I am totally missing out on today’s melt up, as tech trades lower as if they market were down 300. Consumer discretionary names are off to the races, led by stocks like HANS, EL, KMB, COST etc. I am not sure why retail is roaring higher. However, I can tell you this much: the sector isn’t pricing in a fucking recession. That’s for sure.
Ahead of Bernanke and the Fed, it’s dangerous to short here. He may very well chequemate the global bear team and crush them on a QE3 announcement.
I am not particularly happy right now. As a matter of fact, I am downright glum about my underperformance over the past two days. It’s so important to make these rallies count when you get them. To lose money when the market is gapping up is a fucking crime. I should “Rick Perry” (execute) myself for fucking up.
Nevertheless, I remind myself that the market isn’t over in two trading sessions and next week may bring me great fortune. But I am very concerned about the longevity of this rally. Should we correct, I can find myself down 10% in these fuckhole stocks, leaving my YTD gains around 2%.
It’s non-stop fun in the world of money management and I am sure all of you cocksuckers have managed it perfectly, with your 5 figure Zeeco accounts at risk.
Off to conduct sacrifice rituals with my VooDoo Physician.
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Ohhh, the pathos of it all!
Don’t forget that you are winning even when it appears you are losing.
and i just got back from the voodoo doctor,have yours adjust the meth dose
man,no wonder he got rid of the thumbs. dont worry fly he uses his index finger.rof
Rick Perry has become a verb.
If Rick Perry is a verb, the word Obama signifies a royal fuck-up, or more accurately, complete destruction and obliteration as in:
“Hey Joe, why so glum?”
It’s the economy and my 5 figure Zecco account; they have been completely Obama’d!”
You’ll get’em next week, Scooter. 8)
If I had M. LeFly sized accounts, I’d apportion commissioned accounts to blue-chip yielding dividend-corporations.
Thus, regardless of risque on trades, less Virgin-eque stratosphere-to-deep-sea stresses… .
FWIW
i have had a good day hedging
You’ll never beat the HFTs.
The days of the daytrader and fund manager are over.
The best chance you have is to use monthly charts…intraday, dailies, and weeklies are fodder for the computers…save your money now.
It is hard to take a market seriously that flits around every 3 seconds on “comments” from some g team Eureaucrat hidden in the concrete jungles of Euroland with a rotory phone…and a twitter account.
Ridiculous.
Consumer sentiment numbers would be my guess.
I didn’t get my Black Mon, Tues,etc this week because the Central Banks threw out Mo Money. BUT, next week, I am looking at a spineless Clam that got his balls kicked in again with this weeks CPI data..and a market already priced in Operation Twist plus more. So far, Clam is Wishy Washy and this is his last stand next week..and he is going down, like our market.
Two words:
Fuck you
If Rick Perry is elected we will all have been Rick Rolled.
fuck retail
love your posts they sound like you came out Jersey’s shore with some sophisticated in it
its fuckin Zecco. get it right