There is no debate. The stock Gods bless “The Fly” aka Plutonium Petey aka Senor Tropicana on a continuous basis. Much to your chagrin, my wins seem endless, as everything I touch turns into solid bricks of gold.

Even my sales were done near session highs. I bought a large amount of BE Aerospace, Inc. [[BEAV]]; and you know damn well, I will be banking coin on that fucker soon.

Look you, the assholes at the The Boeing Company [[BA]] union need to call a fucking audible here. They want more money, but instead, deserve to lose their jobs. We’re in “The Great Depression the sequel” and these fuckers want a pay hike? Are they fucking nuts?

Fire them and hire trained gorillas in their stead. Take away their millstone and replace it with a very bad homeless situation.

My money says the strike ends this weekend. Come Monday, “The Fly” will be selling BE Aerospace, Inc. [[BEAV]] for a $300,000 gain.

Finally, did anyone notice the insane run in National-Oilwell Varco, Inc. [[NOV]] ? I am the God of all things NOV, due to it being my largest holding. While that bastard runs higher, just know this: “The Fly” is better than you because he is smarter. It is not coincidence or high end connections that puts me in the winners circle. It’s my egregiously high IQ, coupled with my very large sack that allows me to outstrip you at every turn.

UPDATE: Gasparino sleuthing around a fake Lehman story.

UPDATE II: Gasparino-Ratigan drunken stupor.

[youtube:http://www.youtube.com/watch?v=TTr7_aJyQuE 450 300]

I just took down a million dollar position in BE Aerospace, Inc. [[BEAV]] , based upon the pending resumption of business at The Boeing Company [[BA]]. Those fucking union bastards are scheduled to vote on ending the strike, this weekend. With that in mind, it’s possible to see some positive headlines for BA and their fucking counter parties, like BEAV.

Looking at today’s tape, if forced to make a prediction, I’d say we will close near the highs of the day. It makes perfect sense. Nonetheless, I am comfortable with a bountiful cash position here (50%), following the huge run up in some of my favorite names.

Just so you know, I did not sell any National-Oilwell Varco, Inc. [[NOV]] . Listen to me you cocksuckers: “The NOV” is going to rip the faces off of those who short it, then proceed to bash their skulls in with frozen cans of soda pop, preferably Monster.

Also, I did not sell any Arch Coal, Inc. [[ACI]] .

In short, I will plan my next move carefully. I will hold my current longs and average down on them, if needed, while laughing at you red nosed clowns who got caught short during this greatly televised, and often spoken of, melt up.

NOTE: Nice call by Cramer, telling everyone to sell United States Steel Corporation [[X]] at $30.

UPDATE: Via PPT, the highest rated ETF’s:

1 [[AAXJ]] 2 [[SHV]] 3 [[PVI]] 4 [[FXY]] 5 [[DTO]] 6 [[FBT]] 7 [[BBH]] 8 [[VIG]] 9 [[NY]] 10 [[SSG]]

I bought 100,000 shares of BE Aerospace, Inc. [[BEAV]] @ $12.05.

Disclaimer: If you buy BEAV because of this post, the Boeing strike will last forever. And, you may lose money.

As an aside UPDATE: I sold the rest of my The Mosaic Company [[MOS]] , north of $36.25. And, I sold another 1/4th (making that half of my position) of my [[UYG]] , north of $9.10.

Don’t give me the horse shit about taking profits. I know my bias is bullish. That is not going to stop me from preparing for an exogenous event, such as “The Fly” being wrong.

I sold off a variety of names, with exception to the homos at [[M]] and National-Oilwell Varco, Inc. [[NOV]] . At least for now, they are keepers. But, it would be asinine not to take some coin off the table on The Mosaic Company [[MOS]] , [[ROM]] , [[DIG]] , [[UYG]] or [[EEM]] , after their 30% jumps.

I see oil is trading off here, due to gay oil traders. On that news, I want to stay on the sidelines, smoking a large Cuban, while throwing water at people down below in the street.

