Thursday, December 6, 2012

12/6/12 Electric Church Red House



This has always been my favorite version.

I'm sitting in the back of the Electric Church, praying my positions survive another 5 hours and 15 minutes.

41 comments:

  1. How Did The Mayans Know About Bugarach? – In the foothills of the French Pyrenees sits the tiny town of Bugarach.
    The latest buzz in the global social media is that Bugarach is the only place on earth exempt from the Mayan end of world
    on December 21st. People are flocking to arrange transport there. You can't make this stuff up. (Hat Tip – Grant
    Williams.)

    ReplyDelete
    Replies
    1. I bet it's tough finding a hotel in Bugarach.

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    2. Everywhere is freaks and hairies...Alvin Lee knew all about Bugarach.

      http://www.youtube.com/watch?v=b24m6mCBn0E

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  2. Man, its a strange but happy coincidence that many of FCX's board members are also on the board of McMoRan Exploration Co. Good for them. How lucky someone should buy them out.

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    Replies
    1. You're a pretty even-tempered guy, port.

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    2. I really am, I'm gonna start making some voodoo dolls to punish. I'll be needing a lock of hair from each FCX board member.

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    3. Too bad you can't just call someone to provide the locks of hair, none of that sounds illegal.

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  3. SCCO - $25 entry doesn't seem possible anymore.

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    Replies
    1. This miner beats the pants off PM miners and wow, still has a very meaty dividend.

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    2. Was reading How back in the 1950s, metal stocks were some of the biggest dividend payors. I think we are on our way back to this now. Only way you will attract investors attention especially with all the troubles they have hitting budgets. Seeing it in the energy small caps in Canada where many are starting to move to be coming dividend stocks and think the metals are next.

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  4. i have att uverse. For the most part I've been pretty happy with it but when it goes down you have nothing, no phone tv or internet. It's been going down several times a day for a few seconds at a time over the last 3 weeks. SInce I'm home for a couple of days I'm gonna have them come by and check it out. I gave them my cell number so they can contact me if they need to. I told them it should work since its a non uverse cell number. I wonder if they think that's funny?

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  5. Hit the road jack and don't come back no more no more.

    out PTR and INTC for now

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  6. good action on fslr

    anyone have any thoughts on FCX? My initial thought is to just cut my losses and go since my main purpose for buying it is gone.

    Now I see the connection. Many of these FCX guys graduated from LSU. I have never seen a tighter frat than those guys.

    AND James C Flores, is the Chairman, President & Chief Executive Officer
    Plains Exploration & Production Company He holds B.S. in Petroleum Land Management and B.S. in Finance from Louisiana State University.

    ReplyDelete
    Replies
    1. Hard call, if your reason is gone sell, or you can wait a few days and hope for a lift and then bail.

      But you already know this.

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  7. short version

    http://www.youtube.com/watch?v=k1g8WCA7mJk

    petition the Lord

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    Replies
    1. long

      http://www.youtube.com/watch?v=1XlqCFi6o-E

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  8. TBT taking a hit, can't go up with TBT going down.

    CP - my point on the endowment fund the other day was that if they consider 30% a high allocation to stocks, then there is probably a lot of other money doing the same thing. For the last couple of years I've read/heard several comments that money is sitting on the sidelines and not in the market. So I'm wondering now if maybe the money IS in the market in the form of projects instead of stocks of public companies. I'm wonder if there is a way to measure that?

    ReplyDelete
    Replies
    1. "if they consider 30% a high allocation to stocks, then there is probably a lot of other money doing the same thing."

      Sounds like the money is weighted towards stocks as opposed to projects. Need to know the expectation here, if this money represents recent gains and is about to be withdrawn, or if it represents future expectation.

      I know no mechanisms for measuring current or past allocation.

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  9. TX - Here's a company that has cash and is looking for investment opportunities.

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  10. AGO - Okay, so now this thing's gonna close better than $14.02 and establish an upward channel right after I allowed these floozies to steal my shares?

    ReplyDelete
    Replies
    1. Keeps threatening to do so, but nothing different than the many other times so far...

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  11. NLY - Okay, so it seems all I have to do with this one to make money is sell the morning pop and buy the afternoon drop.

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  12. FCX - "many of FCX's board members are also on the board of McMoRan Exploration Co."

    To make matters worse, you could consider the fact these same guys were exercising their decision making prowess with the PXP well purchase.

    Why would they be buying PXP though, is this entire charade simply an elaborate scheme to take over BP's water park?

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    Replies
    1. Maybe they will buy NSPH also?

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    2. NSPH will pop just as soon as I sell, like AGO has done.

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  13. Damn, look at the 3 day move VELT has made. Another good call I wimped out on. Crikes...

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  14. I see T3D just sold all of his F.

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  15. OT: Dull day. Doc's Bong gone wild.

    http://www.objectivetrader.com/blog/

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  16. ZNGA- Does anyone seriously think they will get a license?

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  17. On a serious note this has big implications for US NAT GAS.

    DOE’s Office of Fossil Energy released the final NERA
    report on the domestic macroeconomic impact of US LNG exports

    http://www.fossil.energy.gov/programs/gasregulation/LNGStudy.html

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    Replies
    1. I scanned that this AM. Yes, it does, a long way off though.

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  18. F'n penny pinching hairy thief computers.....

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  19. Let Z go want to be light going into employment number tommorrow.

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  20. I closed RYPMX end of day. Will likely close flat, especially with FCX taking another hit today. That's OK. Just didn't want to be trading on 'hope.'

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  21. "ZNGA- Does anyone seriously think they will get a license?"

    Mark - It doesn't matter. They were trading at cash levels and still cash flow positive as of 2 days ago. It should go higher regardless. While the FB deal could hurt in some regards, it will help profits as well as they won't share 30% of a portion of their revenues.

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  22. NLS - new 52 wk high and it's got a strong uptrend going. I would say wait for a proper Landry buy point though.

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