Peter; I guess most of us see about what it is we are looking for
as we scan the posts. I do searches at times on some key words
to get a feel for where the herd thinks the market is going.
SI will let you search the more resent posts for such things
like what did I miss on CNBC
techstocks.com
Your RE no one really knows for sure. when it comes to
longer term that's correct, I don't pay much mind to any one
who says they do know, as I know it depends on to many variables ,
Interest Rates, Oil Prices, Dollar value, Political Stability,
and most of these are like wild cards in a poker hand, so
a calculated guess is the best one can do.
BUT Shorter term there are times I get right to the point.
Message 5429640
I was already long with my money where my mouth was when
I posted that, I hedged a bit to much and set a stop to close
and got took out just before that, but had jumped right back in
losing a 3/8th ( of could have been ) but still ahead,
the set the stop at break even 84-1/2, moved it this morning ,
and just moved it up again, my stop is now 86, and I'll
move it up as the market climbs.
Any body who didn't see the stair case climb from 2pm yesterday
wasn't looking or don't know how.
I also made clear from the start I have an 8900 short term target,
but that can sure change, I saw 8200-8000 as the max low befor
this rally, and also predicted a small cap run before any real big correction.
-------------------
Short term I'm a strategist, who believes liquid is more Fundamental
than earnings, and even if that does reverse it will be short
lived, and return in short order as long as we have a
Market Cap weighted S&P and more Mutual Funds Chasing it than
there are stocks. <G>
------------------------
No body but no body knows the future , that it's a sort of
Ponzi scam, that's true..will it break down , very likely
"someday or year"..but I don't even think the ones who are at the heart of it have any real idea when that day or year will come,
It's got Bigger than They are <G>
Right now them that didn't go long or cover their shorts can't
blame me I shouted loud enough.
Some sell programs just hit, the Bears are getting desperate,
this should be a wild afternoon, my profit is locked in on this
run, so let er roll, I think we make 8900+ anyway before we
go back and test for support.
It's back to Buy the dips.
Jim |
