Wednesday, November 08, 2006
Quick Alert: Bears Found Their Balls
... just in case you were wondering.
Also, I am noticing steady declines in the Techies.
In the words of the Great Cramer:
"If I were at my hedge fund, I'd be shorting the SOX until there was no more stock to borrow."
Oh yeah, almost forgot, I am.
UPDATE: Rummy is stepping down, in order to fuck something up in the private sector. I anticipate many changes in our Gov't. Traditionally, the market does not react very well to change. However, this change is a good one and may encourage a few dip buyers to go long-er.
Also, I am noticing steady declines in the Techies.
In the words of the Great Cramer:
"If I were at my hedge fund, I'd be shorting the SOX until there was no more stock to borrow."
Oh yeah, almost forgot, I am.
UPDATE: Rummy is stepping down, in order to fuck something up in the private sector. I anticipate many changes in our Gov't. Traditionally, the market does not react very well to change. However, this change is a good one and may encourage a few dip buyers to go long-er.
Comments:
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Rumsfield resigns. The bears just handed the bulls their balls. Time to buy everything in sight.
# posted by 
: 1:04 PM
: 1:04 PM 
i'm having a lot more fun with my short posns today than long. homebuilders getting massively spanked; I think folks are starting to recognize the bottom was a mirage.
# posted by : 1:18 PM
: 1:18 PM
I figured it out - Rumsfeld is going to head up the National Association of Realtors - I can hear him now: "The worst is over, and it's all up from here" He's qualified...
Funds are dispositioning in advance...;)
Funds are dispositioning in advance...;)
# posted by : 1:22 PM
: 1:22 PM
How many mirages has Cramer bought into in his career? We all have...
I buckled on SIRF - another small loss. If it caves and you make money on it again like ATHR, I'll just declare myself uneducable. Patience my ass.
I buckled on SIRF - another small loss. If it caves and you make money on it again like ATHR, I'll just declare myself uneducable. Patience my ass.
# posted by : 1:29 PM
: 1:29 PM
Why did you short SIRF Jerome? Did you strictly base it on the Fly call. If so, you deserve to lose money fool.
# posted by : 1:45 PM
: 1:45 PM
True, indeed. Perhaps, he did not read my disclaimer.
However, SiRf will eventually die a very ugly death.
However, SiRf will eventually die a very ugly death.
No, i'm not entirely slavish. Probably too impatient. I shorted SIRF on competitor's single-chip sol'n, GRMN results, and overvaluation. But I've lost enough times by being determined in the face of the market that I'm not willing to hold losing positions for long.
# posted by : 1:54 PM
: 1:54 PM
SIRF is the company of the future. I am long here and the PE will be four digits before you know what hit you. Your short will get whipsawed and you will face severe account balance annihilation.
# posted by : 2:05 PM
: 2:05 PM
is that a disclaimer?
At any rate, I'll bet I can reenter a short at 30 or 32...;)
At any rate, I'll bet I can reenter a short at 30 or 32...;)
# posted by : 2:06 PM
: 2:06 PM
SiRF will do fine, providing the NAZZ keeps going.
However, when it pulls back, it will get poleaxed.
Good luck.
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However, when it pulls back, it will get poleaxed.
Good luck.
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