I bought 3,000 The Mosaic Company [[MOS]] @ $33.62, 3,000 National-Oilwell Varco, Inc. [[NOV]] @ $25.19, 5,000 [[UYG]] @ $10.27 and 5,000 [[TBT]] @ $63.14.
Disclaimer: If you buy the above stocks because of this post, the next time you visit the bullshit state of Florida, you will be eaten by an alligator. And, you may lose money.
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What the cock is this shit.
Bullshit state of Florida, easy now guy. Isnt Staten Island legally an Italian colony?
Fuck it, I just realised it’s just another bear market rally. Hell, I can’t call the bottom, no fucker can.
I closed all my long positions, and have gone short on this bounce.
Flies are sometimes dumb little insects!
Why are you neglecting PFE?
We just added Fundamental analysis to The PPT engine. Here is the data on MOS and NOV:
PPT Fundamentals
Debt/Equity 5
PEG Ratio 5
Price/Book 5
Price/Sales 5
Profit Margin 4
Sub Rosa 0
Final Score 4.78
PPT Recommendation: Strong Buy
PPT Technicals
Accumulation Distribution 1
Price Performance 1
Relative Strength 1
Volatility 3
Volume 4
Sub Rosa 0
Final Score 1.70
PPT Recommendation: Strong Sell
Hybrid Score: 3.24
Recommendation: Buy
RC special coming in WTI
http://www.kitco.com/ind/vaughn/oct142008.html
Got Gold, yen, franc?
The above was NOV.
Here is MOS:
PPT Fundamentals
Debt/Equity 5
PEG Ratio 5
Price/Book 5
Price/Sales 5
Profit Margin 5
Sub Rosa 0
Final Score 5.00
PPT Recommendation: Strong Buy
PPT Technicals
Accumulation Distribution 1
Price Performance 1
Relative Strength 1
Volatility 3
Volume 3
Sub Rosa 0
Final Score 1.50
PPT Recommendation: Strong Sell
Hybrid Score: 3.25
Recommendation: Buy
5 is highest possible score.
Fly – any estimate on a release date for PPT?
Late Oct. early Nov.
Well I would agree with PPT on the technicals of both, that’s the reason I have stayed away.
Thanks
That’s why I added fundies.
To actually have an idea what you’re doing, both fundies and technicals have to be on the table. Using only technicals will not get you in ridiculously cheap value stocks. And, when markets are totally irrational, like now, technicals are pretty much useless.
Having a hybrid is the way to go.
We spent a lot of time on the formulas.
off to get a fucking beverage.
For the new kids = what is the PPT? Is it a screener?
Does the PPT do ETFs
Sentiment Update: Go Blue !
Posted by Barry Ritholtz on Friday, October 17, 2008 | 11:00 AM
in Contrary Indicators | Data Analysis | Psychology/Sentiment | Technical Analysis
How is sentiment lately? It is insanely negative. I am going to give you three different factors — anecdotal, data driven, and media.
1) For most of the past 2 years, I have invariably been the most bearish guy in the room. This has been true whether I was at a meeting or conference, on TV, in print, or simply out having dinner. The lone exception were anytime Nouriel Roubini was also present. Then I would be the 2nd most bearish person in the room.
Lately, I am the most bullish guy in the room — and I have to tell you, that is just plum weird to me. This week, there were 4 separate occasions when I was in meetings, on TV, at a lunch, at a private dinner. Its very odd.
2) The October University of Michigan Confidence number is just shy of the lowest level since 1980. University of Michigan Consumer Confidence level is at levels not seen since the end of the 1970’s bear market. (Hence, my “Blue” double entendre). The telephone survey is compiled last week and as late as yesterday. It certainly reflects much of the market action over the past 2 weeks.
That’s right, we are as negative as anytime we have been over the entire course of the 1982-2000 Bull, or the start of the 2000-03 bear. Worse than the 1990 recesson, worse than LTCM or the Thai Baht crisis, worse than the tech and dot com crash, worse than 9/11.
