Fly Buy: PCP

I bought 3,000 PCP @ $106.50.

Disclaimer: Indeud.

Classic head fake was conducted yesterday, effectively sucking shorts into the vortex of tits and placed gently onto a table with a giant fucking vice on it.

Today you will not escape, for you will be squeezed of all of your coin.

A Spanish bond auction was successful, leading to a rally in euro bank shares. At this stage, our markets are 3% cheap, compared to the indices located in fag land.

In short, today is rally or die day. “The Fly” is magnanimously positioned to profit from the pending ” tits ripping rally.”

Are you?

Top picks: x, fls and shld

Year to date data on biggest percentage gain winner, minimum market cap of 500mill

No.	Ticker	Industry	Market Cap	YTD Return
1	APKT	Communication Equipment	1,532,534,057	138.27
2	NFLX	Specialty Retail, Other	5,766,050,462	109.49
3	GSAT	Wireless Communications	518,321,536	102.30
4	ZQK	Textile – Apparel Clothing	510,351,851	100.00
5	ACAS	Diversified Investments	1,473,998,106	96.05
6	CRUS	Semiconductor – Specialized	875,864,017	95.89
7	WAL	Diversified Investments	534,658,232	94.18
8	GSL	Wireless Communications	3,889,799,086	92.36
9	OSIP	Biotechnology	3,518,827,569	85.09
10	ME	Oil & Gas Drilling & Exploration	2,209,763,246	84.32
11	VCI	Marketing Services	1,686,685,382	82.75
12	CSTR	Business Equipment	1,600,126,484	81.79
13	ISLN	Data Storage Devices	812,877,641	79.88
14	LCC	Major Airlines	1,383,758,204	79.44
15	ZION	Regional – Pacific Banks	3,609,081,909	78.08
16	NGD	Gold	2,566,179,000	75.55
17	FRG	Industrial Metals & Minerals	790,393,786	73.03
18	CROX	Textile – Apparel Footwear & Accessories	817,616,849	72.74
19	DTG	Rental & Leasing Services	1,261,510,474	71.77
20	ibankCoin	First Tier blog	150,315,059,207	270.40
21	ODSY	Long-Term Care Facilities	891,779,511	70.30
22	EVVV	Medical Instruments & Supplies	2,519,413,779	69.72
23	TAL	Rental & Leasing Services	645,505,366	69.36
24	AKAM	Internet Information Providers	6,974,252,034	67.01
25	LCAPA	Entertainment – Diversified	3,462,330,503	65.66
26	UAUA	Major Airlines	3,496,749,451	65.30
27	IIJI	Internet Service Providers	538,494,624	63.50
28	LVS	Resorts & Casinos	15,821,677,491	63.19
29	BIDU	Internet Information Providers	24,519,940,156	63.08
30	CMG	Restaurants	4,468,501,700	62.62
31	NXTM	Medical Appliances & Equipment	614,042,940	60.84
32	PPO	Specialty Chemicals	841,573,987	59.24
33	VMW	Technical & System Software	7,235,054,573	58.82
34	SIRI	Broadcasting – Radio	3,807,923,736	58.67
35	THOR	Medical Instruments & Supplies	2,426,123,330	58.54
36	SJT	Diversified Investments	1,197,379,969	57.35
37	HBAN	Regional – Midwest Banks	4,098,811,185	56.89
38	VTIV	Management Services	842,190,555	53.99
39	FACT	Biotechnology	677,765,090	53.85
40	PSYS	Specialized Health Services	1,854,590,615	53.22
41	OPEN	Internet Software & Services	791,253,861	53.10
42	FNSR	Networking & Communication Devices	870,974,769	51.79
43	PWER	Diversified Electronics	583,448,639	50.80
44	PEI	REIT – Retail	552,046,675	50.73
45	BWS	Specialty Retail, Other	633,072,654	49.90
46	WBS	Regional – Northeast Banks	1,383,518,428	48.31
47	SY	Application Software	5,588,627,218	48.04
48	CKR	Restaurants	684,883,149	47.98
49	ANN	Apparel Stores	1,164,103,321	47.87
50	DPZ	Restaurants	715,472,048	47.86

UPDATE: Fellow PPT Gentleman, Po Pimp, of the most distinguished cloth, conducted a study using PPT scores and upside/downside ETF’s. The results: nothing less than staggering.

Investors, dressed in silk handkerchiefs and velvet pants, panicked all day, sashaying in and out of stocks with great ferocity. The news was good in the morning, but as you could imagine, woefully terrible in the afternoon. Traders interrupted their afternoon champagne parties, in exchange for a little “zero hedging.”

