“The Fly’s” Top 10 Holdings
April 15, 2008 – 12:52 pm
BEHOLD:
1. [[SMN]]
2. [[SRS]]
3. [[FXP]]
4. [[DGP]]
5. [[SKF]]
6. short [[LEH]]
7. [[REW]]
8. short [[WM]]
9. short [[MS]]
10. [[RIG]]
22 Responses to ““The Fly’s” Top 10 Holdings”
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Egregious indeed.
11. 1 Blue Radio to listen to the end
April 15th, 2008 at 12:57 pmPossible ads:
GLD, SLV, SLW, GG (big).
RGLD (small).
April 15th, 2008 at 1:08 pmSo your short?
April 15th, 2008 at 1:20 pmcovered against all sorts of doomsday scenario…
electromagnetic pulse, circutry bomb or magnetic polar shift could wipe out technology, REW’s got you covered.
Hyperinflation could make RIG and DGP shoot up.
rapid deflation could crash down the ags, SMN good there
population reduction will wipe out the real estate. SRS good play. And even if not, you have baby boomers dieing and moving to homes, and not enough population growth. Also will wipe out the banks thaat are stuck with all of the baby boomers mortgages.
Of course if all the brokerage houses get in trouble and decide to take your money on top of a monetary meltdown, your shares will be no good, so you need some physical gold, silver, and maybe a bag of cash and foreign currancy.
You should add a nursing home for all the old people, and funeral stock, I hear people are dying to get involved with funeral companies. You’ll have a little more long exposure that way anyways.
maybe FDP for crops, or CPB for souplines is a good play on people starving and needing food.
Water could be needed.
And although oil will boom as we reach peak oil, the US drilling, and release of the emergency reserves like Clinton did for Gore, but also might go after colorado drilling, alaska drilling, kansas, texas, etc. Oil will probably take a hit sometime this year, and when companies run out of oil to drill for, they lose cashflow like crazy. The ones that survive will win big for awhile, then it’s all gone, and every oil company loses.
Plus dramatic population reduction will wipe people out so there could be less oil demand. Might want to be covered against that possibility, although DCR is in liquidation mode. Short USO on this rally.
And if doomsday doesn’t happen by 2012 like evryone says, you have plenty of time to catch the upside in the market.
Hedge SRS with HXM, because you know those mexicans aren’t worried about a top heavy baby booming population dieing and running out of people that want houses, they multiply like hampsters.
I’m sure there’s other countries that will be good potential investments as money goes out of US… latin america, brazil, and japan, just not quite yet.
April 15th, 2008 at 1:36 pmIts literally time to short DECK now.
April 15th, 2008 at 1:41 pmDude…
Fly = overrated
Also, my silicon valley friends are saying, IBM & Intel are beating estimates; IBM in particular…
April 15th, 2008 at 1:54 pmMike=asshat
April 15th, 2008 at 1:59 pmI wonder if Guy Adami still thinks CROX is cheap? That man is wrong so often he belongs on Mad Money.
April 15th, 2008 at 2:01 pmany opinions on (GTLS) as a buy here? It’s up over $2 today.
April 15th, 2008 at 2:02 pmActually, I think Finerman was into CROX as well.
April 15th, 2008 at 2:03 pmI bought a lil SMN today just so The Fly didn’t feel lonely.
April 15th, 2008 at 2:20 pmYou guys think I’m kidding? We’re going to finish in the green this week…IBM is biggest major component of the DOW, plus its options expiration on Friday.
As far as Citi/Merill they’ll announce $15bb writedown which will be interpreted as a kitchen sink quarter, and they’ll raise capital to instill confidence in each respective institution. Just like UBS…
As far as $113 oil = world demand = china/india = bullish for america.
“If you can’t beat em…join em”
April 15th, 2008 at 2:21 pmI’m going to short nutrisystem…I’m fuckin tired of watching its commercials.
Big Mike:
Where’s that 300 point Monday rally that you promised us last Friday? I must have missed it, along with the memo stating that higher energy costs are good for the consumer.
April 15th, 2008 at 2:28 pmyes,
high oil prices = good for America
low oil prices = good for America
In fact, if it weren’t for the fact that there is an oil price, this country would be doomed.
April 15th, 2008 at 2:29 pmWednesday before options expiry is typically the most volatile day of expiry week…
April 15th, 2008 at 2:34 pmThe Yahoo message boards called…they want Big Mike back.
April 15th, 2008 at 2:47 pmWhy the hell do you have SKF and shorts on LEH, WM, MS? The whole financial industry is connected. They all lend to each other, write default swaps against each other, take out repo lines, etc. It’s like Ford buying cars from Toyota.
If one bank goes down, they all go down. God bless leverage. If Bailout Ben did not save BS, the entire financial sector might have collapsed. Not just ours, but around the world. Just put all your money into SKF and stop trying to be crafty.
April 15th, 2008 at 2:50 pmBig Mike could be right.
I could see us being green this week. There are way too many short positions.
$113 oil is helping Americans in some ways. It’s forcing them to save again. They are also walking more, so hopefully we all won’t be lard asses.
April 15th, 2008 at 2:55 pmgap you must not be a fan of fibbonacci
April 15th, 2008 at 2:57 pmpleasekillme, if you would look at the top components of SKF, you would see that the only stock that the FLY is short that is in the top 10 is MS. and it is the 10th. the demise of LEH, MS, and WM could happen with very little effect on SKF. He predicts doom for those 3, and if he was only in SKF, he wouldn’t bank serious coin when they dropped. he is putting his money into the weak financials, by picking them out as underperformers. shorting them, along with long SKF, is a smart move.
Remember, his IQ is 100 points higher than yours.
April 15th, 2008 at 3:04 pmgunners either gets or gives head to fly
April 15th, 2008 at 3:43 pmwrong again kurt.
the truth is, that I am an employee of the fly. I get paid. i don’t get or give sexual favors, much to the chagrin of your gay desires.
April 15th, 2008 at 3:48 pm