The Bubble Has Burst

Inside of The PPT, I’ve created a “Bubble Basket” of my own, one whose constituents are the most vulgar of stocks. There are companies who belong at the very bottom of the ocean, alongside the Titanic. God willing, they will be there soon.

I bet when you broke up with your girlfriend, or divorced your wife, deep down you hoped she’d get fat and ugly, age badly. You probably went to an old reunion and kitchen bitched about so and so being out of shape  and loose around the jowls. The truth is, when we sell our stocks, we want them to go down forever. The very idea of them doing well without our gracious endorsement is hateful to us, well at least that’s how I used to think about them.

“The Fly” no longer harbors deep resentment for the stocks who nearly destroyed and mangled his career to elephantine pieces, and may still do that–all dependent on my next moves. I forgive FEYE, SPLK, WDAY and YELP for making a fool out of me and I hope that they go on to marry other rich men and live happily ever after. I do not wish that they travel to Africa and have unprotected sex, catch aids, then die.  I’m a single man now and wish only to pleasure myself (no masterbation), through explicit stock market winshippery.

Ragin Cajun went through the oversold data for this year and last and it’s exactly what I expected: low beta, peace of mind, returns. After I give his work a second look, I might post it here, for all of you Original Don’s to peruse. The gist of the report says, had you bought QQQ upon The PPTs OVERSOLD signal and sold 5 days later, you would have made upwards of 15% last year and over 4% this year, so far. On the surface, it’s an unimpressive number, at least to the layman. You folks want cocaine shoved down your necks and into your noses, with 500% gains. “The Fly” can no longer offer you that sort of satisfaction. However, if you’re interested in having your money exposed for merely 100 days at most, in this God forsaken market, with a maximum drawdown of just 1.5%, I am your man.

There are ways to juice these returns, through other investment vehicles and of course leverage. But this is the recipe to the mother sauce and I do not intend to share it with the great many of you unwashed heathens just yet.