I am drinking from a large mug filled with Earl Grey tea, watching Cramer have a seizure on CNBC. Europe is sharply higher despite Italy’s credit downgrade. Everyone is so very scared of CDS spreads widening. But, that’s just a symptom of fear. CDS were blowing out in 2008 too, only to get fucked when the crisis was averted. We have a small window of opportunity to rally 10,000 points in a single day. However, after we rally, expect grimness.
Now that I have some skin in the game, long 65% in equities, I was hoping to avoid getting bounced into a murderhole. I realize Mother Market is upset with me and I haven’t made a sacrifice to the stock Gods in over 3 months. But come on already, cocksucker. Give Plutonium Petey a little respite, so he can further finance the mobilization of his orbital space cannon, for the explicit purposes of offensive war.
On a side note, I was looking for a bottle of Culmen Reserva 2004, a fairly hard to find vintage. I went to some bullshit website and ordered it. Upon delivery, to my dismay, they sent me a 2005. Can you believe that? Those fucking scoundrels sent me a 92 rated vintage instead of the 96, the 2004. My point: there is no honor in this world, not even amongst gentleman in wine circles. Everyone is trying to steal money from one another. It’s pathetic.
Having said that, I intend to “steal” a great deal of money from those who are short my positions today.
As an aside, check out ZROZ, an alternative to TLT, albeit thinly traded.
[youtube:http://www.youtube.com/watch?v=h0p8yTqj8i4 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
Are you goting to increase exposure this AM or keep dry powder?
My appetite has been quenched.
Market won’t rally without $AAPL
Nice call yesterday.
After 10,000 points to the Sun, how far is the fall back to Earth and below? Besides being technically oversold, the catalyst for a bounce here, as the downgraded Italians say, “She make-uh no sense.”
After the 10,000 point rally, the robots will take us down to zero.
Ah, Armageddon Robot Retracement.
Now that makes sense.
God damn it…Spilled my coffee all over keyboard after reading this post. The wine part was hilarious.
I don’t know Sir Fly, not liking today’s tape. I will offload my longs and just wait and see.
Loaded up SMH-ave. 27.01
Herman Cain
Sold half SMH 27.32 as I was in 80% of all my trading $$.
Going to let the rest ride on the rocket ship up.
Ignore AAPL.
a little choppey this morning. But, it seems all the rallies of late have started this way. I am riding it out…..for a bit
Out some SMH at 27.56. Small amount left.
If I knew trading was this easy I would have used my student loan $$ and skipped class but then again we only had rotary phones back the and no discount brokers.
Oops.
Self slap in the face- starting to sound like Alf44.
done, I am now 100% long… wait… did fly say to go long… oh shit cancel cancel cancel….
CLF Ramp!
Face ripping rally DAY 2
Fuck You Shorts You’re DEAD rofl
Is NYSE having a problem transmitting prices?