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You guys know that I had RIMM as a short in the Revolution Investing portfolio back when it was above $100. Yes, $100, nearly 10x it’s price today. And I’ve stayed away from the name as its continued to crash. But you know what…at a new 52-
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Just a quick note — the markets are trying to bounce off their lows of the day. We might see some wild intraday action today, but I wouldn’t want to try to profit on it. I did buy some more FIO here. I bough a little more common stock in
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Well, unless we bounce from near these levels, we can forget about my whole 5% rangebound market. On the other hand, how about those metals? Remember when I’d written: Q. Cody, a short time ago, you hinted at a possible SLV straddle. What are your thoughts? Thanks Cody! A.
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We must really all be Keynesians now. Bailout Nation has gone global, with central bankers coordinating money debasing, fully believing that what they can cover up insolvency. But we know better. Any system that needs to be subsidized is a system that shouldn’t exist in the first place. Based
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Doug: Phew! There should just be the two days of Christmas, it’s too hard for us! Bob: Um… Doug: Go, hoser. Bob: Oh. Together Eigth day of Christmas, my true love gave to me: Doug: Eight comic books, All: Seven packs of smokes, six packs of two-four, (Bob
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If you’re really hungry for a trade other than investing in revolutionary tech companies and shorting welfare companies, then he’s what I’d be looking at — Given that the market is likely to be much more rangebound in the next few weeks than most every other trader out
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Good morning and welcome back to the hospital, where the ambulances rush around with their sirens at full blast whether there’s an emergency or not. Think about it. Talk about the little boy who cried crisis. Let’s take a look at some of the headlines from the last
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How’d your gaming of the EUcrats bank welfare program newsflow go this week? What a crock. Remember I told you how it seems EVERY money manager alive is sure that the markets are either about to crack or spike depending upon whether the “Next European Bank Bailout Is Big
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Good morning and welcome back to the fear farm where they cultivate your worries into full-fledge fears for sell on the market. It’s a Friday in 2011 and that means that we have to spend most of our stock market energy talking about some EU/Techno-/Bureau-(Fill-
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Okay then, since we’re all being forced to care about what some idiot former Goldman Sachs dude who’s now in charge of figuring out how to keep Goldman Sachs from admitting that it’s all but already completely insolvent and fraudulent, let’s talk about what’s probably
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COSTELLO: There were 7 officers. There’s a 7. Now I’m going to divide to prove it to you. Now, 28 doughnuts. (writes 7 and 28 and a blackboard) Now, 7 into 2. You couldn’t even push that big 7 into that little 2. Therefore we can’t
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Here’s what I was reading and thinking about when I wasn’t training my employees this morning. Geithner Says He’s ‘Confident’ Euro Leaders Can End Crisis and Geithner ‘trusts’ Europe to resolve crisis and Geithner spoke to ECB, IMF heads – Does anybody but the corrupt or incompetent guys
