The Bull goes to LA

The Blog has been down of late due to a "large increase" in viewership. The Bull has been out on Business(more on this shortly) and was unaware of the technical malfunctions of "blogspot" until everyone's favorite poker player "Big Add" informed the Bull. I am sure many of you panicked and wondered if the Bull had decided to run to and hide. Let it be known, the Bull will not always be here but he will leave and then return in his divinity at a time thereafter.

The Bull was out in the City of Smog(otherwise known as L.A) this past week on business(looking at properties and investments) and pleasure(NCAA regional basketball games). The Bull had time to have his chauffeur drive him around most of southern California and saw all of L.A, Anaheim, Newport, Long Beach, and Laguna Beach. Here are a few observations that deal with business and these locations.

1. O.C people think they know what having money means.

- Am I the only one who thinks Beverly Hills and more specifically Rodeo Drive is more of a tourist attraction than any sort of high class living/shopping. Sure it is filled with 300 series BMW's from the aspiring musicians, and actors, but what makes this place so special. I realize they have a Versace, Armani, Chanel, Gucci, ect but so does Caesar's Palace and thats a fucking casino. One person even had the audacity to question the Bull as to whether throwing a pair of newly purchased 1,800 dollar Versace sunglasses into the trash was the "smart thing to do". Hey pal, 1,800 dollars or 18 cents, if the glasses can't stop the sun from bothering me then they are worthless. If these people had close to the money they thought they had they would never be questioning the Bull on some lousy pair of 1,800 dollar sunglasses.

- In Laguna Beach I saw five Lamborghini Reventon's driving down Laguna Avenue. It looked like a gay pride parade the way these cars were painted. The cars mixed pink,light green, yellow, light blue, ect into one big mess. It looked like these cars were taken right out of a matchbox kit. Then of course all five cars rev their V12's and take off, making sure everyone notices these pieces of shit. Clearly they were not from Laguna Beach(they have better taste in cars) but do these people think driving around 200,000 dollar cars is going to impress the Bull?

Going along with this, it seems every car in Southern Cal is either a Lexus, Mercedes, BMW, Infiniti, Range Rover, or a Ferrari, these are all nice cars but how many people want to own the 760I BWM before it becomes cliche? Driving a Beamer down there is like driving a Camry in Kansas, everyone does it. Time to upgrade. The only one impressive car I saw the entire time was a Bentley Convertible 2008.

- Visited the site of the "most expensive real estate in the world" otherwise known as Newport Beach. 3.6 million dollars for a little shack on the ocean. I am sure 99.999% of tourists are astonished when they see those prices but that hardly pays for the kitchen in the Bulls residence.

2. The "greatest financial mind in L.A".

- The Bull was listening to the radio as he cruised around Compton listening to a radio financial host who billed himself as the "greatest financial mind in L.A". Now I will agree that there is not a single intelligent person in L.A when it comes to business so being the "greatest" is hardly an accomplishment but allow me to share some of the questions and answers that were given.(These are 100% true)

A. "Where do you see the stock market going?"

- "Well Jim, I would NEVER predict where the stock market is going to go in the short term but in the long term it will go up.

B. "What do you mean by short term?"

- Well XXX, I believe that short term in the stock market is anywhere from 1 month to five years. NO ONE can predict what will happen in the short term but in 20 years I think the stock market will be higher than it is now.

C. "Where do you see Oil prices going?"

- Well, once again I would NEVER predict where oil will go short term since NO ONE knows, but obviously over time it will go up. I think gas prices will continue to rise.

D. "Where would you have your money right now for the short term"(The Bull swears this answer is real)

- Well...pause.....I think a lot of people are mad at the stock market right now. And I don't blame them. The stock market is only for the long term so I would not own stocks, instead I would have some money in a CD and "SOME IN A MUTUAL FUND".

E. "Come on now, don't you think saying that it is impossible to predict the stock market in a 5 year term basis is going to far. There are people on TV giving daily picks who seem to be experts"

- Look, ANYONE who tells you that they can predict the stock market and give daily picks is a CON-ARTIST. NO ONE knows what tomorrow will bring and no one ever will.


Sadly, the Bull only caught the last 25-30 minutes of the "greatest financial mind in LA's" show but it got the Bull to thinking. What if the Bull went on Larry King Live one night and answered questions for an hour? Surely the Bull would be laughed at but when the Bull's predictions started to become true would he become a cult hero? Yes he would but the Bull loves being anonymous. The Bull is a modest guy after all.

But wouldn't it be great if someone just said "I see oil dropping to the 103-104 range int eh next 7-8 days, I think it will then linger for about two weeks before dropping to sub 100 numbers. But after a month of going from 97-105 it will jump all the way up to 125 by mid June." or if someone said "The Stock market will finish the year at 13,865 given current conditions, if Bernanke does the correct moves we could finish up to 14,786 give or take 20 points and at worse we finish at 13,278. What if the Bull went mainstream? What if the Bull disclosed who he was? What if the Bull showed his DIVINE wisdom?

For that we will never know, but what I do know is that i have some picks for the rest of the day.

At this very minute it is 11:06 Eastern Time.

7 Picks:

1. CTZN - 9.53 - I have merger hopes of this stock.

2. IMB - 5.32 - Should receive good news about mortgage and lending today.

3. ASTI(also like ASTIZ) - 9.11 - In talks with new underwriters, stock should be up much more than it is. Maybe even 10-15% more than it is.

4. CSK - 3.98 - Just saw on CNBC a story on the stock, should see a jump due to the coverage and the news on stock. Will not last, get in and get out.

5. STP - 35.88 - Another Solar play, all solars are up 10-15% today and yet this stock is barely up. Should jump with the rest.

6. MTH - 19.52 - Another mortgage company that is going to be bailed out. Also got upgraded today but no real large spike yet.

7. COIN - 9.78


The Bull