Today’s sell off is no different that the previous 10, which were met with frenzied buying sprees. Personally, I am waiting for overall PPT score to hit the 2.20’s, prior to adding more cash to this market. Historically, the market has bottomed, whenever the overall score hit 2.25 and below.
As an aside, “The Fly” is quite busy today, drinking large quantities of coffee, produced by the good folks down in Brazil. So you know, I enjoy drinking coffee from various places of origin, with marked exception to Russia. Their coffee sucks dick.
Thus far, The House that Gore built aka “global warming” has been an abject failure, unable to produce a single “killer ‘cane” in the Gulf of Mexico this summer. What kind of shit is that? Are we so far gone that we are now entering a new ice age? If so, I look forward to banking some coin off some egregious avalanches.
Finally, now is a great time to build a watchlist of stocks, hopefully with The PPT, for future purchase. Embrace the sell off, like a blanket laced with small pox, and soon enough you too will own casinos TAX FREE.
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what a useless piece of sh*t a web site
you can say “shit” here, fuckface.
Back to your monastery.
yup, still same sh*t
Looks like Tim got back from his vacation
FIG
Any thoughts on rare earth element miners as a ‘green’ economy thesis ?
Solar panels and batteries and shit need rare earth elements that could cause demand to outstrip supply.
http://www.zerohedge.com/article/rare-earth-thought-being-green-and-supply-and-subsequent-demand-earth-elements
My proddings into REE via Great Western Minerals and Avalon Ventures (on the TSX) have so far proven an abject failure. These companies, like everyone else in the rare earth elements industry outside of china, are at the “junior exploration” stage, meaning that you’re about as likely to get a payoff as you are from your local scratch & win lottery dealer. Best bet is to spread yourself thinly through the industry as much as possible, but even this may prove prohibitively expensive.
Take a look at Neo Materials NEM on the TSX
SQM
Lithium play
Hi Fly,
They have no coffee in Russia only big Bazookas…
BTW, wthat’ the PPT score now?
It’s currently 2.32
The PPT score can be seen in the upper right hand widget.
SVA has been #1 ranked stock in PPT for about a week now.
“China Bio” spelled differently is “I Bah Coin.”
I get most of my coffee from Willoughbys – the Ethiopian Yrgacheffe is fantastic. http://www.willoughbyscoffee.com/page/WCT/CTGY/UNBL
The market doesn’t wanna go down, look at the lift action. I will add more into the bell. $KFN is a rock star today.
Granville on CNBC… Priceless.
Always liked Uncle Joe, father of the on balance volume indicator.
Called the 1982 rally perfectly, knows gold stocks in and out, but overall sucks as a timer.
Did he say anything meaningful?
Sept and Oct will be up months.
TY.
HTTF (hail to the fly)
Russia has the best instant coffee on the planet.
Brazilian coffee blows. Cheap ass crap similar to Vietnamese robusta. Granted both will give one hell of a caffeine rush if that is your primary purpose. Agree with the earlier poster that a good Ethiopian arabica is da way to go.
http://www.starbucks.com/coffee/p98c4-brazil-ipanema-bourbon.aspx#num=01&id=brazil_ipanema_bourbon
Didn’t used to like Starbucks but this is good stuff. Full complexities.