Down Day

There is nothing to talk about. There is nothing to analyze. There are more sellers than buyers today, in most stocks, with exception to the psychopath shareholders bases of AMZN and OPEN. Needless to say, I am not paying much attention to today’s action. If I did, I’d drive myself fucking insane.

Dollar up, commodities down, treasuries down equals people getting nervous and shit. If you are short term oriented, prepare for a pullback and be ready for it. Today’s tepid reaction is nothing, by the way. When the market really “consolidates”, it will trade down 5-10% inside of two weeks.

Bottom line: I am not buying dips, nor am I selling.

I love preparing for the new year. As many of you know, I take this shit very seriously, unlike you liberal communist bastards. I partake in numerous rituals and make endless sacrifices to the stock Gods, in order to help bestow gifts of coins upon my own person.

Using proprietary screens inside of The PPT, I’ve been scouring the market for GARP. If you do not know what the acronym means, you are dumb and should leave this site, right now. Basically, I am interested in growth at a reasonable price. Moreover, I want to buy some dogs in 2011, stocks that grossly underperformed in 2010, but shows signs of promise going forward.

If we get a sell off, you need to stay on top of and monitor growth stocks at a discount. For example, BBY and VECO will offer optimal entry points at some point. You need to figure out when.

I haven’t lost money for weeks it seems. It’s almost unnatural to keep making money, unchecked. Believe it or not, I look forward to a little adversity and hardship, sometime soon. It’s the way I’m built, unlike you spoiled dick-suckers, who fold at the first sign of danger and/or setback.

Sharp reversal, following a nothing Fed meeting, as expected. Am I to react to every single fucking tick in this market? Fuck that, I spent my day eating some chili and chicken almond salad sandwich, sans the chips. That shit is for porkers.

The day isn’t done; but I know how this will end. Most of my stocks are getting trimmed, nothing too bad. Again, I am perfectly willing to endure a sell off. Even though I am fully invested (10% cash), the game plan is to ride in cars made from dynamite, into the Sun, into 2011. The cowardly way out is to cash up and hedge myself like a pussy. Actually, that would be okay, if it wasn’t for my proclivities to partake in dangerous activities. My style is not your style; trust me. Listen to what Chess and RC preach, for they will guide you in a conservative, yet sophisticated manner.

I have a plethora of stupid conference calls to make. I fucking hate the “office space” feel to the money management business sometimes. For the most part, brokerage houses are riddled with middle management morons, only capable of pissing in other people’s cups. Little do they know, I shit in their hot chocolate.

Into the bell, “The Fly” remains unchanged in his belligerent attitude towards others and is hellbent on winning.

Nothing new and nothing old.

Go shoot yourself in the face with a howitzer. What’s today’s daily doom? Did the fucking bond bubble burst? Oh, wait, the pending Fed announcement will be contrived, no matter what, as incredibly bearish. Let’s face facts: you’re not qualified to manage anyone’s money. Moreover, you are not capable of operating on the top shelf, especially when it comes to this business of bloggery.

I expect the market to dip on the Fed announcement. I do not care if it comes back. If we shoot straight up: great. You need to understand something about me: I speed chop carrots, while placing my balls on the counter. I am not scared of anything, sans driving on idiot roads on the side of mountains. Go ahead, keep betting against me; see where it gets you.

I told you this day would come, when “The Fly’s” winship was so supreme, it would stifle the entire fucking blog. None of you cocksuckers say a word, else I’ll melt your faces off with my internet laser beam.

Into the Fed meeting, I am long Bearded Clam, America and whatever the fuck the voices in my head tell me to buy.

I bought CX and VMC, as I swallowed whole ice cubes.

Disclaimer: If you buy the above stocks because of this post, the next time you eat steak, you will choke and die. And, you may lose money.

Here is some leaked footage of the ordeal.

Question: If we are printing money like reckless knaves, then why is the dollar up 2%, year to date? Moreover, if the Fed is buying U.S. debt, then why are yields soaring? Mind you, yields are not inching up. They are fucking soaring (see TLT).

If I was looking at this market, from a totally objective point of view, without all of the rhetoric, I’d surmise the economy was about to rip higher. Forget about all of the noise. The fact of the matter is, the Fed is aiming to buoy the economy, via POMO. What if it’s working? Is it possible that mystery money is finding its way into the economy, which will result in a sharp increase in employment?

