Seller's Remorse, At Last:)

Looks like we're in for a strong uptrend - the very day I move into money market too:) Let's see.

Prediction - Fireworks Again

Assuming we are going into a lengthy recession - and most indices have reached their MA's again, we should see some nasty downward action starting soon. If not now, then in about a month once they bounce off their 200-day MA's. Sorry.

Try 7000, Or Six!

How about that - just when we thought we couldn't go any lower - we notch up a new low. And did you ever think MSFT could stare at 17? Terrific stuff. Alwadi buying more C i t i is another sign to sell. It's just a move to get him more control. In a year, once his stake has broken even, you can bet he'll jump ship. Just like a Saudi oil-pirate.

Consider, I've lost a tonne in ISRG on account of holding from the 300 days, I pull out at about 200, get back in and out with a small scalp, and now, I stare at 100. How about that? This is a wipeout crash, not a correction. Make no mistake. I'm going in for a career as a personal trainer once I get laid off. Or maybe a relaxation therapist. My fascination is with the mind, and brain.

BTW, when the downturn was starting, one of my colleagues, seeing GOOG down from its heyday of 700+, said he was expecting GOOG to come down to about 500 before it was time to buy. Try 250 mate!! This was a Korean pap by the way.

How about MT dropping from about 100+ to 15. Did Lakshmi think he'd lose 85% of his worth in a few months? Amazing stuff.

Being a semis man, I say consolidation beckons. It's irresistable. A lot of blue-chips have violated some sacred supports. When it become M&A time, that's something to watch out for in a couple years. Firms going belly-up will want to merge with stronger competitors.

And how about BRK-B down to 2620!! That one just cracks me up. I can still see Buffet's genial old look beside the proclamation that he wouldst buy US stocks. And the poor co-worker who scoffed at my suggestion to sell his holding at 5000. Well, all this is nothing new. I will quote Baruch again : "I never lost money taking a prophet."

The bright side, my buddy who has sellers-remorse over MA gets a chance to buy back - but it'll probably be a bad buy by that time - credit will not be a hot market probably. We'll be on the barter system. Work for me, I'll give you lunch and dinner. And if you're really good, maybe a blanket.

And what about BRK-A cracking 80k? It just gets better and better! Think about it - what sort of people have the money to buy that beast? Now, those are the sort of people that are panicking and selling. So much for Buffet's safe bets that will stand the test of time. Without technical analysis, you are nothing in this market dominated by traders. Anything in the world that can be bought and sold on a dime and whose absolute value is dictated solely by what buyers are willing to pay and wheter buyers outnumber sellers requires the tools of technical analysis. Ignore them and see what you get. Wise up buffet!

Seeing FAIRX beaten down, and being a mutual fund, I was thinking of getting in - and that was when it was still at 21! See, Zecco's crappy slow-loading page can have benefits!

And the other prediction realized - DELL cracks $10 to become a PENNY STOCK!

Am I afraid? Yes, if AMD goes out of business, then INTC has a true monopoly. What happens to us little people then? Ooops! And more oops - Motely Fools says "3 Reasons to buy AMD now". That means SELL!! Damn!! That's one big embarrassment.

And what about the *d from IBD who, a few weeks ago claimed - hold on, you've proved you're not a good analyst by failing to call the top, why do you think you're doing the right thing now by selling. I nominate him for the ultimate online *d award. What a freak!

Think about it, IBD should have guessed the top by themselves. Bill O'Neill's rule it to watch for old dogs starting to bark. And when did WMT hit its all-time high?

And if you thought GE was cheap at 14, you've got to think again. Damn, I was thinking of taking a HUGE position at 18 when it made its all-time low for the first-time. This is massive ladies in herren. Did you ever think this behemoth could be a penny-stock? Think again!

Watch out for Grand Canyon. Follow the IBD rule of letting it build a base.

As for me, now sellers remorse over VWO - I pulled out at 26 (Shame for not getting out at 39) and saw it dip to 19 and then rise back to 25, now it's back to 18. But, this is probably not a safe one for a couple of years. They may even have to close this fund down.

