POMO FOR LIFE

You were just about to give up hope. The market was behaving sick–but now you feel better. Consumer confidence spiked because The Bearded Clam instills confidence in the populous. The people love The Clam–they just don’t know it yet. Nevertheless, my current roster of holdings isn’t doing it for me. I am waiting for a small spike in my oversold portfolio of shit, before I sell it out and focus on the future.

Most of my reader base is without electricity. Therefore, traffic stats have plummeted to 2007 levels. This little storm, a cat 1, really fucked up the tri-state area. Can you imagine if a real storm hit us? We are woefully prepared to deal with existential circumstances. I am 100 miles west from the carnage and my grocery stores are completely depleted. I think it’s fair to say it is prudent to keep ample food supplies in the pantry at all times.

VHC is at trial with Apple now for patent infringement. If they win, the stock will rip 20 points to the upside. Last time they went to court was with MSFT. Twenty days into trial, MSFT settled with VHC for $200 million. The Devil feels confident that AAPL will ‘bend the knee’ to VHC, and before presiding Judge Davis, or settle for billions. On edge.

I haven’t opened up the trading turret since last week. I bled out 0.8% yesterday. For the day I am up 1%–big fucking deal.

Add NFLX to the list of stocks that I sold near the lows. It’s sickening to me, having missed out on so much. Just yesterday I blogged about ‘Hurricane Plays’ and mentioned AZZ’s municipal infrastructure business. Shortly after my post, the stock went from +0.50 to +4.00!

Fuck the stock Gods and whoever else is cursing me with inverse winship.

Previous Posts by The Fly
SILENCE!
78 comments

25 Responses to POMO FOR LIFE

crazy george says:

Hurricane Sandy is creating jobs, people are raising prices, inflation is occurring, increased hiring is happening.
Government is rebuilding and spending more to account for the destruction and construction jobs are in demand for the rebuilding effort
As Jay Leno joked last night, Hurricane Sandy is already creating more jobs than obama.

Who needs QE when you have hurricanes?

It’s just too bad there can’t be zero casualties and devastation.

Reply
JTU says:

I was almost ready to throw ATML, AKS and IDTI into the salad bowl and toss them! They are up considerably today! Up 6, 7 and 9% respectively.

Reply
BottleRocket says:

Have a look at FSLR. Earnings after the bell today. If they beat and Obama is (will be) reelected, it will fly to 10,000 feet before it explodes.

Reply
Frog says:

Fly, any news about Chess? I guess he is still without power or we would have heard. Do you think he is otherwise safe in whatever area he lives in? Nothing is still under water, is it?

Reply
ALBER ROURA says:

NBC/WSJ OHIO OBAMA UP BY 6 UP IN FLORIDA UP IN VIRGINIA
Fund managers in panic mode…
More taxes…
No deregulation…
No exemption for cap gains and divies…
Hedgies gonna get hit very hard…

They backed the wrong guy, lol
PS

Romney Now running LIAR ADS in Ohio…Contradicted by GM and Chrysler…Like ANYONE believes him…Losing credibility by the hour
Mitty’s last week in politics!!
Mitty going to be giving his conceding speech…
From Grand Cayman islands

Reply

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