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


To: robert b furman who wrote (4665)2/28/2017 2:13:34 PM
From: Kirk ©  Read Replies (2) | Respond to of 26426
 
Congratulations on your great success with COHU!

And thanks for the update.

I've been trading a biotech fund in my IRA and doing really well, better than my small cap picks in the newsletter but I think what it says is the big stocks follow my signals better than the small, high risk ones that have no real real products approved yet.

I just took profits again today to unwind some more of my 2015/16 biotech dip buying. I've been on "house money" with the biotech fund since 2014 but now I've got a pile of cash taken out worth more than a third of the overall holding.

I've got a lot of stocks that turn up just before my buy points at support... I guess I'm picking too obvious support levels or too many readers like my ideas and jump in front of my orders.... I can't complain too loudly as I enjoy taking profits and having both the cash and stock piles grow!

Small caps have done well already. Finisar more than doubled last year and is one that isn't too happy about going too low, but I just missed by pennies taking profits before it corrected 20% or I'd have bought back the shares for that decline .... as you are right, this small cap run could go for awhile.

but we might get an overall market pullback to reset our indicators including the CLX that seems at a very extreme value to me, but the expert sez otherwise... so who knows.

BTW, I answered your PM with an email so I hope you got it and my email didn't go to spam.

Kirk