Thursday, October 8, 2009

Ils Montent - They Go Up

Up is up.

I'm no fan of management at Alcoa (AA). They are serial blunderers. And I don't own any stocks in aluminum companies since aluminum is not a scare metal; it's very, very abundant. But this fact caught my attention in press reports of their quarterly results.

WSJ: "Alcoa said it sold more aluminum in the past three months, compared with a year earlier, due to rising shipments and declining inventories"

The company also made money: "The world's largest integrated aluminum producer posted a profit of $77 million, or 8 cents a share, in the quarter. " Analysts had expected a loss.

The world economies are increasing. Ils montent.

Last Friday I had a bit of fun. Following the style of 1960s and 1960s psychobabble, I posted a chant to harness the metal 'vibes' of readers. I was motivated by two movie scenes. First was the scene in the great movie, Moby Dick, with Gregory Peck as Capt. Ahab. At one point the great white whale, Moby Dick, rises from the deep and Capt. Ahab roars, "He Breaches" (from memory). Second was the scene in Kelly's Heroes" when the tank commander nut, Oddball, played by Donald Sutherland, notices the optimism of everyone and says, "Crazy... I mean like, so many positive waves... maybe we can't lose, you're on! "

The chant was structured using an idea of a Platonic form from numbers to have seven verses chanted seven times in seven languages. Here it is again.

"augunt ... Sie steigen ... Ils montent ... aumentano ... aumentan ... wzrastajÄ… ... they go up."

I've improved the original idea. If seven people chant this seven times seven times a day for seven days with a seven second "ommmmmmmmmm" in between each chant, this will be a perfect 7x7x7x7x7x7x7 chant - imagine that power of it - the vibes !!!

Haha, this is a joke, but it's fun.

Actions

I suppose it sounds boring, but I am doing nothing. Je ne fais rien. I'm just sitting on my positions, letting them play out. A few more movie/TV quotes come to mind.

The Emperor – Return of the Jedi: “Everything is proceeding as I have foreseen.”

Hannibal Hayes – The A Team - “I just love it when a plan comes together”

Word of the Day

"Eristic" - adjective & noun [$10]
Eristic means (adjective) 1. of or characterized by disputation; 2. (of an argument or arguer) aiming at winning rather than reaching the truth; (noun) 3. the practice of disputation; 4. an exponent of disputation.
Sentence: (A) Congress seems more interested in eristics that in doings anything for the people. (B) a more erudite Rodney King might say, "Let's all stop being so eristic".

32 comments:

Bunkerman said...

Yankees Win !!!!!!!

Yayyyyyyyyyyyy !!!

Yanks chomp Twinkies.

:)))

Bud said...

lemme get this right....................you are quoting AA mgmt???


data mining indeed

Bud said...

Bman did you read op-ed by david malpas in wsj on the dollar ??


http://online.wsj.com/article/SB10001424052748703298004574458923186941870.html


surely the falling dollar has to concern you

i will say after 'studying' the dollar last few days............now i know why the market has been on a tear..............and why i think Bman's 1200 S and p target is quite plausible


hey.....i'm a ping-pong player...........i ride the bull just like the Bman...............but this cannot have a happy ending..........i mena our portfolio's are goin up every day...............but since they are in dollars..........our purchasing power goin down every day too

Bud said...

well..............i don't exactly ride the bull like the Bman


i'm a 'rodeo cowboy' bull rider............i keep gettin knocked off...............and then i get back on.............that's ok...............rodeo cowboys have a good time makin a livin too


the Bman rides the bull like he ridin a hog




PS.......aka Harley

Bunkerman said...

no, I didn't read it.

I might take a look later.

Bunkerman said...

why is our purchasing power going down ?

Most of what I spend on is in dollars or made in China or places that are fixed to dollar.

Bud said...

as i suspected ace...............i could not do it


even though i bet the yankees..........i wanted the twinkies to win.............i'd rather lose 380 then root for those child-molesters




PS.........few years back .........yankees/angels game5...........i bet the yankees to win..........and i rooted for the angels..............the way i looked at it.............it was a win/win for me

Bud said...

does anyone know of a very good 'futures trading' site/chatroom/blog ?? etc.....



PS.......very good as in sharkinvesting is very good

Bud said...

GS new highs again.................surely they do more than 'guttin their own beefer'




PS......GS goin to 200 ??

Bunkerman said...

hmmm I suppose GS guts pension funds, too, in addition to beefers.

mfl59 said...

OOOOOHHHHH Arod had 2 RBI's....all of the sudden he is Mr. October...

"what a douche"

Frosty said...

Bunky...your girls fully covered, health care...your heros in dc coming after that skim one way or another.

Frosty said...

Sal ping pong below

http://www.retracementlevels.com/

Bunkerman said...

maybe the "girls" will just raise prices ...

mfl59 said...

Spin just checked in...seems he shot a 76 this morning....wake up Bud...Spin has no swing coach...he has no personal trainer...he doesnt release the club....he goes out and plays the game....old school

mfl59 said...

"When will this damn kid lose a bet?"

who said it?

mfl59 said...

Bunkerman Timothy Geithner supports a strong dollar policy...do you believe him?

Bunkerman said...

haha, mfl. Do I look like a fool ?

Bunkerman said...

Timmy & Obama aren't going to give up any jobs to make the dollar stronger.

Bud said...

i'm back................sorry Bman.............was busy.............ya'know........tryinto make some money

Bud said...

thank you frosty


i been lookin at that site..............keep'em comin



PS...........bob and i friends forever !!!!!!!

Bud said...

it is really amazing that played golf for 4 years.................and just learned a month ago how to 'release the club'


i gotta get out there this wknd

Bud said...

that line is from soprano's


i beleive christopher moltasanti said it

Bud said...

give up any jobs to make the dollar stronger ...............huh ?????


Bman are you aware we have lost 7million jobs as the dollar has tanked..............you really need to read david malpas

mfl59 said...

Incorrect Bud...

That is a line from your bookie....

"Way to go Sal!"

mfl59 said...

Bunkerman how is it possible that we are one year removed from "The Panic of 2008" and yet not one new regulation has been passed in the financial arena? Why arent the taxpayers rioting in the streets?

Bunkerman said...

Homo booboisie is well controlled by the media propaganda machine.

"Propaganda works"

"They" don't want it.

The Street is probably laying millions to the campaign committees of selected Congressmen.

It is incredible.

It's a campaign issue for someone who read this blog, a populist libertarian.

Bunkerman said...

Congress will keep that issue alive as long as possible to milk it.

Frosty said...

Sal another link below

http://viewfromthebunker.blogspot.com/search?q=

this cat went 300% long calls the last dip, worth following.

also, some flaazzzhole named mern is up 100% past couple months...all aboard....slam dunk...fish in a barrel.

Bud said...

LMAOOOOOOOOOOOOOOOOOOOOOOOOOOO bob


mern up 100%...............sheeeeeesh...............and i'm bustin my ass wakin up a 3am


well..........gotta work hard if i wanna play courses that charge 220bux greens fees

bad touch said...

Yankees suck sh!t

Bunkerman said...

hmmm bad, I never heard that obscenity before.