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Non-Tech : Kirk's Market Thoughts
COHR 148.85-1.9%Nov 25 3:59 PM EST
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mary-ally-smith
To: Return to Sender who wrote (3399)9/4/2015 4:32:07 PM
From: Kirk ©1 Recommendation  Read Replies (1) of 26622
 
On a free chart?
You might add and annotation or two to the chart to make it clear when it is generating buy or sell signals.
If there was any super powers to this, it would be worth billions and I'd license it to the hedge funds or start my own. -grin-

For my own $ and the newsletter, I have a lot of charts that I look at as a group.

I saw enough this week that I put a LITTLE bit of my profits back into the biotech mutual fund I trade (FBIOX - monthly or longer holding period). The last time I bought back shares other than reinvesting dividends was in May last year after I managed to get a 21% pullback from a profit taking. I waited a little too long and only got have my last buy back in... so this time I'm starting a bit earlier and using a bit larger percentage....

I already added to one of my tiny, individual trading biotech stocks on the big down period... It, like the index, is still holding up above where I added...

My guess is we could see a big selloff Tuesday after people come back from vacations and perhaps there are margin issues from Asia... but then I think the value folks come in and we could close higher so I wanted to get SOME of my profit taking back in so I don't waste the opportunity.

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