I had a great day, thanks in large part to the return of my “calculator brain,” and high IQ—up 1.6%. I had monster gains in [[VMI]]. [[ORCL]], [[LNN]]. [[MVIS]] and [[RIMM]]. My short positions barely moved—effectively allowing me to enjoy the long side without interruption.
By the way, I’m not impressed with today’s move in MVIS. Some friends of “The Fly” were ripping out offers today, buying more than 80,000 shares. Without “Fly & Friends,” MVIS would have been down or flat.
You MVIS holders are beholden to me. Show some fucking respect.
Today is about RIMM and who will get killed by it. My best bet: it trades higher. Anything that can hurt RIMM will most likely occur in the 2nd half of 2008, not now. I’d be shocked to see them miss here.
In closing, it looks like the Santa Claus rally is getting started. Enjoy it, for it will abruptly end sometime soon.
If you enjoy the content at iBankCoin, please follow us on Twitter
RIMM doubled up on EPS, NET, and REVS.
You get a Blackberry, and You get a Blackberry. You’re All Getting RIMMED!
Last chance to get of out of LIMM before the 2008 homo hammer of death & destruction.
I demand to see the latest test results of your so-called “high IQ”.
CELG is getting rimmed bigtime.
I have pure respect for “The Fly!”
Congrats Mdawsz.
Even hedged, I’ll have nice profits in the a.m.
today was a great day.
I for one give full credit to the Fly when I talk to any MVIS long.
Although effectively candling my ball-sac on my last five LIMM contracts, I would still like to thank LIMM for allowing me to get the heck out of the rest of my long positions tomorrow.
What would Tim Knight do?
“My short positions barely moved—effectively allowing me to enjoy the long side without interruption.”
Pure luck. There’s a hole in your portfolio if this happened and your goal is to be flat. The Gods gave you a Christmas gift. Take it and re-position.
I lost today. Down 0.80% while the Dow gained 0.29%. This always happens when the tide turns.
SKF was up. That’s why.
The BKX is still on life support.
RIMM banking some moohla fur the llongs.
Assforahat.
MU shit a brick but the good news is that it is leaving the chip business and will enter the frozen french fry business and grow its own spuds in Idaho.
Thx Shed. Good day on my end, hope you can lock in some profits tomorrow.
Absolutely. I’m off work until Jan 3rd. Should be able to get a little trading in.
Guess I was dead wrong about the baby bears getting the horn…I get the most vial comments when I tuant the cubs it is amazing.
http://www.foxnews.com/story/0,2933,317548,00.html
All their base are no longer belong to us.
Our treaties, and patents, are worthless.
Broker is right. Santa has been spotted.
By the way, thanks for my dictionary mention.
(Santa apparently feels S & P oversold and would like it balanced by year-end. He would also like Alan Greenspan to shut-the-#@%^-up.)
Let me guess, Fly, tomorrow you will proclaim the bull market is back? You switch sides as much as my girl switches cheeks while giving a blowjob. The market is going higher as a few of us told you a few days ago. You better put out a post tonight so at least you can get some credit for it tomorrow. Also, get rid of those short index funds. I wouldn’t want you to lose any of that impressive 15+% gain of yours.
NewEquity, how’s your ARAY doing, rich guy?
man, tough crowd.
i think Fly is (understandably) a little skittish right now, which is to be expected…he had a rough patch there a while back. believe me, i know the feeling.
nice call on LNN BTW, you nailed it.
hey, you see the sr. najarian talkin about the jan options, esp china? sounds crazy enough to be right.
speaking of the sr. najarian, he said COF might get it on in jan as well, which is funny cuz i was looking at that just today, god help me.
Whut a rewolting deviloopmint!
Now dey vil not even take dah greenbock in dah Home country!
Nullpointer, “skittish” is fair enough. I just don’t want to see any more of his cocky proclamations until he has a few more winning calls under his belt and is back in sync with the market. In all fairness, VMI was a good call.
Newequity, your mom is looking for you…
CashIsKing,
Where are all your winning calls? (before they move that is) What % are you up? Tell us – from now on. You missed your chance in ’07.
Fly, in contrast, posts a portion of his moves day in and day out. That’s why any cocky proclamation by him are very much deserved.
Boomer,
AAII has an annual survey for brokers used by their members. I think it comes out in Jan.
Jim Carrey – 50 second clip:
http://www.youtube.com/watch?v=zzzqY6gQxkI
Buy some PAL.
Don’t you guys think it’s the bottom? Three successive up days, and more than 10% up from the bottom.
The option expiration tomorrow is going to be fun. More than 5.3K in the money puts, and virtually none of in the money calls. That’s more than half a million shares. They got to exercise tomorrow, right? The maximum pain of option expiration could easily pulll the stock from today’s $3.77 to close Friday at $5 or higher.
Have a look:
http://finance.yahoo.com/q/op?s=PAL
highest short interest ever in the sp500. Everybody thinks the market is gonna fall?
Something like 800 billion in share buybacks this year= Lower float=more volatility(downside and upside)Carry trade is back on. Everybody says they see head and shoulder patterns in everything. So they’re all jumping the gun. ever play a failed H&s pattern? By the time this earnings season is done everyone will be like shit why was I short? Fucking earnings ain’t as bad as I thought, Falling wedges galore. Seen plenty of divergences. Mr almighty bull (the fly) turned into a nappy haired bear. My bet is on new highs this spring.
oh yea and fuck you if you don’t believe me.
My time masheen is better then the flys.
You’re fucking retarded.
Step out of your bubble.
That’s some good shit, retodd. I believe in your time masheen. Keep it coming.
“On the other hand”, my call for tomorrow…RIMM will be up.
Fly,
man you must have been really good this year. santa is bringing you gifts left and right.