The wall of worry is very high. As a matter of fact, the iBC news section is outstripping my blog in traffic, over the past two weeks, something that has never happened before. You macabres love this shit. You want it all to burn down, starting with FB and JPM, ending with a fucked up Zombie Jobs AAPL crumbling into the Pacific.
Guess what?
You’re a fucking idiot.
We have central banks printing money; what do you have?
Oh, you have debt and Greece?
Well, we have assassins and Euro-bonds–coming soon to a homosexual euroland near you.
Big Ben “The Bearded Clam” Bernanke is on his way (no Santa), blunt in hand, ready to get you bitches. The P in POMO stands for permanent. Get it? Good.
To play this spike, and salvage my fucking year, I am bulking the fuck up on splattered China plays, like MTW and TEX. I added to NXPI for semi exposure and bought back TDC because it never trades down. Plus they had a blow out quarter and came back to my original sale point. I like owning names that have recently smashed earnings, down only because of the market.
Finally, there is YELP. What can I say, other than I have the patience of a camel.
UPDATE: Here is my current roster of positions, subject to change of course. All updated in real time inside of The PPT.
If you enjoy the content at iBankCoin, please follow us on Twitter
Dude we bounced two days and your saying new highs
fuck off Greg.
He’s talking about treasuries…
Fry buys Chinese Rotto Tickets, I love it!
P in POMO is for Permanent is the title of a blog post of mine, from a long time ago. I lub u 2
Facebook rulez
Do you have more YELP than the CEO now?
Germany will not agree to Euro Bonds until it’s too late to save PIIGS.
Short silver, swing trade.
Why?
It’s headed lower.
Fly,
you think if we conitnue to rally that Benny B will still pour gas on the fire?
wouldnt it make sense to do it at depressed levels as he has done before?
Just eyeying ti appears as thougth Benny steps in at the last minute and following an almost 20% sell off.
Just wondering.
Okay, the rally is over.
I hope you enjoyed that 10 points.
Markets will reverse tomarrow after EU “leader’s” fail to come up with a plan.
If you can’t spell “tomorrow” correctly, you should not be allowed to post an opinion.
Thenks fer the speling lessen, lol..
Love 600 benz
France, Italy and Spain are demanding more free shit from German tax payer’s. Good luck with that, lol…
I cannot concur with your remark re camels. I have a camel as a patient and he, like all camels I have come to treat, are the most impatient patients a doctor of animals such as myself have ever had the displeasure of providing veterinary services to.
Hey, watch what you say about my wife and, in fact, all of my wives. A fatwa on your head, you infidel.
When I was alive I loved to smoke camels. If you know what I mean.
No KBH?
The last paragraph in this article is not a ringing endorsement of YELP:
http://www.theglobeandmail.com/globe-investor/investment-ideas/features/vox/my-facebook-status-doesnt-include-dumb-money/article2439383/