You have no idea how disturbed “The Fly” is right now. He gets like this whenever the market disobeys his wishes. As we speak, he is shadow boxing, with a full beard on his fucking face (where else would it be?). He looks at stocks and their respective stock prices, scrolling on his teevee, and laughs at them profusely, while throwing popcorn at them exclaiming: “stop it, you’re killing me.”
FFIV over $100. NFLX over $140. AKAM over $50. It’s too much.
As it stands now, “The Fly” will never invest again, unless we sell off. You might as well get accustomed to the sage advice offered by the other bloggers on iBC, ’cause Fly has no interest in ever buying stocks again, unless of course we sell off.
It’s not a game anymore. Never has, never will be. I do expect the market to trade 200-500 points higher today, on the back of worse than expected Philly Fed numbers. Whatever the market is supposed to do, the opposite will occur. Should we find out the economy produced 1,000,000 new jobs next month, the market will crash on that news. Anything to fuck with the sane.
Pardon me, kind sir of the internets, I do not mean to castigate you as being crazy. But you must see yourself from my vantage point. See, your perception of yourself is normal, tax paying citizen, God fearing, avid buyer of American stocks. I view you as a dog licking peanut butter off a rusty fire hydrant.
I got my knife on my side and beard on my face. Go ahead, fuck with me. I dare you.
UPDATE: I sold out of long term holding, iBN, for a 40%+ gain. Cash position is now 55%.
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