UPDATED: PPT Ranges

“The Fly”, 2010, inside of The PPT

Thanks to the recent market turmoil, iBC has been blessed with a sharp spike in traffic. For you newbies here, let me explain a few things.

1. I don’t give a shit about traffic or readers. Never assume that I am here for you.

2. I do not tolerate bullshit in the comments section. I run a very, very tight ship and will ban you without thinking. To date, I am proud to say that we have banned over 250 “readers.”

3. I am only interested in making money. I don’t care about anything else. That includes everything.

4. “The Fly” is smarter than you, with a certified IQ of 155. Don’t try to outfox the fox who is hiding in the tree with a sniper rifle.

5. iBankCoin reigns supreme over all other financial websites. All other blogs, naturally, are considered “3rd tier.”

I need to get the fuck out of here. It’s a slow Friday and I have money to spend, things to do tonight. So, do me a favor and make sure this market stays within this tight range, so I can fuck with it on Monday morning.

Most of you ham and eggers panicked the fuck out of the market, aka “the kitchen”, when the heat was turned up a notch this morning. You had visions of dramatic, opera-esque, reversals, under a shit heap of sell order. Lo and behold, after “rookie time” (9:30-10) ended, we are now melting higher again.

Some are built for this shit. I acknowledge the supreme trading abilities of many in my inner circle, including the gentlemen inside of The PPT aka “my work bench.” However, most of you should play your position, which is the bench—sadly enough. Hire a financial advisor or throw some money in a hedge fund, for you are simply spinning your wheels. Life is too fucking short to waste time on stuff that you can’t do.

For example: “The Fly” doesn’t fuck with sheet rock or paint ceilings. That shit is tedious and requires some skill, if done right. I hire “illegal Mexicans” to do that shit for me.

Do yourself a favor and hire an “illegal Mexican” to trade your accounts. He can probably do a better job than your jaded ass.

Back to the markets:

The “buy the dip” mentality has permeated investor psyche again. Fuck the retail sales numbers. All I care about is price action. Do you hear me, you dumb motherfucker?

In short, until further notice, X, FLS, SHLD and MWW are going higher—and are my top picks.

A picture is worth a zillion words, AND MORE.

UPDATE: Here is a longer term view of all PPT scores, sans the recent reading.

The PPT wins again.

The Brazilian exchange is up 1,200 points today. Asia was strong, as well as Europe. In my estimation, at the risk of a self inflicted castration, there is no fucking way we reverse lower, like we did yesterday. I see GS diving lower. I know, being long 10,000 shares. I see they knocked down SHLD and are trying to knock down X. I know what’s going on.

See, the bears need today. They are trying their best to suck the life out of this rally, to make it vulnerable to a late day reversal, which would definitely destroy any semblance of moral left in this tape. Should the market reverse today, we’re going to tank in fairly short order. Because of this wild eyed theory of mine, I do not think the market will reverse, not after yesterday’s debacle.

The overall breadth of the market is still incredibly strong. I believe in this move so much, I have reduced my cash position to 10%. This is as far as I will go.

In other words: I am “all in.”

Watch FXY. It led to the “calamitous reversal” we experienced yesterday. Early on, the Yen was lower, allowing the “risk trade” to thrive. However, it appears the Yen is rallying again, which in turn is giving people a reason to sell.

I’m not saying this is a fucking rolling disaster heading straight for your home. But, with GS getting nailed too, it’s definitely worth monitoring.

Some richer than others, of course. The government hordes will not allow the markets to slip down the slippery slope of slop. Just 1 month ago, we were all in agreement that the markets were stupendously and arrogantly manipulated. Why the change of tune? You’re not gonna let a little Euro crisis, coupled with an oil apocalypse, get in the way of you making money, are you?

As a tax paying American, albeit I do enjoy a good amount of write-offs, it’s my right to make coin in the stock market. I do not profess to know how long this melt up will last. But, I do know, we’re going higher. All of my reservations about “how gay everything is” needs to be put aside, not so much different than eating that chocolate pudding, despite being a lard-ass loser.

I digress.

While you dorkizoids hem and haw with your pointless 5 figure Zeeco accounts, “The Fly” is looking at a 3%+ up day in his portfolios.

I warned you yesterday, just prior to that calamitous drop and reversal: THE STOCK MARKET RALLY HAS ONLY YET TO BEGIN.

