GOBBLE, GOBBLE MOTHERFUCKERS

As I sit here, listening to some soothing gangster rap music, I am chuckling, not laughing, at many of you turkey haters. The Gods tell me you thought we’d go lower today. The Gods tell me you do not believe in their gravy filled powers.

Today the market was “gifted” with monstrous economic data. The data was so bad, one could make the argument that it was spawned by the devil himself. Instead, we (market bulls) get turkey legs, mashed potatoes and truckloads of stuffing, filled with capital gains.

Mind you, one might say: “how about FXP, fuck face”?

To those haters, I will see your FXP argument with a healthy serving of C or TNA, lathered with sweet cranberry sauce.

See folks, life is not about working harder than your neighbor. Life is about being smarter than him, then buying his house in foreclosure.

Into this rally, I love my chances, long 250,000 shares of C. And, I want to buy more BAC and GE on dips..

Finally, let’s not forget retail.

I say fuck it, let’s throw turkey party at Macy’s and buy its stock in the process. And, I am buying TBL and GME too.

Gobble, gobble.

NOTE: Stocks trading near net cash are sprinting: PCR, KBR, NTGR etc.

UPDATE: I sold 100,000 C @ $6.75. I sold 20,000 UYM @ $13.35. I sold 10,000 TNA @ $30.95.

UPDATE II: I bought 75,000 KBR @ $13.15. I bought 100,000 GU @ $2.08.

Gobble,

Gobble, gobble. Gobble, gobble, gobble GOBBLE!

Gobble,

Gobble Gobble.

Developing…

UPDATE: Check out Gio’s video, which conveniently touts his Godly call on solars.

[youtube:http://www.youtube.com/watch?v=3rQ635y4F2I 450 300]

Today was the first 3 day winning streak for the S&P 500 since August. I am telling you now, The Turkey Gods are angered by some of you, not celebrating “The Big Feast.” They will, and I say this in the most insincere way possible, sneak into your house, while you’re asleep, and beat you to death with large turkey legs.

Ignore me at your own peril.

“The Fly” enjoyed one of those “can’t go wrong” type of days, with gains in FXP, UYM, C, BAC, TNA, GME, UNH, just to name a few.

As you know, I bought some M today and intend on selling it at much higher prices.

Look you, the retailers are so cheap, so coiled, with loads of moronic bears embedded in them. Any semblance of life in their Christmas sales, and they will fucking sky rocket to the Sun and back.

Nothing to see here fucker, just trying to stay ahead of the curve.

Sometime soon, it will make sense to hedge up and get all bearish and shit again—-but not yet, BAMBOO loving motherfuckers.

Corny, but still a meaningful suggestion.

It’s a stupid thing to do; but worth exploring, nonetheless.

Best case scenario:

The market books a 1-2% loss, setting up for a move up tomorrow. The important thing is for the damage to be limited and fenced off from the banks. In order for this rally to sustain, we need the banks to lead the way.

Naturally, what I am hoping for is sheer madness. I suppose I am just being a sentimental jelly sandwich eater.

At the moment, I am quite busy preparing for the big feast. Believe it or not, as blasphemous as it may seem, the stock market is not at the top of my list today. I made a few trades this morning, some good, others not so much. I’m just going to sit with what I have, at least for another day and see what sticks.

As an aside, not to get all commy on you fervent capitalist type, but, CEO compensations need to be met with the sharp blade of the guillotine. That’s just one man’s opinion.

“The Fly” is all about pushing the envelope, playing with his chess pieces, amidst a wild inferno. Despite being in an overbought position, “Plutonium Petey” is issuing “death bags” to short sellers, in the giving spirit of Thanksgiving.

I got a lot of shit going up, like General Electric Company [[GE]] and Citigroup Inc. [[C]] . At this moment in time, the stars and planets are aligned to enrich “The Fly” with great wins, much to your chagrin. I know there are a lot of secret Fly haters out there. No need to fess up and come clean, I know who you are.

Shockingly enough, my largest positions are goose stepping higher, all the while the world is crumbling and getting sucked into a fucking vortex of nothingness.

Thinking ahead, I started nibbling at my [[FXP]] position, which I find myself 20 points in the hole. My plan is to buy it, whenever I get an itch, in order to bring my basis down to $70. Without a doubt, those Chinese clown rapers will be going lower in due time.

Also, I took another small bite at the idiots from [[M]] .

Some of these stocks need time to pan out. There is a definitive dark cloud of insolvency looming over many retail names. The theory, which makes sense, is the pending debilitating transformation from a credit to a cash society will indeed crush retailers like [[M]] and Sears Holdings Corporation [[SHLD]] , even Target Corporation [[TGT]] .

How many stores were opened based upon Joey Bag o’ Credit Cards?

Basically, I have no business buying retail, since they are in the ground zero of the credit contraction. However, I do so regardless of the broader macro picture. I am buying based upon the psychology of optimism.

Regardless of how old people get, they always long for “the old days.” Most people are sad saps for yesterday and will cling onto it until they are dead. My guess, investors will cling onto yesterday’s winners or bellwethers, until they are dead too. In the meantime, there is money to be had.

I like the breakouts in Google Inc. [[GOOG]] , Monsanto Company [[MON]] and BHP Billiton Limited (ADR) [[BHP]] today. For the most part, try to stick with large cap stocks and keep in mind we are walking on the edge of an egregious cliff, lined with pork fat. As much as I rejoice and shower myself with turkey gravy, this market can turn on a dime and punt my torso into the bleachers of Capital Loss Stadium, in 10 minutes flat.

Top picks: Citigroup Inc. [[C]] , Bank of America Corporation [[BAC]] , General Electric Company [[GE]]

Dow 30 components need to be bought, especially Citigroup Inc. [[C]] and General Electric Company [[GE]] . The market is in the process of taking the path of most pain. Unfortunately, for you turkey haters, that pain is to be distributed to short sellers, via much higher equity prices.

It truly is amazing; but then again, everything is.

Ride the wave of optimism, via getting long retailers. I forgot to mention another retail position of mine: GameStop Corp. [[GME]] . That fucker is so coiled back, it’s sickening. I actually want to vomit because of it.

Dice rolls include, but not limited to: Alcoa Inc. [[AA]] , The Mosaic Company [[MOS]] , United States Steel Corporation [[X]] , UnitedHealth Group Inc. [[UNH]] and The Blackstone Group L.P. [[BX]] .

UPDATE: I bought 10,000 [[M]] @ $6.95. And, I bought 3,000 [[FXP]] @ $61.25.

UPDATE II: I sold 3,000 [[UYM]] @ $12.50

1. Turkey
2. Cranberries
3. Stuffing
4. Corn
5. Pumpkin Pie

You fuckers need to quit eating out of death bags. The trend is up; catastrophe has been delayed. Into the rip, go ahead, get long some retailers, in a very, very non-homo sort of way.

On my sheets, I am long [[M]] and The TJX Companies, Inc. [[TJX]] .

On my watch list:

Polo Ralph Lauren Corporation [[RL]] , [[WACLY]] and The Timberland Company [[TBL]] .

[youtube:http://www.youtube.com/watch?v=uITsSdBMGJM 450 300]