Piratery Bags: Are they a bottom or are they a top?

by Julia Mezzanine Tranche

Long or Short has long covered the piratery sector. Recent retail hand bag developments have mandated we review the sector, using our patented “Bottom or Top” analysis.

Pictured above is the Ralph Lauren Pirate Motif Billfold and Integrated Credit Card Holder ($355.00) captured in the wilds of Ralph Lauren display cases.

We think this kind of pirate pandering is starting to point to the the fact that while the seas are still frothy for piratery, a correction will create a fashionable buying opportunity. The CTA we don’t have indicates that such an opportunity will present itself in 18 days. If you look at this bag you can see a clear 18 day skull and cross bones formation, which any technician worth his salt knows means:
“Day 1-12: Do not buy
Day 12-17: Prepare yourself and your portfolio with jolly ranchers and Mount Gay (have you got a little Captin’ in you?)
Day 18: Buy”

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Comments

  1. To The Hilt
    June 12th, 2007 | 9:57 am

    Day 19: Profit?

  2. nm
    June 12th, 2007 | 10:27 am

    Clearly, pirate accessories are for bottoms only.

  3. June 13th, 2007 | 8:07 am

    shameless self-promotion (for the last time).

    LoS is my inspiration. Check out

    [shameless self-promotion was here]

  4. Series7.5
    June 13th, 2007 | 8:08 am

    Relative value trade to short “piratery,” which is not a real word and therefor has little to no earning power although a small intangible value in sounding kinda british and old-timey, long “piracy,” which in modern times is a $20+ billion industry, and can also sound kinda british and old-timey if you pronounce the i as a long e, like “peeracy”

  5. June 13th, 2007 | 12:49 pm

    WannabePlayer-

    We acknowledge your existence, and will link to you if management of your site creates a track record worth linking to. But we generally edit out off-topic self-promotion. It does not mean we are not totally gay for you.