Ha, Ha, Ha, Back From the Fucking Sun, Ha, Ha, Ha

You motherfuckers have zero legal recourse that would hold me to “forgoing the usage of the devil’s language.” All day long, I’ve been doing donuts on the sun in my car made from pure dynamite. Now that the VXX is off my chest, I am free to swing my dick around, smacking people in the face with purpose. I am “The Chinese Lottery Guy (TCLG)” and I wear traditional garb and I will poke your eyes out with my fucking chopsticks. Just so you know, it’s not racism when it’s true.

I’m enjoying the luxuries of QE2 and look forward to future QE’s. Tomorrow we get the October jobs numbers and I pray to the devil himself that they are bad. Actually, I wish no one worked at all, so that we could enjoy even more QE2.

Tell your wife, kids, neighbors, barber, bus driver: GET THE FUCK INTO THE MARKET NOW, for it can’t go down. The ultimate stimulus package is upon us and we’re just getting started. Go borrow money from banks, credit cards, the mafia, whoever, then margin it up and toss it all into stocks. If Bill Gross thinks the dollar has 20% downside from here, then the market has 40% upside.

Indeud, indeud, in-fucking-deud.

“The Fly”, in case you were wondering, is now speeding in a car made from pure dynamite, heading straight for the sun (do not let the inconvenient concept of gravity get in the way of a good visualization). Furthermore, he has ordered me to tell you, by executive decree, that he is “no more bound to the promise of not fucking cursing than a whore is to clean living.”

He furthers: “it’s not up to the people if my oath is kept or not, for they do not know the difference between a cock from a stock.”

Finally, he states: “you tell those cocksuckers that when I get back from the sun, I will murder them all where they sleep, if they choose to get in the way of executive decree. The Blogfather has spoken, now be gone.”

Cordially,

Messenger

“Obama open to idea of extension of Bush tax cuts for all income levels”

That is the news that would force me to cover short, or in this case sell my VXX, so I did. I locked in a 50% loss, in what can only be described as one of my worst trades ever. I’ve had plenty of bad trades, but not of this size and magnitude. Luckily, I was fortunate enough to execute this trade while up big. And, furthermore, I was able to stem the bleeding via long positions. It’s a chapter that I am glad and relieved to close.

With some of the proceeds, I played more lotto, buying 40,000 EJ.

Back to your regularly scheduled Chinese LOTTO market.

If money is free and “risk is on”, why bother buying old, boring, staid names? On this “new nirvana,” I am adding to CHINESE LOTTERY names, exclusively. I will be known as “The Chinese Lotto Guy (TCLG)” from here on forth. When people see me in the street, I will be dressed in traditional Chinese clothing (garb), hat and all. If you attempt to talk to me in a crooked way, I will karate chop your neck. If you interrupt me, while eating noodles, I will “crane kick” your face in, all the while balancing a bowl of hot noodles on top of my head.

It’s worth noting, The PPT is overheating here, registering the highest scores of the rally. However, I am smart enough to know it must be taken with a grain of salt. At the moment, it is being used exclusively for community, screens and research. Let’s call a spade a spade, no algorithm, aside from HFT, is nailing ranges now. We are in SUPER-BAD melt up mode, all thanks and praise to God himself, who adorned us with THE BEARDED CLAM.

Okay, I must leave now, for I have a meeting in China-town today, where I will take part in a high end Chinese firecracker distribution deal. As you know, I will be present with sword and multiple Chinese stars in my vest.

Top picks: FEED, CAAS, HEAT

I bought 15,000 CAAS @ $16.07 and boatload of FUQI.

Disclaimer: Lowest denominator here. Carry on.

I hope you realize how flawed you are, following last night’s “Glenn Beck” episode. You simply could not put aside your deep seeded hatred for the man, in the process, totally ignoring the message of how dangerous QE2 is to the economy. Instead, like barbarians, you threw feces at the screen and left idiotic comments. And another thing: quit making analytic assumptions regarding QE2, as if you could model it. It’s never been done before, jackass. Quit acting like this is ordinary stuff.