I have a new watch/buy list, directly from The PPT. I need you to understand something: “The PPT,” despite what your opinions may be, is a fucking God send for me. I put all I know into this little analytic engine and it is saving me hours upon hours of research time. With the extra time, I am able to do all sorts of egregious shit, such as throw empty coffee cups on my neighbors lawn, throw jumping jacks at piker brokers on Wall Street and draw mustaches on the ugly man who dons my $100 bills.

In short, I think it makes sense to take some profits, but avoid going short. The bias is still up. Moreover, do not be surprised to see this market hit 10,000 by turkey day.

NOTE: My cash levels are now north of 50%.

Ultimately, the market is just a compilation of temporary feelings/ideas. I may have a bullish stance now; but that can change with any new data that paints a decidedly bad future. As an investor, it is important to have convictions. But, it is more important to avoid getting killed by them.

Do not let your stubbornness wipe out your bullshit accounts. Keep in mind, no matter how cool you may think you are or how nifty your trading system is: you are subject to error. You will be wrong. Do not let a few little mistakes put you on the street, in a very bad homeless situation.

With that being said, “The Fly” intends to spend his day pushing idiots filled with hubris into murder holes, as the market melts their fucking faces off with florescent pink blow torches. I have no feelings for these people, one way or another. I just toss them aside, into pits filled with snapping alligators, whenever they get within 5 feet of my shadow.

With my money, believe it or not, I may take some profits today. My gains will be north of 60%, after this mornings push higher. And, I feel like getting small.

Still, I will keep the majority of my positions. Moreover, I may even buy some new shit, via The PPT. Nonetheless, sometimes it’s important to claim victory, book profits, then reevaluate where money can be best allocated.

In my opinion, without a doubt, the long side is where you need to be right now.

UPDATE: I took profits on The Mosaic Company [[MOS]] , selling 3/4ths of my positions, north of $36.5

UPDATE II: I sold all of my [[EEM]] position, north of $24.5, all of my [[ROM]] position, north of $28.5 and all of my [[DIG]] position, north of $33.5

UPDATE III: I sold 25% of my [[UYG]] position, north of $9.25.

NOTE: I wanted to rebuild my cash levels to a robust level and I have accomplished just that. I am done selling for the day. Year to date, I am up more  than 63%. I will spend the cash on a dip.

Developing…

UPDATE: Howard says “Stop Being Bearish“—great read.

All southern men eat bbq ribs, while driving to work every morning, and cast aside the cleaned bones onto busy, hillbilly infested freeways.

UPDATE: Via The PPT, here are the top 10 rated ETF’s, based upon technicals (note: some of these are low volume fuckers):

[[SHV]] 3.75

[[REA]] 3.67

[[PTD]] 3.65

[[AAXJ]] 3.6

[[JO]] 3.47

[[OLO]] 3.4

[[FXY]] 3.2

[[FBT]] 3.15

[[PRFS]] 3.15

[[BBH]] 3.1

The top rated inverse ETF is [[SSG]] , at 3.05.

[youtube:http://www.youtube.com/watch?v=BNio_AFk3As 450 300]

Great day for the bears in burlap shirts.

Let me tell you, there is some fuckery going on in this market, with funds manipulating the tape, everyday, 10 minutes to the close. What kind of shit is this?

There is no way everyone decided to sell off of the benign news out of General Electric Company [[GE]] . The SEC is a piece of shit and they are too busy sucking the cocks of our political leaders, than pay attention to what is going on in the trenches. Assholes, your fucking market is broken. This is not the way equity markets are supposed to work, unless of course you are trading in Africa.

Mid-day, I was up more than 10%, but due to the late day robbery; I ended up 3.45%. All of the gains in [[UYG]] gone. Poof!

Normally I’d say this is terrible news for bulls. But, I am telling you now, that was not real. It was a bunch of homos, probably hanging out in the perfume section at Macy’s, driving stocks lower, in order to save themselves from further redemptions.

I want these faggots arrested and throw into a Vietnamese pit filled with alligators.

Top picks: National-Oilwell Varco, Inc. [[NOV]] , The Mosaic Company [[MOS]] and [[UYG]] . Fuck you.