Tuesday, November 2, 2010

Full on retard

We are there folks - we are now in a market dominated by the likes of guys to your right.
Good companies, bad companies they are rallying nearly 24 hours a day - the SPUZ pretty much rally all day and then as soon as the afterhours session open they keep going - we are up another 3 handles now b/c the republicans are winning the elections?? Is this news?? Todays 10 point rally in the S&P did not include the likes of GE, BAC, JPM, CLX - you know why? Cuz they dont sell apps, or ipads, or any other ishit that this insane country is obsessed with - its just stupid already. People would sooner lose their homes then lose their wifi so they can watch youtube clips on their ipads that they are paying 38% per anum in interest for. We as a country have lost it - we should just name Steve Jobs King - Jim Cramer court jester and Ben Bernanke official money printer - lets lose the title fed chariman. I am a man who has fought the feds liquidity tide and has lost the short bets but luckily won more on the long side - I want a downmove of significance - people have ZERO fear of the downside again - stock only go up - the SPUZ are trading 23 points higher than they were at 2:30 pm yesterday - we have rallied 15% since aug 31st - tomorrow the fed is going to announce that they are going to buy another trillion dollars in long term bonds - cuz the first gazillion dollars worked so well - all it has done is make a stock market rally to insane heights with no public participation.
Im plum out of ideas. I guess just buy AAPL and a gun.

JB