They’re like little tiny time bombs, waiting to blow your arms and legs off.Comments »
Early this evening, my wife and I took our 3 year old son to get a haircut.Â They charged my wife $10.
Three weeks ago, I took my son to the same place, for a cut; the bastards charged me $15.
I think not.Comments »
[youtube:http://www.youtube.com/watch?v=8IB_sf647O8&feature=PlayList&p=8AF18B710B3DB739&index=5 450 300]Comments »
That was one fuck of a bullshit trading session. For the most part, everyone but “The Fly” lost, as mental illness infects the trading robots at the NYSE.
At the end of the day, I feel confident that the wheels will fall off that stupid Chinese wagon. It’s nasdaq 5,000 all over again.
In time, the Chinese exchange will have a 3 handle, deservedly so.
Aside from that, the financial bulls got their fucking heads punched off, led by dumb guys at C and WM.
Let’s just say it: WM is going under.
In closing, “The Fly” demands you get market neutral or bearish. Don’t be stubborn with your positions, else you’ll wind up like the tanned one at CFC.
Right now, I will keep big positions in VMI, MVIS, GD, RIMM, AAPL, FXP and SKF. And, I may take out some short positions on both BSC and LEH, tomorrow.Comments »
I bought 5,000 SKF @ $97.5
Disclaimer: If you buy SKF because of this post, your IQ will go below 100. And, you may lose money.Comments »
I bought 500 RIG @ $137.62.
Disclaimer: If you buy RIG because of this post, “space alien magicians” will make your bullshit car disappear. And, you may lose money.Comments »
Thanks to the resurgence of my positions, in recent weeks, my year to date gains are more than 15%.
With only a few weeks left in the year, I intend to get all defensive and shit, in order to “not fuck myself,” rank rookie style.
So, I’ve outlined a simple plan, which will be adhered to, with the strictest of rules attached.
I’ll be happy to keep 15%, then fuck around early 2008.
In short, I expect the market to go lower, but hope it doesn’t. To protect myself, I have numerous inverse ETF positions open, effectively balancing out my longs.
In other words, whether the market goes up or down: “The Fly” wins.
My year is over.Comments »
I bought 500 FXP @ $70.51.
Disclaimer: If you buy FXP because of this post, Santa Claus will break your jaw for Christmas. And, you may lose money.Comments »
It’s hard not to notice the recent divergence between the share prices of RIMM and AAPL.
For a long time, both stocks traded in lock step—with RIMM outperforming by a slight margin.
However, since late November, RIMM‘s stock price has plummeted, more than 30%, while AAPL presses higher.
Taking the iPhone into consideration, is it possible the iPhone is eroding some of RIMM‘s retail/pedestrian market share?
If not, RIMM is 40 bucks cheap.Comments »
Sure, why not go up a hundred today?
When insanity prevails, reason is discarded like an old banana peel.
For the most part, “The Fly” is not hurt by today’s melt up. My FXP purchase was all done under $71 and SKF is up, mainly due to financial stocks blowing pole.
Unfortunately, I am not a big believer in this rally—considering how dumb and foolish Mr. Bernanke’s beard looks.
But, I’m not selling anymore tech or ag stocks. My only form of defense will come via FXP or SKF purchases. If “The Fly” were to” sell it all,” and the market went higher, he might be forced to sell hot pretzels or knishes, on a filthy NYC street corner.
With my money, I like the oils, ag and networkers, limited to CSCO, JNPR and FFIV.
And, of course, I will use this rally to buy more FXP.