I know many of you are overzealous, anxious to get a piece of this runaway train. But you need to relax and shut the fuck up. The real move will present itself after 3:00. What is important to note is the strength in commodity related names, while commodities are lower. People are chasing stocks and not looking at the information. It reminds me of two weeks ago when most of you bastards were strapped tight in the FAZmobile heading for concrete walls.
Look, it’s very tempting to buy up some cheap basic material stocks, in the hopes of hitting one out of the park. But it’s important to remember the reason why those stocks suck balls. Coal is being displaced by natural gas, which is plentiful because Aubrey at CHK is a fucking lunatic. And, demand for steel is pretty much non-existent, ever since China stopped building “ghost metropolises.”
When I start buying again, I am getting long tech, in size. They have the best balance sheets and aren’t one debt refinancing away from total oblivion.
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yup.
Double yup. PATIENCE…
I put my stop break even ANR $8.41 to prevent it from displacing my dick
He that can have patience can have what he will.
The V.King Cometh
12-12-12
B.R.A., A2bKA “Sir Platonic Plateau du Technocrats”, offers written extradition request to M. LeFly for the above mentioned V.King to the micronation of Wynns Or.
What do you think of BIOL as a tech flyer?
china building pyramids, ghost towns.
with newly printed money
dont think the Fed news is much of a surprise anyway.
Nice reminder here, balanced with a plan, on board with the tech buys
But but but…QE 3 may consist of the Federal Reserve buying steel, iron ore and coal with its balance sheet. Not to mention these items may come in handy after the world implodes this Dec, leaving 1% of the population to rebuild.
thats chinas job.
Bullish, the Fed should SELL, not buy commodities for your version of QE3.
World implodes?
See you in October?
That was my thought.
Who else wants Fly to bring back Asshat of the Month awards?
Great call on the end of day flush out.
Cain, are we looking at the same market?
Heisenberg says relax. I’m relaxed, I’m relaxed.
i just had to take the rest of the day off…for personal reasons of course
triple yeup ,,,, I would like to buy STX again ,,,
I think samsonite hamburgler needs to show up YouTube style