“The Fly’s” Top 10 Holdings
February 28, 2008 – 10:44 am
I’ve been all over the place with my commentary, as of late. Often times, I react very emotionally with words to market sentiment. However, I am much more narrow minded in my position bias.
Here is a current look at my top 10 holdings:
1. [[REW]]
2. [[SMN]]
3. [[SKF]]
4. [[SRS]]
5. Short [[LEH]]
6. [[RIMM]]
7. [[FXP]]
8. [[AAPL]]
9. [[GD]]
10. Cash
How is RIMM going to avoid slowdown? Or is it just the name that gets fed first with good news on the sector?
February 28th, 2008 at 10:54 amSell short TSCM!
How out of touch with the working man is Cramer? Geez.
“Is apple back? i see some things i like: $600 government checks is ideal I-pod territory. People are going to abandon Sprint in droves and i like I-phone’s prospects. Plus, this one has really been killed. Really good sign here.”
February 28th, 2008 at 10:55 amDan:
It’s just one of those name that I’ve owned for a long time, with a cost basis as low as $18. I’ve tried to hedge it before and got my head blown off.
I’ll just stick with it, for better or for worse.
February 28th, 2008 at 10:56 amFly any thoughts on HANS earning today? I rode it up and got out yesterday, seems priced about right. That will prob mean sell off especially in this market?
February 28th, 2008 at 11:04 amdon’t like hans here. hedge with puts.
February 28th, 2008 at 11:07 am“Often times, I react very emotionally with words to market sentiment.”
Is the FLY PMSing ?
February 28th, 2008 at 11:14 amFly,
Are you both short and long on all these positions? Just wondering. *smirk*
AAPL is dead. It was a one hit wonder (iPod & iTunes business model). They are planning for the iPhony to be the revenue backbone in the upcoming years. Not going to happen. The smartphone market is crowded by companies that are more nimble to consumers. It takes AAPL 6 months for SDK and where the hell is 3G? Only took Sony 4 months to come out with phone that works better. The AT&T, Virgin, T-Mobile suck fest is not working. Plus, competitors this time learned from the mistakes of iPod competitors.
Cash - automatic losing position. Dollar going down plus inflation = balls in a vise.
February 28th, 2008 at 11:19 amAlias:BPOE
CAP;
The FLY can’t bear being a BEAR! It’s like Shack O’Neal trying to be a horse jockey.
February 28th, 2008 at 11:26 amConvert cash into silver or gold bars.
Or chocolate (cocoa + sugar?) bars via DBA.
February 28th, 2008 at 11:36 amPleaseKillMe,
Like Google and Blackberry, iPod and iPhone should be in the dictionary, considering you hear these words daily. Every emo fag in the world has an Apple product, so don’t F with it.
February 28th, 2008 at 11:40 amDBB is for rookies.
Go with DJP.
February 28th, 2008 at 11:42 amDBA, pardon me.
DBB is Copper, Alum, zinc.
February 28th, 2008 at 11:42 amDamn I love today’s action.
DOW and S&P both failed at 50 day. VIX back on the rise. Fucking gorgeous. I don’t know why I doubt myself.
12K, here we come.
February 28th, 2008 at 11:48 amAll ETF’s are “for rookies.”
But you’ve indicated a prior affinity for “training wheels,” so…
February 28th, 2008 at 11:48 amBTW — DJP is Barclay’s Bank.
Not sure how you play a sugar and cocoa commodity deal out of that… maybe through the financing of select Jamaican cain fields or something?
February 28th, 2008 at 11:50 amWood, you need to take up my motto:
Often wrong, but never in doubt.
February 28th, 2008 at 11:52 amyeah I agree with the statement cash=balls in a vice…
February 28th, 2008 at 11:52 amI hope the cash isn’t in US dollars…
SLV or swiss franc is a good substitte, but with all your short activity I think you’re fine to put it in something. Then if you need to load it up, you can liquidate.
SLV or UDN for inflation.
I’d say with all those short positions you don’t really need to be in cash since you’re hedged…
Mike:
What if my positions trade against me?
Are you that naive to believe it’s prudent to be 100% invested, at all times?
February 28th, 2008 at 11:57 amWe get a pullback to the uptrend line and the bears are proclaiming victory. lol.
February 28th, 2008 at 11:59 amGeez Jake:
Must I teach you everything?
DJP is a diverse basket of commodities, which includes: crude, copper,natty, soy, aluminum, gold, corn, wheat, cattle, gasoline, hogs, heating oil, nickel, soybean oil, sugar, cotton, coffee and silver.
February 28th, 2008 at 11:59 amWood, are you back to being able to watch during the work day?
February 28th, 2008 at 12:02 pmJUst some easy listening music on the speakers.. the kind of mood I’m in after the Fidelity fucks lit me up today. Don’t know how to embed like all you code fuckers here but here’s a lingk. Get some Godsmack.
http://www.youtube.com/watch?v=c-xBVfYks0g
February 28th, 2008 at 12:03 pmwow- still using Yahoo to catch a glimpse and ARCA to get real time quotes.
Have not placed any trades during market hours for over a month, except for one day when I was home from work.
Steve, find me an example of the indexes overtaking the 50 day average on the first test after a) a drop of over 10% from the highs and b) when the 50 day has crossed under the 200 day. I can save you some leg work and tell you the odds are in the bear’s favor here. Still, if you would like to do some research and let me know what you find out, I’d be glad to know, especially if it differs from mine. Typically, the first test never holds.
February 28th, 2008 at 12:09 pmI’m giving myself an Asshat Of The Week award.
February 28th, 2008 at 12:16 pmFuck you Charlie.
February 28th, 2008 at 12:18 pmI’m a bigger Asshat than you.
DJP is a diverse basket of commodities, which includes: crude, copper,natty, soy, aluminum, gold, corn, wheat, cattle, gasoline, hogs, heating oil, nickel, soybean oil, sugar, cotton, coffee and silver.
Translation: “For sackless bags only.”
Long IPSU, SLV, SLW.
February 28th, 2008 at 12:21 pmDeck is doing the numbers at close. Who knows who the fuck is going to squeeze the 20% short on the float if they have a one penny beat. The crm experience does not presage pleasantness. Besides, the douchebags seem ready to rally this pig into the close. Covering 80% of that position into the close.
February 28th, 2008 at 12:23 pmI’m their annoying love child, cutting my teeth on Nickleodeon’s “Badger the Bear” kid’s program (featuring Hanna Barbera Montana) whilst preparing to annoy bears on CNBC, circa 2022.
February 28th, 2008 at 12:25 pmCalvin, you notice anything unusual on the CRM chart?
February 28th, 2008 at 12:26 pmI notice two outsized gaps on the monthly that want to be filled back at 50.
update.. saw 600 lots offered at 62.. somebody is getting the fuck out while the getting is good.
February 28th, 2008 at 12:31 pmI think 62 is the new “58″
February 28th, 2008 at 12:59 pm