Wednesday, December 3, 2008

Welcome to the New Depression

The market will zig and zag till everyone has lost interest and is broke; cease participation or face death from over trading. Wake up late, take a bong rip, and get in the bath. If you turn on CNBC, keep it on mute and listen to something less caustic like ocean waves (I prefer pornographic moans). Be sure to stretch early, as the market will be a catalyst for more muscle tearing jerks and fits. Enjoy a large and fattening lunch, they're hard to come by when times are tough. If you have a significant other, enjoy it while it lasts, or revel in the fact that it is coming to an end. Oh yeah, and one last thing... start a blog.

Twitter Tickers

Hot Stocks on StockTwits.com
Amazon is a company I love and use, yet AMZN is poop. Bless Mr. Bezos, but until Kindle can be purchased by working stiffs, it's a luxury in an age of frugality.
CEG is an interesting HIGH RISK long. Look at that volume.
FCX continues to prove that there is no need for copper and gold in the world. None.
Silver Wheaton is the most leveraged silver mining company. The canary died, so proceed at your own peril. Enticing volume nonetheless.
Sandisk makes the best memory products, but the semiconductor industry is getting slaughtered. The sector performance overshadows this stock's benefits.

Except for FXC, all of the above stocks are in short term rallies. The market winds favor the bulls, but we're still in treacherous waters so tread carefully.