After such grandiose wins, particularly in my personal accounts, I’ve decided to take it easy for the next few days, and shit. Rarely do I speak of my personal wins, in favor of the broader picture. But so you know, the recent [[VXX]] trade that was mastered by yours truly was the biggest trade, by size, on a personal and professional level, of my career. I am glad it worked out and will not try such an absurd thing again, for many moons.
At any rate, we are still oversold and should rally. I do not like the banks, for a number of “no brainer” reasons. And, with commodity prices falling, coupled with dollar strength, I do not want to buy commodities either. In my estimation, if you are going to play the bounce, do so long big cap tech. Personally, I have been buying [[TYH]], which is 3x tech fuckery, all of the finest and biggest cap shit out there, from [[IBM]] to [[AAPL]].
As an aside, I was impressed with the numbers out of [[FTK]]. More on that later.
Picking through the rubble, I want to average down on a few of my positions. I like [[CBD]], [[TEVA]], [[PKX]] and [[EMN]] down here. I understand the euro is raping the world. I am alarmed by today’s drop. Moreover, I have every intent of keeping all new positions are very short leashes. My prediction for this summer has a lot of do with pain and extraordinarily lower equity prices. So, keep in mind, when I say “I like” something right now, I literally mean “right now.” Shit changes all the time.
When I talk to stupid people in the street, and shit, they ask me “hey, what do you like now?” In the past, I’d entertain their queries with a flurry of picks, with commentary. Now, with age and a much more jaded/cynical attitude about life, I tell them “I like what I like and that changes on a continuous basis.” The reality is, I am not a fucking stock picking monkey; save that shit for the pikers doing 5 gross per month. I manage money and do so with the utmost dignity and professionalism. Asking me for a stock pick is equal to asking Ty Cobb to show you how he hits a single.
FUCK OFF ASSHOLE. GO TO THE YAHOO MESSAGE BOARDS FOR STOCK ADVICE. I AM TOO BUSY BUILDING MY KINGDOM, and shit.
[youtube:http://www.youtube.com/watch?v=OXjZNOu70Xw 616 500]
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