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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.

How’d That Feel?

I find it amusing, not funny, how you bearshitters have vanished from this site—due to the market melt up.

Fuck you; you’re dead.

Looking at my FXP position, I can only fathom how badly some of you corn can fuckers are doing.

With that being said, “The Fly” feels no pity, mainly because most of you are assholes—who take pleasure in seeing others do poorly.

The irony.

As for the markets:

I sense a continuous melt up, until Christmas. While it’s true, the credit issues are still abundant; I believe they will remain dormant or off the front page, until next quarter.

Towards the end of the day, I rolled some dice on SPF and CFC.

Top pick: VMI.

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Fly Buy: VMI

I bought 1,000 VMI @ $79.

Disclaimer: If you buy VMI because of this post, you will go bald. And, you may lose money.

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Fly Buy: DCR

I bought 1,000 DCR @ $15.85.

Disclaimer: If you buy DCR because of this post, Abu Dhabi will buy your mortgage company. And, you may lose money.

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Not Selling into Melt Up

I know, just a few days ago, “The Fly” wanted to “power dive” out of his office window, minus parachute.

It’s funny how 400 DOW points can change ones sentiment, no?

Anyway, after much debate and crystal ball viewing, “The Fly” has decided to not sell his equities, so that he may reserve the right to kick a few old men down spiked stairs in the future.

As you know, bearshitters are old men.

Additionally, “The Fly” is currently in the process of rehiring his old Voodoo physician, in order to “fuck up the short sellers,” in a very diversified way.

Developing…

NOTE: Rick Santelli is definitely short the market. VMW is no longer to be viewed upon as “waste of alphabet letters.”

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Fly Buy’s: HANS, FTK

I bought 1,000 HANS @ $42.88 and 1,000 FTK @ $33.48.

Disclaimer: If you buy the above stocks because of this post, your toilet bowl will over flow. And, you may lose money.

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Fly’s Post Debacle Top 10 Holdings

After doing a lot of rearranging on the SS Titanic, this is how I’m currently situated:

1. VMI

2. MVIS

3. BWLD

4. RIMM

5. AAPL

6. CLX

7. GME

8. LFT

9. VMW

10. GD

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Bears vs. Bull

[youtube:http://www.youtube.com/watch?v=GvDfsjIuf34&feature=related 450 300]

Odd, no?

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Fly Buy: FXP

I bought 1,000 FXP @ $75.58.

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

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Bearshitters Routed in Early Trade

If you’re heavily short the market, don’t comment on this thread. Don’t do it to yourself.

Instead of reupping your bullshit QID positions, go walk your dog or play with electricity, via sticking a butter knife in your local socket.

While it’s true, I feel somewhat fucktarded being long FXP in this “reverse shit storm;” I still hold my core positions.

For the most part, the only real selling I did was dumping most of my beleaguered XFML position— and a little BWLD. With the proceeds, I have been nibbling at VMW.

The way I figure, when markets correct, it makes sense to dump your shitbag stocks for distressed quality names, like VMW, HANS or FMCN.

Now, I will sit back and watch my bearish friends melt like cheap K-mart candles, while I sloppily guzzling Monster Energy Soda.

I will not sell my FXP position.

Also, the price of oil is not sustainable, at these levels. If I had bigger balls, I’d go long DCR, which is an inverse play on the price of crude.

Finally, if you’re long: enjoy today’s run. If you’re short: fuck you, you’re dead.

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