I do a lot of talking on this here internets. God willing, some of you can take my wisdom and translate it into cogent financial decisions. I do this, not for the love of man or to help random slobs over the internet. If you ask around, “The Fly” is all about himself and acquiring “internet billions” through sheer force (if needed), similar to Russian tanks in Gori.
Long story short, this is a very difficult market. But, it is not exclusive in its level of trickery. If the market was easy, all of you morons would be “The Fly,” throwing idle cannon balls at your neighbors barking dog.
Let’s say I tripped over 250k, in unmarked bills, ready to invest. This is how I would deploy it, right now:
Long exposure: 60%
Banks: (10% or 25k)- Wachovia Corporation [[WB]] , Assurant, Inc. [[AIZ]]
Energy: (10% or 25k)- National-Oilwell Varco, Inc. [[NOV]] , Arena Resources, Inc. [[ARD]] , Ultra Petroleum Corp. [[UPL]] , Clean Energy Fuels Corp. [[CLNE]] and VeraSun Energy Corporation [[VSE]]
Tech: (zero)- overbought
Industrials: (10% or 25k)- Lockheed Martin Corporation [[LMT]] , General Dynamics Corporation [[GD]] , AeroVironment, Inc. [[AVAV]] , American Science & Engineering, Inc. [[ASEI]] , L-3 Communications Holdings, Inc. [[LLL]] , Northrop Grumman Corporation [[NOC]] , Textron Inc. [[TXT]] , KB Home [[KBH]] , The St. Joe Company [[JOE]]
Consumer Discretionary: (5% or 12.5k)- Barnes & Noble, Inc. [[BKS]] , Starbucks Corporation [[SBUX]] , Chipotle Mexican Grill, Inc. [[CMG]] , J. Crew Group, Inc. [[JCG]] and NutriSystem Inc. [[NTRI]]
Consumer Staples: (10% or 25k)- The Clorox Company [[CLX]] and Colgate-Palmolive Company [[CL]]
Materials: (5% or 12.5k)- Freeport-McMoRan Copper & Gold Inc. [[FCX]]
Healthcare: (10% or 25k)- Gilead Sciences, Inc. [[GILD]] , Auxilium Pharmaceuticals, Inc. [[AUXL]] , Valeant Pharmaceuticals International [[VRX]] and Pfizer Inc. [[PFE]] .
Short exposure 30%
Inverse ETF’s: [[SKF]] , [[SRS]] , [[REW]] , [[DUG]] , [[FXP]]
Equity shorts: Lehman Brothers Holdings Inc. [[LEH]] , TCF Financial Corporation [[TCB]] , Cathay General Bancorp [[CATY]] , Goldman Sachs Group, Inc. [[GS]] , Morgan Stanley [[MS]] , Merrill Lynch & Co., Inc. [[MER]] ] , East West Bancorp, Inc. [[EWBC]] , First Horizon National Corporation [[FHN]] , [[FED]] , Marshall & Ilsley Corporation [[MI]] , Zions Bancorporation [[ZION]] , Pzena Investment Management, Inc. [[PZN]] , Legg Mason, Inc. [[LM]] , Capital One Financial Corp. [[COF]] and Continental Airlines, Inc. [[CAL]] If you enjoy the content at iBankCoin, please follow us on Twitter
The Fly is God
Wow, you should charge for this post.
Good stuff.
You sir, are a rich hedging fool.
Sweet post! Thanks Fly
UPDATE: Cash for short term trades=10%
After Cramer warned that the short side was now the easy money side, he now says:
“With Inflation in Check, the Bulls Can Run Free”
so, saddle up, the way down has now been cleared for takedown
How about that Soros bump for LEH, eh? Apparently, just another sell/sell short op
Soros has been senile for a decade.
Is Soros making any investment decisions or just giving money away to fight the man whom he got rich from?
Its likely his team of crack researchers coming up with gems like LEH.
COF is holding up stubbornly as most financials are giving it up. must be option exp related.
Thats way too many stocks for one person, even “The Fly”, to follow profitably.
That’s a small amount of stocks.
Your problem: not enough capital.
If so, pick from the litter.
The importance is to have some sort of diversification, in order to stabilize your account. The end result:
A lot of your gains will be had via short term trades (10%) and the maneuvering of your short portfolio.
Praise you Fly. I will use your wisdom though I spit on your yankee economy. I will invest in your defense industries, as america cannot keep it nose out of others shitpiles. Head for canada when the hard rain starts to fall.
