Word of Wisdom

I could not have worded it better myself.

Also, check out the “Tampa agent” at 2:03. That is a man with class.

I know you are PERMABULLISH, based upon ABSOLUTELY NOTHING, other than sentiment. However, keep an open mind to the fact that you are an imbecilic idiot, preordained to live the life of a simple man.

Short sales in ACC, HME, WRI, MAC, RIG and PACW are looking mighty agreeable right now. Why don’t you lick the BBQ sauce off your southern fingers and come on over to the dark side?

Motherfuckers, there is no reason to be nice to any of you, since you question my every move. For the love of guns and drugs, you ingrates even critique my cash position with idiotic quotes of UUP, as if that means anything.

Then, in your warped minds, somehow, you believe I am here to serve you with stock picks. You further the argument by suggesting “the site will die, w/o Godly stock picks daily.” Listen up here, asshole, I could blog about evening dinner wear or the magical innovation of automobile mufflers and still get more hits than 99% of you clown fuckers.

THE FLY IS MORE THAN STOCKS. HE IS BIGGER.

With that in mind, I have no advice for you, nor would I consider giving you any. You are, without a doubt, undeserving of an afternoon cup of tea.

No point of me keeping the charade up any longer. People, I am besides myself, missing out on the God of all rallies, Sultan of all squeezes, King of all boomshackalackas. Saying “I don’t care about the market going up 5% per day, because I’m a dick and that’s life,” is a minor embellishment, if I might be so truthful as to say so.

While it’s true, I have no lost one wooden nickle, after locking in 25% (ytd) gains; it vexes me to no end to see pricks like you make coin, trading the easiest tape known to the Universe, while I sit here chomping on sandwiches.

So you know, literally, I cannot trade, since my accounts are in transit. I will leave it at that, regarding my career move.

On top of that, I am dealing with insane people, who are more apt to dealing with moonshine distillers, than men of industry, such as myself.

Anyway, despite the market spiking, Commercial Re is still weak. Had any of you listened to what I was saying, short ACC, HME and RIG, during yesterday’s fuckfest, you’d be up today. So, quit spreading urban legends that “The Fly” has been wrong.

“The Fly” is NEVER wrong, even when he is wrong, if you know what I mean. I said we’d hold this rally until May. Thus far, that looks like a promising scenario.

Also, by the way, Senor Tropicana is about to advance to the next round in iBankcoin’s Final Four contest.

Don’t fuck with me.

Let’s stop casting aspersions on one another, with regards to the gluttony of others, wanting more downside, hankering for America to be deposited into the shit bag.

While some of my contacts in Texas enjoy ripping you jerkoffs off via expensive Texas Tea, “The Fly” enjoys reciprocating by way of shorting Mr. Ten Gallon Hat’s common stock portfolio. It’s not a secret, I’ve been comically busy, in a slip on a wet banana sort of way, at work, doing what I do. For the record, I am not writing a book, nor would I have the ball-sacks to dare write one, at the tender age of 32. People who write about their lives, while living in their prime years, are fucking idiots and should be shot with high grade tranquilizer guns.

Most of the proletariat are bullish on stocks again, based upon some odd plan that has been regurgitated a half dozen times. The plan, as it stands, is nothing more or less than “cash for trash.”

So, with that in mind, does it not make sense to bet against the men, dressed in purple pinstriped suits, dancing atop of industrial sized satellite dishes? I think so.

“It’s not doom and gloom if it’s fun,” my grandfather used to say (actually, he never said that, but it’s convenient for me to lie). My gut says the market sustains higher levels until May, then quietly fritters away into microscopic dust particles, never to be seen or heard from again, as unbelievable as that may seem (in fact, that is quite unbelievable, indeed). Howsoever, my brain says to bet against the Guy Adami’s and the Pete Najarini’s (however the fuck he spells his name) of the world, via large elephant cocked sell orders. I am talking “crush your neighbors house with medieval sized trebuchets” sized sell orders, the sort that can send your stockbroker packing for India, in search of a higher being.

But, being that I have placed my balls on ice for the moment, I shall endeavor to gradually reenter the market, using small “chick-type” trades to warm up the old street cannon.

First on my list of names to bet against is PACW, then ACC, then HME, then WRI, then MAC, then the entire oil/gas sector. Not to ruin the moment or anything, but I will not be trading for a few more days.

But when I am ready, it will be splendorous. It will be regal. God damn it, it shall be stately!

A Shot out to my boys in Texas!

UPDATE: Sweet!

There is no such thing as inflation or reflation. Inflation is the favored theory of delusional traders, who dream of fire breathing dragons and suck on pink lollipops, while at work.

Last I checked, people are losing their fucking houses, IRA’s and their cars. The principal underpinning behind the inflation theory is “death of the U.S. dollar.” My friend, the dollar is not ready to die, at least not yet. The dollar will die when the charade of musical chairs and smokey mirrors ends. As of now, central banks, worldwide, are pretending as if the credit crisis never happened. They are attempting to reflate out of this mess, as if the year was 2002.

Au contraire, fuck face.

Oil will trade lower, because economic growth is non existent. The supply and demand factors of oil greatly outweigh the little bullshit games you assholes play with the dollar versus euro.

With that in mind, I like short RIG, short XOM and long ERY/DUG here. Position size should be 20% of target size and average ins should be placed on 5% dips.

