Hi Bob again; I Read it , & it makes sence..saw a lot of the big boys
slow down today..one reason I took to smaller caps , but with some
book value. I mentioned VUPDA..also took on MOOV..I see both of
them joined at the hip, ( they are not REITS but do own a lot of
real estate) ..so if a store don't go..heck sell the property to
another jerk.
I did good with HECHA, ( but sold to soon ) I seem to have the habit
of selling my winners to soon. :-(
Haven't done bad picking out of favor stocks that rebound
but I don't hold em long enough.
Jim
PS I took a small position in GOLD as a hedge, using ECO..she is
out of favor at the time..but she will be back, particularly if
the the bonds sell off, and the market corrects.
--------------------------------------------
It's hard to make money Shorting, the Brokerage houses hold all
all the aces, ( they short on the top and can arrange it )
often they short to the Johnnies come late shorters who are
covering.
stockdetective.com
forbes.com
the frist one leaves out how buy stops are picked off,
the second one implies it only happens on the Nasdaq, but
the same stuff happens on the NYSE,,it's just by proxy,
and the brokerage houses funtion as un-official market makers
useing progam trading as well as other scams.
Jim |
