I sold CROX, ADTN and NAK today for flat, +3%, +15% gains. Do you want to know why I sold them?
I sold them because I am being anchored to death in VHC. I just gave back a few million in gains. NO BIG DEAL, coming off of a 7 figure SWHC loss. I started the month of December with a very large penis, 50% cash, on top of the world. Now I’m throwing dirt bombs at my own face, generally hating life and every single person in the business of investing.
It’s my worst December since the year I killed Santa Claus and it’s only going to get worse.
I’m 20% cash and only +12% for the year, quickly giving back my gains–fueled by one exogenous event after another.
Now some of you four figure players might take this disclosure as a license to deride me with adolescent comments. Check this out: I WILL FUCKING KILL YOU. I can easily track you down via my server and drive to your bullshit housing tenement, wait for you to go to the corner bodega, then Breitbart your dumb ass.
Aside from that, I’m getting ready for Christmas, driving Mrs. Fly around town, trying to bankrupt myself for the sake of my rotten friends and lovely family.
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I’m in the same fucking place, getting ready to fly out to your coast.
I was down .26% today and after adjustung for currency I was probably closer to breaking even.
Not exactly a bloodbath!
I didin`t pick anything up today because I couldn`t find anything cheap enough.
If the market shoots higher on Monday, I`ll regret it. If the market heads lower I`ll be tempted to nibble.
I`m up 9.6% for the year, nothing to brag about. Shitty actually!
Dow is up 7.97% YTD
S&P is up 13.72% YTD
Nasdaq is up 15.96 YTD
In hindsight I could have allocated funds into those 3 indexes equally and I would have been further ahead without all the daily aggravation and headaches!
It sure makes you wonder.
Are you retarded?
Duh…why do you ask?
Because this is who I am.
“http://www.youtube.com/embed/xGxDS10VAbg?feature=player_detailpage”
I’m so fucking retarded.
NRA Executive Vice President Wayne LaPierre says that schools are the safest place to inflict maximum mayhem with minimum risk!
http://www.ksdk.com/news/article/353401/3/Newtown-on-NRA-speech-Completely-off-the-mark-
This guy is fucked up and should be one of the first required to take a mental evaluation test!
No, yeah, the 20 year old picked the random kindergarten because it was full of mature adults armed to the teeth that he knew happened to have no family…
Do you understand why Roosevelt named Kennedy Sr as the first head of the SEC? Because Kennedy was great at catching manipulation. He would know; he was pretty familiar with it.
People who are afraid of guns, who have never held a gun, who don’t know what it’s like to question “who’s carrying concealed right now and who isn’t?”…you don’t stand a freaking chance of stopping shootings.
Actually there are many in law enforcement and the anti terrorism “industry” who back up that idea 100%.
I think he is dead nuts on. These psychopaths don’t pick out movie theaters, shopping malls and schools because they are expecting resistance. They pick them out because those places are a target rich and easy environment in which to operate.
Do a little reading about the mall shooting out West and you’ll see why that ended with such a low casualty count.
Heaterman, funny that the MSM doesn’t talk a lot about why the mall shooting had a low casualty count. In fact, that story was DOA (sorry, poor choice of puns) because of how it ended.
The MSM should be listed under definitions of “conspiracy”, “agenda”, “subversive”, “socialist” and other words like those in Websters dictionary.
All it takes is one bullet in the perp’s general direction and the shooter goes on the defense… because if he doesn’t, his little agenda is smoked forever, as is his life.
What kind of motherfucking pussy are you that you assume every gun owner would not quickly point a loaded weapon at the head of a man shooting kids?
What your post says to me is that you would never go out of your way to save another human being, if given the chance to do so. You have the chance right now, you sorry ass motherfucker. Go get your concealed weapons permit and learn how to protect life, you fucking shit-for-brains loser.
Remind me never to save your ass when you are getting gang-raped by a bunch of hooligans.
But isn’t that why the nuts target a school? Because they know no one can fight back and stop them in their tracks while the massacre is ongoing? Can you explain why no one targets a shooting range for a gun massacre. Yeah, that’s why.
Fly – following your tough year has been very invaluable. Although all the portfolio swings suck, it’s been a great learning experience.
Where you from ? That’s La Michoacana, not bodega.
“Worst December since I killed Santa” …. Classic
Wow!
12 fucking % for you is unfuckingbelievable!
It’s still not bad compared to the averages of us fucking common fucking folk but for all the hard work that was required on your part, to achieve only that after being up roughly 38%, well that just really sucks!
No disrespect but for you, you have made some pretty unlucky calls this year, especially lately, that didn’t quite go your way!
I was up over 30% earlier.
A couple weeks ago a Best Buy manager told me there are about five car break ins every weekend this time of year. A high crime tell is if many parked cars in the lot have one person sitting inside.
That is someone staying with the car (and the items already bought) while another family member is inside shopping.
The manager said many of the thiefs are professional and are in and out in a flash. Some use vans with sliding glass doors, they pull up close, smash the window and grab, never leaving their van.
sold UVXY today
bought XIV
back in cumbucket ( yes homo ) VHC @ 31
no complaints other than nothing on ‘ sale ‘ today despite a triple digit drop
Why the fruck is RINO trading?
Up 400% today.
Broken robots?
http://finviz.com/quote.ashx?t=rino&ty=c&ta=1&p=d
Some pump & dump penny stock that trades less Than $1000 worth of stock in a day? Why do you care why it’s trading?
