TNA’s death has been widely exaggerated. Small capped stocks are making a valiant effort here, in the face of horrifying circumstances.
There has been just 1 oversold signal for TNA during this whole Russell slide.
And here we are now.
In my personal account, my largest position is still TLT–as it is being used as a ‘cash substitute’ and will be liquidated towards the end of August. Hopefully by that time I will be able to buy some stocks cheaper. However, as of right now, the market is due for a sharp bounce higher, especially since everyone is on edge–scared of their own shadows.
It’s important that we put in a base today. We do not need to come out with guns blazing, jack-kniving people in the face. Let’s have a nice, clean day, long Chinese burritos scam stocks, merrily going about our days like dignified gentlemen from the 1800’s.
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Dam it… All the money I spent on canned goods and a bunker WASTED!
Fly, thoughts on $vnet? Price target?
We go lower.
Not ending today at least.
Still holding TNA. Probably take it off soon and book gain.
Bought just before Fly said it was oversold. (I watch TNA closely.) Was nice to see the PPT flagged oversold as confirmation of my thinking.
PPT kicks ass.
What happened to the search box on this site? I took a year off from ibankcoin, just getting re-acclimated.
I hadn’t realized the search box was gone. Look at that. What do ya know?
If that can be added back, that would be great.
PPT subscription was paid for by utilizing it for my TNA call purchase. Thank you Fly.
And what’s this about TLT for a “cash substitute”? Do you think ol Ricky Ross aka Teflon Don wakes up every morning to look for a TLT quote? Cash is in the duffle bag, and piled in neat stacks on the kitchen table.
Red by the close?
No clue. I hope not. But in all reality..50/50.
HuggieBear needs some new shoes.
My Fav Color Huggie.
Fly, you still like LEJU after yesterday’s 10% draw down? I couldn’t find any reason why? Earnings are 8/20.
I am not into that stocks now. But post 10% drop, sure, maybe.