Fuck all of you coffin lovers. Me and my boy Swan are going to make some money soon, on the long side.
Despite this economy being the laughing stock of the world, it’s still not the shitter, like Russia and Europe, if you know what I mean. Quite simply, the rest of the world is deserving of a few hundred cluster bombs, dropped on their respective domes (you can use that phrase straight up or street slang, whichever you prefer).
While it’s true, President Obama is death to the markets, mainly because he is continuing and accelerating the bullshit policies of Bush. It’s also true that humans like to feel good about themselves, every so often. So, with the warm weather coming in and gas prices nice and cheap, we may be set up here for one fuck of a rally.
Either way, I will not invest more than 50% of my assets on the long side. Nonetheless, into a rally, you might want to bottom fish some cheap stocks, like PCR, ERTS, TTWO, CLF or fuck around with some levered etf’s UYM and TNA.
Believe me, I am tempted to buy 100,000 GE at these levels. However, their finance arm, GE Capital, is a fucking black box. I cannot put money into a black box.
For the most part, I want no part of the banks.
Other dice rolls include, but not exclusive to, UNH, HUM, FWLT, FLR, JNPR, WFR and ATHR.
UPDATE: Denninger is on fucking fire tonight.
Comments »