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Boom! Sell Cawfee, Buy Gold*

CAWFEE
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10 Reasons Gold Kicks Cawfee’s Ass

1.  Gold is more stimulative.

2.  Nobody ever had a problem with Coach Gold.

3.  Chicks dig gold more.

4. Gold does not need to be vacuum-packed, ever.

5.  One year at Harvard:  45 maple leaf gold coins vs. 8600 bags of cawfee.

6.  Gold is actually the best part of waking up.

7.  Like cawfee, gold can be found in Africa and South America.  Unlike cawfee, gold can also be found in Canada.

8.  If Blackbeard ever buried a chest full of cawfee, do you think he’d bother with a map?

9.  Gold makes for longer lasting wedding rings

10.  Gold in a teeny tiny little cup is much more surprising and delightful.

But it’s not yet time to buy gold in size.   We’ll likely have some rebound from this oversold condition, but I think we’re in for some additional pain before it will be time to back up the truck once again.    Green Mountain Coffee Roasters Inc. [[GMCR]] , however, is another story.

gmcrdaily

Pay close attention to accumulation and distribution.  After price and volume I find it the most useful indicator of immediate action.

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*Just don’t buy gold right now, unless it’s just for a trade, then go ahead, knock yourself out.

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Selling Like Don Draper into the Close

Draper

Swisher Sweets are Smoo-o-o-o-ooth.
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I’d walk a mile… for a Camel… (and to buy that last piece of that January [[SPY]] put position– 50 more @ $2.89-2.92.)

Bryl-Creem, a little dab’ll do ya…. (just like a concentrated position in sold calls and targetted puts will “smooth out” the rough spots in a downdraft).

Winston Tastes Good, like a cigarette should… (so do 20 more [[GDX]] March 50 calls sold at $8.00 a pop.)

Rice-a-Roni, the San Francisco Treat…  (not unlike [[PTM]] , which has stayed strong — and unsold– while it’s brother PM’s have sweated.  That may change tomorrow, as I may take a third off, despite my lack of a full position as of yet.)

N-E-S-T-L-E-S, Nestles make the very best… (chocolate, maybe but not market hedges.  I expect we’ll have a bit of a global pullback, so even the traditonal consumer product hedges may be of little use.   Note that Brazil took a dive today from [[EWZ]] ‘s tops over $80.   A little [[EEV]] may be a choice smoothner her for a week or so.)

The best part of waking up, is Folger’s in your cup… (but maybe not Green Mountain Coffee Roasters Inc. [[GMCR]] if it breaks through this near term support at $60, right here.  Next very strong support is $55, which I would consider “back up the truck territory,” on a bounce.)

Best of all, it’s a Cadillac… (but not if you’re a GM shareholder, Ford Motor Company [[F]] is actually looking good here on a pullback to $8.50.  I’m sure Mr. Cane Thaler is well pleased)….

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Feel free to add some favourite (sic) advertising slogan-themed picks of your own.   I’m off to dinner at a fantastic local restaurant.  Ciao.

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