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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (2420)7/26/2007 7:49:36 AM
From: The Reaper  Read Replies (1) | Respond to of 6370
 
Europe is taking a hit this morning. Korea and Taiwan sucked pretty bad last night. Spoo's are down 1% pre-open. What was the trigger for this?



To: RockyBalboa who wrote (2420)8/9/2007 4:15:45 PM
From: RockyBalboa  Respond to of 6370
 
Today, even growth stocks took a beating; this is different to the last times when stock like Apple, Google, Rimm was invincible, literally.
Perhaps RIM saw the $225 the last time.

Today even the toughest stocks fell.

As said, the only exception is the heavily shorted junk.



To: RockyBalboa who wrote (2420)8/15/2007 11:41:55 AM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
RIM(M), looks odd with the stock today at US$204 but C$73... lol.

I took out some spreadsheet calc to find out what is cheap and what not.



To: RockyBalboa who wrote (2420)8/15/2007 3:49:04 PM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
The trading gods have heard my prayer. Who's hungry?

but still it was not the right strategy to short tech stocks... so far.
Perhaps this changes. Graham&Dodd have been turning over in their graves for years.