Last night I had a rueful rest, all due to those Chinese IPO trades gone wrong. I had a dream that I was being chased by dragons, spitting fire at me as I frantically tried to slink down and into a sewer pipe. Just when I thought I had escaped its wrath, peering out of the small tubular sewer drain that I was hiding in — the stupid face of the dragon appeared and incinerated me — and then I woke up.
I’ve been angry about that dream all day — mainly because I try to be brave and true during all moments of my life. The cowardice I exhibited in my dream must be some sort of message to me, perhaps I am mocking myself for cowering in fear by selling QTT. Or perhaps it means nothing at all.
Back to an important subject, such as what to buy during the Autumn — a wonderful and blissful time of year. It is, mind you, my favorite season, the harvest — the moments of the year when orange and brown festoon the countryside with the colors of metamorphosis.
Jeffrey Macke enjoys to discuss retail on Twitter and has since declared himself in charge of all things to do with consumer trends. He fancies himself an expert amongst idiots — traveling to and fro, snapping pictures of display racks and drawing delightful pictures with annotations atop of Yahoo Finance 10q print-outs. I am here to tell you that I will challenge him this fall for leader of retail — as I am a man of extreme style and panache — who has a keen eye for all things to do with high end and retarded end fashion. Having the advantage of cavorting amidst both classes, I consider myself to be a foremost expert in knowing what people want. I am the weathervane of Wall Street and that’s all there is to it.
Courtesy of Exodus, here are some things that have me interested in this trade.
The overbought-oversold oscillator is at the lows, an implication that the apparel stores are in fact stressed to the downside.
Retail stocks have recoiled to the tune of 8% the past two weeks.
From a seasonal perspective, September is a bag of dicks for apparel. This is typically a good time to barrel into high end fashion.
And here are the only high growth companies in the sector. Ignore everything Mr. Jeffrey Macke says and only focus on these merchants of Chinese manufactured textiles.
It’s hard to say, truth be told, if Le Fly will actually transmorph into a retailFAG, eschewing the wonders of SAAS. But in my head, at this moment, it seems like a nice windy narrative to travel down — the type of story you might tell your grandkids 30 years from now — when the Captain of Bloggeries, the best trader alive, decided it was time to pivot away from SAAS and into Apparel and killed it in the process. These stories would normally get lost in time, so make sure to maintain journals and keep them tucked away in the attic for some antiqueFAG to recover 100 years hence. Our stories will live forever.
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BGFV is where it’s at.
What is your target on that? $7 or 0?
Your dream means that you will get an enormous boost in your progress toward financial success from a powerful and influential personage. And if you don’t know such a big wheel, you soon will. Prepare for a phone call from It Is Showtime.