Tuesday, August 16, 2011

It Takes a Comedian

Lousy Japanese GDP earlier this week, lousy German GDP but don't worry, according to David 'investing is easy' Tepper school of fund management, the authorities will intervene and stocks go up. Just lovely. Don't you see how easy it is to invest anymore.Ya just gotta get your kid into an Ivy league MBA program so he too can be a genius fund manager - maybe even become another Jamie Dimon or Lloyd Blankfein - of others money cause explaining your kids being a dog groomer at Best Friends doesn't fly as well over drinks with the country club set as a Wall St. guru, 2+2=6, master of the universe.

Did you happen to catch former speaker and GOP presidential candidate Newt Gingrich on the propaganda network this morning? Too funny this hologram of a person. Gotta love how when he held the speakers gavel and his party owned the white house he was as soft as a wet noodle, never met a spending initiative he couldn't support. Might I suggest Mr. Gingrich wonder off into the pasture of lobbying where he can join the Dacshle's and their ilk, besides it might help you in paying your jewelry store tabs. I could be a lot more harsh on this flake but I will suffice will simply being offended that he still gets called Mr. Speaker by the grovelling eunuchs in the mainstream media.

And while on the topic of presidential candidates check out the short video below of what Jon Stewart of the Daily Show had to say about the mainstream media and their ostracizing of the real deal and quite frankly our only hope in hell, Ron Paul. Funny how it takes a comedian to say what is completely obvious to anyone not in a prozac/ambien induced or a bought and paid for propandist regurgitation haze.

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 @ $96.70
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 @ $98.25
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

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