I am just sitting on a pile o cash, doing nothing but watch the paint dry. The tape, although higher, lacks the style and pizzaz that I’m used to. I just don’t feel like doing anything, long or short. Some of my friends are heavily short, looking for a crash. But I think that’s “wishful thinking” and this market will continue to mark time, grinding investors into dust and snorting them up with long straws.
Am I supposed to buy these shooters with real money? I need to own liquid names that can absorb a million dollar ticket without jarring the share price. Therefore, it goes without saying, I am patiently watching, trying to decipher the clues, almost desperate to find a good name to buy in size.
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don’t let summer humidity ruin that FRO
I’m gonna go to the barber to get it blow out soon.
My FRO has been completely flattened…but I still own it!! should I add here to average down?? or sit on my cashe??
ATML
If paper gold is worthless and bringing the physical gold price down but physical gold is being bought at record volumes what does this mean for the miners?
ANV Dec options are on fire. does this mean that miners are going to be turning around near term?
Fast Money was talking about gold a bit ago saying that it would be close to a bottom now and as crazy as it sounds, could be a good time to dip a toe in.
If Fast Money likes Gold here, I’d wait for $900 an oz.
You could always invest in a sandwich.
Dr. Fly, while you wait for this market to show some more vigor worthy of your attention, perhaps simply pull down the African war mask from the trophy wall and just wear it for a little while. See if anything happens…
Good idea ultra marine. I will do just that.
please reply
Life insurance companies may get stronger if interest rates start to rise.
go long AAPL, why not?
What about the medical marijuana sector?
“I just don’t feel like doing anything, long or short”
hmmmmmmm
there are three positions in the market – long, short and out
and they take equal amount of research and effort
doing nothing is a position
doing “something” is just gambling
just saying …
It’s my pleasure …