Ghostface Killah – Camay

[youtube:http://www.youtube.com/watch?v=FxDIY5sR1-E&feature=player_profilepage 616 500]

I see the bearshitters, with the very eyes I have stuck in my head. They are prancing around, clad in florescent green spandex and brown burlap hooded sweaters. In case you wondered, yes, they do wear wooden clogs.

I see them outside of my office, as you read this. They are telling very tall tales of a pending crash, led by “bad companies,” who happen to make a lot of stupid loans. “It will happen soon and often,” they say. These same people, gleefully, call for armed revolution in America, in order to replace the current crooks with brand new ones.

Ladies and Gentleman of iBankCoin and from around the globe: put your cocaine straws down for a minute and listen to me, very quietly, to what I am about to tell you. Despite what the irascible men in burlap say, we are going higher. It may not be today or tomorrow. But, I assure you, we are going higher.

We will climb so high, so fast, investors will think the market was a scam— or some sort of playground for Lenny Dystra’s deep in the money call betting parlour [sic].

Into the next leg up, not really caring about timing (to be honest), I like my chances long DryShips Inc. [[DRYS]] , General Cable Corporation [[BGC]] , Flotek Industries, Inc. [[FTK]] , [[ENTR]] , Spartech Corporation [[SEH]] , TEKELEC [[TKLC]] , Barnes & Noble, Inc. [[BKS]] , [[RAX]] and Sonus Networks, Inc. [[SONS]] .

I am leaving work early, in order to enjoy the luxuries of a dental examination.

Despite my recent foray into shit (UTSI), I have built up a decent cash position, over the last few days. Do yourself a favor, you degenerate OTB guy, sell some stock. Lock in some gains and go buy yourself a nice lunch or a pair of jeans. Behave like an upright walking human being, for once in your life.

I will have you know, I am begging for a pullback, in order to execute buy orders on my watchlist. Just to put things into perspective, on The PPT, I created a 4g/Smartphone index (with tracking chart and all), launched at 100—no more than 3 months ago. The index has about 30 names in it, ranging in price and volatility: and that fucker is trading at 120 today—up 20%.

Look, the market is in bull mode: we all know and accept that (at least most of us accept it). Most of the easy money has been made. While it’s true, there are numerous stocks that are dirt cheap, even after this melt up; it’s also true, they need to chill the fuck out for a week or two.

Trade accordingly.

I bought 75,000 UTStarcom, Inc. [[UTSI]] between $2.24-2.34.

Disclaimer: If you buy UTSI because of this post, when you are sleeping, your dog will go nuts and bite you in the face. And, you may lose money.

Ok, this market is no longer just going higher. It is mugging the shorts of their money and their fucking lives. There is no rhyme or reason for this shit to keep spiraling higher, but it is. This brings me back to the go-go days of 2003, when the market bottomed out and catapulted 50% inside of a few short months. During that time, I made more money than God. However, if you recall, early 2004 offered early reservations to the cemetery, for those long semi’s. With that in mind, knowing this shit could end at any moment, I will continue to sell into this rally.

Early going the refiners are lifting off, led by Valero Energy Corporation [[VLO]] and Western Refining, Inc. [[WNR]] . Despite the market feeling slightly overbought, I like the action in DryShips Inc. [[DRYS]] and General Cable Corporation [[BGC]] .

On pullbacks, I will buy Spartech Corporation [[SEH]] , TEKELEC [[TKLC]] , Corning Incorporated [[GLW]] and [[RAX]]

This shit is just outrageously fucktastic to the upside. In no time at all, brokers will be hiring hookers to feed them lunch again and hedge fund managers will line their reception desks with wanna-be super models.

Life is good, as a bull. Nonetheless, I am taking this opportunity to liquidate some winners, in order to raise cash. Plus anyway, thanks to this psycho-path market, I have been unable to allocate funds to my new foreign theme. With the cash that I am raising now, I will do just that.

Unfortunately, for you, I have meetings towards the end of the trading session. Yours truly is blowing the fuck up in real life too, aside from my Blogfather status here. Into the bell, I like Flotek Industries, Inc. [[FTK]] , TEKELEC [[TKLC]] , Western Refining, Inc. [[WNR]] and DryShips Inc. [[DRYS]] .

Indeud!

I sold out of American Capital Ltd. [[ACAS]] , Holly Corporation [[HOC]] , [[UNG]] (fuck that ETF) and Hercules Offshore, Inc. [[HERO]] .

Cash position nearing 30%, while year to date gains are donkey dick large.

And the real players will bank coin off the foreheads of stupid-ass bearshitters, Many of you bullish types are geeked out over the recent run, popping champagne corks during lunch and throwing $50 steaks on the restaurant floor—because it was cooked wrong.

“The Fly” is on a roll here, banging out successful trade, as if I had a deal with the devil. Speaking of which, beware of those who speak with a forked tongue. If you don’t know what I am speaking about, go back to your homofied NY Times crossword puzzle and sip on a soft latte from ‘Bux.

I am a net seller into this melt-up. I will take this run to remove some of my lesser quality names from the portfolio. You know, the names that were lighting my ass on fire 3 weeks ago; yeah, those fuckers are gone.

Finally, many thanks and praise to the stock Gods aka “The Devil” for gifting me with a larged cocked move in American Capital Ltd. [[ACAS]] today. I’ve got lots of shit to do today, so buzz off coffin stuffers.

For more information on how NOT to be a pathetic loser, join The PPT for shameless detail.

UPDATE: “The Fly” is celebrating today’s wins, by way of drinking 40 ounces of malt liquor, letting off some rounds from my gun, while listening to this shit—REAL LOUD—in the richest part of Staten Island. LOL!!! I done lost my mind!!!

UPDATE II: Into strength, I sold out of TerreStar Corporation [[TSTR]] , Tesoro Corporation [[TSO]] , Valero Energy Corporation [[VLO]] , Level 3 Communications, Inc. [[LVLT]] and TeleCommunication Systems, Inc. [[TSYS]] . In other words, I raised some cash, by way of selling out of some of my bullshit stocks.

Pete Rose could hit the ball in between the arm pits of the second basemen for a base hit. Joe Montana could bounce a football off the helmet of the defending free safety, into the arms of his WR for a touchdown. “The Fly” can bank coin in the stock market, even if the stock market was reduced to some sort of open source gambling machine, run by big brokerage firm robots.

In order to make money in this market, similar to learning how to jump rooftop to rooftop in the Matrix, you have to clear your mind of all the tomfoolery and slap your assistant in the face with a ham sandwich.

At this point, “The Fly” isn’t looking or “monitoring” over his positions; he is simply “glossing” over them. I took a quick glance at them, about 5 minutes ago, and I am impressed. Gosh darn it I am good. For the love of defective brake pads, I am cleaning up.

At the moment, I still love the natty trade, long Flotek Industries, Inc. [[FTK]] , Hercules Offshore, Inc. [[HERO]] and GMX Resources Inc. [[GMXR]] . Moreover, within tech, my favorites are Starent Networks Corp. [[STAR]] , General Cable Corporation [[BGC]] , Sonus Networks, Inc. [[SONS]] , [[RAX]] and [[ENTR]] . My latest buy, Spartech Corporation [[SEH]] , looks great too. Despite being content, bullish like Ned Riley, at any moment, I may decide to raise cash and lock in sweet, delicious victory.

Stay tuned.