I don’t have much confidence to do anything in this tape. So far we are up more than 20% off our November lows, and it seems stocks need a pullback, yet they still want to run.
If I was forced to make a trade here, I might as well short Jamie Dimond via JPM, as even he is not invincible from this financial mess. I also have no desire to trade AAPL, and will still away from that circus.
As far a today’s movers, check out a few Chart Toppers
Note: I’m still long JASO & DXO, but that may change soon. Also, I’m still working on getting the contest finalized, I’ve been busy.
If you enjoy the content at iBankCoin, please follow us on Twitter
How about you grab a nut and start scaling in long to this market.
Q109 is a strong rally – I’ll keep repeating it.
(obviously this assumes no outside event such as attack, etc)
RC, any thoughts on TBT? Should I chase it here or wait for a pullback?
Thanks for sharing status and link. When you have a chance, could you please describe the value you get from the chart topper list, in whichever type of trading context that may work for you?
LOL @ ‘Shroomz.
But not for nothin’, it’s not like RC left his nuts at home. Geez, he’s long DXO and JASO… that’s not exactly t-bills, y’know.
___________
I have no desire to get long this market, which is rather odd, maybe we do fly higher.
Bob, lately, I like to look at chart toppers to find high flying pieces of shit to short.
AAPL actually looks good here, I would like to see it over 97 first.
SNDK filling the gap, target 13.50
RC — take a look at the refiners. VLO will just not back down here, although I’d love to get some at $23.30-ish or so.
_______
I’ve been waiting for a pullback to get in VLO, son of a bitch keeps running.
Rage,
I said “fuggit” and took a small position. Now watch it gap down.
_________