If the bearshitters are unable to mount a raid, with the next hour, they will be flattened out like a sheet of looseleaf paper.
Look around, the signs are everywhere.
Understand, the onus is on them. Yesterday, the bulls cocked back and punched them in the mouth–brass knuckles and all. If the sellers cannot make a statement today, via driving the DOW or Naz lower, you will see a furious short squeeze ensue.
I know these people (bearshitters). They are scared.
As the financials, oils and metals serve as strong underpinnings, it’s hard to imagine the bulls can lose, today. Aside from marginal weakness in retail, those old hatfuckers have nothing to hang their hats on.
Therefore, I believe it makes sense going long some high quality, discounted names, like RIMM, RS, VMI (again), LZ, VMW and LFT.
If I was forced, via shotgun, to choose one, I’d say: “go long LFT.”
Their quiet period is about to end. You know their lead underwriter, Goldman Sachs, will beat the jungle drums of initiation–first chance they can.
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I think we have a couple of days for the bears to respond to yesterday’s rally… but then again, I run a third tier blog.
-DT
Fair warning: I went long VMI today.
Sorry.
i bought goog calls.
For a daytrade, check out OMG as a short if it drops below $51.
-DT
Chop. Chop.
I smell whistling in the dark.
Lighten, lighten.
She’ll be bitin’.
Mr. Soxx has a message for the Fly…
DT – I agree, going to jump in soon if it keeps failing here.
DT – That was me above, somehow I got logged out.
I’m shorting the mortage insurers again. But I can’t get any shares of ABK to short.
I think their squeeze has run its course.
What’s this…Wednesday of option expirations week and not a peep out of Cramer on the latest pins and the “2:30 look”?
can’t get any MTG either.
Drug developer (adapts old compunds to new delivery pathways) XNPT up 7% to new all-time high on no news and only slightly above-average volume.
I have no insight to offer, just the observation.
Broker a: Make XFML go up … by the close.
thankyou
This is a cool day. Playing “Assassin’s Creed” on the 360 and watching The Fly’s picks kick shorts’ dicks in.
Have you guys kicked any bears down open elevator shafts today?
Stairs?
Really good and really interesting post. I expect (and other readers maybe :)) new useful posts from you!
Good luck and successes in blogging!
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