While We Go To Hell, I’m Buying Stocks

I bulked up on AAPL, which is a defacto and filtered play in the Nasdaq. Also, I started a position in ONCE.

I sold out of XLU, for a 3% loss. Fuck this shit. If I’m gonna play, I am gonna play to win.

The recent decline, albeit shallow, has reduced a lot of high margin players to rubble. If today’s gains stick, anticipate that it will be messy, it always is. After we get a few days of win under our belts, then the market can really run higher, which is why I’m targeting Thursday as a good day to sell shit you bought yesterday and today.

Don’t step to me with Puerto Rican bond payments. I never want to talk about that.

Apparently Greece wants a last minute, 2 year, deal. Will it happen? Can it happen? Why do we give a shit?

In summary, I’m very happy to see the market not down 350 today; but it still as a lot of mud to wade through. If we get some news, we V shape higher. If we are left to our imaginations, these fuckers are gonna sell the market down. That’s the sort of brooding mood the market is in now–everything is shit.

Fuck all of you dick-strokers who profess things that you know nothing about. When the market spirals higher to new highs again, I am going to be bashing in your fucking skulls with cinder blocks. All of the shit you brought forth tonight, about the interwebs, warning of imminent disaster, shall be delivered to you 10 fold, in the form of nuclear atomic device strapped upon your person.

We’re gonna strap that shit on you, then shoot your out of a carnivale cannon, into the Pacific ocean, directly into the mouth of a giant whale. We’ll blow you up and the stupid, dumbass, whale to Kingdom come.

Look, this game has played out the same way for the past 6 years. Today, Zerohedge and Co starting walking around Manhattan, all naked, with their dicks out and shit, reading newspapers–acting all intellectual and what not. Out of nowhere, a giant ass-raping ape is gonna step into the foray and decimate them, eat their newspapers and shit– then kick them down into the sewer pipes.

I can do this shit all day. But the bottom line is this: WE ARE GOING–the fuck–HIGHER.

I am very tempted to kick out my entire XLU position and exchange it for biotech/beaten down tech chicanery. However, I am reminded of several occasions when the plan didn’t exactly pan out as expected.

Markets are predictable until they’re not. They change over time and eventually new trends displace old ones.

Is it possible that the market will continue much lower from here?

Of course. Anything is possible.

Is it likely?

No.

But the way I see it, I already have 30+ stocks with long exposure out my ears to participate in any rally to come. For the day I am off by 1.75%, which is pretty fucked up. Over the past week, it has been one slow drip after the next. Now this: BOOM goes the hammer, falling down upon my fucking brains.

I think I will keep XLU and use it for an extreme sell off.

What might be considered “extreme”?

Maybe another 2-3% lower tomorrow, or if we drift lower by 10% from recent highs. XLU should outperform all asset classes in an environment like this.

The temptation to act fast and hope for the best is here and gnawing at me. A lesser man would’ve partaken in wonton degeneracy and then taken to Twitter to declare a bottom. I’m too old for this shit and know the game has only just begun.

We will be appreciably higher within 3 trading days.

The technicals have been eroding over the past week. We’ve see the “June Swoon” really grip the hearts and minds of the unwashed, as they now scurry for the exits like rats aboard the SS Titanic. Very sorry, there aren’t any lifeboats reserved for rats.

This is the sort of tape that needs to be waded through. Headline news will be negative and sentiment dour. Nonetheless, every single time the chips have been down, our Central Bank Overlords have saved the day. I don’t see any reason why this shouldn’t happen this time around. Look at the euro. It’s up for the day.

Does that make sense?

Of course not.

Prepare the helicopters for rapid papering over and subsequent stock market rallies. I’ve always been a huge fan of QE, now more than ever. In this regard, nothing has changed. As a matter of fact, the printing presses need to work with even greater vigor and tenacity now, since the ass-end of Europe has decided to shit out their economy into the Mediterranean.

I am living Victorian style, finally.

Who needs the basic luxuries of modern refrigeration when you have perfectly good coolers filled with ice to preserve provisions with? Sure, the $800+ amount of WFM groceries that had to be idly tossed away was a write down; and yes, it’s a bit of an inconvenience to be forced to eat out each and every night. But we will manage and prevail, yes?

Why haven’t I purchased a new fridge, you ponder?

Apparently, Mrs. Fly is hellbent on seeing her warranty honored. The yam eating repairmen are all on vacation, cavorting about the Disneyland in search of dipping dots, while I am here in the 19th century tending to the melting ice. After all, what better use of the Space Alien Magian (SAM) than have him dealing with menial tasks, such as preservation of perishable goods?

Markets are starting to look dicey. I was mocking them this morning, while down just 130. But now we’re down over 220 and the fucking NASDAQ is no joke to the downside. I’m not even gonna get emotional over this. I know you’re waiting for me to pop off, pissed off about this or that. It’s not gonna happen this time, lads.

“The Fly” is a new man, a person of great distinction and emotionally recalcitrant to the modus operandi that rules your body, minds and souls.

Wake me up when black smoke and chards of metal are bustling through the city streets.

My XLU is up. My SAGE is even up. And only 50 NASDAQS have been stolen from the national treasury. Am I supposed to be fearful of this? If you want my attention, you’re gonna have to steal at least 100 NASDAQS. Even then, my emotional barometer is a bit broken right now, maybe because of the fact that I DON’T GIVE A SHIT.

Fuck the Greece monkeys and everyone else north, south, east and west from it. Fuck them all.

We will wait and see this whole ordeal out. I have some cash on the side and my XLU position is very large, leaving me in a position of dominance over you. Now you can talk shit about how awesome and amazing you are, as your stocks knife lower and your net worth plummets to negative equity.

Off to see about a sandwich, since I don’t have a fucking refrigerator anymore and live out of a god damned ice-box/water cooler.

Greece walked away from the Nazi table and will exercise a bank holiday tomorrow, as well as implement capital controls. Bordering Macedonia is taking precautions as well. This is the end game for the Greek people. Very soon, they will be starving, en masse, as deflationary forces grip their heads into the vice of German machines.

The euro is down about 1% and the outlook for equity markets looks ominous.

But will Grandma Yellen and co simply sit back and watch these shenanigans without taking action? Will the good Dr. Benjamin Bernanke, in his dimly lit corner office at Citadel, sit back and watch his good work go to waste?

1. Forget about Fed tightening. It’s a ridiculous notion and will never happen when police are in riot gear trying to control fuckers who don’t want to pay their bills.

2. The ECB will be forced to print until their heads explode, to backstop any losses due to a Greek exit. Fuck all of you assholes who say “Grexit.”

The ECB has been giving money to Greece in order to keep their euro pipe dream intact. The biggest loser in all of this is Germany, giant fucking bagholders, ashtrays for the lazy giraffe eaters in Crete.

Dips will be bought.

I don’t know why some men dislike Brad Pitt. For the love of God, the man starred in Fight Club, Inglorious Basterds, Legends of the Fall, A River Runs Through It, and now Fury.

This is a fantastic war film, offering a less jingoistic approach to glorified battle in favor for the harsh realities. This is not a sugar coated WW2 war film and it will make you feel uncomfortable at times. It’s haunting, inspiring, and also bad ass (cue Pitt speaking in German as he mows down the Nazi bastards).