ed,
oozing? god, makes me sound like an open wound... or maybe a heart-on-my-sleeve democrat. (ed, my questions are serious. what does happen to au in deflation? i can't help if it you'all are to ignorant to know the answer)
it's nice to see the lite bulb going off in gotfried's brain, but fisher's news isn't news.
i have been saying rally's-a-comin' for about a week or ten days now - with proper qualifications. tomorrow will tell in some degree. how long has it been since the naz was up 3 days running? selling in the last hour today was quite contained. had the odd feeling this a.m. that it was gonna be like last year: sell all at the open and buy back around noon. i didn't, but it was.
i feel like part of a great plot to rob the innocent. my take: momos, including us, are now running the naz up, getting braver and stronger as we go. at some point regular folk decide their salvation is at hand and join in. then we see the sucker take off. can go, my prediction, to 3k+ on this run. not for any good reason, mind you, unless you believe in those sheep. (did i mention that a year ago this time i did have my head in the fence, and there weren't no ky jelly avail. - thot i was back in the big house)
so, these poor folk start moving money in from the m.m. accts. to catch the new bull mkt. and just about that time we all bail. ouch! a twinge in anyone's conscience?
naw. didn't think so. BUT, whatever happens to this little run - be out of the mkt. by june! so sayeth don hays, whom i do trust more and more.
i am presently:
67% begbx
21% tech
9% energy
2% cash
i say this to show that even tho i am convinced of this rally i am very conservatively invested.
i have been stopped out of txn, fcs, csco, and nok, all at a decent profit (this thread has gotten me back on track with trailing stops and i thank thee - used to hang out with mtg. house quakers) only one i was able to take back under my stop was nok. have also thrown some mad-money at sebl today. anyone else? none of my equity positions are over 4% of my total, and that is idti which went to 50+ in jan. and can do it again. yeehaw!
for laughs i will tell you what i am in: adct, borl, chk, cs, fdry, fgh- yikes!, gw, gx, idti, loily, nok, pgo, pkd, rfmd, saws, stec.
this is certainly not a recommend list! i am just flopping and stopping in the high lonesome.
don
p.s. the evening libation is rum - not wine! just went to palomas, mx. to pickup 10 months supply of scrips ($500 vs. $2500 at wally-world, and 2 liters of bacardi) may not be the best of times, but it ain't bad. anybody want to live in stitzel canyon all summer rent free? glad to talk it over. the 'yotes are out in force tonite and hannah the hound is frantic. full moon's a-comin', and by god there ain't nothin' like the hi desert and a full moon on a summer's noc. |