Let’s be honest, we’ve become so jaded with regards to the economy that the very idea of it coming back is almost resentful to market pundits. We hate this economy and laud the fucking bullshit coming out of communist China. Think about it.

What we have right now is a steady dollar, rising equity markets, rising yields and soaring commodities. In my opinion, this trade will continue until commodity prices begin to impair corporate earnings via punitive input costs. Because of this thesis, I am 90% long, heavily in commodity related names, without fear of egregious bearshitter reprisals. However, I will be keeping an eye on yields and input prices, for they could easily change market sentiment on a dime, sending my holdings lower. Until then, up I go; up we go.

A lot of nervous nellies around these parts. You are haunted by previous transgressions and fear for the worst. However, your obvious lack of faith in Santa Claus is sinful and downright disgusting. There is a strong bid underneath this market. Granted, on any given day, stocks could shave 2-5% from your bullshit portfolios. But that’s part of the game. If you want to last the test of time, you will need to step your stock game up. You cannot simply rely on a few lines on paper and call yourself an investor. You are the bane of society, everything that’s wrong with America today. You want your coffee in a K-cup and you want it now, damn it.

Sometimes you need to wait and take an overhead view of things. Plot your moves with OCD like precision and accept losses as part and parcel of “the game.”

For the day, I ended up 1.4%. For the year, I am up more than 52% and I intend to break the 60% barrier by Dec. 31st. I have no problem, whatsoever, with pressing the envelope here, as my gains are all but assured. My cash position is back down to 10% and I am speeding in a car, made from dynamite, heading towards the fucking sun.

I’ve depleted much of my idle cash, in exchange for egregious equities. Moreover, I’ve taken it upon myself to book 100% returns in FTK, again and again and again. My personal (experimental) accounts are up more than 8 fold this year, all thanks and praise to The PPT. And, there is nothing you or your stupid friends can do about it.

You might placate your inner-woman by saying “he’s just saying that shit. He cannot be serious.” Quite the contrary Lady Magdalene. “The Fly” is as real as your face. He is to the financial blogosphere what TSA is to airport security. I’m molesting you fuckers with my high tech X-ray boxes and I’m the only airline in town. You can fly on one of those single engine fuckers if you like. However, you’ll eventually land into the face of a fucking mountain. You other bloggers out there are simply less than me. You can try to hit the ball far; but you only have warning track power. I suggest you subscribe to one of my services to get that mental steroid, so that you can impress your small list of clients.

As I roll into 2011, my winning streak continues to shock and awe ingrates across the globe (clients). For the most part, they do not deserve my services, as they are riddled with the same diseases that you have. Nonetheless,like a garbage man picks up shit on New Year’s day, this is my occupation and duty calls.

For the day, I am up another 2%, spearheaded by gains in BBRG, EXK (thanks Senator Gint), REXX, CCJ, AKS and LEI.

Nothing says “look at me, I’m fucking rich, ovah here, like putting a dollar sign in front of your title.”

Over the past week, I’ve been formulating my 2011 predictions. You must understand, I take this shit very seriously. Thus far, only RC and Chess have submitted their 2011 predictions to the iBC Auxiliary offices in Caracas. Failure to adhere to my edicts will lead to grave accidents upon your person. Consider this blog post fair warning to all iBC bloggers.

On that note, I am almost ready to hire another blogger. Albeit, the pay is lousy and management is very demanding. However, we have lots of room for growth here at iBankCoin. If you don’t piss me the fuck off through disloyal behavior, I might just throw you a bone or two. If you want to be noticed, post your stuff in The Peanut Gallery. I hire most of my bloggers from the PG. It’s like the minor leagues of iBC.

At the open, stocks will trade up. There are a few deals to speak of, namely DNEX and some oil and gas company from the UK. Bottom line: investment banks are foaming at the mouth to utilize corporate cash for mergers and acquisitions. Their sales pitches are very good and CEO’s understand why NOW is a perfect time to spend cash on acquiring real assets and businesses. I expect deal flow to heighten in 2011, thanks to record amounts of cash in company coffers.

With my money, I like VLNC, AKS, REXX, CCJ and EXK