Just make sure this snooze-fest doesn’t transform into some sort of fucked up noose-fest. For the most part, I am up today, thanks to my outsized WNR. However, most of my stocks are down, reversing lower after opening green. I fucking hate that.
Breadth is negative, with just 49% of stocks inside of The PPT green.
I don’t have a sense of urgency to do anything just yet. It’s early April and equities are supposed to trade up. Should we trade down for a few days, so be it.
In the interim, I will continue to accumulate refiners, as their prospects have never looked brighter. Did you know that WNR stands to make more $$ per barrel, in 2011-2012, than all domestic refiners? So, tell me, small pleb, WHY THE FUCK IS IT THE MOST HEAVILY SHORTED?
Answer: to be continued.
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Fly.
i know you have a crystal ball, who could be interested in WNR as a takeover? Do you see M&A in the refiner space this year?
more mad science.
http://www.marketanthropology.com/2011/04/where-rubber-meets-road.html
interesting and well written – but way over my head.
Short transports relative to the s&P?
Long dollar?
Long silver relative to gold?
Adding a little more WNR, just a little dab more.
Fly, could you also clarify why the institutional interest in WNR is the lowest among peers (you mentioned it in earlier posts)?
This market has the feel of death.
Weird… I have a felling we are gonna rally into the close
“feeling”
thats because you are bullish.
This market has the feel of setting up for another pop above 1337
I am extremely snoozie today. I cannot shake my generally agnostic outlook, so I sit
I am making money with WNR. If I had been smarter (or less dumb) I would have bought when Senor Fly said to buy. And if I had any nuts, I would have bought more. Having said this, I am making money thanks to Fly and ibankcoin!
So having said those nice things, what gives with FORM? Sucking the last few days. Hanging on but barely.
WNR does stand for WINNER! not wiener. Flying high in April – shot down in May – that’s life – that’s what all the people say.
more like a SHIT FEST gpl, godamn head fake, even when she was giving head.
I will answer your questions shortly.
oh, and i expect more shorts to climb on.
TXN halted for news and SMH is soaring in AH.
No idea.
WNR, today I like it. Silver will not be stopped. When “real” US unemployment hits 50%, next year, silver will be at $400/oz and all gold will be confiscated by the Obama regime.
INTC will face pressure to buy.