Bet Against Me

See where it gets you.

The last person that bet against me is now homeless and halfway dead, living the streets of Texas, with nothing more than a box of devildogs to his name. There is no reason to short stocks. Why do you insist on inflicting damage to your portfolio? You know, I know investors. I know how the family structure works too. I am 100% certain your wife would skin you alive if she found out what you were doing to the family nest egg. You sit there, in your little swivel chair, listening to people who have never managed real money talk about the coming depression and how you should be shorting stocks. These people don’t know what it’s like to make or lose a million dollars, because they fiddle around in a bullshit 5 figure account over at E-trade.

Don’t come here, on “The Fly’s” site, talking shit about my market hand, while you are there, just gawking at the screen. I take great offense to your ungracious behavior and would prefer if you would, kindly (or not), GO FUCK YOURSELF.

I bought some more Huntington Bancshares Incorporated [[HBAN]] today, looking for a major short squeeze. I can feel it; it’s gonna happen. Additionally, everything else, at least in my portfolios, is taking a breather. There are lots of other stocks that look good, like Ciena Corporation [[CIEN]] , Alcatel-Lucent (ADR) [[ALU]] , Cypress Semiconductor Corporation [[CY]] , Regions Financial Corporation [[RF]] , Lindsay Corporation [[LNN]] , Patriot Coal Corporation [[PCX]] and UBS AG (USA) [[UBS]] ; but I do not feel like buying any. Don’t ask why.

In short, when you have the luxury of a 60% gain, there is no reason to press the envelope, on a muggy day in August.