This is history. Savour it, and profit from it.

Another Bitter Pill

but you knew it was coming. We're not done with this bear market. Not for a while. But, technically, it could still be an excellent time to buy in a few days - to sell within another couple days of course.

GOOG 280 - did you ever think you'd see that again?
And sorry, but this one I simply can't resist - BRK/B 2783. How about that for a spectacular fall. I can still picture in my mind Buffet's idiotic simper juxtaposed with the headline claiming he was buying US stocks. What a loser. But, technically, this is a good one to buy - but get ready to sell within a couple days.
This _is_ a full-fledged crash - just as RBS predicted. If you haven't gotten your money out, think about it very seriously - you'll get a chance within a couple of weeks. Pull out and wait it out.
VIP 7.53 - managed to pull out at 15+. But, kick me, I could have quit at 45!
And what about BRK/A 84k - I never thought I'd see that again. It's actually looking delicious now - forget a house, I'll go for this right now. You can pull out in a couple of weeks with a handsome profit I should think. How about one year's college tuition?

No one has been spared. Did you ever think MSFT could shave off 50%. Given it's historically strong support at 21, did you ever think you could see 18? This is history. Get ready to buy in a few months, we should be rewarded very handsomely.

And of course, IBD helps big guys squeeze us as usual by drawing it out - a false "rally" call, then a rally-under-pressure, finally, when it's time to start buying, mkt-in-correction. *ds!

What really bugs me - why the hell don't they talk about where the support is - there is no support anywhere near the Nasdaq. As far as I can see, it's headed all the way back to the low it set after the bust. In that case, people aren't going to buy until the see that level - and feel things can only get better from that point on. Childishly simple.

History - Low Oil, Low Google

Usually oil goes up to push stocks down. I'm happy I pulled out of most positions. My IRA is still bleeding though. If I hadn't sold...

LVS - at 100+ - now staring bankruptcy.

Remember Baruch's words "I never lost money taking a profit."

What cracks me is how IBD again went through the second guessing game. After the 900 pt rally of a couple weeks ago, they change their tune, and now, at a near term bottom, they shout "Mkt in Correction" again. This time, if ppl had listend to me, they'd be okay.

Did you ever think you'd see GOOG trade below 300 again? Nice?

Heed the Warning Signs

Market is giving up a lot in the last one hour. That means we're nearing the near-term top. Get out while you're ahead (if:)

It's For Real

Okay, if you play your cards right, you could easily see a 30% return on your money over the next 3-4 months. But, don't be greedy and be prepared to bail in time. Once the near term correction sets in, the next set of leaders will be in the handle formation. Watch for those!

THOR - Strength in a Weak Mkt

What gives? And why isn't anyone screaming about this one?

And what about NTES? Someone seems to know something about this one - it could really take off.

BWLD looks good. So does NEOG.

Now Get Ready

Alright, it's here - IBD's changed their tune to confirmed rally. Now, you need to act fast. I doubt very much we'll see a really strong rally, but I could be wrong. It's so hard to stick with one decision:) Now that I've pulled out, it's anyone's guess which I way I want it to go:) Actually, I do have a few positions still left. MT might have been premature - that was a big loss. But, let's see what happens.

Fanning the Flames

After I bolted, I put in an order to buy 2k VWO at 21:) The hardest part is to stick with your decision after you've made it.

It does look bad - consider, DELL will soon be a penny stock.

Catharsis

Alright folks, I'm out:) I was hoping for a strong rally till we got to the 200 day MA, but looks like that's a dream. I think one rule that applies is - sell when you get such an email from your financial advisor (even if you don't pay him):

About three weeks have passed since I last wrote to you about the economic turmoil affecting world markets. In that time, U.S. and worldwide stock markets have continued to gyrate and go down. We recognize that many of you have concerns and questions about how to respond to these events. Here are some important points to keep in mind.


We expect markets to recover. Of course, we don't know how soon, or how long it will take to make up for the recent losses. But markets are very resilient. The U.S. stock market has weathered a number of extreme events in our history—a Great Depression, world wars, oil embargos, and market crashes big and small. And despite these setbacks, the market has continued to grow over time.

