iBankCoin
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
23,445 Blog Posts

Gobble, Gobble, Motherfuckers

I went long NXPI position. That will be my sole tech play. I am playing this bounce very simple and will not confuse things with unnecessary positions. There is little to no chance of surprise negative news this week, on a micro and marco level. It is a waste of time and transaction cost to broadly diversify in a market that is trading as a convoy. Therefore, I am sticking with 4, maybe 5, names for now.

VHC, EXK, SWHC and NXPI.

I might add to that list later on today or tomorrow.

My intention is to reduce cash from 45% to about 20%, then get back to cash by Friday. It’s a gamblers paradise out there and I’m destined to get mine.

The market is bouncing off the fucking walls here. Any semblance of good news is likely to fuck up shorts something awful this week. All of the problems still persists, but it’s the week of grandiose gluttony this week. For the love of Fed calls and negative equity balances, quit shitting in your showers. Get out there and kill something!

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13 comments

  1. Juice

    numero uno, i tink

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  2. Juice

    Fly, got any Iron Dome plays for turkey day?

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  3. TraderCaddy

    Ever consider any Japanese stocks based upon a weakening Yen (finally) and an election next month where the opposition party (is in the lead) wants to print more Yen than Uncle Ben has clams. It will be a race with the dollar to see who can debase first.
    Could be a Japan rerun of the ’80s ( you may have been too busy then watching Inspector Gadget or Count Duckula cartoons).

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  4. ultramarine

    Gobble, gobble, indeud! All my holdings are green today, which I was not expecting.

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  5. Lace 'em Up

    Portfolio turkeys will be deboned, emasculated and drowned in their gravy on Black Friday.

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  6. JTU

    CAC and DAX indices are up over 2.5%!

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  7. Dan Dangerdance

    Indeud, money can still be printed in the next few days, for the nimble. Le Fly is showing his 50 point IQ advantage by knowing his exit point. before Israel spins nuclear-tipped frisbees at Iranian mountain facilities. Meanwhile, for daytraders with even a spaz IQ, $$ will be made buying AAPL and GOOG intraday pullbacks, and selling a few bucks up. Unless you were buying them into the hole last week, as I was, since my IQ is within spitting distance of Le Fly’s, yet equally as twisted, while admitting that this forum has many Men of exceptional IQ’s, who’s posts I find fascinating and enjoyable.

    More important than money, is Art, and we should all complement Le Fly or his graphic designer, OR the guy Mr. Fly stole that “Thankskilling” turkey graphic from, a work of genius that should be hanging alongside other major works of Art at “MoMA”, and MoMA can COOK a fucking turkey.

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  8. charlie

    SVM to 6 and YELP to 20 before the bird’s pulled out of the deep fryer.

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  9. Bill

    Master Fly,

    Whats going on with VHC, Its not participating in todays rally.

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    • Gay Enola

      It’s a piece of shit, that’s why.

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    • vhc

      because it is another Great Pick by The Fly.
      same as the all other picks.
      OSG
      MCP
      NAK
      PPC
      TC
      JIVE
      he did lucked out on ANR though, briefly.

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