I am going to let this post marinate for a day or so; therefore, I expect some reader participation. After banning over 1,300 readers from accessing iBankCoin, coupled with Twitter, PPT and 12631 active forums, this blog has become an absolute disgrace, completely unbefitting of a man, such as myself. I’ve done blown up this place to smithereens.
My top pick is to be short of AG in bitcoin terms.
Why even bother shorting stocks? You have to be a half-retard to even think about shorting stocks, while the government is forcing them higher. As you can see, not all boats rise in tandem. This year is all about punching the nerds at AAPL in the god damned face because their leader died of cancer. All monies have been withdrawn from AAPL and placed into consumer staples, like KMB (long for 20+ points), K, GIS etc. If you eat it at home, the stock is up.
It’s amazing to see these stodgy stocks rip mustaches off, at a time when global demand is tepid. Perhaps the old aged homes have finally moved away from bonds and into dividend paying blue chips. Either way, that’s where the easy money is being made in 2013.
Just because I went to cash doesn’t mean that I am expecting the market to plummet. Quite the contrary, my brainless friend. I can’t catch the top. I’ve tried for nearly two decades and have always failed to time the top to its exact pinnacle. However, I am really good at knowing when the tide is about to shift, generally speaking.
We are in the 8th inning of this run. When it ends, we will have an orderly decline, which will cleanse the market of speculative excess, allowing the patient, smart, money to buy back in cheaper.
I realize many people believe the same thing and it’s sort of cliche to say “wait for a pullback.” But the seasons have changed and soon enough it will be time to go away for summer vacations. After such a gangbuster Q1, it’s only a matter of time until the collective decides to lock in gains and coast for the remainder of spring and summer.
Good news everyone: the economy didn’t “retard” in the fourth quarter of 2012, it grew by an astounding 0.4%. Now you know why the market has been ripping higher, as this high octane economy roars on all cylinders. Sporting world class growth, I see no reason why the stock market can’t climb another 40-50%, over the next 3-6 months.
Robots are the leading source of new hires in the economy, as highly efficient androids replace the fat slobs from the midwest and south to create a more efficient and profitable corporate American hegemony. Profits are up more than 3%, on the corporate level, since 2011.
Critics say “corporate America is milking the last bit of milk from the stone, at the same time smashing people’s heads in with the stone.” To those critics, I say: there isn’t any milk inside of stones. Milk comes from the tits of cows and other mammals like them.
The simple fact of the matter is, America is a country filled with “Simple Jacks”, people meandering around town, partaking in debauchery–bungie jumping into cinderblocks. Machines don’t call in sick or have intercourse in the conference room at X-mas parties. As a matter of fact, machines think X-mas parties are the stupidest thing in the whole, wide, world.
Have a look at the outperformance of the shipping industry versus the SPY.
See where the median percent is -1.45%? That’s the 6 month mark. The +13% mark is 3 month outperformance against an index (SPY) that is beating the wigs off all world indices. No one is talking about the industry because everyone is fixated on future homosexual divorce legal fees and a brand new estate planning demographic. Some of you think the government is interested in “free marriage” for all, when in fact they’re just a bunch of gay attorneys looking for billable hours.
God I hate lawyers.
Here are some stats for the shipping sector that you should have a look at.
Who would’ve known the top performing boat stock would be a bankrupt one, in OSGIQ?
Answer: gay attorneys.
I’m a buyer of FRO, then will but one or two more. There are fundamental reasons that explain the rise in equity values. But the real reason why the sector is moving is more buyers than sellers, with everyone looking for the next hot stock.
Bull markets do this to people, transform seemingly ordinary folk into filthy “oddballish” gorillas with aids.
I bulked up on FRO all day, putting me close to a million shares. With my other sales, however, I am nearly 65% cash. I realize the market was resilient today and there were many pigs in the mud fondling one another. But that’s not my game.
“The Fly” is merely into close to or actually bankrupt boat stocks, as an acute form of riverboat gambling.
My intention is to buy 1 million shares under $2.40, then sell it all above $3.40, in order to make a clean, crisp, one million dollars (extra Dr. Evil).
