I am Smoking Crack

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Do not hate on “The Fly” because his life is so much better than yours. There is no future in your communist way of thinking. I strongly advice that you pray at the altar of Ronald “Mcdonald” Reagan for forgiveness.

I don’t punch clocks and I rarely work. My lifestyle is what some of you might consider “retired.” Back in the old days, I’d work like a jackass horse hybrid of some sort. However, now I just flick cigar ashes at my clients suggestions. Truth be told, I will fire each and every one of them before I die.

OPEN is taking the fuck off, despite what uninformed short sellers post on the interwebs. I knew I’d regret selling it. However, it wasn’t meant to be.

Going forward, I am smoking crack, crack spreads that is. If you are not familiar, go look it up. I am not your helper.

Spreads are up another 2.5% this morning, following yesterday’s 6% gambling spree. I am telling you now, as sure as I am sitting here, the hot money is not invested in the refiners yet.

I am hedging my large refinery bets with long positions in both DAL and LCC.

In short, the streets of Syria and everywhere in the middle east are on fire and Japan is in the process of creating Godzilla via nuclear waste. BEHOLD the splendour [sic] of the stock exchange and get some.

31 Responses to I am Smoking Crack

Jakegint says:

He’s a crack shot.

Back in the old days, I’d work like a jackass horse hybrid of some sort.

Does this imply former mule-ishness or… impotence?

___________

Reply
4Breakout says:

If you want to know how to calculate the crack

Take 28 times the price of RBOB gas futures add 14 times the price of heating oil futures and subtract oil futures.

28*/HO+14*/HO-/CL = formula to chart on TOS

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4Breakout says:

So far today the price of oil (input) is down and the price of gas and heating oil is up.

FYI most airlines use heating oil to hedge their fuel costs, some have stopped all together as they got spanked in 2008 when oil crumbled. I believe LCC does not hedge much at all (their retarded desk got drilled in 08) so they will probably be the best beneficiary of falling heating oil prices.

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xxxHuggieBearxxx says:

This market is awesome….not a fucking thing in the world matters, it just keeps going up and up. I mean, sure, it trembled there for a moment when it looked like the second largest economy in the world was going to become a nuclear wasteland, but it was hardly even a shiver.

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ogma107 says:

How has WNR’s trading pattern been so predictable this week? Up in pre-market, ripping tits until 11 and then coming back to Earth in the afternoon. Looks like we’re on pace for another day of that today…

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