We are getting a fierce and ferocious bounce in oil related names. The stocks that have been the very bane to society might serve as its savior today. With 5-15% gains running strong now, there is a better than average chance it lifts the entire market higher today.
Keep on the look out for penis slicing reversals.
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$Z re-entered @ 112
covered $GPRO short looks set for a rebound
scared to hold $HABT overnight for fear it prints in the 20’s before the 40’s
Janet Yellen would love to help, but she has an early morning Jazzercize class.
You understand.
She’s in the pool – old lady water aerobics – no idea what’s going on outside the natatorium
Dead cat bounce, as they say. We will soon be returning to our regularly scheduled program.
Dr., do you have a favorite single name(s) or ETF(s) that you are following that will lead a turn higher in oil related stocks? Or just waiting for CL to hit $55
FANG, PDCE, PXD, SLCA, EMES, FMSA, HCLP
FUCK YEAH!!!! God I am so happy today. I was about to write my last letter to my loved ones. But I’m not ready to pull a Jesse Livermore. I’m to old to die yet My only other words today are: …………LETS GO OIL!!
The picture on this blog is me… in like 3 weeks.
Oil’s gotta get past the Dec1 resistance, otherwise just a dead cat bounce. Below $60 though is pretty hard to imagine.
In case one of you gent’s is in the mood to jazz up your wife’s Department 56 Christmas village….. http://www.ebay.com/itm/Harvard-Instruments-Small-Animal-Decapitator-Guillotine-for-Mice-Rodents-Rats-2-/321468992092?pt=LH_DefaultDomain_0&hash=item4ad90b8a5c
I look forward to meeting you someday.
velth – likewise (if you were speaking to me & not the guillotine)
I am guilty of nibbling today: SLCA, HCLP, SU, CNQ, BTE, even though my partner in Canada said “not today.” I bought more Apple yesterday.