How Are You Not Scared?

Rail and trucking volumes are ripping to the upside, over the last 3 weeks. Companies like Genesee & Wyoming Inc. [[GWR]] and Landstar System, Inc. [[LSTR]] are doing well, while chemical companies like NewMarket Corporation [[NEU]] and Lubrizol Corporation [[LZ]] ramp due to increased demand. Without a doubt, worldwide growth is back and companies are making lots of coin again. However, we are on the verge of passing a monumental health care bill, fraught with non-sense, that will affect everyone in this country. And yet, with all of this on the table, we get another 40 point uptick in the Dow?

WTF!!??!!

I sold out of my Silicon Storage Technology, Inc. [[SSTI]] position, for a minor loss. I don’t think a competing bid will emerge, now that the Chairman is backing the SSTI board. And, I added to my [[VXX]] position. Remember, I still have longs, like GlaxoSmithKline plc (ADR) [[GSK]] , Teva Pharmaceutical Industries Ltd (ADR) [[TEVA]] , ICICI Bank Limited (ADR) [[IBN]] , Citigroup Inc. [[C]] , Brocade Communications Systems, Inc. [[BRCD]] , [[CBD]] , Flotek Industries, Inc. [[FTK]] , U.S. Global Investors, Inc. [[GROW]] , [[MWW]] , POSCO (ADR) [[PKX]] , SandRidge Energy Inc. [[SD]] and Sociedad Quimica y Minera (ADR) [[SQM]] . So, think of my adventures into volatility as a hedge against my longs. Essentially, I am attempting to limit my downside, at the risk of capping my upside.

The bottom line: I am very close to buying a chemical or trucking name. And, I will be sure to be long Adobe Systems Incorporated [[ADBE]] , just in time for earnings. Howsoever, I refuse to buy up here, as retard stocks like The Boeing Company [[BA]] climb higher every single day, based upon air.

The market seems to be pricing in a phenomenal economic turnaround, a nirvana of sorts for greedy goblin like policy makers. With the new economic renaissance right around the corner, we can afford all sorts of shit, like fucked up health care, astronomical military expenditures and corrupted education budgets.

In the rare event that you are out of work, bereaved by unemployment, fear not for your dumb ass will be working at a local Census Bureau in no time at all!

I should have listened to my instincts and bought General Cable Corporation [[BGC]] , when it was sucking the gum off the concrete. Now that it is popping higher, I have nothing but hatred for the name.

In summary, economic nirvana is upon us, so ignore all jargon pertaining to bad stuff.

I really need to go drink a lot of beer right now, so I will make this brief.

Instead of being all cash, I own a shitload of treasuries, via [[TLT]] . While I wait for “my market,” I get a .38 divvy per month and protection against a declining market, since treasuries is the true flight to quality, NOT gold. I’ve been buying [[VXX]] due to my belief that the era of zero volatility is long in the tooth, to say the least. Also, if the market dips, it will rapidly appreciate, serving as a hedge against my long positions. Don’t worry, before you know it I will be tossing old fuckers into lit fireplaces again. However, for now, I need to make these moves.

NOTE: I sold some U.S. Global Investors, Inc. [[GROW]] @ $11.40

NOTE II: The PPT is nearing 3.00 hybrid again. During this epic run, the 3.00 mark has been ignored. However, for how long will this run last?

I bought 15,000 [[VXX]] , under $22.40.

Disclaimer: If you buy VXX because of this post, the next time you get sick, your doctor will rub Vicks all over your face. And, you may lose money.

UPDATE: Go check out Scotty Bleier at Yahoo’s Tech Ticker.

The higher this market goes, the more entrenched I become in my indifference towards long positions. Just today, I plotted out a scenario that put me at 0% equities, 20% treasuries, 10% Vix and 70% cash. The way I figure, I had huge back to back years, being up more than 150% over the past two years. Already in 2010, I find myself up another 15%. In other words, I execute thousands of trades, in numerous different asset classes per year. It’s not an accident or luck that has gotten to me to where I am today. I will trust my instincts, over yours, 10 out of 10 times. If I am wrong, I can only blame myself.

Within my long equity positions, I like U.S. Global Investors, Inc. [[GROW]] , [[MWW]] , [[TAN]] , POSCO (ADR) [[PKX]] and [[CBD]] . However, I will not be adding to any of them here. If anything, I am a net seller, not a buyer.

Okay, for the remainder of the day, I will be planning to get drunk and act stupid, in celebration of St. Patrick’s day.

More later.

The democrats are on the verge of bankrupting the country, via an egregious health care program. I know some of you political hacks are up in arms over such things. However, the way I see it, those goat fuckers are doing us all a HUGE favor, by expediting the inevitable. It’s like taking a bandaid off quickly, opposed to doing it slowly with lots of hair underneath.

As an aside, I like the action in CIT Group Inc. [[CIT]] and Adobe Systems Incorporated [[ADBE]] , for specific reasons. I like CIT because “The Real American Psycho” aka John Thain was thrown a bone by government dick suckers. And, I am pretty sure ADBE will blow away earnings, coming up next week.

