Eat Cake!

Instead of shorting the market, during epic melt ups, might I suggest diving head first into a human sized birthday cake?

More thorough market analysis, like this, later.

[youtube:http://www.youtube.com/watch?v=s2O1DdvzSc8 550 400]

The stock Gods favour The Chart Addict, as evidenced by Josh’s swift decapitation. I single out Josh, not because he is a douchebag doomsday circle jerker; but because iBankcoin must be held to a higher standard than other blogs.

If you choose to be a vocal commenter/blogger on iBC, you better bring your A game, else deal with the consequences. With regards to Josh, he will never be heard from again, since he is now banned from the iBC penthouse and oversized refrigerator. I am sure he will find a new home, like one of the queer TIM sites, that he can call “home.”

Quite frankly, this whole ordeal was rather embarrassing for Josh. I am sure he is pleased with his gruesome, but necessary, decapitation.

As for today’s trading:

I made buckets of coin. Shit, I am going to celebrate this weekend, via buying a new car. What are you doing?

In short, a few of my stocks enjoyed “key reversals,” including FTK, ENTR and SFE. For the day, I was up more than 4%, due to my uber bullish position, now with just 5% in cash. My gains, year to date, are north of 57% and my pimp hand is stronger than yours.

If you are interested in gaining access to all of the tools at my disposal, join The PPT; you will not be disappointed.

NOTE: iBankCoin Wealth Strategies will post another report on Sunday.

My thoughts, in video.

UPDATE: I sold out of my CROX position, at $2.88.

Yields going down + weak dollar +oil up + banks benign= Fuck You Bears, You’re Dead.

UPDATE: It’s coming down to the wire. As of now, it appears lifelong bearshitter, Josh1ngU, is about to receive a full ban of iBC, with all of its perks and amenities.

Before I begin my rant, I want to acknowledge the excellent work of Lord Gint, from the Masai tribe. He nailed the reflation trade better than anyone out there, including Senor Tropicana and his juicebox friends.

Gold stocks are breaking the fuck out. I hold small ABX and DGP positions. I regret selling NGD. Taking profits is always a bitch. Instead, I find myself saddled with some names that are not reacting to the melt up in commodities. My chief concern is FTK, of course. Don’t worry, I have the patience of an elephant.

If natty continues to go higher, ARD, SD and ROSE are three stocks worth owning.

As for me, well, I am having a mixed day, with gains in OVTI, ERX, SD, ATHR, RFMD, GLW and CROX, while picking sand out of my eyes long FTK, SIFY, SFE, IR, and ENTR.

With respect to IR: the stock is down due to the likelihood that they will be removed from the S&P 500, since they are moving to Ireland—fucking tax evaders. At any rate, IR is a fucking buy on this dip.

Finally, the market is in the process of making your money disappear, providing you are short, of course. I will look forward to banning Josh1ngU from iBC—forever— when the market closes in the green today. Oh, one last thing before I bowl, whoever picked CTIC in The PPT— killer job.

I’m thinking about taking on another blogger for iBankCoin. There is too much “cricket time” here, particularly during the day. In all fairness to my fucking ingrate partners, who opt to play the clarinet at street fairs, instead of contributing to the site, they have “real jobs” that require punching in a time card and fetching coffee and/or snacks for their female bosses.

Being in charge of the financial blogosphere, for over two years now, I can tell you it’s a tough racket. It’s not garbage man in the snow tough, but mentally taxing—to say the least. In order to dominate, in such a unanimous manner, there are two things that are required.

1. You have to be better than everyone else.

2. You need passion, else it’s time to fuck off and become a full time Twitter-er, if you know what I mean.

This financial website thing is not a game, whether it be about my picks, stories about rogue brokers, my retarded landscapers or my fucked up radios. Like in life, “The Fly” is in this game (blog game, gentlemen) to win.

If you are a competitor of mine (you know damn well who you are), quit before you embarrass yourself further. From what I can see, very few of you have the pizazz or the staying power to command a large audience. You will just sort of prod along, like a fucking paradiddle, banging out 2,000 hits per day.

I ask, what kind of life is that?

You Sir have the personality of a salty clam.

Oh, before I forget, here are some market leaders, courtesy of The PPT (graded by technicals aka “blind luck” only)

No.	Ticker	Technicals	Fundamentals	Hybrid Score	Hybrid Change – Daily	Hybrid Change – Weekly
1	NOG	4.73	1.95	3.54	6.95%	100.56%
2	OCLS	4.62	2.10	3.53	0.00%	0.00%
3	ISCO	4.57	2.30	3.59	0.00%	0.00%
4	KONG	4.57	2.55	3.70	5.41%	35.69%
5	CKEC	4.57	2.40	3.63	-0.27%	34.69%
6	VNDA	4.52	2.15	3.50	-1.69%	32.45%
7	ENOC	4.47	2.10	3.45	32.69%	47.23%
8	NOA	4.43	3.30	3.95	15.16%	62.61%
9	MWE	4.41	3.00	3.80	37.18%	63.25%
10	ENT	4.41	2.80	3.71	24.08%	4.33%
11	MIPS	4.37	2.55	3.59	44.18%	6.82%
12	WMG	4.32	1.80	3.23	19.63%	7.28%
13	TSL	4.32	4.15	4.24	-0.47%	19.72%
14	DFT	4.32	2.55	3.56	-0.28%	17.82%
15	AIXG	4.32	4.20	4.27	-2.06%	50.18%
16	XRA	4.30	2.15	3.37	19.50%	-4.24%
17	MRGE	4.27	2.00	3.29	48.20%	-9.52%
18	GRRF	4.27	3.00	3.72	-0.27%	20.23%
19	IFX	4.27	2.80	3.63	-1.09%	-1.35%
20	F	4.27	1.60	3.12	23.32%	25.50%
21	DNDN	4.27	1.70	3.16	22.96%	10.78%
22	BIDU	4.27	4.20	4.24	-0.93%	33.13%
23	TGB	4.26	3.90	4.11	1.48%	28.26%
24	SLT	4.26	3.90	4.11	0.74%	16.89%
25	NXG	4.25	4.60	4.40	13.40%	-3.70%

Don’t fucking ask me if the above names are “good buys” or not. I am merely providing you, the internet leech, with a public service.

Blue Radio Status UPDATE: For those of you are concerned about the state of my blue radio, BEHOLD: THE BLACK RADIO has seized control of my kitchen counter top.

[youtube:http://www.youtube.com/watch?v=PFVseEeuHKM&feature=channel_page 550 400]

There was clear evidence of rotation today, out of small caps into larger names. Take heed and allocate accordingly.

Personally, I did well buying dips in OVTI and ATHR. I really like today’s dip buying opportunity in GLW, based upon fervent demand for LCD’s in China. From what I can tell, the stock sold off, due to weak LCD sales at COST. Then again, WHO THE FUCK BUYS LCD’s FROM COSTCO?

Another big name worth accumulation is DELL. Should the stock sell off, following the numbers, I will be buying more—based upon a robust balance sheet and inevitable rebound in PC sales.

Your attempts to end the world, on a daily basis, remind me of the rantings and machinations of none other than Pinky and the Brain.

With my money, as always, I will continue to work against you.

I bought 10,000 ATML @ $3.87.