You bastards went to bed happy, thinking Le Fly finally got ground into dust, via FFIV. Well, you’re fucking wrong. This whole time I was actually short the stock. Just kidding. Actually, I don’t like to kid, for life, and especially this shit, isn’t a game. It never was and I don’t give a shit about the fall colors.
Fuck the fall and fuck FFIV.
However, curiously, I find myself +1% this morning, thanks to VHC, TC, DECK and MCP. Of course I am pissed, after selling DDD to buy FFIV. It was the worst trade in the world. But as you can see by my morning swagger (no sashay), “The Fly” is doing just fine.
As I pen this stupid masterpiece, my fortunes have taken a mysterious turn for the worse. Instead of editing this, like some of you dicksucking bloggers out there, I stream in real time. Get this, my ‘morning swagger’ has been trimmed to just 0.2%. I am not feeling so boastful anymore, especially with FFIV getting pummeled in the nuts like this, down a broker’s dozen.
Moving on, the market really needs to bounce today. If we reverse lower again, I’m afraid we can slip a quick 1-3%, just for sport. It’s true, the gravitational laws of supreme mathematics have dictated to us that stocks are due to climb higher. So, like any servant of probability, I’ve opted to sit tight and “enjoy the ride.”
At the close of this blog, “The Fly” was up 0.5%.
24 Responses to Winning While Losing
Paranoia will destroy ya…
Kinks wrote a song about that
But what if people are REALLY out to get you?
We are our worst enemies…
Actually, the CEO of FFIV is my worst enemy. I’d like to drop him into a war zone.
Obama has ruined the economy, and now the markets will inevitably follow. Why does Obama’s idiotic economic theory of high tax and spend and socialist control go unanswered? This is Chicago style politics on a national scale. There was a time they
gave out $5 liquor bottles to Democrat voters in Chicago, now it’s food stamps to 47 million Americans. Why work for $1500 a month at Walmart when you can just stay home and collect the same thing in welfare? If success and production are overtaxed people
will simply stop working so hard to be productive because it will no longer be worth it, then we will have the former USSR and lines for toilet paper. Is that really what we all want? Obama is a great speaker, a master of sophistry but of no substance.
There is a brilliant article by Thomas Sowell “The Fallacy of Redistribution” which covers this perfectly:
In part Sowell says here:
“In theory, confiscating the wealth of the more successful people ought to make the
rest of the society more prosperous. But when the Soviet Union confiscated the wealth
of successful farmers, food became scarce. As many people died of starvation under Stalin in the 1930s as died in Hitler’s Holocaust in the 1940s.”
-In other words people STOP WORKING HARD if they know that there’s no incentive.
Another great point Sowell makes:
“If confiscatory policies can produce counterproductive repercussions in a dictatorship, they are even harder to carry out in a democracy. A dictatorship can suddenly swoop down and grab whatever it wants. But a democracy must first have public discussions and debates. Those who are targeted for confiscation can see the handwriting on the wall, and act accordingly.”
-In other words the rich will simply LEAVE and take their assets with them leaving the country with less jobs and less GDP; and that’s just economics, on national security it is far worse.
We still do not really know who Barack Hussein Obama really is. No college transcripts, no coverage of his childhood (where he lived until he was 10) in Indonesia, no mention of half his families connection to the Saudis, no mention of the ethics/beliefs of either of his fathers and who they raised him to be (he even titled one of his books ‘Dreams of my father’) a MUST read for anyone crazy enough to support him. His radical friends, from Rashid Khalidi to Bill Ayers to Rev Wright and the rest of the radical left have surely shaped his vision of America. In my opinion Obama is a multinationalist; he sees America as just one more country in the ‘family of nations’ and nothing special. I have grave doubts as to his loyalties based on his friends, mentors and mysterious background.
I believe Fast and Furious is being covered up because his administration wanted to outlaw guns by first releasing them to murderous gangs and then saying, there you see? guns are bad. This ‘investigation’ has been stalled and will no doubt stay
stalled until AFTER Nov 7th. Why won’t Obama call the Ft Hood shooting, where a shooter yelled out ‘Allah Akbar’ and opened fire on our soldiers a terrorist incident? Why does he roll out the red carpet for Muslim terrorist radicals at the White House? Why did he topple Mubarak and support the Muslim Brotherhood in Egypt and throughout the arab world?
There has been no playing of the video in mainstream media where he gave his infamous ‘redistribution’ speech’ years ago. He was simply never vetted properly by the those who are in control. He is hiding his past, actively and maliciously. No other president or candidate could ever get away with what he has done with his complicit media helpers – like the second debate moderator – I eat too much candy, Crowley – It’s very legitimate to ask to see these records as they have never been shown.
Trump is an idiot, but he did make a great point the other day -Why not come clean? He gave the incentive of a large donation in the process to any worthy charity – American Cancer society etc… Finally someone had the guts to call Obama on his lies and coverups – I for one wonder Whose team he is on.
Seriously, What possible reason does Obama have for refusing to release these basic documents, unless they reveal bad things about him?
Treu…..it was long winded and possibly not the place for that discussion……but nothing said was malicious or false.
Why doesn’t Trump reveal where he got the squirrel from on top of his head? Unless it might prove bad things about him.
If you run for president of our nation, the people have a right to know your past.
I have a feeling that Obama getting defeated would be the worst thing that could happen to you. You would have nothing to channel your anger towards, and be forced to move on to some other long-ago-disproved conspiracy theory.
Earnings are the only play. Stock prices jump or fall like crazy based on a quarter’s results. Otherwise, the market is frozen waiting for election results.
DDD up over 16% and still holding.
The art of a short squeeze.
DDD up over 19% and I’m blowing my load!
Is anyone noticing that Treasury yields are soaring on a daily basis regardless of what stocks do?
This smells like a funding crisis but I’m not ready to call it yet. The bond vigilantes are finally starting to make some noise as they flip a middle finger to the bearded clam!
I am out of DECK at 37.93 and planning to get out partially on VHC at 31.99 if it goes there.
Whats your exit point for VHC do you plan to hold through the trial.
On a different note how do you invest for longer term funds. Do
you have investment for steady source of growth. Please do a post when you have time.
And thanks again for VHC its helping my portfolio big time.
I am likely to hold VHC through trial. DECK decision will be made today.
I don’t buy funds.
i’m eating sandwiches till next week..this is all noise
Well Tiger Woods even hits it out of bounds once in a while, I’m just a minion who missed the sell on Anr guess I’ll have to suffer the consequences loss puts me below 25k so hate to take it puts me out as daytrader but I’m just not that good… as Romney knows u just can’t fix stupid, i’m so dumb
Fly, your comments please regarding DDD. Are earnings enough to justify P/E multiple?
FFIV was not the worst trade in the world. Being short facebook since Monday was. I lost another 2 billion on this bitch. Stocks are hard.
DDD’s earnings should drop the P/E from approx. 65 to 30. That’s probably inline for a high growth company.
This could be an eventual 10-banger!
Hey fly, keep these twitter polls going and diversify the questions. It’s really great seeing the ibankcoin users perceptions on various topics. Nice to have more interactivity amongst users.