iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Someone Please Hit The Reset Button

Futures are down a bit tonight, but I’m sure the dip buyers will arrive any minute. I am still having trouble finding quality setups, but still have a plethora of low volume/low price plays, click here for watchlist.

It’s amazing to see the strength of this market, but I for one would love to see some blood in this market to reset a few charts. The hardest trade, in my opinion, is to stay long up here, but maybe the hardest trade is the right trade.

Should be another fun day tomorrow, see you guys in the Pelican room.

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13 comments

  1. Yogi & Boo Boo

    I would also love to see a good flush.

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  2. discoordinated

    I second all that.

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  3. dumas

    everyone but the fed and the robots wants this. therefore, it will not happen?

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    • checklist

      i think thats how it will play out. the market is required by its charter to wait for a time when far more people would be happy to see it implode.

      And so my cash sits idle, staring at me, making 5% in this bond fund that my broker dug up that has never had quarter down more than 1%

      oh well

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  4. RaginCajun

    Today’s tape is comical, but loving it. In and out of things, JASO,SPWRA, EMKR, CRBC

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  5. Joe

    RC, thoughts on SD before earnings?

    My original plan was 2-3 year hold and 15 target. But this run has been so profitable, maybe I can get back in on a dip later since I expect no earnings surprise as this run up is all based on guidence imo.

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  6. Mary

    Why AONE is not moving up?

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  7. Quint

    RC, lots of nice low priced setups in telecom…LVLT, SONS, GLBC, HLIT

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  8. Teahouse On The Tracks
    Teahouse On The Tracks

    Added IDTI

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