Let’s not tarnish today’s trade with small talk. “The Fly” enjoyed the fruits of his labour [sic] today, while roaming around vast swaths of land, eating figs off the trees.
All of my stocks BROKE THE FUCK OUT, including FTK, RFMD, DELL, IR, GME, ERX yadda, yadda, yadaa. I was up another 9%, while dipping unleavened bread into olive oil. Go jump into oncoming traffic, if I might be so bold as to suggest doing so.
I get bored talking to most of you, since you offer nothing of real/tangible value. You are the GM of this stock game, while I am GD. My tanks blow your bullshit SUV’s out of the way, particularly when I am going for egregious coffee breaks.
The stock Gods bestow gifts of glee upon THE HOUSE OF iBANKCOIN. It is clear, and also evident, that we are to displace all of the incumbents, who readily throw their readers into large vats of aged acid.
As for me, I will enjoy the rest of my day, just sort of roaming around, taking it easy.
Godspeed.
Top pick: FTK
NOTE: The Overall Hybrid score for The PPT closed with its highest score ever: 3.25 (buy)
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Can’t Crush My Cool – http://www.youtube.com/watch?v=yKeT7AUy59w
Thank you Fly, CA and RC for your assistance in my best trading day to date. Up 7.5% in the corporate account and 10% in my personal account. Days like this make me want to quit my day job.
Doesn’t that mean (the hybrid score) that the market has hit an top again?
Only if you believe we are still in a bear market. If we are in a new bull, 3+ will represent normalcy.
Fly,
If you are up 9% today, you either have a very small folio or are and idiot for subjecting yourself to those kinds of swings
Up 7.5% in the corporate account and 10% in my personal account.
You’re daytrading a corporate account??
Is your last name Buffet, by any chance?
________
Joe
1. You are an idiot.
2. Normally I’d agree with you.
3. Consider the following:
Today was an epic day for me. My top two positions are FTK and ERX. Other names include RFMD, CUZ, TWI, iR, GLW, etc.
You do the math.
Nothing wrong with trading a corp acct.
Nice percentages, gentlemen.
Jake:
Not really, more like swing trading. My boss and I have a ongoing competion with accounts that started at $200,000. I have a profit sharing agreement with him for the account I manage. He’s a buy and hold guy, so it drives him crazy watching me trade nearly every day. His buy and hold balance: $72,000 after two years.
Henry Fool Says:
Her goes EXEL for real now that it has shaken out CNBC viewers.
MWAhaha!
May 29th, 2009 at 10:01 am Vote: 2 0
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Henry- that’s hilarious if you weren’t referring to MWA at all when you said
the comment above on Friday. Such is my trust in your picks that I thought it was
a cleverly hidden reference to MWA. So I checked out MWA on the ppt. Looked really
good –bought a bunch. It made a whole lot of money today for my family- and
it looks like it’s going to make a whole lot more.
so thanks for your MWAhaha laugh whatever it meant
p.s. hey Henry- when are you coming over to the PPT? I told the PPTers today you had
made the MWA pick!
Fly-congratulations for being up 9% today. You know that having such large investemnts in ERX and FTK is not healthy choice but I do admit, you have been right in the last months in not having given up on the bull, while I and most have. Hats off. This doesn’t mean you aren’t an idiot but it worked good for you THIS TIME. I haven’t been more than 45% invested in the entire 09 and won’t do so till I am sure the bear is over. Maybe at low 700’s later this summer I get more brave.
At the risk of jinxing this bull run, I think the market broke out today and probably see 1050 in a short order. I will start building some long (trade with stops in place) positions in indexex and will be building a 125K short position on XOM. 25K short XOM today.
“epic” day
And will you remind us where you first went long FTK?
A couple more “epic” days and your followers will almost be at breakeven.
But kudos on being long the total b.s.
fly are you not concerned that the banks rolled over late today? im wondering if theirs anythig to read into that..
Very nice day, indeed.
My account jumped up as well……. 8% on the day. The thing was, I had this egregious TWM stilling hanging onto my left leg, so my slam dunk was somewhat vertically challenged.
That’s right SirDouche, this entire website– and the PPT– have been set up as an elaborate ruse to trick crafty people such as yourself.
You’re on to us, Sir Douche.
____________
Some OEW comments:Tony and S2
“At today’s highs the SPX hit 948. This provides us with a fibonacci relationship of Major wave C (168 points) equalling Major wave A (166 points). Since we can count four waves up from the Major wave B low at SPX 780, and a fifth wave underway. We should start looking for some negative divergences to appear before this rally ends. Thus far it looks like we have a 1-2 with 3 underway from the 880 Intermediate wave 4 low. The market should pullback soon from these extreme overboughts levels. The next few days shoulds be quite interesting, and may set up those negative divergences. Next OEW pivot is at SPX 961.”
“VIX up with SPX up 1%+ has never happened in the last 510 trading days (well over 2 years). And, today, amazingly, SPX was up nearly 3% with VIX up nearly 4%, so it’s not like they became statistical oddities by a hair. Using the previous 30 samples, the next day gapped down 73% of the time and closed down 67% of the time with an average loss of 2.15% while the next day was up 33% of the time with an average gain of 0.61%.”
Add in the nice volume spike the last 15 minutes of the day.
Joe: Why the fuck are you shorting XOM?
Geez, I feel like a big time under achiever being up only 4.29% today and 36% for the year. Still feels pretty good though. 😉
Sir Douchebag, your name suites you perfectly. Fly posts every trade real time on the PPT as well as here, how can you question this guys transparency?
“And will you remind us where you first went long FTK?”
He also bought big chunks @ 1.92, 2.05, 2.10, 2.10..
You sir are a douchebag..
After such a monster week of pulling gold and silver nuggets out of the earth, it’s quite natural that The Miners Take a Rest.
________________
Chivas gave Joe the tip on shorting XOM? No? The Fly has already exceeded his 2008 percent? Buy the pullback!
Chivas is shining my shoe box.
Potato Vodka martini (at least two) and Vladimir Vysotsky. People are stupid.