Filed under “Chart Art”

This was debuted tonight on Stocktwits. I give you “The Cock and Hammer Formation”

Set for auction at Sothebys this Saturday. Be there!

Starting bid: $95,000

This is being auctioned at Sotheby’s next week Friday.

Starting bid: $35,000

Name: SILVERFUCKED

Artist: Dr. Le Fly

NOTE: iBC is now accepting direct advertisers. Do not be scared off by prices, as we are a premium destination. I will accommodate all, one way or another.

I know most of you ignore 8k’s like the plague, mainly due to your misguided beliefs that fundamentals don’t matter. Quite the contrary.

There is an urban myth out there that says “technicals trump all.” The truth of the matter is, without fundamentals, all of you fancy break outs would fall flat on their faces. The root of all bull and bear markets are embedded in the core fundamentals of the economy. Take AAPL as an example. None of your retarded charts could foretell such outperfomance, over such a long period of time. I acknowledge the fact that technicals can point a novice in the right direction. However, for the most part, technical analysis are the childish pyramids at Giza, while fundamental analysis is Puma Punku.

Case in point: Analyst Bomber’s call in AMSC. None of your moronic charts pointed to this sort of collapse. The same could be said about my recent call on the refiners or Muddy Waters’ obsession with Chinese lottery scams. The point: pay attention to the fundies too, if you are interested in seeing the whole picture. In my opinion, technicals are just one side of the story. It keeps you disciplined, but blind to many moving parts in this market.

I am about to launch a series of new tools inside of The PPT that will give the user the ability to scan analyst estimates, high and low, as well as revenue. How can this be useful?

Well, take the refiners, as an example. Aside from low PEG ratios, nothing in the current numbers say “this is bullish.” However, if you were able to scan for projected EPS and revenue growth, then calculate a high end estimate FPE and PEG, you would be like “OMG, this is so awesome and amazing.”

In summary, “The Fly” is about to launch some pretty “awesome and amazing” shit, on these here internets, within hours. PPT members stay tuned.

A reader requested my technical analysis on crowd favorite WNR. Naturally, I complied.

Note the “Awesome and Amazing” (AnA) formation. It trumps the “Cock and Balls” (CnB).

UPDATE: CRACK

Notice how the punch buggy is racing for the trembling face. Coupled with the “cock and balls” formation, the dollar is sure to slide lower. Keep in mind, the dollar was UP last year. For those of you who are basing their “dollar assumptions” simply by looking at a chart, you are doing yourself a grave disservice. The “fun” hasn’t even started yet. The move lower in precious metals is not a tell, but a symptom of asset allocation rotation.

BEHOLD:

“The Trembling Face” formation is upon us (note: this will auction at Sotheby’s next week. Starting bid: 400,000 euros)

Notice how my charting skills are so good, so precise, it (my fucking chart) does not require “rookie lines” or commentary. The chart itself is alive, breathing; it is art.

To hold or not to hold is the question. As you shall understand and learn quickly, the fate of the markets, your fledgling business and most certainly your life is intertwined with the daily on doings of the chart, most prominently featured above. Indeud.

NOTE: The name of the stock or ETF is entirely irrelevant, which is the reason why it is ommitted, as it is none of your concern. It’s just another reason to trust your #1 source for “Chart Chompery,” from your host, Gracious Fly.

Okay folks, this is really important/ high grade shit. I am allowing you to be privy to the “magic of circles and triangles” and how they portend certain doom and disaster within equities.

Notice how the circles and “dorito-like” triangle are fucking with each other. It’s almost as if the triangle is laughing at the pathetic circles for being a pair of pussies. On the other hand, the circles have the triangle in a “super-fucked hemlock” which can result in a disastrous market calamity, even nuclear war.

In my work, as a licensed “chart-chomper,” I have never seen the circles attempt this move. This move is equal to or worse than applying the figure four leg lock onto a person with two broken legs; yeah, it’s that fucking bad.

The only way this market can survive such a predicament is via the formation of a “super-triangle fuck you style pizza hamburger” formation. Let me tell you, if such a thing were to occur, the short sellers would be better off traveling back in time to abort their own births, than endure such a torturous move to the upside.

It’s that serious, people.