Thursday, July 12, 2007

Ramblings

RTP for Alcan, $101 all cash. Guess the miners boom still has legs. RTP expects deal to be cash flow and earnings accretive in first full year of consolidation. I am long RTP.

Does anyone remember W saying his main job was to protect the people? Of course that was after 9/11. So how's he doing? Hmmmm. At the request of a Senate committee, GAO did a sting operation and obtained a license to buy enough radioactive materials to make a dirty bomb. The fake company was a phone, fax and mail drop. The Nuclear Regulatory Commission issued the license in 28 days - no inspection. GAO altered the license and then ordered the materials. Sheesh. Even a subprime mortgage gets a drive-by. And which branch of government is the NRC in? The Executive. Who leads the Executive branch? W. What a jerk and liar and rotten leader. Grrrrrrrrrrr.

Record margin debt on NYSE. But the WSJ article it's due to a pilot program changing margin rules at eight firms for hedged options transactions. Sounds like beefers.

EDU in WSJ article announcing new language schools in China. I am long EDU.

State Department official apologizes for failing to anticipate huge flood of passport applications. Sheesh. How stupid can they be? Another executive branch failure. Another W failure.

You might say, "Bunkerman, can you blame W for details like that". Easy. If he was paying attention and talking to the people, instead of being holed up in the White House, he might find out about problems. He's got huge resources and can hire all kinds of people. No excuses!!!

Barron's online has an article about bank overdraft fees. Ridiculously high! Banks and credit card companies are acting like vultures or piranhas in ripping the flesh off people who make honest mistakes. Who's trying to protect the people? No one. Not even Congress, who are in the pocket of the big banks.

We need populist libertarians [or is it libertarian populists? hmmm] to run the country!

Bunkerman for President!!!! lolololololol ;-)

PS: In respect and deference to Lady Bird Johnson, who was a classy and respected lady and wife of Lyndon Johnson, I am suspending referring to W as Lyndon for one week. Lady Bird Johnson did much to maintain and improve the natural beauty of the nation. She passed on yesterday at age 94. She set a standard for wives of Presidents that few have met.

84 comments:

Spin-em said...

W feels the heat..Dr evil Karl Rove spins a new one.."Dubya..tell em al Qaida is here".....

Bollings says sell refiners

Bunkerman said...

Tough for me to sell a stock like VLO at a PE of 9x. Bolling's a trader. No doubt the chart looks like a consolidation pattern. Maybe the crack spread has peaked. But the stock is ridculously undervalued. I think there is LBO potentional in those.

Bud said...

Bunkerman didn't you vote and contribute to W. Guys like you are the reason he got elected. What a disgraceful and pathetic president he is.

Bud said...

Wish I was long EDU.

Bud said...

Rofl 'vultures and pirhanas.' Banks have an obligation to maximize profits for the shareholders. Lol 'honest mistakes.'

Bud said...

ARUN PCS SMSI look like buys to me.

Bud said...

I'm long BOOM. But I gonna buy more today.

maverick said...

EDU a sweet chart.
Banks are vultures but customers need to be accoutable for their actions.
The punishment should be less pain but painful.
VOLC looks ready soon for the plunge.

Bunkerman said...

I still have to do penance for being fooled by W. :-(

Bunkerman said...

Oh you guys. "accountable" lolol

Setting a leghold trap to catch the unwary who steps or stumbles off a path is not right.

Like posting debits instantly while delaying deposits. Even though we know the bank gets the deposit electronically overnight.

Or putting cut-off payment dates days before the closing period of a credit card period.

There are just unfair & unethical traps for consumers. They should be illegal. But Congress is in the pocket of the banks.

Bunkerman said...

Oil over $73.

You guys nust be looking at a different VLO chart than mine. It's just in a rectangular consolidation pattern. Still over it's 50 DMA, where it bounced a couple weeks ago.

Bunkerman said...

Brent is over $76. It's a worldwide move - nothing US centric.

Bunkerman said...

I just completed a survey for a credit card company. I ripped them, of course. Greedy pigs.

mfl59 said...

Bud a history of the KKK now airing on the history channel for your viewing pleasure...

Bud said...

Just read the story in the nytimes about the bogus company that got a nuclear license. It would be pretty funny if it wasn't so scary.

