Much to my chagrin, Vale pulled out of the Xstrata deal, which would have fetched 90 billion. As a result, a bunch of asshole basic resource names are jumping off my screen, in anticipation that Vale will direct their guns at someone new.
From [[AA]] to [[FCX]] to [[CENX]], the sector is on fire.
Also, it appears the downtrend for the wheelbarrow dollar has resumed, following a small consolidation. With that, “ag plays” are on fire, led by oil.
Basically, today’s gains are due to takeover speculation and the “inflation story” being placed back on the front burner.
Although I am being flame broiled on my [[SMN]] position, I do have minor hedges, via [[DGP]].
Both [[MON]] and [[POT]] continue to steam ahead, thanks to the crap mentioned above.
In short, the bulls are making lemonade out of today’s poor tape, by running up the commodity plays. This is very good for their case and it may spill over into the general market, by 4:00.
Fuckers.
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While Martay and Jakey were soundly asleep, Calvino, the diligent trader was listening to Tricky Jean at 5 am. There was nothing tricky in his speak. Fuck you and keep your inflation at home Yankee was the sum of it. I am not cutting, the German exports to E europe and Asia are booming, your problem is your problem pal. The currency boys were running into euro intervention all night and need those two positives to break through 1.56 solidly. It is done. The intervention is constant and ongoing but the fx traders are not going to be fucked with on this one. They will push le euro up and they will be gunning for one sixty. This is an opinoin and may be completely valueless. If you buy euros, helicopter will raise fed rate 200 points at an emergency meeting while youa re all sleeping too.
GW & HK
EOG, SWN, DVN also doing well.
SWN just split 2-to-1.
We have corrupted your children’s food supply, and in return you enrich us.
Drink the rBST. Chew the roundup-ready corn. Mmmmm. It tastes the same, no?
You don’t realize it changes your body chemistry…do you? You don’t notice the girls hitting puberty earlier, or increases in allergies, or autism… We do. But we find the “evidence” inconclusive, so we choose not to distribute it.
Instead, we focus on the positives. We apply innovation and technology to help farmers around the world be successful, produce healthier foods, better animal feeds and more fiber, while also reducing agriculture’s impact on our environment.
How can something so wholesome cause harm?
It is the greatest irony of modern life – the very thing you need is the very thing that kills you!
We sue those who try to warn you. They are labeled as luddites…fools…paranoids.
We thank you for enriching us, while we kill you and your families.
http://finance.yahoo.com/q/bc?s=MON&t=5y
This world is fucked up.
I hope we go somewhere better when we die.
You do. Mercy triumphs over judgement!
Should we just plan a mass suicide then?
No. Consider:
“These things I have spoken to you, so that in Me you may have peace. In the world you have tribulation, but take courage; I have overcome the world.”
My connection to earth is getting fuzzy….
signing out….
from…
s…ome…..
wh…e.r.e…….
b.. e…t….t.e.r
……………..
Say you’ve held AAPL since 2/22 and you’re up ~ 22%. Do you wait and see if the bulls strongarm a recovery today, pushing AAPL past the 200d AND huge resistance – or do I dump it now and stop being a greedy fuck? I am assuming it’s going to sell off after this quarter.
somewhere better is but a pigment in ones fertile imagination
signing out …
from ..
planet niburu,
aka planet X
ps; beware the destroyer comet, due 2250
The QQQ’s seem strong today. Might be a nice way to hedge with some cheap calls?
Isn’t beer a commodity?
http://www.bloomberg.com/apps/news?pid=20601109&sid=agS7mdIK7mjg&refer=home
Fuck the comet. Our calendar ends in 2012 for a reason.
BanD-
dont be an idiot, you are up 22% in a month
Somewhere better for traders is Trafamadore – narrow spreads, always juicy premium & a lot more
2012 is overhyped. It will come & go like any year. Many will be ruined, many will be fortunate, many will perish, many will be born.
Same old, same old.
2012 is fucking paper. Go read the paper some more.
seriously, I’ve been dead. It was fine. The trip back is a complete bitch. Fucking hospitals.
spiffy skiffles.
Mister Easter:
Go fuck a bunny.
Null,
Sold. I was in fact being an idiot, thanks.
Ms. AncientMayanAstrologer: I realize you would be much happier if the world as most know it, perished; so you (and your 2nd hand, borrowed prophecies of armagedon) would have the petty earthly pleasure of simply being ‘correct’ & inheriting all that is lost from your brothers & sisters.
Go fuck a pyramid.