A disclaimer: I am long and/or trading several regular ‘bull stocks’ (as well as short a couple). Don’t interpret the sober message below as a ‘sell your stocks right now!’ style bearish warning. Indeed, after an expected choppy start to December I think more bull market mania, errr… rally, could still be ahead. But it would be just dandy if people would keep their perspective along the way. (more…)
In spite of a lifelong love of the likes of the Beatles, I’ve never been tempted to try mind-altering chemicals. There are several reason for this: one, I suppose, is the fact I’m such a straight arrow to begin with; another is that my brain is my second favorite organ, and I intend to protect it; and third – by far the most important – is the fact that what I see in the world is already horrifying and surreal enough. Day to day, I’m already on a really bad trip, and it pertifies me to think of what I would “see” under the influence of MDMA, LSD, mushrooms, or any other Tim-transformers.
I was reminded of this a few minutes ago, because I was walking through the Stanford Shopping Center, and out of the corner of my eye, at a distance, I could tell a female with a short skirt and a revealing top was heading in my direction. I have really good peripheral vision, so even when staring at my iPhone, I have a good sense as to who or what is coming closer to me. (more…)
Long Guess (GES)
The Chinese-based ETF symbol FXI almost perfectly closed its gap from February 1 of this year, and it’s at the top of a multi-year range, so I shorted it at 40.08 with a stop at 40.58.