I know some of you are beating off to the recent foray into red. You enjoy to see others lose money, because you’re hideous monsters with deformed faces and crooked spines. But, I will have you know, right at this very moment, an American Hero is watching over us Wall Street types. He’s like the Captain America of the stock market, always bidding when evil doers are selling.
This man is Dr. Benjamin Bernanke. He occupies a corner office at Citadel and is looking out for your best interest, even now, because that’s what heroes do.
The cynic in you doesn’t believe this. You feel he is simply wasting away, subsiding on roasted beef sandwiches and blunts filled with marijuana. But you’d be wrong. The good Doctor is going to get those bitches who sell us short. You wait and see.
In the meantime, I am being harangued by losses, chased down halls by serpents with forked tongues, off by 1.1% for the day. Banks and Netflix are doing well. I believe the time has come to be long SBNY in good size and simply sit back and wait for it to melt higher. Eat some yams if you’re comfortable in doing that. I am also looking at TCK: holy shit is that stock cheap. Or is it?
I have lots of ideas, clues and puzzles to wade through. I just wanted to reassure you that the market isn’t in any danger of collapsing. This is child’s play and will pass soon, like a Floridian thunder storm in the middle of fucking August.
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Ben is a hedged fund man now and he will strike down upon market detractors with great vengeance and furious anger.
the common folk use BAC.
I had to go into a BAC yesterday coincidentally, to cash a check to then deposit to my bank because I didn’t want to deal with the 48 hour hold. 2 tellers and a line of like 12 people around noon! The manager came over and said it was because more people do online banking. Only took me 25 minutes to cash a check.
During those 25 minutes were you or were you not being compensated for your time? (on the clock or self employed?)
It is hot down here today but the guaranteed afternoon shower will cool us off.
VNDA or SBNY?
Sbny
Praise be to Bernanke…
/genuflects
Bot WY, the trees just keep growing, for my IRA tuck it away acct.
NFLX over $700 looks all but guaranteed now. I just hope YELP actually gets bought for $85.
If you’re not the type of person that would benefit from the actions of Dr. Bernanke, you need to become one…
SAIC on sale today.
Come Friday, WING will be my largest position ever.
{doffing fedora}
Aye.