That’s was not a rally, but a warning shot across your filthy keyboards. I am happy to be 45% cash and although I added to my FSLR position today, I pride myself for saying no to the giant bottle of soda that is this market. Subsequently, my TZA position closed in the green. My MTW position performed admirably, despite broad market weakness.
On the other hand, both FSLR and DECK sold off, while DMND took the day off. The result was a +0.1% day and I have zero regrets.
We can only continue this charade for so long. The market Gods grow weary of this tape (they tell me this when I drive in my space capsule). But certain industries still look robust, like the refiners. Crack spreads are widening again and if Iran gets shut down they will soar. Why? Because the divergence between Brent and WTI will widen again, lending to the idea that companies like WNR, DK and CVI have it going on, indeud.
[youtube:http://www.youtube.com/watch?v=FL0u9QXNvEg 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
wtf…
fig dammit
http://www.youtube.com/liferegenerator
Dan the Man McDonald
Start Green Juicing now Le Fly
You will have the energy back
Dan the Man!!! Regenerate your tissues with Parsley Juice.. DO IT!
Full marks for that musical choice.
OEW Daily Recap: All Eyes on 1283
“Should this afternoon’s pullback, from SPX 1303, extend into tomorrow and drop below 1283, then there is a good chance that Minor wave 3 completed at today’s high. If the SPX holds above that level and makes new highs, Minor wave 3 is very likely extending again. Still see lots of resistance between the SPX 1291 pivot and SPX 1327 medium term.”
More on the deep water drilling notion:
seekingalpha.com/article/320104-seadrill-offers-enticing-8-9-dividend-yield?source=email_rt_article&ifp=0
Caveat-this poster is long SDRL
#1 This move is almost over
#2 That’s all ya could do, +60?
#3 As a bear im up 4% for the year. Not bad.
In an age of child prodigies pushing out 80% perfect renditions as great because of their age, and virtuoso’s butchering renditions in the name of creativity, Glen Gould is a breath of fresh air.
Probably the only pianist that could perform an entire concert of just Bach.
A true master at work.
And a rather odd and interesting Canuckstani.
Pop Bottle Kids Of America endorse your drinking of an ice cold pepsi on ice while you trade,go ahead,take a hit,you know you want to.
Numbers are good, numbers are bad.
Profits are made, profits fail to meet street expectations.
Recovery, bailout. 2012.
I feel that we begin the first legitimate decline of the year tomorrow. I am positioned appropriately.
people are leaving the casino in droves
..a warning shot across your filthy keyboards. I like that turn of phrase. I an cleaning up my four keyboards now.
Fly,
Any take on the CVI special dividend on 1/23?
http://tinyurl.com/8463r7t
Poison Pill action, the bastids.
_____