Let’s not exaggerate today’s move for something surreal. This is a standard bounce, based upon the premise of future Chinese easing. The rumors are becoming more pronounced, more detailed, with regards to imminent Chinese stimulus to bolster their economy. We all know of Europe and how its cancerous tumor is spreading. Well, the Chinese have much to lose, being major trading partners of the dicksuckers in Europe. Therefore, basic resource stocks are outperforming, including two positions of mine: TEX and MTW.
When the printing presses get going, you will see silver rise from the smoke and ashes to choke the life out of those who bet against it. Until then, it will take a back seat to some of the more heavily battered names out there.
Once again, “The Fuckbook” is pillaging the shares of its peers. This ipo has been so fantastic. I’d like to thank the underwriters at Morgan Stanley personally for putting together such a well timed and mathematically perfect offering, for it has done nothing but breathe life and honor into this market.
Although I “love” the social media sector, in a draconion sadistic sort of way, the correct play now is to be long Chinese-centric names, in anticipation of stimulus/easing. Everything else will fall into place, eventually. The bears will focus on the weak names, like FB, but will leave quickly if this rally get legs.
Don’t bet on it unless you can afford to lose or lack the emotion that stimulates fear.
Top picks: RS, EXK, AG, TEX, MTW.
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$YELP with a s/l against last week’s lows looks enticing, sir Fly. Qu’est ce que tu pense?
C’est merde.
Octane avec caffeine: http://www.youtube.com/watch?v=GUx7G50TmOA
A cup of smoke on!
Chinese burritos for lunch today!
BTFD… Greece not going anywhere and as Le Fly said… rumors rumors rumors… tis the season.
Come November the market disintegrates, however.
Fear? What’s that?
MS did a fine job of maximizing $ for Zuckerfu and his buds.
Won’t $ANR surge with that thesis as well?
Sir Fly,
Is this just another WNR trip to $20 to sell into or does this ancient “Coin” play actually break out?
$TAO gap-spiked and has another dollar to move at ~ $16+.
Could a really great long term move too, but I’d test the waters with a swing entry.
Mr. Fly,
What is your take on PAAS?
I think howard lindzon erased your DDD comment lol
For me, this is just a sensational side. Thank you for the wealth of information. I will certainly regular visitor.
For me, this is just a sensational side. Thank you for the wealth of information. I will certainly regular visitor.