Friday, January 05, 2007
Quick Alert: Chinese Stocks Crashing Through the Floor Boards
As the market bores me to death, I am somewhat amused, in an evil kind of way, by the Chinese stock debacle. Not too amused, since I am long 5,000 CHU-- but amused.
Now, every fucktard with a suit, tie and series 7 is shorting the Chinese sector.
My take:
Too easy.
They are not ready to sink, yet. This 2 day dip has created an ideal buying opportunity for those who have little regard for money-- but place a high premium on river boat gambling.
If I were to get on that fucking boat, which I will not, I'd buy LFC, CHU, ZNH and CBA for a diceroll trade.
However, if I did that, I would first commit myself to the local mental ward with the highest inventory of Monster Energy Soda.
Now, every fucktard with a suit, tie and series 7 is shorting the Chinese sector.
My take:
Too easy.
They are not ready to sink, yet. This 2 day dip has created an ideal buying opportunity for those who have little regard for money-- but place a high premium on river boat gambling.
If I were to get on that fucking boat, which I will not, I'd buy LFC, CHU, ZNH and CBA for a diceroll trade.
However, if I did that, I would first commit myself to the local mental ward with the highest inventory of Monster Energy Soda.
Comments:
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The obvious is that the stock found a bottom because it is rallying in the fuckin face of a bad market.
Time to buy Gold stocks into the close for a bounce. They should be down alot more considering the collapse of the physical. Broker A: Looks like an old favorite? NGAS may have hit a bottom. What do you think?
friggin FXI - what a buy op - fly boy ! ... what ya think about playing the china ETF swingage play here ?
more than a little late to pile onto the short natty train, inventory did not kill it, ie oversold. next move will be off monday's weather update. risk/reward favors the long for the short term player. I'm not long, consider it a waste of effort. but if you are playing today it's a buy.
GPN defenses coming out, if it clears 41.25 we have a runner into the close
GPN defenses coming out, if it clears 41.25 we have a runner into the close
NGAS can't get deported. They work in a meat packing plant where US citizens don't want to work and the Dems and Rep. want the vote.
FXI is a buy? Are you fucking insane? They have sold that that fucker on huge volume for two days. Seems pretty obvious to me the hedgies pumped that puppy going into year end to goose performance and now they are scambling to get out.
However, if you hate money you should buy it.
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However, if you hate money you should buy it.
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