The High Probability Trade Wins Again

Barring a “sell the news” reversal post successful Greek austerity vote, this trade set up was incredibly amateurish and easy. If you were betting the Greeks would deny austerity and pave the way for EU failure, you’re fucking nuts. Always remember, the ruling class wins all the time, especially when they appear to be losing badly.

The ruling class chose a path of action back in 2008. That’s the blueprint you need to follow, going forward. Quit being a lazy goat fucker, thinking history is going to repeat itself. As much as you would like this to be 2008, it’s not. This is 2011 and the BEARDED CLAM is manning the printing presses with great vigor and tenacity.

None of what I am saying is actually “good” for the world economy. However, this course of action is enough to delay default and skew investor sentiment towards inflation versus deflation. Where we end up 5 years from now is anyone’s guess. I suspect, by then, I will be a neighborhood Warlord, in charge of grain provisions and setting up barricades around my local fort.

Right now, I will be raising cash into the maelstrom of sweet austerity.

It’s tragedy, then joy. It’s tumultuous sadness, then frenzied elation.

It’s drinks on the beach, then FUCKING GAS MASK AND GOGGLES ON WHILE BROADCASTING LIVE ON CNBC.

Asshat!

I will be raising cash soon.

Whew, that double dip threat was real scary. I recall about 1 week ago, a small amount of perspiration began to accumulate near my right eyebrow. Upon seeing this, “The Fly” quickly jumped into the shower, then went for a swim and forgot all about it.

It’s time to eat grapes and beluga caviar again, while “feeling bad” for the unemployed. Everything is grand and life could not be better for the haves. If you are not in the club yet (net worth over $1 million), try harder and quit letting your brain get in the way of a good decision or two.

A few threads ago, a reader took great offense to my barrage of insults towards your person. You mustn’t take what I say personally, unless of course you are well deserving of it. After all, I single out no one; therefore, I offend no one. There is a certain art when drumming the heads of my enemies to dust. They come to iBankCoin everyday with great hopes that I will decline and drown in a baby pool filled with piss water. Howsoever, just when you think “The Fly” is losing, BAM, he fucking wins. It’s important that you understand EXACTLY what is transpiring here, as I am documenting the world’s greatest trader for present and future generations. Books will be written using my posts.

Nevertheless, you are part of history, as I climb the tall ladders of winship. As you readily know, I am in possession of the only time machine available for retail usage. And might I point out, it was right, yet again. Do not covet what is not yours and never whine, it sets bad precedent and you make yourself look weak in front of your wife and kids.

On the backs of UCO, WNR, CLF, TZOO, EXK, TKLC, NXPI, BGC as well as others, I pushed forward by 3% today.

Off to abduct farmers in Iowa.

[youtube:http://www.youtube.com/watch?v=Dlc9pPeS2Q0 616 500]

I started a new position in PFCB.

Take out for the squeeze.

Where are you fucking faggots (no offense to gay guys of course) now? All of the shit talkers who were trying to offer Le Fly advice, based upon retards in the Mediterranean, had much to say when I held my ground, exclaiming with great vigor and tenacity to hold firm and buy the blood.

Fast forward to today, I am up 2.5% intra-day, pushing my YTD gains to 5%. I do not curry your favor or accolades. Instead, I intend to put you in your place, which is cabin class on iBC. You are not permitted to ever offer Plutonium Petey financial advice, nor besmirch my largest positions. I might allow you to chat about my small positions, but never my big ones. They are like my family. Would you allow some asshole step into your place of business and talk shit about your family?

I didn’t think so.

Like I said yesterday, the squeeze is on. Try to position in names with large short positions, trending higher. I like silver and oil here, as does The PPT. However, I am not interested in oil equities, just the commodity. With my money, I am looking for tech and restaurants.

NOTE: I booked profits on BGC.
Developing…

I bought NXPI, FSII, CY and GNK.

NXPI was my largest purchase.

The next Federal Reserve Chairman, Rick “BOSS” Ross
[youtube:http://www.youtube.com/watch?v=PNTavDxvsnI 616 500]

You heard it here first for the 10,000th time: the housing market has bottomed. Actually, I don’t give a shit about making “epic” (NO HOMO) calls like that. I am long DHI and BZH and will be content with making some quick coin, then flip out of those suckers.

I posted my semi buy list inside The PPT. I am close to buying some NXPI. I like their auto exposure. About 30% of their revenues comes from the automobile industry. One of their products is the mobile key chain thingy that lets you lock or unlock doors: yeah, that’s them.

Silver is still on the fence here. Eventually, it will come around and eat the livers of those who short it.

For now, I want to see how the first half hour of trading goes. Although we are higher now, the market is filled with pussies who sell stocks whenever they see their own shadows–like groundhogs.

“The Fly” is never scared because he is supported by powerful urinal shadows and plutonium powered space rockets.

On a final note, I am interested in buying banks, despite widespread reports of global depression.

UPDATE: I sold out of DHI. I didn’t like the action. Still holding BZH.

I am witnessing a lot of bottoming action in tech names, mainly because sentiment is so poor. Unlike the recent drop in commodity shares, many tech names have been depressed for 3-4 months now. They are, without a doubt, pricing in calamity. It my estimation, much of the panic is entirely unwarranted.

Let’s presume number needs to come down a bit. That’s doesn’t mean share prices are set to cascade, fuckface. Take a name like CREE or BRCM. Both of those stocks have priced in China declaring war on France, enslaving the cheese class to a life inside insidious iPAD factories, managed by the brown shirts at FOXCONN. I am real close to buying a basket of tech stocks, focusing on the semis. Additionally, I like the banks here. Call me a gorilla with a long cock, but I think the regionals deserve some investment dollars, particularly in the Southwest region of the U.S.

The Greeks will kick the proverbial can down the road so that their fucking grandkids can foot the bill. That’s what we fucking do here, son. Do not player hate on the can kick, for we have been kicking our own cans, as well as elderly balls, for quite some time now. I have no problem with status quo. In fact, I pray to magical creators in the sky to anoint Mitt Romney our new oligarch leader, so that he could reinstate all sorts of reckless spending habits, buoying the market to 20,000.

If you are looking for a fucking crusader, hellbent on tossing “bad bankers” in buttfuck prison, you’re barking up the wrong tree. Go Disney your childish asses over to DENNINGER or “Zeroledge”, so that you can skydive above live howitzer cannons. I am only interested in banking coin and doing so with extreme prejudice.

For the year, I am up 2.5%. It is not a good number, but much better than the -8% I was donning two weeks ago.

“The Fly” is very much interested in winning, but more so in seeing you lose. The transfer of coin, from you to me, is transpiring as we speak. My mojo is back and I feel a certain sense of victory awaits in the balance. I’ve been doing this long enough to know when to push my bets and when to accept losses.

Fucktards from the interwebs, strange human beings from around the world: you are about to witness a great spectacle, live, as Senor Tropicana takes his lowly single digit gains to double digits– as if he was pulling tomorrow’s newspaper out of his top hat today–in no time at all.