I have cash of about 12%, from last week’s sales. I was 130% leveraged long, so I have plenty of ammunition.
The market sells off, in good olde fashioned tumultuous nature, and the lot of you are scurrying about, falling off the sides of the ship. Many an expert on Twitter today professing to take “proper risk management” now that the market has “reversed and gone lower.” You stupid knave. Nothing has changed but the date on the calendar.
Didn’t I tell you January would be slightly lower, followed by a maganimous February?
I promise you if you bet against this tape, in an aggressive way, you are going to regret it.
As for me, I yawned at today’s decline and relish in the idea of buying BALT, post Capesize rate collapse, which closed a tad above $13,000. WOW! My positions in TXTR and GOGO took the edge off of today’s decline and I remain, ever so steadfastly, in the corner of the bulls.
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selloff .. yes but very unimpressing..
very nice day, that is all I can say..
building shopping list
Just wonderful, really.
How delightful to have red on my vacation
Think will get a Bottle of red tonight
I have been mostly out of this delightful game lately so if anyone can correct me if I am wrong I will appreciate it but… AAPL looks like a pretty good buy IF the market will indeed have a sexy Feb.
Luckily I raised some cash after the recent YELP run up.
diggin’ DUBZ blogs,,what a cool life that young man has
The action in ISRG is nuts. Told my partner, Mr. Partridge, I sold too early on Friday as the stock raced to $422. Today it sells off a few days out from earnings. I am predicting an earnings miss; however, I will also consult the PPT for guidance, just haven’t had the time to get into the site today.
Best front page pic.
FLY, any thought on http://finance.fortune.cnn.com/2014/01/13/the-dim-future-for-stock-prices/?iid=HP_LN