There are two things keeping me from going all out on the long side, BAC and COF. These two continue to trade lower while the market moves higher, and I will continue to monitor them on a constant basis.
As for today, I’m seeing breakouts everywhere: BIDU, GOOG, & AAPL, just to name a few- (watch RIMM above $57).
As you know I went 100% long yesterday, but was a little timid, and sold off my TNA, mainly because I did not want to be “That Guy,” you know, the one Fly was writing about the other day. Nonetheless, my buys from yesterday: AAPL, ENER, & FAS all look good today, so all is well in my hood.
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Are you going to hold the tech longs overnight? CSCO reports and while i love them long term the numbers might be real ugly and guidance even uglier.
Just took AAPL of the table @ 95.80.
COF perking up a bit here.
JASO ripping.
which looks like the better short to you RC? BAC or COF?
I’m bathing like Scrooge McDuck in my spwra options
Don’t short BAC here.
RC – Can you revisit EGO from your Watchlist & share thoughts
Big flag on FAS, it will break one way or the other.
EGO looks great.
BAC is tumbling down a steep cliff
If we can get going to the upside, things could really take off here. But, the key word is “if”
Are you a democrat? First you go ‘all-in’; then you sell some; then a few things will stop you to go ‘all-in’ again.
DTO if you think oil is breaking down here…
RC, GIGM BTFO ….
8, thanks for the heads up. Been watching that a while, but can’t jump in here with the market falling.
8,000 is the only thing that matters at this point, so it seems.
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well, market not close yet, but so far your “break out” look like a “fake out” on all QQQQ, AAPL, GOOG, looking like a shooting star… if we do close at the low, then false break out (bull trap) usually follow a fast breakdown to the range low…
Hear ya …. watching 804 SPX
Anyone chasing V in the evening session? A little MOASS action going on.
Are you piling on, RC?
nope.