My studies point to a near term respite in the market. The CSCO beat will help provide the fuel to light the tinder.
I’m still “bearish as fuck”, but even dead cats bounce when toss off balconies.
I highlighted my thoughts in detail inside of the capstone of The PPT.
In short, we run tomorrow or never run again. Focus should be fixed on tech, especially semis. I am willing to allocate another 20% of assets for short term trades, but nothing more.
As you were.
http://www.youtube.com/watch?v=Wr7FJohm68o
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fap fap fap fap fap fap
was expecting a DMX vidoe
http://www.youtube.com/watch?v=gqmpboCHYW0&feature=related
Clinton and the Russian President, lest one take themselves too seriously. Or as a human race for that matter. About the Scandal.
These incidents have been going on since the dawn of the ages when man looked down and found his “pee pee”(no homo) and woman put her hand to her noggin and said, “I have a headache!”
OR……Man looked at his wife (aka Holly Petraeus) and said, “I have a headache!”…..
Doesn’t mean it is right. It isn’t. It does happen and boy, does everybody pay. Not worth it, never has been, never will be. Exceedingly selfish at the time, exceedingly painful for all time. Especially for those who stand by helpless and into the fray.
Unless they change the rules some day, and we live like Margaret Meade’s Samoa, (want Samoa) or like the French say and we become comfortable with “C’est La Vie!”………….No good. This nation in its Western Judeo Christian ethic…………..can’t take it OR takes it and runs with it! Feels so good, as one commentator said about these monumental public figures, “To build them up, then only to tear them down!” I think the nation loves to tear them down more than anything,
unfortunately, human nature.
Sierra Water
Seems to look like a perfect FridayFright set up
SOXL. 3x semis for a cracked out deadcat bounce. Great liquidity as well.
AKS
-AK Steel Announces $350 Million Senior Secured Notes Offering
-AK Steel Announces $125 Million Exchangeable Senior Notes Offering ($18.75 million additional notes available)
-AK Steel Announces Offering of Common Stock (25,000,000 shares with a 30 day option to purchase an additional 3,750,000 shares)
Talk about dilutution!
Is there any fucking value left in this company!!!
“dilution” fuck me!
Why SWHC and not RGR? RGR looks like they have greater operating leverage and will benefit more from a ramp in volumes.
Just curious if I’m missing something
Liquidity. Swhc trades better volume
The smartest guys in the room are mostly cheaters.
http://finance.yahoo.com/news/insider-trading-trial-u-says-204159446.html?l=1
Bear suit burned. I guess the cnbc graphics dept. can trash the fiscal cliff crash designs. I was looking forward to the gloomy music and sad faces on tv. No bad Santa after all. Boo.
Do not be so sure. The media pumped this disaster now has to pump the excuses. It is not like socialism is bad for risk assets or anything.
Pelosi is wearing that bear suit and now this….they’re coming for our children
“President Obama is taking a hard line with congressional Republicans heading into negotiations over the year-end “fiscal cliff,” making no opening concessions and calling for far more in new taxes than Republicans have so far been willing to consider.”
http://www.washingtonpost.com/business/economy/obama-to-open-fiscal-talks-with-plan-to-raise-taxes-on-wealthy/2012/11/13/9984cd78-2dc1-11e2-89d4-040c9330702a_story_1.html
China says more Gold reserves needed tonight. .
Gold
Question? what is a number to ge me some sort of gauge on what luxury apartment are going for in the best place in Manhattan?? not talking one 57 apts that the guy from Qatar buys either? average luxury apt?? 4 million? 30 k per month rent?? If there are any one of the guys that live there please enlighten me.
If you have to ask you can’t afford it.
you know nothing, so why even reply asshat?
Oh btw.. Z and TRLA have unsustainable business models. short at will, but be aware of the ass hats that believe in beta at this juncture
z to $10 and TRLA to $6
Agree on semis. Futures are riding high at this late hour on CSCO news. if gap up in the morning fades and no buyers step in then I’ll be ready for the beat down
Fly, if you see the semis start to pop, what do you think about KLIC?
has crude hit support??? the consolidation from october 21st looks spring loaded
ONNN is a decent spec play (some unusual call option buying) with QCOM and BRCM as good “old line chip” companies.
Somebody above mentioned SOXL etf (3x Semis) as having good liquidity but it really still sucks on the spread for traders as does it’s inverse SOXS.
And ever since SMH etf was sold to Van Eck last year volume has decreased a bunch and 30-40% of the time there is an additional penny on the spread that was never there before.
Not sure why I wrote all of the above, except nothing else to do.
Good luck TMoe.
Forgot to add that until there is a new semi cycle established (guidance sucks and valuation is still high on most) many are just short term trades and are dead money imo.
Wondering what demand looks like for LED?, KLIC is position well
CSH oversold. and they sell plenty of guns
I love this movie and review it quarterly.
OSG files for chapter 11 bankruptcy protection.
Stock was down 61% in PM before it was halted!
wow what a difference a month makes.
http://ibankcoin.com/flyblog/2012/10/02/top-urinal-shadow-pick/
$LPH up premarket. 10Q report after hours showed +16.5% net income growth YoY on 17.8% increase in volume oil sold. China PMI, construction, and oil demand has been rebounding. LPH cashflow for Q ending 9/30 enuf for $23.7M cash closing of acquisition plus $14.4M leftover cash onhand. At the rate of $38M cashflow generation per quarter, new Huajie facility is able to rampup faster than projected – 1.5 to 2 quarters for oil inventory build without any type of loan or financing.
EPS to increase 75% within 12-18 months when facility is fully mature with customers and inventory turn.
I’m riding a fucking toboggan over my so called ‘peers’.
“I’m still “bearish as fuck” ~The Fly
I just turned moderately bullish for the next week with a forecast of bearish thunderclouds in the future.