Smoking Securities

Half Baked High Finance

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Top stocks on
DUG doesn’t look ready to rise. I’d rather be long DIG.
F is headed for nationalization or something equally disastrous for equity holders. It may double on news of Henry Ford being reanimated for a LBO.
Hooray, FLR is establishing an uptrend. Needs a pullback.
GE is a financial, mired in resistance, and in need of a bailout, I would sell the stock and buy a blender.
WFC is a bank whose value is determined by the velocity and position of electrons. Stay away.

I spoke to a fellow who works at WFC. He’s buying as much WFC as he can, regardless of the egregious risks that entails. Maybe he knows something, but I suspect he will be making his last omelet when the eggs break.

Written by chucklesamadeus

December 2, 2008 at 1:55 pm

Posted in DUG, F, FLR, GE, WFC

One Response

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  1. […] don’t want to boast, but here’s my first post, though it maybe too late ’cause it’s from Dec. ‘08. My […]

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