Isn’t it odd that Goldman ups Southwestern Energy Company [[SWN]] to its “Conviction Buy List” going into April? Gee folks, I find it incredibly odd, considering SWN has been down one April out of the past 21. What does that mean?
Answer: we are in a perpetual loop, repeating the same events—mistakes and all—and we don’t even know it. I am sure the Goldman analyst had no idea SWN is 20 out of 21 in April, but felt compelled to upgrade anyway. Or, perhaps an advanced race of aliens (not the sort that swims into America) are using our brains, via remote access, as some sort of sick/twisted science project. Maybe, just maybe, they are filming this stuff and broadcasting it back home—as a giant realty show.
Nevertheless, I feel compelled to ignore today’s rally. I am impressed with the Chicoms today, especially [[HEAT]] and [[SORL]] . And, I’ve been reading up on Mellanox Technologies, Ltd. [[MLNX]] and find myself fighting the urge to buy the stock, right here, right now. My current positions are doing great, particularly POSCO (ADR) [[PKX]] , ICICI Bank Limited (ADR) [[IBN]] and Adobe Systems Incorporated [[ADBE]] .
Natural gas is cheap as fuck. Write that down and remember to start nibbling at some natty stocks soon, prior to the summer hurricane bonanza begins!
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It will be done this week
Hell yes.
BAC….more cialis please…just one dem daily doses.
Fly you are dead wrong! you were bearish when SPX @ 1120
I was not bearish at 1120. Who told you such nonsense. To this date ,I own zero short positions. Fuck off.
SKF may be the ticket now. A little more reasonable than FAZ.
I can’t get enough of those realty shows. House Hunters International is the wife’s fav.
Market up, Faz up??
That’s FAZtarded or FAZtastic, depending on your perspective.
Goldman trumps that ugly fucking chart on SWN
Birinyi says the S&P is gonna bulltard it’s way to 1325 by years end.
So what was the one year it went down?
April of 1997
Thank you…
I thought the PPT was signaling a sell… that the market cannot keep going up!!!
Where is that DIP you Dipstick??…
The PPT signaled overbought ranges, never a sell.
Deleted
On a side note:
How many times do I need to make you fucking dipshits look stupid? For years, you fucking imbeciles come here and give me shit, only to be made a jackass shortly thereafter. Naturally, you disappear when things go my way and go my way big. But seep back here, like a fucking bacteria, whenever things are in “transition phase” for me.
You will be made to look stupid, ONCE AGAIN—as always.
Oh, by the way, I bought the bulk of my TLT position on 2/22 for avg cost around $89 aka not down 4%.
I am pretty sure that SWN is on the conviction buy list because God has sent a memo to GS about some nasty hurricanes this summer. Of course God owns some GS stock as a silent partner with Buffett.
Wow, getting thick in here. I smell a sell-off just out the door.
When the PPT seasonality tool is released, it will reveal the specs on the “perpetual loop”. Another win for The Fly. I hope it comes out soon.
Have you set a date, Fly?
SWN’s never been up in an April when they’re cracking shale for ng.
I am still having strong effects in the NPAC and we’re almost at April. This does not portend to a good hurricane season in the Atlantic. In fact, if I continue to maintain influence the 2010 hurricane season could be even weaker than 2009.
Take that motherfuckers
Sometimes I feel like you’re running a day care center in these here comments section. I wish iBC was subscription only as well.
I’m long till April 23rd.
Then “sell in May and go away, ” is when the bleeding will start.
NG is cheap, why do I want to buy it?
PS- Maybe Goldman tells the public different shit from what they tell the big investors.
NG is cheap, why do I want to buy it?
Uhhhh, “buy low, sell high”???
Buy-and-hold-anything has been killing it over the traders for the past 13 months…how long will that continue?
My q1 was acceptable. My basic goal was to get out of my longs from early last year and the market has been very obliging. Its all kind of anticlimactic as I can only assume that march 09 to march 10 will be about as good as I ever do in 12 mos. Oh well, it was a doozy
Fly
If you like MLNX—Please look at EZCH, they are located in the same town, but this one has a MUCH better story behind it — they are growing like a weed, are hoarding cash, very profitable and now selling to CSCO !!!
The industry they are in is super hot —see ya in the 50’s
I know EZCH very well. Revenue is too concentrated for me. I used to own it