Lotto Time

If “The Fly” has taught you anything, aside from “getting your share” or “milking the farmer,” it is to “play Chinese lotto.”

Playing Chinese lotto is far more profitable than American lotto.

Unfortunately, as you know, I tried my hand at the Chinese lotto game and lost badly, via XFML.

However, that does not mean you will not “win.”

Today’s Chinese lotto winners are:

CHNR, CPSL, CBAK, KUN, ORS, CLWT, EFUT, CNTF, PWRD, NINE, JRJC, TBV, GSI, FFHL, XFML, JADE, CDS, XING, ADY and QXM.

Thank you for playing!

[youtube:http://www.youtube.com/watch?v=PTrNjngQoi8 450 300]

MBI is entirely screwed.

This is a nice rally, but I get the sense the credit crisis is about to accelerate.

Right now, MBI, ABK and ETFC appear to be racing to zero, albeit ETFC is in the lead; but MBI is catching up fast.

If you happen to be long any financial stock, it might be a good idea to swap it for tech or ag.

As you know, “The Fly” placed a large bet on VMI. Thus far, it’s working, up almost 4 bucks.

MVIS has to work here. The whole “MVIS to the moon dream” of mine cannot end with a whimper. Once again, my “sources” tell me they (MVIS) will “blow the fucking doors off of CES.”

As always, we’ll see.

Finally, with any available funds, I intend to buy MVIS, VMI, HANS, FMCN and CLX.

In short, this rally is very suspect. Don’t get suckered into semi’s or financials, yet.

RIMM is oversold, by the way.

According to recent ADP stats (we added 189,000 jobs), the job market is on-fucking-fire.

So, not only is the economy humming along, we get rate cuts to boot.

Sounds like a perfect recipe to break a few bear noses.

Which brings me to my next point: Why did Jeremy (iBankCoin’s webmaster) put up an incomplete page for Woodshedder? Is he (Jeremy) back on the crack pipe?

As you know, we are changing the themes of the fucking blogs. Orange was supposed to be the dominant color, yet Jeremy “pearl harbored” me and went with blue. Unacceptable.

We’re off to a bad start already.

Aside from that, life appears to be somewhat ok, with the futures pointing higher and Rick “the hillbilly” Santelli still without straight teeth.

Developing…

Goldman Sachs should go to jail.

Every single employee to the man.

NOTE: You assholes really should go over to Woodshedder and take notice of his recent work, especially if you’re a bearshitter (he’s one of you).

[youtube:http://www.youtube.com/watch?v=zykTpmCIekU 450 300]

This is a ridiculously tough tape.

It’s a tale of two cities, in almost every sector.

Look at retail. One one hand, AZO, JCG, JWN and FOSL look good, while PVH, EBHI, JAKK, GES and CWTR shit the shower.

In summary, it’s a stock pickers market.

Looking at some of my positions, I am tempted to add more RIMM, MVIS, CLX, VMI and FXP (just in case).

In my opinion, GRMN can’t be doing well, while RIMM suffers. Something is wrong.

Either GRMN is too rich or RIMM is too cheap.

I choose the latter.

Finally, my “shotgun to the head pick,” VMI, did well in today’s tape, partly thanks to strength in agriculture related names. With fresh cash, I would buy it, all day, under $85.

Yet again, I missed out on this sector.

It is melting up to the sun, pun intended.

As you know, the “go to stock” in the solar sector, today, is SOLF. The name of the company is “Solarfun.”

Prior to buying the stock, understand, the founder must be mentally ill, naming his company “Solarfun” & shit.

Here is a small list of solar stocks with mojo:

SOLF, ASTI, ASTIZ, HOKU, CSIQ, CSUN, AKNS, TSL and LDK.

Minor mojo:

ESLR.

What has a bank done for you lately?

We should all take our money out of those shit holes, and put the money into safety deposit boxes.

The bankers, they’re assholes. I have lots of “friends” in the mortgage business and they’re loan monkeys. In the past, they’d give loans to just about anyone.

Now, all of a sudden, the banks have truck loads of “non-cash write offs.”

Thus far, today’s finance losers include: NFI, RDN, PNSN, DSL, PCAP, WM, FED, MS, BSC, CCRT and BCS.

The winners include: BBX, MXB, FCSX, CORS, IVZ and ACGL.

Despite having open losing trades on ACF, I would avoid the sector, until another “good shoe drops.”

Typically, upon good news, the sector runs for several days. The trend is definitely down. So, trying to time the bottom can be cumbersome.

Just take them off the screen— and wait for some news to get back in.

As you know, “The Fly” was very busy in meetings, this morning. During these meetings, due to extreme boredom, I was day dreaming about bling, rims and VMI.

Now, I’m aware of the remote possibility that my “calculator brain” could malfunction, effectively gettingthe VMI trade/investment wrong. But, I doubt it.

See, while Woodfucker is busy in his honey hole, “The Fly” is in a fox hole, poking people with his bayonet, searching for money making trades.

It’s December. There is no more time to fuck around.

In the early going of 2007, I was hitting homerun after homerun, then grandslams. However, unfortunately, over the past 6 months, I have given back most of my gains and now stand +9% for the year.

In other words, I need to get this last big trade right. VMI is my largest position. It will work because I say it will.

Developing…