A Sublime Harmony of Mathematical Precision, Part 2

Just shut up. You are not qualified to give advice to “The Fly” or any of the other iBC veterans on this site. Throughout the years, through strict rules and guidelines, I have cultivated a small army of readers, who would skin you alive, just to make a little money in the market. For a lot of money, they’d bury you alive in an old Indian graveyard.

Once again, The PPT predicted the near term bottom. Had you followed The PPT into hell on Friday, today, you’d be a richer man. It is, in a word: harmonic.

Truth be told, over the weekend I was a little worried about the current state of events, fueled by people calling me—worried about their net worth. However, once seeing China’s PMI (better than expected) EU PMI (better than expected) and thinking over the huge productivity numbers being reported in the U.S., I knew the market would—eventually—be supported and head higher. Bear markets make for good blogging. I get to scare people and talk about death, fire and pestilence. Nevertheless, I am just going to have to deal with having a boring bull market, much to the chagrin of you graveyard circle jerkers out there.

On this lift, I like POSCO (ADR) [[PKX]] , Corning Incorporated [[GLW]] , Ciena Corporation [[CIEN]] , Equinix, Inc. [[EQIX]] and [[MWW]]

The internet is awash with people who crave for the house of cards to come crashing down, rightfully so. As reported by the good folks at The Glenn Beck Show, President O’bama sucks and the country (America) is no longer cool, partly because China has factories that produce things—all thanks and praise to non-existent labor laws.

So, instead of keeping this corrupt government intact, we MUST dismantle it and its stupid banking system, sort of like how parents give away or discard their children because they suck at sports. No worries, we can always start a new country, as could disenchanted parents produce new/better babies. Everything is going to be alright.

With regards to my investment philosophy:

I made a commitment (to be curse free until Dow 10,500) and I will not waiver from that vow. The fact of the matter is, “The Fly” does not need to curse, in order to blog on a very high level. Always remember, “The Fly” is the Blog Father—anyone who thinks otherwise is liable to have his/her mustache punched off. The Dow will hit 10,500, as sure as I am hating on you “crock-suckers” while typing this sentence.

Many of my new readers, for good reason, believe I am some sort of permabull, who roots for the bad guys and eats steaks as if they were made from paper (I do not eat paper). If you have the time or the inclination, delve into my archives and “rewitness” my Godliness, with regards to nailing the bear market of 2008. Moreover, anyone who believes that I will remain bullish, indefinitely, despite the market saying otherwise, is an imbecile and is more deserving of an electric chair (Death Rowesque), in favor of one of those low end swivel jammies from Staples.

In short, Le Fly puts his money where it makes sense. For the better part of the last 8 months, it made sense to go long. However, if that should change, believe you me, I will show you suckers how to short stocks, with great vigor, and make a large fortune doing it.

Remember, “The Fly” wins all the time, even when it appears he is losing badly.

[youtube:http://www.youtube.com/watch?v=xEIaPSojGFE 616 500]

UPDATE: [youtube:http://www.youtube.com/watch?v=OZgdwWhLdaQ 616 500]

For the record, the bears are still down 38% for the year. Nevertheless, Halloween is theirs. The often predicted, and sparsely followed, HALLOWEEN SURPRISE worked wonders for the bears today. All of yesterday’s gains: gone. All of the recent momentum: gone. People were clown raped today and it had nothing to do with Halloween, oddly enough.

My losses were exaggerated into the bell, due to rumors that the Devil himself was buying puts on the OEX.

Over the weekend, expect to hear a lot of worthless jargon, starting with the empty suits on Fast Money, save Guy “Eggplant” Adami and that skinny dude who likes foreign chicks.

Finally, the Overall Hybrid on The PPT closed in the low 2.20’s, effectively double dipping Wednesday’s lows. Taking a shot in the dark here, we trade down on Monday, then reverse based upon deeply oversold market conditions. However, it’s worth noting, the party is over.

It’s time to punch “Complacent Connie” in the face and think more defensively and/or entertain the notion that the current down leg may continue.

As previously noted, the market is “Simple Jackin'” itself into oblivion, going “full retard” ahead of Halloween. Just so you know, as this sell-off deepens, in my head, I envision zombies crawling out of their graves—with laptops—then selling short the market, while eating a side order of brains.

This is what we call “let’s go have a drink, F this market” trading, down on Wall Street. It’s one of those days that you should do something, but you don’t, then regret later. Maybe the market cracks like an egg on Monday. Or, maybe people with balls made of stone buy the dip.

All I know, from experience, you need to stick with a game plan, else get tossed around like a skinny girl in a steel caged wrestling match.

For the record, from my vantage point, most of you behave like women, completely without testosterone. However, that is a subject for another day.

With my money, I am dying, crying and most definitely not lying, when I say: TIMBERRRRRRRRR (famous words most commonly seen on the sacred yahoo message board forum).

For now, I am getting the hell out of here, in order to distract myself from the carnage. If you are a bear, enjoy today’s win. Retards without legs and arms need to win sometimes. So, get your torso dance on and enjoy the respite!!!!

Jim Cramer, Halloween disguise, 2009

The market is dislocated from reality and is trading EXCLUSIVELY on dollar volatility. Check [[UUP]] for reference.

