THE PLANET IS GOING TO EXPLODE

Pardon me for posting under such an alarmist title, but it’s true. I’ve been reading some of the Godly newspapers, near the cashier, at my local grocery store, and almost all of them warn of “imminent” and “grave danger” to the Earth, something to do with lots of old cold war era nuclear war heads stored underground.

So you know, Senor Tropicana has secured asylum on the planet “Asstard,” and none of you are invited. While here, on this doomed planet, I intend to “bet” on bank and commercial re stocks going lower. Sometime soon, I will begin betting on oil stocks sucking dirt too.

In an odd twist of reality mixed with misty mirages, I have decided to bet against the 99% of the water buffalo running around on iBankCoin, in order to prove a point. That point being: I am smarter than all of you combined.

Watch and learn, old Chap. Watch and learn.

Poof. The bull market of 2009 is over.

-Merlin

I am very tempted to begin a crusade of sorts against the fuckers who buy oil and oil stocks, during economic collapse. I can undertake such measures in a variety of ways.

The straight forward approach is to sell short bloated rig makers, like NOV and RIG. Or, I can reinitiate my war versus XOM.

However, considering the risk at hand, delving into individual names, I will likely bet against the sector, by way of etf.

To bet against the commodity (oil), I might go with SCO or DTO.

And, as you well know, I shall bet against you inflation losers, via ERY or DUG.

Bottom line: Should oil trade back down to the low $40’s/high $30’s, I will be tea bagging the Texas tea baggers in their own kettle, if that makes any sense to you—God speed.

Update: Pardon me for interrupting this Tea Party, I just bought 2,000 FAZ @ $19.16.

Update II: I sold out of NSM, around $10.80. My only positions are FAZ and SRS. Funny how that happened.

Should City Center file for bankruptcy, MGM will likely follow suit and all of the contractors working on the project will get hit too. As a result, unfortunately, I sold out of my PCR position, for a loss.

I bought some SRS, based upon the MGM situation and the possible jarring effects it should have, for the REIT sector. However, keep in mind, I am just getting started. For now, I will continue to hold my little NSM position.

Apparently, the market forces are ignoring such detrimental news and attempting to bottom fish here. My hunch, such efforts will result in outlandish losses for the assholes who choose to ignore things, such as reality or non-fiction.

Don’t get me wrong, I do not wish death to U.S. equities, only a deep coma. I am not bitter, whatsoever, over missing out on the biggest rally since, well, the great bottom of ’74, not at all. “The Fly” is a simple working man, who harbors no ill intentions against asshole dip buyers or idiot bank lovers.

Coming back to the idea of “reality,” it is very possible for us to bear witness to the greatest ponzi scheme (U.S. Gov’t) ever concocted, since the “The Great Stimulus plan of 12,331 B.C.,” where all cavemen were encouraged to put leopard skinned rugs on their cave walls, instead of the cheap prairie dog kind. What a ruse! At any rate, we may very well see the Dow Jones Industrial Average drop by a whopping 50% from today’s levels, based upon good ol’ fashioned DEPRESSION and WORLWIDE FAMINE.

Pardon me for being a two bit alarmist. It is my style.

UPDATE: I sold out of my BUCY position for a .30 win!

I bought 2,000 SRS @ $53.40

I’ve had a lot of time to think about my asset allocation. For the moment, I will overweight on the long side, at least until May. There is no way I enter the summer long equities.

Most likely, I will keep a good 10-20% in cash. I intend to make some pretty bold moves, which will be refreshing, especially since I’ve been acting like a big pussy.

Once gain, target shorts are ACC, WRI, MAC (2 points higher), HME , PACW and RIG. As far as etf’s are concerned, I will take a stab at FAZ in the teens and SRS in the 40’s.

I had a dream DUG went to $18. Therefore, I shall endeavor to buy it at $18.

On the long side, people think the recession is over, no shit. That is why semi’s are spiking. I will entertain these delusions via a long NSM position.

I like construction firm PCR and mining play BUCY.

In tech I like LOGI, NTGR, JNPR and CHL. In finance, I like AMG. And in health care, I like Ci. If forced to play oil, I’d buy GMXR, for a squeeze. And, in retail, I like GES.

Oh, don’t forget the fucking railroads, via GWR.

[youtube:http://www.youtube.com/watch?v=IF2VsKdLqbk&feature=channel_page 450 300]

[youtube:http://www.youtube.com/watch?v=vCZ7cshAkWY 450 300]

Certain such said suckers are suggesting that I seek solace in selling stocks, in order to bank coin. When will you fuckers learn? “The Fly” does not need nor want advice from the likes of you. He bounces to his own bombs. He dances to your debacle.

I went long thrice times today, only on a personal basis, via PCR, NSM and BUCY. While it’s true, stocks cannot keep running like this forever. It’s also true, when companies like BBY and FDX break-the-fuck-out, the game changes.

The game has changed because Americans are degenerate credit card wielding fruitcakes. People are spending again, somehow. It’s important to take note of that.

From restaurants to retail stores, stocks are on fire.

On a very personal noteworthy note, I will be putting cash back to work, in a very slow, methodical manner. So you know, today’s bullish thesis may become tomorrow’s bearish dissertation, if that makes any sense to you.

Trade like the wind and pray to curry favour [sic] with the stock Gods.

UPDATE: The PPT Top 10—

1 OCN 4.12 4.40 4.24 12.47% -12.73%
2 LFT 4.37 3.90 4.17 10.32% 41.41%
3 TCK 3.41 5.10 4.13 2.74% 23.88%
4 CMO 3.37 4.95 4.05 -1.70% 16.57%
5 TIBX 3.62 4.60 4.04 7.16% 38.23%
6 JJSF 3.72 4.45 4.03 13.20% 26.73%
7 SPIL 3.22 5.10 4.03 10.71% 24.62%
8 TNDM 3.97 4.10 4.02 4.15% 18.71%
9 DNA 3.87 4.20 4.02 1.26% 11.63%
10 SUR 3.27 5.00 4.01 17.94% 11.63%

I bought 2,000 BUCY @ $16.05.