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Thursday, December 17, 2009
They have been wrong before!
Its getting weird out there so I may just sit the rest of the year out unless something outstanding strikes me. No new setups for tomorrow have a good one.!
Tuesday, December 15, 2009
Cha chink
Monday, December 14, 2009
Gore invents new tropical resort - book your reservations now!
Al please stop your making a fool of yourself. If you want some real 5th grade science look here, it blows your scam right out of the water. I guess your not smarter.
http://wattsupwiththat.com/2009/12/12/historical-video-perspective-our-current-unprecedented-global-warming-in-the-context-of-scale/
Tomorrow's pick is long UUP @22.68 Good Luck!
Thursday, December 10, 2009
Wednesday, December 9, 2009
Tiger's Wood
The nudie mag Playgirl is announced plans to publish naked pictures of Tiger’s wood if they can confirm veracity of the photos:
Ok Tiger you definitely win my celebrity meltdown of the year award. What you say you go to Sweden and put it on ice for a little while.
We got filled in the last seconds of the day which could be really good if she pops tomorrow or we just may be handed our head. See ya tomorrow.Tuesday, December 8, 2009
BO just morphed into my EX
Where do I sign up for one of these jobs. Big, big bucks to mutter insane strategies and get a chorus of "Yes we can" s from the room full of lemmings. Get yer Kool-aid here $1 a glass!
We did not get filled they are letting a small amount of gas out of the stinky balloon don't worry though they wont let it sink for long. Tomorrow's pick is long XLK @22.18 Good Luck.
Monday, December 7, 2009
A picture is worth a thousand words
Looks like today will end up going nowhere again and become another inside day of our sideways journey since early November. Bring me coffee Santa I'm getting sleepy. Tomorrows pick is IYT long @ 73.81 Good Luck.
Thursday, December 3, 2009
Wednesday, December 2, 2009
Ga Ga wants Da Da and Ba Ba
This has "Mommy Dearest" the sequel written all over it. I wonder if she said it with her best poker face on?
Today was booooooreing! More sideways trading, we need those Goldman dudes to start firing all those handguns they are buying themselves for protection in the air. Do you think they got the hint pitchfork and torch people?
No new setups better luck tomorrow.
Tuesday, December 1, 2009
A constructive use for hackers
There are three threads in particular in the leaked documents which have sent a shock wave through informed observers across the world.
Emails which show how Dr Jones and his colleagues have for years been discussing the devious tactics whereby they could avoid releasing their data to outsiders under freedom of information laws. The second and most shocking revelation of the leaked documents is how they show the scientists trying to manipulate data through their tortuous computer programmes, always to point in only the one desired direction – to lower past temperatures and to "adjust" recent temperatures upwards, in order to convey the impression of an accelerated warming. The third shocking revelation of these documents is the ruthless way in which these academics have been determined to silence any expert questioning of the findings they have arrived at by such dubious methods – not just by refusing to disclose their basic data but by discrediting and freezing out any scientific journal which dares to publish their critics' work.
Ok I have to get it over with, I TOLD YOU SO! There I feel better. If you haven't already heard about Climategate a few hackers got into the email system at the IPCC HQ. They leaked the emails between the top quackentists on the Internet and now the big dogs at the IPCC are dancing on hot coals (real man made warming). It all happened while we were eating our turkey so don't look on the TV for this story. Its being spun and suppressed like crazy. They can't tax the chumps if the chumps know this whole thing is a sham. Meanwhile our politicians (Including the Messiah-BO) continue to pontificate about what we need to do to stop global warming. Don't you just love how they lie right to your face with no remorse. Lets see if anyone goes to jail (I doubt it).
As far as the market is concerned we climbed back up to the top of the channel we have been in since Nov 10th. Todays pick did not fill and there are no new setups, see ya tomorrow.
Monday, November 30, 2009
Tiger by tail
Woods crashed his Cadillac Escalade into a fire hydrant and tree in front of his house at 2:30 a.m. Friday. He was not going fast enough for his airbag to deploy but somehow sustained facial injuries. In his web statement he said his wife helped him get out of the SUV after the crash. She told police she smashed through his window with a golf club.
