Today I was gifted with a COCAINE GORILLA RUN in coal, long to tits in ANR. I didn’t take this generosity for granted by sitting idly by–doing nothing. I sold out of PPC and SVU, not because I couldn’t take the losses–but because I could. The losses in both names were a mere trifling, compared to the magnanimous advances made in ANR. Hence, I sold and started a new position in a name more aptly suited for today’s tape: TC.
It’s worth noting, already, I am +3% on TC.
Moving on, I feel today’s action was both bullish and bearish. Bearish for the obvious reasons: selling off from nice high spots is deadly for your financial futures. On the other hand, basic materials showed some gumption, a sector sensitive to both global growth and the superfluities of the Chinese central bank. It’s always been my belief that the Chinese will stimulate their economy, like a motherfucker, when the 18th congress seizes power.
We’re into banking coin, here at iBankCoin. I’ve got a good eye for these sort of things and generally make it my business to succeed, no matter the clime.
NOTE: short seller in the video below isn’t scared of the cocaine induced gorilla. He’s eating that fuckers leaves, petting his baby.
NOTE II: PPT members- I will be issuing today’s report a little early, about 4:45.