Additionally, today is the final day of the year, tax-wise, for most mutual funds. Thus far, its been a great year and most funds are up big. Despite what Jim aka “Simple Jack” Cramer said (end of year buying spree), we are enduring a severe sell-off, which is entirely logical. After all, if you are a fund up 35% for the year, it makes no sense to bid your stocks up now. What makes sense is preservation of capital. So, God willing, on Jupiter’s Stone, the market will rebound on Monday, following today’s broken elevator action, and resume punching the dollar in its face.

Think about it. Quit having a boring dollar. Quit having a boring life.

Sell the dollar; it’s stupid and worthless. We should all become gold miners and kill each other for gold dust. Amputate your neighbor’s arms and legs, so that he will be unable to mine. I feel it in my bones: “The Fly” is destined to have that sort of life.

To hell with my aspirations of being some big shot Wall Street fat cat. I will travel west and discover gold. And, with my findings, I will “settle” somewhere south of the Black Hills and farm, until the Sun bakes my Irish face black—sort of like Guy “Eggplant” Adami.

As for the market, I am scared of it and will not look at the darned thing. Exercise some caution and don’t buy today’s dip: that would be plain ol’ vanilla stupid.

“I should have sold yesterday” are infamous words passed down through the generations. I regret not selling and now will lay in the bed that I have made. Many of you should save yourselves from the horror, known as “the other side of the mountain.” As for me, I shall stay here and endure the tidal waves to the face, while stuffing my face with chocolate bars and throwing candy corns at stock brokers.

“The market is the gay,” is another famous phrase, coined by an insane Egyptian stock broker, which none of you would know. But, those words ring true today. Believe you me, my losses are rather extraordinary. My emotional state can be categorized as “catatonic.”

As I sit here, like a mannequin, I am filled with regrets—for the battle has been lost and I am holding the stick. From POSCO (ADR) [[PKX]] down to that bastard of alphabet disgrace Flotek Industries, Inc. [[FTK]] ; I’ve been sacked. My cash position is a touch above 15%; but that does not matter. THE HALLOWEEN HORROR befell upon me. My losses can blot out the sun.

My advice to you is to run. Run for the hills with grills. Eat beans out of a can that are no frills.

The bull run is not over. However, the tone of the market is different. One day can make a huge difference. Thus far, today is one of those days.

More later.

Congress (Can anyone spot something “off” about this photo. Winner gets a set of steak knives.)

It’s classic warfare out there people, which is why the iBankCoin armies are on the offensive, sacking cities and burning citizenry to the ground. Instead of listening to obnoxious British people on CNBC, hear what I am about to tell you.

Back in the pre video game war era, strategists would trick opposing armies into making bad moves, through clever rouses. The best form of deception is to fake weakness, in an attempt to lure your over confident opponent into the proverbial “jam sandwich.” Well, that is what the market is doing to the bears. We get 3-4% dips and all of the bears come out of their filthy caves to promote negativity. Believe you me, there is no one as negative as me. I hate most things, save my family and good friends. But, I draw the line when it comes to making money. I love it.

My drive to be right and make money forces me to study harder and do more than the lazy guy in the boardroom, dialing for dollars. Many of you read iBankCoin just for the entertainment value, which is the primary reason why I blog—to entertain/have a little fun. But behind all of the whimsical commentary there is a message. Some of you get it. Some of you could care less. To be honest, it really makes no difference to me. However, if you are one of the weird people, who like to visit the Gods’ site just to heckle, understand something: “The Fly” aka Senor Tropicana aka Plutonium Petey aka HORATIO CLAWHAMMER aka Dr. Fly is watching you.

With a little help from iBC’s advanced IT department, I know who you are and can remotely activate your webcams, in order to see your stupid faces, from the luxury of my “medieval-esque” —neatly decorated— corner office. So you know, “The Fly” is watching you.

In lighter news, the market looks great. I did not buy or sell anything today, for I am intent on participating in the continuation of the current melt up.

Top picks: POSCO (ADR) [[PKX]] , Aracruz Celulose SA (ADR) [[ARA]] , Sociedad Quimica y Minera (ADR) [[SQM]] , Ciena Corporation [[CIEN]] [youtube:http://www.youtube.com/watch?v=OaII3kUn5ug 616 500]

I am making a killing in Jarden Corporation [[JAH]] today. Getting long before earnings is always a gamble; but this was one of those low risk plays. Reason being: before JAH reported, I got to see how many retailers, in the same space, were doing. Companies like Whirlpool Corporation [[WHR]] and The Black & Decker Corporation [[BDK]] did okay. Moreover, apparently, the retards at Sears Holdings Corporation [[SHLD]] are not imploding anymore. So it made sense to buy into JAH, based upon the resurrection of the dead consumer.

Yesterday’s balls on the kitchen table, while cutting carrots, expedition into a black market paid off in spades today. I must admit, it was pretty scary, buying POSCO (ADR) [[PKX]] , Aracruz Celulose SA (ADR) [[ARA]] , Equinix, Inc. [[EQIX]] , Corning Incorporated [[GLW]] and Ciena Corporation [[CIEN]] into the teeth of the decline. However, my guiding light, The PPT (aka a sublime harmony of mathematical precision) has nailed just about every short term selling climax, since I invented the damn thing.

Below is a table, displayed yesterday on The PPT blog, showing all instances of Overall Hybrid scores below 2.30.

With strong GDP numbers in the bag, look for the market to close near the highs of the day. For the record, privately, I predicated a 200 point run today and a 5 point move in Jarden Corporation [[JAH]] . In other words, feel free to get drunk and buy stocks.

Hat tip: RC