Thursday, April 19, 2007
Closing Comments
Sorry for the delay (not really) in closing comments, I was busy making a living.
Apparently, the giant bowl of oatmeal failed to help out my positions, which were down .77% today. Therefore, I will cease eating that crap, almost immediately.
Today, we (U.S. equity investors) were lucky for being down 0.12% on the S&P, while foreign markets got pummeled. It seems to me, my recent run to the moon is being somewhat delayed. Further, I feel stock market losses will soon afflict "The Fly," unfortunately.
Aside from the Semi's, many of the momentum sectors are being discounted, while the bullshit Biotech and Drug stocks get bid up.
To me, now is a time to reign in the horns and start hedging. Now, that doesn't mean to be a goat fucking bear shitter. It simply means to stop viewing the stock market as a fucking cash register. Because, one day, Mother Market will kick you in the face so hard, you'd wish she kicked you in the nuts.
With my money, I will continue to buy NTRI, into earnings. And, I may initiate a few hedges, such as short SiRF, BRCM or YHOO.
Apparently, the giant bowl of oatmeal failed to help out my positions, which were down .77% today. Therefore, I will cease eating that crap, almost immediately.
Today, we (U.S. equity investors) were lucky for being down 0.12% on the S&P, while foreign markets got pummeled. It seems to me, my recent run to the moon is being somewhat delayed. Further, I feel stock market losses will soon afflict "The Fly," unfortunately.
Aside from the Semi's, many of the momentum sectors are being discounted, while the bullshit Biotech and Drug stocks get bid up.
To me, now is a time to reign in the horns and start hedging. Now, that doesn't mean to be a goat fucking bear shitter. It simply means to stop viewing the stock market as a fucking cash register. Because, one day, Mother Market will kick you in the face so hard, you'd wish she kicked you in the nuts.
With my money, I will continue to buy NTRI, into earnings. And, I may initiate a few hedges, such as short SiRF, BRCM or YHOO.
Comments:
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But don't you think that the SMH breaking out of a 7 month range lends some validity to the market? Because the semis have to at least participate and its important that they lead the market.
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