iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

The First Big Snow Is Jesus Blessing Our Economy

snowgod

Christians must have done a fine job celebrating the birth of the almighty one up here in the Great North, for their Lord is blessing them with heavy blankets of the white and fluffy. Dashing through the snow are disgruntled motorists who swarm on their nearest grocer like locust.

Costco was totally wiped out with checkout lines rounding the apparel section making me a captive audience to the Vitamix presentation. Frustrating it was, because I am a proud Bledtec owner. Similar mania was enjoyed in Kroger and oddly enough Dick’s Sporting Goods?

Nothing says, “go out and consume, my children” like 24-hours of snowfall. The economy is ripping on all cylinders with biblical backing.

What’s on your radar this week?

I like my LEDS. If Friday’s pop in low brow RVLT and LEDS does not get the standardized fade treatment, we are at the early stages of something beautiful. RVLT is the best positioned company publicly traded company, with OESX second in command. OESX ran into year end and I feel like a chaser but I love the story, love the company and I see huge demand for their products and their publicly traded stock.

Remember folks, I have existing and rather larger positions in CREE and RVLT. We keep disclosure full only over here. But I am a stubborn futurist who sees LED lighting as one of society’s first major infrastructure advancements. The numbers on retrofits make far too much sense for businesses to ignore any longer. These savings only improve every six-to-nine months through the intense research by our friends at CREE, Gods work if you will.
I like plenty other stocks based on charts alone.

Watch FB closely this week, it has been flagging, bear variety, just below its daily 9 period EMA. If it breaks down, then I am keen on how my YELP, Z, TWTR, and ANGI perform. If they brush it off, great. Otherwise, I may reduce exposure. If the bear flag fails to break lower, then we must turn all this thinking on its head.

It sure would be nice if FB tanked, putting all the stupid fund managers who positioned in the behemoth in the hole. I just don’t want it to drag down my holdings, naturally.

Let it snow my friends!

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5 comments

  1. matt_bear

    You selling at $4 for a trip to the bottom of triangle in RVLT?

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  2. Raul3

    I’m selling @ ATH or near end of Q1, whichever comes first.

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  3. Raul3

    And even then it’s only a scale. This is a long term hold for me.

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  4. elizamae

    I bought a vitamix as a family (pagan) Xmas gift and it’s pretty much the greatest thing of all times. It’s like drinking an icy mug of delectable compost 2 times a day.

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