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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 post
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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 about
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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 letter
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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
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Blondie: [counting Angel Eyes’ men] One, two, three, four, five, and six. Six, the perfect number. Angel Eyes: I thought three was the perfect number. Blondie: I’ve got six more bullets in my gun. – The Good, The Bad, The Ugly The markets are down ugly to start the day.
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Here’s some of what I’m reading this morning along with my thoughts on each topic. An Explanation and Some Reflections – I know a few folks over at Netflix, including Reed Hastings, the CEO and author of this strangely apologetic but still arrogant “reflection” and I can’t tell
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It’s been a great week for the markets and the portfolio (knocking on wood) and I’ve worked my butt off this week and am exhausted. I’m not going to leave for lunch but will finish out the day in front of the computer doing some more homework,