You see, earlier in the day, while hopped up on cocaine and other such drugs, they bought stock with vigor. They puffed up their chests and ate roast beef, rare, with their bare hands, while counting their easily made money. Then the drama settled in. People started to choke on the roast beef, as champagne flutes whizzed through the air. Hedge fund managers with large year to date losses sold short everything, just to do the opposite of what they were doing two weeks ago. Small pleb prop traders, circle jerked, buying and selling everything in sight, only to end up the day flat.

The people on CNBC threw hissy fits and slapped each other in the faces for stealing the last bag of dope.

While all of this happened, a certain space alien magician looked down on the market, from the perch of his fucking space rocket and left a message, only for his loyal people to see.

NOTE: I was UP on the day.
[youtube:http://www.youtube.com/watch?v=BioqIQhRJs0 616 500]

I read today’s move wrong. I should have been selling, not buying. Then again, the day isn’t over yet, is it? Nevertheless, all of my buys were at bad prices, for today. Perhaps in two weeks, those prints will look ingenious. However, for now, I’m feeling pretty fucktarded for allocating fresh capital to this stupid, motherfucker of a market.

The math all makes sense. Thanks to the market being controlled by computer trading programs, all you have to do is understand what the computer is, umm, computing. They do not like BP, APC and RIG getting raped, at the hands of the U.S. government no less. It makes no sense for Obama to talk down the share price of BP, BEFORE they have paid the U.S. government for damages. That market cap can be used for raising new capital, in order to pay off damages. Look, the Obama administration is AS DUMB AS IT GETS, folks. I thought Bush and co. were retarded. Boy, these fuckers make Bush look like someone who is qualified to rule the free world.

By the way, a BP bankruptcy will be catastrophic for the market. They are a monstrous company, with a very large r&d budget. Be careful for what you ask for, with regards to a BP bankruptcy, for it might end up raping you.

Also, the computers do not like the Yen trading up. Slap FXY on your 15 inch monitors. When that fuckers ticks up, hold your buy orders. And, as you know, we are all fixated on the Euro. If FXE goes lower, be careful.

Look, I made my call and I will give myself a few days to be proven wrong. Should things go against me, in an egregious way, I will simply pick up the pieces and make it all back. For now, my 30% cushion puts me leagues ahead of my so called competition.

For most, fear morphs into foam mouthed optimism, and then greed, in a matter of minutes. The recent decline in equities brutally punished retail, and to a large degree institutional investors. Just one month ago, you fuckers were writing blogs and tweeting me about “how awesomely wrong Fly is for being long TLT and VXX, like OMG.” You fucking pussified bitches couldn’t trade your way out of a Chinese turtle market. Do you really need to embarrass yourselves here, on this masonic crown jewel, better known to the proletariat as iBankCoin?

My point is this: too many people, including that fat fuck from Fast Money (BEEKER or some shit) have been bearish on stocks, as if the world was about to end, AGAIN. I just like to fade stuff like that, since the crowd is often wrong.

As for today’s tape: too much momo to the upside. I’d be shocked to the point of castration if we gave back more than 30% of today’s gains. I can see a little give back, but not much. My guess, we close at the highs of the day, AND MORE.

I bought 20,000 X @ $42.75

UPDATE: I bought 10,000 SHLD @ $80.50ish.

Disclaimer: If you buy X because of this post, grubs will attack your bullshit lawn. And, you may lose money.

Theoretically, we should storm higher. The stage is set. However, people are more focused on the pending ABK bankruptcy, issues in Fagland and potential apocalypse, thanks to the BP gusher. Personally, I don’t trade the open anymore. In the winter, I am at the gym. During the warmer weather, you can find me playing tennis outside. Either way, opening ticks are riddled with retarded buy/sell on open orders, issued by idiot money managers, on behalf of stupendously moronic pension fund managers.

You have to buy into the fear, unless of course that fear is warranted, backed up by horrific events set to unfold. Without a doubt, should we double dip, and I think we will, the Dow is headed much lower. But, that remains to be seen. Before we can get to that, first, we need to deal with standard, run of the mill, stock market supply and demand. Right now, there is way too much pessimism. Stocks are being blown out, without regard for valuations. That, my friends, is patently absurd.

My top pick, into the rally that I see coming, is FLS. That fucker is good for another 15 points, despite being up 3 as you read this. If I am correct, we should see the market rally another 300 before settling in, which at that time my handy-dandy PPT algorithm will likely tell me to GTFO of stocks.

UPDATE: I covered my MET short, under $40. Now, I am completely unhedged long, with a 40% cash position.

Here is the most down list, year to date, for companies with caps above $50bill.

The Krullster on BP “oil spill”
[youtube:http://www.youtube.com/watch?v=wFE88ySdXvc&playnext_from=TL&videos=adruSZyfPro&feature=sub 616 500]

Fuckface.

That’s all I have to say about that. Oh, by the way, I went looong another 10,000 TNA @ $37.90.

The PPT called this fucker, to the day, once again.

Off to melt down houses with my fucking space rocket.