It was a Chinese reverse merger a few years ago. Trading was halted and it was relegated to the pink sheets. Suddenly it trades again.
I did not realize it was still in the pinks. I thought it was on an exchange and wondered WTF was going on. Especially when owners of the common were wiped out.
I wonder about shit like that and thought I would comment.
Any other questions?
No. Just wondered what your interest was in it.
Weird stock indeed. It reminds me of stocks like BFGC, that this web site I read about in the comment section of a good Elliott Wave web site, used to recommend. They would trade less than $1000 a day. Strange stocks. I never touch anything with volume that low.
lol
O.K All Bullshit aside!
Fly, for the woman in your life that has everything, (presumably your wife), what is a great gift idea for Christmas?
Keep in mind, on a pleb’s salary.
I need fucking ideas!!!
You can go to Sephora and get her a perfume sampler, for like $50. It has about 20 samples and once she decides her favorite, I believe a full bottle is greatly discounted because you bought sampler.
Other than that, you can’t go wrong in Michael Kors. If that’s too much, try clothes from Macy’s, all on sale from 25-50% now.
I was doing great with my two oldest boys at American Eagle, the store is among many clothing stores offering 40 percent off on most clothes. However, Macy’s killed me when the boys sauntered over to the Ralph Lauren department. Young males love Ralph’s clothing line and, since Christmas only comes once a year and my kids hardly ever ask me for anything, I just said “Get what you want!”
lol. My 11 y.o. goes cuckoo for Ralph Lauren.
Thanks Fly, those are actually some good ideas!
I looked up Sephora and could only find a 4-piece sampler. I’ll have to investigate further.
I’m from Canada so I don’t think that sampler from Sephora’s is available here.
If your wife likes to work out, go to LULU lemon.
My wife does not like to work out but she is actually still pretty hot. I`m bias of course. Great genes I guess!
LULU lemon is another great idea though, she would look good in any of their clothes and who knows, it might even encourage her to work out a little.
DO NOT BUY HER CLOTHES BECAUSE IT MIGHT ENCOURAGE HER TO WORK OUT! Might as well light the money on fire cause she won’t change.
My girlfriend likes the sporty Adidas stuff and we went shopping last weekend. She goes, “Haha, it looks like I workout but I really don’t!” Lucky for her she is skinny, but if I eat a milkshake my ass jiggles for a week!
If she looks good in lulu lemon, wouldn’t you rather her wear those at home, where you are, than to go out in public in them? Something I just don’t understand about some men.
Ha Ha.
If I bought my wife any of that she would have me committed.
She is a country girl from 0hio and when we got engaged she didn’t want a ring. She wanted a sewing machine ( I did get the ring on our 30th anniversary).
Me?
I thought Sephora was the capital of Bulgaria. ( they must have named it after the city).
I asked my mom what she wants for xmas, she said a can opener… That was friggin hilarious!
I remember when I was about 7 years old, my dad got my mom a trash can on wheels. Of course he told her it came from me.
12% then you gotta pay the tax man too,….all of a sudden not as rosy as in june.
But i would trade places wit ya.
Fing hilarious…merry Christmas… Go buy a 9mm and smile
le flea is histerical even when hes les miserable
Fly…delayed verdict by judge giving VHC shorts a lot of amo – that AAPL will bleed VHC dry. Regardless of merit, VHC resources vs. AAPL is tough. Cramer VHC pump last Friday doesn’t help. Just wondering if judge has the stones to render verdict vs. Goliath (AAPL).?.
No one in power has any stones these days.
VHc doesn’t pay legal fees. They have best attorneys in country who take a piece of action.
If you were a plebian with money to invest, you would be breaking even after increases in food, rent, healthcare etc… You should be really happy Fly.
The bottom 50% continue to struggle. They are losing ground; financially speaking.
Merry Christmas everybody.
Fly, you’re a degenerate OTB gambler. The whipsaw just comes with the territory.
I did 10% for the year – just dividends and covered calls/short puts + maybe 2% for capital gains
Not great but I’ll take it
Fly is an excellent trader because he isn’t afraid to lose like most of us. However, a risk taker is only as good or lucky as his last big trade. Putting bucks in index funds over time isn’t a bad strategy but certainly is no fun.
Lemme ask you a question and please do not reply with, “You have no balls.”
Why not, if, in the course of an investment year, you find yourself +30% or +40% YTD, stop, part everything in cash, and take the rest of the year off?
At that point, you’ve won. You’ve been there several times this year, Mr. Le Fly. It could have been a good year for you.
President
Because I’ve had +200% years and made 60%,90% and 60% in 2008,09 and 2010
No shit, how did you get 60% in 2008?
Read my archives.
I was short.
But are you ever tempted to do so? If you’re up a good deal in October or November, say?
True story. I was here.
Hang in there Flyseph. Best to you and yours.
guess santa is sleigh-ing you. this too shall pass. my friends from the north are comming down in droves. seems they have been selling stock and buying realestate.
Fuck it…your still the man.
Could be worse…you could be “Keithy Keith”.
Hi Fly,
What color label is your favorite Chimay?
Thanks!
Blue,Grande Reserve.
Blue is the best. Btw westvleteren is coming to the US for a limited release.
It’s quite warm in the lit fireplace I find myself in here at year end. Actually, it’s less of a “fireplace” and more of a “flaming barrel of garbage”, but still…
Dude, it’s ony $