Play the Ranges

As you can see, my timing to step aside is impeccable. However, I can’t take full credit for such market mastery. You see, I am assisted by the best analytic engine known to mankind, better known as The PPT. Many of you are too stupid to understand the intricacies or find the sub par newsletters of James Cramer or The Motley Fool to be a better alternative. However, as you unwind over a nice mug of steamed garbage, Le Fly is eating grapes and guzzling down champagne, as if it was Poland Spring water.

Green Mountain Coffee Roasters Inc. [[GMCR]] posted good numbers and guided up. As a result, the shareholders are “enjoying” a nuclear winter today, down 10%. This is exactly what I was looking for, in order to initiate a position. Additionally, with 3Com Corporation [[COMS]] being bought out, people think Brocade Communications Systems, Inc. [[BRCD]] is no longer on the block. WRONG. Brocade Communications Systems, Inc. [[BRCD]] is a good buy down here.

What else do I like? Let see….

I like POSCO (ADR) [[PKX]] under $110, [[CBD]] under $62, Mechel OAO (ADR) [[MTL]] in the low $19’s and U.S. Global Investors, Inc. [[GROW]] @ $12.

By the way, have you seen my W.W. Grainger, Inc. [[GWW]] today? It’s not really going down with the rest of the market, now is it?

I own 1,000 Ctrip.com International, Ltd. (ADR) [[CTRP]] from $55ish. I intend on holding those said shares indefinitely.

Finally, I want to make something clear. I am much more interested with the overall tone of the market, than specific names. I am timing the peaks and valleys of the Dow and s & p, in order to calibrate my buys into my favorite names. In short, with another 2.5% down, I will be ready to put my coin back to work. Until then, me and my coin will sit here, sipping on tall glasses of hot hot Earl Grey Tea, mixed with heavy cream, while chuckling at the buffoons on the teevee going “full retard” on this market.