My recent drawback has been displeasing to say the least. But why don’t you do me a favor and kindly gander over to my position sheet and learn about the defensive nature that is Le Fly? Why thank you.
More than 45% of my portfolio is either in cash or mega-caps yielding 3%+. Another 30% is in my lunatic YELP position, which has been a store of value as of late. The rest is a pastiche of EXK, WNR, AG, MTW, AAPL and CPST. I like to consider that to be my “risky shit.”
Believe me, I am well aware that my lack of offense in this market gives the appearance of weakness. To relinquish a bit of candor onto your ugly faces, I will tell you this is the furthest thing from the truth. “The Fly” thrives best when cornered like a hungry rat looking for cheese. Nothing tests my mettle like a spiraling market lower, one that breaks smaller men in a single trading session takes an eternity to break me.
I am still up 6% for the year. Yes folks, I’ve done give back nearly 14 fucking percent in this wretched whore-bitch of a motherfucking tape (why don’t you pardon me for my verbiage?). But that’s okay. I still got my balls attached to my penis and millions of dollars to throw into the fire. I do not fret from danger, but embrace it with an effervescent spirit, bearded face, and bayonet.
I will short stocks when I am god-damned good and ready. You can short this shit at low levels, providing that is your thing, only to get fucked up in a squeeze later on. It happens to most of us, but never the best. I will kindly play the long side, from my porch, sipping on lemonade, while watching the kids play with my collection of grenades.
Until next time, this was Gentleman Fly telling ya’ll to fuck off and good night.
Sweet dreams small peas.
http://www.youtube.com/watch?v=I7O_lKNCsPo
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I’m getting pretty stripped myself. .
What kind of cheese?
My nuts are have ran thru the ringer but I have been blessed with eternal life. Time is on my side so I have no worry’s just happiness and whiskey ….thanks for the laugh Sir you truly are the greatest!!
This was a rather prescient call by Francine McKenna back around the first of the year.
“Top Short: JPMorganChase, JPM – Big mortgage and financial crisis litigation on their plate (Lehman multibillion $ case will go to trial). They’ve also got Madoff and MF Global troubles still looming. The MBIA decision means disclosures about repurchase and monoline exposure should be more explicit by the end of 1Q if not in the annual report out at end of February. I predict Dimon will be out before end of year, JPM will hit their fifty-two week low of 27.85 and go lower with news of additional reserves for litigation contingencies across the board by the end of March.”
Ha!
Horatio, gentleman or whatever is your appellation du jour, query why is devildog still in the graveyard; shouldn’t he have been resurrected by now?
My AGQ position ran pretty nicely today. Too bad I got only 1 tranche bought. PM’s could be saying that the Bearded Clam is getting ready to pull the trigger on QE3.
I did add to my UCO and TNA positions. Now long AGQ shares, TNA calls and shares and UCO calls and shares.
I’d buy TNA and will buy if we go down tomorrow.
I’ll be adding AGQ, TNA and UCO on any weakness tomorrow and next week.
I know you don’t believe in technical analysis, but the slow stochastic on $RUT finished at 0.94. The last time the slow stochastic on $RUT finished <1.0 was March 3, 2009. The oversold level to which small cap stocks as a whole have plunged is epic.
Here is the first opportunity for a martial law test….
NORAD F-16’s are already buzzing the Chicago skies for the NATO summit this weekend.
Who are they going to shoot at? OWS protestors?
http://chicago.cbslocal.com/2012/05/17/fighter-jets-in-skies-over-chicago-on-friday-morning-before-nato-summit/
It’s strange how NORAD missed those hijacked jumbo jets flying around the east coast for hours on 9/11!
Fuck youse whaler go back to Chernoble from whenst you whelped
Hours? don’t be silly. Boston to NY or DC does not take hours. And the gas tanks were full.
It’s called “learning your lesson”. They fucked up in 2001 and have done something to help reduce the chances of a similar attack. Imagine the outcry if they just sat their like jackasses and allowed another 9/11 to happen.
I’m sure your tinfoil hat, conspiracy, ass fucking buddies would have a field day with it.
* there *
No game.
Buck up Boys!, this is where the money is made. Charge to the sounds of the cannons!! BOIL. ( google it and get back to me. 20 day chart
Why the scare quotes around The Fly in your posts?
Indeud!
Well played.
After traders find out that their orders for FB IPO shares didn’t get filled, they’re going to start buying.