 | My win was very short-livedby patrick on June 25th, 2008 at 8:11 pm |
(7 votes, average: 4.29 out of 5)
Loading ...Soooo… Yesterday I tried to call a short-term bottom in the market. Today I received the perfect storm; Bernanke doing absolutely nothing while buyers coming together in full force to give bulls some hope. I did not expect such a weak showing, though. Its almost as though the Bulls have lost all hope. Tomorrow we will be down, and the S&P will drop below 1300.
While most bastards on this blog are too coward to admit their mistakes/defeats, I will take it like a man. Tomorrow, [[REW]] will run. Furthermore, you can never have too many oil service stocks at your disposal. Just jump over to Ragin’ for those black gold gems(hat tip [[TTES]]).Â
Therefore, without further explanation, I will eat my French Toast like the boy that I am.
Â
It was a valiant effort. For that I applaud you, with one hand.
However, let it be a lesson to you and others about Fly’s winning ways.
June 25th, 2008 at 8:15 pmHey don’t give up so quick son, you were my inspiration to write about a potential short term bottom. Of course that was with hope Ben would not be insane in the membrane.
I think there is still a small chance of a bounce…if we break 1300 as you say all bets are off.
June 25th, 2008 at 8:53 pmRIMM us just looking disgusting right now. I know that at least the NAZ will be pulled down from this flub.
June 25th, 2008 at 8:58 pmGood for you Patrick. Many’s the time I’ve had to eat my French toast, hat, whatever. That’s life, and that’s Bernanke. I blame it all on the Bearded One, goes up, or goes down, I blame it on the Bearded One.
June 25th, 2008 at 9:31 pmI was almost in your boat yesterday Patrick. I couldn’t, however, bring myself to believe that the market would appreciate any decision le Beard & Mr Hanky the bankmas pooh would make, so I stayed cash. You know, le beard has “fuck you” tattooed underneath his mustache.
Nice vid by the way. Thats the way the cookie is gonna crumble for the next few meetings. At least there are no more QID / REW killers left…
June 25th, 2008 at 10:00 pm