iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

Bear Special: What’s Getting Killed

In an effort to placate the bearish variety of fucktard, who “learns” from “The Fly” daily, I have compiled a short list of retard stocks. They are grouped by sectors.

Chinese lotto:

ADY, CEA, CHNR, KUN, JRJC, WX, ZNH, ACH, SNP, SNDA, CEO, SEED, FFHL

Financials:

SCA, MTG, NFI, RDN, PMI, ACF, WM, ABK, CCRT, DSL, CFC, MER, FIG, FMD, RBS

Food & Beverage:

KKD, NTRI, SPTN, SDA, COT, PFCB

Retail:

ODP, GES, OMX, LUX, CWTR, ANN, BID, TBL, DDS, HD, JWN, SPLS, CROX, BONT

Energy:

DPTR, PEIX, IOC, PLLL, TSO, STP, HOC, BRN, CSUN, WNR, GHM, ALJ, TSL, LDK

Medical:

BIIB, NBIX, ELN, PDLI, SHPGY, AMAG, ACAD, IFLO, ISRG, BSX

Semi’s:

ONNN, ATE, SPIL, SPRD, TER, AMD, NVDA, UTEK, SIMO, OVTI, ANAD, ISIL

Internet:

BIDZ, ELOY, BCSI, SINA, NCTY, REDF, OSTK

Metals:

PAAS, HAYN, ROCK, RIO, PKX, SWC, PCU, X, RTP, GGB, AUY, BVN, FCX

Networkers:

NWK, CIEN, CCBL, SVVS, RVBD, CLWR, LLNW, GNET, INFN, HLIT, GIGM

Trannies:

FREE, EXM, TBSI, DRYS, DSX, ACLI, TRN

Hardware:

AUO, VMW, LPL, RACK, HYC, SYNA, TASR, IVAC, EMC

Wireless:

NIHD, CELL, CNTF, CHL, TSU, AMT

Homies:

PHHM, CALC, BZH, BECN, BHS, MTH

Industrials:

FLR, EXH, CCC

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Too Busy to Lose Money

Because LEH reported better-than-expected numbers, with little write downs, I’m encouraged to sell it short.

In my opinion, there is no fucking way those ‘tards got the credit crisis right. They get everything wrong.

As you can see, my new sector spotlight (see charts on front page) is “bear market,” which entails a variety of inverse ETF’s. Learn from that shit, hatfucker.

Apparently, it looks like the mentally ill trading robots on the NYSE will push the market green. Look for bounces in anything but financials.

However, I have zero interest, whatsoever, to buy stock here.

Instead, I will sit here, throwing candy canes at the pancaked faces on CNBC, while guzzling large quantities of Monster Energy Soda, barbarian style.

With my money, I want to add to SKF and FXP.

On the long side, I like the action in HANS and MVIS.

In short, “The Fly” doesn’t have fucking time to lose money. He’s too busy with Godly affairs, such as: “How to hit your trader/servant with a marble statue from 50 ft away” or “Where to hide your illegal workers, when the authorities come looking.”

Developing…

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Late Night Fact

Early this evening, my wife and I took our 3 year old son to get a haircut.  They charged my wife $10.

Three weeks ago, I took my son to the same place, for a cut; the bastards charged me $15.

Odd, no?

I think not.

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The Pixies: Debaser

[youtube:http://www.youtube.com/watch?v=8IB_sf647O8&feature=PlayList&p=8AF18B710B3DB739&index=5 450 300]

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NYSE Robots are Mentally Ill

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.

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Fly Buy: SKF

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.

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Fly Buy: RIG

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.

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Setting Up for a Drop

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.

Odd, no?

My year is over.

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Fly Buy: FXP

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.

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