Tuesday, August 14, 2007

 

Sector Spotlight: Energy

Aside from wishing for swift destruction of LAZ's share price, "The Fly" is focused, like an internet laser beam, on the tropical activity in the Atlantic.

As fucked up as it seems, a 'Cane of Death' is exactly the type of distraction the market needs, you know, to get the gambling hand shaking again. Again, here is my speculative watch list.

From what I understand, a hurricane hunter will be flying into the depression, within a few hours. Should the data suggest Florida is fucked, I'll be buying natty stocks with two hands.

As for today's trading:

It's gay, why bother? Lots of downward pressure, particularly in the financials. Don't be a hero and step in now. As you know, hero's get shot first.

It's worth noting strength in biotech and steel, but not much. In my opinion, the quick money is to be made on the downside, via SRS, QID or short LAZ (or a financial of your choosing). Should that tropical depression "get its swirl on," look for the market to rally.

Bunch of sick fuckers in this market place.

UPDATE: TD4 has been upgraded to Tropical Storm Dean.

NOTE: Please take the new "Fly Survey." Are you bullish or bearish on the market?

Hat tip: Wunderground

Comments:
lets have a show of hands from all the people who are makings a load of money owning gold here?
 
Hey Fly, how's that queer violin fetish going?
 
You tell me, you're the violin man.
 
Lol..Fly you effectively put the smack down on EMC yesterday evening. I hear that Danny and cheesfries are making a special trip to NYC to show their appreciation.
 
It's kind of sick to prance about with glee in anticipation of a "cane of death" hurricane, isn't it?
 
http://www.youtube.com/watch?v=pPirYDvwM30

heres the song for this market
 
Baby-

Yes. That's what I told these market place folk.

Fucked up.
 
BTW:

If you were referring to me "prancing around," I'll have you know, I have never done such a thing.
 
Fly, you like BEXP? I'm getting ready to nibble.
 
Wood--

I'm afraid you misunderstood.

Upon confirmation of Dean going postal, I will buy a basket of natty stocks.

Buying without knowledge is gambling.

Jog on.
 
Shed,
VMW trading up +78% (20Bil marketcap), I guess thats pretty good for an IPO that is 90% owned by EMC.

Whether they add the value today or tomorrow it makes little difference.
 
Nah, buying without an exit plan is gambling. But I see your point.

BEXP looks to be coming out of oversold conditions. Might get a squeeze, coupled with a cane. I want to be early on that.
 
Cheesefries: WHOA boy.

Just bustin balls.
 
anyone watching the sentinel mgmt piece on cnbc? halting redemptions due to panic?! wtf?
 
fly did you look in to ALGN? and when do you expect next contract announcement from MVIS?
thanks.
 
Yeah...and a firm in Canada is unable to roll over commercial paper and lenders are balking at extending longer term funding.
 
Fly, your video is not working for me. Might be for others, but nothing here.
 
Go to the hat tip link.

I suggest downloading Firefox browser.
 
This comment has been removed by the author.
 
I saw that shit Crude.

Fuck that, Dean's going to your house in Texas.
 
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