I closed flat today, even with the market getting hit. I do not want to trade in stocks of the day when the tape is bad. Those spec stocks can get crushed in an instant, so it’s not worth the risk.
I’m not gonna sell IMMR, MU or FRO. Everything else is fair game.
I will be looking for names that are growing revenues more than 15% yoy, that are down more than 10% over the past month. There is a very long list building and those who have been smartly placed in cash, especially those adhering to the core principles outlined inside of 12631, will reap the rewards when the market turns.
First you have to sack up and buy the blood. Therefore, you need to know what to buy.
If you enjoy the content at iBankCoin, please follow us on Twitter
you and Devil both all out of VHC?
Fly, just following up on MVIS, I realize I just posted yesterday so you may not have had a chance to make that call, but the stock is showing good strength lately after their latest financing. Would love to hear your views on an old favorite of Monsieur LeFly.
Fly, loved your risk appetite index in the earlier post. A thought to share. McClellan Oscillator went to record oversold territory. Last time it was this low, was back in mid Nov 2012. S&P has been rallying since then with a brief pause in Dec end.
great observation, TY very much.
one name is unxl
AAPL
Fly, thoughts on MCP? TIA!
Sell
You nailed that sell BTW
FYI, MU has been a big position of SAC. They may have to sell some.
potent news ~ As many of us now know, a vast amount of airplanes are currently spraying most of the Earth’s population with aluminum, barium, strontium, etc. Less discussed components http://www.youtube.com/watch?v=hf7QqOm7eG4&feature=player_embedded
I have cursed all…
If the free money is why we ripped for five years? Then is not the taking away of even one dollar(markets move on the margin) of free money a sell signal?
Obviously the crazy godzilla island is supposed to make up the difference. But the Nikkei sucked dicks at lows before they went lunatic. Does the spy do the same if we cut back?
However, when you experience lower back pain with period symptoms
it can be really distracting. It is meant to be
flexible and to supply a protective region for the major organs
like the heart and the liver. Physical therapy generally involves stretching,
strengthening and exercising the back in a safe and gentle manner.