Waiting For Another Monster Win

I want to demonstrate some simple math for you cynics out there–because you’re stupid.

Stock A is a 7% position and it’s down 11.5%.

Stock B is a 20% position and it’s up 2%.

Stock C is a 13% position and it’s up 2.2%.

Stock D is a 15% position and it’s up 2%.

Just out of those 4 stocks, knowing the weighting a daily change, what is the net result?

That’s called “diversification” gentlemen. It enables one to withstand outlier events without blowing up.

I’m eying coal. The sector is selling off for two consecutive days, likely due to bad earnings at CLF. Remember, the coal sector is impaired. You don’t buy the sector for its fundamentals. It is a play on the future, which makes it the perfect Pro-Romney election day pick. I intend to buy ANR and JRCC, ahead of the elections and sell after Romney is declared King.

Previous Posts by The Fly

47 Responses to Waiting For Another Monster Win

Bill says:

Master Fly,

How about buying KOL rather than individual name. Are you buying JRCC and ANR through options,

How about selling 8.5 option and buying 2x 9.0 option for 7 cents.
So you sell 8.5 and buy twice 9.0 strike.

Thanks
Bill

Reply
DMG says:

Attention asshats of the interwebs (those thinking O’bammy wins reelection):
Ban yourself now (yes Yogi) lest you need immediate, emergency dental attention come the evening of Nov 6th, due to excessive teeth gnashing in response to my schadenfreude-laden posts.

Reply
Cascadian says:

Betting on a Romney win is a gamble. Betting on a court case outcome is a gamble as well. Might as well bet on corporate earnings announcements. It’s quicker and more opportunities.

Reply
The Eye-Talian Stallion says:

During the first debate 0bama’s eyes glazed over, “This can’t be happening” he thought. “A white man telling me I’m full of shit, to my face, in front if 70M people?”
Since then he has lost his cool and women do not like that, and as a result he lost the important white mom vote.

Reply
BetterThanPolls says:

Coal has been positively correlated to Romney gains in the polls and vice versa for Obama. Take an average of the current swing state predictions, then look at the day’s change in coal prices to see whether momentum is gaining or slowing. Hint: Today it’s slowing.

Reply
lowoffer says:

I’m still getting negative pi. anybody else?

Reply
republicat says:

$SHW Sherwin Williams is down -8

The housing bull is dead.

Reply
JTU says:

Picked up some MSFT today.
They launced Windows 8 and Surface. Stock was beaten down after earnings miss. They stand to gain gain momentum going into next quarter with new products.
http://www.zdnet.com/microsoft-launches-windows-8-surface-by-the-numbers-7000006397/

Reply
jeckrabbit mcgee says:

Hey fly, keep these twitter polls going and diversify the questions. It’s really great seeing the ibankcoin users perceptions on various topics. Nice to have more interactivity amongst users.

Reply

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