I bought 500 FXP @ $70.51.
Disclaimer: If you buy FXP because of this post, Santa Claus will break your jaw for Christmas. And, you may lose money.
Comments »I bought 500 FXP @ $70.51.
Disclaimer: If you buy FXP because of this post, Santa Claus will break your jaw for Christmas. And, you may lose money.
Comments »It’s hard not to notice the recent divergence between the share prices of RIMM and AAPL.
For a long time, both stocks traded in lock step—with RIMM outperforming by a slight margin.
However, since late November, RIMM‘s stock price has plummeted, more than 30%, while AAPL presses higher.
Taking the iPhone into consideration, is it possible the iPhone is eroding some of RIMM‘s retail/pedestrian market share?
If not, RIMM is 40 bucks cheap.
Comments »Sure, why not go up a hundred today?
When insanity prevails, reason is discarded like an old banana peel.
For the most part, “The Fly” is not hurt by today’s melt up. My FXP purchase was all done under $71 and SKF is up, mainly due to financial stocks blowing pole.
Unfortunately, I am not a big believer in this rally—considering how dumb and foolish Mr. Bernanke’s beard looks.
But, I’m not selling anymore tech or ag stocks. My only form of defense will come via FXP or SKF purchases. If “The Fly” were to” sell it all,” and the market went higher, he might be forced to sell hot pretzels or knishes, on a filthy NYC street corner.
With my money, I like the oils, ag and networkers, limited to CSCO, JNPR and FFIV.
And, of course, I will use this rally to buy more FXP.
Viz.
Comments »Futures are a lagging indicator.
Comments »Ketchup is the favored condiment of poor people.
Comments »[youtube:http://www.youtube.com/watch?v=zCU2DeBxoAU 450 300]
Comments »There is not much to say, yet again.
“The Fly” will not be tricked more than once. It is scientifically impossible, as you know.
During the day, I sold loads of stocks, specifically VMI, VMW, SPF, CFC, ACF, GLF, FTK and RS.
Additionally, I stepped up to the fucktard plate and bought more FXP—and initiated a position in SKF (inverse financials).
Basically, Ben Bernanke and the Fed fucked Christmas. Sorry for the truth, but it’s useful—from time to time.
The silver lining: with today’s 300 point drubbing, we may get a sympathy bounce.
Use it to sell, then sell again.
Viz.
Comments »[youtube:http://www.youtube.com/watch?v=qaPHdisOQs8 450 300]
Comments »I bought 5,000 SKF @ $91.50.
Disclaimer: If you buy SKF because of this post, the Fed will become ever more oblivious. And, you may lose money.
Comments »The Fed dropped the ball.
I’m taking profits on a variety of names, which have run up in recent weeks.
With the proceeds, I’m “betting against China,” via FXP.
No one is happy with the fucktarded statements by the Fed. They’re oblivious to the real risks in the system.
Do yourself a favor, take profits, relax—then eat a sandwich.
Comments »