I’m just bowling on you bullish fuckers—throwing cannon balls and shit at you “do-gooders.” All day, I was leaning on [[LEH]], much to the chagrin of CNBC. Hopefully, some of you ingrates banked a little coin on it.
By the way, I’m not covering my LEH short. As a matter of fact, I greatly increased it today, as rumors run wild of their imminent demise.
Soon enough, you bottom calling fuckers will frantically exclaim: “where’d the bottom go”?
It’s not very difficult to trade a bear market people. When the market is knifing lower, reduce your leverage and raise cash. When it is spiking, increase your downside bets and leverage on extreme up days.
I know this confuses many of you, who are pre-programmed to always be bullish. I need you to understand something: “The Fly” needs you to stay bullish.
I need you fuckers to fuel my cash machine, by placing you and your stupid longs into my turbine. Without you, I would not be able to short LEH @ $49, or [[MON]] @ $114.
Regarding today’s welfare handout to the investment banks:
The brokerage asshats took 86 billion in free U.S. Sovereign Wealth Fund (FED) money. In my opinion, that’s an absolute flaming red flag. Expect many of the brokers to announce significant write downs, now that they have this money.
Finally, it’s worth noting “The Fly” is on the comeback trail, in iBC’s Final Four contest.
You didn’t think I was going to lose, did you? “The Fly” wins all the time, even when he appears to be losing badly.Comments »