Tiger you incredible dumb shit. You had the world by the balls and you blew it (or it you). That spilling sound you hear is your bank account draining. "Oh oh here she comes, watch out boy she will chew you up, Oh oh here she comes shes a man eater"(Hall & Oats).
Hope you all enjoyed your turkey but now its time to work. Tomorrow's pick is long SKF @ 25.59 Good Luck
Monday, November 23, 2009
Intermission
Thursday, November 19, 2009
Man vs Wild!
Knife - Check
Flint - Check
Water - Check
If you watch the show you know those are the three things you have to have to survive and they are in every episode (just like finding DNA/sperm in every episode of CSI). Its always better to be safe than sorry so I suggest you start preparing now. Don't say I didn't warn you.
Today we had a decent pullback although it seems like Timmy's big but is on the buy button here near the close. We never even came close to getting filled today but I have the perfect pick for tomorrow morning while you are clutching your cup of jo. Go long JO @ 39.87. Good Luck!
Wednesday, November 18, 2009
Dont go out without your rubbers!
Ok now the dweebs at the UN are really starting to annoy me. Global Warming (which was quietly morphed into " Climate Change" because it was actually getting colder), is a bunch of horseshit. Ask any good con-man worth their salt and they will tell you this scam is about power and money (the scient-quacks get the money and the bad guys get the power). If you can get enough of the tards to buy into this crap they will be able to control/tax the air you breath (literally).
It appears now they want to deprive me of creating my own beloved "carbon units", my kids, I prefer to call them "free loaders". And don't take my word for it, read this book (you remember those rectangles with paper in them) --- Heaven and Earth: Global Warming, the Missing Science ~ Ian Plimer
Enough ranting, today was a sloppy all over the place day, we took a haircut in the morning, but we got a good Waveride setup this afternoon. Go long XLK @ 22.20 Good Luck.
Gap n Crap
Tuesday, November 17, 2009
Indian Givers
I used to know a guy on the south side named Joey doughnuts that had a similar rate structure on his loans.
Today was boring, just some lackluster sideways action. Tomorrows pick is long DIG @ 37.13 Good Luck!
Monday, November 16, 2009
I will gladly pay you Tuesday for a hamburger today
If you remember this guy on the left congratulations you are an old fart like me!
I guess I should be happy about this news from GM but to me it looks like they took the money with their left hand, screwed the employees, shareholders, creditors, and pension funds, then are giving some of the money back with their right hand. The patient is still bleeding all over the operating table. Strange strange behaviour in corporate america these days.
Well we launched right out of the open as Timmy and Ben both sat on the buy button with their big butts after wolfing down their egg-a-muffs. Sorry about the quick bail this morning but my "spidey sense" went off and I wanted everyone to exit with at least a small profit. My hunch also proved correct because the pick went pretty much nowhere the rest of the day. No new setups for tomorrow so you have the day off to watch Ophra!
Cha Ching!
Friday, November 13, 2009
This just in - Angelina eating her young!
Someone stop her she looks emaciated and really hungry and shes reduced poor Brad to a stunt double for ZZ Top!
Ho hum sideways day today just like watching paint dry. Mondays pick is long DRYS @ 6.95 Good Luck.
Wednesday, November 11, 2009
War = $$$$
Yesterday I had to go purchase COD 2 immediately after I picked up my son from school. I was a "loser" because his friends dad had gone the night before and picked it up at midnight when it was released. This I was told put my son at a serious disadvantage because his buddy had all night to "rank up!".
Judging by the "boygasm" sounds my son was making, "this is sweet", "totally sic", "awesome I'm flying a friggin predator missile Dad" while playing the new game, the COD folks have a huge winner on their hands. I of course am annihilated in just seconds when I play the live version so at best I am left with only my son to protect me should the economy crumble and we revert back to the 14th century. A troubling thought I know.
Today it looked like we might take off but it fizzled out around 10am.We also made a tidy profit on today's pick! Could this be the top? Hmmmm. No new setups for tomorrow so I'm off to be cannon fodder for the 10 year olds.
Cha Ching!
Tuesday, November 10, 2009
Never bring your dates home on public transportations!
http://www.youtube.com/watch?v=GZS3dcgj0cQ&feature=player_embedded
That brings a whole new meaning to the term "Getting Lucky"!
