Well, January is in the books and it looks like I made 1.5% for managed accounts and 4% for my personal/psychopath account. So you know, my other long term accounts are manged identically to managed. All in all, January was a disappointment for me. But, it could have been worse. The market churned a lot, scaring the shit out of people in the process. Volatility re-emerged, taking numerous momentum stocks to the woodshed.
My muted gains can be blamed on my MOTR-boat expedition. But, I am not one to complain.
Going into February, I am positioned to take advantage of the inflation trade. Seasonally, February is a good month to be long oil, gold and ag. Let’s see if history repeats itself.
Closing out the day, I held a 20% cash position.
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GIF
FrIG
Here is a good one from the Muslim Brotherhood in Egypt predicting a war with Israel.
He tells the Egyptian army to get prepared.
I doubt if Israel will stop outside of Cairo this time if attacked.
Probably take 3 days or less to get to Cairo.
Going to be a fun “democracy” (as defined by Obama and much of the politic. correct EU) to watch.
http://www.forexcrunch.com/muslim-brotherhood-wants-war-with-israel/
Israel will turn the desert into glass.
This will not happen – we own the Egyptian military lock, stock and barrel and are directing them at this moment.
Like playing video games.
Just like army of 2 (the first one)
Israel – US – Egyptian coalition http://bikyamasr.com/wordpress/?p=25050
Islamists always talk a big game. The MB is basically Hamas, and look what happened to them the last time they picked a fight with Israel.
A bunch of dumb fucking 20 something kids with no food and soviet era weaponry. Real scary…
Soviet what???? Not so fast – Egypt some of the most advanced, modern equipment in the region (thank you USA). A conspiracy minded individual could start to believe that may have been their plan all along…
Beyond equipment, Egypt has10 times the males “fit for military service”.
The Egyptian military is mowing down the MB last I checked.
Hamas from Gaza going to MB aid in Cairo and expecting future aid in return???
with a kiss to their cheek and a flower in their muzzle
The play is to buy ERX and let it run. 6% today alone.
Have owned it for months. Just let it set there, and it grows like an oak.
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Jake you still sitting still on buying any more gold and silver or has the egypt situation mad the move come quicker.
I like your Ag call…
It’s not mine. It belongs to the Earth.
And the Dwarves.
And the mushrooms.
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There was this guy who lived across the hall from me in the dorms in Gainesville.
He liked to go out to the cow pastures after a rain and “engage” in hallucinatory ‘shroom action.
He handled organic chemistry like it was biology 101.
He is now a brain surgeon in Miami.
I hope he works stoned since that was how he got his near 4.0 GPA.
Had a very similar roommate in college. He is now one of the top plastic surgeons in Chicago.
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long live COP! but not the popo kind
When the idiots on ‘fast money’ bump fists before a commercial, it makes me wanna throw my f’n television through the window
I agree 100% FM went downhill rapidly after Ratigan left. I record the show and watch it in about 20 min…fast forwarding through the baloney (about 80% of the show).
Honestly, I think 3X inverse-CNBC ETF would be an immediate success. Sort of AAA MBS shorted by Mr. Paulson.
Careful – short term borrowing costs in developing nations on the fastest rise since 2008:
http://www.bloomberg.com/news/2011-01-30/egypt-spurs-jump-in-developing-money-market-rates.html
ADM
Yeah I was watching that myself. A few of the wheat distributors look interesting.
ADM was a Power Dip pick for today and will likely make the cut again for tomorrow.
I’ll be looking at that one and BG later.
NBR jumped today 2 bucks. I guess knowing we have the potenial of some bad storms hitting a third of our country, i maybe should have picked up a little more natural gas or oil.
Someone asked me what I thought of Egypt today and I said why you bringing up old shit?
grinding my f…ing ass, best january ever, long vintage classical guitars
i have been looking at some of the timber companies…just can’t decide to buy chinese or american an company…
SNOFF vs WY?
man what stocks havn’t went up in the last 6-8 months..
when they have made a stretch like that, it’s harder to pick
one.