This means that a broadly diversified portfolio is as important as ever—the kind of portfolio Financial Engines recommends through the Personal Online Advisor service. Just as market declines can happen in a single day or week, rebounds can be equally sudden and unpredictable. Missing those days by having your money out of the stock market can be very costly in the long run. Your best opportunity for success is keeping to a consistent investment strategy, not trying to time the ups and downs of the market.


end_quote.

That's the key - when he tells you that you might miss out on a big up day - is the time to run:)

Sell Sell Sell Sell Sell Sell Sell Sell

In a few weeks. With most big name stocks struggling to catch up to their 200 day MAs, we don't even have a right to be in the market.

And, once the next uptrend starts, don't fish at the bottom - look for new leaders - not past leaders that are beaten down.

And yes, please cut your losses.

When to Sell

Simple - watch IBD - and, when they yell Market in Confirmed Rally, get your stops in order. They're making a big deal out of the bounce coming in lighter volume than the previous day. They define a follow-through day as a 2+% advance in volume higher than the previous day. Problem is - the big players have realized that that's what people are looking for - so the game has changed - that's when they get ready to sell. At uncertain times like this, you have to view the market as a big poker game. Or musical chairs. Stay ahead of the pack and don't try to squeeze the last nickel out of the rally. One thing you can be sure of - we haven't seen the bottom - and there will be another huge downturn in a few weeks. Why? Simple - there were smart people who waited for the crash and got in at the bottom. After that, it's psychology - do you think they will hold on forever and take risk or be satisfied with a decent gain? Also, people who got burned will wait until there is a true bull-market.

Buy - Blue Chips Only

You can bet those will keep moving up for a couple of weeks. But, get ready to sell soon after that. There'll be a really downturn in a couple months. Remember, the biggest up days on the NASDAQ were during the dot-com bust bear-market.

Iceland Must Pay

I'm not that dumb after all. I had made a mental note to ditch EZPW - the one holding that was actually in the black. Couple of days later, I look and see it's down about 4 points and I disapprove of myself again. I login yesterday and see that I actually got out at 15, and it's now at 11 - so I get back in. And this is one stock that actually seems to be going somewhere.

And oh, what about BRK-B, I held 8 shares at one time. Let go at 4100 and watched to soar all the way to 47, but I knew what was coming:) Ooph! And what about CHK? If I hadn't gotten out at 49? I could have watched it drop all the way to 15.

You're getting what you wanted now - get ready to sell out completely in about 3 months. And, you can get back in about 4 months after that.

A mistake I keep repeating - looking for gains from climaxing stocks - if a stock is off it's high, it's not necessarily a good buy - no matter how good the fundamentals look. Look at the chart on different scales - see if it's climaxing. If you want to buy - when the stock is in an uptrend, get in once it builds a base, and set a firm stop loss.

Sixth Triple-Digit Loss in a Row

Iceland is bankrupt - they borrowed heavily from abroad to invest in banking assets. Those assets are essentially worthless now. Iceland was a big hedge fund.

Russia is hoping to get the US base in Iceland and get a foothold in the Atlantic. That's probably what we need - another cold war - so that we can get the defense industry moving again and get the economy going.

Bad Behaviour

Got out of WFR two days ago deciding to "keep what's left" and got back in today wanting to not-miss-out on a rally. I haven't done this in years. This should clue you. My emotions are starting to pick up. I've said the big players won't get back in until the little people really sell - so they can buy at rock bottom - and, the next day, stocks will open so high that the little people would have missed out anyway. Anyhow, I've decided to pull out completely. Oct is a free trade month on Zecco - so I can get out without commissions - got to make the most of it.

What's different about what's going on now versus just bad stock pics? In the case of the latter, you probably didn't anticipate a competitor that would put your company out of business, or you didn't anticipate a sector downturn because a particular technology went out of vogue - or something specific like that. What should have clued people here was the big names folding - Bear Stearns was the big one. That actually was warning enough. What is going on IS different - we've seen 150 year-old institutions like LEH give up. MER doesn't exist. Morgan Stanley is finished. This is as different as it gets.

