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Dr. Fly

18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.

5 Tool Player At Work

Anything you faggots can do, “The Fly” can do better. As much as I besmirch day traders / chart chomping ideologues, I can do that shit too, because I’ve done it before. Remember something, I am 34 years old now and have been investing since I was 10. That is not an exaggeration. I’ve tried every single method known to the investing world, some work, some don’t. As a result of my experiences, through trial and error, I developed my own system, which is elegantly produced for you via The PPT.

Inside The PPT, I use a wide variety of tools to pick stocks. At this point, all of my picks come from using the tools inside The PPT. In the past, I heavily relied upon OVERBOUGHT/OVERSOLD algorithms. However, since QE2, that shit doesn’t work too well. Wait, scratch that. Half of that shit works (OVERSOLD), since we go up in perpetuity. Since my VXX mess, I’ve developed new tools that digitize the technical analysis that you fuckers waste time on. With a click of a button, I am able to produce picture perfect setups, specifically stocks hovering above the 20 day moving average, volume breakouts etc.

Case in point: CHNG, EDMC, SCEI, OCZ and JST. All of those stocks were cherry picked, using specific screens and have performed exceptionally well.

The point of this post is not to whore my service as the motherfucker of all fuckers. Instead it is a message to those of you who do not adjust. The best athletes improvise, when they see an opportunity or a vulnerability in their course of action. Learn to adapt and quit being such losers.

On my first trading day of 2011, I was up 0.86%.

[youtube:http://www.youtube.com/watch?v=wlxVTpEyMEw 616 500]

Freebie UPDATE: Here are the top ten ranked stocks by PPT:

1 FNSR
2 MIPS
3 QTM
4 WTI
5 ETM
6 ZAGG
7 WRES
8 AUDC
9 TQNT
10 AFSI

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All In Again

I made a full allocation this morning, adding the following names to the fucking portfolio (pardon the abrupt rashness of my tone)

FMC
JST
PH
CENX
MAS
AXL
GTE

Those names will be fine additions to my distinguished holdings in OXY, PWRD, MOTR, PWER, TTWO, RAS, BBRG, C, WTI, EXK, CHLN, FORM, TEVA, OCZ and CRIC. Clearly, as evidenced by my “big dicked” purchases, I am not fucking around. The cash position now stands at 11% aka “fully invested.” I will take your sell tickets and kindly place them in my drawer. There will be no selling, providing the sun and the moon still exist.

As you were.

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QE II

Do not question why the market is up this morning. Just accept that this is the way it has to be, all dictated by Chairman Bernanke of course. Like organized religion, it takes a little bit of faith and a lot of crazy to fully believe. You can’t half ass it, with regards to your devotion to your human savior, Benjamin Bernanke. If you are going to be a member of his church, you need to fully commit yourself, like I have, and buy stocks with reckless abandon.

The January effect is fully “in effect” and the Federal Reserve will make sure it will be a memorable one.

Gather around, small plebs of America, and witness the spectacle better known as “the stock market” melt the fuck higher this week, to the amazement and chagrin of the “zero-hedged” bearshit crowd.

Into today’s tape, I am 52% cash. I will look to “correct” that mistake at the onset of trading today.

Top picks: OXY, CHLN, CRIC, PWRD

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Winners/Losers of 2010

Biggest Large Cap losers:

1 PBR -20.2
2 CRH -20.75
3 BP -21.33
4 SWN -22.34
5 WDC -23.2
6 HK -23.86
7 MU -23.96
8 DB -26.53
9 DO -27.28
10 FBR -29.95
11 TNE -31.28
12 STD -31.99
13 APOL -34.8
14 BBVA -41.78
15 NBG -67.95

Losers, min market cap of 500mill

No. Ticker 1-year Return
1 STSA -69.29
2 NBG -67.95
3 IRE -65.4
4 MDVN -59.71
5 AONE -57.49
6 CSIQ -57.04
7 FAF -54.56
8 STP -51.89
9 DF -50.5
10 BPZ -49.79
11 SPWRA -45.86
12 ASIA -45.58
13 HRB -45.06
14 REV -42.15
15 BBVA -41.78
16 ART -41.23
17 RAD -41.06
18 HEV -40.22
19 PWRD -40.04
20 CRK -39.39
21 DYN -37.79
22 YGE -37.63
23 GAME -36.95
24 UEPS -36.75
25 JAG -36.28

Biggest Losers (ETFs)

No. Ticker 1-year Return
1 ZSL -79.48
2 VXX -72.48
3 DRV -71.81
4 TZA -68.62
5 MWN -62.08
6 LHB -60.52
7 ERY -59.88
8 EDZ -59.32
9 SMN -54.68
10 SKK -51.91
11 FAZ -51.62
12 SRS -51.57
13 TWM -50.46
14 SJH -49.08
15 SMK -48.67
16 BGZ -48.57
17 SDD -48.31
18 BXDD -46.91
19 SPXU -46.6
20 DPK -46.35
21 GLL -46.28
22 MZZ -46.22
23 SIJ -46.22
24 SDK -45.64
25 TYP -45.22

Biggest Winners (ETFs)

No. Ticker 1-year Return
1 AGQ 182.28
2 BAL 96.16
3 SLV 82.53
4 DBS 81.16
5 TNA 71.94
6 JO 65.37
7 MWJ 65.31
8 DRN 62.97
9 DGP 62.37
10 JJS 58.86
11 JJT 58.77
12 UYM 57.32
13 UKK 56.06
14 THD 53.69
15 IIH 52.61
16 MVV 52.44
17 CEF 50.69
18 UWM 50.6
19 SAA 49.48
20 ERX 48.5
21 URE 48.1
22 UVU 47.2
23 PXQ 46.43
24 UVT 45.94
25 ECH 45.15

