CPQ ,, we were up almost +12 when it hit 37 ,, wetted my pants almost,, a classic short squeeze.. it will happen again tomorrow .
When ever cos exercise good old American tradition of head chopping in the bad times,, stocks soar,, when ever they bring in the head chopper as CEO stocks double,,,
QCOM is a classic case of part time worker exploitation and slavery ..with permanant position carrot,,, I used to love to short that stock,, I wonder how many of us are here due to an inturuption in our career paths and found this to be the only dignified way of making money ,, since we are all over qualified..
All airline stocks are shorts now... notably Alaska and Northwest,, NWC will die ..
Expect market volatility for next few weeks ,, and the stocks that looked good will turn on you like a whore who got paid less than bargained for ,, be conservative in your long position ,, unless you are willing to face 20 - 30 % adjustment and sit on it for a few months.. winmdow dressing season has started and as the Wall Street goes away ,, for summer to Hamptons.. we will be left with lost momentum,, heart wrenching long week ends ,, we got labour day ,, memorial day ,, 4th of July ,,, 3 days week ends,, summer driving season will start.. oil... El Nino on commodities.. Clinton's continuing saga,, then the old Unibomber effect ,, like PFE's blue haze..
Pennnies ,, play small,, if you go big like 10,000 ,, 20,000 and when that bottomless pit falls on you ,,, every .10 cents is $1,000 bucks ,, a lot of clams,, loose that and you will never see it again .. pennies are not as resilliant as stocks with investment criteria,,
One easy way to invest,, buy the stocks that every one hates...
We have used it over and over...
Like this year ORCL at 18,,IFMX at 5, PWAV at 10 ,,PTEN at 9 ,, TMAR at 18 ,,NSCP 16 ,, CPQ at 25 ,,, AOL at 20 ,,KLAC at 20 ....MCRE at 8 ... CREAF at 8 ,,, now SIPX and possibly OXHP ,, buy when every one dumps it ... it will have to be a good company with real PE and EPS,, not like ATCT fiasco of the Motley Fools of last year.. whom I know personaly ,, but who never bought MSFT or INTC or DELL ,, only success they had was with IOM and AMZN ,, in fact I remember them selling KLAC at 20 after having bought it at 45 ,, KLAC hit 74 last year ... another thing about FOOLS ,, they do not know when to sell.. and hold and hold ,, only recently they admittied that they were wrong and that many lives were ruined ,, in a public letter ..
Still I rather have Motley Fool than many chickens here with no head...
Be careful out there folks ,, land scape is changing ,,
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