Quote from $CostAverageMAN:
Thank you Cramer for my nice pop you gave this one.... haha.
38th stock i have owned before he mentioned it on his show, you gotta keep track when he keeps callin out my stocks.
Well BOT got the momentum and could still break through 118 resistance level (A valuation resistance level GPE)
For most of my commodity stocks. Last week was a cut your gains and watch for new entry points kinda week (STEEL, OIL SERVICE, MINERS, NAT GAS, OIL). Since I never short.
Watch for major US correction in the coming Weeks. S&P Test 1190 ( if breaks watch out). Dow could break 10700 support, but DOW 30 is actually my outlier this year.... MEGA CAPS out perform US market as a flight to safety in stocks begins to form by the major market movers who just hate more than 25% bonds and think gold is to high in the 625 AREA when all this shit hits the fan...Remember sometimes CASH IS KING.
Just saying sometimes you gotta just play with the years of profits and free stock you have gained.( eX. WHEN UP ON A 1000 SHARES SELL WHAT YOU GOT IN IT WHEN IT COMES TIME TO SELL) accumulation of wealth my friends while minimizing personal risk.
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Even though things can change, remember how strong CME finished UP when RefCo related news tried unsuccessfully to take down that stock in OCT-05.
BOT,OXPS,TRAD, CME are pretty strong longs;
if you like longs now