Just in case this new ‘Deacon of Death’ is able to muster up some circular activity into the Gulf and knock those stupid oil rigs offline, start getting long [[DIG]] .
Then, if you really want to get fancy, playing the oil/gas lottery, get long Global Industries, Ltd. [[GLBL]] , NGAS Resources, Inc. [[NGAS]] and [[PDO]] .
On the safer side, I like Arena Resources, Inc. [[ARD]] , Ultra Petroleum Corp. [[UPL]] and Southwestern Energy Company [[SWN]] .
Basically, the market is trying to trick everyone into making bad moves. Mother Market loves to bankrupt imbeciles with online trading accounts. And, even better, she loves to beat money managers to death, usually with their own charting rulers.
As you know, “Plutonium Petey” is still hedged and will stay that way until Wednesday. However, there are some stocks that he likes, such as: Equinix, Inc. [[EQIX]] , Southern Copper Corporation (USA) [[PCU]] and National-Oilwell Varco, Inc. [[NOV]] .
As an aside, I think Yamana Gold Inc. (USA) [[AUY]] is “homeless man going out on a date cheap.”
Separately, I believe Cramer pumped my Clean Energy Fuels Corp. [[CLNE]] , again. I refuse to sell a share. The shares that I still own are earmarked for long term investing, more than a 1 year hold.
Finally, it is quite odd seeing Fannie Mae [[FNM]] and Freddie Mac [[FRE]] spike like this. It’s almost as if the Government is prepared to enter the company at the equity level. If so, it would mean they (our gov’t) are dumber than anyone else thought, putting shareholders ahead of tax payers. However, it might give the market a short term jolt, until people with brains figure out how gay Paulson is. Then the market will trade down and make the cheese makers look like donut hole punchers.
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Plutonium Petey, hah!
yep Cramer did plug CLNE again, caught it flipping channels last night.
What about going long on our old friends at SGU?
This was a great company until some corporate asshats toyed with the books. Could be due for a nice pop, especially as winter approaches.
Time for Veritas to post some of those fancy weather charts in The Peanut Gallery. I guess he is in class doing some book lernin’. He should be the official ibankcoin hippy dippy weatherman (or person)(and apologies to George Carlin).
two times natty GAS to the upside….hnu-t
wow, that’s nuts.
http://finance.yahoo.com/q/bc?s=HNU.TO&t=1y
If my neighbor asked me to use organic fertilizer and pesticide on my lawn I would tell him to live with it or move. I still have about 50 pounds of DDT in my garage that I have to move out.
How about that old favorite NGAS?
I also caught crammer flipping channels last night, and at first I thought he was talking about The Fly.
He had a big sign that said “Save the” and a picture of a fly.
I had to do a double take.
Cramer also says Buy the Banks and Sell the Banks simultaneously, just like The Fly.
odd No?
Gustav is not going to finish off Florida, thank god. Mobile, New Orleans, Houston–different story. I updated my PG post with the latest models. Florida looks clear.
Speaking of death, get your hindquarters to the doc and give up the blood already.
I will get his blood in the middle of the night when he is asleep.
Gustav is heading right for the rigs.
I give it a 99% chance of doing some damage to the oil/gas infrastructure in the Gulf.
Oil should be up a lot more.
agreed.
NOV is a gift down here.
Tom makes me take a blood test once/month.
Lets see:
We got Russia out these threatening WW3, and a fucking hurricane in the gulf spinning faster than Permaidiots calling “bottoms”. Yet there’s Crude, trading up .49 cents.
I know a lot of you fuckers are wondering … “why ain’t dino shit going up?” If you haven’t figured it out by now, you had better start investing in CDs.
NEXT STEP, oil below $100.
BTW, California is insolvent!
Donny you worried about FDIC making you whole when the banks you bought those shit CD’s from go under? why CD’s not very smart investing considering its 100% taxable income? I would think with a name like Donny… you should be trading the long end of the strips curve broley (BRO-Lee)