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Boring: More of the Same
Sorry, not much happening today other than Hi-Fi Robots sparring with each other and various Teenage Mutant Ninja traders exchanging blows with each other on specific stocks. And, of course, the wild shanks and cranks related to OpEx.
How many times do I have to keep posting these two?
Lots of entertainment today.
Despite world record unemployment, people still find time to go to Starbucks...
Recession? What recession?
And speaking of the "Resilient Consumer", looks like Darden and Brinker might be attempting a breakout from huge bases today:
And Oracle beat estimates last night. Time for Larry to buy another 300 ft. yacht I suppose...
Remember when all the auto companies went broke and most of the suppliers were left for dead? Check out the run in Dana..
The market for multi-axle limos and trucks must be huge...
And why all the sudden volume in Bristol-Meyers today??
Must be a bull market in medicine for Bipolar stock and currency traders..
Until this market makes up its mind, I really have nothing else to say, other than sit at my computer and stare at Elsa:
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Red Lorry, yellow lorry. Buy the index before the close and sell on X-mas Eve. History says it works...
I had vinyl from them back in the day. Great band
I always read Robo for the articles.
I'd love to visit Tunisia if I could find it.
mmmmm.....Elsa.......
Diabolical Ellison!
This market crap is so boring. Any idiot can buy the drops and lose when it drops again but why that would get someone to put on a tie and act as if they are legitimate businessmen is beyond me. Lets face it, screw your fellow man is the only game in town. Ill watch robot wars.
Speaking of screwing your fellow man, what are you doing after work? Can you and Elsa work me in for 3 way still? I hear she does a mean toe job.
End of day had a few manipulated fireworks. Wouldn't be quad witching w/o it.
Vampire Squid T-shirt
http://cgi.ebay.com/Vampire-Squid-T-shirt_W0QQitemZ300379010691QQcmdZVie...
Boring? Robo, LDK Solar (LDK) was down another 13% today:
http://finance.yahoo.com/q?s=LDK
Big hedgies were out in full force again, scaring the weak hands, scooping it up at insane levels. Almost 28 million shares traded today!!!
Thank you Mr. Cohen, Mr. Griffin, Mr. Shaw and Mr. Simons!!! I bought some more today and will buy more next week if it keeps falling.
Have a great weekend and boy do I love Elsa's tan...smoking!
Jimmy Carter was buying today as well.
Even traded in his cardigan sweater collection rumor has it.
Good thing there are no major events on the horizon.
Forget that peanut farmer and watch solars sizzle in 2010 and beyond.
Solar energy may (or may not) be useful in the near future. It will probably be useful in several decades. In any event, there's no reason to think a particular solar company is going to come out on top. How often have the early pioneering companies become the major players down the road? Google was a latecomer to the search engine business, Dell a latecomer to the PC business, Intel a latecomer to the integrated circuit business, Microsoft a latecomer to the operating systems business, and so on.
And to reiterate what deadhead keeps saying, we've seen this all before with solar about 30 years ago, although now we're 30 years closer to the end of oil and there's a hell of a lot more people on earth causing even more environmental devastation. If we could reduce the overall population we would get by on nuclear energy quite nicely.
LDK is on quite a roll.
http://stockcharts.com/h-sc/ui?s=ldk&p=W&yr=3&mn=0&dy=0&id=p76142745927
Full disclosure: Initiated LDK positions at around $11 after making a nice profit on Yingli and then doubled down at around $5.
Leo,
Best to stay away from Chinese solar companies, particularly those who might be working on a breakthrough technology. The line of people waiting to steal the first intellectual property developed in China since gunpowder is longer than an unemployment line in Detroit.
All you solar non-believers, read this carefully:
http://www.solarfeeds.com/energy-examiner/10223-solar-panel-polysilicon-glut-may-ease-in-2010.html
Solars will soar in 2010 and beyond. Use dips to build or add to your positions.
Elsa is mucho bueno.
If ya like Elsa,
Try googling Little Lupe
Not to ruin a perfectly good Elsa post, but BMY's volume is from the arbing with their Mead Johnson spinoff - exchange expiration, blah blah blah.
Did you see the action in MBI today? Nothing boring there.
I could get whiplash just looking at today's MBI chart.
Robo, I think you're on to something with Tunisia. Looks festive, me loves.
http://www.youtube.com/watch?v=MuNeFwsdAos&feature=related
FX market certainly not boring.
The dollar rally I forecast, continues to trend up (although overbought now after it's big run.)
http://www.zerohedge.com/forum/market-outlook-0
The Bankster's Song:
www.google.com/url?q=http://popup.lala.com/popup/937030201852826479&ei=3wstS8LZDozatgOd5q3XAw&sa=X&oi=music_play_track&resnum=1&ct=result&cd=2&ved=0CAgQ0wQoADAA&usg=AFQjCNGfmT0lkgXeu2ywrh_xUA5IEcESTw
An Soon The Sheeple Will Be...
www.google.com/url?q=http://s0.ilike.com/play%23%2522Weird%2BAl%2522%2BYankovic:Amish%2BParadise:17827:m33805525&ei=VQ8tS_r_IZGQsgOChP3XAw&sa=X&oi=music_play_track&resnum=1&ct=result&cd=2&ved=0CAgQ0wQoADAA&usg=AFQjCNEDNDx_-V8IOaS4F2Hg0N5TXEX4tw
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