I dodged some serious munitions today, matrix style, by selling RGLD, NGD, BZH and EXK. I didn’t exactly knock the cover off the ball with new purchases, but I saved a great deal of money through using the power of intuition.
I can sense the groove is back, as I am able to make money at will again. For the day, I gained 1.3%, putting YTD returns in the mid 13% range. I am really feeling GSVC, ahead of the Zynga and Facebook ipo’s and feel it’s only a matter of time until real money is allocated into this stock. I’ve been trying to reach out to management. But they seem to not give a fuck about their investors. The truth of the matter is, I am one of their biggest independent investors, owner of several hundred thousand shares. Yet, these brainless goat-fuckers can’t find 10 minutes to entertain my rage. I am sure Mr. Moe will read this and suddenly become a bit more receptive, although I wouldn’t bet on it.
The refiners have bottomed. There I said it. I am an owner and buyer of WNR and CVI on weakness. I can buy a lot more too, as both positions are not large.
I held onto one precious metal stock, AG, and it did okay. I am a buyer of silver miners on dips, but a seller of AG above $17.
It was a great week and you should be proud of yourselves for holding the front lines in the face of grotesque panoply, fending off attacks by jheri curl’d bears. Don’t fall asleep at the turret, however. The grimaldi men will be back at it next week or my name isn’t Captain Swordsman (no homo).
http://www.youtube.com/watch?v=whRRR08A3Ac
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fig, dammit
Fly always impresses with his wide variety musical choices. Yesterday Ross today Eno.
I love it…..Gerry (or Jheri according to Wikipedia – I had to look it up) curled Bears. You deserve a pat on the back yourself, young man – for investing with conviction and sticking Clorox-filled syringes up the ass of any Bear in the vicinity of your grill.
Fuck that cock-sucking prick, @stephenLweiss. You sniffed his ass out from the outset and exposed him for what he is: A needle-dick fraud. That Soul Glow be oozing from his weave as I type. Enjoy a fantastic weekend, Fly. Stay sharp with the calls.
lol, His twitter handle appeared.
When did Fly sniff the SLW out?…when did this happen…I missed it?
On twitter
Too bad the jheri curl’d bear doesn’t mention in his expert credentials that he got fired from those jobs listed, and that his hedge fund failed within 12 months…a true fraud.
Those that can’t do…become experts on CNBC.
jheri curl!
Just let your soul glow.
dude, whazzzzzzup.are you pissed about letting go a certain pm?
great muzak fer sittin on the boat watchin the sunset
Razor, did you play pro football, or baseball?
jock sniffer lmao
Nice job, but I saw no reason to buy today when Monday will bring lower prices in commodities. JMHO.
I took some ATPG down here … could pull back some but prime for a short squeeze with them selling off some assets to fix the BS.
FYI – After the close on Friday, there was an announcement that ATPG was added to the NASDAQ-400 and NASDAQ-500 indexes effective Dec 19th. This should provide some buy side volume, which ATPG has been sorely lacking in recently.
socks
With you on the $GSVC. Have a good weekend Dr.
WHEW,
thought we’d get the video “Thelma got her groove back” .. coronary avoided
sorry Stella … at least you know I am not up on this to a tee …
Great tune. I love David Byrne. His book Bicycle Diaries is a great read.
It’s so nice to come here and not see oddly spaced annoying posts. Thank you.
Cramer never buys anything he says to buy on TV as well. So, why do you abuse him?
Once again I wanna lol at Fly for TEA. Lol lol lol
Why lol when you can be BANNED?
The pullback in TEA is exactly what I was looking for, as this is a long term buy.
Side note: your homo friend Cramer recd TEA this morning at $18.5 on cnbc. Bozo.
see you at 0 in 2 months. Lol @TEA.
Roc
You are a brainless small dicked Fucktard
Banned
I’d be pleased if TEA went to 0 in 2 months… then I could buy the entire company for free.
dodged some serious munitions today, matrix style, Yaa Ya Did !
NGD New Gold Weekly Chart Potential H&S,NEM Newmont Mining Weekly Chart Negative Divergence
Newmont Mining Weekly Chart Negative Divergence
NEM weekly chart shows the rising red wedge and negative divergence causing the 2010 spank down.
