Oh well, so much for the big fucking rally. Everyone with a Zeeco account sold the news and now here we are dealing with the aftermath. My gut says this sell off is a headfake. However, the aggressiveness of this train derailment is infectious. To me, jumping onboard the “sell the news” crowd is the most reprehensible act of non-violence one could possibly undertake.
The ISM numbers (big miss) will be blamed for the sell off. However, the truth is, every dicksucker with a series 7 license is trying to outsmart one another.
All in all, this is the reason why I am 60% long and not 100%. For now, I will let the dust settle and focus my efforts on real tangible moves, all pertaining to the arts of upside earnings surprises.
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Agreud
indued.
good luck on the head fake…..
I don’t need luck.
Talk to my WNR.
M. Fly,
Are you holding into earnings?
I read on the interblogs something about $37 being a fair valuation.
I bought back to hold through earnings. Yes!
Im all in WNR!!
thank you, but i’m happy with mine….
My, oh my, such gentleness. It is more frequent that we would read, ‘talk through my WNR’.
it’s tough walkin around with a boner size wnr,it’s so big i need a fucking wheelchair……….disc:long wnr,with a cost average of 15.53-4.is there a doctor in the house,my leg hurts
guess we all didnt see the hostage situation last week.guess who the hostages were?
Shoot the hostage.
Shoot everyone!?!
Whoa!
you first. i shot my load for ,”god bless america”.
For as much as I wanted to sell the news, I didn’t…the water is still to muddy in both directions.
make that “too” muddy…not that grammar is high on the list for some of the folks on this board.
or gramper, for that matter. lol
MUDDY WATERS
ROFL Funny selloff.
It really is funny, mainly because I am still up. However, should I start to lose money—not so much.
Fly, are you still off the bean?
yes.
started typing at 8- finished by 8:45, out by 9:10
ever think about bra sizes? A,B,C,D, i think they got that backwards.
That ISM report is something fucking shocking.
Seriously?
____
Funny indeud. POT calls motherfuckers. I might just book the gains today since they’re weekly options and people are insane. Still like the stock though.
FWIW, I’m thinking it’s a head fake. Look, there are two cross currents here: 1) the effect threat of default, and 2) the effects of the deal to avoid default and the austerity it entails. The two or maybe three camps: the Keynesians (El-Arian, Krugman, etc.), the “Austrians”/Supply Siders, and as a separate camp the Tea Party bunch. I separate them out because, for the most part, they don’t hold any economic theories to support their policies except for debt is bad, government is evil, hands off my Social Security.
The first two groups are well represented in the markets and I believe the Austrian guys, will wait a bit to see if economic activity picks. The Keynesians have already stated that this deal (austerity) will be bad for economic growth, and it’s a repeat of 1937. The test will be in the future growth numbers. I don’t think the Austerians [sic] are bailing. It should be an interesting few years.
so we are going down from here?
I saw this as soon as your bro, The White Swan, prematurely celebrated a win.
all this talk about the house boat this afternoon, instead of going on trips the should be back at there offices working