You have to be a magician to make money in this tape. Do not believe the purported exploits of our venerable Twitter “pros” who tell tall tales of success with ease through confidence.
Everything depends on the elections.
Commodities were flung into the fires today, because risk was turned off.
It’s actually a good thing the elections are right around the corner–because this type of trading action is dreadful for sentiment. The election might serve as a ‘clean break’ from the current trend, or exasperate it. Either way, you should have at least 20% of your assets in cash.
Today was a rout, a splash of precious gasoline in the faces of those who were on fire yesterday. More of the same–churned and burned.
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> purported exploits of our venerable Twitter “pros”
7 LONGS, 6 SHORTS, and a hot dog with no ketchup
… while driving an impala.
Bears knock on Bulls door: “Knock, Knock, Knock.”
Bull: Opens door.
Bear: Excuse me Mr. Perma-Bull but this is a Bear market for the next couple of months. Please stand aside, or give me your shirt.
Perma Bull’s Repsonce: {What is the context that is going through your head right now}
🙂
Ah the North Sea’s Buzzard Field is reopening..that stupid Oil Rally is over, and I didn’t get the Strategic Reserves Release, but that revoking the Jones Act gave me the same catalyst…ahh so sweet..but the Bulls are so rude, they are never nice when we ask them for their shirts.
The bull is rather long in the tooth, now four years old. It would be healthy for the bear to be in the forefront.
The Bernake Bull, citing exhaustion, stumbles over to the cave of the hibernating bear. Sifting threw half eaten hero sandwiches and empty bottles of Hamm’s beer, he finds the bear asleep, nestled between the fat folds of two prostitute bears. The bear awakens to find the bull urinating all over him. “Put some pants on, your up.”
You mean the same homos that are bullish on FSLR and GRPN on Seeking Alpha? Assclowns they are. How’s Chess holdin’ up?
The market down-reversal today put us EXACTLY where we closed on Wednesday.
When the election comes out inconclusively this coming Wednesday, with Ohio counting provisional ballots and other states doing recounts, we probably will head 500 or 1000 DJI points lower.
Pretty sick market .. extreme risk with election next week..
I have no idea where it will go even if I knew who wins..
Stay safe, cash is a king for now.
Well said partner
Ahhh and they are even talking about possible Strategic Reserves… denying it…but it is on their minds http://www.reuters.com/article/2012/11/02/us-usa-stormsandy-oil-reserves-idUSBRE8A118B20121102
I am up 2.3% today thank you very much.
Much respect to all. Thursday just wasn’t a trend change.
Actually I’m sorry I said that. I’ll keep that shit to myself in the future.
TZA? Hell of a candle.
If dad gets elected that naughty bearded clam is history. No more QE, no more price inflation, no more deadbeats collecting checks. The market’s gonna soar!
How’s it gonna soar without QE dumb ass?
We’re gonna put Americans back to work. And when they get their paychecks, they’re gonna buy stocks!
Which ones?
Not sure which one of you is dumber.
The one with the lame “parody” or the one who doesn’t recognize it.
______
Remember, only one of us is actually going to vote for him.
OMFG
exacerbate it — maybe?
My spelling or courrect.
It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.
been cash fer a while noW.
Yes, pay no attention to the man behind the curtain… Willful ignorance usually works…
I never knew Roseanne Barr and Cindy Sheehan were on the ballot, till I looked at it. Naturally, I bubbled in that option.
New Jersey votes Romeny. They are getting pissed their power is off and Bronco is not getting everything fixed up fast enough. Libs are spinning the ‘climate change’ stuff which will not add any votes.
I can’t believe how many people on the East Coast are that fucking dumb that they didn’t gas up the car during the 4 WHOLE DAYS they knew Sandy was headed their way. Fuck me to tears.
I burned up half a tank in 6 hours before it was obvious that there was no more gas. I’m waiting 4 days to try for the other half tank.
My girlfriend gets 22 mph and her commute is 40 miles. She is on a qtr tank and called in sick.
I guess you don’t drive to work or operate heavy machinery ?