The only time “The Fly” will head for Canada will be when he is accompanied with a tank column, ready to free Quebec from Canadian hegemony.
http://images.thestreet.com/tsc/common/images/storyimages/081508_RMGold.gif
another Gold chart with possible support/resistance lines
Fly. the quebecois will welcome you with the same spirit as the somali warlords. Your day is done, liberate yourselves from your neo-con, barbaric, and infantile rulers. Stick to business. thats your forte.
I think its time for some TWM.
Canada is an ice berg.
Nothing more.
Thanks FLY;
It will take me about two days to go through every stock etc. but this better than anything gives me insite to the FLY’s game planning. It is close to what I thought. Just showing your trades doesn’t aways show the big FLY picture.
Damn, had I only got short VMC today.
They make some tasty maple syrup cookies!
Everytime I hear Canada, I think of the hottest girl on the net: http://live.camwithher.com/exec/gallery/public/605/0
NSFW
I am LMAO at gold permabugs like Peter Spliff who are getting the asses handed to them on a “much cheaper” gold stick lately.
Ole Peter’s got a flock of black and purple swans gathering in the backyard of his “rental” swimming pool.
I hope his neighbor sneaks thru the gate and “dukes” in his pool 🙂
Gold is for jewelry stores.
Muchas G. Lord Fly!
How would you describe your overlap between this hypothetical and what you actually own?
I have positions in all of the above names.
I left out some other stocks that may not be so timely.
Can we mention VMC now that it has capitulated?
We are all hoping you had steel cajones this morning and added to your position.
COF is a smart chicken and running all over the butcher shop making the butcher look stupid. Maybe it’s a raptor chicken and will learn how to work doorhandles.
I would include some refiners to hedge the oil down spike. They have been sold all summer and it is time to buy back much cheaper.
Finally, I would like to put Charles Bobrinskoy, of Miller Tabak fame on the douchebag conviction list. I quote: we never invest in commodities because we do not consider it a viable bizniz. When demand goes up, more supply just comes online. I do not want to invest in unpredicatble bizniz.
I was paraphrasing more than quoting, but that is what he said. Perhaps the asshat award can be allocated by Monsieur Le Fly to Chuck as well.
Finally, in the end of september, buy oil. Futs, uso, whatever.. election 06 was the same trickfuck, gas dropped a buck then back and more by spring 07.
leave Quebec alone…let sleeping frogs lie….
oh hell, i guesS google is going to buy COF.
Calvino, that remark about COF made me laugh out loud.
Fly, you were stoked about RIG not long ago, but it is not included in your hypothetical allocation. Has something changed at RIG?
What is up with whiny Canuckistanians anyway? They are like uninvited house guests who presume upon your hospitality and then grouse about what kind of beer you have in the fridge.
Work on getting your plane radios up to 1990’s snuff first, Hoser, and then tell us how to run the country that allows you to share its defense umbrella … for the time being.
Oh yeah, nice medal count, too, fucker.
_
Did I see some foo’ on CNBC talkin’ bout global growth, and the myth of contraction? I was about 1/2 way through my bloody mary, distracted by hot chix, so I may have seen it wrong. Frickin’ propagandists.
This is the first time this year that the Fly has admitted he is so bullish, albeit an off-handed way of doing it with $250K somebody tripped over.
Jake,your talk of medals is like whistling in the dark. You have many, we have few. No one cares, armpit sniffer. The olympics is a sham. Like your so called financial expertise. Only the Fly gets my respect.
Canada is curling country. Eh?
How do you figure that’s a bullish allocation?
60% long, offset by 30% double inverse ETFs, is effectively neutral.
Shithead Canuckistanian,
Know this: I wipe my ass with the remnants of your truckling “respect.”
Go fuck a lumberjack, socialist jackanape.
__
Ahhh, so those dirty internet dollars aren’t so dirty after all – via electronic transfer
fundamental call
TELEVISA
This people had an awful 2007, 2008 is going to bring really good earnings, because of the olympics, in the 4th quarter you will be able to see televisa posting much higher than expected .
earnings, start buying now, and hold them until December. Forget about your stupid charts on this one, dont care about RSI2, head and shoulders, financial astrologists, or shit.target is 30% above todays price.
Mexican, fundamental analysis is proven to be false. Most fundamental analysts have 3rd grade educations from 3rd world countries. Also, don’t forget, stocks follow a random walk. So, yours is a 50/50 guess where Televisa will be 3 months from now.
Sorry if you could not understand this comment, since I used correct grammar and punctuation.
Life is a paradox. Our greatest strength is also our greatest weakness. Applies to countries as well as individuals.