Trades
So…I finally took my dark colored glasses off…having missed a really nice run up that I recognized, but was so scared that the world was ending that I couldn’t pull the trigger. Now I think this rally is over-extended, so I’m waiting for a pull back. But, it just might not, although many many top [...]
Continue reading about Entered 6 positions, have already exited 1…and a little belief
We are in the midst of a bull market, and we have been for about a month. I got so sucked in to the view that the world was falling apart that I ignored the “tightening up” of the market, a sure sign that things were improving. Now, this could falter at any time as [...]
Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full DJI chart at Wikinvest For a while I’ve been thinking about writing a post called ‘Spooky’. This is because the market has been acting very strange for the last few days: in the face of fantastic [...]
Just finished reading “Reminiscences of a Stock Operator” by Edwin Lefevre which chronicles much of the life and trades of Jesse Livermore, one of the most famous traders ever. He operated in the early 1900s. A fascinating book…I highly recommend it. Probably the most interesting part was the end, where he described how he would [...]
AAPL still a long term buy…acting funny due to Nasdaq composite changing weighting to less than half what it was (no wonder it was selling off). Will watch closely for a future entry point. NVEC also likely a long term buy, but hasn’t caught the attention of the institutions…not willing to wait it out. EZPW…just [...]
Tomorrow, April 5th, I’ll be selling AAPL and NVEC in the morning. Oddly, for me, based on technical reasons that are way too gobbledygook for me to explain here. I will likely add to DECK if it goes up much tomorrow (yes, up), and I’m going to truly dip my toes in the water with [...]
“According to a sentiment survey by MFS Investment Management, 72 percent of advisers think U.S. equities are an excellent or very good place to invest; only 35 percent of individual investors agree. If historical patterns hold, the latter figure is bound to go higher as the markets keep gaining. “We are in the early innings [...]
Continue reading about Why trading is like poker…recent action is prime example
Over time, you’ll see what I’m up to, and I’ll post the rational for the trades. As I begin this blog, I am 100% cash (as of Friday morning), due to ongoing Middle East uncertainties, as well as, perhaps, a nuclear melt-down in Japan, not to mention a whole bunch of not so hot economic [...]
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