I sold out of TDC, CLF, WFR, TNA and BZH, raising my cash levels to 30%. I did this to “lock-in” my victory. The truth is, if I didn’t lock it in and we dove lower after the Fed meeting on Wednesday, I’d have no choice but to eat my face off (no bath salts). I am not bearish on the market, only cautious.
My gains stand at around 14.5%, amidst smoke and rubble. My annual highs were about +20%. I believe a give back of just 5% is entirely acceptable for the “experience” I just endured. Nevertheless, I am still heavily concentrated in YELP, which poses a significant risk to my position should we trade lower. Also, my positions in CPST, NUAN, AVGO, NXPI and MTW are not exactly the conservative type.
On a separate note, I am glad to see AAPL above my basis. I believe it has regained its footing and will goose step to new highs.
As always, “The Fly” won, despite your ridiculous predictions of failure. SHAME ON YOU.
The Gods smile upon me and shit on you.
http://www.youtube.com/watch?v=zwky6LIL-_I&feature=player_embedded
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YAY
Can Rick Ross ever actually be “on top”, if you know what I mean?
eat my face off (no bath salts)
hilarious
Yeah, right. Especially if you were on that Miami bridge at the time bath salts became exquisite, you would have had a wet thong.
indeud!
doubled my pos in gld, 50% cash.
Fly, nice come back! I’m surprised you are not cutting back your holding of YELP at this point after the “experience”. I like that fact your raise your cash level.
natty gas on the move again today by the tune of 6%
5% loss is losing no matter how you spin it. But I follow you like a child and I’m happy you’ve partially come outta this mess of the last couple months relatively unscathed
Shut up, bitch. I am +14.5%.
In my book, which is not based upon inverse laws, I won.
normally I’d agree with you because “selling the top” is a losing strategy. But you held out from buying the top, then held out, then held out some more. Finally you bought and suffered and predicted that it would happen that way long before it actually did… so in reality (no inverse), -5% is a loss. Cheer up champ, you’re still The Fly
Chico
Banned
To step to me here today, after I rose from the ashes, with lies and insults, is a sin that cannot go unpunished.
You are hereby banished from court and will never access the site again.
More imaginary dribble for the sheeple masses here….think for yourselves folks.
yo mamma.
>>>“selling the top” is a losing strategy.<<<
Huh?
Not that it matters, since you’ve gone bye-bye now; but when did selling the top become a losing strategy? When did net gains of almost 15% become a loss?
Fly says…
“…annual highs were about +20%.”
“… give back of just 5%”
____________________
= “My gains stand at around 14.5%”
I’d give back 5% for almost 15% gains.
So sophisticated it bears repeating
Fly, what happened to your aggressive personal account? You haven’t updated on its status for quite some time. Just curious.
Sold Ag too
For those mentally handicap individuals who thought it would be a brilliant move to invest in VIX indexes for the week..well, enjoy getting pummeled in the ass by the wrath of Zeus and his greek god disciples.
The retards out there just make me sick. Fear indexes are for the weak. I am so pro-swine flu at this point that its fucking absurd.
But then again, the retards are the ones who contribute heavily to the liquidity and market making of this corrupt casino game we call the stock market.
The fear mongols and short sellers are the bane of society.
-Sleek
I told you all so, so did Fly. I would like to talk more, but I must go spend some of my gains in the Caribbean.
told us? what?
CLF is a long-term favorite, one i track on http://www.simitrade.com – the resource sector is on shaky ground: expect better prices in the days and in the weeks ahead. After that, the future for coal, nat gas is cloudy.
chill fly…who are you trying to convince on your winship..you or us? sounds like you’re in hypester overdrive on da self pump…cheers!
Fly
<3
It’s called taking profits, yes?
And there is no god
god told me your wrong.
The fly said there is no god, who are you going to believe?
good point but when things go bad, i dont say fly damn it!
It only takes 3 weeks to change a habit.
wow, the nuns i know wont change 4 nutin.
… with all the “bullish giddyness” … you’d think we were UP 300 pts.
—
Dow
NYSE
S&P
Ok … the NAZ did “punch off mustaches” (as it were) … I’ll givethabulls that one !
Nevertheless …
STILL … SHORTER Than Verne Troyer !!!
.
… supposed to have read …
Dow (DOWN)
NYSE (DOWN)
S&P and RUT (UP barely)
… not sure what happened there !
.
You count Nasdaq or no!?
