I haven’t really voiced any opinions here, mostly because I thought of this site as a stock market type site where market and business news and trades would be published, but since I’m feeling pretty strongly about the insanity I’m seeing, and I have to vent, this is going to be where I will do it for now. Here we go.. stupdity irritates me

Today wasn’t too good for the bears. I don’t know about how the bulls did, probably fantabulous. There were a few good snippets of news and it today’s market, anything not screaming utter failure makes for the a bounce and upward arc. I’m sure that Chitty reporting on Friday will cause an upswing too, just because they didn’t refuse to report earnings.

Time to make a guess at tomorrow’s future, that’s how people make money in the stock market. Guessing. Sure, you can whip out dozens or hundreds of charts and start trying to convince other’s that you know what direction a stock is going in, and barring news that is contrary to your directional guess you might be right. But chances are that you will only be right for a short period of time. I know, because I’m like you.

Uglychart wasn’t the easiest blogger to find information about. There was a little while that misinformation might have been used, but since the Retard Attack readers aren’t interested in phalluses fallicies, the time was invested to find information on the blogger that the world has come to know as Ugly, who will be referred to as Ugly Mike. Ugly Mike grew up in a small town in Cu… oh wait, should I be starting that far back?

Chitty went down a little bit today. Not enough for me to start bragging about, but it is getting closer for me breaking even on my April and May puts combined (right now the April’s are still negative, the May’s are positive). This Friday will be a big day for Chitty, or maybe that’s Thursday AH. Whichever one, I’ll be watching the numbers really closely.

I had the opportunity to sell the IWM position earlier today for a profit of $90 which was a welcome change of pace, since I haven’t sold any option contracts before today for the month. There’s been a lot going on in the life of this Retard and soon I might have a way of sharing it more with you. As of today, I can only let you all know that you failed to succeed but succeeded to fail.

C could have finished in the negative, but since the market was up that would be a little much to ask. I’m not going to ask for that much at this time, there’s still another week left before I become demanding and insist Chitty goes down in price. I’m not sure if it will take that long, but it if does I have my spam machine ready to email all the Jews at Smith Barney and Goldman Sachs and other investment firms a bunch of false stories.

I’m running out of money in my account. I still have some value to the positions I’m holding, but after buying 5 puts in IWM I only have $35 in cash left in my account. Maybe less. But am I smart enough to be scared? HA HA HA… come on now, if you really think that I’m that smart you wouldn’t be here reading still.

Chitty Group is going to sell some debt for less than full value, with the details not yet leaked. Speaking of leaked, what did some people hear about Chitty stealing from LEH in the closing of the market today? LEH stock dropped like Chitty should have. Oh ya, and check out what Yahoo is considering Citi being up today, even though it closed the day down $.18 (I’ll take any down day I can get from Chitty).

Here’s what I’m thinking, just correct me if I’m wrong here… The news about C (Citigroup) close to selling $12 billion in loans at a loss isn’t going to push the stock to all-time highs. According to a Bloomberg article, C has the thinnest safety cushion against losses in seven years. C isn’t planning on selling bad loans, they are going to be selling potentially profitable loans. Let’s see if the market reacts accordingly.