You really have to take this action with a grain of salt. This is end of year bullshit, a time when stocks get whipsawed for a number of reasons. Tax loss selling hits down stocks. Window dressing helps stocks that are the flavor of the moment and hedge fund liquidations cause disruptions–causing panic amongst the unwashed. Case in point: AAPL.
The majority of funds did poorly in 2012, underperforming the indices by a wide margin. Unfortunately, those managers might be calling it quits, as redemptions come in. Investors love to judge their managers at the end of the year, like the true calendar retards they are. As a result, whole funds need to be liquidated and the ripple effects can be jarring.
This all sets up for the real move in January.
Have a look at the monthly data for the SPY, in December, since 1993.
Aside from 2010, which was a roaring bull market, the month of December is a snore fest.
Now have a look at January.
Every year since 2008 has been psychotic. Why should 2013 be any different?
I am warning you, both longs and shorts, this lack of volatility is coming to an end. I am not making the case for a VXX trade. However, I can promise you the calm waters that your little boats are enjoying will soon be over-flooded by the hand of Poseidon himself, thrusting famished sharks onto your decks, upsetting your existence to the point of financial extinction!
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I like the insight Fly! Thanks!
What % of portfolio did you make CROX?
1%
just need a little bump up here into pagan Xmas soz I can raise me some cash
Fine words written by the master..
“by the hand of Poseidon himself, thrusting famished sharks onto your decks”
Classic!
Indeud!
1.5 hours of elections are left!
CAST YOUR VOTE. SPEAK YOUR PIECE.
” I can promise you the calm waters that your little boats are enjoying will soon be over-flooded by the hand of Poseidon himself, thrusting famished sharks onto your decks, upsetting your existence to the point of financial extinction!”
Fly buys CROX!
Based on the Laws of “End of Year Bullshit” CVO was up 12% today on no news and I was crying over having sold it yesterday.
Now it is down for the day!
The Real Muppet does not care about these elections. However, The Real Muppet believes that Maximus represents the best possibility for enhancing the entertainment value of this website and therefore encourages all comers to cast votes in his direction.
The Real Muppet also notes that Elizamae is a Traffic Engineer and therefore a Communista. The Real Muppet knows that all Traffic Engineers subsist by draining government coffers and want us to ride public transportation so that we can be murdered by homeless vagrants. The Real Muppet therefore encourages you to withdraw your support from such.
Thank you,
The Real Muppet
It looks like uranium U308 spot prices may be bouncing off the bottom.
If you’re following the CCJ trade, this could be exactly the Example of a basic catalyst needed.
Oops, lost the link:
http://ibankcoin.com/mr_cain_thaler/2012/12/06/coming-out-from-the-furnace/