Quick update, pertaining to yesterday’s moves.
My allocation is now 15% [[TLT]] , 8% [[VXX]] , 30% cash and 47% equities. Effectively, I am now positioned to be slightly less boring than before. Over the next several trading sessions, I will be reducing my cash and [[TLT]] position, in order to mark way for egregious equity holdings. I have many ideas in mind, most of which shall be played out here—live—on the fucking internets.
Generally speaking, I feel, as always, you are a low form of human life, most comparable to offal or “yard trash.”
Just in case you are wondering why I sold 50% of my [[TLT]] position yesterday, as opposed to 100%, please check current quotes for your fucking answer.
Off to go reallocate.
Top pick: The AES Corporation [[AES]]
UPDATE: I sold out of my [[TLT]] position, at a profit plus 2 months worth of dividends, in the $90.30’s.
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Looking like a full with your cash on the ground
u are lookin like a fool typing like that.
I smell a selloff
Playing ZAGG of AAPL results.
http://ibankcoin.com/henry_fool/2010/04/21/fool-buys-10000-zagg-304/
Is one of those “equities” going to be FXP. You seemed to like it the other day, and it’s now up nicely as well.
Reduced your TLT did ya? Had to get away from that coyote ugly bitch, eh?
Price of the 30y has pulled ahead of the 10y on the futures. Best put them beer goggles back on. We are on the road to an inverted yield curve.
That obviously bodes ill for equities. But what about the wall of liquidity? Why isn’t a walk-the-razor’s-edge scenario, which is what the US needs, not equally probable. I don’t have clear answers, so I’m just asking. But a fully-inverted curve for an extended period? That’s Hendry’s deflation scenario all right (and Rosenberg, and others). What’s the catalyst? CRE? ARM resets? I
Bought TLP at $29.35.
whaty the fuck is wrong with FSYS —-thing is a fucking turd???
I’m going to wait for the dip. I don’t care if the dip doesn’t come for another 75 S&P points. I’d rather enter in a better R/R situation.
I will, however, be angry most likely as i watch this go up relentlessly for the next several weeks.
Another brick in the wall!
Basically i reckon that S&P will have a dip when it hits 1300 in summer time. Then it will be a good play to get in. I reckon till then therell be a rise and im trying to get into healthcare stocks. Any advice?
I definately want to get into FSYS soon enough, over 70%shortsqueeze right there, immense.. 🙂
Her comes another TIVO run!!!!!!!!
Will it BTFO???????
ZAGG
2nd attempt at $3 BTFO CHANCE
Just a theory from me but AAPL is about 16% of Nasdaq and AAPL is roughly 6% up today and at a 52 week high; yet the Nasdaq is slightly in the red as I write this note. You would think that AAPL will push all other Nasdaq components up and it has not done so. Therefore given the double top formation, overbought condition of the overall market, P?E ratio of S&P @21 (not cheap) and that we are trading close to the 61.8% retracement @ 11241 (from the high around sep2007 to the low march 2009) I am calling a short term top. Risk seems to be to the upside and I will not buy here even if we go to 12000 like a rocket.
I know I don’t really need to say this but having the prerequisites for a sell off and actually getting one are two different things.
Indeed I agree with this comment. I did not say short, I am only warning that perhaps buying here looks as a poor risk/reward ratio proposition.
IMAX BTFO Warning!!
http://ibankcoin.com/henry_fool/2010/04/21/imax-will-double/
The Fuckery will be playing luncheon gigs next week in and around NYC, opening band will be The Burlapers.
The toughest thing to do is nothing, when that’s the right thing to do.
I like to be thought of offal, cuz I need to be pushed even harder. Notice the movement in China last night…had sniff sniff…dead cat all about the Shanghai comp..notice our copper is toppy…and I know, no one believes in Fibo, but I do cuz Quant Geeks are Physic Geeks and fwiw, for AAPL…looking at the fibo of 2007 high and first major drop….161% is
257.35
hey Fly. Thanks for the FXP scalp. I am out now, in at $38.05 out at $39.09.
http://www.china.org.cn/video/2010-04/21/content_19873175.htm
LOL.
“Lenovo’s first smart phone, called ‘LePhone’, is expected to hit market in May.”
As tempting as it may be Fly, avoid it. It will melt your fingernails or some shit.
Real..Hmmm…..All I can see is China Mobile flipping off AAPL….lol….
I just picked up some USU on sale today for 5.90.
u say yard trash like it’s a bad thing.
1 – wait in the tall grass till you see sick antelope
2 – go full rambo straight for its throat
3 – kill by suffocation
4 – ?????????
5 – now you can afford a new car
in short trading is identifying patterns, nothing else
My two cents on TLT: The Greece situation has gone from gad to better to somehow, incomprehensibly, problematic, and if TLT is strong for the last few days, that is the only reason I can see… which bodes for further strength, maybe to 92… but that’s a gut feeling…
Asshole dip buyers are a risilient breed. As much fun as it’s been, watching the markets spike after every point move, it’s time for these pricks to get out of my way.
It’s really quite amazing…
Yes, that’s right, get angry! Frustration only makes me stronger!
Money can’t buy you happiness, forsooth
But it CAN buy you a far, far better quality of unhappiness
{pulls up drawbridge, ducks back into castle}
Money can’t buy you happiness
You good sir have obviously never had the chance to stroll through Bangkok’s Patpong, Nana Plaza, or Soi Cowboy with a fist full of 1,000 baht notes.
Money might not buy happiness but you can get one hell of a great deal on a rental.