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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (299)12/18/2013 7:08:46 PM
From: Kirk ©  Read Replies (2) | Respond to of 26518
 
Yup. New ATH closing high in DOW & S&P500. Glad I stayed long despite some "pressure" to do otherwise.

New ATH today in my trading IRA and my newsletter Explore Portfolio too!!!!

Market came down and kissed the yellow line I drew some time ago:

Red curve at top is DOW... The other curves are CLX stuff...

I took profits when the blue line started to roll over then put some back in (into FNSR at $20.20) when the DOW got close to the yellow line. Worked out well as I'm above my last FNSR profit taking point and can now decide to let it run or take quickie profits of 12% to try again... With the blue curve just starting to turn out of the hole, my targets on fundamentals and technicals for the stock much higher AND the excitement over the improving economy... I'm holding for more, at least as of tonight! :)

When we saw some permabulls get bearish recently and everyone else still tripping over themselves to call tops... it seem the surprises will continue to be to the upside.