Once again, Mother Market has decided to rip my face off—this time with a twist. First, the bitch let’s me execute Godly trades, then she proceeds to taketh away, via dickfaced coal trades and erroneous financial equity purchases.
For example:
Synovus Financial Corp. [[SNV]] was trading $12.68 at the close on Friday. Then, all of a sudden, the fucker just gapped lower in after hours and printed $11.35. What type of shit is that? The next day, BAM, another buck lower in your facia.
Moving along, I decided to get all union and shit and buy some beaten down coal names: Peabody Energy Corporation [[BTU]] and Walter Industries, Inc. [[WLT]] . Lo and behold, within 10 minutes of my purchase, I lost a gazillion dollars. Now you are probably wondering if there was a respite the next day?
Answer: of course not.
The bitch (Mother Market) is out to get me again. The only thing that seems to be working for me, at the present, is betting against the assholes in China, via [[FXP]] Ironically, I need those same scum bags to buy coking coal, in order to buoy the share price of WLT.
Look you, I just got back from a long/arduous meeting. Let me take a look at the market and get back to you.
Thus far, I am not a happy man.
UPDATE: Goldman Sachs says Berkshire to invest $5 bln in Goldman preferred; says its raising $2.5 bln in common stock offering – Bloomberg (125.05 +4.27)
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I hear ya!
Long FTO fly…..might be time for refiners again…..gl my man!
Buy silver and gold on the pullbacks…
SRS looking great here for an entry…
Fly, does your investment policy require you to be invested at all times? I don’t see any reason to participate in this market right now.
yeah, i noticed that one: you were short China with FXP, but long coal. China is #1 consumer of coal. Right now the shippers are hitting fresh lows, which is probably not in your favor. The BDI (baltic dry index) is heavily influenced by Chinese production. Hence, when shippers finally bounce, coal will probably squeeze higher. something to keep an eye on.
I told you to buy SKF last week, fucker!
Be careful with SRS. The REITs are trying to get added to the no short sale list.
Where is that bastard calling for SWC and PAL?? Dummy
What about gold boys, that is the way to play.
The draft is coming.
Cramer recommended gold last night so it’s probably due for a fall.
It’s the deleveragists vs. the inflationists.
What about my booty?
Oh boy! Jim Bunning is taking it to Paulson now.
How can I vote for Bunning? Hanky down and out.
Ihope cramer didnt talk about Citi Group its getting clown raped.
AUY to 9.50ish should be a good buy.
I can’t imagine how unhappy you’d be if your Mets had given up a grand slam to the opposing pitcher…
DB: Got a link to back up that REIT claim?
Where does it end????
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=alg9aFilHiIs
Looks like no more coal plants here in the US – “listen to me, i’m in the mafia”
http://www.politico.com/blogs/bensmith/0908/Biden_No_coal_plants_here_in_America.html?showall
Bunning for President.
Slogan–
Why Not? He’s already in the Hall of Fame, for Crap’s sakes!
__
BUNNING vs PAULSON bottom of the 9th bases loaded 2out..
Bunning takes the mound
wind up and the pitch strike 1 fastball right down the middle (and paulson kicks a little dirt around )
paulson back in the box
wind up and the pitch paulson knees buckle and brushes him back but the curve ball is over the inside corner strike 2
looking worried paulson steps back in and here comes the pitch , fast ball high and tight paulson knocked down ..just missed him ..paulson gets up brushes himself off ..disgusted that he got a little dirty
bunning winds up and the pitch ..change up paulson swings and misses the pitch in the dirt strike 3 your out
bunning fans give him a standing ovation as he tips his cap and leaves the field ..congress wins 1-0