iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,526 Blog Posts

Twisting in Knots

The insidious CHUCK BENNETT sold some VHC today because he’s afraid. Afraid of what the judge might say. Afraid of what Apple might say. Truth be told, VHC is a man’s stock, one that embodies cigar smoke and single malt liquor. It’s not for the faint of heart and those who have weak hands and knees.

It’s for closers, only.

Stocks dove today, but had little effect on my stocks. I’ve concluded it to be in my best interest to avoid US stocks, unless they’re from the coal industry. “The Fly” has decided to become the Emperor of Japan, fanatical bull on any and all exporters.

Nevertheless, we’ve come to the end of the road here, as the time in 2012 is almost up. The direction of the market will ebb and flow with the caprices of speculators. Just yesterday, The PPT flagged an OB signal–but it shouldn’t be feared to any large degree. I don’t believe we’re going much lower, at least not yet. We will trade the range and then jump off a cliff in 2013.

Sounds exciting.

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19 comments

  1. david

    So you are the Emperor of Japan who lives in a coal mine palace.

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  2. Mr. Cain Thaler

    Jumping off high places and other forms of suicide are very sexy to those Japanese. Let’s get cliff hanging up in here.

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  3. DanDynasty

    I hope that when I jump off the cliff I will land on a bed with 100 naked virgins.

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  4. razorsedge

    bed bath and be gone

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  5. Belly of the Beast
    Belly of the Beast

    ASEI to find them guns, explosives and stowaways !

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  6. 4yoursuccess

    Mr. Bennett can choose what he wishes. If the devil sells some, then I might listen harder.

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    • Chuck Bennett

      4yoursuccess,

      How do you know I’m not the devil young man? Do you really believe the devil is alive and well in this world?

      regards,

      Chuck Bennett

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      • 4yoursuccess

        Indeud Mr. Bennett. On November 26th you wrote, “The Devil and I were talking around today around 2:50 pm this very day.”

        We all have the ability to communicate with oneself, but I’m sticking to my presumption you and “the devil” are two separate humans.

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      • Frog

        Most people seem to think the Devil is alive & well in this world.

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  7. MM

    The yen can only weaken against the dollar from here and Japanese stocks have finally bottomed. And everybody knows it. See the problem?

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  8. JV

    Sold my VHC yesterday at 35.13
    Bought SWHC at 7.85
    screw consensus…

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