I am working purely off intuition here. Might I preface what I am about to tell you with sheer facts: it’s almost impossible to game the Fed. Just when you think the market will tank, it reverses and applies THE IRON LOTUS to the heads of short sellers. When a melt up looks all but assured, it collapses like a cheap Chinese building in a really poor part of Mongolia.
I reversed my position and sold out of AMBA, for a decent 11% gain. In addition, I sold out of MTU and WETF, making that two complete sales of companies that I promised to “double up on” should the market decline. Naturally, if the market rises I will go down as the greatest fool who has ever existed on the planet. On the other hand, holding a 60% cash position, while up 32% for the year, at the onset of the summer and potentionally treacherous Fed day, well, that isn’t exactly a bad place to be, quite frankly.
The stark truth is I am yellow, afraid to lose. The man who risks nothing never loses. Having said that, I still have a monster position in IMMR intact and another tradable position in YGE, alongside a few others.
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Fools don’t hold cash, they don’t have that luxury
How do you feel about O and the reits down here monsiuer Le Fly
Like it, but after the fed.
Not yellow; prudent.
up till july 4th…after that, cash will be king till September
spx 1700 by july 4th
spx 1500 by labor day
spx 1700 by dec 31st…enjoy
Just yesterday you said the market would never go down.
Bond yields demand support or this entire house of cards collapses
Yields? so you don’t want “free money” via low interest rates allowing bankers to borrow and speculate on the market?
I feel like I’m watching Lindsey Lohan…will she take the crack pipe and go down in flames or will she take a half caff latte and have a decent day.
they fired your buddy.. I’m wondering what was said.
http://search.yahoo.com/r/_ylt=A0oG7kVEy8FRxlIAFGNXNyoA;_ylu=X3oDMTB1bmpnZ3F2BHNlYwNzYwRjb2xvA2FjMgR2dGlkA1NNRTIzMV83OQ–/SIG=13493urdm/EXP=1371683780/**http%3a//finance.yahoo.com/news/former-fed-governor-obama-basically-220325893.html
I got an idea… Open up a court case claiming Ben was unlawfully fired… They have to hear the case.
Then when they ask for evidence, supena the NSA for all documents Necessary.
my shorts are working beautifully
Could you post your positions and entry points?
and if it takes you more than 60 seconds we will know your lying…
loud buzzer sound
Fly Jr. posted yesterday! Congrats on your trades.
thank you. These obnoxious perma bulls and about to be made steaks.
Obama doesn’t want to take blame and neither does Bernanke… As such, Obama said “fine I will bring in someone else that can solve things
in spite of mein accordance withallah’smy Christian God’smy will.”Knowing when to deploy funds and when to hold them for better opportunities is just as important as good stock picking. I commend you good sir.
Installing the foundation for my new home in the Princeton area.
https://www.youtube-nocookie.com/embed/cFb0nLCKypg?rel=0
LMAO, Post of the day. They guy with the tambourine is the best part.
Mellow yellow… Lol
that’s the summary of todays tape in general ahead of the fed.
I kind of secretly hope Benanke (sic) becomes an insubordinate now… He reit-tires (sic) in 7months anyways and has nothin to “loose”(sic) now.
Maybe it’s just because I am bored in this tape.
Not even looking at the markets today. Getting so much pussy right now its crazy.
Such is life as a clutch three point shooter.
INDEUD!!!! Get it all RARYRAY..saved Bronny’s arse!!
Women weaken legs
LOL at the “ben’s got my back so the market will never go down again”
What’s pussy?
Something YOU Munch.