What’s Good For STAR…

…is horrific news for Alcatel-Lucent (ADR) [[ALU]] , barring a takeover attempt on the little French networking giant. A merger between Starent Networks Corp. [[STAR]] and Cisco Systems, Inc. [[CSCO]] is beyond synergistic. It is an exercise is corporate harmony. Together, both STAR and CSCO will gallop around, like little school girls, conquering the core router market, with an emphasis on destroying ALU.

At this stage, [[ERIC]] and Alcatel-Lucent (ADR) [[ALU]] should just merge. Get it over with. Or, better yet, they should make a competing bid for Starent Networks Corp. [[STAR]] . However, they will not win, since they suck and Cisco Systems, Inc. [[CSCO]] is God.

As an aside, our wonderful friends from China intend to cut taxes on steel makers—by year end. This is HUGE news for the steel industry, as it will lead to consolidate and eventual margin expansion. Without a doubt, this bodes well for POSCO (ADR) [[PKX]] , [[GSI]] , Aluminum Corp. of China Limited (ADR) [[ACH]] and every other steel producer in the world, since the global market is one big orgy of steel loving hillbillies.

Naturally, I am quite upset and I am trying to talk about other things, missing out on the CSCO for STAR merger. However, I am not obsessing over it, in any shape, form or manner—nor would I ever use “non-corporate” language to describe my dismay. I sold too early, trying to be cute. That’s all.

Based upon the worldly advice from the cigar smoking shadow near my favorite urinal, I like TriQuint Semiconductor [[TQNT]] , TEKELEC [[TKLC]] , Ceragon Networks Ltd. [[CRNT]] , Aruba Networks, Inc. [[ARUN]] , ADTRAN, Inc. [[ADTN]] and Akamai Technologies, Inc. [[AKAM]] , especially thanks to the STAR for CSCO merger (I swear, I am not obsessing).

Separately, I like DryShips Inc. [[DRYS]] , POSCO (ADR) [[PKX]] and General Cable Corporation [[BGC]] , for gut-cheque [sic] reasons.

Ok, I’ll be the first to admit it; runaway bull markets are boring. You have to understand, I’ve done this shit before—ramp up, make a bundle, then repeat. At least in bear markets, people are bugging the fuck out, making the whole experience all the more interesting, pardon my inappropriate grammaur [sic]. When the market was fucking itself, as a blogger and money manager, it was nirvana. Oh, how I long for the days of total collapse.

But, unfortunately, “The Fly” is cursed with the gift of a “winship.” The market reversed and I followed it higher, like a dog humping a fire hydrant.

So, this leads to my next challenge: keeping my creative side busy with something of interest, a challenge of sorts. If you recall, last year, I played Frank Sinatra music vids until the Dow broke down to 7,500. And, before that, I stopped cursing, until the Dow broke below some important level. Well, I am doing it again.

Hear this, losers of the internet aka “readers”:

“The Fly” will NOT use foul language, on this blog or in real life(there is no way for you to quantify the latter), until the Dow hits 10,500.

Its been said; so it shall come treu [sic]. There.

Good Day to you.

With titles like that, who needs newzpapers?

Earnings season is about to get real thick. So, get ready to ride the wave of optimism, as firms get ready to blow the barnyard doors off estimates, starting with Intel Corporation [[INTC]] .

My guess, the Dow touches down on 10,000, yet again, by the end of this week.

Top picks: Flotek Industries, Inc. [[FTK]] , General Cable Corporation [[BGC]] , POSCO (ADR) [[PKX]] , Guess?, Inc. [[GES]] , Aracruz Celulose SA (ADR) [[ARA]] , Sociedad Quimica y Minera (ADR) [[SQM]]

Ignore the tape. Columbus Day was invented to torture people in the money management business. Everyone is off, relaxing near a flaming barrel of garbage, but idiots in the “investment community.” As a rule of thumb, I ignore thin trading days, like today, like the fat chick at the end of the bar. Should the market reverse lower today, taking your intraday gains with it, don’t get all worked up about it. For the most part, if you are a meaningful person, in any way, you are not working today.

Going into earnings season, my expectations are very high. I believe there will be many, many earnings beats, especially from semi’s and commodities. I do not think we are at a point where inventories need to come down, following the recent ramp. As you know by now, the consumer is buying LCD teevees as if they were bags of rice. And, with oil, natty, copper and gold exploding to the upside, it will be extraordinarily hard for commodity related companies to miss expectations.

If anything, as input prices rise, pressure may reappear on the balance sheets of consumer goods/service companies. Keep an eye out for that sort of bullshit. Because, without a doubt, “The Attack of the $100 Tomato” will snuff out this recovery—faster than The NY Mets waste payroll.

Bottom line: go eat a sandwich.

I rarely drink heavily on work nights. I will have you know, it’s always a bad idea to get drunk, when you have work the next day. However, I don’t really “work,” now do I? I just sort of lounge around, barking orders at people, while blogging here on the internets. Others in my profession claim “mental anguish.” Well, I will have you know again, they’re just pussies. My point: I should not have had that 20th beer, for I believe it is responsible for making my head spin.

Back to the market:

Since I am impaired today, I will pass on trading and doing things that make me think. Therefore, I will talk to you, the zombified internet trader. We can discuss all sorts of fun shit, stemming from charts to the Nobel Prize and why they don’t really matter.

