iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Pre-Christmas Presents

santa_giving_finger

Remember, don’t ask for any bullshit cawfee machines, kids!

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Sawry, I just got a bunch of deal docs dumped on me at the end of the day, so I haven’t the time to defenestrate lefties or argue the merits of very tiny disposable instant cawfees.  

You’ll just have to make due with two interesting ideas that popped up today.   Overall, I still think we’re just about to roll over, but that doesn’t mean you can’t corral some cheese goats in the meantime.

First chevre du fromage is [[TBT]] , which seems to be indicating that — sovereign debt crisis be damned — US Treasuries are not exactly the bargain of the year, ovah heah:

tbt-daily

A little bit overbot in the RSI, but one to watch.   Next stop, the 50% fib at $50.27 or so.

Besides our PM’s,  TBT is one of the best defensive stockso to hold for the coming currency dump.

Next, titanium producer RTI International Metals, Inc. [[RTI]] which I’ve owned off and on in the past, but own none right now.  I think the commodity play will be on in full force later in the year, but I also think steel is moving early:

rtidaily

 

Ciao, bella.

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29 comments

  1. The Fly

    i like rti.

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  2. The_Real_Hmmm

    Two steel companies have said they will raise prices on their products for the new year.

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  3. The_Real_Hmmm

    But what about the short term bonds that sold this week at 0.00% doesn’t that count for anything?

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  4. Juiceyfruit

    http://www.house.gov/apps/list/speech/tx14_paul/compcurr.shtml

    Ron Paul on gold/silver as currency

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    • Mr. Cain Thaler

      There are few politicians left in the world with the integrity of Ron Paul.

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      • JakeGint

        His son is running for Senate down here in Kentuck’. Collecting a lot of money using dad’s mo, too.

        _____________

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  5. JB

    “”Sawry, I just got a bunch of deal docs dumped on me at the end of the day””

    Excuse my ignorance, but mind if I ask what profession you are in exactly? M&A? Attorney? Finance?

    P.S. Love your blog, one of the few I follow daily.

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    • JakeGint

      I’ll take one from column “A” and one from column “C,” please.

      “Attorney!??”

      (Blanches)

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  6. etrader

    Jake you like IAG here back on support? I just bought some 16.29

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    • JakeGint

      I think you’ll likely get a bounce here, as 16.48 is the first fib (23.6%) on the two year chart, but I think ultimastely we pull back to the 38.2% fib line at 13.75 or so.

      Also a trend line around $15, so keep an eye out for that as well.

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  7. JakeGint

    Quick update — I added to shorts once again today and sold 2k more ANV at high 12’s..

    Added another 50 Jan SPY 110 puts at $2.41 at EOD

    Added 4k DUG at $13.28.

    I have NOT YET shorted GMCR. Not bot, either, though.

    Slante.

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  8. TA

    With all the put buying I was going to make a joke about stumbling into SOH by accident before I realized it was Jake but then I found this:

    http://slopeofhope.com/2009/12/gold-wimp.html

    Timmy predicted the fall of Gold too!
    Or maybe he just shorts everything all the time, either way it’s uncanny!

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  9. DMG

    that pic could be of the fraulein from just under the teets down (sans hair, avec finger)

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  10. NB

    New post alreadyyyyyyy
    shhhhiiiiiiiiiiiiitttttttttttttt

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    • JakeGint

      Lol.

      I’m glad somebody cares.

      Sariously, I’m working on a semi-opus.

      Warning — you may not like it.

      ____________

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  11. DMG

    god that was awful…(unless you had the over).

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    • dpeezy

      Y’all need to tell Hakeem Nicks to lay off those greasy finger foods. Catch the ball, son!
      See also: Manningham & (even) Steve Smith.

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      • JakeGint

        Yes, it was a cavalcade of dropped balls. Freegin Manningham needs to learn how to run an out route too.. (and keep his toes in).

        Oy!

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  12. Teahouse On The Tracks
    Teahouse On The Tracks

    December 13 OEW:

    “Been hearing this week that Gold is in a bubble (?)
    Was the Nasdaq in a bubble after it increased 15-fold during its 10-year uptrend from 1990-2000?
    Was Crude in a bubble after it increased 15-fold during its 10-year bull market from 1998-2008?
    Then Gold is beginning to enter an expanding bubble as it has increased 5-fold during its 8-year uptrend from 2001-2009?
    Did you notice both the Nasdaq and Crude increased 15-fold over 10 years?
    When Gold reaches $3750 in 2011, it too will have increased 15-fold in 10 years. That is now our target! How do we get there?

    The attached monthly chart displays the four Primary waves since the bull market began in 2001, and the current unfolding Primary wave five.
    When we calculate some fibonacci relationships for Primary wave V, in relation to Primary waves I, III, and the total advance of I thru III we uncover two interesting relationships:
    At $3490 Primary wave V = 4.236 Primary III, and
    At $3980 Primary wave V = 4.236 Primary I thru III.
    This is the range for the potential 2011 top. ”

    http://caldaroew.spaces.live.com/?_c11_BlogPart_BlogPart=blogview&_c=BlogPart&partqs=amonth%3d12%26ayear%3d2009

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