Fuck horses. Don’t ever ask me any questions about them.
While stupid bitches on CNBC espouse exuberant bullish behavior, “The Fly” chuckles, not laughs, at them.
I’m joining the party on some retard names, particularly [[RACK]].
In addition, I am buying [[NOV]], like a Texan at a gun store.
Sometime this summer, the market will collapse, in record fashion. All of the lemmings are bidding up [[CLF]], [[X]], [[BIDU]], [[GWR]], amongst other “insane stocks,” as if they had no brains.
I understand the premise behind going long [[C]], [[BAC]] and [[WB]]. But, buying the “global growth story” after 100% moves is asking for trouble.
Case in point: [[CMI]].
Understanding the market is operated by a bunch of coked out malcontents will help you make better investment decisions.
For example: good news is great and bad news is better.
Case in point: [[FNM]].
At the end of the day, the market is just a myriad of emotions, clashing into one another. Don’t get too mad or too gleeful. All you need to know is the refiners will trade down to zero, as oil melts up to $400.
The refiners are the new airlines.
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