Thursday, October 18, 2007
Sector Spotlight: General Market
No need to panic. This shit is normal, ahead of a big Fed meeting. Should Bernanke cut rates again, he gets a two-fer. Not only will he get to cut rates, he'll get to cut the balls off the shorts too.
Isn't that nice?
Anyway, thus far my plans of richness, via VMI explosion to the upside, have been delayed. No worries, "The Fly" stepped in and bought more.
Also, for the first time ever, I sold a piece of my FXI position. I made about 130 fucking points on the stock, how much did you make?
With my money, I might buy more BWLD. After all, the Indians are one game away from going to the World Series. Meaning: people in Ohio (25% of BWLD's restuarants are in Ohio) are eating chicken wings at an alarming rate.
Finally, if you believe retail can deliver this Christmas, JCG is on fucking sale, under $41. The stock has bounced, numerous times, from these lowly levels.
my kinda trade
Boomer, that's a huge position for an earnings play, especially given GOOG's history of ridiculous expectations. You know something I don't?
And still refuse to buy SWC when every reasons tell you it's going up and it does?
i think BIDU will move up more than GOOG & maybe only the same down , so its a gamble for sure but I'm willing to take the downside hit
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