And why is the economy going to be bad - it's because a good economy is where there is healthy consumer spending. Except, in this case, the spending is over. People (like me) spent money when it was easy to come buy - and that led to more houses being built. So, the houses are the assets that exist. For the next 5 years, there won't be any spending because the spending is over. In my case, though I didn't acquire tonnes of assets, I was lax over the last year - averaging down on bad buys - based on the value of my portfolio. I thought I was rich based on what people were willing to give me for what I had at a certain point in time. That's not a good standard. There is no standard - even if you own gold, what you can get with that gold can decline as time passes.

I honestly don't know what the answer is. One lesson I plan to take very seriously from now on is that trendline violations are very serious. Don't think you're getting a bargain. You think you're getting a good deal, but you could be in for a shock. If a stock is in a healthy uptrend, think about buying into dips - and setting very tight stops.

Near-Term Bottom?

Going by my behaviour, I would say so. Though I did buy some, I sold WFR which I've held for a long time. It's clear I've been investing on instinct and gut feeling rather than rules. I've watched that stock top out at 90+ and see it stare 20! Ridiculous. Now I'm hoping it keeps its downward journey:) But, my fear is starting to up on a daily basis now. And I'm not even margined.

Stick it Out

That's my advice. If you're not in the market, think about getting in. It's a tough time, but the institutions won't start buying until the little people lose heart and sell - that's when they get stuff cheap. If we keep up the rate of decline we've seen, the whole world should cost a dollar in a few months.

But, having bought, get ready to sell in a couple weeks - we need to bounce off the bottom a few times before we're ready to move up.

Of note - GOOG and AAPL explore levels they haven't seen in a while - GOOG back in the 300's and AAPL below 100.

My big embarrassments :

WB - who would guess that this stock, when it saw trouble, would offer traders the chance for almost 1000% in profit with smart trading?
SIMO - got in around 25, it's at 4! This seems like 2000 doesn't it?

And the ones I'm lucky I sold:

TS : got out around 63 - it's at 32. If it was a few bad picks, we could be faulted - but, at this time, it's every stock in the world that's searching for the bottom. And we haven't seen the bottom yet - forget it - not until MSFT hits 21 around mid next year are going to see the bottom.
WDC - got out around 37, it's at 20 now.

Once the new short-term rally starts - in a few hours - ensure you have really tight stops - so that you get out when the trend reverses - as you know, the stock market is just a game or musical chairs or poker - when it's dominated by traders.

I would suggest a good, hard look at GE. Don't expect stellar returns, but you might easily see 50% in a year.

And, has anyone wondered why WMT has done so well when the rest of the market has been heading south?

And what about TXN - test resistance at 35 three times and finally broke through last year and look at the sordid footprint after that. Goes to prove Curran right - eternal vigilance is the price of freedom.

To predict the future of the market, look at your own behaviour - if you buy items that you don't really need because your portfolio is looking good, then you can be sure that there is an uptrend in progress that is not tenable. That's really the time to get out - and see your money lose value anyway because of inflation:)

The Spectacular Fall

And rise, and fall, and rise, and fall

of WB.

You could have made 50% on your investment twice in about a month - and each time, you would have had to act to protect your profit. And what about RIMM? We aren't done yet. I feel pretty confident that MSFT will retreat to its strong support at 21 before we see the next bull market. Until then, everything anyone says is bull.

Is the Worst Yet to Come?

Watch the fireworks that follow when MSFT bounces off its 200 day moving average. Just watch! This should happen in about 2 weeks or less.

How to Operate the Market

1) Be president.
2) Screw up the economy.
3) Let bellweathers like LEH and BAC decline and threaten to go out of business and let their stocks hit rock-bottom.
4) Get phone calls from big money managers saying they've entered into positions in those stocks and that the coast is now clear.
5) Announce a plan that will have the effect of getting those stocks to open at prices which mean no one else can now think of getting into them.

The Bigger They Come

It's not time to buy yet - if you look in the past - with this sort of panic-stricken selling - you want to wait for a really serious dip - like to 9000 or 8000 before you get in - that's what you see when you look around 9/11 time.

