For months I was fucking paranoid over an Irish bailout. Because of it, I got all bearish and shit, bought a tit-load of VXX and dug myself a resting place. Here we are, post Irish bailout, and the market is down a hundo. Are you fucking kidding me? As the FAZmobile crowd enjoys their nine cents of fame, I will plot my next purchase. CDS spreads are blowing out for Portugal, Spain and Italy today, but so the fuck what. The market doesn’t give a shit, why should I?
Instead, I will focus on the positives, like WRES, LIZ, PSUN, CCJ, CIEN and FORM. Those are some of my positions and they are not down today.
See folks, Santa Claus is coming to town and he has lots of POMO in his bag. You can bitch and moan all you want, exactly in that order; but it will not change the dynamics of this market. The dollar leads us up and down, very simple. As of now, the dollar is ripping tits to the upside. However, once this euro-bailout drama passes, so will the dollar—right down a fucking toilet. Have faith and confidence in the fact that our dollar will one day be worthless.
As I write this, I am up 0.03%. In other words, NOTHING has changed.
If you enjoy the content at iBankCoin, please follow us on Twitter
FIG
Up 0.03%? Did you sell the FTK last week?
I sold 1.75 mill shares last week.
Fuck yeah!
Notice that since the Fed has been doing POMO EVERY single day, it has been loosing its punch that it normally use to have. All of this is still a China Story, and China PMI’s will be coming out this week. Europe is just China’s Bitch now…notice how shanghai has been pulling back….
We close green of course!
I concur… Santa trumps Euro problems.
All theories and pundit scenarios aside, you are going with what works right now. This is why, you sir, are “The Fly”.
…happily in PSUN, LIZ, CRM, CTCT, SAAS, and NFLX.
We don’t need no stinkin’ Europe.
With respect Mr. Le Fly I’m taking a bearish view. I’ve started a small TZA today. I hope I don’t get my head handed to me over the next week or so.
Be careful when you bet against the Fly.
I know firsthand the carnage that can happen.
Yo, be careful when you bet WITH the Fly. I shared his “world is fucking falling motherfuckers”, “LONG VXX” sentiment this summer and bought a shitload (well shitload for me) of VXX. We know how that turned out. And remember not everyone has enough coin to chuck the loss and earn their way out.
Weak Europe = Strong USA – watch the Eurotrash money come in to the states…
If any of you have just a couple minutes to spare away from your short positions, your long positions and your Wikibuddies bum positions here’s a vid to raise your spirits and feel better than just ok.
http://www.youtube.com/user/AlphabetPhotography