In other words, a haf tank equals 2 days at the most for your livlihood, subways were out, and cabs went empty. Have a supermarket in walking distance and a spare wheel barrow ?
Sounds like a work Holiday! Their bosses should make it official.
That’s why you should have an emergency savings of 3 months worth of living expenses, 3 months of food, a month’s worth of water, and a way to purify water. If you can’t get gas and your livelihood depends on access to gas, you have to hunker down and deal with not getting paid while dipping into the resources you’ve hopefully stockpiled. What if the 6 hour lines weren’t an option and there was no gas for weeks or months, period? You’re fucked.
I get paid to breathe.
The point is millions of people take mass transportation or drive to work.
Now millions of people want to chain up their bicycles to your front gate.
and there are millions of people without bicycles or a place to keep them.
Drive out to Princeton. No lines, plenty of gas.
Can I interest you in ASEI, ECOL, or perhaps XPO ? ……. WM or HCSG ?
I can’t believe the Federal Government is supplying fuel to those few on the east coast, that they agree deserve it.
I can’t believe your fuckin’ syntax.
WHAT DO YOU MEAN?
I mean, I can not wait until the election spin cycle is OVER.
According to PBS Newshour, Federal assistance has been spotty and specific to certain areas. Is this similar to the Katrina situation, or not?
Cancel that. I am pretty sure Katrina victims didn’t get “Band-Aid”.
The post sandy destruction looks bad. If the red tape is anywhere as fucked as Cali, god help anyone trying to rebuild in any amount of time under a couple years. The endless fuckwads(county city state) that have to okay fucking everything in longheld democrat states is enough to cause insanity.
Record number of people on food-stamps.
Obama hasn’t had a single democrat vote on his budgets in 3 years.
Didn’t Barack Obama promise to cut the national debt and the deficit when he came into office. When we look at the facts, we find Obama has increased both the debt and the deficit exponentially, in only four years. Failure or success?
Obama touts Green energy as the future, but they constantly fail at taxpayer expense, while his friends get richer with our money.
Partial list of faltering or bankrupt green-energy companies:
1.Evergreen Solar ($25 million)*2.SpectraWatt ($500,000)*3.Solyndra ($535 million)*4.Beacon Power ($43 million)*5.Nevada Geothermal ($98.5 million)
6.SunPower ($1.2 billion)7.First Solar ($1.46 billion)8.Babcock and Brown ($178 million)
9.EnerDel’s subsidiary Ener1 ($118.5 million)
*10.Amonix ($5.9 million)
11.Fisker Automotive ($529 million)12.Abound Solar ($400 million)*13.A123 Systems ($279 million)*14.Willard and Kelsey Solar Group ($700,981)
*15.Johnson Controls ($299 million)16.Schneider Electric ($86 million)
17.Brightsource ($1.6 billion)
18.ECOtality ($126.2 million)
19.Raser Technologies ($33 million)
*20.Energy Conversion Devices ($13.3 million)*21.Mountain Plaza, Inc. ($2 million)
*22.Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)
*23.Range Fuels ($80 million)
*24.Thompson River Power ($6.5 million)*25.Stirling Energy Systems ($7 million)
*26.Azure Dynamics ($5.4 million)
*27.GreenVolts ($500,000)28.Vestas ($50 million)
29.LG Chem’s subsidiary Compact Power ($151 million)
30.Nordic Windpower ($16 million)*31.Navistar ($39 million)32.Satcon ($3 million)*33.Konarka Technologies Inc. ($20 million)*
34.Mascoma Corp. ($100 million)
And let’s not forget the GM/GM finance thingy + offering Chrysler to Fiat on the alter of union salvage.
This is why you should vote for Obama:
http://www.newyorker.com/talk/comment/2012/10/29/121029taco_talk_editors
Bush didn’t cut the national debt and the deficit when he came into office either. And most of his time in office was not during recesion. Obama would have liked to cut them but Repubs– the party of No– voted against almost everything he proposed & then blamed him for not accomplishing his goals.
As for green energy, it is the future. It isn’t the present. It needs to be developed further & made cheaper & eventually it will be easier for companies to make a living doing it.
No magic here. Just TZA.