Thursday, November 08, 2007

 

Race to Zero

Days like today make my decision to manage money for a living, all the more meaningful. I could be busy with patients or telling a judge to go fuck his dog; instead, I'm here doing this shit.

Let's have it out:

VMW back to $50, today-- fuckfaces.

GOOG, BIDU, GS and ISRG going down $50--today.

BWLD, HANS, RIMM, AAPL, TBSI, DEG, CROX, WM, C, NVDA, ORCL, MLNX, KNXA, NTRI, AMKR, ZUMZ, HURC and everything else-- to zero--today.

Life is mostly about choices and stupid people. When the two are combined, one ends up owning stocks.

MORE GOOD NEWS:

DB Deutsche Bank CEO: "Worst banks crisis" and does not expect any further writedowns for his own bank - Reuters (123.00 +1.77) -Update-

Reuters reports the turmoil gripping global credit markets is the worst crisis in the bank CEO's Josef Ackermann's 30-year career, but he does not expect it to cause any further writedowns for his own bank. "(This) is psychologically the worst crisis that I have seen in my 30 years," he added, speaking to journalists at the Reuters Finance Summit.

Comments:
FLY...bears pressing common to roll contracts forward...pole ax indeed,the tail wagging the dog today...added pressure will ease...dig in and buy the panic.
 
I would start looking at weekly charts. Major damage on most of them. I would be playing bounces. Crox just bounced on a upgrade rumor, etc. Need to use 1 min and 5 min intraday. 20,50,100, 200,500 sma map targets.
 
Money Stream is hideous on most index charts, so I would say this is the beginning, not the end of this market downturn..
 
http://static.seekingalpha.com/uploads/2007/11/8/dow_4.jpg
 
But DIVX is up today. Long live DIVX !!
 
I'm switching over to porn sites until Monday at 10 am east.
 
Are we having fun, yet?
 
sierra, I agree.
 
Bottom?
 
Does anybody follow COH-- that fucker has got to be getting cheap. No
 
What bottom? We're in free-fall mode right now.
 
Its over. Even Bernanke has thrown in the towel. Apparently his helicopter is getting expensive to refuel with $100 oil. Thats it I'm off to get a JW Blue Label on the rocks and play Russian Roulette.
 
BA

When I see 75k shares on the bid for MVIS, should I assume that this is a short seller taking profits or someone seeing this as a buying opportunity? Or rather than pondering such lame things should I just put on a blindfold, bend over and learn to love the feeling of getting my ass torn apart. A sick part of me kind of enjoys seeing the blood coming out my ass. Maybe I'm gay.

Developing... massive hemmorhoids
 
RLL
 
strange, I was intersted to see if they made any progress. no results that I can find.

MathStar, Inc. (Nasdaq: MATH), a fabless semiconductor company specializing in high-performance programmable logic, has scheduled its third quarter 2007 financial results conference call for Wednesday, Nov. 7, 2007 at 1:30 p.m. Pacific time. MathStar will release its third quarter results at approximately 1:00 p.m. Pacific time that same day.
 
COH will get cheaper.

Not enough set aside for net charge offs on credit card portfolio, and delinquencies are on the rise.

There will be a time to buy it, but not now IMO.
 
Yo calculator brain, I bet you are up 150% YTD. You da man! lol
 
Thanks Stock-
 
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