The lower the market goes, the greater the chances are for a ‘bounce back/short squeeze.’ I know things look dire at the moment. However, as sure as I’m sitting here, the market will rally again, much to Mr. Mortgage’s chagrin.
Now, I do not have a death wish to bottom fish for banks, despite my dastardly [[UYG]] position. However, I think it makes sense to put my balls on the oil guillotine, for the blade is very dull.
I am not afraid of you oil bears. You’re all weak and old. The whole lot of you.
Just know, if I hear any of you talking shit about [[RIG]], I may spend resources to track you down, then have your mustache punched off at your favorite eatery– while drinking a fine Chardonnay.
Other energy stocks worth buying are [[HP]], [[NOV]], [[ARD]] and [[OII]].
Aside from longs, sell short any bank located in California. Personally, I am short a variety of banks, yet again, including: [[HBHC]], [[CATY]], [[WABC]], [[HRB]], [[PACW]], [[HDB]], [[PCBC]], [[VLY]] and [[UMPQ]].
Thus far, PCBC and VLY are leading the way, for inclusion into the NEW “Reverse Five Horsemen” of Death and Hard Work.
NOTE: Another buck shaved off [[PZN]]. Losers. Look for [[JNS]] to follow suit.
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I’m never get tired of saying – BIG is still a short.
How about some TXCO for cane season?
Guess what starts in 40 minutes?
EARNINGS!!!
ADOLFO DOMINGUEZ SA ADZ.MC N/A Time Not Supplied Add
AMREP AXR N/A Time Not Supplied Add
EMERALD ENERGY PLC EMEYF.PK N/A Time Not Supplied Add
Equity Lifestyle Properties, Inc. ELS 0.65 After Market Close Add Listen
Flagstar Bancorp FBC -0.02 Before Market Open Add
Genentech, Inc. DNA 0.86 After Market Close Add Listen
IMMUNODIAGNOSTIC SYSTEMS HLDGS IDH.L N/A Before Market Open Add
Macatawa Bank Corporation MCBC 0.06 After Market Close Add Listen
Mechel OAO MTL 1.21 Time Not Supplied Add
Northern Financial NSFC 0.24 Time Not Supplied Add
Novellus Systems, Inc. NVLS 0.04 Time Not Supplied Add
PacWest Bancorp PACW N/A Time Not Supplied Add
Qiao Xing Universal Telephone XING N/A Time Not Supplied Add
Royal Philips Electronics PHG N/A 01:00 am ET Add Listen
Scottish Re Group Limited SKRRF.PK N/A Time Not Supplied Add
Stanley Furniture STLY 0.01 Time Not Supplied Add
Tandberg ASA TAA.OL N/A 11:00 am ET Add
Viaggi del Ventaglio S.p.A VVE.MI N/A Time Not Supplied Add
BIG definitely got ransacked today. And i only put a minor position, damn. Here im all recommending and don’t consider my own advices.
Update: Bounce in BIG is here.
Mr Fly,
You omitted OXY from your list of oil longs. No finer stock will you find. They will beat earnings when they announce this month.
Bank on it!
FLY-
From your all knowing point view what is the best inverse ETF to put NEW money in right now? FXP, REW, SRS, SKF etc
Fly you really are a genius. Thanks.
But it’s the funny way that you make such valid points that does it for me.
How do our sensors describe the action in RIG right now, Mr. Sulu?
Sulu: Tee hee! “Petering,” sir! Tee hee!
Fascinating!
_
Cardiff,
Don’t forget the secret ETF — EEV.
Guard it closely.
__
Hey! Mistah Plunge Protection Team
Pull ’em green, for me…
In the jingle jangle morning,
I hope to sell my stock, tooooo….
___
Jake,
I think you mean Bob Dylan- No
Roger McGuinn and the rest of those Byrds stole my song.
Owwwww! Mistah Plunge Protection Team
You’ve fucked it up, for me…
In the jingle jangle morning,
I’ll be bloody — fuck yooooouuu….
___
We covered Bob’s original song, to a much more melodic and record selling effect, thank you very much.
Hmmff!
_
Noone, you freakish leprechaun!
Get off the fourth tier circuit and stop embarrassing us!
(Back to our cave, now).
__
Oh, yeah, and spell your name correctly, too, you Davey Jones-porking wanna be homunculus!
___
See for yourself, KC… and please, don’t bag on us for the haircuts.
It was a different time, and chicks dug us.
_
Sorry chaps. I was busy with Mrs. Brown’s lovely daughter on this sea cruise.
I had a good day w/SKF and all, but this is still kind of scary: http://www.ocregister.com/slideshow/bank-people-time-2093028-federal-indymac?pos=3
Just the people I thought would be in line, too. Will be the same line for gov’t cheese next year.
Holy Shit, Shed, only 550 or so more points to up 500 today!
__
LMAO– We get the SKiFfles ballad and now we get 60’s music blended with stock commentary all in the same day. I have a feeling this 60’s theme has legs— can’t wait for The Turtles, Mama’s and Pappa’s and how bout some Lovin Spoonful
Anton,
Here’s another another heart warming tale from a nice Pasadena company…
_
Roger McGuinn actually lives a few miles from my house so if I see him at Taco Bell I’ll tell him you say Hi.