If the GDP is slated to grow at 3% and liquidity is abundant for corporations, why are we doing QE2? It’s not needed. Because of these unalienable facts, I believe this is blatant, unmasked currency manipulation, on behalf of the Federal government, via the Federal Reserve. Think Mexico. Think Russia, circa 1990’s. You may think QE2 is “so totally awesome”; but the consequences will be pie in the face, not the numerical version. It’s hard not to believe conspiracy theories, with respect to ushering in a new world currency, by way of destroying the currency that has reserve status. I hope you can appreciate what this means, for it is not just about us.

Don’t you understand corporations have input costs? K, MCD, PG, CLX etc. all have input costs that are spiking now. How do you think those costs will be covered?

That’s right, it will come directly from your purse, small bitch.

For now, the market loves it; but we are really going nowhere. Real value/wealth is not being created. The market will go up 1% today and the dollar will sink 1%, so what’s the net gain, bozo?

With my money, I am going lower than low, to the most highly levered plays out there: CHINESE LOTTO. All of this QE2 money, where do you think it goes? Five years yields are a touch above 1%; people want yield. So, they take their billions and invest it in REAL economies, like Hong Kong, Korea and Australia, even Canada. If you want a road map for surviving QE2, get long foreign equities, denominated in foreign currencies, if possible.

NOTE: Starting soon, the Scott Bleier morning radio show will be a premium service (let Scott explain). I believe it is scheduled to go live tomorrow, providing we can iron out the few wrinkles that exist. Today is likely the last FREE day. So enjoy.

Don’t shoot. I’m just delivering le mail. Beck dives into what we all know here on the internets. But now so does everyone else.

Part 1

Part 2

Part 3

I was going to pen a stinging hit piece on how giddy the media is over the Fed wasting $600 billion dollars to stimulate foreign economies. I was going to discuss the difference between QE1 and QE2 and how QE2 is far more sinister and lacks the innocence of Fed policy enacted during a crisis. But then I realized my own words: “whining over things beyond your control is an exercise in futility.” So instead of throwing raw meat at the mob, I’ve decided to be constructive, all part of “The New Fly’s” persona.

Forget about the economy, for it is doomed. The Fed couldn’t care less about jobs or the dollar or you. The market is rigged, from the top all the way down to the bottom. Upright walking pigs, aka mutual fund managers, are mandated to invest in equities, no matter what. They simply take your money and toss it into barrels of flaming garbage. True wealth is being created abroad. Look no further than the profits of your favorite stocks—all overseas. That’s what the market is all about, right or wrong. Sometimes it’s difficult to accept America’s second tier status, which induces investors (myself included) to act rashly when witnessing bad data, here at home. It’s not about us anymore.

This is a country full of Brett Favre’s, once great but now past its prime. Slowly but surely, people will accept this new normal and send their money abroad, right alongside the QE miracle bucks.

UPDATE: I sold out of MERU, north of $16.

Everyone shut up and have a seat. The BEARDED CLAM is making his way down to here and would like to have a word or two.

In other news, I have a few errands to run.

Developing…

I want you jerk offs to understand something: The Fly doesn’t lose, despite what some of you might think or say in the privacy of your own home. I have many agents, spread throughout the world, who report back to me. Whether you reside in Kansas or Thailand, I am watching your stupid face and monitoring your chats. I hope you understand it is my duty, all part and parcel of the duties of the BlogFather.

In other news, some of my lotto stocks are moving this morning, namely HEAT and CHNG. The CHNG trade was brought to my attention by RC inside of The PPT. Since then, after having a look at the company, I like what I see and may add to my position. There is something to be said about human intuition when it comes to buying and selling stocks. Some of us have it, others embarrass themselves.

Finally, I like FTK for a squeeze, going into earnings (mid November). If you are trading it, you probably want to sell on news, as it has a tendency to vomit on itself every once in awhile.