Don’t leave comments on my blogs, especially when you are just some jackass reader, with no more than 3 years of investment experience. I spit on you from 500 meters away.
Do not ever, ever, ever, question my market strategy, for it is weeks, if not months, if not years, ahead of yours. Actually, most of you clam fuckers don’t have strategies. All you do is look at charts and throw bricks at balloons, hoping to pop one with money in it.
Let’s go over a few things, all pertaining to the art of investing.
As indicated in a previous post, I sold out of a plethora of stocks this morning, in order to raise cash. Said cash has a dual purpose: to finance the purchase of future core positions/timely trades. And it will be used to lower the overall beta of my portfolios. With the cash, I bought more Goldman Sachs Group, Inc. [[GS]] , Cameron International Corporation [[CAM]] , POSCO (ADR) [[PKX]] and a little more [[VXX]] .
For the record, I am not looking for [[VXX]] to trade higher in the short term. The purpose of the VXX, like [[TLT]] , is to counter trend an up-ticking market. When will I sell [[VXX]] ? Whenever the fuck I am ready to or when the shadows near my favorite urinal tell me it’s time to blow out.
With the reversal in the market today, I sense a short squeeze is coming, which should force the burlapped bearshitters into egregious murderholes. However, the European debt crisis is not over, you dumb jackass. Do yourself a favor and get light or your wife is going to divorce your dumbass for losing the family nest egg.
At the present, I am looking forward to trading out of my Cameron International Corporation [[CAM]] position, north of $41. And, I think POSCO (ADR) [[PKX]] has a quick 10 points of upside.
The following is a paid promotion from none other Mr. R.W. Pelican, for no reason whatsoever.
[youtube:http://www.youtube.com/watch?v=xKlq8UWeI9I 616 500]
UPDATE: I changed my mind. I sold out of [[CAM]], north of $39.70
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