In all the excitement last week of stocks pumping hard from their pullbacks, I began buying and selling with great disregard for the underlying companies. My hon3y hole was showing up everywhere and I was simply grabbing on to the letters presenting my setup.
Next thing I know it’s closing bell and my portfolio is riddled with social media stocks. Holy moly, I own FB, ZNGA, OPEN, Z, and SINA. Yeah that settled in this morning like a hangover. But I must say, the charts say yes. I’m just wondering if the Facebook event is a sell the news type situation. They’ve certainly intrigued me.
As for the twitter and blogosphere, I’m thrilled to have all my new followers and I look forward to adding value to your trading day. I’d like to extend a special thank you to RaginCajun for highlighting me on his new #FF blog series.
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deserving, Sir Raul..