IAG IAMGOLD Corp Weekly Chart Negative Divergence
AUY Yamana Gold Weekly Chart Negative DivergenceABX Barrick Gold Daily Chart Negative Divergence
,
,on and on !
full steam ahead. If that was steam then I have a stanley steamer for ya. Your broad market calls are absolutely rediculous.
I bet your command of the English language is significantly worse.
Congressional Republicans must be holding large short TF’s…..
wtf is up with that song?? try some merle haggard
http://www.youtube.com/watch?feature=player_detailpage&v=eFHJ41ktt3Q
Fuck all that shit. I got Kentucky over NC Tarheels tomorrow. Awesome hoops! Then, big men’s big time, Wisconsin over MSU. In between, AMRN run by a Polska CEO in Dublin, Eire. WTF nots to like.
Did the horse try to give you legal advice, El Fly?
You mean like the time Mr. Ed was giving Wilbur horse picks at the track.
http://www.imdb.com/video/hulu/vi3753547801/
leaving for a week to Jamaica, wishing you all a great trading week next week! May my fav pet (TNA) reach $80 🙂
Omen, Have fun. $80 would be nice for the holidays.
Jamaica is pretty scary.
If you must go, the best place to stay is the town of Negril, and stay on the resort property, especially at night.
Jamaica isn’t the Bob Marley feelgood place from the early 70’s, bra.
It is an overpopulated island with a lot of desperate folks. (A good job pays $40 a month)
Also, take a suitcase full of Nike gear, you will sell it all at a huge profit to the locals. They LOVE that schwag down there for some reason.
watch out for that guy Moe. Just sayin’
GSVC- This weeks Barron’s has a story about Fly’s story stock pick.
http://online.barrons.com/article/SB50001424052748703922804577066354256761534.html?mod=BOL_hpp_mag
looking for that market moving news to come down the pike, thus far all I’ve got is:
Herman Cain suspends campaign to spend more time with your wife:
http://www.chicagotribune.com/news/politics/chi-12032011-cain-decision-story,0,279640.story
California going to eliminate border with Mexico:
http://azstarnet.com/article_48fae88f-aedc-59ee-b117-d97c19d9fb94.html
Obama going to work super hard on creating jobs for the next 17 days (on the beach in Hawaii at your expense):
http://www.dailymail.co.uk/news/article-2069471/President-Obama-jet-Hawaii-SEVENTEEN-DAY-Christmas-holiday.html
Fly, FYI TEA let their cash balance get to $36,000. Not smart IMO.
so, are we in happy mode now, or just waiting until dec 12 to make a few points before the cliff?
http://www.economist.com/node/21541016?fsrc=scn/fb/wl/ar/thehorsemenapproach
It looks like Treasuries are becoming more attractive, as Hedge-fund managers and other large speculators reversed from a net-short position to a net-long position in 10-year note futures in the week ending Nov. 29th.
(perhaps a reason for money to shift out of the risk-on bet with equities?)
Major miner Rio Tinto’s CEO talks about continuing metals volatility and price swings, as well as some interesting views on the near-term and 2012:
http://www.bloomberg.com/news/2011-12-03/rio-expects-commodity-price-swings-as-markets-consider-economic-prospects.html
some of the parallels are spookily familiar. The Panic of 1873, as it was later known, came about because on May 9 of that year Germany abandoned the silver standard, stopped minting coins and caused a drop in demand for the metal.
Oh dear! are you still in TEA?
lol jofahmy selling shit for 2k
Then there is this………
Old news but throw it into the mix and it throws an interesting light into some dark corners.
GATA has evidence that there are enormous physical short positions
in the gold and silver markets that cannot be covered. Because of the
decades-long interference with the gold market, we estimate that the
free-market price of gold is multiples of the current price. Growing
stress caused by burgeoning physical bullion demand is threatening to
lead to a price explosion, which will restore to the market the balance
that regulation has failed to maintain. In our view, the Comex paper
market will become dysfunctional, with “force majeure” having to be
declared as the concentrated shorts are unable to deliver on their
obligations.