Do it. Now.
Comments »Late Night Thought
“The Fly” has more gold than you. Much more.
Comments »RHCP: Scar Tissue
[youtube:http://www.youtube.com/watch?v=og42E_H7dLw 450 300]
Comments »Setting Up For a Flush
Throughout the day, I made a variety of changes. I significantly pared back my short positions in [[LEH]] and [[DECK]], while bulking up on [[REW]], [[SMN]], [[SRS]] and [[DUG]]. Also, it’s worth noting, I sold a few thousand shares, very quietly, of [[SKF]]—near the highs of the day.
Chinese related stocks sprinted higher, as did select retail— like [[M]], [[GME]] and [[ZUMZ]].
For the most part, “The Fly” is extremely bearish on the markets, but will take his time averaging into selective inverse ETF’s. The key to building a winning position, is to avoid going “all in” at once. Instead, buy or sell in 10% increments. Meaning: if you are interested in buying 100k worth of SRS, buy 10k at a time.
Trust me, it will give you peace of mind and allow you to manage your bullshit trading accounts like a pro.
Early next week, I expect the financials will remain steady, with tech leading the way down. Short term, I will be focusing my efforts on “hitting” big tech, while trying my best to “machine gun” commercial real estate stocks, via buying SRS.
Finally, it’s worth noting, good ol’ [[HANS]] spiked today. While I’m a big fan of their products, I do believe their recent price hikes (per case) is related to higher transportation and raw material costs. I could be wrong; but I’d avoid buying the stock above $40.
Comments »Late Day Thought
Dennis Kneale needs to shave his fucking facial hair!
Comments »Fly Buy: REW
I bought 4,000 [[REW]] @ $73.10.
Disclaimer: If you buy REW because of this post, your employer will go bankrupt. And, you may lose money.
Comments »Bear Caught Asleep
[youtube:http://www.youtube.com/watch?v=9OxIzDTHD_M 450 300]
Comments »Fly Buy: DUG
I bought 1,000 [[DUG]] @ $42.71.
UPDATE: I bought 1,000 @ $42.21.
Disclaimer: If you buy DUG because of this post, your toilet bowl will explode. And, you may lose money.
Comments »To Hell in a Hand Basket
Good luck buying stocks, “bottle fucker.” I have the utmost disdain for real estate, by the way. Specifically, I despise NYC real estate, since it never goes down. With that being said, I feel it is “worthwhile” to weigh into the REIT fuckers, via [[SRS]]—in a big way.
My “chart chomping fool guy” says: “there are significant breakdowns in many of the SRS components. Feel free to go ahead and sell it, rapidly.”
In addition, I am shorting [[RIMM]], despite being long, for a trade—down to $90. And, with [[FXP]] in the low 90’s, I’m fucking tempted to throw my trader/servant down a sewer pipe and buy that fucker.
Remember, buying FXP gets you short [[LFC]], [[CHL]], [[PTR]], [[CEO]], amongst others.
In short, feel free to get drunk/smoke crackpipe and sell short stocks, again.
Comments »Fly Buy: SRS
I bought 3,000 [[SRS]] @ $116.
UPDATE: I bought 3,000 @ $113.11
Disclaimer: If you buy SRS because of this post, the next time you order Chinese takeout, vermin will be in your rice. And, you may lose money.
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