Something tells me (time machine), 2010 will be a year of indecision. I do not expect the markets to plow higher or collapse. Instead, I expect we will ebb and flow, just like 2004.
The bull case is very enticing, as inventories restock and global growth comes back online. However, in general, people are “negative nancies.” Expect morons with small brains and big balls to sell into news, based upon the musings of useless fuckfaces on CNBC.
“The Fly” sold out of many of his favorite names today, because he loves “the money.” Price targets, for the most part, are inane and represent a persons ego, not practical, actionable events. So, with that in mind, I think Green Mountain Coffee Roasters Inc. [[GMCR]] will touch down on $100 during 2010, but I sold it out, nonetheless.
Why did I sell it out?
Answer: because I can.
I am beholden to no stock, person or organization. It does not bother me to miss out on winners, since I have a special ability to pick winners, almost at will. If you are twisting my logic to suit your own bearish thesis, you are sorely mistaken. This is still a LONG ONLY market. Any proceeds from sales that I execute will be swept into retarded, low interest bearing, money market accounts. God willing, if the markets pulls back from here, I will look to reposition into a variety of tech names, as discussed, here on this fucking blog, no more than 1 week ago.
In short, I am re-balancing and adhering to the laws of the hybrid aka The PPT.
Top pick: Gammon Gold, Inc. [[GRS]] If you enjoy the content at iBankCoin, please follow us on Twitter
RAX: finally profitable with cost basis of $19…
Its been real, but I’m out.
Dont lie you seen the dollar creep higher … this is still a dollar story
Selling America in 2010 is like selling America in 1910.;)
http://www.bit.ly/cjbdsB
indeud.
Bernstein is a lying fool
Nice call collecting your gains in GMCR…
Long FLY
Short RAID
ALL PRO
Well said Sir Fly.
I have been basing my 2010 investing based on 2004 since December. So far it has been almost spot on.
Really, if you look at March 2003 to Feb 2004 and compare it to March 2009 – Now, you are looking at really similar market action. Will it continue? Not sure but i tend to think it will.
The question is, though, is this still a long only market?
“Any proceeds from sales that I execute will be swept into retarded, low interest bearing, money market accounts.”
Egregious but so true ……..
All Hail the PPT!
FLY, you have to buy this with your proceeds! Romanian King’s castle is for sale. Look at the poster tacked to the tree too. LOL.
http://www.businessinsider.com/house-porn-of-the-day-romanian-kings-castle-up-for-sale-2010-2#a-lovely-1800s-exterior-1
One of my three trend following tools flashed a buy signal to enter tomorrow morning.
However, the other two have not!
Also, this same tool, which usually gets me long the market the earliest, cost me a good chunk of coin last February.
In addition, the PPT is over bought and so are Stochastics.
For the above reasons, I will be waiting for a decent pull back before going long. As such, I am still 100% cash.
Swishy, swishy, swashy, swishy.
Indeud!!!
New seasonality report on PPT. Check it out.
So sorry to the leeches for teasing. I just wanted to alert some of the gentlemen who frequent ibC.
Fly I must say I’m surprised about your switching gears…..good thing your time machine has brakes. Funny…..today I had this incredible bull feeling wave come over me. Something tells me Capitalism is gonna win…AGAIN. I listen to these CEO’s talk….. and they could give shit about Greece…and China and PIIGS and BRIC,Deficits…….all they want to do is move product and and increase market share and value. Fuck , I’m sick of worrying about how the Car works just let me turn the key on and go!
Dude your a winner because you out-work everybody. Long Term we’re all dead.
good marketing
http://www.m2film.dk/fleggaard/trailer2.swf
See you later fellas. I am off to happy hour land. I left you with some Brazilian asses to go over. Take it easy…
http://bit.ly/bLmBRn
Psssssst. Try this stock. NXHT.OB
Pssssst. shut your mouth midget.
I will IOC you in the face
regards
chuck