Damn the markets REBOUNDED HUGE today
all green. All my stuff except TIE is up today
Hans is up 8% today (almsot back to presplit level again..no probs)
Goog up 1% (back to the 422 level as if nothin happened..this stock is a juggernaut)
AAPL up 1% back to the 55.6 level ( no problems)
TIE down 5$ since rec (still good though. )
CHAP up a few bucks
So far so good. The market has been selling off but im only two weeks into this experiment and you guys have to remember that these stock picks ahev a tendency to SOAR 3-10 % a day on nothin' but buying. But they are risky as well as with HANS yesterday. Should the market recover (which it will shortly) these picks will go to the moon.
The nasdaq is trying very hard to go higher but it cant with some stupid random bad news spliced in.
all green. All my stuff except TIE is up today
Quote from $CostAverageMAN:
Now I'm not one to short individual equities very often, but I will short Indexes as a whole and one of the best way to do this is through the Direxion Funds.....May 15th I put on a nice size position in many of these bear funds, and this is one I'm still holding.....So I would like you to let me know when you think the next 2% move in the QQQQ is coming....Just kidding
I really hope you got out of HANS before the split today....You could see this coming from a mile away.....becareful .....Speculative beverage money flowing into JAVb, CCBEF.ob, LBIX, FIZ (KO and PEP for a safe place to hide).....All of which I currently own....Sold HANS @207.84 on 7/6 before the split....
TIE up close to 6000% in 4 years....You may be a little late to this one, but good for trading....becareful and watch BA stock for a sign to get out...I personaly own CRS for aerospace titanium.
GOOG----Well I can't say anything bad about this one, except maybe CLICK FRAUD.....Great company, but I sold this one last friday at 425.60.....Earnings will be a wild day and could warrant some type of vega strategy, Long or Short that day is too much of a gamble and I was happy with my 13% gain....
AAPL----Back dated Options problems and last years story...Nasdaq taking it down and margins on IPOD questionable.....becareful
CHAP----YEAAAAAAAAAAAAAA you have a winner.....Great stock....Foward Multiple getting back up there, but I feel it can have a foward P/E of at least 12.....another large holding of mine, but very volatile.....I guess this goes with your theme of having some of the most volatile stocks on the US market in your portfolio.....I like it, but balance is key to building a stable portfolio
This is not meant to be rude, just my opinion about these 5 holding.....I enjoy your post, but making money is not as easy as it may seem during good times.....One must prepare a portfolio with the defense first and then speculate around core positions, during times like this.....Make no doubt about it this bull market feels like a three legged stool thats about to break a leg....Most indexes are floating right above 200 day MA (Russell 2000) or have broken down below and can't get started back up (Nasdaq 100)......The mighty DOW is hanging in there as the flight to safety continues....
$COSTAverageMAN
Hans is up 8% today (almsot back to presplit level again..no probs)
Goog up 1% (back to the 422 level as if nothin happened..this stock is a juggernaut)
AAPL up 1% back to the 55.6 level ( no problems)
TIE down 5$ since rec (still good though. )
CHAP up a few bucks
So far so good. The market has been selling off but im only two weeks into this experiment and you guys have to remember that these stock picks ahev a tendency to SOAR 3-10 % a day on nothin' but buying. But they are risky as well as with HANS yesterday. Should the market recover (which it will shortly) these picks will go to the moon.
The nasdaq is trying very hard to go higher but it cant with some stupid random bad news spliced in.
