You & I are obviously not team players. We are supposed to exclaim in blood-curdling gasps of fear, that the world is on the verge of economic collapse UNLESS (!) the Democrats win the presidency. Ignore the data, embrace the emotion -- feel the love?
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Originally Posted by FeelTheLove
Dead cat bounce on a glimmer of good news. Market will be in the toilet by Monday.
Boy, did I ever hit that one right. Oil hits $127 a bbl, market drops 400 pts over the week (down 110 right now), Citibank in the shitter, another great week of short selling. Think I'll by a catamaran to go with my new gulf-front house.
How to really make money in the market:
Nov 2002: bought Apple, $80 a share
Nov 26: sold Apple, $193 a share
Jan 30: bought Apple $110 a share
May 9: Apple at $183 while the rest of the market is in the tank. Sell a 100 shares and buy a boat.
Current advise: Short refiners. Buy more Google and Apple. Dollar will continue to fall as oil continues to rise. As people pawn their TVs and stereos, they will be spending more time on the Internet trying to buy food cheaper, and listening to their iPod as they bicycle to work, that is, if they have a job.
I have only one thing to say to your rosy thinking, and you better get ready for it: $200 a bbl oil. Wait till Bubba sees what it is going to take to fill up his pickup at $8 a gallon.
Hey Jay......how much you pay for a gallon in KC? I am sure you can't wait to see gas hits $6 a gallon base on your bullshit. You are going to tell us you are rich beyond imaginations, right?
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