Market Summary – Bear Shit Kicking and I have 20 friends on Facebook
I am way too busy being sick, finding stocks for Wallstrip , and making new friends on Facebook. Be my friend….please!
Broken record but shorts were crushed. Another broken record is how nobody does opening and better closing market commentary than my friend THE FLY, so here he is. Screw the link to the prick. He owes me like 50:
Holy shit, the bears got rushed today, thanks in large part to the beige book data. As you know, first thing this morning, “The Fly” bought the beaten down treasuries, via TLT, which finally started going up. Rates are too high.
All day, I have been hanging up on my bear fucking friends, telling them to “go fuck a jungle goat,” then slam.
Just yesterday, I caught a minor case of the “pussies,” worried about where my long positions were heading. I even sold some stock to boot.
However, today’s “fuck you shorts, you’re dead” rally has reinvigorated “The Fly,” which will result in many video’s showing so called short sellers– being eaten by sharks.
Basically, all my positions, with the exception of CORS, went up nicely, especially GILD, RIMM, BBY, LNN, HANS, CLX, ADBE, FMCN, AEO, JCG, BBND and EQIX.
I know many of you beartards like repeating yourselves, discussing how fucked up the economy is and how over priced equities are. To them, I say: “fuck you econo-slave– you’re wrong.”
Talk all you want about the pending doom us longs face. Last time I checked, my refrigerator was stacked, my oatmeal bowl is full and my pay check comes with a special note, which says: “You bank coin.”
NOTE: Today, “The Fly” was up 1.2%, putting ytd gains at 37.4% or more than you.
Here is a reminder why I like him even though we share few of the same stock ideas (yet we are both long and bullish). He is honest, funny, on point, has something to say and precise. If you can’t make money from his blog, you are a putz.
Posted on June 13th, 2007 | Category: General | Comments Off
