Stocks are lower, but nothing too dramatic. These sell offs are all too cliche. Just when you thought the market couldn’t go down, shouldn’t go down, wouldn’t go down, you get a pick ax to the cranium. BAM!
It’s important to note TLT is a non-stop ferris wheel of fun, firming up in the month of August because that’s what TLT does in August. All of my positions are lower, except my HDGE hedge. Plus, my 35% cash position suits me just fine on days like today.
In short, nothing has been decided by the Fed. Therefore, it makes little sense to play Russian roulette with an automatic pistol here. Chill out, relax, and enjoy the bloodshed.
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The Fly is God.
These worldly fuckers have sweat too much to let the capital markets unwind.
Ready for September here, relaxing.
FSLR certainly puked.
CLF below book value. Watching this bad boy.
Wait until September 30, I read the shit is really gonna hit the fan.
Maybe the shit you read is what hits the fan.
“You Pigged Out Kid” – perfectly fukin apropos title. Wall St 2 I believe…and it truly applies to anyone foolhardy enough to weigh into what may just be an upcoming fukin bloodbath – if (as will happen in my fukin opinion) BBen settles for ‘tough talk’ tomorrow instead of real cocaine/heroin addict (QE for the cocksuckers) action.
Put “say hello to cheap hydrogen” into your search engine.
Glad I cut bait on CLF at 45 when it fought back to the top of that declining channel. Had to lick my wounds, but better than the ass-reaming that has followed.
spec stock JRCC up today.
PSX showing strength today. You still like refiners Fly?