The Goldman Ballsachs downgrade of the entire oil sector really took its toll on today’s sentiment. I fully expected the market to be rough-housed, to the tune of -150 or so. However, after coming back from my journey, I see the market is almost unchanged.
Surely, you didn’t think the oil and gas sector would rebound in the face of their abhorrent commentary, did you? You’re gonna have to wait for tomorrow to see that. In the meantime, the market can lend itself a hand here by simply defecating onto the heads of those who bet against it. It should behave like a lion and bite the heads off the zebra who brays, spilling its cheap blood on the land so that crops can grow.
I am deeply saddened, as well as chagrined, to see my CLR position getting manhandled in real time. Alas, this is the price we pay, lads, for speculation. There will be good times and then there’s now–the days when you wonder why you got into this tomfoolery in the first place. Sure, a person of my intellect, a man amongst apes, could’ve done anything short of testing roller coasters (I do not like heights). But I remain here, in the parlour of Satan fighting the good fight, punishing those who try to destroy America.
In summary, the Goldman Ballsachs corporation had merely tossed a broken chair in the way of my speeding calash. I will have my horses kick said chair to the side of the road and eventually eat it. My final destination is the cemetery, where I fully intend to dig up and dance on the skulls of my many enemies.
https://www.youtube.com/watch?v=3DkDpbuRc78
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Been listening to that Kaskade track all weekend.
Calash…BEAutiful (no Jim Carrey)
“My final destination is the cemetery, where I fully intend to dig up and dance on the skulls of my many enemies.”
Too funny, Monsieur LeFly, too damn funny.
goldman is signaling the short term bottom. Time to buy some oil stocks. Which I did this am
Tale of 4 markets
this trade down in oil is getting old and actually enlightens me to watch. the stuff is cheaper than shoe leather men.
the Gartman says $10 oil is possible … iow, the bottom is near or in
My momos have all died.
Goldman would be wise to not mark the bottom, but to mark the “almost bottom.”
I cannot see any other bottom for this atrocious fuel than $76. If I miss, I miss, but that is the line in the oilsands [no pun intended] where I buy like a madman.
Does granny Yellen sell her printing press on ebay this week?…No way, Jose
Yup, the Gartman put is now giving us a floor. Until he flop flips again anyway.
10 dollar oil….he really walked that comment back in a hurry. LOL.
I think this is a time to stay out of the oil patch.
Gartman would make a good Santa at Macy’s.
Jeeez, that’s funny.
Market is going to have a very nice drop later this week, after wednesday. It’s pretty obvious… I was bullish since the bottom, but bulls are acting like retards now. And fly, you are complacent about that CLR. My guts tells me it breaks to new lows, at the very least retest. Then perhaps real bottom, I don’t know really know and care. Consider selling Wednesday afternoon on the obviously dovish statement from that fat dumb bitch.