Do not attempt to give me advice or suggest market stratagem. “The Fly” could give two fucks and a gay giraffe about your opinions or machinations. Just know, you giving me advice is equal to the bat boy giving advice to Ty Cobb, and shit. Fuck around and I’ll drop kick you in the chest, with my spikes on.
In other news, I am all about betting against global infrastructure plays now. I don’t believe it. It’s all Hollywood.
Stocks like [[ACM]], [[JEC]], [[FWLT]], [[FLR]] and [[ABB]] are in bubble mode; and I have a pin.
Just in case you are wondering, I am not diversified. We’re in def con 5 mode. There is no need for asset diversification, when shit is moving in a convoy lower. I know that is a very unorthodoxed strategy; but I believe it is prudent.
I can’t be saddled with 100 positions while the market is coughing up blood, falling all over the place. My approach is to have no more than a dozen core or trading positions, while keeping a large cash horde available.
My positions include both long and short. In order for my hedges to be effective, they must have some sort of inverse relationship to one another. Over the past 6 months, I have been long crude/short banks. At the present, I am short infrastructure/long rig makers. However, my largest position is cash.
If done right, a hedged portfolio can have far less risk than a dumb ass diversified one. This, as you know, is a major shift in my investment philosophy. For many years I was emphatic about sector diversification, using the strictest guidelines. Nonetheless, as the market changed, so did my opinion on optimal money management methods.
With the market shooting higher here, I do not want to get in front of it short. We can easily rally 300-500 points, before the next leg down. Instead, I will bide my time, throwing water balloons at my trade/servant, while nibbling (not biting) at [[RIG]], [[PCZ]], [[FXP]], short [[JEC]], short [[MXB]] and short [[CAT]].
NOTE: I covered my [[PACW]] short.If you enjoy the content at iBankCoin, please follow us on Twitter
Ty Cobb huh. I would make your run twenty times around the diamond just for taking his name in vain. While wearing catcher’s equipment.
sell eur buy chf for a trade.
Additionally if pcbc thinks the chairraat of the fed extending credit. ie diluting our currency indefinately is good for bizniz, then I take the other side of that. ditto ub ditto cyn. I took your trade on that one.
I just saw mother market taking down her fly paper. Her last words were I hate the Fuctarded Fly. Every time I think try to catch him he is two blocks away playing games and shit.
Cal… Cobb was a bigoted dirty-playing douchebag. And I’m a Tigers fan.
NOTE: Gasperino also has a douchey air about him today.
DJIA next stop 11500 on its way to 10800. If you SMELL what the Rock is cookin’!!!
Let me finish, let me finish, LET ME FINISH!!!
http://www.physorg.com/news134646313.html Good read.
It is bothersome that my FXB is not “blowing up” today and making with the inverse phat (sic) prophits (sic).
A guy on Bloomberg last night was expounding a thesis that the ChiCom banks are actually in a position to rally here. He made a bit of sense at the time, but maybe that’s ’cause he’s a Brit.
I’m wondering if today’s dip in oil will lead to a fucktarded big bounce in the FXI tomorrow, zapping my FXB like a mighty homo hammer wielded by a hairdresser named “Thor.”
what do you think Fly? Are you still holding some shares?
it’s 2, here come killer hank and the ppt
Yes. But, I am not watching it closely.
Breaking News on CNBC … Citibank has lost 180 Billion in market cap the last 9 months. Poof!
So much for buying the dips … dipshit!
FTK’s CEO is named Dumas. Enough said.
hehehehe I always did hate Shittybank. Frickin’ gougers. 19.8% APR my ass!
i double-smite anyone who keeps making bids on XOM.
Not watching FTK? Good, I like that cause I bot more @17.60 earlier. Sort of like having the Italians opposite you in the second war. Why worry.
Off for pasta and prosecco.