Well Jerry , think it were wise sometimes , instead of pulling up new charts ( and i love your picks)
but more often visit and revist many of the same plays as we they roam from over~sold to over~bought , and we know them more intimately and the trading patterns are still fresh, trading them on the way up and down....until they go dormant.
If i have to trade NTAP for a 2week scause it's trending down , then the sector is trending up, and every dip buy on the daily makes me $$$ ask me if I care ! ( NTAP gone back to sleep for a bit )
also the rise and fall of sectors...and finding early on where goes the money flow.
Taking profits on the bios run-up , should automatically have given the que for scalping them right back down for the short ride... but newer picks sometimes obscure the view. And many were overbought yesterday, but the bios had run for 2 days and were begging for it.
Yeah , you surprised me when you said on the TQNT sell-off,
" We'll let TQNT settle for a few days" and get it ...and there you were , Bonsai Buckaroo jumping in ....
Jeeeeerrrrrrry ! Yiiiiaaaahhh!
meanwhile IDPH MEDX HGSI PDLI MYGN ARBA QCOM VRTS were tanking more and gravity was on our side ...PDLI MYGN love those baby's.
So it was ---->Trend day down! HOLD ALL SHORTS ! Had to have known the Supremes and lawers would take all day to reach a decision...only natural !
Hard for everybody to spin on the swivel chair from two days of rallying long to the short side...gotta think like gladiators...
;-)
Oh man been there done that too.... |