If Picasso took a few weeks off from painting, you wouldn’t heckle him, on some stupid website, telling him ” you’re missing out on all the cool new painting,” would you?

Answer: of course you would. You’re an idiot. That’s what idiots do.

Instead of traveling yonder to the other tabbed bloggers on iBC, who by the way nailed this rally, many of you are obsessed with what “The Fly” is partaking in. Didn’t your Mother teach you to mind your business?

Answer: of course she didn’t. You were raised by a pack of wild wolves and possess the etiquette of a mountain lion, dressed in formal night attire, at a fancy dinner banquet.

Look, the market is not going to blast off to new highs anytime soon. Sure it sucks to miss out on “epic rallies.” However, we get a lot of that shit around here, these days. Sometime soon, I will be back trading again and you will be back to questioning my every move.

If you want my opinion (why the fuck else are you here?) sell this rally, as if your hands were about to get cut off by a lunch meat slicer. In my opinion, now is a good time to belly up and throw down some shorts in ACC and HME. And, if you have to go long, take a look at WNR or PCR, on a dip.

Seriously, dude, do you really think Obama is going to let banks set up hedge funds to buy their own assets at inflated prices, all financed by the U.S. taxpayer? You have to be smoking crack mixed with drano to think that shit will happen.

The banks are not off to the races here. Fuck that. They are the ones who will be forced to take more write offs, as the Fed and Treasury attempt to take the albatross of bad debt off their balance sheets at fire sale prices. If this government has communicated anything, it is evident they don’t give two shits and and a gay accordion player about equity holders. Their main goal here is to protect the bond guys and secure favorable trading agreements with sweat shops around the world.

What I am telling you is this: what you witnessed today, via “epic rally,” is no different than seeing a dying persons last heartbeat, before the defibrillators cease to work, sending him to dinner a la pinebox and worms.

The old model of consumption, fueled by way of slave labor abroad, built upon asinine credit policies, all propped up by a criminal government, is dead. I cannot tell you when the market will nose dive next. All I know is, before we are able to sustain higher equity valuations, the country needs to undergo a 180 degree economic face lift, as it pertains to lasting growth.

For a trade, you can venture off into a number of dead/broken sectors and make some quick coin. After all, that’s the name of the game: bank coin, no matter what. But, keep it in the back of your mind, in a very ominous way, people are hurting and the systemic damage to the system is irreversible and will lead to further job losses, which in turn will most certainly lead to a weakened stock market.

Don’t believe the hucksters on television who are calling this “the new bull market.” Tell me, what industry will lead the way: oil and copper?

Please. If the best we can do is cause hyper inflation, via Federal Reserve printing press, God help us for we are fucked on a spindle. Higher commodity prices will sink this economy for good.

Trade accordingly.

Indeud.

Indeud x 2:

From a theatrical standpoint, it’s rather uninspiring to hear me talk shit about being in cash, missing out on this GODZILLA THE RAPIST rally. I want you to understand something, listen to me very closely: I am out of the market now due to necessity— so fuck off pal.

The melt up is as impressive as all of the meltdowns we’ve endured, over the past 2 years. There is no point in giving stock picks, since everything is higher. As for short positions: stay small and average in over time. The crisis of liquidity, within commercial re, has not been remedied. But, at the same time, numerically, stocks are cheap. Now if you are gauging the markets by valuation, unequivocally, the market is expensive.

Once again, I expect the market to stay at these levels or slightly higher until May. It’s spring again. The lemonade is cold and the porch is rather inviting, if I might say so. I reckon some of you Yankee Wall Street types are somewhat happy with yourselves today, following this here Iron Lotus bear trap.

As for me, well, I am just minding my p’s and q’s, while sipping on a mint julep, feverishly eating some butter laden, deep fried Southern Chicken. To go with that, I have a side order of yams and extra large collard green biscuits. Oh, I’m also wearing a rather distinguished white suit, shoes and hat made from 100% tweed.

NOTE: Yes, this blog is rather useless, while I am out of the market.

This time the bottom is really in, for real. The King and all of his men have promised to bestow gifts of leavened bread and sea urchins on us regular folk. They give us 401k plan balance increases, by way of trying to cause inflation. If you think about it, it’s a fucking odd sort of monetary policy, one that everyone seems to be clamoring. They have programmed us into believing “inflation is good,” while “deflation will make you die.”

Who made that shit up?

Last I checked, I like when prices drop. After all, I’ve got money in the bank and spare change in my fucking pockets. The last thing I want is to see the value of my savings deteriorate via gangsterism induced inflation.

If these 4%+ up days weren’t so frequent, I’d be shooting myself in the face with cannon fodder right now. However, looking at the market rip higher today, exploding with joy if you will, it only suggests yet another selling opportunity—at least that’s how I see it.

Nonetheless, luckily for me I am 100% cash, missing out and at the same time protected from myself.

If I was trading today, I’d likely belly up to the oil bar, going long some names, due to the SU for PCZ deal. APC, CEO or OXY look decent for a trade, with a small DUG position as a pair, of course. Also, I think it’s time to short the euro again, via DRR. And, finally, ISIL looks ripe for a long side dice roll.

NOTE: If I was long into this rally, I’d sell half today and more tomorrow morning.