Wall Street Manna

An irreverent look at Wall Street

Wednesday, June 9, 2010

Have you covered your shorts yet?

Or maybe you'll stick to the theme of the gum you chew. Crybaby!! After all, they advertise----Stay with it!!!

When in fact, the gum you should be chewing is DubbleBubble!!

Time to start blowing bubbles again!

10 Comments:

At June 9, 2010 at 12:43 PM , Anonymous Anonymous said...

P, How far to you think the next move up will go? Can you recommend a few individual stocks to buy? Go bulls!

 
At June 9, 2010 at 12:50 PM , Blogger Settembrini said...

What about TOTAL S.A. Div/yield 1.54/6.75 (france takes 15% tax off Div, but still high)

and Palomoni what will become of STT?

 
At June 9, 2010 at 12:58 PM , Anonymous Anonymous said...

Have you sold your longs yet?

 
At June 9, 2010 at 1:29 PM , Blogger Palmoni said...

The shorts want to lay out stock at 1085 so that means they'll get ripped, and we'll go to 1120 on this move--and fairly easily

 
At June 9, 2010 at 1:45 PM , Anonymous Anonymous said...

what is the time frame to get up to 1120?

 
At June 9, 2010 at 3:12 PM , Anonymous Anonymous said...

MGOL down 32% today. anyone know whats going on with it?

 
At June 9, 2010 at 3:49 PM , Anonymous Anonymous said...

How's that SDS short workin' for ya ?

 
At June 9, 2010 at 3:57 PM , Blogger teomax said...

lets face it, without any further QE, stimulus, FED buying whatever shit, the markets are done for the bulls.

 
At June 9, 2010 at 5:31 PM , Blogger Settembrini said...

"If you look at Coach (COH.N), Tiffany's (TIF.N), Ralph Lauren (RL.N), Home Depot (HD.N) or Lowe's (LOW.N) ... these aren't experiencing growth because of stimulus money."

Read more: http://www.montrealgazette.com/business/Birinyi+Rubin+sees+sharp+rally+stocks/3130933/story.html#ixzz0qORCqgfi

and the fast money crew and ABC news said the market gave up it's rally today because it was "dragged lower by BP and other energy shares as the U.S. probe of the oil spill in the Gulf of Mexico deepened."

now not just a probe, but a deepened probe.

Makes sense, I sold all my shares after 3:30 when I read on ABC news about "growing worries about the costs the energy giant(BP) will have to assume because of the spill." This was news to me because before 3:30 I couldn't fathom that worries would grow about the costs the energy giant will have to assume because of the spill.

 
At June 9, 2010 at 5:42 PM , Anonymous Anonymous said...

o yea the shorts wil get reaped and we will get to 1120 easily! mu-ha-ha-ha

 

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