Okay. After consulting with my personal weather man, I have decided to aggressively accumulate energy stocks, as if the last barrel of oil known to man was just filled.
Don’t worry. I have been buying shares of [[DIG]] and [[IEO]] with the utmost amount of quietness and sincerity, just in case you thought I was loud and insincere—God forbid.
In addition, I took some small/baby bets on Arena Resources, Inc. [[ARD]] , Ultra Petroleum Corp. [[UPL]] and even Global Industries, Ltd. [[GLBL]] .
Basically, “The Fly” has allied himself with Gustav and will “wishcast” that devil into the rigs, as if he had magical powers—which he does.
As an aside, I sold out of my [[REW]] position. Notice the trend of systematic reduction of short positions, going into the gayest time of year, late August.
At the present, for a trade, I like [[UYG]] , [[RKH]] , Southern Copper Corporation (USA) [[PCU]] , Lehman Brothers Holdings Inc. [[LEH]] and all of the stunt dogged energy plays that I mentioned prior.
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I’ll call, I’m all in as well.
I have a full house: HK, SLB, NOV, CHk, & NBR
shit, I got nothing.
You had to know Fay was a gay hurricane, just by its name.
At least Gustav sounds tough. Kinda like a burly pissed off German beer drinker, with mucho attitude.
Gunslingers—-the whole lot of you.
Oh wow, check JCG ah.
hahaha Mr. “Dare Me to Buy More Elan and FNM” thinks we’re gunslingers? Too funny Alpha.
Sticking with my CHK, NOV (purchased very quietly over the last several weeks) and USO calls.
Hey, that ELN hit 15 before profit taking today …. my Oct options are looking good … thanks for the push Dawg!
and Boca, didn’t I tell you JCG was the laggard in retail?
Big Baller
i don’t care what gustav does, crude will break par, and if gustav turns out to be non-event, crude will break par next week.
http://www.rallymonkey.com/video/kenindex.swf
Chivas:
That’s because you’re an alcoholic.
my b/p is 110/75. what’s your’s pussy. get the test done.
Why the love for LEH Fly?
This just in:
My insane new Doctor’s office is irate over the blood test going wrong.
My “Doctor Assistant” said: “Quest is a piece of shit! (heavy spanish accent)”
I agreed.
Developing…
E8, yes you did tell me and I sold half my JCG a while ago. Kept half “just because”.
Q 4 is back 🙂
8 – Raised my stop on ELN to 13.25. Jake sold me on the 50% Fib retracement thing, so it must print 22, mustn’t it?
boca–I have an affinity for guns, as well. I’ll let you know the next time I board the 310 to Yuma.
to quote a brazilian that was sitting next to me on a delta airplane that sat on the tarmac for 7hrs:
‘this is big suck. THIS IS BIG SUCK!’
http://www.nhc.noaa.gov/
Gustav is the real deal. With two more behind it.
chivas–
my bp is 109/72 and I get mad a lot, but I also workout regularly—five times a week.
Speaking of working out—I did the “Murph” workout today.
Slap this one on your workout agenda next time.
http://www.crossfit.com/mt-archive2/000881.html
“When you’re going through hell, don’t stop—just keep going.”
I throw 200 lb barbells at grocery store windows.
this is a bad idea. crude oil trades like shit considering the strom is coming. im cetain crude will be below 110 soon.. im shorting oih and xle etc going into the storm.. its my contra play of the year..
A 10 STAR LOCK!!!!
“I throw 200 lb barbells at grocery store windows.”
How far do you run after that?
Alpha,
after my wife past away 12 yrs ago, for a period of time i let myself go. drank to much, ate to much and stopped working out. did not care about anything except work and my kids. 14 months later, ended up in hospital and getting angioplasty done. my middle son after visiting me, said to me, pop, i lost mom and i don’t want to lose you, with tears in his eyes. from that day on, after i left hospital and was able to workout, i did so. my current routine is cardio 4 days a week, 3 miles a day. and weight lifting 4 days a week at the gym. i eat 5 to six times a day to keep the metabolism going. b/p and cholesterol low and body fat under 10%. my kids tell me now that i no life, lol, because all i do is workout and work. sorry for the rant.
