Position Update: FED

It [[FED]] is being “Ducatied.”

Carry on.

The name (China Mobile) is being viewed upon as a black-footed albatross in the investment community. It is widely believed that the new telecom shakeup in China will hurt [[CHL]]. With a market cap close to 300 billion, there is significant downside to share price of CHL.

My chart guy is busy drawing squiggly lines on graph paper. He told me: “it’s going down the shit box, from here.”

This fits my short position thesis; so I though it made sense to pass it along to you.

[youtube:http://www.youtube.com/watch?v=zhkt6fpCY6c 450 300]

As you know, “The Fly” was expecting to see a short squeeze rally, especially in the financials.

This is the part of the downturn, where everyone says: “hey asshole, it’s not that bad. Plus, there’s lots of cash on the sidelines,  dying to get in.”

I love how fucktarded pundits think idle cash is always “dying to enter the market.”

I know people with 10 million in their bank accounts, zero in the market, who could give two fucks and a gay goat about investing in this rigged game. Most normal people are sick of the market and its stupid ways; they rather invest in their own business.

Unfortunately or fortunately, depending on how you look at it, this is my business.

Hell, if I owned a chain of asshatteries, grossing more than 10 million per year, I would never visit this retarded website or have an urge to participate in asinine “short squeezes.”

With oil selling off a little, people with small brains are selling out their oil positions, due to fears of a “top.” Also, financials are sprinting higher, with exception to the “fortune cookie morons” at [[LEH]].

My short in [[CHL]] is still working. However, should this mini rally extend, it will cave into the bulls. It always does.

This rally was made for suckers. I will sell into it, while quietly sipping on a cup of crude oil.

Top pick: [[RIG]]

I sold out of my [[AAPL]] @ $183.56

Everyone I know is bearish on oil. They exclaim: “No way is this price gonna stick, fughetiboutit.” As they are saying that, covertly, I add to my bountiful oil positions.

All of the talking heads on CNBC have declared a bottom in the market and a top in oil, about 10,000 times this year. Once upon a time, “The Fly” attempted to “time the top” in crude, and most recently corn, neither worked out in my favour [sic].

The sooner you come to grips with the stark reality of not knowing what the fuck you are talking about, the sooner you will start banking coin.

This is true.

Oil is going to rip the heads off those betting against it, then shit down their necks.

In other news, I like [[FXP]] and [[SRS]] here. I must sound like a fucking broken car alarm. Quite honestly, as opposed to not-so-quite of a lie, I am sick of talking about my positions. Just know, I am on some sort of auto-pilot money making bonanza right now.

One big development, I have decided to sell out my entire [[AAPL]] position. I’ve been long the stock, since $50; but it’s time to move on.

If there is one thing, above all, “The Fly” wants to see a short squeeze, of mammoth proportions, in the shares of [[FTK]]. Come on losers. The stock is cheap and the amount of shares sold short is absurd.

Off to Dunkin’ Donuts, disguise (fake mustache) and all.

Developing…

[[FSLR]] is a fucking joke.

I’ve never seen insider selling this egregious.

The hits keep on coming.

Go get some cheese, yo.

[youtube:http://www.youtube.com/watch?v=_-_IFAt8ka0 450 300]