Today was a day of indecision for the market and we formed a doji. It could go up or it could go down tomorrow I will let you know as soon as I find my Ouija board. Our pick for the morning is long IYT @ 70.34 Good Luck.
Monday, November 9, 2009
New Head & Shoulders Pattern Forming
Well look no further than the S&P500 which has begun to form the right shoulder of the famous head and shoulder pattern that the TA nerds are so fond of. Will it be the start of the crash and burn or will it defy logic again and catch all the short sellers flat footed. Only time will tell.
Meanwhile back at the ranch our pick did not fill as the dollar just got crushed today and gold has launched to the moon (good thing I bought a bunch in 07 when everyone told me I was craaaaazzzzyyyy. Don't even think about it I have mined the yard).
Apparently Timmy and Ben our resident useful idiots are hell bent on devaluing our buck down to toilet paper. This little move has of course made a mess of any setups for tomorrow so kick back and have a cold one!
Friday, November 6, 2009
Timberlake plans on putting his d%#k in a picnic basket!
Aykroyd is in negotiations to voice Yogi and Timberlake's in talks to voice Boo-Boo, Yogi's sidekick.
This is the luckiest dude alive. First Brittany then Carmen, Jessica, Scarlet and now Boo Boo. I am so jealous!
Lots of indecision in the market today even after the crappy jobs numbers. Mondays pick is long UUP @ 22.99 Good Luck and have a great weekend.
Thursday, November 5, 2009
Bean Burritos soon to be illegal!
That's right folks today cow farts, tomorrow my farts! This brings new meaning to the phrase "taxing the shit out of it". Al Gore stands to become the first carbon credit billionaire. Over 90% of the general public think climate change is a fraud yet our so called leaders continue to fritter away our time and money trying to pass legislation supporting this sham. I say kiss my carbon credit generator! Its torch and pitchfork time again!
We did not get filled today and we have no new setups for tomorrow so its Miller time:)
Wednesday, November 4, 2009
White Trash in SPACE!
(Reuters) – A growing storm of debris flying around in space is dramatically increasing the risk of orbital crashes, and steps to avoid them will add greatly to the costs of future space flight, British space experts say.
Their study into the future of space travel predicts that "close encounters" in orbit will rise by 50 percent in the next 10 years and by 250 percent by 2059 to more than 50,000 a week.
Apparently its starting to look like Fred Sanford's yard up there, don't forget to wear a helmet when you take out the trash.
Well this morning we rose until the Fed spoke and now we are falling, pretty boring. We did not fill so tomorrows pick is FAZ long @ 22.44 Good Luck.
Tuesday, November 3, 2009
New Chairs Installed in House and Senate
(AP) Dennis LeRoy Anderson pleaded guilty this month to driving while intoxicated in connection with the August 2008 incident in Proctor. Anderson told police he left a bar on his chair after drinking eight or nine beers.
Ah Ha!, now everything those politicians have been doing makes perfect sense!
Tomorrows pick is long SKF @ 27.53 Good Luck.
Friday, October 30, 2009
Stuck Pig
I guess my overstuffed pig comment was very timely yesterday because today it looks like the poop has definitely left the bacon. Honestly I just cant wrap my mind around the fact that these "financial pros" always act surprised when crap like this happens. Its intuitive to the general public, they are out of work and not spending, duh!
Well this plunge has made a mess of any new setups for Monday so have a nice weekend.
Cha Ching!
Thursday, October 29, 2009
Biggest Loser
Tomorrows pick is long REW @ 27.90 Good Luck.
Wednesday, October 28, 2009
Cha Ching!
Well the slide down the wall of worry continued today unabated by any insider meddling! The dollar is also on a tear, could the new carry trade be finished already? Who knows.
No new setups for tomorrow so I will just go home tonight and count my winnings. See ya.
Tuesday, October 27, 2009
My favorite train wreck!
Another pullback today wow the PPT must be on vacation or something. Cant wait to see what tomorrow brings. My pick is long DUG @ 12.80 Good Luck!
