Volatility..
Post April effect , hitting us ,, and it will continue to be until all the earnings are in ,,
We have rising trade deficit , government says no inflation yet, but everything aroud us from cereal to gasoline prices are creeping up including your rent and mortgage rates,,
Getting killed on nets,, but cyclical stocks are farce as well ,, losing entire gain in first two weeks of April in one sweep of a blood bath was no joy ,, for instance getting killed on LCOS ,, when logic and the deal says a take out at 94 ,, it's now hovering at low 70s ,, forgot to use 5% loss stop as I preach but failed to exercise it ,, gggg,, thinking,, wishful thoughts,,
At same time , I see Russell small caps,, making usual , Spring break outs,,, all the hype stocks ,, gets sold off ,, for nothing sustains the value except the hype indeed..
For traders,, best of times,, but I have gone long on VERT and XMCM ,, and will look for rumour stocks,, such as NSIT call of today ,,
A couple more rumour calls coming,, meanwhile stick with winners,, like AOL VERT XMCM IMKT DCLK EBAY YHOO AMZN etc,, for internets are the future,,
Good luck , |