July 2007

You are browsing the archive for July 2007.

ON VACATION UNTIL NEXT MONDAY BUT HERE IS MY DAILY CHECK-IN…..

Five New Starter/Testing The Waters Short Positions

Remember, this market might be in a correction but the leading stocks like RIMM AAPL CROX GOOG TNH and FWLT have not put in clear tops yet. When these stocks start to breakdown you can guarantee the time to make the big fast money shorting stocks will be then. But for right now the market [...]

Five New Very Speculative Longs And One Stock I Am Adding To My Existing Postion

Nothing here is perfect, so don’t think I am recommending these for other people. Most of these will not only be under $500 each but most will be under $300. It just is not the time to load up on speculative longs. There may be some gems in here but it is too risky to [...]

No New Short Positions For Tuesday

If this was a bear market, JAH would make a good short here.
JAH

One New Featured Long Position, One New Very Speculative Long Position, And Two Stocks I Am Adding To My Existing Positions

new Featured long position: BPHX
BPHX
new very speculative long position: MCX
MCX
adding to existing long positions: WPZ ALVR

Nasty Last Hour Leaves Indexes Soaked In The Red, In A Week That Saw The Market Make A Major Character Change

No New Short Positions For Monday

I am still on vacation and since we have not had a rally followed by a failure I am still not shorting stocks. I will begin my bear operation only after we fail a rally here. You do not want to short now after all this extreme fear has been built up and so many [...]

One New Speculative Long Position And One Long I Am Repurchasing What I Just Sold

ON VACATION UNTIL MONDAY. DO NOT GO LONG NAK, UNLESS IT IS A VERY SMALL PORTION OF YOUR ACCOUNT. CASH IS KING, RIGHT NOW. HUB.A IS STILL A NEAR PERFECT CHART BUT A BAD MARKET IS OBVIOUSLY STILL WORKING ITS MAGIC ON THIS ONE.

No New Shorts For Friday; Remember, We Are Still Not In A Bear Market

This selloff will have to lead to a rally. If we do not get a follow-through day and instead start failing at the moving averages, then and ONLY then will it be safe to start shorting as we will know the uptrend is done for now. I missed the banks because the market was still [...]

I Leave For My Vacation Tonight And What Happens…The Markets Crash. LOL.