XCR600, Welcome to the HOME thread, and thanks for your contribution. I agree with your rules about older Inets making better shorts than longs. Sorry, tho. . .TRAC caught me totally by surprise. What a move. . .sort of reminds of the way the internets looked about this time last. . . .APRIL. I agree about volume. But TRAC falls into same catagory as SELB. Probably will gap up, but what is the chance of it continuing run tomorrow? That depends on the speculative mood in the morning. If one of today's fliers takes off tomorrow, then there is a good chance the rest will. Ready with SELB and SIEB and TUNE, TUNEP. . .watching DLIA like seeing an ex-girlfriend at a party. I thought it was going down from 30. Bad call, there.
ALL: Believe it or not folks, over the next 3 weeks, I am looking for the exit door on the high-fliers, then looking for long-term short-sell plays thru the summer. I don't believe this current speculative bubble will last more than a few weeks [they rarely do]. . .then as I've said a dozen times, we head into a long slow bear driven summer.
Looking to go cash, hedge with short funds and walk away until the dead of summer when bargain hunting is at it's best.
Will wonders never cease? A long-term hard-core bull looking to change uniforms for about 4 months.
Rande Is |