“The Fly” Wins Again

Today’s closing comments are brought to by, none other, The Great Greg Solomon.

As soon as I announce the purchase of SKS, all of the assholes come out of the wood works to suggest otherwise.

Please. Don’t you fuckers know, “The Fly” is a space alien magician, who is simply bowling on fuckers. I guess the key tell with BAC was when General Tommy “conquer your country” Franks stepped in and bought yesterday, at the lows.

With today’s gains, I am at a new year to date high, up nearly 14%. Although 14% is nothing spectacular, I consider it to be a “good start.”

If you are keeping your eye on JRJC, you might notice that it is “breaking the fuck out,” indeud.

In addition, “The Fly” has all sorts of wins taking place, with exception to his annoying oil shorts.

One stock worth a looksy is LNN. I know farm equipment is no longer in vogue and water supplies are no longer needed. However, in the event that farmers should need a few pivots for their farms, LNN or VMI may be worthy of a small investment.

By no means do I believe we are off to the races. But, for the day, I’m feeling jubilant, guzzling down a can of Monster Energy soda, from a diamond encrusted chalice, while kicking, mind, old men in wheeled chairs down idle elevator shafts.

I bought 25,000 SKS @ $2.74.

Disclaimer: If you buy SKS because of this post, your only son will take a job working in the perfume section at Macy’s. And, you may lose money.

Watching this interview of Ken Lewis, CEO of BAC, almost makes me feel sorry for the guy—almost. Basically, he’s a good ol’ southern boy, naive of the insidious NY/Merill Lynch ways. After he found out that Thain donkey punched him into buying MER, he went to the government to inform them he wanted out of the BAC/MER deal, since there was “material and adverse changes” to the fundamentals at Merrill.

The government responded with a “fuck you, you’re doing the deal for the country” rap, essentially strong arming Ken into a deal spearheaded by modern day “Northern Aggression.”

Egregious!

I like the way the market is trading and would not short anything, with exception to oil, at these levels. Geithner is speaking on Monday, regarding TARP II. And, the stimulus bill is likely to be passed within days, if not tonight.

As you know, “The Fly” is all about playing the orient, via CHL, YZC, FXI and JRJC, with a little side order of WX.

Some other “Chinese Burrito” plays worth considering are:

ACH, SNDA, EJ, CMED, MR, GU and HNP.

Within Steel and Iron, I like MT, RIO, TS, SCHN, NUE and for a dice roll CMC.

I like equipment firms JOYG, BUCY and dice roll play MTW here. And, if you are really adventurous, SKS is pricing in outright bankruptcy. Actually, it is likely that SKS will go belly up. However, into unchecked optimism, there may be a trade in SKS worth taking.

Finally, I smell mustard seeds and I do not like them. I will keep all of my DUG/ERY, due to my core belief that the oil/gas industry will suffer grave consequences for levering up their balance sheets into weak oil/gas markets. I will restrict my longs to non-financials, focusing in on the traditional “global growth” aka “Chinese growth” plays. And, I will look to buy back SRS/FAZ lower, over the next week or two.

In short, this is a relief rally. It can last a few weeks, so be ginger with your short positions.

As you know by now, “The Fly” is roaming his office in a long cape, similar to the one seen in the epic movie “The Count of Monte Cristo.” Now, you might ponder to yourself: “Why the fuck is Fly roaming around in a cape?”

My answer to you, as always, is “shut the fuck up, you stupid bastard. Get me a cup of tea, 2 lumps, heavy creme, no butter, thanks.”

There is a certain level of professionalism, demonstrated on this website, that cannot be duplicated elsewhere. Had you followed my sage advice, over the last 2 weeks, you would have went bananas, but richly rewarded. I have played along with this tape, via long and short positions, better than any known man in the history of investing, scientifically of course.

At the present, my only meaningful short positions are in DUG/ERY. My longs stretch for miles, in various Chinese related names; and they make me happy.

See folks, “The Fly” aka Senor Tropicana aka Plutonium Petey aka HORATIO CLAWHAMMER is all about bowling on stupid bastards who bet against him. I’m too fast for you slow gun grabbing goat ball lickers. It’s like playing baseball against a team of retards, almost.

Anyway, into this circle jerk of optimism, I might (it’s still very early) sell some of my longs, which includes FXI, CHL, MT, JRJC, YZC and BUCY, in order to enter the weekend with totalitarian dominion over this market and, yes indeud [sic], the financial blogosphere.

Never forget, you other bloggers are like little fish getting a free ride on my fucking fins. Keep fucking with me and I’ll bite your stupid heads off.

Another month goes by, another 600k jobs lost.

You know, I still can’t come to grips with the fact that Obama is supporting a criminally insane pork laden “stimulus bill.” It’s almost as if he is being led around by the nose, by some stupid bitch in Congress.

It’s equal to be broke/starved, with nothing but vinegar in the fridge, then going out and borrowing money to buy a new blu-ray dvd player, while the kids at home starve. Fucking idiotic.

Once again, it took Bush 8 years to steal $1 trillion from the Treasury. These fucking bastards are attempting to do it in 1 week, without debate or opposition support. Bush used the war on terrorism to scare the shit out of us; now these fuckers will use pictures of the Great Depression to get what they want.

At the end of the day, I’m all about banking coin and bowling on you fuckers in the comments section anyway. I am indifferent to politics, but find it amusing when the politicians try to steal.

Into a rally, I will likely sell off some of my longs and build my cash position to 50%+.

There are mustard seeds all over my front lawn. People in my neighborhood are racing, mind you, over to Best Buy, in order to buy more plasmas.

On a very personal level, I’d like ot see the Dow like at 2,000. You know, just to crush the spirits of all of the assholes who’ve been buying the dips. However, I am looking for a rally, near term, which will set up a Godly shorting opportunity.

I do not debate the fact that we are fucked. Instead, I offer visions of mustard seeds and fantasies of stock splits, for the next week or so.

Or, maybe we just go down and I sell my longs and go short again.

Stay tuned.

NOTE: At the time of this post, “The Fly” was 50% long, 15% short and 35% cash.

[youtube:http://www.youtube.com/watch?v=lFCsMtu_eKY&feature=related 450 300]

Ack,

Ack, ack ack-ack. Ack DUG, MT, ERY, CHL, ack, FXI, BUCY, YZC, WX ACK ACK ACK!! Ack, JRJC!!!

Ack, ack ack (burp). Ack FAZ (ack,ack). ACK ACK ACK!!!!!

Ack ack, ack SRS, EEV, ack, KIM, ESS, MAC ack, SLG!!!!

Ack Geithner, Paulson, Obama, Bush, Bernanke ack Mozilo, ACK-ACK-ACK-ACK!!!

Ack

“Ack Fly”

I bought 5,000 DUG @ $23.03.

Disclaimer: If you buy DUG because of this post, your balls will fall off. And, you may lose money.