Small Money Acts Small

I will hold my positions until earnings. I don’t like to see my positions decline; but again, it’s part and parcel of this game. If I was a day trader, I would’t give a shit about the direction, only opportunities. I am not interested in inverse ETF’s or shorts. I am only interested in long plays, cash, and inflection points.

I want you to understand the big picture here. The market has doubled over the past 3 years. Over the last 2 weeks, we’ve retraced and scared people silly out of their stocks. Those same people will go short and then BAM!, the market will rip higher and never look back. I’ve been hearing you doom and gloomers predict “the end” since 2008, with zero success.

So, I will stick to my guns; you stick to yours. I am opened minded to switching my position. However, at the moment, I believe the fear is FUCKING UNWARRANTED, all because of a dicksucking +54k jobs number?! Are you fucking kidding me?

I was up 2 of the last 3 days. Today, my largest position, WNR, is down 1%. My second and third positions, all disclosed inside PPT, are up.

So tell me, am I supposed to panic?

Quit watching every tick.

How enjoyable to see the market get destroyed on a joyous Friday afternoon. Aside from my TNA position, my portfolios are holding up well, almost unchanged for the day.

I think it’s clear to everyone by now, the market cannot go up without the Fed propping up the market. There is a lot of apprehension out there due to the belief that the market is built on a pile of shit. Oil is getting killed. Pretty much everything is going lower and there is nothing that can be done to remedy bad sentiment, until the sellers have exhausted themselves.

This marks the 6th straight week lower for the Dow, worst streak since the fucked up days of 2002. In my opinion, you do not sell into this sort of rout. Barring some truly reprehensible news, the blood should be bought. Nevertheless, it’s not easy and the path of least resistance is definitely lower.

Dear Diary,

Today was almost a really fucked up day. The market got me real scared today, especially when it was up like a gazillion points early on. I was lucky to have some SRS, as the real estate stocks knifed lower because they fucking suck. I saw that criminal bankster, Jamie Dimon, bitch and whine to the other criminal Bernanke yesterday about regulations. If it was up to me, I’d cut their dicks off with a pet crocodile. It’s so amazing to see people buying stocks, like “HELLO you fucking asshole.” Geez, I suppose these people will all die when the next depression hits. No sweat off my brow. I will be fine because I have 10 years worth of dried food in my basement.

The internet was pretty boring today. Not even “The Fly” was around much. I wish that guy would just get hit by an old fashioned railroad or something. He can be such an asshole. If the market trades up, he will start bragging again about how his stupid time machine knew about this and so forth and so on. It’s so pathetically dicksucking that he gets away with these things.

My date went okay last night. But I am pretty sure she is going to break up with me. I don’t think she was impressed with my dried food collection and dinner at Perkins. She wanted to go to some asshole sushi place that costs like $90 per person. Fucking bitch. I guess she doesn’t read the news to know that Japan, largest exporter of sushi in the world, is one giant toxic dump. I say “no thanks” to cancer every time.

Anyway, I am going to cut out from work tomorrow. A few friends of mine are coordinating an anti-Monsanto rally tomorrow. Hopefully the market will just crash already and get done with it, so I can quit my stupid job and troll around the internet all day with my millions of dollars in the market. ROFL. A guy can dream.

Okay, got to run. My Mother and her asshole husband are coming over for dinner tonight. Guess who will be eating spaghetti and spit-meatballs?

Talk to you soon,

Samsonite

I was out all day, partaking in things having to do with time machines and orbital space cannons. While I was out, I saw my portfolio shrink into the bell. This is classic bearshitter attack syndrome, infecting the mind of traders. We need more coke, if we are to make another run.

Having said that, I closed out the day +0.7%, making me a winner in 2 out of the last 3. Nevertheless, I have a lot of ground to make up and will not make any predictions until I see the limbs of my enemies being ripped from their torsos.

I am long stocks like WNR, CVI, OPEN, ATPG, OXY and CLF. I will be just fine in the long term. It’s the next three weeks I need to worry about.

Stay tuned for another diary entry of the bearshitter, Samsonite, tonight.

Full disclosure: I’ve been sleeping this whole time, purposely ignoring the market in order to rest. It’s a long story. In short, I’ve been living the “robot lifestyle” for too long and desperately needed a good 10 hours sleep. Now that I got it out of the way, I should be good for another 2 years.

It looks like the market is bouncing, sans WNR (naturally). Nevertheless, this is a good start. According to The PPT, just 73% of stocks are higher, which leaves room for further buying. Also, only 30% of large cap stocks are rated “buy” or higher. The recent carnage really messed up the technicals, something I intend to spit on daily. But I know that many of you lazy types, who avoid reading 10-q’s like the plague, enjoy it.

Right now I am focused on accumulating TNA, in order to capture the initial rally; that’s very important to me. Buying individual stocks is fantastic. However, as you can see by WNR today, sometimes they trade retarded. Buying a broad based ETF is a smart thing to do when you want to capture that initial move.

