Chart first this week. Why? Why not!
Remember the rant. Enjoy the chart.
Last week I stepped into some buys and ended the week basically 100% long. This week, I may step into some margin buys on significant dips, if they occur. Why? Why not! The models are […]
The dichotomy in the closed positions is enormous. Both my biggest mistake and my biggest success were stocks that I “doubled down” into adversity, Jones Soda and Everlast. Jones was a disaster; Everlast announced an acquisition offer and I sold out to use the cash elsewhere.
My SPY position hold, which was really a […]
I was wrong in my statement about the homeys bottoming in mid-June. However, there’s a good chance they’re bottoming here, as they seem to have found some supporting bids with the $HGX and XHB still above their 2006 lows. We shall see … no money on this for the kid, my positions, as […]
Is there really resistance in the $COMPQ dating back to 1999? The chart doesn’t have a mind of its own, does it?
To believe that the $COMPQ has resistance at 2632, not the 2630 area, but 2632 exactly, mind you, dating back to 1999, no less, you would have to be pretty ignorant […]
Yesterday, the SPY trade triggered a sell on the spike after the Fed announcement, and it took profits. Not a lot of profits, though. I need to use margin and trade this in size to make it worthwhile. If I were following the traditional program for the strategy, Thursday would also be […]
