Happy Hunting

Can you smell the blood?

Here is a trail for you to survey. It’s a fairly straight forward, almost ignorant, strategy, which works 7 out of 10 times in down tapes (audited by my Chinese accounting firm). Pick the very worst sector and short the stocks still floating above their 52 week highs until they break.

My favorites are AG, SLW, NGD and CDE

I wanted to short a wide array of stocks, so I bought HDGE.

Here is their top 10 shorts. It’s an actively managed short ETF.

CTL, DB, TCK, FOSL, FFIV, GT, CMG, CBT, WIN, GMCR, JOSB, BHI

I kicked out HIG for a 3% loss, despite liking the stock for its exposure to Japanese equities.

This is it, the beginning of the crescendo in selling that will lead to the eventual and complete destruction of equities.

Just kidding. But I am looking for a 5-10% dip, possibly more. With the time that I have now, I am blogging, building a buy list (which I will reveal later) and making sacrifices to the Gods (the old and the new), asking them to grant me the honor of buying your margin calls.

I am now sitting with a 73% cash position. However, I am looking to increase my short exposure, so stay tuned for that.

This tape has all of the earmarks of a market about to swan dive lower. Housing related stocks are getting crushed, as evidenced by USG, BZH, NSM, LPX etc. Take my word for it, the underpinnings of this market are coming apart.

My biggest short, AG, is bouncing after yesterday’s debacle. But it won’t last long. The stock, in my opinion, is heading for a 12 handle.

Nonetheless, I don’t want to confound anyone with my current positions, whether it be soon-to-be-bankrupt banks stocks or short positions in ridiculously hideous retailers. My true position is patience, waiting in stead with a 60% cash horde, prepared and ready to buy margin liquidations at a blink of an eye.

I am overjoyed (no orgasm) with pleasure to see housing stocks get crushed, since I want in on the big house rush of 2013.

Let there be blood. “The Fly” is a vampire who feeds off the plasma of others, immortal and immune to all things–with exception to apathy.

http://www.youtube.com/watch?v=Bkd6Vv5dWy8

One of you little trollops have been very, very busy indeud. As a matter of fact, one of you little scoundrels are in fact a MURDERER. I do not mean to make light of a horrible situation. However, your presence in these halls has attracted unwanted attention by the media, pointing out your hideous crimes.

I dare say, you should ask for protective custody, for the wrath of The Fly doesn’t know boundaries. I will hunt you down, like the dog that you are, and kick you off a skyscraper.

Who is this man?

The teen was reported missing the following day, but it was not until more than a year later that a hunter came across Hart’s remains, the Philadelphia Inquirer reported.

The cause of death had never been determined because officials said Hart’s remains had been decomposed.

Goff, who was 18 years old at the time of the murder, faces a weapons charge in addition to homicide.

At his initial court appearance Tuesday, Goff wanted to plead guilty but Judge Michael Donio prevented him from doing so without a lawyer present.

‘I did the crime and I’m prepared to do the time,’ said Goff, who wept during the hearing.

The 41-year-old is being held at Atlantic County justice Facility on $1million cash bail.

For the past several years, Goff has been very active online, blogging and tweeting about the stock market, economics and politics.

In a rambling profile on the site iBankCoin, the 41-year-old man has described himself as a ‘self educated genius’ and a ‘modern day Renaissance Man’ with a Master’s Degree from the school of hard knocks and a PhD from Google University.

Goff apparently has been dabbling in stock trading but was hoping to become a hedge fund manager. Speaking of his employment history, the New Jersey man wrote that he had tried his hand at half a dozen trades, including master electrician, baker, cook, teacher and semi-professional poker player.

But according to his online biography, Goff had a dark criminal past that included a five-year prison sentence on drug charges which he received when he was 18 years old – around the time of Hart’s slaying.

Speaking about his past bad decisions, the 41-year-old wrote that he was a ‘master safe cracker thief, liar, professional slot machine cheat,’ a bad father, bad brother and bad son who had been stabbed and shot at.

On another blog site, Goff lamented that his being a convicted felon has kept him from realizing his ‘BIG IDEAS for this world and our species on this planet.’

‘I am now hindered from ever sitting for a LAW BAR exam or a series 7 brokers [sic] exam. Or from ever becoming a teacher,’ he wrote.

‘I am MOST pissed that I can never be called upon to defend my nation in service if need be. They will never let me ever touch a firearm ever again.’

Following his arrest Monday, a friend posted on Goff’s Facebook page that she had seen him and he wanted to let everyone know that he is doing fine.

Another friend expressed hope that ‘this is the last of the skeletons’ in his closet. 

Find this man. Feel free to kill him if you like.

Source

UPDATE: Gap n Yap solved the mystery! Apparently, this fine gent was a denizen in the blogger network. Perhaps I need to keep a closer eye on the ongoings over there. Apparently, some of you are murderers, thieves and perhaps rapists.

Several weeks ago I besmirched The Devil for plaguing me with a stock named CALL. I booked a 20% loss just one week after he “gifted” it to me.

Lo and behold, I marked the bottom in the downturn. The company reported stellar numbers and is ripping higher. In this instance, I was the weak hand that got flushed and he banked coin. It happens to the best of us.

It’s also worth noting, his intra-day call to buy UNXL in The PPT appears to be paying instant dividends, with the stock up 10% on invisible news.

I hope The Devil accepts my apologies, as I repeat them 10,000 times.

NOTE: His latest pick, aside from UNXL, is CiMT.

AG is a 11% short position of mine, now up nearly 10% from cost.

I’ve been short CCL from high $37’s and JCP from high $16’s.

I am long GNK, FRO, HIG and a pastiche of old man stocks up 10-20%.

I just sold short PBR and I sold VHC north of $35.

This is money management, finance, demonstrated–transparently– on its highest level. Year to date gains stand at 23% and my cash position is 60%, awaiting the decline to come.

Until then, “The Fly” will be biding his time, tossing n00bs and pikers into lit fireplaces, dusting their ashes off of his robe, while smoking from a pipe (no crack) and drinking from a diamond encrusted chalice–filled with the blood of his enemies (no vampire).

Off to ship my sister back to NY.

Looking for a shipping reversal. I added to my FRO.

I sold short PBR. Starter position.

With CAT breaking down and housing related stocks taking a breather, I am exploring a short sale in TEX.

My other idea is PBR. I don’t like oil here and hate Brasil. The hardest part shorting oil stocks is to find one that cannot be bought out. They are strategically important assets. PBR will not be acquired and they suck wind, just like their host nation.

As of right now, I don’t have a position in either name.