The answer to any of your questions or criticisms is the same: “I’m up nearly 20%, year to date, bitch. Thanks, now go shoot yourself out of a cannon, off of a bridge, pal.”
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts
Fly,
do you ever park cash in short term tbills or equivalent etf SHY, etc?
NEVER.
I’m up nearly 20%, year to date, bitch. Thanks, now go shoot yourself out of a cannon, off of a bridge, pal.
ouch.
He has used TLT before.
Fly,
Congratulations on the returns thus far and I expect much higher returns for you going forward! Quick question for you: I recently received a scholarship to sit for the first CFA exam, is the CFA designation something you think is worth while?
I’m up nearly 20%, year to date, bitch. Thanks, now go shoot yourself out of a cannon, off of a bridge, pal.
I have a CFA. It’s worthless.
lol
Fly, when a man’s wife asks him to take out the trash, while being careful to parse out the recycling, what is the most honorable response?
TELL HER
I’m up nearly 20%, year to date, bitch. Thanks, now go shoot yourself out of a cannon, off of a bridge, pal.
Last week I tried out your suggestion at dinner to end every sentence with PAL when talking to the wife. The look on her face was priceless. Needless to say, I haven’t gotten laid since.
That’s alright. She respects you for it.
I tried that and she thought I was being cute or something. Since that backfired, I patted her on the head while calling her pal.
To begin with, she hates getting patted on the head, calling her “pal” seemed to amplify the situation.
Damn I thought I was going to see a Victor Cruz clip.
football is for kids and immature men
Yeah, I drink coffee too…
Don’t mind him. Frustrated Jets fan. They are almost all uniformly bitter.
__________
Fly, Congrats.
I’m down nearly 20% year to date, dang. Do you think I’ll catch the market unawares if I immediately take my losses like a man and reverse all my positions? Or should I sit tight? Like a man.
Thanks!
Have you been shorting the entire run up?
Tall Sally Long All Run Long but Woefully Wrong All Year Long
THIS: I’m up nearly 20%, year to date, bitch. Thanks, now go shoot yourself out of a cannon, off of a bridge, pal.
Are you as cold as ice? Willing to sacrifice?
I’m up 1.1% ROE since your “Last Chance to Punch Your Ticket” post.
I spit on 1.1% and THIS:
I’m up nearly 20%, year to date, bitch. Thanks, now go shoot yourself out of a cannon, off of a bridge, pal.
Is Ben Bernanke opposed to same sex marriages? Especially the Greek ones?
The Bernank will have all of us married to Greece before he is through with things. But hey, a good friend of mine is greek and owns a restaurant. Makes some damn good food. Best baklava anywhere. OPA!
I’ll take two gyros, a large fry and a Budweiser, please.
AND THIS: I’m up nearly 20%, year to date, bitch. Thanks, now go shoot yourself out of a cannon, off of a bridge, pal.
Remember that little girl bragging about ripping out my spine Mortal Kombat style last summer? Soon enough she will be turning tricks for mustard sandwiches.
LOL 🙂 Pal
The Fly has struck.
http://news.yahoo.com/blogs/sideshow/mcdonald-confirms-no-longer-using-pink-slime-chemicals-171209662.html
uh Fly, while you were busy patting yourself on the back and stroking your ego with attaboys, any bozo buying index funds would be up 25% by now… Not that I am betting against Le Fly, I just expect you to outperform by grotesque proportions especially in the Year of the Fly… as for myself I am only up 15%… I was busy being cautious aka crossing my legs to hide my shrunken balls from the cool breeze that blew my fucking skirt up…
Oh really?
Point me to any index fund that is up 20% YTD and I will give you a prize.
Apologies Sir Fly, I overstepped my boundaries in your kitchen without wiping my feet and hit the post button too soon. I am still punching my top hat in the face for selling out on $gmcr $bwld $pm and $yum $cstr before their earnings call…
anyways here are some funds below that are up 20% YTD… Index funds like $spy and $dia would come close if one had the balls to double down on all the dips since Dec. 20th. Point is still the same..not hard to look like a genius when the markets are on cocaine gorilla runs. Please feel free to shoot me with your laser cannon when I jump from the bridge…
Best 30 Day Return as of Feb 7, 2012:
HBP COMEX® Silver Bull + ETF 40.73%
HBP NYMEX® Natural Gas Bear+ETF 38.54%
HBP MSCI Emerging Markets Bull+ ETF 29.28%
HBP COMEX® Copper Bull+ ETF 26.14%
HSBC Indian Equity-Premium Series 24.17%
HSBC Indian Equity-A 24.12%
HBP NYMEX Natural Gas Inverse ETF 20.31%
Callable Yield S4 20.00%
Excel Emerging Europe A (US$) 19.73%
HBP S&P/TSX GLB Base Met Bull+ ETF 19.58%
Standard Life India Equity Focus L 19.14%
Horizons COMEX Silver ETF 19.09%
Standard Life India Equity Focus E 19.05%
Standard Life India Equity Focus A 19.03%
Callable Yield S6 17.97%
iShares S&P CNX Nifty India Index 17.95%
Mackenzie Cundill Intl Cl-F(US$) 17.93%
Mackenzie Cundill Intl Cl-A(US$) 17.81%
Manulife Leveraged Co Class (US$) 17.52%
SPY is up like 6.8%. So wrong.
