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SMN, I Hardly Knew Thee

by Danny on May 16th, 2008 at 2:24:37 pm

I have a small position in (SMN: 33.42 -0.39%), and it fucking sucks. The ag stocks have died and SMN goes lower. Even the non-ag components like (APD: 97.12 +1.76%) are pissing me off. FWIW, (PX: 94.19 +3.54%) is better. Although I haven’t lost much money on this trade, it is safe to say that is perturbs me.

It is like receiving a plate of fresh biscuits knowing damn well that there is no butter. It is like playing The Lottery next to a granite quarry. It is like buying CFC. Or worse, it is like listening to a baseless cricket without the infallible midge to offset.

Enough of that.

(POT: 210.89 -0.78%)

(APD: 97.12 +1.76%)

(MON: 120.21 +0.67%)

(SMN: 33.42 -0.39%)

Still long, chagrined, and slightly stupid. A glutton for punishment you could say.  Or a retard.  Soon, this colostomy bag idea will be over, at the famed “Death Line.

3 Responses to “SMN, I Hardly Knew Thee”

  1. anjing bau Says:

    FCX is a compnent of SMN…. same pattern as above….

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  2. Danny Says:

    yup…I like fcx (in spirit), but fuck them all…in spirit.

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  3. Mac Says:

    I like these charts, not to buy, just for studying purposes - they continue to have so many negative divergences that it seems like just have to move lower, doesn’t it? I don’t how many times a stock can fall on heavy volume and rally on weaker volume but still move higher. Maybe we are going to find out with these.

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