Forget about what you want to happen; “The Fly” will inform you of how it’s going to be.
See, ever since young, the stock Gods blessed me with large capital gains. My stock career started off with a large boom, turning 6k into 250k.
Many of you little men are unable to fathom such occurrences, since the Gods ignore you and your wretched ways. Your shirts are made from burlap, and your pants from velcro.
My gains in C are approaching reprehensible joy. However, gains in other similar items are not far behind.
See kids, that’s what “The Fly” is all about—finding shit out then banking coin off of it. While some of you keep trying to escape the limitations of your inferior DNA, I must tell you, with great disdain, “The Fly” is better than you.
He is better, not just because his wallet is fatter and his IQ is higher. No.
He is better because he doesn’t fall for infomercial gimmicks, like “The Magic Jack,” or buy stuff from Billy Mays, even his new health insurance gig.
For first time ever, The PPT (my premium analytic engine) is spitting out a buy rating for the entire market. Moreover, it’s worth noting, many names are still trading near net cash, like PCR, KBR, NTGR and even GU, just to name a few.
My guess, we trade lower on Friday, then gap higher on Monday, following less-than apocalyptic retail sales data.
Regardless of your market position, take time out to appreciate the positive aspects of our meager existence and drink it up for the Turkey Gods.
If you enjoy the content at iBankCoin, please follow us on Twitter
“take time out to appreciate the positive aspects of our meager existence and drink it up”
Salud!
Long live the Fly and the Turkey Gods he worships!!!
There it is … FXP has a 4 handle. Told you so!
Fly, I hope you have a great fun day tomorrow with your Honey and kids. Eat,drink and be merry for Friday we trade again.
20% on the day; thanks Fly.
I tear up when Fly shows a glimmer of sentimentality.
Happy Thanksgiving all.
Donny buys FXP @ 49.55!
8)
BTW, Fuck Off & have a nice Thanksgiving!
Seeing as how you turned 6K into 250K I would guess that you were trading a bunch of Pets.com and InfoSpace stock.
Fun times.
Caddy:
AMER for you old time dot commers.
C up 135% since Friday? Fly nailed that shit..Odd No?
Although he did have to work for it and even Pray…The Fly Prays, who knew.
Peace to all.
Am I an asshat for buying leveraged close-ended CA muni funds? Yields are sick. Maybe Feds bail out states, too?
What about QCOM … and Netscape (forgot the ticker already… NTSC?)… and MVIS… yes, MVIS was once a high flier.
What’s a 4 handle?
HI! BILLY MAYS HERE! Can I interest you gentlemen in a bucket of OxiClean?
I’d say Friday could go either way. Maybe it will hark back to bubble times with thin, egregious trading,.. but me thinks next week is gonna be hangover time.
C-Cube microsystems was my ticket
I picked up some FXP at 50.40. I suspect that Asia will go up today, then down tomorrow. We then open lower on Friday and stay down the entire day.
Good old AOL!
Check the skills (legging in was involved, but the blow out was 1 order):
BOUGHT xxxxxxxxxx TNA $18.80 $xxxxxxxxx 0326 MARGIN 11/21/2008 12:34:00 PM 11/26/2008
SELL xxxxxxxxxxx TNA $32.52 $xxxxxxxxxxx XOC6536 MARGIN 11/26/2008 4:08:48 PM 12/2/2008
Tried to get out at $33.24, but was queued for 10 minutes and completed after hours.
I still liked the Sock Puppet (Pets.com). How about WebVan (the home food delivery company).
I believe I called this GENERATIONAL BOTTOM a week or so ago with the market 10% lower than it is now.
But most of this BB was busy shorting. Now they are afraid to get onboard because “the market is too high too fast”. Oh well. I/m pleased with my huge gains in FCX X TIE AA and several others.
My ass is sore!
The Fly is God , for now!
Senor Tropicana,
How old were you when you started your splendorous stock career?
I must say congratulations Fly, you sir are a true sire of this stock game.
WannaBe:
The Fly is Ageless. He was here before you were born, and will be here after you are gone.
The Fly is God.
i can’t believe i still own my UYG from friday. fucking thing is up 76% since i bought it.