think outside the box..Fly isn’t up 20% by holding a couple of stocks long…
Hi Fly
mountain lakes,nj.
Fly I’m not gonna lie, a week or two ago I had a big off day after I let some of your bearish warnings get to my head and I started forcing shorts and just generally acting like an ignoramous. I’m not blaming you since ultimately it’s our responsibility as traders to make our own indendpendant judgements, but I think the prudent thing to do is to just let the bull ride itself out and be responsible as we go. Not complaining as I am up 18% YTD but just saying, enjoy the ride!
(Watch a massive pullback start tomorrow)
Not saying we won’t drop back, but what is your “trigger”?
Wednesday Evening News will bring us China CPI/PPI
Followed up into Thursday Morning with British Interest rate/Production/Trade/ASSET PURCHASE<<<<<<….
EU Interest rate
Then of course US jobs data will sprinkle more magic dust
I just go by the tape… this is a bull market. When it’s pullback time it will be obvious. My mistake in the past was trying to pre-empt the pullback and positioning short. Now I know to just keep scaling out, raising stops, and playing the setups as they come, and when the pullback comes, wait.
Fair enough, I’m not one to ‘attack’ for offering opinion or share a view. Personally I’d like to see more discussion
As far as a trigger, if we get bad news and the market closes at lows that will probably indicate weakness coming in, or any close at the lows for that matter will probably indicate a short term trend reversal / consolidation period. Since end of december we’ve just been grinding higher and never really got overbought as far as bull runs are concerned. I’m personally looking for some kind of a big blow off top, possibly in the next day or two. That would be an ideal indicator of an imminent pullback which could take us back to 1300 and let everything set up for a secondary run even higher. The Nasdaq is at 10 year highs with blue sky above and social media ipos driving the sentiment, so a pullback would be welcomed.
+24% YTD all long, (20% cash now) no leverage IRA accounts.
Big gainers were/are ACOM, SKUL, ZIOP, QPSA, BAC, GMCR, GSVC, LULU
Based on the comments, I think LeFly should get out of the office and partake in extracaricular activity, such as pushing men in wheelchairs down stairways.
No 80’s Limo service today, serious pizza to the face slaps?
I just wanted to say I salsa danced the entire song.
top hat, guaybera, no a/c, cocaine.
My daughter asked, “Why are you playing latin music?” My reply, “I’m a universalist, the most interesting man in the world.”
Thanks Fly
Low Spark Of High Heeled Boys
If you see something that looks like a star
And it’s shooting up out of the ground
And your head is spinning from a loud guitar…
And you just can’t escape from the sound
Don’t worry too much, it’ll happen to you
We were children once, playing with toys …
And the thing that you’re hearing is only the sound of
The low spark of high-heeled boys !
–
The percentage you’re paying is too high priced
While you’re living beyond all your means
And the man in the suit has just bought a new car
From the profit he’s made on your dreams
But today you just read that the man was shot dead
By a gun that didn’t make any noise
But it wasn’t the bullet that laid him to rest was
The low spark of high-heeled boys !!!
–
If you had just a minute to breathe … and they granted you one final wish
Would you ask for something like another chance ?
Or something similar as this? Don’t worry too much
It’ll happen to you as sure as your sorrows are joys …
And the thing that disturbs you is only the sound of
The low spark of high-heeled boys !!!
—
If I gave you everything that I owned and asked for nothing in return
Would you do the same for me as I would for you?
Or, take me for a ride, and strip me of everything including my pride
But spirit is something that no one destroys !
And the sound that I’m hearing is only the sound
The low spark of high-heeled boys !!!
.
.
~ Stevie Winwood & Traffic ~
.
Great tune Alf…love Traffic….
… BRAVO … uhhh … Bravo !!!
😉
.
IBC’s Fly says “He’s 95% in cash” while BlackRock’s Fink Says “Be 100% in Equities” You both can’t be right!
http://www.bloomberg.com/video/85899376/
Potentially different time frames, of course they can both be right.
This is why financial media blows. Everything is either a BUY BUY BUY or a SELL SELL SELL
There’s no such thing as a buy or a sell