The bitch, Janet Yellen, tried to stick me for my paper (extra biggie) this morning, by making idiotic comments regarding equity market valuations. Despite her unsavory opinions, Le Fly is forging ahead this fine afternoon, buoyed by 6 of his top 7 positions being higher for the day.
The big story is the yield curve and the fact that TLT is getting the business, once again. Listen to me: if you’re not gonna take the advice of a Space Alien Magician (SAM), then you’re in the wrong business. All of the shit that you think you know to be true, toss it into your respective flaming barrels of garbage and listen, god damn it, to what I am about to say.
Buy banks.
This is so easy, even an idiot cad can do it.
SBNY and BOFI are my favorites. A good friend of mine likes FRC. The point here is to position yourself for future success.
Markets are weak; but biotech and banks still work here.
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i was looking at COF, what do you think?
Heavy on credit. I’d go with a super regional instead.
What of the $ICPT…What of the poor $ICPT ?
It’s time for one of two videos
1) “There’s No Coke !!” starring Le Fly and the Optioned Addicted.
2) “What of the Poor Zebra” starring Le Fly and a bumpy train ride.
OK! Will buy your SBNY
Just saw a table filled with lonely looking NASDAQS down at the swap meet. Poor little fellas.