The market is too melancholy for me to dive in. I have about 15% in cash, waiting to be deployed. But the overall tone of the market is drab. If there isn’t any momentum, then there must be carnage. Since there is neither, the market is in no man’s land, a risk to both buyers and sellers. Therefore, I’ve decided to sit tight and wait for a better opportunity.
All day long I’ve been dealing with the slow drip, death march of sorts, of my stocks trading lower. These little cocksuckers were looking so “dreamy” on Friday and now they’re little nightmares. NFLX is getting hit on rumors that certain networks will not sign content deals with them, due this Friday. However, that’s a bunch of HORSESHIT and the stock is being abused like an altar boy for no good reason.
Other than that, I am receiving “standard” clubs to the skull in ATML, PPC, MCK, ESRX and DDD. However, it’s worth noting, I am taking an especially large clubbing to the brain in AKS, a proverbial “fucktard” of a company if I ever knew one.
As much as I like to tell myself “Fly, chill out. You’re up 34% and your cock is swinging low”– it doesn’t work! I’m obsessed with price and hate when my stocks trade lower. I need to see progress all the time, else I become morbidly miserable. Should these stocks piss me off anymore, I will sell them all and start anew. I will not say “that’s how I roll” because idiots say that. Instead, I cordially inform you that I am a master of artistic habit, which entails seeing things flow in a certain, mathematically perfect, way. Anything less than sublime is simply inferior to my standards.
All new buys have been halted (no Nazi) until this tape improves.