3 I am getting kicked in the nuts on current longs, especially my futures, but that’s okay. I have plenty of cash reserves and have been putting them to use, buying INTC, FB, IOC and a little HSOL.
Being the contrarian that I am, I love to see people all going one way. That’s when value is discovered. Once the selling cessates, many of these stocks will enjoy very sharp rallies. It’s all BS, an excuse to sell off names. This isn’t a crisis.
3 Responses to “LOVE THIS TAPE”
drummerboy
it’s only a crisis to the qe hungry crack whores.the big money,that is.this shit should continue till the dow is back below 10 k,where it belongs.wonderful tape btw.can’t wait to start throwing serious puts on all the tbtf jagoff’s.
Po Pimp
IOC is a flat out scam and should be at 0. That said, they have an incredible promotion machine levitating that stupid stock and there is probably money to be made on a squeeze or two.
Short-term maybe worth a dice roll. Long-term it goes busto.
Berniecornfeld
Have you been read the Fly’s Blog at all?