I have been selling a few naked puts (don’t try this at home) on the open this morning and buying sbux, and IGT and some SPY for a trade. This is fear. This is good. If you don’t own stocks, moments like this is when you start. If you are scared, stick to the strongest …
Tagged: Trading
Was just the 'IDEA' of a Wallstrip Dow 13,000 show the Kiss of Death….Nah!
I bugged the Wallstrip crew to get a feel for the bullishness and they hit the street for a Dow 13,000 show last week. We wanted to know when! Funny stuff as usual from the citizens. Who knew that a 400 plus point drop in the DOW and a 9 percent decline in China awaited …
The "Trend is Your Friend" but Trends END.
This bull market is ripping away day after day and is making people like me look smart. It’s not supposed to be easy. it is not easy. I am not smarter because some of my stocks have tripled and quadrupled. I am standing aside and letting things happen, but the bull is making things happen. …
Trends End…AND a Friendly Reminder on Brains and Bull Markets
Oh boy – remember this beauty from our friend Cramer. You gotta read it for the education. The only thing to remember is that trends end. ALL OF THEM. Some end softly and some end up like most of those in Cramer’s New World speech. See – Cramer was right on about the ‘New World’. …
Lot's of market action and the Sun's finlly lose to the Wolves
The Sun’s win streak is halted by the lowly Timberwolves reminding me, and hopefully you, that all trends end. Most times when you least expect and conditions are ripe for continuation. CROX keeps cooking ( I sold in the high 40’s) , hitting $53 today. The trend can go much longer than the 35 percent …
January Market Tops to Continue…?
Lot’s of great looking all time highs so it is tough to be bearish. I have been selling down some big winners to finally get off margin and nibbling on a few all-time highs – healthcare mainly. I still think that China blew a top and that when the Olympics roll into Beijing we will …
Hype and Optimism vs. Hate and Pessimism
Don’t be a sucker for hype. That said, I choose hype over hate and optimism over pessimism. You should too. I just found out that FLY is only 30 years old. Here is some pretty wise stock market (and life) thinking from such a young dude: I know, any day now the market is going …
Commodities dddone?
The CRB is actually below it’s 200 day moving average. Obviously the decline in oil has had the most significant impact. The copper implosion has not helped I am not trading off this (long USO), but it is the first time in FOUR (4) years that the index has traded below this average. I consider …
Lindzon's Top 10 Investment Themes for 2007…
I made predictions last year. Some REALLY good ones. I should be much wealthier based on these predictions, but alas, I am a wimp. This year, just the themes I will be watching. 1. Commodities – For 2007 my focus will be more on water. 2. Mergers – a continuation of this trend. Bigger and …
Taking some more profits in 2006, but buying a little Apple for a trade.
I have been pretty leveraged the last 6 months. Start-ups, angel and venture investing and stocks. Impossible to avoid stocks with all the new all-time-highs the last 6 momths. I remain very bullish on things that I control and private investments, but am going to seize the amazing stock market run of the last 5-6 …