I am filled with questions today. Pardon me as I take the day off and let you answer all of the questions.
Look at all of them oil stocks up 15% today. Aside from The Devil, who called me the other day to tell me he was long oil via OAS, I know very few people who had the guts to step into the Saudi sandbox a week ago. Had you done so, and exhibited a modicum of internal fortitude, you’d be up 30% today.
Alas the joys of end of world trading volatility. Oil stocks trade down, uninterrupted, for 6 straight months and then explode by +30% and we’re all supposed to get excited about it. Well, pardon me once again if I opt to not give a shit and instead favor loafing about the house in my robe, drinking coffee and throwing pastries onto my neighbors lawn.
Stocks sucks. I have 25% cash left. God willing I will add to my positions in a timely manner.
That is all.
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Someone asked me what I thought about “UWTI stock” today. That’s a great sign.
The all-clear hit with Gartman’s call for $30 crude
He also said it could go to a nickel.
the dude is as good as $$$CASH$$$ on the barrel
I’m worried that Gartman might start cutting.
bought more at “lows” because I tried to make a bottom call to early……averaged down……….did so out of necessity not any type of intelligence..started buying mid july
too
I miss the devil. Shit blogger but man he’d nail trades beeeg time.
The Devil made Fly be his secretary, and do all his typing for him. I respected that.
so FLY, are you an OILMAN??
I followed the oil buying, nice stuff 🙂 I’m selling today though, that’s the end of my intestinal fortitude on that trade.
Since you Senior Le Fly are timeless and been around before the invention of this market of stocks, remind these pikers that when something goes up 30% in a week then what happens next.
yea yea..big selloff…we know..I suppose youre shorting oil here right??
Talk about ham sammiches