I see the markets are selling off from this morning’s sugar high. However and quite frankly, I don’t give a damn.
Some of my positions are behaving rather poorly, like PPC, SVU and OSG. Let me reiterate, I couldn’t (emphasis on “n’t” for the illiterates) care less.
“The Fly” is a coal man, knee deep in the black stuff. My face is covered with soot, as I overlook the worker class mine money for me.
I want you to understand something, very simply: I warned you of the coming rise in coal. I let you into my world of fortune and glory. For those of you who followed me into the gates of heaven, I expect gratitude. Everyone else can make ham sandwiches for the business elite, for all I can care.
In summary, net, net, I am up 2% for the day, as my second largest position climbs the ladder of success. I am not selling a single share; but may look to swap out of losers to capitalize on the change in momentum.
UPDATE: I sold out of PPC and SVU