For some reason they (bearshitters) think they will get away with this shit. You know, the “fuck the bulls during Thanksgiving” routine, via short sales.
While it’s true, our wonderful bankers gave them something to chew on; the market is still cheap–historically.
Like I said before, the best way to play this bounce is through the beaten down winners.
Having a touch of the “battered wife syndrome,” “The Fly” will excuse himself from any further dip buying. Instead, he will look to take some stock off the table, when appropriate, in order to preserve mental health.
However, if I were in cash, I’d buy VMI, GRMN, LZ, BWLD, GLF, CN, FMCN, RS and RIMM with both hands.
Additionally, it’s worth noting, what’s good for WMT should bode well for TGT. I think that fucker is cheap here.
I’ll have you know, TGT is a core position of Mrs. Fly.
Finally, understand that this is merely a relief rally and does not mean we will mud stomp the bears–from now until turkey day.
All I’m saying is: “kill the bear-shitters,” if only for one day.If you enjoy the content at iBankCoin, please follow us on Twitter