Friday, October 23, 2009
Swine Flu Cured! Only $29.99
Well the week ended sort of boring with a up down up down feel to it (indecision). Every one is still blowing out their stupidly low earnings numbers (can you say limbo) by cutting costs and revenues are down. No new setups for Monday so have a great weekend.
Monday, October 19, 2009
Sick as a Dog
Meanwhile the market continued its climb today (I read today its up 60% from March (holy bat shit Robin! )). We didn't quite get filled today and if you noticed my pick (DRYS) was the ETF for the container shipping industry. This guy should be rocking with all the crap coming in from overseas for Christmas. Guess what its not (hmmmmbug). Anyway I have to go cough up a lung now and since we have no new picks for tomorrow have a good one.
Friday, October 16, 2009
Busted Piggy Bank
Meanwhile back at the ranch the market recovered enough so old George Costanza didn't have to be quite so embarrassed by the end of the day. Mondays pick is DRYS long @ $7.23 Good Luck
Week long woody ends!
There are no new setups today lets just see how much we shrink!
Friday, October 9, 2009
ET Phone Home
Italian fashion house Giorgio Armani presented a new 700-euro ($1,032) mobile phone on Friday, a stylish device aimed at complementing the designer's suits.
This is sooo 2007. Yet another reason to hate the rich. I guess if I'm tooling around in a 1K suit I of course need the phone to match.
We appear to be at somewhat significant resistance now (S&P 1070-80ish) with lots of earning news next week. Lets see if anybody bought anything in the corporate world, that should set the tone for the direction the market takes. Mondays pick is long DRYS @ 7.05 Good Luck.
Thursday, October 8, 2009
Just another day in the Matrix
Over 70% of our economy is consumer spending (I'm not spending are you?).
Over 500,000 people a week are losing their jobs (Which would be why they are not spending).
Over 2 trillion dollars of commercial real estate loans must be refinanced starting now (Alt A, Option ARM) 70% are expected to default.
The domino effect of those loans will topple thousands of banks (FDIC is bankrupt), insurance companies, 401Ks and pension funds (which are all heavily invested in those loans).
Fantasy
Our leaders and all of the media say we are in a recovery. Where is Neo when you really need him?
Another nose bleed day to new heights and gold is on a tear (watch this some players know the jig is up). No new setups today sorry.
Wednesday, October 7, 2009
If its my purse you try to nab I will throw your ass on the slab!
The moon is only 86% full and the loonies are out in full force. Watch the video it is friggin hilarious. She/he decks the retard in one punch and he is never the same again.
Today consolidated nicely it looks like it will punch one way or the other real soon. No new setups Good Luck.
Tuesday, October 6, 2009
Freeeeedoom!!!!!!!!!!!!!!!!!!!!!!!!!
Sorry I couldn't resist Ive loved this guys stuff since Mad Max.
Tomorrows pick is long TZA @ 12.64 Good Luck.
Monday, October 5, 2009
Back In the saddle
On that happy note tomorrows pick is long QID @ 24.56 Good Luck.
Tuesday, September 29, 2009
Why I never want to be rich.
A quiet consolidation day today, our pick didn't fill and no setups for tomorrow so see ya.
Monday, September 28, 2009
Lets play doctor
It was the 70s after all and the chick is over forty now how much could her therapy possibly have cost ? Hell hath no fury like a woman scorned.
Lovely 18+ point rally on the S&P for no good reason what so ever today. The EW guys are going to need a new Cray computer to keep recalculating those waves over and over every day. The good news is this nonsense has produced tons of good setups for tomorrow. My pick is QID long @ 23.44 Good Luck.
Thursday, September 24, 2009
Supersize Me!
An Indonesian woman named only as Ani gave birth to the 19.2lb baby boy in Medan, North Sumatra yesterday.
You wouldn't catch me within a continent of that diaper!
Today was a nice follow through day down. What was the excuse? Oh yeah good unemployment news (a lower half million a week number), and bad housing numbers (ya think maybe the first number is related to the results of the second). We settled right at support 1050ish on the S&P. I wont get excited unless we punch through 1000.
Still no good setups for tomorrow sorry.
Wednesday, September 23, 2009
Levitation
Tuesday, September 22, 2009
Stumbling Bear
Nothing looks good for tomorrow so we get a day off to watch. Good Luck.