"MSO is guaranteed to go down in a recession. Is it not?"
Hi RG,
I don't know if there are any guarantees. I would have never imagined the equips would nose dive 9 months before any hint of a spending slowdown, for example, but there are other examples.
I am going to post my equip trades for each week, fwiw.
If I follow the plan, most weeks will have no activity.
1. Shorted 8x Amat at 46.8
2. Shorted 4x Nvls at 30.275 average
3. Covered 3x Amat at 39.25
Current positions are therefore 5x short Amat and 4x nvls, with a net realized gain of 22.65x, and unrealized gains of ~37.5x.
As I posted earlier in the week, I am experimenting with a trading plan using ta on NVLS and AMAT, which causes the following actions to be taken:
1. sell and go short on a drop through the 30 week(was about 80)
2. going long at the 200 week and covering the short(37.04
3. going long again on a strong rise back through the 30 week(we don't know yet)
4. repeat.
Again, I stole the 30 week idea from another member of this thread, and the 200 week idea is mine from looking at old charts.
I have been an amat fan forever, based on fundamentals. My desire here is to make as much profits as possible. Period. AMAT does NOT trade on fundamentals at all, given about a 1 year time frame.
As all stocks do, it does indeed trade on its fundamentals over a multi year time line. |
