Riding The Gravy Train: May 2013

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Thursday, May 30, 2013

AGQ Update, Silver & Gold


A quick update today regarding our AGQ call, and timing a possible gold & silver bounce.

We were stopped out of AGQ the following day with a nice quick profit, and we remain holders of call options.

Earlier this week, we wrote that "gold and silver continue to struggle, which suggests that another leg down before a bounce is just as likely as a rally at this point.  If there is a rally from near current levels, it might take another week to build a better base for the rally to launch from."

That remains our thinking, and currently the post-plunge chart looks like this to us, with the blue being apparent resistance and it looking bullish above the green while bearish below the red:

 
The charts for gold and silver look similar, with similar features.  When the metals break one way or another, the action will be most suitable for those with very high risk tolerances that can hold their noses and keep a close eye on their screens.










We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Facebook Short Update, Home Builders, Lumber, Nikkei


Recently we suggested shorting Facebook.  In the four trading days since, the NASDAQ is up over 1% while Facebook is down 6%.  Note that Facebook is now almost at its historic trend support:

 
We expect that trend to fail with the stock eventually printing new all-time lows, however booking at least some of such quick gains should be considered. 


This bit of news today was not widely reported, perhaps due to its very bearish implications:

"Home builder D.R. Horton Inc. (DHI) declined 4.6%, among the worst performers in the S&P 500. PulteGroup Inc. (PHM) fell 3.3% and Lennar Corp. (LEN) slipped 4.4%.

The weakness in the sector comes after news that the number of mortgage applications fell 9% last week as refinance applications decreased for a third week and interest rates jumped to their highest level in a year."

Looking at a chart for lumber prices suggests perhaps the news shouldn't have come as a surprise:



What definitely should never come as a surprise is that what goes up comes down, and when it comes to equities and commodities it usually comes down much faster than it went up. 

Eventually something similar will happen in domestic markets.  For now we can use the Nikkei as an example, down 15% in just a few days:



For months the Nikkei traded within a rapidly ascending trend channel, shown by the red lines, and that massive run seems to have ended with a classic "throw-over" the upper trend line and it's now testing the lower line for the 3rd time since November.  This is action worth keeping an eye on.


Some articles worth considering:

Yet another reason to be scared: Consumer confidence index is a contrarian indicator

Senior citizens struggle with mounting debt

4 ways the end of QE will surprise everyone






We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Wednesday, May 29, 2013

SJB, U.S. 30-Year Bonds, 10-Year Notes, TBT, Gold and Silver


Bull markets tend to end on good news and bullish sentiment extremes.  Currently we have both, in part evidenced by this headline today - U.S. stocks rise; optimism ‘as high as a kite’.


There's been unusual volume and price spikes in SJB the past two trading days:


These convulsions and the broken 2-year downtrend continue to look very bullish to us.

Serious speculators might consider the July $31 calls, last at $0.40 :


We're long SJB, the July $31 calls, and the October $31 calls.


Are rates finally rising?  If so the normal correlation would be for equities to continue higher and for precious metals to drop, therefore we must keep a close eye on the U.S Treasury instruments.

Referring to this recent post for context, in the charts below we now see that the apparent break-outs in U.S. 30-year bonds and 10-year notes may have failed so here's how we now see the charts:



And the longer term charts:




Near term, our expectations lean towards a drop in equities, most likely correlating with the 30-year and 10-year making new highs or close to it.  However longer term we're very confident of much higher rates, and the rates will turn higher much sooner than anyone expects and regardless of so-called Quantitative Easing efforts continuing or not (though we remain of the belief that too will end much sooner than people expect). When that happens, the common correlation will likely be broken - at least for awhile - and equities will go lower.

Higher rates, as evidenced by selling in the bond market which is where rates are truly set, would be excellent for our TBT position.  Below we show a long-term and short-term look at TBT, showing the key downtrend broken and overhead resistance level possibly being re-tested again soon.




 In our outlook for 2012, of TBT we wrote:

"At some point in the future, perhaps in 2012, a long-term trend change in U.S. interest rates will happen and TBT will rocket. We diarized an initial entry in TBT in early August, too early and at too high a price. At the time we wrote that "we'd not be surprised to see it as low as $80 but if it gets there we'll possibly buy more." TBT has spent the last three months between $70 and $92 but we've not added to our position as we fear it may go much lower still. Those without a position may wish to speculate on an initial or partial entry at current prices." [Quoted prices are split-adjusted]

So far, it seems to be going as expected, and we'll probably add to double the position if TBT starts to close above the green line shown in the chart above ($70).



Gold and silver continue to struggle, which suggests that another leg down before a bounce is just as likely as a rally at this point.  If there is a rally from near current levels, it might take another week to build a better base for the rally to launch from.

Gold Premiums Tumble From India to Hong Kong as Demand Wanes.









We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Thursday, May 23, 2013

SJB Update, Plus Bonus Shorts; Facebook (FB), Best Buy (BBY), First Solar (FSLR) And 9 Others


Here's a post for those looking for more short selling ideas.

SJB, an ETF for shorting junk bonds, appears to have broken its downtrend.  Click here for context.




