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Dr. Fly

18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.

America is Still Doomed

About 3 weeks old, yet still brand fucking new. Funny how that shit happens.

[youtube:http://www.youtube.com/watch?v=vXCJOBUpMuI 450 300]
UPDATE
: Latest Hendry.

[youtube:http://www.youtube.com/watch?v=Eq2_L9x-6GQ 450 300]

UPDATE: Alpha penned a fantastic post.

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The Party Continues

My Voodoo physician says, and I quote: “the market will make your enemies choke on black dust.”

This is great news for me, as you can understand. Being “The Blogfather,” I have many enemies and many battles to wage. All over the internets, people are trying to take my crown, amidst their fuckery and abject stupidness. Truth be told, Senor Tropicana does not like people. He does not talk to his neighbors, with exception to “Steve.” And, he does not like to “hang out” with the local morons at the local golf course.

Life, as it is now, is all about collecting wins. Keep in mind, these wins I speak of may seem scurrilous to the likes of you, a “non-winner.” However, just know, winning stuff is what keeps me going. Should misfortune come my way, via some sort of galactic disturbance (resulting in losses), I would be forced to live out the rest of my life as a sanitation worker or even worse: a venture capitalist (the horror).

For the day, I made money. That’s all you need to know, at this point in time. I am looking for more gains, which in turn, will result in more wins for my vault.

Top pick: Quit being an ingrate and subscribe to The PPT. Failure to do so will result in great SHAME and famine for your family.

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Perfect Consolidation Day

After a monster 7% spike, this is exactly what the markets need, a little moribund trading action. We need to bore some of the idiots back into SKF, in order to fleece their coin.

We need to pick the pockets of SRS lovers, if only for awhile.

What’s important for you to understand, prior to digging in your heels: “The Fly” is long for a trade only. I still believe we are in a deflationary vortex, where the dollar will sprint higher, gold will fuck itself and equities will crash and burn. Nonetheless, before we get to that point, there will be many bear market rallies. This, good Sir, is exactly that.

So, enjoy the green tape while you can, for the future of this market is filled with visions of black smoke and mangled metal.

If I was buying stock today, I’d pick up some TNA, UYM and NTGR.

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Much too Busy

I think it’s funny to see Dennis Kneale make a mathematical fool of himself on national tv. I think it’s funny to see Dennis Kneale on a financial television show, without possessing rudimentary mathematical skills.

“The Fly” is excellent at math and can calculate numbers in his head, while chewing gum, drinking coffee, exercising or eating cake. “The Fly” can do lots of stuff.

Speaking of which, I’ve been busy with my “real life work.” Let it be known, I spend far too much time playing games with you retards on the internets. Quite frankly, I am too busy for you.

As for the markets:

A little pullback, following a carnival-like melt up, is to be expected. Quit being so stupid and antsy. If you do not have the stones to suffer temporary set backs, take your money out of the market and go wash dishes for a living.

Fuck GS and their “Johnny come late” downgrade of AXP.

On a dip, I will buy nothing. How about that? I told you fuckers “The Fly” was fully invested at 50%.

As you now know, “The Fly” does not lie.

So, my game plan is to sell my longs into strength.

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America Rejoice!

[youtube:http://www.youtube.com/watch?v=1Xl-jq08AGU&feature=channel_page 450 300]

You are gonna do it! A dozen years later, you are about to break 7,000 on the Dow (again), to the upside, which in turn will cause brokers to rejoice and dart for their office stairwells, in order to do lines of coke and shots of tequila—out of heavily salted glasses.

Grab a girl and rejoice!

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Exhilarating Blissfulness of Decadent Joy

Today I shall forage my local eateries, in celebration of my latest win.

Don’t try to do what I do at home; you’re simply too stupid to figure it out. I’ve been at this trade for a long time and take it seriously. Mind you, there is no fucking around with me.

Into the bell, I was fully invested, 50% long, 50% cash. My top picks vary. Go check today’s posts for details. God willing, I will be selling some of the lesser quality names in my portfolios, inside of a week.

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Fly Buy: AXP

I bought 20,000 AXP in the high $11.90’s.

Disclaimer: If you buy AXP because of this post, your only daughter will marry Zach Karabell. And, you may lose money.

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