Time To Get Turked Up

Raul3 Wed Nov 27, 2013 2:58pm EST 2 Comments

The markets are starting to crawl and I must begin making preparations for tomorrow’s festivities. The turkey gods have been selective in their benevolence, but have bestowed us with market gains nonetheless.

We seem to have timed our Apple entry well, yes? It is always nice when you do not have to wait for trades to materialize. But the best moves often take time. Take the LED industry. I made a killing in these names this year, yet here I am, large into this dip, sitting on my hands.

Sometimes I cue CREE and RVLT onto my 3-minute charts and watch them, why? They are stuck in mud for the time being. There will be brighter days for the space. Every flat day it becomes more a question of when and not if.

Tesla caught a bid today and started moving, and it quickly perked the attention of the astute trader set. It will be interesting to see if the lack of seller follow through can result in some buy flow.

I do not have much else to report on. I am all in, 100% long, and there are other names I want. I may make some lateral moves on Friday.

Have a wonderful holiday. I am grateful to trade and discuss trading with my internet people. You are the finest people I have never met.

Here is another reason to be grateful. BEHOLD A GODESS, Khatia Buniatishvili:

http://youtu.be/Sp2eRmsCxkI