Forget about the Dow for a minute. I am seeing leadership stocks melting up. In tech, Apple Inc. [[AAPL]] , Research In Motion Limited (USA) [[RIMM]] , NVIDIA Corporation [[NVDA]] , Ciena Corporation [[CIEN]] , amongst others, are robust. Within commodities, from Flotek Industries, Inc. [[FTK]] to United States Steel Corporation [[X]] , they are strong.
The point here is this: do not be scared off by the hat fuckers on CNBC. This maniac market is one buy program away from a full reversal, which will rout the bears in burlap in the most heinous fashion.
The only stock on my buy list is Jarden Corporation [[JAH]] , due to my small cash position (less than 6%). However, if I had more funds to invest, I’d buy Nucor Corporation [[NUE]] , POSCO (ADR) [[PKX]] , TEKELEC [[TKLC]] and Ctrip.com International, Ltd. (ADR) [[CTRP]] , as if they were water and my fucking hair was aflame.
I have a few errands to run for the remainder of the day. So, be well and try not to step in any murderholes. They’re killers.
[youtube:http://www.youtube.com/watch?v=WLrrBs8JBQo 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
I did not buy x at 57 you liar
I just bought x a few days ago.
Did Jamey make you bring it to his coke party under the deck with disco lights, trance music, and bocce?
“Jamey?”
There are no JPM employees on the USS Jackson, though we may reserve the right to plant them in buckets of concrete and use them as harbor anchors.
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Jamey is your war name, from Civil Blog War 1 between the 190 degree zombies of Keurig and the bow-tied gold robots of El Dorado.
Ho hum
Buy program into the bell
Fly, someone told me that FAZ is a great company with excellent prospects. Do you think it’s a buy here?
Don’t stay out too long.
The reversal of the reversal is here.
I’m sure he’ll be back in time for the reversal of the reversal of the reversal.
fid
This market is being gayer than a three legged bear.
Go to the 0:50 mark. http://www.youtube.com/watch?v=76OgQ0iH_cA&feature=related
That bear walks like my 80 year old Uncle Leo. Only the bear doesn’t fall down.
I get black bears in my yard (3 acres), usually in the Spring, laying on the ground ripping the berries off my bushes in the woods.
“I get black bears in my yard (3 acres), usually in the Spring, laying on the ground ripping the berries off my bushes in the woods.”
I see you double-bogeyed English in Hah Skyewl.
Cliff Notes saved me.
That’s a funny vid.
This post caused the market to drop 70 points.
“This maniac market is one buy program away from a full reversal, which will rout the bears in burlap in the most heinous fashion.” – –
There could be a robot waiting to hit a large sell program too. Things go down faster than they go up
hey fly, just want to congratulate you on that 12:21PM post… it was exactly the “reversal” time of the SPY…
Not so fast, FUCKFACE.
The day is young.
BTW: Are you betting against me?
I think he was attempting to “lecture” you.
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I heard Fly is still buying the dips? Odd no?
And on a superior site ( I know that doesn’t narrow it down much) I heard that he bought X at 57? How’s that working out for ya?
Keep buying the dips friends, please just keep buying.
Have a lovely weekend, maybe read some reality blogs…here’s a link… http://market-ticker.denninger.net/
Ole “Catcher’s Mitt Face?”
A reality blog??
Yeah, like Devil Dawg’s bunker in Montana is a “reality” vacation spot.
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LOL. I miss his scathing retard calls. “S&P to 150, sheeple. P U”
Sold my tech names into that ramp in the Dow to -45….sold TKLC, TLAB, NVDA, TXN, NSM, TQNT, JDSU…but held onto QCOM, and bought some ETFC, MRK, LLY & BMY. Not shorting yet, but will look to on a push of the Qs over 44 next week….have a nice weekend.
Just watched Michael Pento on Yahoo Tech Ticker. The guy actually on point. His view is precisely where I see things going. Interestingly, he pushed SQM. There has been quite a bit of talk about that company. I am gonna need to watch it while I keep adding to my short positions.
Is this the same Michael Pento who loved MON in June of ’08 when it was at $120 ($75.95 today) because of a long term macro thesis involving food shortage? Sounds like the way you think, Milkshake.
Oh, I’ve hooked one, just a tiddler though, so I’ll throw him back in.
PS …buy gold…but wait til it’s back at 850.
TMoe remains busy today
TMoe shorts UPL at $47
/ES — S&P mini’s bounced off of 1060 again like yesterday.
http://www.youtube.com/watch?v=WWc0IJLGi0U
We ‘gon put you in the squeeze!
MRO is cheap as hell.
Not as cheap as JAH (6x FCF?)
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Not a big fan of JAH. Too much debt too little cash, revenue growth is absent. Had to raise money and pay a hefty 7.50% on 10 year notes. Don’t like the chart either.
Risk/Reward, I like MRO here. And XOM.
JAH is a cash cow.
Sold 2 U.
All of my posts pertaining to X, via the PPT
You wrote: 2/6/2010
9:54 PM
@ $44.78
Edit | Delete
“on immediate buy list”
You wrote: 2/8/2010
2:03 PM
@ $44.55
Edit | Delete
“bot 3,000 @ $44.80”
You wrote: 2/9/2010
9:46 AM
@ $45.50
Edit | Delete
“The OVERSOLD indicator wins again.”
You wrote: 2/11/2010
10:31 AM
@ $45.30
Edit | Delete
“bot 2,000 north of $45.90”
Fuck off bearshitter.