Respect the Throne

When I hear people talk about how much money they are making, it makes me laugh. I know most of you fall into that income bracket. It’s baby money, really. You’re fucking around with what, 250k, 500k? You have a chick hedge fund, managing just a few mill.

Let me put it to you this way, my son’s accounts daily range fluctuates your entire NAV, and he’s only 14. Before you step to me with your stories, get your account values up.

Fuck your blog. You can’t hold a candle to me when it comes to gaming this market.

Speaking of which, I am dead serious when I say we are going to 14,000+. You can fuck around with gorilla brained trades all you want. I will stay focused on the big picture, while dumping discretionary money into diamonds and crates of wine. I’m moving soon and find no need for a fucking mortgage. I can pay for 6,000 sq ft in your favorite neighborhood, ALL CASH, if I so choose.

How’d I make my money?

Watch me daily.

Some of you misfits are getting lost in the chaos here. I am not here to help or coddle you. What you see here is pure, unfiltered, transparent, winship. Anything but stocks is a distraction. I do not care about your sensibilities or your desires. You have an incredible asset available at your disposal, by reading me on a daily basis.

Fuck, if I was able to read me when I was starting out in the business, I’d be very grateful and appreciative—because it would allow me to bank coin at a criminal rate. You need to come to grips with the fact that I am superior to you, in every possible way. Once you can accept my dominant position, with regards to stock market prowess, you can begin to learn.

Today, I allocated more dollars into the market, reducing my cash position to 15%. Your opinions are not needed or welcomed.

Looking back on my VXX beheading, you need to understand the rationale for the trade. At that time, Europe was in flux. I was predicting an Greek/Irish/Portuguese default. I figured that would dilute the euro, lending strength to the dollar, effectively raping stocks. However, a curve ball was sent my way in the form of QE2. The result was a staggering stock market return, since QE2 was announced.

Guess what?

Nothing has changed. The Fed is continuing its path of mass liquidity and will inflate the fuck out of this stock market. The European crisis is over. Deal with it. On the back burner is a municipal budget crisis, which will do what?

Answer: lead to more bailouts and more inflation.

In short, we’re going up 20% from here. Target on the Dow 14,400.

I added to BORN in the low $14’s, EXK in the low $5.90’s and OPEN at around these prices.

Disclaimer: If you buy these stocks because of this post, the Fed will end QE and jack up rates by 100bps. And, you may lose money.

Fuck yeah!!! America is back and doing shit BIG again!!!

NOTE: using more than 2 exclamation points at the end of any sentence or phrase is said to be a sign of mental instability.

Back to my nap. Here is some good old fashioned celebratory music, for you Dow 12,000 lovers.

So what MOTR is up this morning. The stock broke below a plane I had in mind. It sucks that I had to take a loss; but it could be sitting at $15 now with a different press release. In general, you asshats need to go fuck yourselves and quit being so concerned with me. You’re better off playing with some dynamite sticks, inside of a refinery, than wasting energy thinking about me.

Feel free to come to iBC and throw oatmeal and meatloaf around. Sure, everyone does it. However, do not be surprised when I track you down, like the pigs that you are, and punch your eyebrows off.

Two ipo’s coming public today, DMD and NLSN. I have zero interest in NLSN; but I do like DMD. They own that website, along with many others, ehow.com. The only publicly traded company similar to their retarded advertising business model is MCHX. I believe DMD makes more than 20% of its revenue off GOOG ads. So, it’s basically sucking off the tit of GOOG.

The market is set to open flat today. I expect very little volatility into today’s Fed announcement. With regards to the Fed decision, I am expecting no change in rates, with identical jargon as last month. The economy is improving but downside risks still exist, so they must keep rates at nothing forever, yadda, yadda, yaddda.

I never trade Fed days. And if I do, I like to trade it after 3pm. There is ALWAYS an initial head fake. As a matter of fact, I may go take a nap right now, in order to go back into my dreamworld, where I am Emperor of Mongolia, circa 1200, throwing swords at people’s faces for leisure.

