Nothing spectacular, just a good start. It’s offcial, we entered the 2nd half of 2009 intact, with the Government in control and Dennis Kneale spewing garbagio towards the financial blogosphere.
“The Fly” entered the 2nd half of 2009 up more than 60%. For the day, he was mostly unchanged, due to some retards selling off Corning Incorporated [[GLW]] on good news. Some might call that “topping action”: I call it a buying opportunity. Truth be told, ahead of the 4th of July festivities, I do not expect much of anything from the market. As dick sucking retards trade in and out of FAZ to FAS, people with moderate to high incomes are planning weekend getaways.
What’s left of my small cap portfolio is worth having patience for, so quit asking if I “am still in.” I think Flotek Industries, Inc. [[FTK]] , Trident Microsystems, Inc. [[TRID]] , [[ENTR]] , Sify Technologies Limited [[SIFY]] , [[CNXT]] and Finisar Corporation [[FNSR]] trade higher; so fuck off with your snide remarks. Remember, my time frame is different than yours, as I do not rely upon making 500 day trades, in order to pay for my cellphone bills.
Going up the market cap ladder, I like GameStop Corp. [[GME]] , Ingersoll-Rand Company Limited [[IR]] , Corning Incorporated [[GLW]] , OmniVision Technologies, Inc. [[OVTI]] , TEKELEC [[TKLC]] , [[ARMH]] , Atmel Corporation [[ATML]] , Arena Resources, Inc. [[ARD]] and salesforce.com, inc. [[CRM]] . My only sector play is in the oil/gas sector, via [[ERX]] : I think it trades up to $37.
At the end of the day, life is too important to worry about head and shoulder top formations. People with lives, and worthwhile events to attend, invest with honor and dignity, which, incidentally, excludes all aspects of technical analysis.
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Are you still waiting for a better price to add to your GLW?
Anton,
Don’t trade GLW….just own the shit …..if it doesn’t take out $20 this year I’d be surprised.
All stocks are irrational and for asshats.
Feds going door to door looking for guns in Texas is what they call a “good start” too.
Long term, we’re still all screwed.
Is it me or does that stocktwitter box have an OTB feel to it?
Thanks, Bill. Fly had mentioned he was waiting for a better price earlier, so I was curious.
And yes, stocks are for asshats. Same as it ever was.
I Blew Chunks
Comments like this make Stocktwits worse than the most banal of Yahoo! boards (and I just pulled this off the box to the right a second ago, without searching):
Sooo god damn pissed I sold my $MESA 15 minutes right before the Delta court ruling and a quick doubble. There goes the new Audi.
(cough! cough! ….. Douchebag! ….cough!)
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Anton — where’s your avatar man??
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Jake, LMAO
Fly, out of curiosity, what did you ever do with KLIC ? I seem to recall you saying it was “a tell” sometime back in mid May if I remember correctly.
dude glw is not going to 20$ are you kidding me take your small profit if any and sell that shit as tec is soon to roll over to crowed your just a joe terranova wanna be as that jackass and rimm
Let them eat credit.
Jake – Getting a haircut. Want to make sure coif is up to the new site design’s high standards.
BTW, Mr. Taylor collects royalties on all his photos. But I think I can get you a good deal on some of “the clear” from BALCO.
GLW will be much higher than $20. You know nothing of glass.
Dennis Kneale just said a bunch of banks have already reaped the benefits of write-ups. He’s completely full of shit.
Puny
That’s true, only because they are now permitted to mark assets wherever they feel like it.
and you know nothing of revolution…hahahahahahahha…
we wil burn down fucking wall street…hahahahahahhahhahahhahhahhahahahahhahahahhha
thrillerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr…motherfuckers!!……………….
Here is a good WTF chart – KIRK
These motherfuckers sell picture frames and fake flowers. I would guess 100% of their crap is made in China.
KIRK went from a low of .69 in early 2008 to 11.21 as of today.
Go figure..
Fair enough, Fly. I just don’t think banks are categorizing them as “write-ups” as Dennis Kneale would like to believe. Ultimately, it’s the same shit, but a different pile. Under similar accounting rules, banks are still taking plenty of loss provisions on loans, credit cards, etc.
Cramer declared the housing crisis over, Kneale is declaring the end of the recession…and it’s all a guess at this point. Some stuff looking up, some stuff looking down. Both are a bunch of asshats.
Granted, I am a bulltard too, but I hate being on the same side of the trade as those complete retards, with all due respect to retards.
Fly,did you sell UNG stock?
That GLW better make a move soon.
GLW going to $20, ..I think TAP is looking good. but could pull back for a day or two and then move after that run up from the 50 day at around 41.70…..Still in the BAX and ESV and RIMM, f@$kin RIMM driving me crazy.
how much u think GLW OVTI are gonna hit, FLy?
Happy Canada Day, all! Spent the whole day with the gaffer, the wife and the in-laws ( ah hell, the in-laws aren’t so bad). Watched cardboard rockets, (after all, this is Canada, not N Korea) whistle off, had the odd R and C at home once the gaffer was out for the night. Say, Do you drink the rye whiskey in USA? Don’t get me wrong, I like the odd corn-mash brands myself once in awhile too, no doubt, but rye whiskey, well it just defines Alberta. Color of money here ($100’s). That and redneck thick-skulled gints (no offense, Jake) personify this province. And I am not so proud of the lattter, yet the former is at the very least tasty. Salut!
Puny – Why should it matter who is on the same side of the trade with you? Even perma bears and perma bulls are right sometimes. The tells are at the turns. If your P/L is moving in the right direction when the trend is changing, you are on the right side. If it’s not you could be early or you could be wrong. That’s when it hard. Take a breath and let go of the asshats.