The Final Destination

I am expecting a mild sell off, after days of gains. For the love of fuck, I am up 5%+ right now.

I sold out of big positions: AG and CVI. I bought a little more CLF and started new positions in YGE and DHI.  I kicked out HOGS when it was up a buck and took a minor loss in VIT and SOHU. I am keeping everything on a short leash.

Considering my cautious stance, I upped my cash levels to 15%. I am not in a rush to sell everything, mainly due to my overweight exposure to WNR, now more than 30% of assets. I know it’s a lot and is not “safe” in the traditional asset allocation sense of the word. However, I am emphatic about the prospects of the company. Plus the voices in my head tell me to buy as much as I can whenever I can.

I am now up for the year and in a position to buy dips. Keep in mind, 15% of my assets is like everything you could possible save during your lifetimes, multiplied by a factor of 1 zillion.

Life is good and my pimp hand smacks the teeth out of the mouths of those who act against me.

On a side note, you are all cordially invited for a Q and A this evening, on StockTwits, from 11:30pm to midnight. I would do it past midnight. However, as you know, at midnight, I turn into a vampire bat and fly away.

I started a new position in DHI and added to CLF.

I posted this in The PPT last night. We are in the midst of enhancing The PPT algo on a very high level. The new algorithm identifies OVERBOUGHT and OVERSOLD stocks,  using our traditional methods and adding in the important layer of time. As you know, today’s market will be different 6 months from now. I noticed when QE2 was announced, the market started behaving differently, ignoring old, traditional correlations. Seeing this, I set out to capture this change and measure it with our robots.

UGA (Gasoline) was flagged OVERSOLD yesterday, using the 6 mo algorithm. Upon launch, we will provide users with 3,6,12 mo algorithms for identifying OB/OS ranges, alongside the current historical methods.

Sneak Peak:

I sold two big positions of mine, AG and CVI.

Buys to follow.

So the analyst at Deutsche Bank upgraded WNR this morning, with a price target of $24. Well, to that I say “it’s about fucking time.” The fundies at the refiners have never been better. On this joyous day, I find myself heavily long WNR and CVI, while taking profits on absurd Chinese stocks (HOGS).

Good Sirs and Ladies of the internet,

“The Fly” is back on a magnanimous scale, up another 4.75% for the day. Just in case you’ve been keeping track, I am back in the black, indeud.

My positioning is flawless and my swagger is incredulous. I intend to make a great deal of money in the weeks and months to come. However, now is the time to raise some cash, based upon celestial mathematics translated through divine hands.

More later.

You’re not qualified to offer “The Fly” financial advice.

I took profits on HOGS.

It successfully cleared all OVERSOLD signals today.

Prior to December:

I warned you dicksuckers this would happen. I gave you access to my time machine (The PPT) and told you QID was woefully overbought, as well as FAZ and other inverse retardo ETF’s. Instead of heeding my dire warnings of imminent melt ups, you bet against the guy in the space rocket. NEVER bet against the guy in the space rocket, for he is much smarter than you and can vaporize your brokerage accounts.

Most of you are very small, with regards to life in general. You come to iBC and attempt to teach “The Fly” how the world works. This is how it works pal:

I got my fucking robe and cape on, heavily sandaled, long a shit load of equities: TRIUMPHANT. I made back 4.7% today buoyed by gains in AG.

Towards the end of trading, I cut loose another loser: ATPG, booking an 11% loss. With the proceeds, I doubled my CLF position. All in all, I took today’s strength to reshuffle or optimize my portfolios to take advantage of the current tape. If I wasn’t feeling a stock today, I cut it loose, as was the case with OXY, CLR and ATPG.

Over in my personal, I booked gains in TNA and EXK and loaded up on VIT, HOGS, SOHU and TZOO.

Finally, should the Greeks drop the ball here, all of my gains, AND MORE, will be gone tomorrow. Knowing this, I upped my cash position to 10%. Nevertheless, I am long into uncertainty, yet again.

It gets them every time.

XXX EXTREMELY GRAPHIC XXX