” When you’re going through hell, don’t stop-just keep going” agree 1000%
Buy the banks!…. Now THAT’S the contra play of the year.
I would like to see Edward Scissorhands use his hands on the Fast Money guy with the Devil’s beard and annoying ponytail.
TC is right. He needs a new tail.
Thought his neighbor was Steve … the 401k guy, no?
Fly … what’s your reasoning on PCU? Is that a Fib 62% retracement rec from Jake or expectation of new orders from China? I like the value here but wonder how the metals will react with a strengthening dollar.
chivas–
you da man! That was inspiring. Thanks for sharing that about yourself.
Oh shit. Alpha, you know about crossfit?
Nice.
Dave must be his other neighbor. He wrote about Dave (the Jewish Black guy- like Sammy Davis Jr?) the other day at the water park.
The block parties must be plenty of fun.
Gio got: IEO, GMXR, CLR
Looking at JRCC, HK, HES, PCU for fresh money.
Way to keep strong Chivas.
BTW: I have more than one neighbor.
Amazing, isn’t it?
Cajun–
I’m a day behind on the WODs, since I was in CO this past weekend.
Yeah, I know about crossfit. My favorite is doing “Fran”.
“Cindy” gets me pumped too.
Hahaha …. yeah, the water park thing with his fancy watershoes …. almost forgot… thanks TC!
Edit: My mom made out ok in Port St Lucie but my son got 36″ up in Palm Bay … just recovering, good thing Gus is headed for the gulf.
.. but looking to short: PCX, ICO, CLF, SQM, wait, SQM don’t belong in that group.
Palm Bay and the rest of Brevard got creamed. I probably got about 16″ or so here in Seminole.
Did the guy on Fast money just say “freakin’ Fly?”
Chivas… stand up. That was inspirational. I’m getting back to the workout routine after some relationship issues. I thrive off this stuff. Got my “before pictures” shot a week ago. Working on the shoulders, lower abs, as a vengeance on life.
Fail forward.
=gio=
Trader,
Near Oviedo?
Guy Adami just killed the freakin Fly
Lake Mary area. I think Gary Kaltbaum (the radio stock guy) lives a few blocks away. I know Chris Dimarco is down the road.
Oh boy, Cramer picking a bottom in homebuilders …. there goes my spec buy down the shitter.
i seem to remember cramer calling a housing bottom several months ago in a rather bombastic fashion at the top of his show. he was like in a sandbox and he planted a flag or drew a line or something stupid and exclaimed, “housing has bottomed right here!” he just went on and on about how he has not called a bottom until now.
I’d never work out, if I lived on a beach. Surf 24/7.
Landlocked as I am, it’s the gym. Intriguing, this crossfit thing is.
I HATE being on the same side of a Cramer trade. But I think he’s right about the homebuilders but wrong about when the businesses bottom (I think next spring). As I’ve mentioned recently, I’m long CTX. If mortgage rates drop below 6% after this mess with FNM and FRE is resolved, that will be like ringing a bell for the bottom in the homebuilders.
Datapoints I’ve been gathering:
Southern California home sales jump 13.8% in July:
http://www.latimes.com/business/la-fi-homesales19-2008aug19,0,891063.story
Bay Area home sales climb above last year; median price falls hard:
http://dqnews.com/News/California/Bay-Area/RRBay080819.aspx
Hints of more activity in U.S. housing sales:
http://www.chicagotribune.com/business/chi-tue-homes-sales-aug26,0,7167777.story
C.A.R. Reports Sales Increased 43.4 Percent; Median Home Price Fell 40.3 Percent in July:
http://www.marketwatch.com/news/story/car-reports-salesincreased-434-percent/story.aspx?guid=%7B72696DE8-DF79-499D-A41A-86B3E04471B2%7D&dist=hppr
U.S. Economy: Home Resales Rose More Than Forecast:
http://www.bloomberg.com/apps/news?pid=20601068&sid=aAhl47f6kahA&refer=home
Sam Zell thinks housing will bottom early next year:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aTO85c5wGqaQ
Fly you are sooo good. All those winners today!!!! ummm how do you do it? You must be a psychic or wait…. I got it!!!!! Going back to the flush capacitor, you’re McFly!!!!! You’re the homo who sucked off Doc to get a ride to the past because you were really a fuck up in the present.
