Quick Thoughts – Twitter is Down

Posted by BobL on 8/06/09 • Categorized as Bob and Scott Originals

I normally post my quick thoughts via Twitter. I’ll spit a few out here since Twitter has a major failure this morning.

I feel like the ultimate contrarian indicator right now. Distorted, wrong, missing out.
Sold AIB and C yesterday. How is that for timing?! AIB up 8.7% today, C up 3.6% right now. I made money on the trades (met my goals), but I HATE TO MISS THE GAIN!
Could I be that wrong on AIG? Short covering?? Sure, but there is more than that. I still don’t see AIG here for the long term, but the value of the parts just went through the roof. The shelf offering pricing is looking pretty great right now. Tomorrow will be a big tell.
Companies are going to benefit before individuals in this recovery. The head count reductions and cost reductions are why the market is a leading indicator.
CELG had some very good news and got knocked with a downgrade today. Better entry point for someone.
GLW floating aimlessly. I like the restructuring of their green tech division, the street didn’t seem to.
Is the risk of a commercial real estate implosion suddenly gone? I don’t see it. In my eyes, it still exists. Better earnings from many co’s are certainly not thanks to taking on more commercial space. Personally, I lost a good tenant due to cutbacks from his co. We could/should see a major fail coming up.

This is what Michael Gondry came up with as a caricature for me. I really don’t look like this. However, my recent trading activity has made me feel like this.