Whew, with that Buffett news this morning, I was a bit worried the market would get all crazy and shit and trade up. Thank God we are back to trading “normal,” with German markets flash crashing 5% in minutes and US stocks reversing to the downside, in old school, “fuck you, you’re dead” fashion.
Frankly, I cannot envision myself trading in an environment that doesn’t raise my blood pressure by 50%. This shit keeps me on my toes and is the best!
Sure, my VHC position is spiraling higher, but everything else is getting Clubber Lang’d for no apparent reason other than fickle investors panicking out before “the (Jackson) hole.” Well, this is exactly why my new version of “all in” is 30% cash. I expect the market to correct, following the 2 day bull market that just occurred. Once we go down some more, out of nowhere, we will go up again.
In the meantime, try to sedate yourself between snacks and make sure you’re not on margin, else your accounts will do a flash crash of their own, all the way to $00.00.
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thankfully I got SHORT @ the Close yesterday !
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I must say though … that Buffet surprise this morning made for a few uneasy moments !
Whew !!!
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Alf, you were 3.1 net short yesterday around 11:00am which is lower than where we are now…so who are you trying to fool?
Why do you always need to try to make you blog posts a large as possible?
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Blog
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Envy?
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It’s the single eye. If he drops his monocle, he can’t see when he’s hit enter.
The site looks great on this portable device designed by aliens and made by children.
thanks
Is it just me, or does Becky Quick’s new baby resemble Warren Buffet?
Must have been the Asian trip last year
LOL!
Oh how I long for the good old days when we were certain to collect on our daily 40 points.
I would really prefer going up 40 points for the next 44 days.
As soon as the frauds at SP reaffirm germany we’ll be back near the highs
they just did
They did
Between looking at the new color scheme at iBC, the volatility of the market, and my right eye secondary cataract my eyes are spinning like a roulette wheel.
This new site comes out a lot better on Chrome than on Internet Explorer, on my computer. On IE the pages go up and down when I didn’t ask them to.
hurricane slamming NYC this weekend bearish as fuck, I would get out of the fucking way( sell) b/c it is going to be baddddd
Why is it bearish? Buy insurers. They will be able to raise rates.