Notice how the punch buggy is racing for the trembling face. Coupled with the “cock and balls” formation, the dollar is sure to slide lower. Keep in mind, the dollar was UP last year. For those of you who are basing their “dollar assumptions” simply by looking at a chart, you are doing yourself a grave disservice. The “fun” hasn’t even started yet. The move lower in precious metals is not a tell, but a symptom of asset allocation rotation.

BEHOLD:

“The Trembling Face” formation is upon us (note: this will auction at Sotheby’s next week. Starting bid: 400,000 euros)

Ahead of tomorrow’s Fed meeting, expect the market to trade flat. But as sure as I am sitting here, we will be trading up before the week is done.  There is lots of pent up demand for equities being stifled by this vague uncertainty. The bears are ball-less and without honor. It’s only a matter of time when giant anvils drop on their fucking heads from the clouds. Speaking of which, I am not a buyer of the cloud computing space, including FFIV, VMW, CRM, on this dip. I fucking hate those stocks.

However, I do like the semis, namely AMKR and CRUS, based upon the idea of trickle down economics, emanating from the Godly folks over at INTC and their aircraft carrier sized cap ex budget.

Based upon the sublime harmony of mathematical precision aka The PPT, I stepped in and bought a large amount of EXK today, near the lows. Going with that theme, I bought some AGQ too.

Some of my black stocks included TEVA, OPEN, GTE, EXK and FORM. As of 3:35 pm, I am down a little more than 0.1% for the day, putting my YTD loss at  00.00%—nothing. Over the next few weeks, I intend to out-hustle and work all of you fat fuckers. I intend to make a great deal of money and give nothing back in return.

I’m gonna throw a freebie out to you dogs out here, not so much different than rich folks handing out turkeys to the homeless on Christmas. The PPT is flagging ZSL OVERBOUGHT here and you need to pay attention. Over the past 9 times PPT has flagged it OVERBOUGHT, it traded lower 77% of the time over 1 day and 100% of the time over 10. The 10 day loss, on average, is 15%.

I am not a precious metals type of guy, as I believe they are stupid. However, at a minimum, be very careful with shorting this sector. To play a bounce, I like EXK, AGQ, EGO or TCK.

Aside from all of that shit, I am biding my time here, sort of fucking around doing nothing. My job demands that I do nothing, so from time to time I adhere to the rules.

Look for a late day rally and a surge in the shares of BORN, just because.

UPDATE: I bought 50,000 EXK

Some strange guy has decided to print money, like Mickey Bucks at Disney, in order to precipitate inflation, so that poor fuckers pay up at the grocery store and the pump. If you look very closely, this strange man has accomplished his goals of reflating, much to the detriment of the American lower echelon.  The unfortunate side effect of his policies is the complete and absolute insolvency of the Federal Reserve.

When the Fed starts selling treasuries, in order to contract money supply, they will realize idiot sized losses. This whole fiasco will end when Congress bails out the Fed. It will be the ultimate bailout. Because of these realities, it is my belief that Bernanke doesn’t have the balls to stop inflating. The higher yields go, the bigger his loss. The bigger his loss, the more he prints. The more he prints, the higher stocks go, and so on and so forth.

Do not confuse the sudden weakness in gold/silver as some sort of sign that the dollar is going to rip higher. That’s ridiculous. The tail doesn’t bite people in the face, the head does. I believe this is nothing more or less than an asset allocation adjustment by the money management community. Like I said in late 2010, people sat on massive profits and opted to realize said profits in 2011, instead of 2010, for tax reasons. Gold and silver will rebound in February.

At the present, I am about 20-25% cash, which is more than double my typical amount. Should stocks sell off, I will buy the dip. I will buy it will great energy and tenacity. I will spit on your triple inverse ETF’s and piss on your heads.

The Fed has my back, pal. Who has yours?

Correction over. Any questions?

Class dismissed.

Today’s winner: BORN