Because I have 50% of my book in cash, I am tempted to buy everything. Most of you pikers can’t hold cash in your accounts because, well, you’re pikers. But I have a mindset of a champion and heart of a lion when it comes to these sort of things.
Early this morning, the bitches JVA and JMBA tried to lure me into their whore house. I said “no thank you M’am (sp?) I am happily married, so fuck off.” Then that Weinstein guy left a comment about DMND trading down 30 cents on less than 100k shares traded. Again, I was tempted to double the trading volume and answer his stupidity with a 75 cent spike in the stock, but I refrained. BZH, KKD, LCC and NFLX offered me their wares; again, I said no.
I drew a line in the sand and said “as long as TLT is up, I will remain sidelined.” It’s fairly straight forward and easy to follow. TLT represents “de-risk”, a harbinger of doom and gloom for the boom in stocks. When money pours into bonds, you should be alerted. Plus anyway, no one wants to fuck around with heavy equity positions heading into the fall. Quit fooling yourselves, fucking jackasses.
“The Fly” is to finance blogging what Picasso was to canvas.
Off to eat those sandwiches: turning off my computer.