Assholes

Assholes that is what everyone buying is... Or maybe I am. maybe we are not in the worst recession since the 30's. Maybe Circuit City will reopen and hire 1,000,000 people. People are just fucking stupid but thank God I knew that going in and hedged my shorts.

Rallying off of backdoor government bailouts and Citi executives not taking a bonus(shocker!) that itself should say that they are all assholes. And as you celebrate this new found optimism just remember that the democratic process is dead. Congress refuses to give the automakers money yet they still get north of $20 billion through the back doors. That's a big Fuck You America - You're Dead.

Into the rally it would be prudent to put on some longs. Look at some commodity names like RIG, XOM, some of the financials like C. Remember I hate these names but when in Rome.....


I've been a little behind lately but later today I would like to put up some 2009 predictions.