Pardon my tardiness, I’ve been partaking in “Battle Sprinkler”, laying the groundworks for war, for the better part of the past two hours. Early reports of an erroneous lawnmower eating my sprinklers has been overturned. It appears, as God is my witness, the sprinkler got lodged under the earth, came loose, then started to wreak havoc. Suffice it to say, I was out there trying to screw in the fucking thing, with the ants and the bees crawling all over me, with little progress to report. It reminds of an old Polock joke, with regards to light bulbs.
VMI reported a good number; but the stock is selling off. Hence, LNN is following suit, in the process–kicking me in the dick.
RFMD decided to commit hari-kari. At this stage, I don’t even care what the news is anymore. Earnings sucked and the stock is giving me the business. I will be a seller.
Lastly, both EXK and VXX are performing admirably, oddly enough. If it wasn’t for LNN, I’d be having a good day. However, it is because of LNN that my day is a loser, all the while my sprinkler heads taunt me with idiocy.
Nevertheless, I am not a buyer of this market yet. Both Spanish and Italian yields dropped, which is good–but not enough.