NOTE: I know, GS is stupid.

I bought 3,000 PCP @ $106.50.

Disclaimer: Indeud.

Classic head fake was conducted yesterday, effectively sucking shorts into the vortex of tits and placed gently onto a table with a giant fucking vice on it.

Today you will not escape, for you will be squeezed of all of your coin.

A Spanish bond auction was successful, leading to a rally in euro bank shares. At this stage, our markets are 3% cheap, compared to the indices located in fag land.

In short, today is rally or die day. “The Fly” is magnanimously positioned to profit from the pending ” tits ripping rally.”

Are you?

Top picks: x, fls and shld

Year to date data on biggest percentage gain winner, minimum market cap of 500mill

No.	Ticker	Industry	Market Cap	YTD Return
1	APKT	Communication Equipment	1,532,534,057	138.27
2	NFLX	Specialty Retail, Other	5,766,050,462	109.49
3	GSAT	Wireless Communications	518,321,536	102.30
4	ZQK	Textile – Apparel Clothing	510,351,851	100.00
5	ACAS	Diversified Investments	1,473,998,106	96.05
6	CRUS	Semiconductor – Specialized	875,864,017	95.89
7	WAL	Diversified Investments	534,658,232	94.18
8	GSL	Wireless Communications	3,889,799,086	92.36
9	OSIP	Biotechnology	3,518,827,569	85.09
10	ME	Oil & Gas Drilling & Exploration	2,209,763,246	84.32
11	VCI	Marketing Services	1,686,685,382	82.75
12	CSTR	Business Equipment	1,600,126,484	81.79
13	ISLN	Data Storage Devices	812,877,641	79.88
14	LCC	Major Airlines	1,383,758,204	79.44
15	ZION	Regional – Pacific Banks	3,609,081,909	78.08
16	NGD	Gold	2,566,179,000	75.55
17	FRG	Industrial Metals & Minerals	790,393,786	73.03
18	CROX	Textile – Apparel Footwear & Accessories	817,616,849	72.74
19	DTG	Rental & Leasing Services	1,261,510,474	71.77
20	ibankCoin	First Tier blog	150,315,059,207	270.40
21	ODSY	Long-Term Care Facilities	891,779,511	70.30
22	EVVV	Medical Instruments & Supplies	2,519,413,779	69.72
23	TAL	Rental & Leasing Services	645,505,366	69.36
24	AKAM	Internet Information Providers	6,974,252,034	67.01
25	LCAPA	Entertainment – Diversified	3,462,330,503	65.66
26	UAUA	Major Airlines	3,496,749,451	65.30
27	IIJI	Internet Service Providers	538,494,624	63.50
28	LVS	Resorts & Casinos	15,821,677,491	63.19
29	BIDU	Internet Information Providers	24,519,940,156	63.08
30	CMG	Restaurants	4,468,501,700	62.62
31	NXTM	Medical Appliances & Equipment	614,042,940	60.84
32	PPO	Specialty Chemicals	841,573,987	59.24
33	VMW	Technical & System Software	7,235,054,573	58.82
34	SIRI	Broadcasting – Radio	3,807,923,736	58.67
35	THOR	Medical Instruments & Supplies	2,426,123,330	58.54
36	SJT	Diversified Investments	1,197,379,969	57.35
37	HBAN	Regional – Midwest Banks	4,098,811,185	56.89
38	VTIV	Management Services	842,190,555	53.99
39	FACT	Biotechnology	677,765,090	53.85
40	PSYS	Specialized Health Services	1,854,590,615	53.22
41	OPEN	Internet Software & Services	791,253,861	53.10
42	FNSR	Networking & Communication Devices	870,974,769	51.79
43	PWER	Diversified Electronics	583,448,639	50.80
44	PEI	REIT – Retail	552,046,675	50.73
45	BWS	Specialty Retail, Other	633,072,654	49.90
46	WBS	Regional – Northeast Banks	1,383,518,428	48.31
47	SY	Application Software	5,588,627,218	48.04
48	CKR	Restaurants	684,883,149	47.98
49	ANN	Apparel Stores	1,164,103,321	47.87
50	DPZ	Restaurants	715,472,048	47.86

UPDATE: Fellow PPT Gentleman, Po Pimp, of the most distinguished cloth, conducted a study using PPT scores and upside/downside ETF’s. The results: nothing less than staggering.