Dear Diary,

I made some good money in the market today. I know this is it. We are finally going to crash. My portfolio is all in FAZ, SRS, SKF and TZA. I fucking can’t believe people are still buying stocks. I mean, with everything that’s going on, you’d have to be a real cocksucking asshole to buy stocks. Heck, even Cramer is bearish now. Maybe he will FINALLY get one right.

I was on Twitter a lot today, talking to like minded people. That fucking asshole “The Fly” kept making fun of bears. The real asshole is him, because he is losing whatever money he has left. What a douche. There is no way that guy is real. He is probably paper trading from his mother’s basement. ROFL.

After Twitter, I was trolling around the Yahoo message boards, warning people of the coming depression. It seems there are only a few people who REALLY get it, like Tyler from Zerohedge (OMG, love that guy, no homo) and Karl Denninger. However, why does he spell Carl with a K? I always found that odd.

Anyway, tomorrow I am sure the assholes at the Fed will try to prop up the markets; but it won’t work. People are on to them! I am taking my girlfriend to the movies and then dinner tomorrow. She wants to go to this really expensive place; but I don’t have the money for it. I am just gonna say “they had no room at the expensive place, so hey let’s go here instead.”  Hopefully the market will really tank so I can make back some of my losses. God knows I will never make it all back.

FUCKING ASSHOLES.

I had SRS and SKF above $200 and I still own them. Those people at Ultra Funds and Direxion should be arrested and their testicles cut off or eaten off by hungry dogs for the shit they did to me.

Anyway, I am gonna go watch some tv now, then play some video games.

with love,

Samsonite

It’s been a painful two weeks. My losses are many; but my spirit is just fine. Retrospect is the vision of degenerate losers. However, if I could do it again, I would have take a drive in the FAZmobile and chowed down (lion king) on extinct mammals, like many of you. Instead, I’ve been jailed inside a belief system that has made me lots of money. In the big scheme of things, it’s just a few weeks, right?

But look at the carnage in the banks, trannies and tech. It is gruesome, almost as ugly as Jim Cramer wearing a dress and high heels.

Nevertheless, I am a contrarian at heart, but survivalist from the beginning. I sold out of LOGI. It was a non-essential name, tossed in there for novelty. I booked another 10% loss.

Like I said, the losses can pile up to the moon, for I know, one day, I will be right. Granted, the Dow Jones Industrial Average might be trading at 33, or even lower. But I will get my bounce. I can see it now. Me just sitting there, with no more than $15 left in the market, elated to finally see my prophecies come to fruition. By that time, most of you will be dead or paralyzed, from the civil war part 2. But it would be a sight to see, indeud.

For the day, I bled out some more, about 1%. Being that I was up 1.5% yesterday, hell, I am up from yesterday.

Into the close, for my personal, I added to an earlier purchase of TNA. The way I figure, what better way to express myself than through the fuckery of a 3x super-retardo upside ETF?

There isn’t any.

Okay, people aren’t honing into the most important story of the day: OPEC is fractured.

They’ve been able to get along amidst wars, revolutions and hostage situations, but not now. Why?

Two fold: they are afraid that their circle headdresses will catch bullets. And, secondly, they do not want to increase supply, mainly because they like money.

Fair enough?

They figure this house of cards will collapse anyway. So why the fuck should they push oil prices lower? It’s negligible in the big scheme of sovereign disasters.

Having said that, at least in the interim, I love oil and gas stocks.

My largest holdings in the sector are OXY and ATPG. I initiated a new position in CLR today. But there are many more worth looking at. If the market bounces, this sector will be on fucking fire.

Here are the top 5 rated basic material stocks in The PPT.

APA, SWN, PXP, WRES and KWK.

Here are the top rated stocks with highest short positions.

KWK, CRZO, NOG, CRR and RES

Let’s clarify a few things, just so that we are on the same page.

I’ve been managing money for many, many years, enjoying success and enduring failures, all part and parcel of risk. Fortunately, I’ve had a lot more peaks than troughs, as many of my readers can attest to, visiting here throughout the years.

I do not like losing money. When I lose money, I get very, very moody. As such, my patience for your snarky comments is at an all-time low. I don’t care how long you’ve been reading the site, leaving little comments along the way. If you get out of line, you’re fucking banned. I will not offer safe quarter to any of you, only black flags and Greg Solomon videos.

Being banned from the site means you will not be able to access it. Should you attempt to find methods around my circle of death, I will invent new ones. You will not win, only lose, as it is in your nature.

You need to know, I am not here for you. I am not your investment manager and do not offer financial advice to any cretin on the web-o-sphere. Consider what you see here a television show, or better yet a movie. When you watch Batman jump off a skyscraper, landing on his feet as if it was a fucking garage to sidewalk drop, you don’t emulate him, do you?

In short, I am Batman; you are guy with popcorn. Fuck with me and I will come out of the movie screen, snatch your popcorn, and toss you out of the theatre.

UPDATE: I bought 3,000 TNA