Fearing A Sell Off Into The Bell

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Man, what an awesome day! My book has been ripping, lead by AAPL. I am very happy for those who rode it the storm and are now erasing their losses on paper in names like YELP. It was great to get rid of it and have that monkey on my back, though I wish I could have been more patient. No need to cry over spilled milk. Let’s look at the possible shorts I mentioned yesterday, ELLI down 7.2% and CRWN down 3.16% The PPT wins again. I did not go short, just to be clear, but I am learning how to master The PPT in order to make profits. ‘Tis a tool only to be used by the most proper of gentlemen, why are you not part of the club? I am glad our fearless leader is out in front again, smashing the naysayers.

I laid in bed today, watching my losses getting erased, it’s wonderful being a bull, isn’t it? I plan to take the dogs to the beach in a bit as it is a beautiful day here in “The Bay.” The news driving this rally wasn’t that substantial and I think we have beat back the bears this week, though we still have a long battle ahead. I do fear a sell-off going into the bell, for 3 reasons:

1. It is risky being long into the weekend especially after a rally and because of these two

2. China is releasing numbers that are expected to be bad, but you never know with them, we may see industrial goods grow, or we may also see a drastic drop.

3. Spain just asked for help, no one has said where, when, etc it is coming from yet.

Be defensive gents, do not trust the Chi-Com’s nor the fucking Olive Eaters, they both look to sweep the coin rug out from under our proverbial feet if they get the chance. Indeud.

2 Responses to “Fearing A Sell Off Into The Bell”

  1. halfbloodpope

    This is a war of attrition against the bears. They have been hibernating all winter but nothing quenches my thirst like bear blood in summer.

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