The hardest thing to do is to book losses at the lows. But a line has to be drawn, otherwise a 10% loss will quickly transform into a 20-35% loss.
Today I sold out of HK and MODN, for 10% and 8% losses respectively. My fear, heading into earnings, was a miss, which could quickly transform (extra MUMMA RA) small losses in the gargantuan variety. At the same time, I am dealing with BALT, which was -15% as of yesterday. However, thanks to today’s gains, my losses are a little less than 6%. ALJ, which was a winner, has turned into a break-even, after today’s move.
Take into consideration that I was leveraged at 130% of assets, a great risk in a downward tape.
The best option was to sell some of the dogs and prepare to re-enter the market with a fresh perspective.
Next week I will put my best efforts forward and take back the gains that were mine, which are now being held in stock market hell. Meet me in The PPT for details. I work best when I have something to prove.
Fat little catamites!
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separating the men from the boys….rolling up the sleeves and going to work during the holiday months.
ivory cane, mink fur coat and top hat. enjoy your rick ross, sir.
There must be a trade concerning the 0care debacle fuck up of all time gov fuck ups. This disaster has consequences, no?
long Jesus
As long as one can take the other side of that trade, all is well. Nice take razor.
First hand experience, the health exchange website did not work since launch day for me. The site began working properly yesterday and its not a bad website. Very smooth, fast flow and easy to use.
Now what are all the crazies gonna say? The Repubs sound like morons pounding their chests about 6 people signing up on day 1… The site never worked during that period!
Republicans are nuts
…and democrats are cry babies, gay, and nuts. (whoops…didn’t mean to excite the democrats with gay and nuts) 😀
Exactly. So what is the play on fixing it? Or any other thing. It is the biggest change to policy in history. There may be no trade, or it is just to hard.
The tripling of premiums for 60 year old women paying for maternity care is troubling but not the point. The policy shift is insane. Where is the graft?
Listen, the website issue, although it demonstrates tremendous incompetence, was always going to be fleeting in nature.
The big problem and real pain is going to be the skyrocketing rates and plan cancellations that millions will experience over the coming months. That will not soon go away, and will dramatically affect the next election.
Lastly, and I hope everyone understands this, health insurance is about to get worse for absolutely everyone, except the very poor who couldn’t get insurance at all before.
But here is the kicker — most of these folks will STILL not take advantage of it.
This will end in a total clusterfuck….and they’ll either manage to get it all the way to single payer, or the whole thing will get blown up again.
“”This will end in a total clusterfuck….and they’ll either manage to get it all the way to single payer, or the whole thing will get blown up again.””
======================
@xxxhuggiebearxxx
Yep, I agree.
The other thing I wonder is if someone
that works for the obama admin. has
planned this from the beginning……a plan behind the plan (so to speak) CREATE A PLAN TO MAKE OBAMACARE SO FUCKED UP that both democrats and republicans throw up their hands and say ‘enough is enough,’ let’s go for socialized medicine…..it’s much simpler than obamacare.
A couple of dems have already been quoted saying as much….”this is just a step to single payer.”
They don’t have to purposely make it fucked up….see, it can’t NOT be fucked up with the approach that was signed into law, and everyone knows it. But, thats what they could get passed — so they took it, and just hope & assume its a step to a simpler single payer tax funded system down the road.
And that’s the real deal….without passing any partisan view on it from myself.
Exactly Huggie. The whole thing is a giant money grab. Single payer is just like saying a loaf of bread will cost $20. Because it fucking will. Nothing is free in life. Some asshat has to pay the bill. Fucking always. So… How does one profit from this clusterfuck?
Can you imagine taking a beat up junkyard car into a car wash and demanding a detail at basic prices? Fuck. It is a pre existing condition, right? It is all about graft and nothing else.
through chaos comes order, god help us.
What about the 0severeweathersandy neveragain policy change? This one must have trades. Solar? Concrete walls? Fire proof wood for rebuilt boardwalks? Sand bags ready to go in special sand bags ready to go buildings? The options are endless. Just think like a politician that has never dealt with weather in anyway.
BALTs to the wall with arms full of call options. Fuck you wall street. You fell asleep on this one. And fuck you to anyone who doubts Le Fly. Best god damned stock operator on the street !! Fuckers!!