I ride on top of elephants, on Wall Street, sniping at many of you with poisonous arrows and makeshift harpoons. You would be shocked to know how many professional money managers are short this market. Even though it makes no sense to get in the way of a space alien magician, firing poisonous arrows from atop a fucking elephant, they still get in my way.
Basically, we’re all waiting for Alcoa Inc. [[AA]] to come in with some abhorrent earnings report, in order to justify a sell-off. Unfortunately, the game is so rigged, even Alcoa Inc. [[AA]] can blow the door handles off the door, then proceed to kick it in.
Sometime soon, you will regret the day you were born, whenever the market decides to reverse and sell-off a bit. Lucky for me, I am in possession of a mathematical market marvel (The PPT) and will be able to avoid such pitfalls. I can see it now, all of you giddy fuckers lose it all, amidst a 15% market pullback—classic “kill an e-trade investor” market. Hopefully, this time around, many of you ham and eggers will heed my dire warnings and get in the bunkers, instead of braving out nuclear warheads to the face.
If the stock Gods bless me with Flotek Industries, Inc. [[FTK]] profts (cost basis $2.30), I shall give away money, in some sort of contest. I haven’t thought about the amount or the conditions; but it will be meaningful. Let’s not put the carriage in front of the horse just yet: the stock is still as gay as a three legged statue of Michael Jackson, glove and all.
In closing, I enjoyed another up day, led by Sociedad Quimica y Minera (ADR) [[SQM]] , Cummins Inc. [[CMI]] , Flotek Industries, Inc. [[FTK]] , POSCO (ADR) [[PKX]] , CGG Veritas (ADR) [[CGV]] and Chipotle Mexican Grill, Inc. [[CMG]] , pressing my rights to bountiful stock market gains to over 13%, year to date.
[youtube:http://www.youtube.com/watch?v=wV33UrsgU5k 616 500]For the Distinguished Members of The PPT Only: Quick Update on My Positions.
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I am up 15%. Eat shit.
statistically insignificant so a wasted post.
Suggestion for the $$ Contest- Win Fly’s Money
Monseigneur Le Fly’s Foundation for the Temporally and Xenomorphically Challenged
Mr. Fly,
The first paragraph of this post is a literary marvel. Your grasp of language is rivaled by none.
AA = big fat turd in the drank.
still going higher
Not ERTS.
R.I.P.
Re: FTK
The big question is…On which “leg” is the glove?
The glove is on his hand…. pervert.
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That’s not what Macaulay said.
LOL.
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13% Year To Date. And with not much year behind you.
Ph34r d4 |=|_Y
Hi Mr Fly
I have been a avid reader of ur mighty posts…..I from a small country in asia, Singapore
Will like to ask can the ppt work on asia mkts like hong kong singapore japan?
It will be marvelous to have access for PPT here….
You may not reply this but sure wanna thank you and ibankcoin for giving amazing picks and colourful insights
Ian
Singapore
PPT can be applied to any market. However, there is little demand outside of US markets.
so meaning, if i subcribe to ppt, i can feed data into the system to make full use of the algo on ppt?
sorry on asking, i am keen to use this platform on asia markets
Ian
singapore
It’s a good point, FLy.
You should look a the idea of expanding to the pac region.
http://www.bloomberg.com/apps/news?pid=20601012&sid=a2lUuEd0ZMX8
My estimate of $115ish for FCX near term may be blown out of the water with this information. China may grow by 16% in 2010? What? My estimate of 3% world growth only had China growing by 9.6%. Amazing. Need to give that country a copper IV.
Ahhhhhhggh! My appertite foah coppah is in-sashe-erbar!!
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Nice picture – that is just wrong. lol
Nice. Haven’t seen Mr Limm in ages.
There’s no reason to trade outside of the US market. It’s far more liquid than anywhere else plus the commision structure for US trades are always the lowest. Plus ADRs pretty much negate any reason to go elsewhere.
I gave up trading the TSX for the most part quite a while ago.
hi TA
no doubt, US has the best liquidity and the best Com structure…….
I grew up here and i believe, the war can be fought here and be won……i new to the markets, i trying to learn from the best.
cheers
ian
If you take anything from the Fly’s blog, let it be that he is loyal to nothing but money.
Use the best tools to create most money for the lowest cost.
Everything else is meaningless.
Fly your a trip…thats a lot of Green for such a queer tape.
And thanks for blogging blogfather.
CMI and GMCR are HOF calls….
Fly,
DPZ over CMG
looks like im 100% cash again
Certainly does look like it, fuckface.
now did it have to come to this?
It certainly did. I apologize for your face.
ROFLMAOMGZZZZZzzz!!!
I kill myself.
No serious, I accept your apology.
you’ve been in the medical hootch again i assume
It is now time to get into the SRS and FAZ fellow slopers!
You were right all along, fuckface. Market is down today. You’ve been promising a downturn for 12 months.
Alcoa comes in with a 13% increase in revs over last month, but gets hit on the energy cost side of things. So, it makes me wonder about FXC and the outlook for their earnings. Approx 25% of their cost is tied to crude expenses. Since their last earnings report Crude has actually dropped 0.30% – no shit. The money maker for them is copper, gold and molybdenum. During this same period copper has seen a 14% increase, gold a 9% increase and molybdenum a 18% increase. Appears to be more than enough to prevent an Alcoa type quarter. Now, just need to keep the other expenses in line. They said on their last cc that they have no debt repayment issues until 2014, but that they will tackle that over the course of the next several years.
Gord and moreb-denim??
I mus’ be in heavern!!
________________
FTGAY…..new symbol for IBANKCOIN investors only
what’ s the overall PPT reading at?
http://www.youtube.com/watch?v=KRdaI3AXljw&feature=related
and im 100% cash
My two largest positions, KFT and FUQI, treating me well today.
What the fuck, people?
It’s fucking dead ovah heah today.
Finally a pullback….about time to load up again.
Thanks for bringing SQM to everyones attention FLY, starting a position here.
I am anxiously awaiting Le Fly’s next gem. I put my balls on the table yesterday with a short in AA. As I said, it was an easy 10-20%. Gentlemen, the downward move is not over yet. The economy isn’t nearly as healthy as the stock market indicates. I am looking for other great short setups and hold nothing long. Thanks to Flys ideas, I am way the fuck up this year. SD, MWW, and SQM combined to hand me an 18% increase in 2 weeks. Fly, you are a fucking stock trading God, and all others crumble in your midst. Please come back and provide your flock some direction in the post AA world.