That is the question.
As “The Fly” positions himself for yet another episode of “epic trading,” ask yourself this question: “Am I worthy of reading this site?” I mean that literally. Think about it. You’re over there just wasting time. You annoy your wife on a daily basis with inane subject matters. Your friends think you’re a fucking idiot, due to a long history and track record of doing stupid shit. And, to top it all off, you have the audacity to come to this Godly website and throw meatloaf around, as if this was your trailer. Guy, get a hold of yourself and behave like a gentleman.
I will have you know, and I am quite proud of this achievement: to date, I have banned aka “imprisoned” over 200 spam/pestering jackasses on iBankCoin from commenting on the site. Just this morning, I ordered the “execution” of another reader, for the better good of course. Like all things in life, order must be preserved, so that we (the good) can enjoy ourselves. If I ran this website, like some of you ran your homes, it would be a crime and a God forsaken mess and “the good” would be motivated to leave for “classier” confines. “The Fly” is all about cleanliness and the preservation of order, for the “better good” of course.
Back to investing:
I sold out of my Equinix, Inc. [[EQIX]] position this morning, further solidifying my blade into Jim Cramer’s ribs, as he was very bearish on the name and I was not. The proceeds go directly to cash, nothing more. Some of you are probably wondering about my mental “well being,” especially since I am so volatile, with regards to my opinions. Let me assure you, once and for all, I am of sound body and mind. However, I must admit, I am afraid to sell this market short, which is why I am taking the pussy way out of stocks, through treasuries and more recently [[VXX]] . Let it be known, I do not like this market, not one bit. But I am not bold enough to take down large short positions (yet), due to the veracity of the permabull trading robots at Goldman.
Without a doubt, The PPT has and is pointing to extreme overbought conditions. But, like in all bull markets, upward momentum is contagious, especially when our 401k money is being managed by chimpanzees with IQ’s less than imprisoned giraffe’s.
Without a doubt, more on this topic later.
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