Bud said...

Shoot mfl. I love shows about the GOP ...uh....i mean KKK. Lmaooooooo

Bud said...

Rofl greedy pigs. Don't get a credit card.

Bud said...

Today is option misdirection thursday.

Spin-em said...

Did mern Johnny Paycheck it yet?lol

'Take this job and shove it...I aint workin here no more"

Bud said...

What you got frosty ? I need to make some money today.

Bud said...

Rofl spin. New job....he's gonna be on his best behaviour a week or so. It won't last. He'll crack soon.

Bud said...

SMSI on fast money last nite. I believe that is why it's gapping.

Spin-em said...

we should have a pool....Ill say Oct 1..the day after Eli lights up the Eagles..lol(it could happen)Bunkerman you taking gold watch..lol

Bunkerman said...

Hmmm. I guess the consumer is not dead. SHLD and HD not representative. Who would have every thought they were?

Maybe I'm paranoid, but I suspected trapped bears try to spread rumors and thinking like that to get out. Nahhh. Lolol.

Bunkerman said...

I bought some gold - Monday, I think, spin. Planning to buy more on a good entry. I'm patient. I've got until early fall.

Bunkerman said...

Uh, Bud. The 1860s original KKK was a creature of southern Democrats.

A GOP President, U. S. Grant, crushed it.

And the later KKK in the 1920s .. was a creature of ... southern Democrats.

Maybe you should watch that show. ;-)

Bud said...

That is all true B'man. But the Klan was evicted from the democratic party. They are firmly entrenched in the GOP now. Everyone knows that.

Bud said...

I thought Hillary Clinton was an awesome First Lady.

Bunkerman said...

That $101 is 16.2x PE for AL. Don't know the cash flow multiple. That tells you what those resource companies are worth.

As long as China grows, they go up, imho.

Bunkerman said...

Hillary - the first lady who should have gone to jail. A corrupt liar.

Bud said...

die FONR die !!!!


had it all the way..........lmaooooooo


PS. yday at this time FONR was makin me sweat

Frosty said...

ASYT high short ratio small chipper acts higher....SBEI in this morning avg 6.47, baby rocket ship....what time do the machines attack Bunkerman? beefers feast day as they jocky options ahead of expo....don't bend over for the soap today or you just may get a big surprise.

mfl59 said...

men if the XAU can break convincingly through 150, gold and gold stocks will be off and running...gold $1000 by 2008

Bunkerman said...

Frosty, machines usually attack at lunch, from my observations. Or trapped beefers.

Spin-em said...

phase 4..strategery

Frosty said...

SBEI add 6.06...have room for one more add today....perhaps I'm reaching for the soap....come on W, Iraq move on, time to reck Iran.

Frosty said...

FTI train

Bud said...

Bush makin me puke. He is so clueless. You voted for this guy Frosty? What a joke you are too.

Spin-em said...

Come on Bud...Do you really need a Dixie Chicks "I told you so moment"?....

Bud said...

But..............go W go !!

the more he talks .....the better the dems chances next year......in fact....i'd luv for the GOP nominee to say......"elect me and i'll govern just like W"


lmaoooooooooooo

Bunkerman said...

Just finished a letter to my town about the water fascists. I got my new gun permits so I can annoy them now hehehe. :-)

Bunkerman said...

Sheesh, why won't W just shut up.

Bunkerman said...

Why do I care - he's on mute anyway. I can't bear to listen to him.

Bud said...

Long alot of CSCO. 5 year high here I believe. Needs to baast thru 29.

Bud said...

die LOCM die!!!!!!!!!!!!!!

Bunkerman said...

What a jerk W is!!! He says Syria is helping bombers kill Americans? Is he bombing Syria? No. Vietnam sanctuaries all over again Grrrrrr. He's such a rotten leader.

Frosty said...

ignore the most powerful man in the world, oh please....what he says matters like it or not....I guess hitting mute like 80% of americans with their heads in the sand will solve the worlds problems. if your not part of the solution your part of the problem....not that objecting in this case is a bad thing, but action speaks louder than words and until I get off my ass to change things, I refuse to cast stones at those giving their lives working the problems of the world...rant over and out.

Bud said...

That's cuz he's lying B'man. Syria is not killing americans. W is a liar. I don't believe one word that comes out of George Bush's mouth.

