Robbie Rivera – Back To Zero

[youtube:http://www.youtube.com/watch?v=zOfyBtuyi8U 616 500]

“The Fly” was busy all day, fighting off “nerdtrons,” who were speeding up and down Wall Street in their fucking FAZ-mobiles. At the first sight of weakness, especially in Goldman Sachs Group, Inc. [[GS]] , the fucktarded nerds come out of their caves, straight to the SRS-spaceshuttle for take off. When that fails, they board the FXP-unicycle, dressed in green leotards, attempting to roll over men in BIG fucking tanks, who have nuclear cannons balls ready to explode in their fucking faces.

Go ahead, fucktard, give me your best shot. My longs will turn your fucking head into magic dust.

As an aside, I enjoyed wins today in Pacific Capital Bancorp [[PCBC]] , Flotek Industries, Inc. [[FTK]] , Huntington Bancshares Incorporated [[HBAN]] , American Capital Ltd. [[ACAS]] , SandRidge Energy Inc. [[SD]] and Level 3 Communications, Inc. [[LVLT]] . All in all, I was a net seller, blowing out of SD, PCBC and a bit of HBAN. I added to ACAS and do not give a fuck what your charts say.

I bought 10,000 American Capital Ltd. [[ACAS]] @ $3.03.

Disclaimer: If you buy ACAS because of this post, you will day-trade yourself into oblivion. And, you will lose money.

Believe me, much of what I do is not appreciated. I’ve been bowling on fuckers for decades now, going back to when I was young. I remember throwing people out of trees and tossing people into the deep end of the pool, over minor quibbles. I’ve been running the “blog game” for 3 years now. Over that time, I have established a very recognizable presence, due to my “white robe” ways and diamond encrusted chalice swagger. I have defeated multiple TIM’s and made the dumbest of you, DEVILDOG, JOSH1ngU, etc, into my internet doormats.

It all started with my crazy thoughts on a blogspot site, which has evolved into a top rated financial website/powerhouse, hosting dozens of writers—and lots of crazy clowns.

I’ve been cutting carrots, while having my balls on the kitchen table, for quite a while now. I remember, back in the old days growing up in Brooklyn, playing tag in old abandoned factories—fucking with gravity. Fast forward to today, “The Fly” is unable to descend. I’m shooting so high, one might think I was retarded or some shit.

I digress.

At the end of the day, it’s my word against yours. I’ve been mastering my trade here, for hundreds of years (The Fly was a money manager in all previous lives), while you’ve been keeping busy polishing the evening silverware because your stupid wife ordered you to.

This blog is a gift. You have no idea how lucky you are, for even reading my insults catapulted into your laps, like a meatball attached to a fucking atomic bomb. I am long Pacific Capital Bancorp [[PCBC]] , Huntington Bancshares Incorporated [[HBAN]] , SandRidge Energy Inc. [[SD]] , ON Semiconductor Corp. [[ONNN]] —the list goes on and on.

To sum up this post: I am getting richer by the second, while you waste away in your bullshit pleather chair from Staples. Do not player hate. Instead, hate the game.

Top picks: Huntington Bancshares Incorporated [[HBAN]] , American Capital Ltd. [[ACAS]]

UPDATE: I sold out of [[PCBC]] @ $3.33

What’s with your obsession to be 100% right, all the time? The best investors out there get shit wrong all the time. However, it’s the level of “wrongness” that separates them from you aka internet tradebot. Case in point: into sharp rallies, most retail investors lever up and go “balls on the kitchen table–while chopping carrots” long the market. Unfortunately, often times they are helping institutions get liquid into a crescendo of selling.

I may be barking up the wrong tree with many of you, since the holding pattern of the people on this site seems to be shorter than the time it takes me to take a leak at my favorite urinal. However, God willing, there are some of you out there who still swing for the fences, hoping for the game winning Grand Slam in the bottom of the ninth (against the Mets, of course). To those people, I warn you: Senor Tropicana will miss the top, mainly because he will not attempt to catch it. In the past, I made every effort to catch big inflection points, just so that I could dance on the graves of my enemies, with a little more frequency. However, with more than half of 2009 behind us and my gains built up to obscene levels—not 300% obscene, but obscene nonetheless— I am opting to play small and bold, instead of large and scared.

Do the math yourself, you stupid bastards. If you have a 50% gain, year to date, take 1/3rd off the table and keep playing. You don’t need to go 100% cash at the sight of every fucking sell-off. People, that is rookie shit, foolishly running up transaction costs due to amateurish fear.

Man the fuck up and choose your position. If you think the market is a short, leg into short positions, NOT inverse etf’s. That’s so 2007.

If you are bullish, float in and out of your favorite stocks, if you must. But, keep the long exposure at a constant 65%+, at all times. In the event the market melts the fuck down, you will not be badly impaired holding a 35% cash position. Furthermore, you can always use 20% of your cash for hedges, going short assholes stocks, with asinine valuations. I can name more than a few right now, particularly in the coffee space.

In short, “The Fly” is having a banner year, with gains coming out of his ears and nose. Barring some sort of “40oz. cracked over your head” situation, I will be riding this fucker out (the bull), until the legs fall off.

[youtube:http://www.youtube.com/watch?v=g8N3sB_YNOM 616 500]

[youtube:http://www.youtube.com/watch?v=jzy2dgEUOhY 616 500]

It’s the sound of your money being transferred to me, Mr. Bearshitter. I don’t care if the market drops 1,000 on Monday. You, Sir, with all of your dire warnings, have failed to be a voice of reason, for the investing public. If you want to give opinions, be sure to know whatever it is that you are talking about—prior to going public. Do not make believe to be an authority, based upon wild theories or lines on charts.

Tell me where the money is going; then I will listen to you. Show me an earnings shortfall, then point to where you suggested going short ahead of the news.

Frankly, being on the inside looking out, I feel sorry for some of you clueless fuckers, unable to get even one call right.

Remember, investing is not for everyone. It has taken me 20 years of study to fuck with this market, the way I do, like a remote control car. Don’t think for a second that investing is easy, else bastards like me will fleece you of all of you coin, inside a short trading week.

Enjoy the weekend.

On my second bowl of oatmeal—horse style. I spent the entirety of my day doing meaningless/unproductive things—working smart instead of like a walking pig.

I see there is a little weakness permeating the market now. However, on a late Friday, following a week of non-stop bear fucking, we shall close at or near the highs.

Indeud.

I sold out of the rest of my Alcatel-Lucent (ADR) [[ALU]] , @ $3.36.

I sold 25% of my Huntington Bancshares Incorporated [[HBAN]] position, north of $4.80.

And, last but not least, I bought 100,000 American Capital Ltd. [[ACAS]] , between $3.00-3.02—for an egregious squeeze.