- Howie Town
- Posts
- Closing Market Comments – sponsored by FLY
Closing Market Comments – sponsored by FLY
Spicy for sure is our old friend FLY . It’s the good kind of swearing:
Closing CommentsDespite the leg up in the DOW, my positions barely moved. Today, preliminary reports indicate I was up 0.25%. Big fucking deal.
Anyway, I have more important things to do– like prepare for NY’s first snow storm of 2007. This evening, I will venture off to Whole Foods and buy $500+ worth of groceries. When I go food shopping, I fucking buy it all.
As for today’s trading:
This type of ambiguous trading is what tricks the bears into poleaxing themselves. While the DOW ripped all day, every fucking seller I know cited weak action in Tech. At first, I agreed with their argument, that weak Tech meant the market would not hold its gains. But, as the day went on, I remembered how fucktarded all these people were and how poor they have become– shorting stocks throughout 2006. Dunkin’ Donuts drinking asshats.
So, I concluded the bears are getting ready to fuck themselves, again. Don’t forget, we are still in a bull market and the sellers are old and stupid.
Finally, I really like the action in the Metals, specifically TIE and ATI. Also, my little Chinese play, ADY, looks ready to break-the-fuck-out.
NOTE: AMAT’s numbers look good enough to allow Tech to run tomorrow.
Good stuff.
Reply