The Fly is taking requests:
1960s Top 100 Hits:
1 Hey Jude Beatles 68
2 Light My Fire The Doors 67
3 Love Is Blue Paul Mauriat 68
4 Satisfaction The Rolling Stones 65
5 Louie Louie The Kingsmen 64
6 Cherish The Association 66
7 I Want To Hold Your Hand Beatles 64
8 California Dreamin’ The Mamas & The Papas 65
9 You’ve Lost That Lovin’ Feeling The Righteous Bro 65
10 Come See About Me The Supremes 65
11 Theme From A Summer Place Percy Faith 60
12 96 Tears Question Mark & The Mysterians 66
13 The Letter The Box Tops 67
14 Strawberry Fields Forever Beatles 67
15 I Can’t Stop Loving You Ray Charles 62
16 Where Did Our Love Go The Supremes 64
17 It’s Now Or Never Elvis Presley 60
18 Honey Bobby Goldsboro 68
19 I Can’t Help Myself The Four Tops 65
20 This Guy’s In Love With You Herb Alpert 68
21 Dock Of The Bay Otis Redding 68
22 Windy The Association 67
23 Groovin’ The Rascals 67
24 Mrs. Robinson Simon & Garfunkel 68
25 Kind Of A Drag The Buckinghams 67
26 Back In My Arms Again The Supremes 65
27 My Girl The Temptations 65
28 Sunny Bobby Hebb 66
29 I Got You, Babe Sonny & Cher 65
30 Tossin’ & Turnin’ Bobby Lewis 61
31 She Loves You Beatles 64
32 Crimson & Clover Tommy James 69
33 Oh Pretty Woman Roy Orbison 64
34 Runaway Del Shannon 61
35 Rhythm Of The Rain The Cascades 61
36 Everyday People Sly & The Family Stone 69
37 Baby Love The Supremes 64
38 Never My Love The Association 67
39 People Got To Be Free The Rascals 68
40 Hang On Sloopy The McCoys 65
41 You Can’t Hurry Love The Supremes 66
42 Monday Mamas & Papas 66
43 The Twist Chubby Checker 62
44 Ruby Tuesday The Rolling Stones 67
45 Save The Last Dance For Me The Drifters 60
46 Last Train To Clarksville The Monkees 66
47 Moon River Henry Mancini 62
48 Downtown Petula Clark 65
49 Stuck On You Elvis Presley 60
50 Good Lovin’ The Rascals 66
51 House Of The Rising Sun The Animals 64
52 Mr. Tambourine Man The Byrds 65
53 Aquarius/Let The Sun Shine In The 5th Dimension 69
54 Wooly Bully Sam The Sham & The Pharaohs 65
55 Mashed Potato Time Dee Dee Sharp 62
56 Reach Out I’ll Be There The Four Tops 66
57 Light My Fire Jose Feliciano 68
58 San Francisco Scott McKenzie 67
59 Cathy’s Clown The Everly Brothers 60
60 Love Theme From Romeo & Juliet Henry Mancini 69
61 Only The Lonely Roy Orbison 60
62 Big Girls Don’t Cry The Four Seasons 63
63 Up Up And Away The 5th Dimension 67
64 You Were On My Mind We Five 65
65 Sugar Sugar The Archies 69
66 Laugh Laugh The Beau Brummels 65
67 Stop In The Name Of Love The Supremes 65
68 Ode To Billie Joe Bobbie Getry 67
69 A Day In The Life Beatles 69
70 Duke Of Earl Gene Chandler 62
71 Happy Together The Turtles 67
72 I’m A Believer The Monkees 67
73 Summer In The City The Lovin’ Spoonful 66
74 Good Vibrations The Beach Boys 66
75 Proud Mary Creedence Clearwater Revival 69
76 Like A Rolling Stone Bob Dylan 65
77 The Wanderer Dion 62
78 The Lion Sleeps Tonight The Tokens 62
79 A Whiter Shade Of Pale Procol Harum 67
80 Sounds Of Silence Simon & Garfunkel 65
81 I’m Sorry Brenda Lee 60
82 The Last Time The Rolling Stones 65
83 Fingertips Stevie Wonder 63
84 Return To Sender Elvis Presley 63
85 I Heard It Through The Grapevine Marvin Gaye 69
86 Hold On I’m Comin’ Sam & Dave 66
87 My Guy Mary Wells 64
88 The End Of The World Skeeter Davis 63
89 It’s Not Unusual Tom Jones 65
90 Papa’s Got A Brand New Bag James Brown 65
91 Sunshine Superman Donovan 66
92 I Say A Little Prayer Dionne Warwick 67
93 Glad All Over The Dave Clark Five 64
94 Spanish Harlem Ben E. King 61
95 The Stripper David Rose 62
96 Respect Aretha Franklin 67
97 Gentle On My Mind Glen Campbell 67
98 Will You Love Me Tomorrow The Shirelles 61
99 Apples, Peaches, Pumpkin Pie Jay & The Techn 67
100 Get Off Of My Cloud The Rolling Stones 65
I would add Herb Alpert (Taste of Honey) and Jefferson Airplane (Somebody to Love).
How about a recording of tim leary mumbling for 25 minutes on the b-side of a boston tape?
Danny – I saw poet Allen Ginsberg in the early ’70s when he came to the UF campus and that’s what he sounded like.