My conundrum is more of an emotional one, instead of logical. The only headwind I am faced with is [[VXX]] . But the losses are entirely acceptable. Don’t worry about me. On the other hand, my [[TLT]] position is ticking higher again, despite all of this risk trading fuckery. All of this, AND MORE, should make you think: is the government looking to exit Citigroup Inc. [[C]] under advantageous market conditions? Moreover, is the government interested in getting TARP funds back, in order to start some new socialist agenda? There is much more going on here, than simple/innocent daily 40 point advances. Something sinister is afoot and I am not interested, at least not now.

Finally, [[MWW]] is trading higher again, based on chatter amongst urinal shadows—pertaining to takeover bids.

I don’t go to your house and tell you what brand of disinfectant to use when mopping the floor. I don’t barge into your office and demand that you swap out your old/bullshit blackberry, for a more advanced iPhone. Do not come here, to my internet office, and tell me—emphatically—how I should be managing money. I’ve been doing this shit for too long, too well, to take advice from anyone.

Let me explain my arrogance more specifically. If Warren Buffett himself came up to me and said “hey Fly, you’re a really neat guy. Why don’t you buy some Goldman Sachs Group, Inc. [[GS]] ?” I’d tell Warren to go fuck himself and to quit interfering in another mans business.

Most of you readers out there are mechanics or bullshit attorneys. You have to understand, this is my field of expertise. There is nothing that I take more seriously, than zigging through your zags.

For example: I own a shit load of Treasuries now, via [[TLT]] . And, I have some exposure to a badly bruised ETN: [[VXX]] , which will SOAR, should the market decline.

Do you seriously think I need you to lecture me, a God amongst men, about the inflation scenario and how it pertains to U.S. debt, with respects to yield? Or, do you think (be honest now) that I need to be reminded of how fucked up [[VXX]] has performed, during this bull run—an era without volatility?

Your financial advice is not appreciated and is of great offense to me.

See folks, when visiting iBC, you need to walk on egg shells. One comment too sly and you’re fucking banned for life. One little derogatory remark about the good/honest people at Goldman Sachs— and you disappear off the face of this site. All traces gone. Poof!, as if you never even existed.

In summary, “The Fly” wins all the time, even when you think you are right. I siphon your winship!

It’s a low probability bet, fucking with Senor Tropicana. I highly recommend you to go fuckkkkk yourself, instead of messing around with a space alien magician carrying a blood stained clawhammer.

Before going out and buying a basket of inflation plays, ask yourself: “why the fuck is the price of [[SGG]] going lower?” This plagues me, like nothing else. I mean, have people stopped eating chocolate bars or cereal? Is there some sort of glut in the system due to a precipitous drop in sugar ethanol demand? All of these questions, AND MORE, shall be answered at a later date.

For now, I will focus my efforts on not losing what I already made. Case in point: [[TLT]] holds its ground, in the midst of your bullshit inflation rally. What does that say about you?

Answer: it says “you’re an asshole.”

Also, it appears the shareholders of Silicon Storage Technology, Inc. [[SSTI]] are adamant about telling management to “go fuck themselves,” regarding selling the company to Microchip Technology Inc. [[MCHP]] for $3.05. Call me crazy, but I think another bid is waiting in the tall grass waiting to strike the antelope fuckers from Microchip Technology Inc. [[MCHP]] .

Finally, Citigroup Inc. [[C]] is looking pretty sporty. All in all, I am very, very content with my positions and look forward to buying your positions, at much lower prices.

NOTE: As discussed in The PPT yesterday, I bought 20,000 [[MWW]] , low $16’s, unsolicited.

LASER SHIELD: [youtube:http://www.youtube.com/watch?v=5cp2Z712XtY 616 500]

TOOL BOX on Sugar:

I will be in an out of the office today, partaking in “unforeseen events.” The market is doing exactly what I didn’t think it shouldn’t do. While you try to figure that out, always remember, Larry Kudlow is actually an old fashioned Goldman Sachs permabull trading robot. You didn’t think he was actually….never mind.

Market up, gold up, oil up, dollar down and treasuries up!!?!! Color me skeptical.

More later.

Now I know why the bearshitters are so bitter. When you take a step back and look at the market objectively, as I am now, it is rather ridiculous the way this thing is being manipulated. Thanks to urinal shadows, I am not short any stocks. So, my slight frustration is rather laughable, compared to hard core bears, who have been taking needles to the eyeballs for months now.

Despite the late day surge, the dollar was robusto and the long bond was solid. Coupled with the fact that many commodity names were taken out and shot, I’m guessing a stiff sell off is right around the corner. Even still, I have no interest in going short, not now—and maybe never.

Instead, I can just hide out in low beta shit and use small [[VXX]] positions for excitement.

Oh, by the way, I am very knowledgeable of the VIX and the options that rob people daily. There is a reason why I am opting to go with [[VXX]] over ordinary calls. Don’t get me started on “the option people,” for they are the lowest form of life on Wall Street—true cellar dwellers of the worst kind.