Rescue You – http://www.youtube.com/watch?v=A2oincWwn30
Wow!!! FXP looks so good, I had to buy it. I suspect a 10% move pre-market on Friday. Yes, the market has bottomed short and medium term, but 5 days in a row upward won’t happen without a break.
Watch China have a great night tonight, and then things will fall apart on Thursday night.
Glad to see we have some new members of The Church Of The Fly. This is wonderful.
The Fly is God.
I was out of town all day.
Just had to stop in and give Thanks to Master Fly for his guidance!
Billy Mays has got serious game, but let’s face it, I am clearly the King of All Hucksters. Let’s see Billy Fucking Mays make a living selling rags to people!
Just a heads up for Friday, Double resistance coming.
http://img515.imageshack.us/img515/5337/turkeyfirdaybg6.png
Billy Mays isn’t just offering a fucking discount card, it’s real health insurance. Get on board.
+10 for the Billy Mays link
http://blogs.telegraph.co.uk/ambrose_evans-pritchard/blog/2008/11/25/bankruptcy_update_britain_plus_california
Billy Mays is a lot like DEVILDOG – no one buys his bullshit.
mrkcbill:
C up 135% since Friday? Fly nailed that shit..
Odd?
No!
Fly, there are a million things I could say, but I will stick with just one: YOU ARE THE FUCKING MAN.
Keep up the great blog and the great picks.
ffuck
Can you make money without the blog? Can you live without the attention? Real traders that consistently make money don’t do this blog amateur shit. Learn to trade, not post.
Billy Mays is an amateur hack.
Remember.
Just set it and forget it.
PS Debbie Meyer- Take your green bags and ….
Where is the DOG that fucking shit eating COWARD
Happy Thanksgiving everyone. Don’t forget to say a prayer for the third-tier.
-DT
GU is looking nice… I’ll have to look into a long GU with FXP as a hedge.
This afternoon’s terrorism attack against “Westerners” in old Bombay, India, could clearly develop into some pretty harsh negative Friday morning futures, IMHO
I’m sure glad I hedged my longs!
This post made me cry alittle.
I’m in the Pinot Noir tonight. Fuck Off!
Tomorrow, I walk around the room, and remind all friends and family of the sheer fuckery I warned them about last Thanksgiving. I have indeed earned a healthy dose of respect, in particular from my father in-law, who now understands that my shrewd brain power is vast, and superior to his (previous) financial adviser.
Pinot Noir is the one red I just cannot tolerate. I was so grateful for that stupid movie with the son of the old baseball commissioner (Bart Giamatti’s boy), because it moved all the fucktard dilettantes over to that raisiny shit, and away from my beloved cabs and meritages.
Wine from Santa Barbera? Are you kidding me? Sounds like the beginning of a Valley Girl joke…
I am guzzling pre-turkey day Seghessio zinfandel right now like an H3 facing $1.69/gal. pump prices.
________
Boomer — NHI up almost 30% since I mentioned it to you. Still cheap here, still no debt and six bucks of cash.
Drive down the road and visit the efftards.
_________
Things happening now, that will affect the day after tomorrow:
1) Mubai (Bombay), India. This highly organized terrorist attack killing 101+ thus far, against westerners and financial centers…developing.
2) Al-Qaeda threats in New York City, and a possible holiday shutdown at Penn Station and various subway routes.
3) Rioting in multiple locations in China, as government cuts rates, revealing the latest GDP of 7.5% (the bare minimum for China to grow)
4) Thailand, rioting, and the closing of two major airports over financial collapse.
5) —Fill-in the blank— (it’s not even Thanksgiving Thursday yet)
6) Citibank’s corrupt CEO Vikram Pandit on Charlie Rose last night was enough for me to get short.(What a f-cking SCHMUCK!!)
7. Roll with the Changes, baby! (by REO Speed wagon LiveAid 1985, before The Fly was out of his diapers!)
http://www.youtube.com/watch?v=CTzA-Rydr0E&feature=related
Keep on rollin’
Jake – and CBL is still 60% down since your rec’d it too! Just kidding.
I will look into it. Thanks for the reminder. Hope your family is having fun in NYC. Be careful, the terrorists are terrorizing the terribly terrified persons in the terrific city.
