I didn’t blog today because I was busy all day holding the hands of cowards.
The market did exactly what I wanted it to do today, small melt up, nothing too pretentious. This sets up for the next phase of “OPERATION ROAST SHORTS” sublimely, where they step into the fold, thinking the coast is clear, only to get run over by a speeding tractor trailer (no roadrunner). All of my positions, save TDC and YELP, were higher today. But because YELP is so heavily weighted, I had an average day. The initiations are out of the way and YELP is free to trade wherever the caprices of overzealous speculators permits.
TDC is just a side effect of the carnage that has been transpiring inside of the commodity sector: pure horror on a biblical scale. I believe these companies are setting up nicely for new investment, as the weak hands flush out, firmer value oriented hands will grab and swallow these companies whole.
In the small scheme of things, today was shit. It’s just one drop of absurdity in an ocean of fuckery. I look forward to the slow boiling of shorts tomorrow, same Fly place, same Fly channel.
http://www.youtube.com/watch?v=5HOSuZxYRQE
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Small steps up…
Bounce, bounce, baby bounce, resume crash
bot some tza today as a hedge, still 80%cash
who needs a hedge if your 80% cash?? lmao
The butterbeer at Universal Orlando was tasty but the pumpkin juice … not so much.
pumpkin juice sucked
I see Josh Brown trashed your YELP bigtime on Fast money…cheers!
Small caps bounced nicely end of day with volume coming in. Smart money knows it’s time to get back to work.
Good point.
Fly- almost ALL the anal-ysts were touting FCX, how cheap it is, how wonderful the dividend is. Then CNBC comes out and says FCX (chart) looks ugly and is going to $28. What do your time travels reveal?
my bank card wasnt working, so went to get a new one. they chargded me 5.00 . ok so for the privledge of using my money, collecting fees on my purchases, they get to charge me for the convience. im thinking of going back to all cash.
So, change issuers. Bank of America is nice, they’ll fuck you six ways to Sunday, their ATMs constantly break down, their checking statements have errors, their branch personnel are Walmart rejects BUT, they are nice. Right.
I tried to DEPOSIT a $4200 check today with NO CASH BACK. Fuckin’ Fifth Third wouldn’t take it. And it was NOT a personal check – it was from a government entity.
I told them their bank SUCKED.
Tied with BAC for shittiest bank in the world. Try PNC or even Chase for a major bank approaching some semblance of humanity.
I had fifth third for a mortgage, but switched during a refinance because I couldn’t do electronic payments and hate stamps
Find a smaller local or regional bank or maybe a credit union and switch all your biz there. You’ll never be sorry. I appreciate being called by name when the tellers see me come in. The big banks will be the first to go when Armageddon hits.
Today was an inside day so I guarantee that we either bounce, reverse or consolidate tomorrow. You can thank me later.
i think this is more of the gobment help,the bill to protect us, so they can screw us in other forms.
ment for above:
“It’s just one drop of absurdity in an ocean of fuckery”
You Sir, are a poet.
bounce
the soon to be dead cat kind
Continuation of the incredible bull run that started past Oct and will hit new highs in short order.
a crackhead, two cheeseburgers, and the dealer. the new normal.
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