In both analog and consumer semiconductors, revenues and inventories versus average days sales are now BELOW 2008 levels. The semiconductor space is prepared for a slowdown and offer significant value here, especially if the economy isn’t diving into a fucking vortex. I like the semis here and started off by buying IPGP here. I will add to additional names, as the market improves. But my general thoughts on the sector here is exceedingly bullish.
Chips and refiners. That’s where I will put my dice, with a little side order of DECK.
I still own GSVC and BEE and will not abandon the former. I love the longer term story for GSVC; but BEE needs to get going soon, else it’s gone.
The market is firming here and most of you fuckers are pussies. How could you just sit there, watching this market tick higher and do nothing? It amazes me how people chase performance. If you miss out on the coming rally you deserve everything you get, AND MORE.
As for gold: FUCK GOLD.
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SPX broke resistance at 1045 back tested and headed higher, looks like a trend day. Long TNA!
opps, I meant SPX 1145! I am a bearshiter at heart LOL
What type of owl is that?
The type that bites your face off.
Seems like a cute little owl. Although the way it’s staring, you could be right. It’s still a wild animal.
Spotted Owl. Stronger than the whole logging industry.
YA RLY.
CDN banks win again!
That’s the old Fly I remember. All balls and vinegar. Ditto about the semi! Am still enchanted with the future of liquified natural gas transport and storage and getting paid to wait.
ticker idvc brand new in that space
thoughts on BWP —
http://www.jpmorgan.com/pages/jpmorgan/am/ia/heard_in_the_hall_08-19-2011
Interesting choice of title from the silver short tyrannosaur.
Market Breadth still not great here …
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Advance / Decliners looks great !
TRIN still too HIGH here … been waaay above 1.00 all day … this needs to drop !
TICK just so so !
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Just sayin’ !!!
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its 88%. what are u talking about?
… as I write this the TRIN is @ 1.67 … ooops … now over 1.80 !!!
We need it UNDER 1.00 !!!
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With all due respect … what are you talking about ?
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Playing FCX weekly 45 calls
Going to take a nap listening to the Indians ball game on MLBtv.
Have a price alarm set for BAC @5.95 and GS @ 99.50.
Don’t wake me before then.
Fly,
Do you have a price target on WNR that you’d exit most/all of the position at? The WTI-Brent spread seems a bit shaky with the positive news out of Libya
5.8 MAG Earthquake in Virginia! Fuckin A! 2012 baBY
I felt it here in Manhattan.
Sorry I dropped my squat bar just a little to fast….
Back to my ban…
Take it easy with that, you got the whole office rattled now.
You were squatting at the bar again?
Twelve steps, my son, twelve steps…
______
Hey maybe a Hurricane will wipe out Florida this week? Should be good for at least 500 pts on the upside!
What a fucking joke of a day! Damn boxes control this market-