The market is green and I am making money again—fucking shocker. Some of my outperformers include: [[CBD]] , General Cable Corporation [[BGC]] , Guess?, Inc. [[GES]] , Aracruz Celulose SA (ADR) [[ARA]] , Homex Development Corp. (ADR) [[HXM]] and McMoRan Exploration Co. [[MMR]] . As sure as I am sitting here, that bastard of a stock, Flotek Industries, Inc. [[FTK]] , will touch $3—one day. By then, I might be 100 years old, walking around in adult diapers; but I will get my $3!!!

Courtesy of The PPT, here are some potential short squeezes:

Synaptics, Incorporated [[SYNA]] , Alliance Data Systems Corporation [[ADS]] , Fuqi International, Inc. [[FUQI]] , Novatel Wireless, Inc. [[NVTL]] , The Cheesecake Factory Incorporated [[CAKE]] , Tesoro Corporation [[TSO]] , Cypress Semiconductor Corporation [[CY]] , NCI Building Systems, Inc. [[NCS]] , Amedisys, Inc. [[AMED]] , The McClatchy Company [[MNI]] and GMX Resources Inc. [[GMXR]]

Don’t fuck with Le Fly, while he is drinking his Monster Energy soda (blue can) and smacking his trader/servants— in the face— with wet towels.

I made more money today, as you wilted away, like iceburg lettuce in a sauna.

Into the bell, I dipped my beak in more Flotek Industries, Inc. [[FTK]] , not really giving a fuck about what any of you think. So you know, I have a spectacular weekend planned, much better (fancier) than your pumpkin picking ass.

As for you other bloggers and website operators: You don’t know how to deal with mobs. Your website is full of worthless information. It’s like Monday morning garbage. If you want to learn how to blog or how to make your blog a success: watch me if you can, copy me if you dare.

Over the weekend, I will give a summary of my recent moves and future market strategy, only for the gracious people of The PPT, mainly because their IQ’s tend to be much higher and they don’t piss me the fuck off like many of you milk carton fuckers do.

Top pick: POSCO (ADR) [[PKX]]

I bought a bunch of the above stocks, mainly because I can.

In other news, I sold out of my bullshit UTStarcom, Inc. [[UTSI]] position.

Go fuck yourselves.

Congratulations to Prezident O’Bama for receiving the Nobel Peace Prize; he certainly earned it. After all, since he was elected Prezident, there have been no wars and world wide crime is down an astonishing 99%.

In other news, I just got back from an egregious blood test, where I halfway bitched out—nearly passing out from the ordeal. I don’t know why my heart rate plummets to 40, while having my fucking blood removed. But it does and I fucking hate my heart for it. If possible, I’d rip my heart out and punch it in its face, for making me look bad, in front of Doctors, nurses and other snarky people.

Back to business:

The market will close green, only because it is the path of least resistance. I will peruse my positions later on, in order to analyze risk. Now is a good time to take a little off the table, just in case the ball jugglers sell equities next week.

Right here, right now, I like Flotek Industries, Inc. [[FTK]] , TEKELEC [[TKLC]] , ADTRAN, Inc. [[ADTN]] and Aracruz Celulose SA (ADR) [[ARA]] .

There are two things I know for sure:

1. School buses should not have that little stop sign on the side, fucking up the traffic behind it.

2. “The Fly” wins all the time, even when it appears more wins are impossible.

It’s not like I’ve been a little bit hot. Dude, I’ve been middle of a live volcano, while gasoline rain drops from above, type of hot—for years, jackoff. I am “IVAN THE INFERNO” of this stock game, while you’re just some guy.

Look here, pal, I nailed the crash of 2008, shorting everything from LEH to LM down to the ground. Fast forward a few months, into ’09, I nailed the reversal and have been minting coin since.

Do not try to duplicate what I am able to do, since I am a space alien magician, not from your world. Where I come from, people walk with their brains and shoot people in the face for Vintage, 1991, Colt 45 (Billy Dee Williams Edition) Malt Liquor aka “Earth Juice.” So don’t come here, to my site, iBankCoin, acting like you know how to play the market—none of you do. Even you hedge fund managers, mutual fund losers, you all can suck on my fumes.

No one, in all of the world, is better than Senor Tropicana. Never ever forget that.

More importantly, I am up more than 3% today, on the backs of Flotek Industries, Inc. [[FTK]] , TEKELEC [[TKLC]] , DryShips Inc. [[DRYS]] , POSCO (ADR) [[PKX]] , Yamana Gold Inc. (USA) [[AUY]] , Homex Development Corp. (ADR) [[HXM]] , Aracruz Celulose SA (ADR) [[ARA]] and Teva Pharmaceutical Industries Ltd (ADR) [[TEVA]] —just to name a few.

Into the bell, I am holding all of my longs. I do not feel like selling; therefore, I will do nothing of the sort.

I bought 5,000 Aracruz Celulose SA (ADR) [[ARA]] @ $22.95, 10,000 McMoRan Exploration Co. [[MMR]] @ $8 and 3,000 Ceragon Networks Ltd. [[CRNT]] @ $9.

Disclaimer: If you buy the above names because of this post, your face will be punched off, upon entering your favorite eatery. And, you may lose money.