Thursday, April 10, 2008

The Bull's Amazing Day

There are times when the Bull just wonders how he does it. How does the Bull manage to be up 25.49% today when he owns 18 different stocks. Well their percent up for the Bull today were in order from highest to lowest: 100%, 68.75%, 67.33%, 35.71%, 33.33%, 26.67%, 25%, 23.93%, 19.76%, 9%, 8.91%, 8.34%, 6.19%, 0%, -.68%, -1.17%, -1.76%.

Of course if that is not enough the Bull's shorts were down 10.77% on five different shorts.


The Bull was going to take your inside the mind of the Bull but for reasons the Bull cannot post, that blog entry will have to wait for another day.

So I will get right to my take on tomorrow's market.

Biggest news of the day is GE reporting earnings. They are the barometer of the entire worlds economy and the market loves to follow their earnings. The good news is that 2 of the last 3 quarters they have beat earnings but the bad news is that they are only 3 for 11 in the last 11 quarters. But they have also beat earnings their last 3 "fourth quarters". But will the earnings really matter or will the guidance mean everything. Its a mixture of both and I would not short or long this stock since it moves with such large volume its hard to get a big swing either way.

There are only five companies reporting earnings and the only other one worth mentioning is EXH which I do see beating earnings and getting positive guidance.

The Bull likes PTRY as a come back play but would set a limit at around 10.50 in case the stock does have another 33% drop. The best play would be to buy this stock and then get some put options on it to limit risk.

I would also be long in PSMT, BGP, BHI, GAFC, BRWC.

The Bull wishes he could post his original entry but he will post it at a later date when the time is right.

The Bull

19 comments:

Anonymous said...

ptRY seems like a huge gamble Bull. I guess I like the limit sell on it. Take a look at the put options, how is one that should be cheaper more expensive

Anonymous said...

What u mean Ryan?

Anonymous said...

The 15 dolalr Put is more expensive than the 17.50 put

Anonymous said...

Thanks for hte post bull

Anonymous said...

ANyone got any more thoughts on GE

Anonymous said...

I think GE beats earnings but slightly. They are a 6 brancgh company and a lot of it is interantiaonal which will help a lot

Anonymous said...

FUCK GE MISSED PEOPLE. WE ARE DOOMEd

Anonymous said...

FUCK LIFE

Anonymous said...

Were down 107 pre market people

Anonymous said...

Does anyone else get that feeling of a down 250 day.

Anonymous said...

Great call on PTRY Bull. I do have limit sell but up 10% on it right now. Thanks

Anonymous said...

Agreewd nice call Bull, I am playing it as well

Anonymous said...

Ryan,


Seems like you should have taken that gamble buddy

Anonymous said...

Nice picks Bull hwo is Miami

Anonymous said...

PTRY up 20% on a day the market is down 200. YOU ARe THE FUCKING MAN BULL

Anonymous said...

I love the Bull

Anonymous said...

PTRY I had for 35% of portfolio. thank you bull

Anonymous said...

reload with some new picks for the new week bull

Anonymous said...

I am shorting hte market all next wekk. its not going to be pretty. Get into DOG(Short dow)