two somewhere during this next run. But the potential is for the run with ups and downs, of course, to run at least into Christmas. Disclaimer, I have 80% of my port in this stuff.
Fly, do you forsee a buy and hold market coming some time soon, maybe after the Euro finishes dissolving? This whipsawing is killing the ports of people who sometimes have to blink, or go to the bathroom, and who thus miss huge market moves. And it’s driving lots of us to sit in cash forever.
Get wifi; take your laptop to the shitter with you.
That’s what do everyday.
Eye do!
FLy – how is the Blue Radio???
favorite way to play latin america? hold refiners thru march again?
what will destroy the market first and which will hit it harder?
China banking crisis
European implosion
ditto on Mao jr’s question Plus thoughts on fertz
Fly,
If you had to pick 2 or 3 metrics to look at as two good indicators for future stock price, what would you choose?
Also, please rank these NYC rappers: Biggie, Talib Kweli, Jay Z, LL, and Nas
1. Planning anymore vacations with your Neighbor Steve?
2. Did Grandpa Fly invest in the stock market and was he proud how his Grandson Fly turned out?
3. Did you ever punch your fist through something or throw up watching a stock go big the opposite way(like in the internet bubble)?
4. What would do you do for a living if you couldn’t do this $$ management thing?
Fly, how many times will Eli Manning humiliate the New England Brady Gurls?
is the market goin up or down? will i end up in prison? will all these douche bags really get a response? thnxs.
yes, yes & yes
How do you think the upcoming budget battle will play-out? What should I invest in ahead of it?
Fly – I’ve missed the ups, downs the last 6-8 months, by being completely, 100% in cash. It’s driving me nuts how little I earn, so …
where is the best place, investment, stock, strategy to earn a bit more than the money market rate if I so choose to stay in cash?! And if it matters, it’s a 3/4-1mm account, so enough to be flexible, dangerous.
What do you think about taking a flyer on nviv for a few years!
I am down 8% on the year and hoping to close the year out on a positive note. What is your *best* idea into the end of the year?
The SEC should safeguard, by regulation, that everybody wins at least a little. Take some from the big winners, (capitalist pigs), and sprinkle it down to the little people. Like little league, everybody gets a trophy. The economy is just too cruel.
Bergamot oil is extracted from the rind of an orange and is often used in Earl Grey tea, and it acts as an antihistamine, antidepressant and has a calming effect on the body.
Have you bought any teas from Teavana?
Bergamot oil is extracted from a bergamot.
Do crack spreads really matter intermediate-term to refinery stock prices?
More specifically, what priority do said spreads have on position confidence?
Superior to galactic alignments!?
What is the meaning of life?
do you like sex?
I am down 25% this year playing those stupid 3 times ETF …
Do we have free will, or is God making my trades?
After the Occupy Wall St movement is defeated… Will “they” erect a statue of Mr. Benjaman Bernanke in Zuccatti Park as a rememberence?
Fly, why did you sell CIEN and did you sell all of it?
As a younger investor, is it better for me to just wait for downswings in the overall market and then throw money into mutual funds, rather than trade in and out of the market? Some trades succeed and others don’t, but I have a day job and don’t watch the market all day, and longterm, the market goes up. Is all the trading an exercise in futility?
buy and hold is dead
I want more stories from THE FLY of the good ole days and of stupid ex coworkers and of when first started investing, stuff like that is hilarious to read and always funny. good for perspective for other guys with less years in the business as well.
Dr. Fly, I’m trying to put together my trading plan, in order to help detach myself from the daily circus put on by the business news media.
How do you detach yourself from the BS in the news so you can purely focus on the next correct trade?
You have one year to make 50%. High risk is implicit but you’re not looking to simply throw a hail mary. How would you go about doing it, and would you choose stocks, options, multiple trades throughout the year or upfront?
is andrew ross sorkin really gay,and does he have to spoil squawk box every morning. will michelle cabesa caboosa finally show some cleavege before becky quick comes back? signed joe kernan
Something to think about — are these articacts from for some long lost civilization?
Best to you all.
Fly..The Question I have is What did you see at the start of Oct which told you there was going to be a Mega Rally??? Markets can be oversold for a long time, but what was the one special thing that told you?????
Hypo Question…What would happen if the Turkey and Santa Claus Rally fails to come?
I will answer all of your questions, and more, tomorrow.
As for stories, I will tell you about a real boiler room.
What minimum cash poition do you recommend and does it change based on conditions? Is it better to have some cash with leveraged etfs or fully invested without leverage? How do you know when to really press your bets?
And the answer to the unanswerable questions
http://www.youtube.com/watch?v=xZbKHDPPrrc
that dime I had on the steelers has started my week off great …. horrible ending
Fly,I Did finally post in your new Blogger toy, sorry about the delay.
FLY, does it ever get easier, or do you just more used to it?
*just get
Fly, when did you understand you got ready to run other people’s money? Tell us the story how you started the business. That should be interesting. And, by the way, what is your estimate of assholes to smart people ratio on the Wall Street? Tell us about the smart ones, who are they (whom you personally know)?
As the elder statesman here I am compelled
to question you as to the portion of your household income allocated to a 401k/IRA .
IMO the biggest mistake young guns make is
not understanding the value of these opportunities . Many of my peers failed
to understand the risk inherent with not
properly perparing and now they are wondering
how they will manage on meager low seven figure NAVs .
Are you going to be in that group ?
When do Uranium miners seriously light up? Am I better long triple short in Q1 2012 or just double short financials (Skiffled up)? Will the commodity complex suffer a greater face ripping than the rest of the market next Q, or will it hold up better than tech?