Facebook (FB) came to market a year ago, and at the time we wrote:

"We're sick of hearing about it, as it's one of the most overhyped IPOs in history and that's really saying something given the tech bubble in the late-90's. [...] To Joe Granville is attributed the very apropos quote, 'When the public demands the bag, it's a good idea to give it to them.'   Silver at $50 also comes to mind."

Let's compare its performance to the NASDAQ, where it trades, over the past year:
 

That's remarkable relative weakness, and with equities markets overdue for a correction we expect to see FB drop at last to, and likely far below, the uptrend line.  Short sellers should wish to cover if it manages to close above the downtrend line.


We shorted Best Buy Inc. (BBY) back in January of last year.  It was over $27 at the time, and we summed up that "we'd frankly not be at all surprised to see the stock below $10".

It made it as low as $11.20 in December and has since bounced to a high of $27.37 just a few days ago.  That huge bounce in BBY was roughly a 50% retracement of the tanking since its last big bounce ending in late 2010, and bounces typically stall between 50-66% retracement so we'd place stops over $30 allowing for roughly 10% risk. $30 is also just over the stock's long-term downtrend and 200-week moving average.

Here's how the Best Buy chart looks to us currently:



Disclosure, we're already short BBY and FB.


Among the stocks discussed in this link, short sellers might find other good candidates.  

First Solar (FSLR) is detailed in the above link as another stock that's lucked into massive appreciation the past few months, more on short covering than merit in our estimation.  We shorted FSLR back in 2009, in a subsequent update writing that "we would not be surprised to see it trading below $60". 

At the time the stock was around $120 and two years later it was under $12.  It's doubled in the past few months and those interested in technical trade setups will definitely want to see its chart:




Bear in mind that some of the stocks discussed here pay a dividend, for which short sellers will be on the hook if holding the position open through an ex-dividend date.  If that's news to you however, you really shouldn't be shorting. 


Awesome!  Japan’s Nikkei dives 7.3% in spectacular U-turn

Crashes can and will happen everywhere, eventually:











We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Inflation and Dollar Destruction?! Adding DEE To Short Commodities


We remain long-term U.S. dollar bulls, most recently updated in early March ("U.S. Dollar Going Higher, Gold Going Lower?" and we remain long-term commodities bears ("Shorting Commodities Via DEE (PowerShares DB Commodity Double Short ETN)".

As detailed in the latter link, we're going to add DEE to effectively short commodities in general.  It last closed at $30.38 and we'll employ a stop on closes below $25.00

Here's an updated chart showing the long-term downtrend apparently broken and tremendous upside potential:



For those concerned about inflation or a dollar collapse, we suggest not holding your breath.  Here's a relevant posting from last June titled "Coffee, Orange Juice & Oil, things we can't easily live without".

Below are some current charts that are on topic. Perhaps some or all of these will yet skyrocket, but it looks much more to us like the prevailing overall trend is flat or down and lower ... except for the U.S. dollar and perhaps lumber:








 














We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Wednesday, May 22, 2013

VXX / HUV Stop Revision, Timing A Gold And Silver Bounce


It seems that we enjoy the blessing of perfect timing this week. 

Not wishing to be complacent, we'll raise the stop on VXX by nearly 3% to $17.90 or on HUV to $9.80, both on a closing basis.


Action in gold and silver continues to be convulsive. For years both have moved in tandem with equities - the exact opposite of what a real safety hedge should do - and today that was certainly the case. This is problematic for bulls and for those looking to catch a bounce since equities are long overdue for a material correction and that may well have begun today.

We'd turn more much more bullish about a bounce when GoldPriceDirection.com turns bullish.  Their indicator's accuracy is without peer, as can be seen here.  We've not been paid or asked to say so.

A few MarketWatch articles worth considering that tie in with themes on our blog:

Gold will not make a comeback

‘Number’ on Fed backed tapering as early as June

Bernanke out by August, QE ends, rates up: Crash











We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Buying More VXX or HUV, Gold and Silver Commentary


In late January we went long VXX, stating that we would employ no stop as these positions were "to hedge market risk per existing long positions in general equities." 

In early March we added SH to then go net short the market

Here in the middle of May we've reduced long exposure considerably and wish to effectively go fully short the market, and to do so we'll add a position in VXX.  Some readers may prefer to consider HUV, the equivalent which trades in Canada, or an actual market short such as SH or SDOW.

Do not consider these types of positions if you don't totally understand the nature and risks of these instruments.

Here's a graphic showing the last 3 months for HUV, VXX, and the DJIA respectively:



While the DJIA is 500 points higher, or 3.3%, since the middle of April, and the S&P (to which HUV and VXX actually relate, though we prefer to discuss the DJIA) is almost 5% higher, both of these levered inverse instruments are at the same level as they were five weeks ago. 

At this stage if the DJIA were to drop 300-500 points rapidly, which is arguably long overdue, we'd expect gains of 30% or more in either VXX or HUV.  Of course there's considerable downside risk, however we feel that the current risk is reasonable. 

