Don’t ever doubt my powers. As you know, “The Fly” is a visionary, who is able to make money in all types of weird, yet fucktarded, tapes.
While it’s true, over the last 3 months, I sort of lost my edge, with regards to making pristine market calls. However, I am back, big time, much to the chagrin of my detractors.
All day, I bulked up on my short positions, via inverse ETF’s. Currently, I have a slight bias to the downside. For the day, I ended up .2%, recovering most of my early session losses.
Within the rumor mill, I hear [[NTRI]] is regaining traction, ready to launch a new ad campaign and menu, early next week. Additionally, I understand BMY‘s dietary drug, Alli, is losing momentum, to the benefit of NTRI. Right now, I own less than 1,000 shares of NTRI, but will consider buying more.
Also, I hear [[FRX]] will clear some of the roadblocks to get FDA approval for Bystolic (beta 1 blocker). which may give a bouncy bounce to shares.
Finally, expect to see massive layoffs at the big brokerage houses. All in all, it appears 2008 is setting up to be one heck of a bowser. Once the job market softens, be sure to get the fuck out of equities and run for sweet Jesus.