The egregious powers of “The Fly” are strengthening by the minute. He is fighting many battles on numerous fronts, and winning on all of them.
In other words, “The Fly” is Godzilla and everyone else is Japan.
During today’s tape, I made massive quantities of coin, while heavily caffeinated, on short [[CSE]], short [[EWBC]], short [[FED]], short [[CYN]], long [[RIG]] and long [[NOV]]—just to name a few.
I gave back a little in my [[HRB]] short; but that’s okay. I have lots of firing power. My ammunition drawer is filled with nuclear bomb grenades and mustard gas. Fuck around, I’ll throw some mustard gas in your face.
As an aside, it appears the banks are sliding down the sloppy slippery slope of sloth. I suspect we will see many more dilutive capital raises, to go with egregious writedowns, almost immediately.
“The Five Reverse Horseman” of death and fun had a splendid day, as did most regional banks.
Towards the end of the day, I started a short position in [[FMBI]], and added to my [[REW]] position. In short, with such an ugly tape, there is no fucking way tech will skirt the selling programs.
Eventually, the pain will become too great for money managers, forcing them to raise cash. When this happens, I suspect REW will sprint to $65.
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