rat,
Well I always try to distill the BS down to real sheet.. And I am not fighting the tape, I never do. But I sure as heck keep my ear to the ground for something that might be the catalyst to topple, what I think now is a overbought market or vice-versa in the past.. In my experience, there is always an outside event, even small, that "turns" the market, at key points that the pure technicians seem to forget about when they analyze the charts after the fact.. JMO.. <g>..
Presently, I am not going short the spoos or buying puts on the OEX or even shorting any stocks now... I have been going long with selected plays, very small caps,like EMRG, RDVW, CULS, etc. plus holding things like DCGN, CORV, RADN, SUNW, etc that have done very well by me lately.. And of course, I have a portfolio of small Canadian junior explorers.
But I have my finger on the sell button and am not married to any.. And I sure as heck not buying the Yahoos and the AMZNs of the world up here..
Just my strategy.. So far it has worked.
Good luck and BTW, I have followed your thread a long time and like it for ideas..
c |
