Oil is now up 6% for the session. Traders have oil barrels coming out from their ears, sending the Dow up 170.
My largest trading position is now PEIX–because ethanol isn’t made from oil. You can’t take a fucking rig to the farm and drill for corn. Farmers will shoot you for shit like that. Instead, you have to get all Frankenberry on mother nature and order those Monsanto seeds that will grow to 10 feet high without sun or water.
Moving on, I am tempted to sell all of my oil stocks–because I want to buy more. This is becoming very predictable. You know damned well that whoever is buying oil today will have their dicks chopped off tomorrow. Am I cursing a lot these days?
Good.
Biotech still looks sick. I was gonna buy some ALXN, but opted out. Airlines are down because you’re all retarded and tech is mixed. Frankly, if you’re not long a boat load of oil, you’re not doing much today.
Losers.
You know which oil stock is gonna run like a bat out from hell? FMSA. You can thank me later. I already own that shit, so I find no reason to throw more money into the flaming barrel of garbage.
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PVA looks nice.
No SCO/UCO flip-floppery?
Kinda wishing I didn’t sell ECR in the $7s now.
Not sure what you mean by sick.Gild caused a much needed reset.Have to go the basket route somewhat. FBT chart is a thing of beauty.See no reason why it won;t continue with the insane discoveries going on. CELG was a gift yesterday.