Total pageviews are down a little bit today. Must be that all the trolls have gone away...
Well, if you've been a regular visitor to Turd's World, you're probably having a very good day. If you took my advice and bought at Turd's Bottom, you've probably made a lot of money over the past 5 weeks. If you learned from experience and bought the EE smackdown just last Thursday, you've probably made a lot of money over the past 3 days. Even if you've just watched and learned, you acquired valuable experience that will serve you well in the future. This all pleases The Turd greatly. That so many have benefitted from this little blog is wonderful. That all have gained without having to shell out the hard-earned greenback other, "professional" sites require makes The Turd very, very happy. Even The Turd has benefitted as his GPL is kickin ass and takin names on the AMEX.
OK, here's your summary for today. First of all, I just purchased a couple of April $105 crude calls. I printed this chart to give you an update but, when I looked at it, I was so impressed that I had to buy some calls. This thing looks like one of those 9 1/2 month pregnant gals you see out walking around from time to time. In other words...ready to pop!
Finally, here a new one I'm playing around with: Corn. Behold this daily chart and note that it just keep marching relentlessly higher. As long as it stays priced in dollars and as long as our inept, foolish politicians mandate that we burn it instead of eat it, the price will continue higher. I own July $7.50 calls.
OK, that's it. Have a great evening. Be on the lookout for some EE activity but buy the dip if it materializes. More tonight, post-Harvey. TF
9:00pm EST UPDATE:
Not much to add tonight. The metals are drifting lower but that's OK. Kind of hoping for a dip I can buy, anyway. Crude is maintaining its footing above $100 at 100.26. So far, so good on that breakout that I'm looking for.
I apologize for subjecting you to this but, if you have 7 minutes of your life to throw away, I encourage you to watch this clip from Cramer's show tonight. Not only does he makes the case that gold is going much higher, he touches upon crude, too.
OK, what a great and fun day. Tomorrow is going to be crazy so get ready. Turd out.