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:
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:
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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..
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
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
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.
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.
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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.
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