Nothing can stop stocks from marching higher. Oil could go to zero and CAT would still press higher, selling their equipment to drillers who would be legally obligated to buy as per their ridiculous long term contracts. There’s a lot of good deals taking place these days (extra Trump), in spite of the fact that merger cancellations are up 62% in the United Steaks over the past year.
I’ve been unwinding my XLE short for the past week, and have reduced it to less than half of its original size. It was a bad trade that will leave a mark. But I’ve been through far worse and look forward to digging myself from out the hole–something I am rather adept at doing.
The Dow surged more than 100, NASDAQS more than 40. Lads and lasses alike, rejoice in the splendour of American capitalism, a brand of winship that is unparalleled throughout all hemispheres on Earth.
Coming up next: the retarded stock picks from our best hedge fund managers at last year’s Sohn conference.
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the poet:
Oh, the machines
The machines, The machines
the professor:
I’m shuore the negation of downdrift in the first 2 1/2 hours today was the machines deciding what to do on their own. In fact, upward movement was rejected and at least 5 times the natural downdrift was directly directly negated. By those ma-chines. Then a straight line so perfect unwaver 12-close. Very normal almost ultra normal squared.
I am Positive the machines did that on their own.
Na. Programmed. Ha. someone’s
programming it, fools
can I put in a request for le fly to review the movie Let It Ride since the derby is this weekend
Time Machine
Let it ride rocks. One of my all time favorites.