Naturally, I am joking. But, all of this fervor for fucktarded fertilizer stocks must end—badly. On the back of upward surging financials, I expect to see the “farm fuckers” to suffer a great deal, via much lower equity prices.
Ironically, SMN looks good here.
During today’s trading, we did nothing. Most investors are skeptical about taking a position, prior to Chief Rocker, Ben Bernanke.
With my money, I will continue to nibble at WB, LAZ, CTRP, HANS and UYG. However, at the same time, I still have massive positions in SRS and FXP.
Essentially, my recent flurry of long positions has made me market neutral.
With regards to MVIS:
The company is hosting a luncheon in Manhattan tomorrow. I will not be attending, due to a “busier than God” schedule. However, I will have one of my spies in attendance. I will let you know what he learns.
BWLD is breaking out, by the way.
It feels like early 2007, all over again.
I like the Chinese lottery tickets, for a trade. NOEC is my play.
And, finally, expect the market to throw out a flurry of false signals, over the next three days. In my opinion, your money will be best protected being market neutral.
Long financials/short ag sounds good to me.
NOTE: Sometime tonight, Dpeezy will release his campaign commercial. Stay tuned.
If you enjoy the content at iBankCoin, please follow us on Twitter
I spit on your shoes!
I spit on your shoes 1400!
So we’re back to the story of the Cleveland Indians and the fat fuckers in OH propping up BWLD?
I’d go for that.
Fly,
How is not cutting rates or saying they will stop cutting rates be good for financials (the main beneficiaries of the rate cut with the stepper yield)?
I would assume it would be good for the $, and possibly China, Japan with a weaker currency in their so ever dependent export companies.
LONG CHINA, NOT HANG SENG (actual stocks, not that bullshit ETF) / Short AGS.
Full disclosure: I have a small position in FXP.
FUCK VISA!!!
Please send your very best Fly Spy to the MVIS meeting. Thanks.
Time Is Running Out
Send “Chuck Bennet.”
Heh.
Why is SMN looking good ironic?
Some of us added at the low.
Chuck should reiterate the same question as last time, reminding them of the “time machine”.
THC long. Odd, no?
BWLD will get killed tomorrow after earnings.
Look for ARAY to have a good day.
Fly — not sure if you are still short DSL or not (I still am).
Bonked off it’s immediate downtrend line (@14.68) about 2:10 pm, then ambled along it for the next hour and twenty minutes, only to sell off into the close on the biggest volume of the day.
Your enthusiasm for deadbeat financials aside, I think I’m still going with your first initiative, namely:
“It’s going to zero.”
not short DSL, at the moment.
My only individual short is POT.
Any news on TSO, up nicely AH?
airborneintell, why do you think BWLD will get killed… it’s been growing yet the stock has gotten beaten down. I’m considering adding it for a long term play AFTER the resulting post earnings action.
cubs as you know i have been in TSO as well. i am very long after a massive buy at 25.70 today. The very large call buyers are front running the buyout that an old man is planning. The name is just entirely too cheap to avoid at this point. I think it was featured by the pony tail today too. He noted the options exploding.
Fly has become market neutral just in time for a retest of the April lows.
Odd, no?
Money management is about mean reversion. You can’t outplay the market when you have a fiduciary duty to your customers to keep them solvent.
Only ass-tarded, Russian roulette playing, degenerate gamblers like us can go crazy against the tide.
It’s a lonely existence.
(cue sunset, harmonica-cowboy music, fade to black)
btw, did anyone notice some select Japanese ADR’s today? On fire. I don’t know who lit the fire but they were a hoppin.
MTU
NMR
JOF
JEQ
EWJ
I just pulled up EWJ (weekly chart) — looks way overbought on very low volume.
Kinda scary, no?
LEH hit it’s 100% retracement today from the 3/12 predrop-off point.
Ever onward and upward, no?
What the fuck is a “retest of the April lows”?
Is there such a thing?
I sold covered calls on BWLD. Chart to me looks more like a “B-Wave” in the last several days before another leg down.
sure, why not retest April lows?
What I mean is, we may give up the last 2 weeks or 1/2 of the rally since BSC went for $2.
You think the market could handle $10pg gasoline?
http://www.nysun.com/news/business/gas-price-may-soon-cost-sawbuck
I was away for 10 days & I come back to my local supermarket … no rice! People are hoarding food. I guess I’ll have to start stockpiling a 6 months supply of non-perishables for the lean times to come. And they’s a comin!
I think $40 gas would be better.
Juice:
Your space ship has arrived. Back to planet Orangotang [sic].
$40 gas would not be market neutral. Neither would $10. Neither would gas &/or food rationing.
If you wanna dance with the bulls, you better find a seat when the muzak stops, because it is gonna stop.
ps .. I’m from Niburu. Get your planets straight.
That Sun article is “top o’ the market” to ya stuff.
That guy calling for $200 barrel oil sounds like the dude who wrote “Dow 100,000” or whatever the hell it was.
that very well could be (sign of top) .. lets hope so
“Jeemy” Rogers has renewed his buy China and buy commodities mantra. This puts him in direct conflict with “The Fly”? At least at the present? Watch out for a collision and fireworks.