3 I have taken a bit of a hiatus from blog writing, for no other reason then I am lazy. I walk around the inhospitable summer streets of NYC and think about all these phenomenal topics that I want to stuff down the throats of my readers, and of course, I don’t do shit about it. Reminds me of my trading at times, watching something then freezing and not pulling the trigger. Oh well, I digress.
The market has been a mean bitch, one could even go so far as saying a cunt of the highest order. I lost a quarter’s worth of gains in 2 weeks then made them all back. I love it. What I love even more is all the pikers who bash Sir Ben and short every rally as if the market is going to deflate tomorrow. Liquidity is high, money base is NOT exploding, and inflation is non existant. What the hell is wrong with you! stop bashing such a gentleman, who helped save you from becoming a caveman, because if ATMs had stopped dispersing money, which you can be sure they would have had Ben not interceded, then “I Am Legend” would have looked like a Disney film.
Into the down draft on the $SPX I held most of my long term positions like $RAD $APP $NES $VOD and even added to those. Well, as you can see that worked out wonderfully. Now that we are back up at the highs I have taken profits on a few names that I like trading. $SCTY has been a money machine and I bought some back today. $ZLC, an OA pick, I took a nice 9% profit last week and entered back yesterday and today, will hold till the double digits, which are inevitable. I also am in a super-crowded trade $DDD, I have no idea what to do with that and will wait till Raul3 and Chessnwine give me direction. It is ok to take direction from gents you trust, that’s how you learn. I also got long a small bomb, $OCZ, RaginCajun put this on the radar and it looks good.
I am currently on a conference call, and want to reach through the phone and punch people in the neck, but I refrain. As soon as this is done I am off to Jones Beach, NY for a night of gluttony, debauchery, and Phish. If you dont know who Phish is, or have some sort of sadistic hatred toward one of the best bands of all time, I urge you to NEVER read this blog again, for you suck.
Top pick: $ZNGA on the dips, I just pulled a nice profit and will continue to until it trades above $4
Good Shabbas.
3 Responses to “Back Then Hoes didnt want me, Now I’m Hot Hoes All Up On Me”
elizamae
How was the Rock and Roll?
I listened to the Crosseyed & Painless from PNC the other day and it was very encouraging.
I’m a product of mid/late-90’s Phish, so since 2009 the transition to less (improvised) jamming, and more structure has been slightly disconcerting when looking at a setlist. Then I listen with an open mind and feel like the improvised ideas are as good as ever.
I’m a total Phish nut, and have probably forgotten more about the band than most people know, so hit me up on the twitter if you want recommendations on shows to download or whatever.
dominator
Have a great time at Jones Beach, Just make sure you’re back at Pelican City by 9:30 am Monday (no homo).
Raul
DDD is a tricky one, we really should be buying it quarterly and socking it away for the real pay day, not trading it like degenerates. I bet that’s what hot shot fund manager Howard Lindson is doing.