Monday, November 30, 2009

Tiger by tail

(Reuters) On Sunday, Woods cancelled his third straight scheduled meeting with police to discuss his crash, and instead posted a brief statement on his website saying he was at fault, is embarrassed, wants privacy and would make no further comment.

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

So instead of watching the wheels come off of the economy this week I am going to enjoy family, friends, food, and gun cleaning. As you can tell by the utterly absurd opening today the market will be heavily manipulated and I will be just watching. Oh buy the way my kid is entered in a rocket drawing contest and needs to build up his fan base. Just click on the link http://www.artsonia.com/ and enter liam918 in the artist box. He will greatly appreciate your votes. Have a great Thanksgiving see you next week.

Thursday, November 19, 2009

Man vs Wild!

(TelegraphUK) Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction.


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!

(AP) The battle against global warming could be helped if the world slowed population growth by making free condoms and family planning advice more widely available, the U.N. Population Fund said Wednesday.

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 (Author). Its written by a real scientist that uses the scientific method and stuff (Al Gore-whore refuses to debate this gentleman on the topic) . Who knows you may break out in a flurry of critical thinking and form your own opinion on something yikes!

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

We got filled a few points higher than our entry target and then proceeded to get crushed by the Sumo guy on the left until we got stopped out at yesterdays low. Our first loss in a long time so I ain't complaining. See ya at the close.

Tuesday, November 17, 2009

Indian Givers

(Zerohedge) And you thought the government was not out to screw you. According to a research report released by the Treasury Department's Inspector General for Tax Administration, over 15 million people may own $250 (and in same cases more than $400) on the tax "credit" received earlier in the year, purely as a function of how the tax break was set up by the IRS.

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

DETROIT (Reuters) – General Motors Co (GM.UL) said on Monday it lost $1.2 billion in a bankruptcy-shortened third quarter, but it vowed a quick repayment of $8 billion owed to the United States and Canada.

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!

Not bad for 20 minutes work. Another fine Waveride on on DRYS and its time to go. Lets see how far the crooks can pump this market up today! Good Luck.

Friday, November 13, 2009

This just in - Angelina eating her young!

(Defamer) Angelina Jolie has reportedly begun the process to adopt a seventh child from Syria. But she signed the papers alone, which naturally leads to some speculation.

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 = $$$$

(Telegraph/UK) Call of Duty: Modern Warfare 2 has smashed the record to become the best selling video game of all time in Britain, with 1.23 million copies sold in the first 24 hours.

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!

Wow almost a full point on the IYT Waveride in less than an hour and now its time to bail. Its Bloody Mary time woo hoo!

Tuesday, November 10, 2009

Never bring your dates home on public transportations!

(Times/UK) A Boston train driver has been hailed a hero after pulling the emergency brakes to avoid running over a drunk woman on the tracks. CCTV shows the woman, 26, stumbling on the platform before she plunges off the edge and into the path of an oncoming train.

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

Tired of the flaky rally since last March's lows. Scratching your head trying to figure out how this market continues to go up even though we have a jobless recover. Wondering why the TV idiots get all excited over companies announcing that they only sold one widget instead of ten thousand of them, but that one widget was really, really profitable. Wondering why you are out of work and panicked while the Goldman Sachs execs collect billions in bonuses because of the money you loaned them to bail them out of their crap derivative deals.

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!

(Variety) Anna Faris, Dan Aykroyd and Justin Timberlake are heading to Jellystone Park as part of Warner Bros.' live-action/CG animated "Yogi Bear."

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!

WASHINGTON – Senate Democrats sidestepped a Republican boycott Thursday, pushing a climate bill out of committee in an early step on a long and contentious road to passage. Other committees still must weigh-in on the measure, but the partisan antics early on threatened to cast a pall over the bill — one of President Barack Obama's top priorities — as it makes its way to the Senate floor and as nations prepare to meet in Copenhagen, Denmark, next month to hammer out a new international treaty to slow climate change.

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

Entry correction oops!

Its old timers disease creeping in. The correct entry point tomorrow for FAZ long is 23.07.

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.