Thursday, February 24, 2011

Some Random Items

CNBC

Gotta love this channel on a triple digit down day. And on back to back ones, well the sky's the limit for what might come out of the mouths of any of the boobs and boobs in chairs on this poor excuse for a financial network.

This morning I happened to catch one James Altucher on the propaganda network. He's more bullish now than in the summer. What a shock. His arguments went about as lucid and well thought out as my young nephews plan for a cardboard box fort.

I can only say one word after watching this clown. WOW !

Actually, you gotta marvel at this country and all the possiblities. Marvel at the fact that if an Altucher can get inviting on the propaganda network to spew nothingness that truly anything is possible. Keep the dream alive kids, you can have your moment of fame one day too.

Saudi Arabia

I continue to believe we should be watching Bahrain very closely given its proximity to Saudi Arabia which is the big piece on the board. For those wishing to learn much more about Saudia, it's background and the cesspool it is, I encourage you to read the book House of Saud by Said Aburish.

I read it years ago and have just re-read it again reminded what an excellent piece it is. I strongly recommend you pick a copy up and give it a try. Monarchy now handing out 36 billion in goodies to keep the natives quiet. Hilarious. Yet another of our "allies". Nice to have friends like this. Either way, grab the book, give it a read the book, then ask a relative or friend to take a night off from American Idol or Dancin; with the Stars to give it a read.


Libya

I love the yellow-bellied neocon chicken hawks and their vitriolic tough talk. The list is endless, Hannity, Horowitz, Coulter, Malkin, Reagan, etc. I love how they always want us to stick our nose in others business (re: nation building) yet never have the onions to 'suit up' for the job and lead by example.

Suggestion for Sean Hannity, suit up with some armor, grab a rifle Sean and lead the way. I won't hold my breath as that would take onions which you don't possess or you would be there walking the walk not simply talking it. Acually Sean, maybe you can book a conference room and talk em all to death. Might be more effective.

Always sleeping soundly, content to send others children into harms way. Pathetic the lot of em'. Wasn't it Washinton who said to be wary of foreign entanglements. Aw heck, what did he know anyway?

I keep hearing we need to do something, a noo fly zone/ mobilize the UN peacekeepers/we need to save these people. To which I respond, "enough already". I will advocate the same thing I advocated during the greatest robbery in history also referred to by the revisionists as the financial crisis.... how about we simply do nothing? How about maybe letting others determine their own destiny?

I wonder how our founding fathers would have liked it had foreign troops and mercenaries showed up on our soil in 1776?
I surmise not a great deal but then again I only have a room temp IQ and am nowhere near as astute on these subjects as the punditry mentioned above.

Ron Paul

I spoke with Ron Paul's office (thx Neely) and and of midday Feb 22, the Ron Paul's Money Bomb had unofficially raised $736k. Understand that those spineless self aggrandizing chicken hawks I mentioned earlier will do everything in their power to marginalize Mr. Paul. He is a threat to their gravy train. According to that pundit on everything Bill O'Reilly Ron Paul is way out there. Congratulations to everyone who donated to a true patriot.



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 U.S. Dollar Bull ticker UUP @ $22.56 stop @ $21.44
Long 1 unit Powershares Gold Dbl Short ticker DZZ @ $8.38 stop @ $7.84
Short 1 unit Freeport McMoran ticker FCX @ $56.40 stop @ $57.76
Short 1 unit Darden ticker DRI @ $49.51 stop @ $60.11

2 comments:

James said...

Hmmm, who has made the mistake since this summer? Thats a long time.

Harleydog said...

James,

Yes I agree.

HD