Up 2% and Scowling at the World
I’m heading out to run a few errands, which will cost me about $10,000. I am up more than 2% today, which is nice; but I am still mad. I think it’s a genetic disposition of mine to be in a constant state of belligerency. It it’s not the markets, it’s something else. Most of the time, I take my fury out on you, the simple reader.
Now for some substance. I will forgo new ideas, since I am fully invested. At the moment, I built a portfolio around two stocks: KMB and ESRX. They are large(d) cap and trending higher. Everyone needs toilet tissue and drugs. Those two stocks represent more than 25% of my assets. Other 10% positions include DDD, OSG, JIVE and PPC. Five percent positions include ULTA, IDTI, SVU and NAK.
I am positioned for stability and growth. My guess, this blend of madness will produce a beta of 2.00 on up days and 0.75 on down. Both ESRX and KMB tend to outperform the market on down days.
It is an exhibition, if you will, of mathematical precision–winship by any means necessary.
33 Responses to Up 2% and Scowling at the World
Fly,
If you are up 2% today, you didn’t do that. VIX at nearly 17 yesterday made that happen.
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And the goobermint created the VIX!!
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You didn’t build that portfolio… you had to have roads… and ummm… those taxes the government collected from those businesses… it was magic to begin with!
It’s not like the government actually collects taxes from business and the employees who make money to be taxed! Oh wait… ummm…. you didn’t build that, it was the government…
Yes, in 1776 they declared independence so they could have their own government that taxes even more until 1913 when the federal reserve wanted… less tax (oh crap that isn’t true at all, oh well I will run with it) Yes and then up until 1940 95% of people were taxed (oh wait it’s only 5%… oh hopefully they won’t notice!)… You didn’t build it.. Al Gore did, right after he invented the internet!
Holy scheiss, strive for coherence, son.
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He was merely mimicking our illustrious commander in chief. lol
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JIVE and OSG are killin it today. Right back up to breakout territory.
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Dan Dangerdance says:
September 25, 2012 at 1:28 pm
“S&P 1430ish, BTFD, albeit a brutal motherfucking ride down, fellow long bitches.”
So…nobody bought 1 call or 1 share at 1430? bwahaha- pussy bastards!
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I think you need to go back and read my blog post of that day.
And Dan?
Dan, it’s safe to dance, Dan.
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RE: the “genetic disposition.”
Irish Rage is the reason most of us don’t make it into our 8th decade.
You need to connect with your inner Eyetalian half more.
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Doubled up on NAK yesterday, btw.
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Get NAK-ed!
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Jake, is NAK a small, medium, or large milkshake?
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medium for now.
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danke
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Fly, I have to say that even though you’ve been in the business for so long, you panic like a little pansy quite frequently.
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It’s not panic. He just wears his heart on his sleeve.
(It’s that outside-the-chest cavity thing that is in a large way responsible for the elevated BP, btw.)
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It’s a boss move to say ‘I already made my move and I’m ready to pay with blood’, you just wouldn’t understand.
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Would you have posted that picture of Gary if you didn’t have kids?
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I added AXTI …. Completed 5 waves down and now in bull flag formation.
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Where are you looking at, 6 or 10 ? Thanks Tea.
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Let’s get thru 4-4.25 first … then 5 and then 6
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Holding my $SVU is about as exciting as watching paint dry – but then I don’t do this for ‘excitement’, I’m waiting for the ‘pop’ – and waiting, and waiting….
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Post Yum Kippur rally .. clockwork
It’s a bull market 
Yeaaah mayne
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I hear the siren song of GMCR calling you to allocate some coin from your PPT screen
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http://www.nationalreview.com/media/video/328643
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feral
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Upon a visit to the V. Kingdom you will earn a raffle ticket good for the upcoming drawing for an 0bama phone.
It comes with a plan that gives you free minutes, data, and texting when communicating with the Communist USA HQ or the fine folks at Acorn.
Bring in the Virgins!!! Then the prostitutes!! Sir Salty Snapkick has arrived!
Brought to you by VKN
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Hi-larity.
Exhibit A of why people are not so quick to indentify with that “47%” comment.
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Take a look at KNDI!
Another Chinese Burrito!
and another glory hole …
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I am now NAK-d with a 1/2 position.
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the government built your genetic disposition
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