Tuesday, November 21, 2006
Seriously, my intra-day screens are showing rampart speculation in penny stocks and fucking Chinese names. People are literally buying stocks because the word "China" is in the company name. If that is not fucktarded, I don't know what is.
Naturally, because micro-caps are exploding, my MVIS did exceptionally well, up 13%. However, I got poleaxed on SNDK-- which really pissed me off today.
All in all, I had a big day, up 1.8% for the day.
As for the general market:
Everything but Biotech and Semiconductors did well, especially Internet and Steel. My best bet is for more green tomorrow.
It always has been like this total greed followed by total fear.
But the fucktard comment is classic indeed.
I have begun to wonder when the downside hits if the hedgie funders have enough money to cover those losses after they eat through the rich folks capital. But the goldsachs ones will have the other side to collect all of that alpha seeking underwater fundies...
Bigger sheep, bigger shears.
Grind away and make some hay!
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