Smashing Machine

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We are still within the “Smashing Machine.” You never know what is going to happen, correlations are all messed up, Dimon sashayed out of the senate hearing as if he had just got an A presenting a book report. I’m tired of hearing about him, CNBS [sic] is loving this. Volcker rule this, Volcker rule that, I want to hit bankers in the face with a bat (except for my mom). Talk about a double standard, get caught with an ounce of pot = prison, losing shareholders billions of dollars = walking free. What the fuck is that all about? I feel like taking a shit load of risk now because I know everything will work out, yeah right. This shit has to stop!

I had breakfast with DrBigBoss and a CEO of a potential investment today. ‘Twas good to be away from my computer for awhile, out in the real world, watching the peons go about their days, with all their worries and wonders floating through their heads, having no clue what the elections in Greece over the weekend could mean for the economy, and for the world at that. I covered some of my chinese burrito today, a mere 300 shares, just to give myself a tiny little cushion. The only other trade I made was to buy some June 15 $5 ZNGA puts. Last time I had ZNGA puts I made the most profitable trade for me so far this year.

Eventually, the peons are going to rise up. Not the Tea Party, or OWS, but the moderates, those who are rational and act with logic. Eventually you can only take so much bullshit until enough is enough. When we rise, I fear why we do so, and what the outcome will be. Sorry to be so apocalyptic, but these are scary uncertain times, and the train can come off the track at anytime. Enjoy your time within the “Smashing Machine.”

8 Responses to “Smashing Machine”

  1. i’d say 75% odds that company we met with was a essentially a fraud about to be forced into raising capital. Good times though and glad you could make it.

  2. Load up on high caliber weapons

  3. I’m def gonna see what the deal is with those scientists, and I’m gonna call PWC.

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