If I am lucky, and of course fortunate, VHC will trade down a few dollars, so that I can buy more. I am willing and able to make it a staggering 40% position, which will then be unwound, slowly, as it marches higher.
I am not hoodwinked by this rally and know it to be false. The market had to rally today, else all would’ve been lost. Reserving myself for a moment, the market always trades down the week of an election, at least it has done so 7 out of the last 10 presidential elections. Naturally, I will keep an open mind for Ben Bernanke to come out from retirement, to swing this market higher. I understand he is on siesta, lost in Mexico, high on mushrooms.
From my vantage point, there is no rush to buy equities, into an economy that appears to be spiraling lower, based upon recent earnings reports. I favor a few things, like housing, building materials, guns, maybe refiners. But for the most part, I wish death and destruction upon most publicly traded companies. We all are afforded the opportunity to burn in hell, this is theirs.
The entire market is relying upon the share price of AAPL. It needs to hold. As a point in fact, according to The PPT, AAPL hasn’t been this OVERSOLD since December of 2011, when the stock was $385. Unfortunately, everyone seems to know it, which makes a true bounce difficult, thanks to all the fucking retards in the stock.
Finally, I am very tempted to buy YELP, if only for a small taste. I love the company and made a fortune in it earlier this year. However, my urinal shadows are prohibiting me from doing so, telling me to “cop a walk you bastard; we’re not buying that shit again.”
I will try to convince them otherwise.
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Entertaining and insightful.
The market and economy are simple. Overvalued prices with companies making less money in the future only brings their respective companies stock prices down and thus value. You buy assets, equities, based on value… if you want to make money. In laymen terms….. the markets are going down.
I think you’re simple.
MCP just filed for bancruptcy…oopsie
DJ Molycorp Discloses SEC Investigation Launched in August
Hi Fly,
Would it be better to buy VHC calls? The spreads look a little wide.
Thanks,
buying calls on a friday is generally not a good idea
I really hope the Bernack reads your commentary. That would amuse me to no end.
Apple has patented the rectangle with rounded corners. I think I will patent the circle with right angle corners. Indeud!
FLY why dont u buy some AAPL, cause they are selling IPAD MIRRORS now!
http://news.yahoo.com/video/ipad-sold-texas-gas-station-193000866.html
My urinal doesn’t have a shadow just piss mints, and they never speak to me…damn.
OH OH I have to Share this, Panther another blogger just told me that Ted Knight twitted that he was going long on AAPL, LOL..can’t make this stuff up…
Oh, and that VHC…it kissed that 37.50 resistance we mentioned a day or so ago, and boom boom pow it went.
Don’t you dare talk about VHC.
Great Story, but that is just a heavy fibo resistance point for it. Algobots around that number..nothing more.
Yeah i got $ AAPL and ahhhh i gotta $VHC and dumb ah $VRNG.Hey Jim am i diversified.? CLICK!
Teasing the VHC like this may or may not benefit the future compliance of the company, but then again it may. It all depends on if they really care where their money comes from, and, if selling-out is still a trend.
Statement retracted.
The growth of small business is still a dream for the quiet fly who enjoy tinkering around anonymously and somewhat sheltered from the culture of confomity by styles of dress and attitude, while still pulling in enough green to pasture their yards, however; if Yelp can’t help these folk now, then maybe these folk need a different, more subtle and private internet experience? I’m with you on Yelp, I mean your perverted way of talking about what you do in the bathroom, umm, ….go with the shadows here.
?
I actually spend some time with normal people who are more interested in happy home-lives yet still doing the tinkering they are good at, — you know, the non-interneters, — without having the health department come in and fine them or have their clientele driven away by false terror alerts. Or most of all, not having a place of tinker to transact any dough at.