But how about this - IBD changing its tune to "market in confirmed rally" is again a good time to sell. Pathetic fools. Aprende!

Possibles

QGEN (Dutch outfit). Buy above $24 and have a tight stop to prevent losses. IBD says buy 10c above the previous high.

ADM - Are they really down and out? This got a boost from some biofuel boom talk. But it's shed 50% almost.

AFAM - overextended.

AGU! Still hasn't violated a trend line.

How to Know When

it's time to get out? I remember O'Neil's advice - take a look at your recent purchases. If you haven't made even a dime, it should tell you something. I've felt that way for more than a year now.

I did get in and out of BRK/B though - at a prophet. I'm actually eyeing BRK/A:) Question I have is - has Buffet thrown in the towel? Why doesn't he give is a look at who's going to take over? With they crumble?

Surprise Surprise

Who would guess stalwarts like KWK would tank like this?

Other notables - GRMN, CHK, XOM (seems like a good buy now), PCU??

And how about AMGN for a comeback!

And the recent declines right after IBD says "c rally". What a surprise:)

Watch : SXE - use tight stops.
NGS? V? CALM,

Some I got out of in time: WDC, PCU, KWK, NGS, AGU.

What to Make of it

Those watching IBD know they changed their tune today. And I was saying that would be the time to get the stops out. Let your profits run but what happens - the run up turns into a bubble, it gathers momentum, climaxes and then stocks reverse. The day that happens, you don't feel like selling the next day because stocks usually start the next day down. So, my new rule is to protect profit rather than capital. This makes sure you get out while you're ahead. Protecting capital makes sure you don't suffer a loss. That's not good enough for us.

So, get ready to move off the sidelines, but be ready to sell when the tide turns as it inevitably will.

When to Sell

or put in stop loss orders. How about when IBD changes its tune to "Mkt in Confirmed Rally"? That would make sense to me.

Double or Nothing

Saw how Wachovia went from about 9 to 18 in about a week? You could never get that with a healthy company with solid results growth - just not possible. The lesson - for the well-trained and disciplined trader, there are super profits available for the taking.

Those Who Cannot Remember History

What's going on in the market right now has been seen countless times before. What gets to me is Yahoo's collusion is screwing the little people - stacking up all the negative news and then, once the sense the rally, filling their page with feel-good stories.

Holding Fast

to my favourites. It has been scary of late I won't deny. I'm content to think my net worth is in a certain ballpark and I have most of it invested in stocks and therefore I should have a well-funded retirement. Let's see. We're starting to see the downward climactic action that usually signals a new rally is on its way :

PCLN, RIMM
MT, AGU, MA, V, FSLR

V looks set to be a stellar performer in the short term - judging by its relative strength.

That aside, it's recently struck me how unlike the brochure life really is. After all these years on the job, I find I still have so much left to learn. Sure, I could fall into one sort of rut, ignore the politics and the BS and enjoy a sinecure, but folks like me want to do stuff. Make sense?

Another Bitter Pill

But look at the way some of them have held up - (not RIMM:)

RIO, PCU, MT

Possibilities

GBN could be one to think of - micro-cap, technically good. But, gold's going to cool off soon?

MT, RIMM, PCLN all look good - these were some that I got out of in time actually - need to get back in.

What's my strategy to cope with losses from the likes of WB? Simple - if holding for the long term, have your cake and eat it - buy BAC and then - after you buy, maybe the next day, sell WB and claim the loss. This way, no one can have any complaints. Of course, you're taking higher risk on that one day. No question about that.

Brute Strength

MT, RIMM, PCLN, CLB. Catch em young.

Back on the Sidelines

Hmmm.. moved out of a lot of positions yesterday and - see what happened today. All technical. Surprisingly, most of my sales are holding up pretty well. RIMM was the only one that makes me look good for selling:)

AGCO is one stock that's been riding it's 200 day really well. Also consider VIP. There's tonnes of stocks that are looking good - but don't be like me and try to own everything. You probably want to pass up the oldies like GOOG and AAPL - you might double your money if you're lucky - but how much can market cap increase from 150b? You're better off with the hotties - solar, natural gas, etc. Berkshire is looking really good BTW - from a technical standpoint. I wonder what happens to that stock when Buffet pops it.