Bunkerman said...

What a bunch of crap, frosty!

I've heard and read plenty about what he's doing - a lousy job everyhwere. I'm not a serf that has to listen whenever he wants some PR. I can read it in tomorrow's WSJ 10 times faster than he can say it - IF he says anything new.

I put plenty to work helping candidates I think will do a better job and for the regular GIs via Operation HomeFront and USO.

So I think I earn my rant time.

Bunkerman said...

So he's lying in your case, Bud, or failing to do his duty in my case. Either way he's terrible - no way out of that conclusion.

Bud said...

Long cheapie SCOX. Hindu stock.

Frosty said...

uh Bunkerman....I said "I refuse to cast stones" if you are doing your part, then you are to be commended.

Frosty said...

ps....I also think I just said I do little of nothing to improve the state of the world.

Bud said...

Have a beer frosty.

Frosty said...

Bud, now that is an action plan I can provide my full support and participation...lol

Bunkerman said...

I'm not giving my life - not even close. It's the GIs in Iraq and Afghanistan who are. And what infuriates me is that W didn't support them - and isn't supporting them - and giving them the freedom of action that he promised to do. His tacit admission re Syria is proof. He said he'd attack terrorism WHEREVER it is. So he's either lying .. or lied. GIs are suffering for it. All I can do is help out their families at home.

Spin-em said...

Captain Marko Ramius.."..Frosty..American..Buck-a-roooo

lol

Bunkerman said...

Going to the range this PM. Good luck.

Frosty said...

LOCM coming after the bears....cover it Bud....TWM in on the gap fill....virtual indeed..lol

Bud said...

Goin to the range? Puke.

Frosty said...

ASYT....someone want to push it over 7.50 so we can get the party started...I can't hold it up here all by myself...lol

Bud said...

Rofl 'someone'....Come on frosty....use that buying power.

maverick said...

Cramer may have just squashed her

Bud said...

CSCO the beast today.

Bud said...

I'm callin this the 'Hillary' rally. Go hide in your bunker frosty....she's comin!!!!

Spin-em said...

Frosty hotter than Bunk's GLOCK firing at W poster

Frosty said...

LOL Bud....glad you had time to work on your material....I almost felt sorry for you couple of days....NOT.

Bud said...

Holy smokes! Goin thru today's action....lots of stocks took off or gettin ready for takeoff. I'll post my list tomorrow morning . I know Frosty luvs to fade me. Historically fading me is a winning strategy.

Frosty said...

Bud...if you have time could we get that list tonight? I'm not one to get out of bed to early, being a left coaster.

Bunkerman said...

Back from the range. Wow, am I good with the Uzi. Smokin' :-)

Good lift off. Sure looks lilke similar pattern late Feb & March - that was a "W" bullish continuation pattern, then lift off, then we got about 100 points on the S&P.

Yee Hah! Ride that bull elephant to the next water hole :-)))

Spin-em said...

rofl Bunkerman

Bud said...

Yes frosty ....i'll post it here tonite around 9pm eastern. I never know if you serious or jerkin me. Lmaoooooooooo

Spin-em said...

Kass at supper tonight

http://moviewavs.com/0028375953/WAVS/TV_Shows/Simpsons/flanders__donefor.wav

Spin-em said...

pfffttt...didnt work

Frosty said...

uh Bud, what takes so long to put together a list?

maverick said...

well fast money just covered all stock symbols in universe so no ideas left for Bud

Frosty said...

uh Mav...I don't fade fast money.

Bud said...

You're really a funny guy frosty....

MR CMED( a bit extended) SPRD PCS ARUN MFW MON


my 3 weekend takeover longs are AP LGN CVTX

after watching INTC/CSCO today...i like KLAC alot ...but it really needs to blast thru 57

also KMGB MTOX RT darksides ...also watching PENX for possible rollover

Bud said...

What takes so long frosty? I wanted to get high after work today. Surely you don't want my ideas while I'm under the influence.

Bud said...

RS another good lookin steel chart

Bud said...

PNSN darkside watch

Bud said...

Lots of euphoria today. Tomorrow is Friday the 13th. Should be intersting.

Bud said...

die GOP die !!!!!!!!!!

Spin-em said...

get high??..why Bud?