I added to my TCK position based on copper strength. The market is selling off and the bears are dying to burn this fucking house down. My book is flipping between gains and losses in a jarring fashion. I don’t like seeing my intra-day gains and losses so unstable. A lot of the weakness can be directly attributed to the inane comments of Trichet. This man has been wrong his whole life. I am glad to see him go.
If the market starts giving up yesterday’s gains quick, look out below. I am about 30% cash and should be raising cash here. However, I’m a risk taker. That’s how I roll, much to my benefit or detriment. This is high level money management at play here. This year has been dreadful for me. My timing seems to be off by 1 or two days on a consistent basis, yet I am up 7% YTD. For the fourth quarter, it’s important that I stick to a thesis, with conviction, in order to power up my gains. I am sitting on fastballs, ignoring the curves. It’s the bottom of the 7th inning and I need a homerun. Nevertheless, I will not risk too much to accomplish my goals. It’s important that I live to fight another day, especially in arduous times like these.
For now, I am sticking to my long bias and ignoring the cat calls from all of the people I despise, who are looking for carnage immediately. Things have a way of working out for me, as I am blessed by the Gods. A little adversity is good for the mind, as it allows one to put things into perspective. My point of view is straight forward: the people who are clamoring for depression will be off with their timing because they are impatient. When it does finally happen, their accounts will be $00.00 and their dignity stripped.
There is a time and place for everything. Today is not the downside reversal day you’ve been looking for, so move on.
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Back long SMH 27.82- stop 27.75.
NAZ 100 clearly out performing here plus some of the chips including INTC
Long QLD in a lahge (sic) way.
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inspiring kid http://www.youtube.com/watch?v=L0jZ6dXTgwk
GS/BAC have been relatively weak this past few days.
Ags are killing it today. MON up 5%.
Obama will be speaking shortly. SWOOSH!!!!!!!!
you misspelled 0bama.
0’bama.
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Uh’0’bama
Who are you?
You mean swoosh UP, like the market has during Obama’s term.
Isn’t it nice to have an intelligent Pres after eight miserable years of Moron Bush?
Lol president o’derpderp Has been terrible. Gas priced double, under employment and unemployment 20%, and stock on a term average are far lower than they were for bush in spite of trillions upon trillions of cash injection.
Bush had to deal with Clinton bubble And recession and by end of his first term things got better all around not worse. O’derpderp got outprezidented by an idiot.
Out 27.95. Need to clean the pool.
INTC suckin’ wind.
Plutonium Petey driving his dynamite-filled car into the sun.
Indeud
C’est la Vie D’Europe!
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Europe est mort.
Distressingly erratic behavior in the book. Ups and downs refuse to correlate. BUT, I am not without dignity, thank you very much.
Careful.
Chips fading and some DJIA stocks look sick.
And this is while the Euro goes up.
Rally is over, sell a bunch of shit, buy back on Monday during the dip. Happy weekend y’all.
All my longs up, but in a pussified way.
There is genius in this latest submission only a stock operator could know.
GO TIGERS
Die Tigers. No reason to give people a reason to stay in Detroit.
Let the market clear.
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You speak of my home, Mr. Gint. And likely a place you’ve never been.
GO TIGERS!
DMT (dimethyltryptamine) is available through the harvest and preparation of phalaris grass, which grows wild across this great nation. The war on drugs is a war for profit, just like any other war.
Cigarettes shoudl be free.
And I hate parking meters. Let’s get rid of those too.
Do you like finding a parking space?
From O bama to NO bama. The job bills will never work when it comes to manufacturing jobs. Those jobs are gone. Those jobs are in China and everywhere else. Only import duties and stong currency control of China will help our employment.
You sir, should keep quiet, rather than “removing all doubt,” etc.
Google “Smoot Hawley Tariff,” for reference.
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I thought it was Will Rogers, or Mark Twain.
LOL… not the quote, the reason why this asininity currently in the Senate about “trade restrictions” on China are the absolute WRONG thing to do right now.
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“Wall Street is an example of people not following the rules”
~~0bama
very nice
Oh Yea. Does he want to explain his DOJ selling arms to Mexican gangs.
Not even selling, just ‘got away’ from ’em!
Maybe he was referring to how he got around payment caps by setting up that fraudulent credit card on-line donation page before the 2008 elections?
The Chicago Way in the Oval Office, G-d help us!
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I would love to see 0bama and h0lder strapped up to a lie detector and asked about the Mexican gun deal. Bet your best hat that both knew about it and probably hatched the idea in the first place. They had to do something to appease the anti gun crowd they made so many promises to. The obvious thing was to make firearms appear to be “evil” so they attempt to control, ban or limit their use by we common “folks”.
2nd Amendment Baby. It’s the one that protects all the others. If it goes, all the rest will soon follow.
Boo Ya Fly ! Who was right about MS? I remember your bullshit post from the other day, so I am going to hit you with Double Boo Ya. The Cramer Bottom was put in…
Fly, you taking any profits today?
Winship
LOL.
He will brook no direct questions while wearing the magistrate’s bicorn hat.
He will merely render judgment.
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I realize that you have accomplished “Winship” but are u selling anything ahead of jobs numbers tomorrow?
I sold 1/3 of my WNR and CVI positions.
steady as she goes…..they don’t make it easy – but all things “forexwise” point to continued dollar weakness / stock market strength.
In fact cycle wise…stocks have just begun new daily cycle suggesting solid strength in coming week.
Nope no shorts working today. Steady grind higher….
We will end up around break even for the day. No one will be long into the jobs number.
Wow the buying intensity just picked up, what a rally!!! The do not short button just went on my computer.
Love hearing 0bama stutter..
Well then, let me make your day.
Anybody watching SP500 1160? FOUR times today, it couldn’t break higher.
Tomorrow should be very very interesting.
Broke it and then some at the close.
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