Simply Too Dramatic

The Drama Queens are out and about this morning, worrying about everything. TLT is simply through the roof, defying all of your silly notions of inflation. And, the currency situation is a small mess again, with yen and dollar strength/euro weakness. With oil down and TGT sucking dick, it is possible to see some weakness permeate today’s tape; but is it probable. What’s important for you to consider, at this very moment in time: is someone trying to steal from you?

Why, I think if you’d investigate, you might conclude: indeed they are!

We are sort of programmed to ignore anything that happens in the summer and discard it as “typical August bullshit”; are we not? But the things that are transpiring are very real, which leads me to my next point. What the fuck is gold doing at these lofty levels? And, secondly, why is the market pricing in both inflation and deflation? Talk about basket case.

Taking all of this into account, I’ve concluded one thing: the market is simply too dramatic. It’s plain ol’ vanilla gay and you really should not think about it too much, else you might die from an aneurysm rupture on your aorta. For now, put the macro stuff on the back burner and focus on price action. That’s the only thing that is real: the price something is selling for right now.

With my money, I will hold onto recent longs, as my belief system values the notion of a trade-able bounce, despite this mornings weakness—precipitated by a TLT spike. Nonetheless, I still have my insurance policy, via VXX, out there, in the event this market starts to get gay again.

In short, watch out for an upside reversal.

“I am the punishment of God…If you had not committed great sins, God would not have sent a punishment like me upon you.”

-BEAS, 1310

“The greatest happiness is to vanquish your enemies, to chase them before you, to rob them of their wealth, to see those dear to them bathed in tears, to clasp to your bosom their wives and daughters.”

-BEAS, 1311

“It is not sufficient that I suceed – all others must fail.”

-BEAS, 1312

Goodnight.

You motherfuckers got “zero-hedged” because you’re in this game for politics. I am in this to kill you, via large directional bets provided by your bullshit margin liquidations. For the record, I sold out of EDC, for a quick profit. I sold it because it isn’t priority. I am holding onto all longs, until the shadows near my favorite urinal start smoking menthol cigarettes again. Last I checked, those bastards were smoking Pall Malls sans filter.

I will push the envelope on my longs, just like I press my bets against your career as a professional money manager. While it’s true, I am not a big game hunter. I still kill a lot.

Into the bell, for novelty, I added to my FTK position.

Top picks: CBL, AXL, CRS, BUCY

If you missed this run, due to it “not feeling right,” it is too late to chase the market here. Although we could run another 1-2% higher from current levels, the risk-reward is no longer one sided. “The Fly” is only interested in high probability trades.

Having said that, I am interested in booking profits on recent longs, but not today. I endeavor to do so sometime tomorrow, or when The PPT flags OVERBOUGHT.

[youtube:http://www.youtube.com/watch?v=gH05PBuldhY 616 500]

Everyone watches vampire shows. They’re cool.

I am fancier than all of you combined, AND MORE. I have marble floors and gold pens. My shoes cost more than yours and let’s not even begin to talk about watches. While you scurry about your housing tenements, looking for macaroni and cheese, “The Fly” is throwing beluga caviar on his crackers, while drinking champagne from the bottle. You might call me a glutton; but I am preparing for the after-life.

Breadth is robust. Everything is working in the markets favor, from currencies to commodities to hostile takeovers. Now, you can say it’s all a coincidence and SENOR TROPICANA is just “so fucking lucky.” But ask yourself pal, “can one man be so lucky?”

The stock Gods bless me; and in turn, I help you via The PPT. Bet against those things and lose your house, wife and kids.

Into this run, I will enjoy the splendour [sic], better known as “my fucking positions,” long egregious amounts of EDC, TNA, BUCY, GMCR, CBL etc.

“The Fly” wins again, even when you expect it most.

UPDATE: I sold out of ANF. No time for dogs.

Want to know something odd-ballish? Since publicly traded, TLT has never been down in August, booking higher for 9 years running, going on 10. Do not fear, small pleb, for The PPT will inform you of such marvels, going forward, via our new seasonality engine.

All of my stocks, with exception to the cock lovers at ANF, are charging higher today, thanks in small part to the all cash hostile takeover offer for POT. Fuck those shit producers: BHP will swallow them whole.

Off of that news, I think stocks will gain a little momo here, as investors scratch their balls and say ” hmmm, maybe BHP knows something we don’t.”

Either way, The PPT wins again.

Some of you nailed this trade, others didn’t. It’s like a war, where some will perish and others will emerge with shiny medals and shit. So you know, “The Fly” is the 5 star general of this blogging/investing game.

In closing, losses in VXX are expected into melt up mode. I will take the profits from longs and use them to average into VXX, when I deem fit. However, for now, enjoy the run.

UPDATE: I bought 10,000 AXL @ $9.52

Get the kids and enjoy the show!

Serious Word About 12631: We just launched the Seasonality Engine for PPT subs, making this the 100th update to the system (for free) since inception (note: I might be exaggerating the number of updates, but not by much). If you are interested to know what stocks outperform/underperform, during certain months, you will love this new feature. With regards to 12631: it will serve as an addendum to The PPT. It will be a paid service, mainly due to the amount of work that is taking place putting it together. It will be, without question, the biggest update to The PPT architecture, since creation. As launch date nears, further details will be disseminated.

I am not scared of this market. I fucking own it.

I am positioned accordingly:

long TNA, EDC, ANF, ATHR, GMCR, BUCY, GLW, VXX, just to name a few. My full list of positions can be found within the confines of The PPT.

Let it be known, I am convinced the move in bonds is NOT a reaction to some sort of Hindenburg crash. Instead, I believe rates are being manipulated lower, by the cognoscenti, in order to buoy the housing markets. If they really want to give a boost to the housing market, they should lower standards to nothing at all. Loans for everyone; get your fucking share of American home pie.

Into the coming rally, I intend to release my longs and set up for September apathy.

I made my bed, now I will lay in it. I will not sit here and second guess myself, for that is reserved for “cock-goblins” and I am certainly not one of them. The economy is for shit and the market is unpredictable. Nevertheless, it’s important to attempt to bring normalcy into money management, whenever possible. By that, I mean avoid putting yourself in the fucking blender with mixed trades and conviction-less swagger.

Twenty five percent of my assets are in VXX, serving as an insurance policy against my longs. I will not walk away from my “bounce theory.” Therefore, I will now walk away from my office and venture off into the concrete jungle, where I will tell people to “go fuck themselves” and slap homeless men with empty garbage cans.