Thursday, January 10, 2019

Equities: The Fly Is Now Out, This Is Like That Song Shakespeare Wrote

Following up on Tuesday's "Equities: The Fly Has Gone All In".

From The Fly at iBankCoin: 
11:44am EST
Back in Cash, Waiting for Resolution
I sold 13 stocks and made money on just about all of them, with UXIN and JD being my biggest winners. Most were small gains, one as small as +0.2%. Often times people stop themselves from booking small gains, believing they’re too small to book, and then later end up taking small losses. Ever notice how fucking stupid that is?
Book the small gains and the large.

I am now 65% cash, waiting once again in the tall grass. Trades will be executed and communicated in real time, inside the hallowed halls of Exodus. I want confirmation of a break lower before shorting. Truth is, I am just as likely to buy stock than to short them. The reasoning for my sales was to HARVEST MY CROPS, regroup, take another look at the market, in order to effectively allocate....MORE
Earlier today (10:58am EST): "A Good Day to Harvest Your Crops"

There seems to be an agricultural theme to his recent posts with the above and Tuesday morning's:
We Haven't Checked In With The Fly During The Three-day Rally, Let's See What He's Up To, Shall We?
From the Fly at iBank Coin, January 7
...I am taking a well deserved victory lap around your house — throwing eggs at your windows....
Ah, that would explain the motion detectors going off.
We'll get back to him after the close. 
Regarding the in-then-out, the song in the headline was last seen in "Aaarrrggghhh: I Can't Get Matthew Klein's Song Out Of My Head" using Matthew's pastiche of Jingle Bells à la Klein as the intro:
...Via Carnegie Mellon University:
O proud left foot, that ventures quick within
Then soon upon a backward journey lithe.
Anon, once more the gesture, then begin:
Command sinistral pedestal to writhe.
Commence thou then the fervid Hokey-Poke,
A mad gyration, hips in wanton swirl.
To spin! A wilde release from Heavens yoke.
Blessed dervish! Surely canst go, girl.
The Hoke, the poke -- banish now thy doubt
Verily, I say, 'tis what it's all about.
-- by William Shakespeare
(or possibly Jeff Brechlin, Potomac Falls, via his wife, the world's sexiest former librarian).
The inventor of the hokey-pokey died. That's going to be one long burial ceremony.
-- Stephen Colbert
The Hokey Pokey 
You put your right hand in,
You put your right hand out,
You put your right hand in,
And you shake it all about,
You do the hokey pokey
and you turn yourself around
That what it's all about.
2) left hand
3) right foot
4) left foot
5) head
6) butt
7) whole self