Why Technicals?

It depends on the market you're playing. The US stock market is dominated by traders, not investors. Even a trader is an investor. That explains that a good company will be sold by those traders that have a profit. That will send the stock down. Also, if too many investors get onto a good company, there are no investors left who want to buy and the price has to be lowered to entice buyers - also leads to a pullback. So, you better have your basics right.

Looks Good, Early Days Yet

Plenty of stuff getting ready to take off. Do some research on technicals - so you know when to sell out with a small loss. RIMM, ADBE, ITU, MA, PCU, PBR are all looking good. ICLR might also be a good one. Some might not be safe to get into now though.

Hit Them Now

They're up, but that's the time to buy - don't feel like you've already missed out.

PCU, RIO, PBR, MT,..

Short term pullbacks on profit-taking are inevitable.

Punk from Stock Traders Press was bugging me lately. Told him I didn't have any cash on the sidelines and he says "the way the markets going right now, I'll bet there are some stocks that aren't working out for you."

My question, if you're so good at picking stocks, why don't you just make yourself rich instead of bugging people for their membership. Upgrade your member-boat to a member-ship.

GROW - The Importance of Cutting Losses

Who would have guessed:)

Got in somewhere in the low twenties. Damn!! Who would expect it of a company that's in the business of looking at other companies and picking out the good ones? But, look at BSC, or MER. Same story, more blood.

LIFC, die Spaetest Sieger

It's hard to know when to sell - unless someone makes the decision for you. Lifecell is going for $1.2b in cash. Actually picked up a few shares a few weeks back. Definitely a good market again, but... keep moving them stops up!

One thing to consider - the general market is below its 200 day MA - so I think we'll be going sideways for a while.

What Have I Learned?

If anything - once the market is in a strong uptrend and everything you touch seems to make you money - put in stops - 10% is a reasonable stop because, once the trend turns, I usually find myself holding stuff that's down 30% or more. No kidding. Yes, this means you could get hit hard in commissions if you have a lot of positions, so that's something to taking into account.

Predictions Realized

IBD second guesses as usual. Went from "confirmed" rally to correction in a matter of days. What's the use of all the seminars and courses if that's all they're good for?

ADM, POT, MON are looking good. Keep an eye on the hard hit stocks too - BRCM, etc. ESRX is worth watching. DRS, HLF also looking good.

BTW, they say the typical bear market lasts 1 year - so, in a few months:) start looking to buy.

AAPL was up today, btw.

What About That?

JOYG - up on a really down day. Looks like this one will be big.
BKE also doing well, but, buying breakout during a correction is risky. As I've been saving to pay uncle sam in April, I haven't been buying much recently. But, I'm getting tempted. The worst thing that could happen is we become a Japan - where after 20 years, stocks are still 25% down. Those things don't happen in Texas though.

SU is looking good. Not sure whether IBD have changed their tune or not. Am seriously thinking of recycling my WB holding into BAC and getting the tax break. Any thoughts on the "substantially similar" rule? I don't think IRS can have a complaint. Nofsinger was the one who gave me this idea in "The Psycho of Investing".

Crystal Ball

What I see happening - considering that IBD's changed it's tune just after 3 strong days, I guess we can expect a near term correction - about 5-6% easily, in a couple of weeks. Basically, we're going to keep moving sideways for a couple of years atleast. Institutional buying will keep moving new leaders up, but you want to protect your capital always.

Taking off. Catch it Before it's Too Late

CHK

Time.. .. Maybe?

To start getting ready to move out of cash? Wait for a dip, and then get it. IBD still has an "in correction" outlook. MO and HON are out of the Dow Feb 19. BAC and Chevron will get in.

Watch NEU - super strength - why do they wait so long to tell us? Mutual fund ownership has been stagnant though.