That is some seriously bearish sentiment:
U. of Mich. Survey similar reading to 1970’s Bear Market low level
chart courtesy of FusionIQ
>
I keep hearing people say (anecdotally) there isn’t enough Bearish sentiment, but with equities nearly cut in half, and near 30 year lows at UoM Sentiment, this is just about as bearish as it gets. And that’s bullish for equities.
3) On a media note, beyond the Soup lines on the cover of Time magazine, this weekend I have to Tivo “Fall of the Fat Cats” on CNN.
The PPT scrubs over 7,000 stocks. However, we take out the bullshit, low volume, pennies.
It is a ranking system. And, it will be a place where yours truly will attempt to teach some of you unwashed type my tricks. It will be screener/ranking system/newsletter.
And, it will be cheap.
Long live “The Fly.”
Here, watch this video.
http://www.youtube.com/watch?v=8zBggu174SA
It will tell you absolutely nothing.
Ah Shit, who am I fucking kidding.
The fundies don’t take account of the shit this country is in. We could end up like fucking Japan, peaked at 40k on the Nikkei, never been near it since…8300 now.
Paradigm shift Fly-followers, one day Dow 9000 will seem an unattainable high.
I need another fucking beverage, I don’t know, sell, sell!!
Barry called the 2002 bottom.
Unrelated to stocks… I’ve been working with Amazon to sell music, and have been exploring their new customer acquisition and pricing strategies.
They are very aggressive about taking share from iTunes. Today, for example, you can buy the new Keane album for $2.99 and Rush Permanent Waves album for $0.99. They run these specials every day. In the last week I’ve purchased Lucinda Williams, Prince, and others at these very cheap prices.
I thought some of you might like to know about it.
http://tinyurl.com/5tymvt
with what frequency will data be updated in the ppt. both ta data and fundamental data? how far back will the data go? will there be privacy when accessing information?
This man will run over your ass, just like my DIG train:
http://www.youtube.com/watch?v=AmFM8MepDjE
Donny Wins Again!
The hedgies were done a little early today selling their crap.
Boomer, I believe one of Amazon’s biggest strengths is it’s ability to get and keep huge market share. it’s like a freakin’ bulldozer in overdrive.
Who is this ‘fake Fly’ dude who keeps ruining my reading experience today? Please, go eat a toasted government cheese sandwich and then throw yourself off the nearest balcony (hat tip to Swearingen for that idea).
BOOMER,
A friend at CAA told me that for most of their talent, iTunes has been the devil.
MOS and NOV seem to track each other closely. What about CLNE and RIG? What about some high divvy payers here? What about that shadow fly?
CRUSH the fucking PermaBears. de-Balling session begins!
Considering the OPEX fucker and low volume I’m suspicious about this move. That probably means we’ve bottomed.
The SPY looks like it’s forming a triangle, probably bearish, setting up one more leg down.
fuck dis rally
FLY’s gonna be up 100% here.
The elusive doubling of your money in a year!!!!!
Anton – the people working at iTunes are very smart and friendly. Nice folks. But the company’s policies are pretty restrictive and very little marketing support for its partners. Very inflexible. It gets frustrating.
Nice to come back from walking the dawg to fresh 10’s of thousands of $$$$$ !!!!
engine room – more steam !
off for a bike ride 🙂
Boom – Don’t know any iTunes folks, but have a couple of Apple designer and marketing friends. Good people. My friend at CAA is a lawyer and her comments, I think, have more to do with how much more pressure there is to find instant hits. They simply can’t afford to carry a lot of up-and-coming talent. And their established artists, in most cases, are looking at making a fraction of what they used to when people bought entire albums.
What do we think about 30 and 40 NOV NOV calls??
Fuck you Fly, Florida is an awesome place…It’s like 80 degrees here…perfect weather for the beach.