Since some of you don’t tune in religiously every day to learn about what great things Le Fly has cooking up, I’m detecting a bit of confusion when it comes to my content and market bias.
Plainly, I’ve succumbed to the mental illness that has plagued Tyler over at Zerohedge since the day he was born. I do not like stocks in a box, with a fox and certainly not with a cocks. But my bias is somewhat moot in that I quit the business back in late December. I am not trading my account and do not manage money professionally any longer. If I was managing money, I am sure the content on the blog would be different, as I am a degenerate of the first order and love to bury myself in stocks.
Having said that, I have but one position, TLT, and will hold it until the yield curve inverts. It is up over 9% for the year, or 9x better than your fucking nasdaq, so you can go fuck yourselves in the back of a rancid urinal. Sorry, I don’t know what came over me.
I’m also trading the oversold signals in Exodus, which have proven to be extremely accurate over the years. But this isn’t a sales pitch. This is more of a clarification of where I’m taking the site.
None of which I am posting is purely editorial. I am posting mainly news now, with my spin on things. If the news is overly bearish, that’s because the fucking news is overly bearish. I am not simply making these things up. When Macy’s and Tiffany’s warn of impending disaster, I am not able to say “they were just joking, go ahead and get long the shopping mall.”
If you’re relying upon my blog for investment advice, you’re making a mistake. You’re better served going over to The Option Addict’s or Ragin Cajun’s pages than mine, if it’s specific picks that you crave. “The Fly” is too busy talking shit, on a very grand scale, than to cater to the likes of you–offering up stock advice to a class of reader that is simply unbelievably dense.
Along those lines, however, I do manage a GARP index in Exodus, which I update twice per annum, and that’s up 0.7% for the year. Give me a medal.
In summary, I want the world to end because it’d be fun and interesting. Plus, I have a mental ailment, apparently. Also, I’m not managing money. Instead, I am blogging, walking around my house in my robe all day, talking extreme shit and having fun on the internets.
Why did I quit managing money? I was doing it since 1997 and it was starting to make me crazy. Most of the time I was miserable and I got burned out, in spite of all of the money it produced for me. I wouldn’t wish that job on my worst enemy.
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