Saturday, January 31, 2009

Quick Trade

Roger Federer is 1.65 to win aussie open tonight which you just have to take with Nadal playing a 5hour match and the hard court record, 1.65 will turn out to be easier than taking candy from a small fat boy.

Take this profit when it occurs and get on Sean Penn for best actor and Kate Winslet best actress.

Hope you got some OMEX stock roared up over 20pct last week when market was down a couple %, I am still in the stock, I have a short term target of 9bucks on it

Giddy Up

serena

I woke up this morning shivering on the couch, in my daze i realise the TV is playing a replay of womens tennis final. I think for a second and this over whelming feeling i had a bet comes over me, i talk to angel my girl and ask, did i bet last night? She replies, "you put 1200 pounds on serena at 1.40 you told me to give you 500 bucks and you bet for me", i ring betfair and the account is full of cash. I check text messages and i see i fired a shots out to my friends, both of them, to get on and load up. I think clearer and act decisively when drunk. 40% return was unbelieveable for that girl.

Now we have made cash from our shorts, keep them on the big down leg is starting, I like Obama but the poor guy is now finished, he is like a school teacher talking the the kids at assembly on the final day before summer break and the bell has rung, thats right no one is listening anymore. Stimulus is stated and over now, Bernakie has also fired his last shot so now the only thing that will MOVE this market is earnings, well kids we all know that aint gonna be good. Keep the shorts on. Oh I hope ya got some OMEX that better be the only stock you are long.

On a side note, take arizona plus 7 and do a pick four at gulfstream single out, just a coincedence in race 3 with garcia and verlazquez in the turf race, take all and all in the other 2 races, it will cost you 120 bucks but you may win a small fortune.

Giddy Up

Thursday, January 29, 2009

Oh I forgot, buy OMEX at 3.60 for a quick trade.

Giddy Up

Saturday, January 24, 2009

Giddy up for Week 2

Keep the short position on, govt now out of breath, fed no more arrows so we are FINALLY in the land of earnings & fundamentals driving the market and that can only be down. OIL still has a way to go down it will break 22USD at some stage this year.

The glory trade is buying put options in Goldman slacks, the thesis of, "they have the smartest talent in the game" just isnt enough for me as the smart employees will move away as they can not earn the dollars working for a company that has ZERO earnings potential in this environment for some time (2yrs+) and all they will do is burn up cash. So the SMART guys will be smart enough to walk away, leaving the broken bank model to arrogantly collapse. Buy 50 puts with 3mths to expiry and you will get paid, if you hit a double, take original position off and let the rest run its course. UBS gave us a heads up today announcing no bonuses at the investment bank maybe for some years. Another factor that proves GS has nowhere to hide. UBS share holders should also have a direct correlation with John Bon Jovi, "Oh Oh, Living On A Preyer". Stock will trade below $5 within next 3mths.

Finally we have a free day for shorting tomorrow, GDP comes in at 3.5% contraction better then expected NO ONE will believe it and expect it to be revised down like ALL bad numbers lately getting revised down later on, mmmm. If it hits 5% contraction as expected it is discounted and if its more the market falls. So we have a FREE day to short going into tomorrow.

Giddy up, lets make some cash as in 6mths time we will have property to buy in manhattan that will be 50% cheaper from their highs, OH yeah this market has NOT mark to market properly.

Tuesday, January 20, 2009

Stock market tip

OK today it is not a pick 4 at aqueduct or Arizona over the Phillies, this week we make money by STAYING short, buy BGZ and SRS, hold until further notice, hold NO stocks with a long direction.

Last Friday I went to Madison sq garden with the biggest radio star in NYC to watch what i thought would be the only bull i saw in 2009, the bull riders, I was wrong. We still have plenty of bulls out there. Yesterdays crawl back (Friday) from the dead and today's 60pt gain is a great selling opportunity for anyone who owns stocks. The phrase "stimulus package" has rallied the market 17 times in the last 30 days so its been discounted into the market more times than an eastern European 16yo escort. If I was a CEO forget earnings forget visibility just mention the words, "stimulus" and "package" in a sentence and you will get some bids for ya equity. The average analyst is 28yo and during the last recession they were putting on their first ever condom. Now they forecast Citi for its worst earnings loss on record, well they were wrong it was much much worse, stock rallied, ah, yep rallied. So my recent quote of 95% of equity analyst are in the wrong job is too optimistic but thank god they are not doctors or better still pilots for US Airways cause if they were the black box would record, "give it more power captain we can still make it up, its just a couple birds", this is my only saviour that they are at least not hurting me by being analysts they just help create others to take the other side of my trade. (Have you seen their 2010 numbers) So to end this note, after the great speaker Obama does his magic on Tuesday and sells the stimulus package for the 18th time, sell again, short everything and make money. Oh and this money on the side everyone talks about, has anyone actually SEEN it or saw it documented. I cant for the life of me understand how it can exist.

Oh and one last point, don't shut anyone off if they mention the word depression there is no reason why this couldn't be one, we don't know if govt intervention on a mass global scale is good as its never been done before. Some say Japan govt in the 90's didn't act hence stock market there has been flat for 15yrs, well I saw people got burnt and decided to never invest in stocks again, this is why so many Japanese travel and so many buy new gadgets, have you been to japan, they all smile they are happy people because they thought of better things to do with their money then put it in stocks with dodgy ceo's. So japan not in a long recession just the stock market their. In America everyone owns stocks so we spend 11mths of the year trying to prop it up. Get a passport and travel to Spain I say, live it up that's why you work

PS Stimulus package is only 18 Bernie Madoffs, put it into perspective Mr Market.