iBankCoin

Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

I Don’t Like Funnels

RaginCajun Fri Nov 9, 2012 3:49pm EST 3 Comments

The action is ugly. The pullback has lasted longer than most have expected.

Have we topped for the year? I don’t know, but I still think better days are ahead for the bulls, and soon. But, I have no confidence in my own call, and reading The Fly the last few days brings back memories of funnels and things of that nature.

I don’t like funnels.

I’m out of this godforsaken market, back to cash for the weekend, and it feels damn good. I’ll be back later tonight with the weekend top 100, you guys have a good weekend.

If you enjoy the content at iBankCoin, please follow us on Twitter

3 comments

  1. zzzdoc
    zzzdoc
    November 9, 2012 at 10:20 pm

    I really enjoy your top 100. What criteria you use to select the stocks?
    What is your take on natural gas?
    Ok. too many questions.
    I wish I was all in cash!!!

    zzz

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • RC
      RC
      November 9, 2012 at 11:02 pm

      Thanks for the feedback. The top 100 is a blend of fundamental and technical scores, only the high scores make the list.

      Nat gas I like with long term money, cheap, but might take a while to see return.

      • 0
      • 0
      • 0 Deem this to be "Fake News"

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy