I find that these guys can calm my nerves when my stock is down. If you don't know what I'm talking about, go to Yahoo Finance.
1) put your stock symbol in "Get Quotes"
2) go to "Basic Tech. Analysis"
3) go to "Bollinger Bands"
If your stock falls below the lower grey line, it's still a good buy according to this Bollinger guy. My stocks that I'm losing my butt on usually qualify as good "buys".
Who knows with fickle "Mr. Market"?
Tuesday, March 22, 2011
Tuesday, March 8, 2011
Darn That Kha daffy Duck
HERE WE GO. Dow up 190, down 176 the next day. 1 1/2% daily changes are emotion charged and are unhealthy for the market.
The Dow continues to lag the other benchmarks', although forward compensation on that front looks good. I'm looking for just a nice 20 or 30 point bump per day for a few weeks. We need to settle this upset Mr. Market in a hurry as we only have a few months left until "SELL IN MAY".
Not ready to 2X short gold yet. Stay away from any (benchmark) stock index ETF's right now. Opportunity to double down (see SDS) is coming. Patient, may be a few years yet. Double up (see SSO) is way gone. What can you make, a lousy 40% maximum? (That would be in a 20% DJIA increase to an all time high.)
WEBSITE HERE
The Dow continues to lag the other benchmarks', although forward compensation on that front looks good. I'm looking for just a nice 20 or 30 point bump per day for a few weeks. We need to settle this upset Mr. Market in a hurry as we only have a few months left until "SELL IN MAY".
Not ready to 2X short gold yet. Stay away from any (benchmark) stock index ETF's right now. Opportunity to double down (see SDS) is coming. Patient, may be a few years yet. Double up (see SSO) is way gone. What can you make, a lousy 40% maximum? (That would be in a 20% DJIA increase to an all time high.)
WEBSITE HERE
Subscribe to:
Posts (Atom)
