MTW lifting through the sunroof this morning really vexes me. The psychopath analyst from Sterne, who has been pounding the table, saying it was going to $18, is going to be right. Every once in awhile, crazy people take eccentric risks and win. Subsequently, they get rich off those bets.
Futures are sharply higher this morning, based upon the same news that has been recycling for the better part of 2 years now. Greece is gonna get bailed out, blah, blah, blah. What’s important to note, however, are Italian 10 year yields at 5.75%. Most of you were freaking the fuck out a month ago when they were nearing 8%. Cramer was in DEFCON 2 status and his sole source of bullishness resonated in FUN. Now, things have slowed down and optimism has infected the brains of everyone.
But, we’re nearing extreme levels here and upside potential is limited. We may very well trade 30% higher in 2012; but it’s not going to happen all at once. At the very high end of the range, I believe we can trade up 2% in February. If we take 1% today, that leaves us with a poor risk-reward trade.
Nevertheless, I am long two stocks: SODA and SFLY. SFLY posts numbers this evening and will likely whip me like a fucking slave on an egregious earnings miss. However, SODA, on the other hand, that’s another story. That fucker is going to steamroll higher, cutting off heads, arms and dicks along the way.
WHR is sharply higher on outstanding guidance. I am +17% for the year and I carry grenades on me, even when going to the grocery store. You can’t fuck with me, so don’t try it.
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“That fucker is going to steamroll higher, cutting off heads, arms and dicks along the way.”
LOL!!!
@Juice… hey I’m looking for that link of the old Swami who who has the list on moneyism’s…you posted a few years ago.
It’s a bull market you know.
I like the K.I.S.S. methodology….
Dollar down? Earl, ag and metals up.
Why toss pinless hand grenades from hand to hand unless you are sizing up a Captain Hook costume for Halloween ’12?
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I am going to listen to your neighbor Stevie boy and buy Goldman Sachs this morning and other banks like C and maybe FAS. Makes as much sense as anything else.
Nat Gas taking it on the chin again today.
Honey Badger won’t start giving a shit until around $SPX 1370-1375 area.
I want to keep my dick thank you very much.
Oh oh! Obama’s speaking! That’s usually not good for the markets!
time for a pot roast sammy.this shit is gettin boring.
We go higher past this weekends national pagan festival. I think the market starts rolling over, slowly, about a week from today.
Market will drop like a rock when it goes.
This market is the honey badger
TMoe adds to ZNGA BOT on Monday
Was it not our mentor Fly who said, “don’t fuck with me”? Soooo…
It’s that magical time of year again when the Darwin Awards are bestowed, honoring the least evolved among us:
A man who shoveled snow for an hour to clear a space for his car during a blizzard in Chicago returned with his vehicle to find a woman had taken the space. Understandably, he shot her.
bitch knows better
MTW magical number is 14.21ish..it can jump to that 18 level with nothing in its way if it can stay above that support in my fibo world. YET, imho, reading thru PMI’s last night, yes the overall global is better (imho due to the lead up into china holiday) but did you notice that China (non govt PMI, HSBC) and Canada not giddy reports at all..anyway…place is a mess, yet everyone is still buying AAPL
One day you are going to wake up and realize your Fib world is shit. I’m not saying the Fib world is shit, just yours.