Moment of Transition

The market hardly went down today and yet Europe needs to raise $29 bill this week.  Taking into account the mathematical certainty that this market is OVERBOUGHT to extreme levels, I am officially neutral and will consider for the first time in a long time going 100% cash, providing the stars align for me, which they most certainly will.

Do not begrudge my caprices with regards to liking a stock one day, then spitting on it the next. My mood shifts with the winds of time. Dark shadows speak to me near urinals and make strong recommendations. Magis visit my domain and cast spells upon my trading terminals, forcing stocks to bend to my will. When I decide to sell a stock, like GSVC, there is uncontrollable momentum that cannot be reversed. Once upon a time, I owned 2 million shares of FTK, from $1-2. I sold it anywhere from $4-5.5. The stock more than doubled after my sales. I am confident GSVC will trade higher without me.

My concern today is to freeze time. I am up 17%, more than 3 times last year’s returns. I needed to slow down my beta and have done exactly just that.

NOTE: Another publicly traded fund who owns a small piece of Facebook and Yelp ripped tits today: SVVC.

Even though the market is driving rail spikes through the skulls of the bearish/communist crowd, I am half out. Thanks to liquidity and an appreciably higher share price, I sold out of all my GSVC. If you would have asked me “do you think you can sell GSVC at $18 before 2/1?” I would have punched you in the face for mocking me. But, the stock Gods are blessing me and you should take it as a good omen, something to be fortunate about.

It is the year of “The Fly” and there is nothing you or your stupid friends can do about it.

In addition to GSVC, I sold all of my DMND position, roasting nuts, merrily, along the way. As you read this, all I have left is SODA, GMCR and SFLY. But, might I add, everything is for sale.

If I can time the market correctly this year, according to my calculations, you will be shocked, then awed and finally dispatched by my hand.

In summary, I am half out, but also half in. I am bullish on stocks, yet cautious. I am the fucking Fly and you are just a reader.

NOTE: Another publicly traded fund who owns a small piece of Facebook and Yelp ripped tits today: SVVC.

I’ve been raising cash through a variety of methods this morning, as it is my right to do so.

Let’s review my train of thought, if you have a moment to spare, kind sir.

I am up 17% for the year and it’s still January.

I am up 17% for the year and it’s still January.

I am up 17% for the year and it’s still January.

I am up 17% for the year and it’s still January.

I am up 17% for the year and it’s still January.

That just about sums it up.

In other news, both SODA and GMCR are climbing. For now, those stocks are off limits. EVERYTHING else is for sale, including this fucking blog.

My wife, Mrs. Fly, accidentally melted a plastic spoon in our oven the other day. Through mishap, while taking pizza from the oven, she dropped a plastic spoon onto the oven’s ass. Frantically, in an effort to recover from such a heinous error, she raced for the drawer to find BBQ thongs to remove the smoldering fork. I watched with heightened curiosity as this event transpired. As pale as a ghost, she took the half melted fork out of the oven, then began lamenting over her error. When the oven cooled off, she scrubbed away, trying to remove the hardened plastic fork from the oven’s ass. However, it was too late.

The fork just sort of spread out on the oven, like creamed cheese. This of course, amongst other things, humored me to no end.

When it was time for dinner to be prepared, naturally, she had forgotten about le fork de plastic. Happily, she placed her roast into the oven, then galloped away, cheerfully, to go read about some new lipstick. Watching the clock, in between sips of Earl Grey Tea, I knew it was only a matter of time.

“WHAT IS THAT SMELL?” she exclaimed. I replied, “oh, it’s nothing but the plastic fork you so readily melted in the oven.” It’s worth noting that I responded with grace, whilst casually reading my book (Bleak House).

“But, we cannot have this smell. What will we do?” Again, in a calm and casual manner, I replied “we shall have the plastic fork for dinner.”

“It’s not funny” she shot back, angered by my relaxed tone.

“As a matter of fact, it is quite. We shall have plastic fork with breakfast and lunch and with dinner” I added.

“Arggg.”

As a sit here, blogging like the wind and the sun, shining gifts of knowledge and joy onto your peasantry heads, I am heating up an english muffin, with a side order of plastic fork. It has a certain aroma to it, part industrial, part cosmic. You can smell the muffin, but also the fork. That’s the beauty of it.

Mrs. Fly has all but had enough of le fork de plastic and harbors secretive designs of tossing the entire oven, curbside, in order to perfume her home with the smells of delicacy. I know this to be true.

Howsoever, I beg to differ.

I scanned for stocks that were upgraded to “buy” and “strong buy”, exhibiting volume spikes and strong technicals–with big short positions, courtesy of The PPT.

I sold out of FSLR (my largest position) and dropped a mill into SODA, into the bell–because I can. I kept everything else intact because it will appreciate in value, immediately, upon trading on Monday.

Have a great weekend.

FBOOK to file ipo and I am long egregious amounts of GSVC. Don’t.say.a.word.

Shhhh.

Long GSVC, GMCR, DMND, FSLR, SFLY, SODA.

Winship.

I reduced my cash position to just 5% this morning, something I rarely do. Why?

I am interested in the prospects of GMCR, based on the SBUX K-Cup sales reported last night. Basically, business is booming and GMCR is heavily shorted. I was long this name back in the old days, before it got popular. I was drinking K-Cups when you were mixing sandy Sanka into your disheveled coffee mugs. If you haven’t figured it out by now, “The Fly” aka Plutonium Petey is a bear-killer. I hunt them and cut their heads off, light their bodies on fire, use the flames to spark my cuban cigars (I smuggled 10 boxes in from Turks and Caicos last summer).

Despite the softness of the market, I am rippppping higher, led by FSLR.

I sold out of my MWW because the CEO is an imbecile and doesn’t know how to annunciate words of the English language. I warned you 2012 was going to be the year of “The Fly”; and here I am, up 10% for the year, bowling on my enemies because I like knocking down pins.

I started a new position in GMCR and added, lightly, to both SFLY and DMND.

Disclaimer: If you buy the above stocks because of this post, the next time you are on a date, walking through a park, you will get struck by lightening. And, you may lose money.

I sold out of MWW.