Friday, March 30, 2007

Bear Raid

Beefer bears are raiding again, I guess on that China tariff news. Now why it's "bearish" for China to be treated like any other country (and not a command economy like the old Soviet Union) is hard for me to understand. Hence I re-entered my bid for the S&P index calls. I might get them this time.

PS: I got them. Now the worry begins. I am pretty net long now, effectively. India stocks are getting hammered as the India Central Bank raised rates again to control inflation. My India stocks are a very LT play. I'll wait & watch & add selectively when the dust settles.

16 comments:

mern said...

this market reminds me of DNDN on wed. y be long or short all weekend, with the geo risk?

bet we close ally mcbeal flat

mfl59 said...

bunkerman, any ideas for reading in order to learn more about the farming industry? thank you in advance...

mern said...

be nice to see CEGE dip again.

LEH too

mern said...

id ask bud about farm animals before the K man

lol

Bunkerman said...

lol, Bud the city slicker ;-)

Tough one mfl. In the 1980s I read a super book on all commodities - it had all sorts of supply & demand info & trends, etc. But I threw it away when I moved offices in 1994 & it's out of print - I can't even remember the name now.

I'll write about some research places soon.

mern said...

man this women just made me spit some water out.

"its absolutely outrageous!"

how did bill and sue not LOL?

mern said...

bud dates whats available to him

mern said...

farm animals, the vix as long as its over 13 but not over 18, etc

rofl

Bunkerman said...

Hmmm. Maybe that reference to "cud" I made a few posts ago slipped past the cityboys.

"cud" : food regurgitated from the first stomach to the mouth of a ruminant and chewed again.

Hmmm, a "ruminant" is a cow, sheep, goat, deer or a giraffe, in case you wondered. They have a multiple compartment stomach & chew cud. Lol.

Bunkerman said...

Hmm, I guess I'm technically a "cityboy", having grown up in a metropolis of 13,000 people in the middle of nowhere in the hill country of rural Ohio.

Bunkerman said...

Of course, having a first cousin who grew corn & raised hogs helped me learn a little. LOL.

mern said...

maybe u cud fix bud up with a giraffe. thats not crossed off on his list yet.

mern said...

slut half CEGE for a dime

lets see if it splats

Bud said...

Rofl 'city slicker'. Very true. I went to a farm once I almost passed out cuz of the smell.

mern said...

just leaving 500 for a mark on CEGE, dont feel splatish

probably dies now

:-(

mern said...

ill take my 200 bucks, and close just about everythiing out, except for the SLV in my ira.

peace, i hope, i guess

whatever

:-)