DELL: Rise and Shine Asshole, You just got your ass reemed!

Anyways, be careful when trading off of 'top-line' figures when earnings come out. Example, DELL came in with higher revenue than estimates last night, and I leaped on it because I had an itchy trigger finger, saw alot of buying pressure, and my brain was tired from studying. Of course DELL ends up missing 'bottom-line' estimates by a penny. Shares drop 10% after hours, so I have no choice but to turn it into an 'investment' and not a short term 'trade'.

In trading, when you start to hope and pray, you're dead. So I'm setting aside my rosaries for the time being and putting my confidence on consumers in Russia, South America, and India to lead DELL into growth, and not so much the actual management. During the conference call, Michael Dell dares to make a stupid joke around 20:45, and the CFO around 52:00 basically lapses into 'senile dementia' and says 'we can't find a single project of ours that doesn't have a negative cash flow' (he meant to say positive, but he must've been drooling down his Alzheimer's lip waiting to retire).

Well, it's a rather long call but you might want to buy some DELL after the dump today: http://www.visualwebcaster.com/VWP/Player/advplayer.html?id=44187&uid=2107630&time=GEELFFHEEEJEGI&digest=G4jBPfrFQBdY6V5dlJLRNA

And I'm posting on this blog using a DELL computer... 339am in Belgium... It is a very good laptop though, Dell makes the best laptops ever...

Battlefield Etrade: Quagmires

In the circled areas on the picture, you can see one such exchanges 'market depth' for Etrade stock. Bids to buy on the left, Offers to sell on the right. With the top line as front line troops. Frequently, the large numbers are 'bluffs'. Sometimes they are real, and it puts a ceiling or floor on the current price action. It's very similar to a battlefield at a significant strategic area (the peak of Kashmir, the shores of Normandy... etc). If one side wins, if one side 'cuts the Gordian Knot'... they can become the Master of Asia...

...sometimes it's a battle of attrition between small bits of infantry... sometimes it's like dropping the feared atom bomb... Warren Buffett I believe dropped a small bomb today against the 'sellers' of Etrade stock... the initial impact large... and the 'radiation' keeps cutting through in latter days...

"By the Tigris River... he fought King Darius again..."

Silver Rises like the Phoenix... SLV (the ETF)

Gold has been on a tear like tearing one a new asshole, and Silver was the unsung, quiet one...

Now the tables turn, and Silver is showing the ring generalship:

SLV is the ETF, as the futures and physical is too much a pain in the ass to trade:

Silver is my lover, and Gold is my bitch...