It should be a DREAM DAY for bears – Dell is down 15 percent (it deserves to be lower by the way). They are all on the phone with themselves talking about the end of the world. They have no idea that Dell was an irrelevant business to everyone but their employees, like back in …
Tagged: Money Management
Noise and Crowds…So Costly
Andy’s great post got me thinking again on this subject . In everyday life, noises and crowds leave you with a headache, bruises and anxiety problems. In the stock market, they force you to miss a trend completely or sell early. I was looking at two stocks, one I don’t own today Crocs (CROX) and …
Finding the Next Starbucks
Last night at Border’s I passed by a shiny green book entitled “Finding the Next Starbucks“. Pretty catchy title. Smart dude wrote it from Think Equity Partners. Here’s my major problem… Starbucks is currently the next Starbucks. The book is a long fancy way to do what you could do 3 minutes a day without …
CNBC – A new year but the same crap
I must fade the ridiculous RECORD CLOSE “BUG” on CNBC and just bought some SMH, SPY and FDX in the money Feb puts. Premiums are really low which likely means I am a sucker. If the shoe fits… No real reason to get aggressive here other than to fade the putz’s at CNBC and I …
The Bull is Snorting – Part 2 – The NEW FOUR HORSEMEN of the Nasdaq AND The "idiots" are in control?
Wow. Whoa. Yowza. Apple – all-time high Google – Ditto RIMM – Yep Adobe – Flish Flash the bears were taking a bath! The new FOUR HORSEMEN of the Nasdaq. Let’s throw in a little BIDU from that teeny Asian county CHINA! I did a few days ago at 101. Those are the stocks to …
Crotchety CROX haters are missing the point – for now! AND welcome Wallstrip's widget powered by InfoFilter
Opinion won’t make you money. At best, opinions can be entertaining. At worst, they will cause anxiety, concern and cost you money. I decided not too long ago to simplify my investing strategy. I trust myself and prices. I stick to a money management plan. The prices don’t lie. Trend following is really about prices …
DOW 12,000 and Climbing…OY – What a market for playing breakouts!
If your strategy is buying strength, this market is for you. The shorts just can’t buy a selloff. They will get one for sure, but after maximum pain is inflicted. One of the funny digs so far of Wallstrip is that the strategy won’t make you money. Please. Buying strength, even all-time highs is a …