VHC reversed to the upside today, after getting Apollo Creed this morning. The Devil made the call and members of The PPT were in the know. However, I have zero interest in buying that wretched stock right now.
My shorts in JCP and CCL made me some money, but AG milked me a bit. Silver was supposed to trade lower today, which is why it did the exact opposite. Going along that same train of thought, I believe today “could” have been a headfake. Beware for broken elevator shafts during tomorrow’s trading session.
As for Le Fly, he will trade about, here or there, finding opportunities when they become known. As of this very moment, I an picking my afro and applying some motor oil grease to it, just to give it that extra shine.
Perhaps pirates will make the shipping business profitable again. I don’t know why people love to buy dogs, only that they buy them out of speculation.
I kicked out of BV and ZAGG, due to a line in the sand that was crossed.
I hate when people say “I am blessed, fortunate for the life I’ve been given.” Oh really?
First of all, unless you’re a government hack, you weren’t given anything. Secondly, why do people like to compare their lives to the lowest form of sub-human, the homeless class or welfare recipient? Just because your stupid life is marginally better than the guy groveling for spare change down the block–that doesn’t mean you should feel grateful, as if you somehow dodged the homeless man bullet by a thread.
You get what you put in.
Why not compare your lives to those who travel in Bentleys, living in the Gretzky house, hiring personal assistants off of Craigslist and demanding blow jobs in exchange for working for free? (extra Dykstra)
I never feel grateful for anything because everything I have was earned. Nothing was given to me, or inherited, which, by the way, is perfectly fine. I have nothing against inheritance. As a matter of fact, I believe a good family is one that passes wealth on from generation to generation–just like any well to do institution. I’m not belonging to the selfish “me camp” who endeavor to die poor, so that they can live a rich, full, hedonistic life.
Too many get caught up in the frisson of life, wanting to live to the fullest, do as many lines of blow as humanly possible before it all ends. How short sighted. Do you want your life to be defined as something that came and went, like the summer breeze by the shore in 2004, or something that established a foundation that can last for many decades, maybe even centuries, after your untimely demise?
By no means am I an authority on how to become successful, as I am still trying to make my mark. However, I think my perspective is correct– in that I am always looking up, never staring at the toothless vagrant dressed in a burlap blouse and trousers stained with fecal matter–feeling “fortunate” for not having to share a cardboard box with him outside of Madison Square Garden.
To hell with that guy. I’d rather stab him in his rakish eye socket, than ever feel commonality with his most unfortunate predicament.
Since 2009, the market has been on auto-pilot up, with exception to 3 months. You guessed it Einstein: May, June and August.
Like clockwork, some sort of mystical crisis with wrath the markets, sending all of the retards, and the King’s men, into a tizzy–swallowing capital gains whole. We’re still in March, so there isn’t an immediate risk. But May is coming– and soon enough you’re all gonna regret not listening to my warnings.
Yes, I have the stats available that could scare you into a catatonic state. But I’m busy right now, so this midnight spook will have to do.
As the market tops out, I expect to hear many of you cheer orgasmically, as your penny stock securities fly to new highs. You will make youtube videos of yourself buying Bentleys and hire personal assistants to iron your socks.
All in one big swoop, your entire brokerage account will go to zero. Consider it a stroke of darwinism and I will be there is purchase your margin call.
I took the day off, after cashing out of most of my positions. Today I sold YOKU because it’s trading like a Chinese internet stock. Maybe tomorrow I will sell ZAGG and BV, both are non-central to any thesis that I could ever concoct.
My top pick, by far, is to be short silver miners. Nothing will help them, not even crisis.
I am going to redeploy some assets back in the market, because I’m not so much bearish, rather indifferent. My goal is to make 2% for the month of April. By hook or crook, I shall accomplish this task. But I can’t do it while fully invested. I need to take a more measured approach, sniper rifle instead of machine gun. Also, owning stocks like BV and ZAGG do not help me to this end. They’re too volatile.
I will be selected 1-3 larger cap stocks worth scalping. I will load up on them, then sell as soon as my goals are realized.
The rest of you can continues to fondle each other’s balls in the mud. I couldn’t care less.