It's nearly halfway through the year and thus far there's only been five 2-day drops in the DJIA, all of them quite small, and zero 3-day drops. That's an amazing trend that will, at some point, come to an end.


We're now adding a full position of VXX, last at $18.43  On this position we'll employ a stop on a closing basis of $17.40 for VXX ($9.50 for HUV). 

Those more aggressive might consider the VXX August $18 calls.  Near today's close these were priced at $2.40



Monday night and Tuesday the action in gold and silver continued to be very volatile.  We've been asked how we're handling it.  We were stopped out on Tuesday with respectable overnight gains in AGQ of over 6%, but nowhere near what we'd hoped.  We hold AGQ call options (not diarized herein) bought at Monday's open.  The June calls are up 60% at today's close.  Can't complain about that.

Those still in AGQ might consider entering stops below Tuesday's lows, to be on the safe side.  Tuesday's action looked to us like the last vestiges of selling on desperation and margin calls before the expected big bounce, but it could also be the precedent for another plunge.  No one knows for sure, so be prudent and give it 50/50 odds. 













We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Monday, May 20, 2013

Nailed It Again! Gold & Silver, Stop Added On AGQ


Referring to this entry, we'll put a stop on AGQ at $22.90 to try to preserve roughly 10% gains from today's open.

We called the exact bottom last night, it seems, and with AGQ closing up 14% from our entry (effectively +19% from the call), we'll risk a bit of that profit for the potential greater gains. 

Should we enjoy the good fortune of AGQ rising materially again in short order, keep an eye on this space for updated stops.  We do not believe the ultimate bottom is in for silver or gold.  It's not even close in price or time.






We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Sunday, May 19, 2013

Time For Timing A Gold & Silver Bounce, Long AGQ


For context, please first read this post. It contains invaluable self-checks for investors and speculators of all types and levels, as well as an extremely important and simple rule-of-thumb at the end.

General sentiment has turned quite bearish on precious metals as gold and silver bugs have moved a little further along the "Seven Stages Of Grief". Here's how the psychology of precious metals bulls looked a month ago in the middle of April:





We correctly predicted the precious metals dump, then correctly predicted that the bounce would "only be a bounce before new lows", and now that gold is already back at its post-plunge lows and silver is lower it is time to look for a real bounce that lasts awhile.

All we can be reasonably sure of is that gold and silver will eventually go much lower, like it or not. Whether there's a material bounce first is mostly guesswork based on technicals that do suggest we're at or near an ideal point for a big bounce.

Here's a chart of the recent performance of GLD, the gold ETF. Notice that the gap down was exactly "filled" (red line) and now it's back to the recent lows where we can expect strong buying to emerge or another large fast drop in price should that buying fail to materialize:



Silver was down almost $2 (9%) at one point tonight in the futures market (vs. Friday's close) to new lows of $20.25 (gold is at $1343, down over $21 vs. Friday's close), and we've expected serious buying to emerge for silver around the $20 mark which seems to be the case so far.

While we maintain a long-held and highly profitable half-position in ZSL, a silver double-short ETF, half of which was sold for a 62% gain just six weeks after purchase, we're going to go long silver - to some degree effectively hedging our short position (and remaining gold short positions which we've referred to but not diarized on this blog) - via AGQ the ProShares Ultra Silver levered long ETF at Monday's open with no stop level for the time being.

AGQ is down about 90% from its May 2011 highs when silver peaked, and more recently is down 2/3 from its October 2012 highs which includes a nearly 50% fall since February 2013. It may seem that a big bounce is overdue, and certainly there's the possibility of tremendous upside, however another 50% drop in just days is also very possible so attempts at timing a bounce - especially with a levered instrument - should only be made by those who 1. are already well ahead in their gold and silver positions over the past few years, 2. have shown consistent timing skills in actual trade executions over time, and 3. are ideally somewhat hedged and fully understand the risks in precious metals speculating and levered instruments.

   

Here's a pair of interesting articles, showing our past predictions on these topics apparently coming true?:

Is the Fed Prepping Markets for the End of QE?

Homeland Security’s move against Bitcoin on Mt. Gox could foreshadow closer regulation.











We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Friday, May 10, 2013

Shorting Junk Bonds (SJB) Update


A few weeks ago, we offered "Buying SJB to Short Junk Bonds".

Here's an updated chart:



Nothing's changed with respect to the trend, other than it is closer to ending. 

The green line is now at roughly $30.60, above which SJB should turn extremely bullish.





We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.

Tuesday, May 07, 2013

Major Indexes, Major Resistance


Here's a look at the three major North American, and arguably the leading global, indexes. 

Overhead trend resistance is clear:









 
 



We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.




Friday, May 03, 2013

DAVE, Famous Dave's of America Inc.



Famous Dave's presents us charts worth keeping an eye on.

Currently DAVE looks to be at or near a very good entry level.  To us it looks bullish if closing over $12 and bearish under $10.  If shorting, we'd enter soon and cover on closes over $12.

 
 

Currently we've no position and do not intend to enter a position in DAVE.





We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.


To be notified when this blog is updated : Please e-mail christianguinness@hotmail.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.