Recent content by calibertrader

I'm laughing with you as I got long last week.

I wouldn't disagree. Just the mood the market is in right now, they might not be as rational.

In my opinion, GOOG will disappoint whether they beat or miss. The reason, their growth rate is slowing. I know it's fast in comparison to many other companies, but the momentum guys don't care, they want steady, accelerating growth. GOOG is decelerating due to it's size. And it's all about...

1) Agreed, that's why I was willing to get long after the confirmation for a bit. 2) Filling the gap on lighter volume convinces me even more that this was nothing more then a bull trap. The bears are trying to trap as many people as possible. 3) My main indicator for being bearish is...

Bearish opinion stands. The market is finishing up this last leg up over the 50dma. Volume has dramatically decreased over the last 3 days as the market pierced through the 50dma. It looks like earnings will get the sellers going again in the next two weeks.

Too much merchandise makes the cheap, cheaper!!!!

They do deserve a break, the problem is, the type of volume they traded on their breakouts you would have expected more of a follow through before the rest. The other problem, other breakouts just snoozed or failed to materialize. I like to see an army advancing not just the special forces...

Look at the number of stocks with reasonable to sound fundamentals breaking out to new highs (not all new highs). SMSI/VIP/AER are good examples. Then looks at the behavior of the markets and the two will correlate very closely. I could go deeper, but I would be here for hours. But I'll be...

Does anyone know if I can start a new poll in this thread? If so, how would I do it?

I did not like the rally from the start this morning. Once I could see that it wasn't going to hold, I made the decision to move to cash. Even the bounce this afternoon was fishy as volume decelerated from this morning. There are several problems: 1. The market is uncertain about...

Markets can stay cheap for a long time, no rhyme or reason needed. If a major problem is being foreshadowed, then the current value could indeed be expensive once the problem rears it's ugly head. (a 100 PE could be cheap if the company will earn 10.00 from 1.00 next year, new PE 10). 5%...

Very True.

That's asking alot from a market with so many uncertainties. Market's like to climb a wall of worry not uncertainty.

CASH is King. With so many shorts setting up and the markets inability to hold the gains, it's time to run, not walk, from the long side. So I spent the morning unloading and had fun catching some unsuspecting market makes trying to hold up their stocks. It's time to begin short selling...