Jim, I don't read much on S/I anymore, most of it is just useless crap, people puffing to the next "greater fool"
As I said about 2 years ago, trading common stocks has become a zero-sum game, the game of the futures market.
I currently have no technical approach, all my old t/a has become useless, outdated, and I really haven't figured out a new system that works for longer than 15 minutes....
And surprisingly, I don't care, been having way too much fun this summer, in about 3 weeks I will get serious again, maybe sooner if the weather gets sh*tty...
AGR/a, one I know you like, had it's debt cut to junk today.
I sold my shares of OLN, for small profit, a bit over a buck, but I held it at the right time to get the coming 5% dividend. Cashed out of SWC for much more.
Not really holding much right now, just some of the rat-crap & some options on big stuff.
We had a rat popper do a 100%+ move the past week or so, OBCI. I had a very tiny amount of shares, (2000) but took the money yesterday.
There is just no way to tell if a stock will have a nice, sustained gain, or fall off a cliff anymore.
Goes back to that VAR thing we talked about long ago.
For those that don't know, VAR= value at risk, a banking term.
BTW, Suzuki & Kawasaki are joining forces to fight HDI inroads into the EU. It seems HDI has saturated the US market, gearing up for Europe. |
