So many of you losers were in love with [[ELN]], because it had a ‘dreamy’ chart. See where it got you, fuckface?
Making financial decisions based upon charts is equal to marrying a woman solely on her looks. For those of you who have been taken for “half,” you know that’s a bad idea. Sure, she may be nice to look at for awhile. However, eventually, she gets old, turns bitter, then takes you for “half.”
Investigate the companies you are buying, goat lovers.
Personally, I admit taking a “gander” at charts, mainly to view past history. I like to see how a stock reacts to good or bad earnings. This way, I know what to expect.
Every time I buy a stock, I write down the expected return and ‘worst case scenario.” It is important to understand your stress levels and how much risk you can incur, on a single or series of trades.
Enough of that.
Thus far, I’m quite pleased to see the unemployment rate up to 5.7%. Rick Santelli went on quite a tangent this morning, when he exploded and chastised the delusional CNBC panel for trying to paint the pig gold.
Look, a loss of jobs is a loss of jobs. It’s not a little bit good. It’s all bad.
Jobs are the life-line to the economy. Remember, our government has socially engineered us to spend all of our savings, in order to support bridges that go to nowhere. However, their plan gets a little rattled when, all of a sudden, we are without jobs. This will panic them.
Expect to see more stimulus checks, going out to idiots with plasmas on their brain.
The government sending out money to people, so that they can buy shit from [[BBY]], so that BBY can pay the government taxes, is equal to [[MER]] financing the sale of their CDO’s to Lonestar.
I’m just saying.
With my money, I want to buy [[FXP]] here on the dip. Wait for [[CHL]] to roll over, then jump on it. And, I want to sell short [[TCB]]. In my opinion, fair value is around $10, or less.
Oh, I also like short [[VMC]].
NOTE: My [[CLNE]] looks great here.If you enjoy the content at iBankCoin, please follow us on Twitter