FYI — FXP’s 38% retrace is right around $83.50.
Don’t be gone long.
_
i get my cardio by shaking uncontrollably under my desk between the hours of 09:30 and 16:00 each day.
The Fly is God.
The Zombie is locked in on The Weather Channel.
Better leave the SQM off the short list …. POT and Orascom Cnst Ind of Egypt both own chunks of stock in SQM and Orascom just unloaded their cement biz to pursue investments in fertilizer, banking, etc…. just saying
DPeezy…finally saw that Sidney Lumet film you recommended a couple of months ago “Before The Devil Knows Your Dead” Good flick..very fucked up but a great flick.
Whats the brainer about fitness and health? How bout starting with 8 hours of sleep. Walk minimum of 30 minutes per day 7 days per week. Buy a Treadmill. Hire a trainer for a couple of sessions per week (cheap insurance policy). Eliminate Corn Syrup…minimize sodium and simple carbs. Moderation in everything. Welcome to the world of 1/2″ Ribeyes and Facon Lettuce and Tomato sandwiches.
************************
As we age, we tend to end up seeing more of the medical establishment. For
example, my internist referred me to a female urologist. I saw her
yesterday and she is gorgeous. She’s beautiful and unbelievably sexy.
She told me that I have to stop masturbating.
I asked her why and she said, “Because I’m trying to examine you…”
Newbie:
NOC has been a big winner for me too.
Do you like that stock?
FLY (a.k.a Michael Phelps of the market)
What do you think of that FED short now?
Thoughts
The Fly exhibiting composure & restraint over Newbie’s McFly statement …. Way ta go Marty but soon enough you’ll be kicking him down an elevator shaft while whispering fancy four-lettered words of wisdom … Ahhh, can’t wait.
@mrkcbill – glad you liked it. It definitely stayed with me for a while.
The one I’m looking forward to the most right now is Choke, the film version of the novel of the same name from the great Chuck Palahniuk.
http://www.foxsearchlight.com/choke/
(Gotta click a few times to get to the trailers, both green & red band.)
“If this movie doesn’t touch you, go ahead and touch yourself.”
DPeezy, it’s good to meet another Chuck Palahniuk fan. That man’s brain is crazy (and talented) enough to make him an honorary ibc member.
Public Service Announcement (PSA)- Beginning tomorrow cell numbers will be made public and therefore you may start to get telemarketing calls with a possible subsequent charge against your bill (either in minutes or $$$). To avoid this you should call the National Do Not Call Center from your cell. It takes about 20 seconds. The number to call is: 888-382-1222.
This has been an IBankCoin PSA (not approved by Fly or others)(not yet).
That is all.
PSA update- My son tells me this ain’t true but I called the number anyway and blocked any unsolicited calls to my cell.
Anybody know the deal?
Thanks for the reminder
You can also goto http://www.donotcall.gov and register three numbers at a time
There is no drought of confidence in the world of financials.
“Temasek Holdings Pte, Singapore’s $130 billion sovereign wealth fund, raised its stake in Merrill Lynch & Co. and said it has “great confidence” in Chief Executive Officer John Thain. ”
http://www.bloomberg.com/apps/news?pid=20601087&sid=a5GF8sp6PX3o&refer=home
TC: http://www.ftc.gov/opa/2005/04/dnc.shtm
Also check snopes.com; this rumour has been circulating for a while.
____________
boca: Palahniuk and his brand of ‘transgressional fiction’ would indeed be a good fit for this here internet ‘community’.
For those interested, check out Fight Club, Choke, Lullaby, Survivor, etc.
Fly,
I don’t really perfer that stock. I myself like GE. You are very clever. I like that… What next?
Either way, you’re a great American.