The markets are pushing through the moving averages, yet here I am selling shit and adding hedges. Why am I doing “suchness”, as Mrs. Fly likes to say?
Well, for one, I am up 35% for the year. Secondly, it’s not really a big deal.
The problem when comparing you to me is that you take my hedging as a sign to get short, with burlap’d vigor. Asshole, when I have just 15% of my assets short, that means I have a long bias. Having said that, I sold half of my GS position, for a decent sized loss, for a couple of reasons. The main theme behind my sale is the untenable fact that the stock has been “gay as fuck” as of late. And, secondly, it was my largest long position. I needed to reduce it, in order to limit my downside to the financials.
Once this rally flakes out, expect to hear about municipal short falls, a regular conversation piece at many asshole NYC social clubs. Get your fucking martini glasses ready.
Basically, “The Fly” is taking it easy, spending money at a rapid pace, while depriving himself of REM sleep. If life is a race, I’m a fucking laser beam.
With my money, I might add to one of my natural gas names. And, I really, really like the action in PKX.
If you enjoy the content at iBankCoin, please follow us on Twitter
almost full…
ZIM
Zombie is missing
He’s busy speed chopping carrots.
Buying Drake’s album today?
What are you doing running around at 3AM like you’re looking for John Connor?
Chasing after the dog that crapped his bed.
________
(double deleted)
________
Hey Fly, since I’m sure you are a man of high influence… could you please call Steve Jobs and let him know that Bullish needs a new iPhone 4? Let him know I have tried and tried to preorder yet his gay site won’t funtion properly.
IMO: Today is the day that determines if the next rally as legs yet. If not, we go lower for three or four more weeks, before heading up. If we are up above the averages tomorrow morning, then it’s all in on the long side for the next month or two.
Good luck, people!
Step your music game up with this here banger…
http://www.gregpidcock.com/mix/Greg_Pidcock_-_Baga_to_Bangalore_-_March_2010.mp3
Sounds like crap. I’d rather listen to pigs being slaughtered.
When will you get a short bias?
Fly posted a very good piece in PPT about market tops and the break down on his hedge…fwiw.
You’re always up 135%. My ass.
35% you illiterate jackass.
Oh, and you’re banned.
If scum bucket can’t tell the difference between 35% and 135% not only should he be banned, he should stop investing immediately and put all his money in a burlap bag under his mattress.
I could tell the difference.
She not he.
SBB has never indicated she invests. Mostly just haunts the comments.
Bitter Fly ex-GF.
_______
Interesting to see if this rally will continue in light of the BOJ / weak yen story beginning to unfold, and U.S. interest rates forecasted to stay low for at least another year.
“ATPG” sqeeze poped on the intraday, be interesting to see what happens now wih summer coming…
wondering if the The FLY still owns some?
lots
Shorts lit on fire. like Richard Pryor on crack….