90% of winning stocks build their bases during a market correction.
CRM is riding it's 200 day.
What else I've noticed - solar is starting to ride it's 200 day. Just look at JASO, FSLR and STP.
And how about KWK! It's off already. Got my J2T account in the black:) You need to get one of those - a zecco account that gives you 10 free trades a month, and a J2T account you use after that to get trades at 2.50 each. And, did I mention Scottrade is the best for mutual funds? If you plan to have only mutual funds in your IRA - go with ST - they have great research available and good charts too.

What Was That?

The worst drop in a year. That's what. If you had been watching important stocks approach their 50, 100 or 200 day averages, from the bottom, you would not have been one bit surprised. There will be a somewhat biggish dip in the next couple days, and then we should move sideways for about 3 years.

Love your stock? Have spare money in your IRA or 401(k)? Then help yourself. Sell down positions in your regular brokerage and buy back in your tax-exempt accounts.

What's held up really well for me? SID. Wish I had PBR:(

Why TA is Important

Because the market today is dominated by institutional investors and TA helps you determine what they are doing.

IBD's Vote - QGEN and GMCR

Spot institutional selling before it spots you. Stock diving below 10-week in heavy volume should be enough to scare you. But, also, making new highs out of poorly formed bases.

What's Worthwhile

A lot of leaders have taken a massive drubbing. The thing about small cap is that you can expect to lose 50% in the blink of an eye. Just look at the wild rides FSLR and CMG have taken.

PTR,
CMG - buy at the 200 day moverage
PCU - after a few weeks, if it's above it's 200 day
RIO - when it hits 200 day
INTC - if you're a masochist
AMD - technical. The downward trend will continue, but I think there's a rebound imminent
ABT - biotech - but, don't expect much
ADBE - seem to double every 5 years - probably too slow for most of us
VIVO - at 200 day
CLB - at 200 day
WFR - now that's what I call a shakeout:) You'll see some serious declines. I remember buying some at 90. This will get to about 50, buy then. It'll net 5x in 5 years.
ESRX - whoops - get ready to sell this baby - probably no more buyers left
IBN
NVDA - classic technical
CVD - when it dips back to 200 day moverage
GRMN - buy, but expect dips - hold long term
RIMM - classic technical - buy at 200 day moverage
MA - buy at 200 day
IMA - you can't ask for a better one
ICLR - declines possible, but good long term bet
NGS - the long road to recovery from a climax top. Second buy point will be at 36.
STP - ready to rocket - buy at 200 day - a few weeks from now.
CMED - buy at 200 day

Note - this is what I plan to do. It's a good idea to keep atleast 2 years living expenses (and some leaving expenses:) handy if you plan to follow it. This is not for the faint-hearted.

LFC - looking very good - get at 200 day
CHL - 200 day
GOOG - 200 day. No stopping this baby
MT - buy, buy, buy
AAPL - at 200 day
HUM - at 200 day
SID - don't buy if it climaxes
BIDU - at 200 day
ISRG - a2d

Keep Them Eyes Open

LVS, AMD, MRVL all look good from an oversold point of view. But, I'm no expert.
PCU - maybe?
MER? A record low is usually a good buy point technically.
NVDA.
ABN.

Someone needs to keep track of the performance of the "record price breakouts" from clearstation!

GS is sure to hit 400 in a couple years. Seems like a safe bet too.
C looks like a nice idea, but don't expect the dividend to be so sweet.

Get Ready to Buy

EDU was up today. So also CTCM, ITG, PRSC, ATR
Too many down today to name. But, banks seem to be making record lows - so those will be good to watch - could become safe bets pretty soon.
CHK also good. Looks like I called the top on ALJ perfectly.
CME looks good according to me.
Look at JOYG!! Seems like an ideal buy point.
And KWK.

What's Looking Good?

MON, ADM, RIMM, GRMN, ..
HUM, NGS, ...

Nothing

Really, nothing.

My Mistake

I would have been easy for me to start IRAs as early as 2001. But I waited till 2005.

Monsanto - You Reap what You Sow

This could have been your home run stock.
Market was flat, this one kicked butt.
Others that did good today : FTI, STT, SYT, SPN
Down today : JTX, XTRX, SFLY, CVS, NCMI