The market is in the midst of a correction. Q1 is over and everyone is running for the exits. You don’t see it yet in the Dow; but it will surface soon. Look at former hedge fund hotels, like AAPL and all metals–getting their clocks cleaned cold.
High fliers like CREE are decidedly lower and MDB sponsored scam stocks have reversed lower, killing investors along the way (UNXL, PAMT).
Now is not the time for froth mouthed boat stock investing. Now is the time for discretion. While it’s true, I own close to a million shares of FRO, it’s also true that I have 65% of my assets locked in cash. Plus, I have more than 15% of my book short, leaving me with very little equity exposure. Some of the stocks left in the books are of the old man varietal, like KMB, CHD, WM and PEP.
Ignore the casinos like VHC and hunker down, small plebs., for the month of April brings surprises in the form of Jack in the Box styled punches to the face.
At least you are keen to the plot, all thanks to me.
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The real underlying question is … will Rhino crack?
AAPL is down due to Art & Tim’s inability to stay ahead of the game, not because of a market downturn.
That looks like a serious kick to the nuts to FRO
im barely down
I think I have a hernia from carrying all my cash to the sidelines – tons of it – what the hell am I supposed to do with it? AGG?
My BBRY-Up 4.59% today! I hope the shorts get their balls de-thatched and then just for fun get tossed in to a woodchipper.
My DVA-Up 1.11% today and another 1.33% AH! Showing good momentum.
I added to WNC and SWHC.
Bitcoins are worthless but invest in MVIS and SRS. Noted..
Carry on
apples and oranges, tulip lover
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