… I do indeed !
My SHORT position is reflected more so by the NAZ … sadly !
Today was not a good day for my position !
.
john silb says: nigeria just promised greece 6t in loans.
… was there any mention of male genitalia, human excrement or bodily fluids in his post ???
I would be shocked if there weren’t !
.
something about sand paper sally turnin in to creamy kate?
i will assume that since the ‘all in crowd ” could not rally the market to the new 2012 high ,off of the 2012 new low, it might be time for me to take a few minutes and wonder why
they were busy makin other plans
What’s an “all in crowd?”
a pissed off mob
… I spent a decent part of my day today reading Josh Brown’s (Reformed Broker) blog … this was before there was any mention here of the “25 List” btw !!!
—
I came to this conclusion …
Señor Fly and Joshua M. Brown are either one and the same … or … they were separated at birth !
The similarities are pretty striking ! imo
.
I influence a lot of bloggers, been ruling on the throne for five years.
… what I descerned in reading Josh’s blog was not some “influence” from one blogger to another ! It was much more nuanced than that ! Hard to put my finger on !
Uncanny though !
.
Alf
I’d have to be a robot to be able to maintain both sites.
Maybe Fly has a twin. Not sure if this is plain scary or just too cool.
How may entropy be reversed?
a parking lot cop could do that
Ha, nice.
… or, a “Space Alien Magician” … with a well trained staff !
Not far fetched at all !
.
Good point!
BUSTED !!!???!!!
.
Señor Fly … meet … Joshua M. Brown !
Joshua M. Brown … meet … Señor Fly !
—
Oh … I see you two already know one another !
Ah hem … AWKWARD !!!
.
You are way off Sherlock Alf. Not a chance whatsoever. I read both, very different people.
Nah, your theory didn’t pass the critical test: you are only banned on one of the blogs 🙂
not far fetched at all
msft, buy?
bot wprt, 30.10
http://www.microsoft.com/surface/en/us/about.aspx
http://www.youtube.com/watch?v=dpzu3HM2CIo&feature=player_embedded
russia,china iran,syira to hold war exercise? WTF…
Bring the war
ok but i still have clothes in the dryer. give me 20 minuets
Bring war? That is fucking sick.
Reality is there was never an ‘arab spring’ It’s Shia (Iran, Syria – a bunch of murderers) vs Sunni’s Muslim brotherhood (aother bunch of nazi-like murderers). The ‘brotherhood’ has already taken N Africa and with Erdogan’s help in Turkey the second to last domino to fall is Syria. The media hasd been farcically wrong as usual in labeling it ‘democracy’. The US led by Obama’s bowing and kissing the Saudi king (literally!) has taken the side of the muzzie brotherhood (who trust me are EVERY BIT as evil as the shia in Iran/Syria but are much better at PR) so Russia and China are backing the other Muslim-Nazi’s.
It is a disgrace to back EITHER side…
Media, get it right! It’s:’Islamic Spring’ NOT ‘Arab Spring’
because they know the euro merchants might bust a move to the oil
THIS IS FUCKIN NUTS….
http://beforeitsnews.com/story/2275/657/Russia,_China,_Iran_Plan_To_Stage_In_Syria_Biggest_Mid-East_Military_Exercise_Ever.html
But debka is not credible.
Anyone else cite this supposed activity? Any reputable sources?
Well, Glenn Beck was talking about it today…
look for yourself.
Roses are red,
violets are blue.
“The Fly” wins again,
and haters eat poo.
frickin beeeautiful do u rite fer a livin?
STFU
NUAN needs sub $16.5 before it is a long term buy….~Q
Stfu.
I’ve been seing reports on Russian activity last few days from UK sources
lol, my cat just told me we dont have an iguana any more.
Important message from the V.King:
America… Fuck Yeah!!!
God Bless America. Had a V.King day yesterday…and that’s all that matters.
Blind Dead Rant
Best wishes. to Fly and “others” …
Later on that day, my homey
Dr. Dre came through with a gang of Tanqueray …
And a fat ass J of some bubonic chronic… that made me choke, shit, this ain’t no joke …
—
Takin’ tha day off !!!
My Birthday !!!
June Teenth !!!
.
… yes !
… fuck you !
… I AM OLDER !
—–
… I WILL EAT YOUR LIVER WITH A NICE CHIANTE … AND FAVE BEAN !!!
YUM !!!
.
happy birthday
TYVM !!!
.