Monday, April 30, 2007
Closing Comments
What, you thought the market was going to advance higher forever?
Already, the "smart people" I know are legging into QID and DOG positions.
Fucking retards.
Today, just about everything got poleaxed, as investors took profits and went to the golf course.
Personally, "The Fly" despises golf and prefers to play tackle football, with no equipment.
Regarding my positions, with the exception of WGAT, they all sucked. I believe WGAT was up because their product will be featured on Fox News tomorrow morning, regarding cool Mother's Day gifts.
As for MVIS, despite a late day buying spree, the stock succumbed to retarded selling pressure. However, I am hearing there is a big buyer out there. Stay tuned for that.
All in all, the market is likely to pause here, with material related stocks feeling the brunt of the selling.
If you are looking to put money to work, I suggest waiting a few days, then leg into your favorite stocks-- in small increments.
In short, "The Fly" is market neutral, with a slight bias to kicking old men down moving escalators. Additionally, I have ample cash reserves, which will be put to work, to buy NTRI, BWLD, HANS, MVIS and DIVX on dips.
Already, the "smart people" I know are legging into QID and DOG positions.
Fucking retards.
Today, just about everything got poleaxed, as investors took profits and went to the golf course.
Personally, "The Fly" despises golf and prefers to play tackle football, with no equipment.
Regarding my positions, with the exception of WGAT, they all sucked. I believe WGAT was up because their product will be featured on Fox News tomorrow morning, regarding cool Mother's Day gifts.
As for MVIS, despite a late day buying spree, the stock succumbed to retarded selling pressure. However, I am hearing there is a big buyer out there. Stay tuned for that.
All in all, the market is likely to pause here, with material related stocks feeling the brunt of the selling.
If you are looking to put money to work, I suggest waiting a few days, then leg into your favorite stocks-- in small increments.
In short, "The Fly" is market neutral, with a slight bias to kicking old men down moving escalators. Additionally, I have ample cash reserves, which will be put to work, to buy NTRI, BWLD, HANS, MVIS and DIVX on dips.