Biggest Winners, min market cap of 100mill

No. Ticker 1-year Return
1 iBankCoin 10000%
2 SHZ 1054
3 CPWM 850.98
4 WNC 526.46
5 AMRN 473.43
6 HDY 472.41
7 WXCO 441.67
8 IDT 440.42
9 VHC 405.78
10 APKT 383.27
11 TGA 379.58
12 TCH 367.96
13 MHR 367.1
14 AAU 350.48
15 URRE 339.61
16 REE 312.63
17 KEM 306.72
18 FTK 303.73
19 CPE 296
20 ENTR 293.49
21 TPCG 292.26
22 URG 288.31
23 CRDC 275.86
24 AG 268.02
25 SURG 258.02

Biggest Large Cap Winners

No. Ticker 1-year Return
1 NFLX 218.97
2 LVS 207.23
3 RVBD 206.36
4 SIRI 171.67
5 ATML 167.35
6 LCAPA 162.02
7 SLW 159.92
8 HTWR 146.94
9 FFIV 145.76
10 ARMH 144.93
11 CMI 142.71
12 CMG 141.16
13 BIDU 135.29
14 TRW 120.85
15 BWA 117.79
16 VMW 109.7
17 MGA 107.75
18 ILMN 106.42
19 VRX 106.05
20 SWKS 101.9
21 CXO 95.1
22 ROVI 94.63
23 AIG 92.63
24 Q 92.44
25 CNH 91.27

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A Little Background on Senor Tropicana

Back in the old days, I’d come to work on New Year’s eve and hand out bottles of Moet to my fellow co-workers, sort of like a drunken Santa Claus. We’d buy two cases and just go nuts. The office was usually a graveyard, as most brokers were out copping 8 balls, instead of paying attention to the market. Brokers are an interesting animal, both smart and dumb at the same time. Most of them are properly educated, regardless of the firm. However, there is something about commission only work that turns people into imbeciles. People always covet what they do not own. So, when someone sees a big producer taking down 250k per month, they want to emulate that and behave in a way that is not productive, ironically, to their clients.

I stopped taking clients a long time ago, as I do not want to live the life of servitude for total jackasses. I know it’s counter-intuitive, declining new business and all; but I have my own money and no longer feel it is necessary to slave over hot hard drives for some asshole in Kentucky.

Money is not something that was always easy to come by for me, so do not misconstrue who you are speaking to. I remember eating crackerjacks for dinner and orange juice with cereal for breakfast, ’cause the milk was sour. So don’t come here with your fucking sob stories, bitching about how poor you are now.  Actually, it’s a funny thing, looking back now. No matter how hard my life was, with regards to money being scarce, I always knew I’d be “rich as fuck” one day. When I was starting out in the business, I went months without a check, while the wife and new born baby waited long, hard hours for me at home, in our pathetic basement apartment, locating in dumbfuck Brooklyn. I worked from 8am to 11pm, most of the time. It was either “hustle hard,” or die. An interesting choice, one that I feel everyone should have to endure at least once. Borrowing money was not an option, since my family is your typical American middle class. So, like so many others in my position, credit cards became a respite.

Fast forward a few years, and I was 50-75k in debt, fucked by banks.

What changed for me was the day that I started working for my clients and not for myself, if you know what I mean. People are not stupid. They know when someone is disingenuous about their actions. I built my business strong, from the ground up, on trust. People trust you when you are honest and do things that exhibit honour [sic] and virtue. Luckily for me, I’ve always been interested in the stock market, since the age of 10. So I knew how to pick stocks and had a knack for banking coin. Before I knew what hit me, I was out of debt and tripling my money in dot com stocks.

Shortly after the dot come collapse hit, a new crisis hit me, one that humbles me to this day. However, instead of telling you that now, I will leave it for another day.

LOTTO TICKET UPDATE: MY SCEI IS A WINNER!!

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Predictions For 2011

[docstoc docId=”68133141″ mId=”600153″ width=”630″ height=”550″ slideMode=”false” showRelatedDocs=”false” showOtherDocs=”false” allowdownload=”true” url=”http://www.docstoc.com/docs/68133141/iBankCoin”]iBankCoin[/docstoc]

For your reference, here are iBC’s 2010, 2009 and 2008 predictions

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Done For the Year

As I’ve been stating inside The PPT and 12631 for weeks, the high for the SPY in 2010 will be $126.31. It is not a subject up for debate. Just know and understand, that’s the way it has to be.

I made a plethora of trades today, none of which have been reported on this graffiti infested forum. So let’s get to it.

I sold out of 75% of my EXK position and all of my REXX. With some of the proceeds, I bought OXY, PWRD, OCZ and more OXY.

Why?

Do not ask questions boy. Just accept the fact that things are the way they should be and I know exactly what I am doing. My cash targets have been reached, now registering at 52%. My year is over, barring some sort of insidious event that causes me to act rashly. For the year, I am up nearly 60% now, with much larger percentage gains in my psychopath /gambling account. I will take said gains and kindly tip my hat to all of you. Thank you for participating and expect to see more of the same in 2011.

I will continue to blog for the remainder of 2010; but it will be shallow, sarcastic banter, mainly to amuse myself.

Over the short term, I love PWRD, WTI, CMP and OXY. That is all. Be well.

[youtube:http://www.youtube.com/watch?v=rIZlU0SN_Jo 616 500]

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Fly Buys: PWRD, OXY

I bought 30,000 PWRD for Chinese lotto. And, I added to my OXY position, into the roll.

Disclaimer: If you buy the above stocks because of this post, the next time you go out for drinks, some strange woman will throw her drink in your face. And, you may lose money.

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