Monday, August 20, 2007
Closing Comments
Despite what the fucktards are saying on CNBC, today was a major win for the bulls. I mean, what the fuck is Maria and Co. smoking?
Today, despite CFC getting its lips punched off, the market rallied hard off the lows. During the afternoon, it looked like the market was about to "shit the shower," then boing-- big dicked rally.
That tells me, investors are bargain shopping, willing to bid up RIMM, BIDU and many of the momentum names.
This is big.
Also, don't forget about the trannies, up 1.84% on the day. Typically, the direction of the trannies is a leading indicator.
My point: Ignore the drama queen's on CNBC, trying to drum up fears-- in order to keep their queer ratings high.
My approach is simple. Buy the stocks that were sold off unjustly, while remaining aware of the existing risks. Therefore, avoid financials, while loading the hammock ("The Fly" keeps his stocks in a hammock) with tech, infrastructure and select consumer discretionary stocks, like HANS or BWLD.
Bottom line: Big win for the bulls, following a key reversal.
Today, despite CFC getting its lips punched off, the market rallied hard off the lows. During the afternoon, it looked like the market was about to "shit the shower," then boing-- big dicked rally.
That tells me, investors are bargain shopping, willing to bid up RIMM, BIDU and many of the momentum names.
This is big.
Also, don't forget about the trannies, up 1.84% on the day. Typically, the direction of the trannies is a leading indicator.
My point: Ignore the drama queen's on CNBC, trying to drum up fears-- in order to keep their queer ratings high.
My approach is simple. Buy the stocks that were sold off unjustly, while remaining aware of the existing risks. Therefore, avoid financials, while loading the hammock ("The Fly" keeps his stocks in a hammock) with tech, infrastructure and select consumer discretionary stocks, like HANS or BWLD.
Bottom line: Big win for the bulls, following a key reversal.
Comments:
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Volume was pretty low for a meaningful rally. So it didn't really get my attention. But, I didn't drink any Monster today, either.
Another feature worth watching is a tropical wave that is along 58 west, south of 25 north. An area of blossoming convection is along the northern end of the wave between 20 and 25 north. Some computer model information suggests that the northern part of this wave might become an organized tropical system in the southwest Atlantic in a couple of days.
# posted by 
: 7:09 PM
: 7:09 PM
(sorry on the last post)
Broker,
Your shit is off the heezy. Us young bucks enjoy the fuck out of the reading material that you present daily.
Don't abandon your loved ones.
Broker,
Your shit is off the heezy. Us young bucks enjoy the fuck out of the reading material that you present daily.
Don't abandon your loved ones.
right on about today.
I am taking time off about writing on markets. too much shit going on. I am stealing your posts until further notified
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I am taking time off about writing on markets. too much shit going on. I am stealing your posts until further notified
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