The silence from the CNBC hatfuckers is deafening. No more Charlie rumors or Cramer bottom calls, just plain ol’ vanilla murder.
As you know, “The Fly” was early to short the “ag plays.” Quite frankly, I spit on “global growth” and demand from China and India. Anyway, as a result of my time machine investing style, I was up 8.1% today.
That’s right. In one day, I just murdered your entire YTD returns. With today’s gain, I’m pushing on 40%. Keep in mind, we are talking a lot of money here, not your bullshit 5 figure e-trade account.
All day, rumors were rampant, regarding [[MER]] fuckery. There is massive put buying taking place and the stock is out of control down.
With my money, I want to lean on weak banks/asset managers here. My short list includes: [[FED]], [[DSL]], [[CLMS]], [[MER]], [[WM]] and [[LEH]].
I’ll have you know, LEH trades to the 20’s, short term.
Finally, with clearing firms demanding less leverage at hedge funds, get short the ag and oil sector. All of those hedge fund idiots have been long [[POT]], [[MOS]], [[CF]], [[MON]], [[DE]], [[AG]], [[BG]], [[XOM]], [[SLB]], [[COP]], just to name a few. They have “ag plays” coming out of their ears.
The sell off in commodity related stocks has just begun. To hedge my short bets, I’m long [[DGP]].If you enjoy the content at iBankCoin, please follow us on Twitter