Thursday, August 19, 2010

Don't Look There, Look Over Here

Whatever you do absolutely do not focus on....


Instead please focus over here on much more pleasing items, say for instance the Intel and McAffe merger. Yup, that's the ticket, mergers. The cats harping about jobs don't have the slightest clue.

Don't look there, look over here.

Just think about all the hiring Intel will do with this $7.7 billion merger or is it layoffs oops sorry, not allowed to use that word, at least on the propaganda network (CNBC) they can't. Whatever it is, dollars to doughnuts the word synergy gets thrown around the deal with glee.

Of course Intel must very positive on business and the economic climate going forward to go ahead with a deal like this if you listen to Erin Burnett and CNBC. Yes the boobs and boobs get giddy over this so its gotta be good, right Erin?. Kinda like that AOL/Time Warner merger back in 2000. Visionaries who were positive on business outlook and the economic climate going forward yeah, that's the word, visionaries.

Or you can simply focus instead focus on the GM offering that is about to hit the pavement and is dominating the airwaves. Now remember now I said GM and NOT Tesla cause you sure don't want to look at that now.


Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".


Open Positions:
Long 1 unit Direxion Large Cap 3X Bear ticker BGZ @ $19.34
Long 2 units Direxion Small Cap 3X Bear ticker TZA @ $60.30
Long 1 unit Direxion Emerging Mkts 3X Bear ticker EDZ @ $60.50
Long 2 units Direxion Financial 3X Bear ticker FAZ @ $19.65
Long 2 units Ultrashort Xinhua China ticker FXP @ $42.45
Long 1 unit Ultrashort Real Estate ticker SRS @ $49.10
Long 2 units Direxion Tech 3X Bear ticker TYP @ $52.60
Long 1 unit US Dollar Bull ticker UUP @ $22.52 stop @ $22.52
Long 1 unit ishares Barclays 20yr Treas ticker TLT @ 92.15 stop @ $92.15
Long 1 unit ishares Barclays 20yr Treas ticker TLT @ 93.48 stop @ $93.48
Short 1 unit Apple ticker AAPL @ $275.20 stop @ $266.50

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