I’m drinking sake, in honor of the carry trade.
Jake-
My wife introduced me to Pinot before that movie.
Also, they sell some good fucking wine in the Santa Ynez Vally … Paso Robles too. I know, I’ve been there a few times. Take your wife, browse, explore and enjoy.
Start right here on Friday Night:
http://www.sycamoresprings.com/
Donny,
No question, it’s a beautiful area. No way you are getting me into that raisiny stuff, though. I may check out that rec, tho.
Boomer — I spit on all terrorist fuckwads. I was in the city all day today, and saw nary a strap on bomb pack. Will be at the Parade tomorrow as per usual.
CBL — time to leg in turkey leg style.
(the preferreds first, if you’re more chicken than turkey.)
__________
Fly,
Hope you and the family have a great, if you’ll pardon the expression, “Turkey Day.”
Your blog, its “tabbed bloggers” and its fucktard denizens are among the things for which I’m thankful.
But I need to get out more.
Oh, and the Santa Barbara area has some great wines.
And places to drink them.
Happy Thanksgiving. I hope all of you had a chance to profit from the rally.
Good work Fly.
I fucking love c (in lower case until it reaches it’s double digits)
:
:
Ants:
Thanks for being thankful and have a good turkey day yourself.
We’re celebrating next week when some Americans friends get back down here.
:
:
Dog, I hope the crow is well “brined”. Use lots of gravy to get rid of the taste.
Seghessio zinfandel
raisiny shit
cabs and meritages
funny funny stuff. wine is wine.
enjoy, a fine t-day to all.
For anyone who bought FXP under $50 today and now have to endure another +4% night on the Hang Seng despite alleged societal breakdown, this one’s for you, via Setser:
http://blogs.cfr.org/setser/2008/11/26/if-you-only-read-one-thing-on-china
FWIW, Oregon has reinvented Pinot and it ain’t “raisiny”.
Try a Shea (their ’06 scored a 97) and head up into Powells for a day…
More China Commentary
http://mpettis.com/
From the article:
‘The government has also warned, more than once, that as a consequence of the slowdown they expect an increase in social disturbances (a euphemism for rioting). They are also trying to control the process of layoffs, with some provinces requiring companies to get approval before they fire more than a certain number of workers. This obviously can have negative impacts on the adjustment process for businesses, but I think that one of the ways that China can boost private consumption is by various forms of income redistribution, and raising minimum wages and preventing firings may have some positive impact here.’
Good one Karl marx
but I think that one of the ways that China can boost private consumption is by various forms of income redistribution, and raising minimum wages and preventing firings may have some positive impact here.
terrific idea, Karl. Raise wages when the economy is in trouble of slowing down.
Fly should put a limit on economic idiocy being plastered on his site. This is oppressive. This idiocy oppresses me.
One other things Karl
UBS economist raised his forecast for China growth from around 7% to 8% which is the first upgrade we have seen on China. This guy has been pretty good as he was one of the more bearish macro analysts on China.
J,
I only did the Setser post; I don’t agree with the other one either, but I have to say that I’m a bit nervous about an increasing number of young men roaming the Chinese countryside in search of work and women (nice going one child policy, not to mention its companion, the cultural aversion to female children…)…
Anyway, I had a longer post on this, but it was lost – one misattributed to me, and one lost, so a wasted bit of time.
But hopefully the Chicom government will do something with the unemployed that doesn’t involve a PLA uniform, an AK-47, and a map of Australia.
Late here, but best to you and BHP.
DXO – crude oil double long
an easy double from here
Bruce– what? No ERX? For Effex?
____
Breaking Thanksgiving Day Parade Report:
It turns out one CAN be literally “Rickrolled,” as that ghastly pale British Barry Manilow just skidded past me on a float covered with underaged and quite possibly endangered snow elves.
Developing…
____
I found this site through Andrew’s link and think it’s first rate. Keep up the good work.
Jeff
Wines from Oregon’s Willamette Valley may change your mind about Pinot Noir.
http://www.witnesstreevineyard.com/OurWines.html
2006 Witness Tree “Hanson” Pinot Noir $40