Tuesday, August 14, 2007

 

Fly Buy: FMCN

I bought 5,000 FMCN @ $37.95.

Disclaimer: If you buy FMCN because of this post, Bush will fire Bernanke and reappoint Greenspan. And, you may lose money.

Comments:
playing catch with a falling knife can be dangerous.
 
That's what I do.
 
Fly, I am about to lose a bet with the Dow going to 13k. Tell a funny fucking story, the Outback Steakhouse was good, the contractor one was good as well.
 
If you practice hard, one can almost catch these knives, reverse them and shoot them back up at the force that is dropping them. So, what you do is grab the butter knives first, butter your toast then re-drop those because those are ok to fall they are not as sharp and easier to catch, plus those below you asked to pass the butter, right ?
 
Spoonie-- sounds compliacted, I just use spoons to spread the butter.
 
Yep, and that's why its another losing day.
 
Fly,

Are you still shorting financials and long energy and metals?

Seems like the hedgies are force feeding sell orders to their traders to sell anything that has a profit to offset margin calls from fixed income blowup.

Now I know why I hate bonds.
 
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DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.