Wednesday, August 20, 2008

More of the Same

Energy stocks up ... for now.
GS pans its competitors.
Russia acting like a good 19th century imperialist.
HP good earnings ... odd for a "soft world economy".
Babblevision is still blathering.

Here's something new: Chinese stocks roar up. Those stocks have been trending down for a long time.

Here are my Alpha Fund positions: BAC (double), JPM, C, GE, CVX, DVN, RIG, CCJ, FCX, (BA+IR+ITW), (GD+LMT). Year to date performance sucks. But the year is not over.

Krypto Fund is balanced again, after the recent buy of gold+silver+Vanguard Precious Metals Fund with proceeds of partial sale of Vanguard REIT fund. Krypto Fund is massively outperforming the stock averages - by about 10%.

Word of the Day

"Derogate" - verb, intransitive [$10] (followed by "from")
Derogate means 1. take away a part from; detract from (a merit, a right, etc.); 2. deviate from (correct behavior, etc.)
Sentence: The events in Georgia show Russia has derogated from norms of behavior for a modern, peaceful nation.

"Derogation" - noun [$10]
Derogation means 1. (followed by "of") a lessening or impairment (of a law, authority, position, dignity, etc.); 2. deterioration, debasement.
Sentence: The mistakes and foolish decisions of the US administrations after Ronald Reagan has led to serious derogation in America's leadership capabilities in the world as a force of good.

32 comments:

Bunkerman said...

Reuters/Zogby poll shows McCain 46, Obama 41.


Is Obama melting back to the core 40% D vote ?

Frosty said...

GS out today...texas tea back to 149 by year end...bold call or must have to make numbers, you decide...sure to get beefers headed back to the old water pond...long oil short fins their call Bunky.

Bunkerman said...

possible, but I think oil demand rules for now.

If beefer run it up now, real seller might hedge.

But there' a lot of beefer $, more than enough to overwhelm sellers.

But I'm not sure they are confident enough to follow that horse again.

Yes, this stomping bores me. Al least I'm getting lots of barn time in.

Frosty said...

Buddybullybull...what are we doing today...guess we better get some oil related names to go with the SKF QID...Bunky all over DVN RIG, well done sir.

Bud said...

back to these stupid 'beefer' theories??

Bman are you aware that 2008 has been the worst year ever for hedge funds.......and tons have been completely wiped out

Bud said...

yes frosty i got your f'ng email


what do you want ......a gold medal??

i leave the ass kissing for spin


'great trade bob'

Frosty said...

Bud in which ear do you wear the earring.

Bunkerman said...

Why is a bad year for beefers inconsistent with my theories ? In fact it is more proof that I am correct. One thing I had been saying is that with so much money in so many beefers - esp. trading beefers - that they could not perform well and would simply chew each other up ... like pirahnas.

or beat each other up like drunks in a bar.

hehe, I know you like animal metaphors, Bud

;-)

Frosty said...

Mern said he would pop in the bunker at lunch time when home to water the puppy...he will tighten Bud up...stagflation report ahead.

Spin-em said...

OHHHhhhh no he di-nnt!!!!!

Spin-em said...

azzrat stole my line too...figures..what else is new..pffttt

Bunkerman said...

Bud should be estatic with those new Big John poll numbers.

Obama might be a wax dummy melting in the harsh light :-))

Bud said...

yes encouraging Bman

the best news for Mccain this week was his performance at saddleback

all the talk of Obama crushin him in the debates is over.......mac was very impressive

Bud said...

the other good news is the so-called money advantage for Obama may really be way overblown

Mac opted for public financing....and he will get a check for 84m after the convention....and he won't have to spend any time raising money

84m plenty for him to compete in the swing states

Frosty said...

Bud shutty...Mern is due on the stage...please step aside sir.

Spin-em said...

thats IF Grossberger lets him use the puter 2 days in a row...might cost him a pack of smokes...or worse..lol

Spin-em said...

I must say..naples shootin from the hip...lol

Spin-em said...

thanks Jim

Bud said...

naples is clueless

he's on the monthly plan

Frosty said...

mern enjoying the golden showers with his new freind...no time for bunker boys...ppfffttt.

Frosty said...

Bud selling that SKF and taking the other side, worth a shot with a tight leash...do you ping pong...paddles at the ready.

Bud said...

frosty i only trade the QID


what you doin there??

Frosty said...

QID still have some..hedging it today with QCOM AMZN.

Frosty said...

in full disclosure...something Bud insists upon...I do have select fin shorts

Bud said...

frosty swung at my pitch in the dirt

this is gettin too easy

Frosty said...

gift wrap 20 SKF pts and a mid day flip for another 4...get a sack stomp in return...gesh...flazzholes are brutal

Bud said...

listen frsoty

we can read........we saw your posts......and we can trade


spin too chicken to kiss your ass now.......so you gotta pat ur own back now

why so insecure????


'great trade Bob'

Frosty said...

now who's pitchen' and who's going down on strikes..."listen frsoty"....thanks Sal, you are no mern sir, but we will make due.

Bud said...

uhhh.....oops


'well played sir'


loooooooooooooooooooooooool

Frosty said...

Bunky hide in the barn counter trend rally day...live stock games thursday?...we could us a lil help...forth lower high spiddy, don't spoil it Bunky.

Spin-em said...

Im outta ideas tryin to get angry azzrat laid...no human will do it..maybe bunk could take him to the sheep farm??

Frosty said...

LMAOOOOOOO..SPINNISM

aaahhhhhhhh, meant higher low