I am at my limit, with just 10% left in cash. I’ve had my fill with the long side, heavily invested in EXK, AG, CIEN, NFLX, RENN and WNR–just to name a few. On the short end, I am in VXX and short EXH. Based upon the irrefutable laws of mathematics, the market is rising today.
In this world, there are certain axioms that hold true. The PPT is one of them.
For those of you who doubt my pimp-hand, I intend to smack you with it. On the beard of Benjamin Bernanke, we shall have a rally, AND MORE, then scurry down the wormhole to enjoy the horrors of another great depression.
I don’t mean to sully you by calling you names and/or speaking to you with an overbearing condescending tone. But you must understand, I am very busy preparing for elaborate celebratory engagements, as iBankCoin turns 4 on November 12th. It’s been quite a ride since I’ve started this campaign, transforming iBC from a bullshit five finger website– into a fucking fist. Over the years, iBankCoin has undergone many transformations and bloggers have come and gone. But what we have done recently, adding the Blogger Network and ramping up our Financial News arm will elevate this site to levels that only God himself can see–even if there isn’t such an absurd thing.
In summary, I am very long here, but holding onto legacy hedges “just in case.” I am not bullish or bearish, but advantageous.
Off to see about some gorilla with cocaine leaves in his mouth banging on my front door.
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