Damn you Mr. Monsanto and your evil seeds. Those fuckers have been poisoning people for a hundred years; but today they had to reaffirm guidance. Where’s the luck in that?
None, I tell you. “The Fly” does not like Mr. [[MON]] and his fucking seeds.
Like I said yesterday, when in doubt, short [[LEH]].
This is a perfect consolidation day for the bulls. The sell off is orderly and no real damage has been afflicted to key stocks or sectors. The banks are pulling back from a terrific run, and to fill their place; ag stocks are ripping higher today.
I must say, this is an impressive tape.
However, I just can’t shake the voices in my head, telling me: “yo, asshole, psst wake up. It’s all bullshit.”
So, I will slavishly buy more [[SKF]], [[SRS]] and even [[SMN]], while throwing seeds at my fucking trader/servant.
Keep in mind, down 50 doesn’t mean jack-shit. In order to regain control, the bears need to send the Dow lower by 200. Frankly, I do not see that happening today.Comments »