Yes Bob one day it will end, but identifying the time is what demonstrates what kind of trader you are. Maybe we should discuss sings of a market top. I am being more cautious than ever as far as stops. This month has been incredible and I don't plan on giving it back. So, the day I go to cash is the day the market is up nicely and reverses and closes down, especially on big volume. I don't mind being in cash when the market is tanking, I even get to catch up on some much needed sleep. I agree that this market is out of control, but you have to play to win. Caution here in terms of stops is advised. The higher we go the higher the risk.
MDCO close was very nice. It looks to test the high tomorrow.
Yes ORBKF sell off was insane, as it sold off on the Valor lawsuit which hit the dow. I expect a rally into earnings, but the mm's sure didn't mind shaking out some weak hands, which was fine with me as i got in 5/8 cheaper.
EGLS looks great.
SIII vol over 6 mil today, and has been higher for the past 4-5 days.
ATMI-stupid mm shake out on no volume
IIVI-they took this one down 2 bucks on about 10K shares, what scumbags, but happy to take some shares TSCO was selling short, and tried to cover to no avail, at 23 1/2.
KLIC closed strong.
FSII-needs vol, will sell into next rally to the 18's.
Did anyone catch TER FLC UTEK PMCS CRPB from yesterday's picks?
I can't believe I didn't buy TER or PMCS. Have too much on the plate already. |
