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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.

Theme-less

I’m sure “The Fly” is making most of you scratch your heads, thinking “what the fuck is this asshole doing”?

One day I hate stocks, the next they’re grrrreat!

Frankly, I am running, without reason. Currently, I am theme-less. I’m just walking around the forest of fucktards, with rifle in hand, picking off game.

Right now, I am long [[NILE]], [[WB]], [[LAZ]], [[FMCN]], [[CTRP]], [[NVDA]], [[HD]], [[JOE]], [[RIG]], while having short exposure in [[SMN]], [[SRS]], [[SKF]], [[FXP]], [[POT]] and [[LEH]].

By the way, “The Fly” is Master and Commander of the putrid shares of LEH, just like [[HANS]].

Basically, I don’t have the slightest clue, regarding the near term direction of the market. I’m just trying to be in as many plays as possible, taking gains where I can.

I’ll be utilizing my “time machine” this weekend, in order to get a better feel for the near term direction of this God forsaken market.

NOTE: Stay tuned for Hattery’s campaign commercial, immediately following the closing bell.

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Position Update: NVDA

I do not like the banks here. You go buy them, after a a 50% run.

However, I do like select tech, particularly [[NVDA]].

It’s a nasdaq 100 name, with huge institutional sponsorship. Should the market continue to rally, NVDA should do well. However, keep in mind, they are slated to book earnings next week.

Bottom line: “The Fly” has been buying NVDA in a rather aggressive manner.

NOTE: Ragin’ has been buying it too. We rarely buy the same stocks at the same time. Perhaps a sign of doom.

Just saying.

UPDATE: [[MSFT]] jsut agreed to pay up to $33 for [[YHOO]]. What a group of assholes. YHOO is worth $18, at most.

Sell MSFT twice over. They are breaking the bank.

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Fly Sell: LEH, POT

I sold short 5,000 [[LEH]] @ $47.13 and 1,000 [[POT]] @ $186.

Disclaimer: If you sell short LEH or POT because of this post, your favorite blogger will morph into some fucktarded Ducatiesque asshat. And, you may lose money.

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Fly Buy: SKF, FMCN

I bought 5,000 [[SKF]] @ $93.84 and 2,000 [[FMCN]] @ $38.33.

Disclaimer: If you buy SKF or FMCN because of this post, you will be on the receiving end of a homo hammer. And, you may lose money.

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Financial Alert

Shares of [[ASFI]] are receiving the “homo hammer of death,” on rumors of pending doom. As a result, other names are taking a hit, such as [[LAZ]], [[PNSN]], [[DSL]], [[GHL]] and [[WM]].

In my estimation, LAZ is a buy down here. However, in order to hedge that bet, I will go long some [[SKF]] down at these levels, in order to catch the “homo hammer” and bang it over the heads of some of you retards—who are long banks.

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I Really Hate the Fed

I’m not done making money on the short side. While it’s true, I was rudely interrupted with this rally of “death and cannibalism” by the bulls, being short. I still have it in the back of my mind. It eats away at me in my sleep. Just know, I have the motivation to “revenge trade” and slaughter all of you bulls in one sitting. It would make my life all the more glorious.

The latest Fed action disturbs me, like a drunken homeless man, inside my morning commute subway car.

Let me get this straight:

The Fed will now accept bullshit student loans at the window?

Ha!

In addition, they will take on all sorts of so called AAA paper. Quite frankly, if I wasn’t so high, smoking opium from my euphoria stock market pipe, I might be concerned.

Nonetheless, the job numbers come in at -20k, BANG ZOOM.

I really need to chill the fuck out.

As for oil:

Do not ever think it will go lower, in your lifetime. Oil will trade up to $400 per barrel. It’s some sort of transfer of wealth scheme, from west to east, that you and I were not invited to.

However, you can always crash the party, via buying some [[USO]] and putting the certs in your vault.

With my money, I do not fear [[POT]] trading higher. I will short more.

Also, I am quite pleased with the behavior of [[NVDA]], [[FMCN]], [[LAZ]], [[NILE]], [[HANS]] and [[ZUMZ]].

I am building up my war chest, in order to slay you later.

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