I am scanning through PPT screens, which represents my brain activity through software, and I cannot motivate myself to buy anything.
I mean, lots of stocks look good. If I just landed on this garbage filled shithole of a planet and took a gander at the stock market, I’d probably say “hmmm, that fucker looks like it will break the fuck out, eeek, eeek, arr, arrr, arrrrr (alien real talk).
Right now, IR, TGT, HAR, LZ, XLNX, INTC, INTU, ALTR, VMW, FO, NYX, IEX, CTV, amongst a variety of other momentum stocks, look bullish. However, past mistakes are haunting me to remember the sentence that I have written on the white board in my office.
It reads: DON’T CHASE STOCKS, ESPECIALLY WHEN THEY LOOK GOOD.
Through years of flame broiling myself, in and out of bad trades, I’ve learned that the market is always wrong. When things looks great, typically, it’s time to sell— and vice versa.
Frankly, there are too many stocks up 100% in recent weeks that “look good.” The very notion of buying something, after it has doubled in price, in such a short period of time is— without a doubt— unequivocally fucktarded.
Remember, there are people out there who bought XYZ Corp. 95% ago. Be careful for the sharp edged pendulum swinging into your face.
With regards to the important matter of blogging:
“The Fly” is King of the Internets, as you well know. There are many losers out there trying to steal my thunder. However, I will let these maggots know, on a continuous basis, mind you, that you may take thunder— even steal it— but you must also take the lightning bolt that comes with it (whatever the fuck that means. It just sounds very ill-boding).