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Here’s some of what I’m reading and thinking about today: Thinking About What Might Blow Up – David Merkel helped me make the decision to get out of my hedge fund entirely in late 2007 when the markets were topping. He predicted the US Credit Crisis and the current
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The wheels haven’t fallen off the cart, at least not yet this morning. The markets are up gently after rallying from a pretty ugly open. I’m not in any rush, but I do plan on buying some Cypress common stock this morning. Not calls, just common. Not rushing
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Terence Mann: Ray, people will come Ray. They’ll come to Iowa for reasons they can’t even fathom. They’ll turn up your driveway not knowing for sure why they’re doing it. They’ll arrive at your door as innocent as children, longing for the past. Of course,
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Here’s what I’m reading and thinking about this morning. 13 cents away from a problem – Bruce is one of the best financial bloggers on the planet, frankly, and I read him every day. He’s more bearish about China in the near-term than I am, but this
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Spidey is hanging on to the Vulture’s leg as he flys up high, but Vulture shakes him off. The Vulture: Say hello to the sidewalk for me, Spider-man!! Spidey: You talk to sidewalks? You’re even crazier than you look! – Spiderman Comics Monday morning, with the DJIA at
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Okay, as I’d said I would I’ve done a couple new trades today. I’ve sold my Ciena entirely. And I’ve been bidding all day on some Bank of New York (BK) puts dated out in early 2012 that are slightly out of the money, say from
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Other than one very strangely angry comment on my blog yesterday (from someone who I would guess was a Netflix long and in a lot of pain and taking it out on me because I wrote about Netflix) I continue to get a lot of great feedback and click thrus
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I want to make a move or two in the portfolio — one sell and a new short position. I wish I had done this when we had huge gains in it and the stock was still over $20 a share, but it’s time to do it now. We’re
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A bit of reversal in the markets today took the Nasdaq from positive to negative and there’s a lot of red out there. That said, I sure don’t sense any panic from the bulls. More like most bulls are feeling less than long enough and that’s got
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Here’s what I’m reading today and what I’m thinking about each topic. Wall Street All-Stars on Netflix – I’m kicking myself for not having gotten short this thing after it cracked last week. The newsflow had turned negative, the stock chart was busted and that stupid
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Grease Rat: Like the sign says, “Speed’s just a question of money. How fast you wanna go?” – Mad Max (1979) Good morning and welcome back to the sand dunes, where water’s worth more than gold. Turns out the markets survived another round of “Greece contagion” and it’s
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Harry Callahan: I know what you’re thinking. “Did he fire six shots or only five?” Well, to tell you the truth, in all this excitement I kind of lost track myself. But being as this is a .44 Magnum, the most powerful handgun in the world, and would blow
