RMDY said MEOW
on Friday; it's behaving something like a post-signal cat, though I'm super-wary of the beasts in market conditions like this.
I'm giving it till tomorrow, hoping it doesn't gap up. If things are looking less queasy overall, I'm in. Not to pretend any knowledge or even belief in the fundamentals, but it's a classic cat in that regard: A good product that went untended in a teetering market, management that failed to grow with the capitalization, superior competition--in short, everything one looks for in a cat.
DANKY signaled for the fourth straight day on Friday, entering the Feline Hall of Fame with a truly Maris/Cobb like record. Today's the first day showing a post-signal uptrend; however, the critter did a lot of upward bounce on the signal day itself (Friday's signal, that is). It's an ADR, and the "underlying" stock, back in England, did 14% yesterday--or at least that's what someone on the Yahoo thread said. Doug considers these 20% plays, and Friday's ricochet doesn't leave much upward promise from that. As little as I'm willing to argue with the Master (if he says 2+2=5, I just scratch my head and say, Geez, I had that wrong all along), the 20% figure is something I'm not in total agreement with.
Hi Doug.
Ivan |
