I recently added a plethora of Puttables, given S.T. rounding tops at end of parabolic rises, among them: CMGI., XCIT, INSP, PGTV, PSIX, AOL, DISH, BBY, BID, TFSM, ARMHY, VRTY, VISX, GNET, WMT, WCOM, COVD, MSPG, VIGN, USAI., TER, CNET, SCAI., NTLI., and many others of similar ilk, right near recent highs only, with stops above recent recovery highs....there are tons of mostly NASDAQ techs that have to correct, especially seeing many Internets falling, even as they report "better than estimated expected earnings" (you know we do NOT "do" fundamentals, the way 95 % of all others incorrectly attempt to do).
I realize most all "puts" prices are too high, but that says we may be correct, dig ? a decent sentiment sign....last, for now, many "daytraders who have just plain been fortunate (to be kind) to have big gains" up till recently, are due to have their bubble burst at least a bit here....there is no way millions of people like that get to keep all their money, long-term....more sentiment, hearing more true stories of such daytraders getting blown up in recent smallish Internet/tech-type corrections--- and we are not even down much in those stocks yet, yes ? we shall see....
any others you are interested in, or see as tops ? |
