I bought 50,000 BEE.
Disclaimer: If you buy BEE because of this post, horrible, horrible things will happen over the weekend, leading to a crash on Monday. And, you may lose money.
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Joined Nov 10, 2007
23,446 Blog Posts
First!
To the last I grapple with thee; from hell’s heart I stab at thee; for hate’s sake I spit my last breath at thee!
then i bought some BEE
It’s Melville dude!
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With BEE being down about 34% from 52 week highs last month, you must be thinking short squeeze?
Ron Insana on CNBC says to buy BAC,MSFT, etc.
He is a failed hedge fund guy.
Taking his advice is like taking marital advice (and golf advice) from Tiger Woods.
He also said Valero is a buy, and he gave up on being bearish on gold.
That was why I put in the “etc.”
I wasn’t really paying attention as my laptop is up on the table and I am floating around in my pool.
What is your opinion on his thoughts?
Opinions? Thoughts? You must be kidding.
Aren’t we here just to comment with “FIRST” ?
Excellent comments and very enlightening!
And yes you are correct!
We are!
I think he’s been short gold this whole year and finally capitulated, he admitted he didn’t understand the trade, good for him. I do think msft will do well in the second half provided we don’t roll over, and I think he got the refiner play from Le Fly, lol.
You better be buying BEE for your Personal Acct … not a Managed Acct type stock is it, especially sporting that bear flag?
Not advice … just a personal observation mind you…. LOL!
The bulls are scared…scared they’re not going to get paid this year.
It could mean a strong fourth quarter rally as everyone casts away their differences for the good of one’s paycheck…can’t we all just get along?
The end of the world could wait until January.
Fourth quarter of 2008 wasn’t so bonus-oriented, was it?
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Making good on aci, cenx, wnr, purchases. They all looked way over sold I think it was Tuesday. Not selling going long with them. I was waiting for an opportunity to pick up a coal play, and aci looked the most oversold. I knew if the market turned it would rip higher. Check out vclk. I’m flat on that one, looks cheap, and has good fundamentals. I feel like the media is spreading the fear in the market. Things don’t seem to be as bad as the picture they are trying to paint. We may be in a soft patch, but don’t believe in the repeat of a recession. At least I hope not.
a V or W bottom for the market?
My hope is that my recent buys were bought at or near the bottom. Because I want to be long going into fall. Isn’t that when most investor get back in.
tru dat but it’s unlikely that we continue up from here in a V-shaped recovery off the current bottom and why take on the risk until the bottom is retested? Hold quality long term buys but sell into strength any mediocre holdings for cash or to be repurchased lower…. just saying.
Got back short GOOG
Financials are red for the day, will the bulls run for the exit before the close?
No, that will be the Bears!
Better be a little worried about the financials, especially regionals, going into the close.
They are really rolling over here after a strong opening.
And don’t tell my wife I spent half of the PM in the pool while she was in school drying the tears of the first dayers.
I’ll cover you; just tell her you were freshening up my revolutionary “environment” – and good sir, please enjoy more time in the pool this weekend.
All the best to those who lived to play another week.
They start school in Orlando in August?
That’s gotta be child abuse.
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And on a Friday?
It was open house.
Classes start Mon.
closing Goog again. I think we get no real move today
you must be wearing flip-flops by the pool too …
Bear Raid.
Bull goring time!
If being up 129 points on the DOW is a bear raid, I’ll take that any day!
Don Quixote FTW!
We are about to witness a Death Cross. The faster moving 50 day average is about to cross the slower 200 day moving average, and will be below the 200 soon. Technically speaking this will add more selling pressure as quite a few market participants base their entry and exit decisions on these crosses.