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Technical Analysis, Momentum Trading — iBankCoin

Are You Kidding Me?

by RaginCajun on October 10th, 2008 at 2:31 pm

National-Oilwell Varco, Inc. (NOV: 17.86 0.00%) @ 21.00, they are giving this company away. Freeport-McMoRan Copper & Gold Inc. Freeport-McMoRan Copper & Gold Inc. (FCX: 17.60 0.00%) @ 32, are you serious?

Either this is the sale of a lifetime or it is the end of the world.

On a bright note, Apple Inc. (AAPL: 80.49 0.00%) is green and so are a few of the banks, I think I see the light at the end of the tunnel.

9 Responses to “Are You Kidding Me?”

  1. recusancy Says:

    I can’t tell if that note is serious or not, but if it is you should be hanging out with Jeff and the rest of the idiot tin foil hat crowd.

  2. RaginCajun Says:

    Not really serious. I could careless about Obama or McCain. I wrote that in spite of DT.

  3. Anonymous Says:

    RC, Bought NOV in the 24’s and 21’s today.Are you adding more NOV today?

  4. bluedog Says:

    In tough economic times like these you have to ask yourself, what would a Maverick do? *wink*

    I’m buying EXM, FRO and RIG down here.

    BD

  5. RaginCajun Says:

    nope done with my buys in NOV. I’m also done with my buys in FCX, although I would love to add here. I have a full position in both names.

  6. Jim Hawthorne Says:

    Actually, a plot it is…
    A most cleverly engineered bit of ethnic cleansing by Bush, Bernanke, Paulson et al at the behest of the conniving Southern Baptist Convention to dole out to all Papist, Catholic, Apostate Acadians a kind of monetary enema of sorts…
    Geez, RC… will Nova Scotia take you back???
    Seriously, what a day… Watch them miners!

  7. Blue Says:

    Hey BD, as always, I like your thinking! I took a stab at RIG this morning, didn’t last long : )

  8. JakeGint Says:

    CHK was the buy today. That leveraged SOB, Aubrey had to liquidate due to margin calls… that’s what was hammering it.

    _______

  9. muslimshitlitz Says:

    your muslim comments are out of control. sounds like
    your education is possibly a high school GED? and people take investment advice from you?
    nice way to blog. you are done in my blog reader.

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