Mystery Solved Re: Fly’s Love for Wu Tang?
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Stung by yellow-jackets on Sat-ta-day, ruined by late night inept Giants football at hostile Lukoil Stadium on Sunday, yet still I rally with room to spare for the big city meeting with the mystery ex-pro ball player and current mutliple centimillionaire. Could be one of my biggest deals since I moved South. (drum roll)
I’m so hood, I just can’t help it, dammit.
And what’s more, the market continued to rally, including my goldbug darling ANV, much to my re-hedged chagrin. Thanks to my selling the calls on Friday, today’s almost $1.40 (5.3%) move felt a lot more like an $0.40 move. Ah well, we can’t all be supreme market timers can we?
I also hedged about 60% of my SLW position on Friday, but she was largely flat today. I do expect both names to climb back down the ladder very soon. I won’t even bother showing you ANV’s chart, but suffice it to say it looks like an arborist standing on a stepladder that’s perched on the radio tower attached to the roof dome of the Chrysler Building. Now if that stock gets bought out tomorrow, you will probably hear me howling in Canarsie tonight, and the Maldives.
All hedges aside, I was still up about 0.5% today, and the market is looking vaguely dispeptic. Tomorrow the Fed will send us into choleric spasms of one form or another, I’ve no doubt, and you know I’ll be watching the dollar for another breakdown from the $81 mark, like we briefly saw the other day.
That could set us off again to bulltard land, as I’ve been trying to relay to the agnostic bearish among us. What’s more, f we do look like it’s run-time, it won’t just be the metals. Yes, ENTR looks like it’s coiling for another sky-blast too. And if you still have CMI, well, keep it as well, ey?
Best to you all, my wooties.
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Did you sell calls against SLW to hedge?
why is reading you sometimes a lot of work? do you do it on purpose? edit dude, and just spit it out… this ain’t the Iowa writer’s workshop..what’s up with ANDE anyway? love it…thanks
Yes. Just like the ANV, but a smaller proportion.
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Sorry, that response was for Duck. (Damn Crackberry).
Baron —
With what parts are you having particular trouble? I tend to keep things above the daily comics level, somewhat naturally.
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I think he is asking you to dumb it down to a level that is more comprehensible to the masses.
No child left behind and all that.
I am afraid I’m not yet fluent in Pootey Tang, but I do have the Rosetta Stone CD’s for it.
Seriously, I recognize we have some English as a second language people on board, so I’m sympathetic (I’ve seen our hit counters and we have a global audience).
Just let me know what you don’t understand and I will try to be more clear.
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“dude” is a rather american expression, so I doubt the above poster is foreign.
But, I’ve been wrong before (no!).
You would be surprised. A lot of Indian and Pakistani guys use “dude” as an Americanism, even as Urdu is their primary language.
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Yes, Jake, only words of 5 letters or less from now on. Like this.
I hedge many stock in gold area. Cause less gain in money. Gold still up, so hedge no good. ANV high like man on top of thin tower. If other miner buy ANV, I will be upset.
And so on. See, it’s easy, you just turn off 98% of your brain.
Even a caveman can do it?
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I’m reminded of that Simpsons when Mr. Burns has Lenny in his office and goes: “Tell me why I shouldn’t fire you without using the letter E.”
CVM up big on rumours (sic) of a buyout.
Looks like buy out or flameout for that POS.
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I’m hoping the former as i’m still down about 60% on that shitebox.
Hat Tip, HF.
I just want to say thanks to the reader who mentioned RBCN the other day
well I didn’t go long as suggested, I went short
BINGO. nailed that shit. the chart was begging to be shorted
Ditto here. Didn’t short them (I don’t short), but took them off my buy list.
Thanks!
Now if you and Scott could just come to an agreement on the direction of gold, my life would be complete. 😉
Wasn’t suggesting a long … watch list for consideration as the potential bear flag was obvious, no?
Hey Teahouse,
I’m one of those “English as a second language foreigners” Jake was talking about, sorry if my comment was unclear. When you and Jake discussed these guys, I took it you were both negative on them and hence took them off my watchlist, so I was agreeing with you, and my thanks was not in any way sarcastic. Hope that clears up what I meant.
No problem … just didn’t want Sqid to imply that I was going long on that big red candle, that’s all.
den y’s doesn wi use eboniks mang.den we be fittin to go…….jojo
bullshit tape today.flat all day long while the whole world waited for some assholes locked in a room deciding fate.and look at the reaction. a whole lotta nothing. i guess everything is fine now that we dont have to produce anything in this country anymore,so will just keep going higher,cause were cooooL. just cant see what the celebration is. guess im blind too.
wat