Says who? Bill J O'Neill that's who -
wha?
Read his book - when the old dogs (like TSLA) start to bark - you pretty much know the rally has lost steam..
Tuesday, December 27, 2016
Sunday, December 18, 2016
Crash Yes, But When?
Clinton, bull run - irrational exhuberance
Bush comes in and market top is March of 2000
Obama comes in, market makes a bottom March of 2009 and then triples
So, I predict a market top in March of 2017. Watch the $BPSPX and the VIX. If VIX is low and $BPSPX is flat, better get out :)
Bush comes in and market top is March of 2000
Obama comes in, market makes a bottom March of 2009 and then triples
So, I predict a market top in March of 2017. Watch the $BPSPX and the VIX. If VIX is low and $BPSPX is flat, better get out :)
Wednesday, May 11, 2016
Rules for Trading Success
Do as I say, not as I do :)
From Dr. Elder, Mark Deaton, Nial, etc..
May you live long and prosper.
From Dr. Elder, Mark Deaton, Nial, etc..
- Good records = good traders. Track every trade - know why you entered, where on the chart, what your exit strategy was, etc..
- Don't be emotionally affected by any one trade - winner or l. Know that you can go on tilt and make bad trades in the immediate future.
- Control risk through position sizing - which demands you know your stop.
- Patience, observation and discipline are the cornerstones. Sometimes the best trade is no trade. In life, there may be no decision - you have to take a decision and make it right. That's not the case with trading - it's very easy to "make a decision" one way :)
- If you're always in the market - then you're gambling.
- Are you bottom fishing on this entry? Bottom fishing does not work.
- Remember HALT - no trade when you're hungry, angry, lonely or tired. Get your sleep.
- How long do you plan to hold this position? Long => gambling.
May you live long and prosper.
Saturday, May 07, 2016
Think about Henkel HEN3
P/E : 23
40B EUR mkt cap
Consolidating.
Why caught my attention? Purex was selling at Wal-Mart for 50% lower than competitors. Why? No clue. They're a Dial company and Dial is owned by Henkel. In America you have to put such info on there so people know who to sue.. :)
40B EUR mkt cap
Consolidating.
Why caught my attention? Purex was selling at Wal-Mart for 50% lower than competitors. Why? No clue. They're a Dial company and Dial is owned by Henkel. In America you have to put such info on there so people know who to sue.. :)
Monday, March 21, 2016
Why Not STX or WDC for Dividend Plays?
ROE of STX is pretty good - which is what Joel Greenblatt touts..
Retire Young and Rich
IDTI, MPWR, CDNS
Have hardly noticed the market...
Truly, what's the best way to invest - given you'll be kicking yourself if your stock drops..
Here's my new plan :
If the stock has formed a base and not broken out yet, get a few shares - you might have to hold for years :)
For good performers, use IFTTT - to be notified of drops..
Have hardly noticed the market...
Truly, what's the best way to invest - given you'll be kicking yourself if your stock drops..
Here's my new plan :
If the stock has formed a base and not broken out yet, get a few shares - you might have to hold for years :)
For good performers, use IFTTT - to be notified of drops..
Ideas - NLY, NRZ, BABA, DDD
Market Edge and Gorilla Trades seem to be doing a great job of picking out winners..
AMZN is rated an avoid right now for technical reasons - so watch for a dip to get back in..
Why not by NLY, sell the call and reap the dividend? Seems like solid support at $9..
BABA is rated a buy BTW.. Market Edge and the fundamentals - Thomson Reuters, S&P,..
FYI, GSK is rated lowest - despite the high dividend and low PE.. Who could have guessed?
Wednesday, March 16, 2016
You Should be Out Already. If Not... Sorry :)
Old dogs (like AAPL) are starting to bark - even DDD and GRPN.
VIX is going lower and lower all the time.
Vision Investing and Bill J O'Neill say that's all it takes for a market top.
Now's the time to take RBS' advice..
Sell now!!
VIX is going lower and lower all the time.
Vision Investing and Bill J O'Neill say that's all it takes for a market top.
Now's the time to take RBS' advice..
Sell now!!
Friday, March 04, 2016
Friday, February 05, 2016
Brief Flirtation with History Proves too Much for GOOG
Kind of like Al Gore being president for a few seconds..
For a few hours, GOOG outshone AAPL and then, like a supernova..
What next? You're seeing the ^VIX break out - expect the spectacular - massive fireworks pretty soon. You should not enter any new positions for the next few months unless you know exactly what you're doing - which I certainly don't :)
Plenty of money on the sidelines is the way to play this..
For a few hours, GOOG outshone AAPL and then, like a supernova..
What next? You're seeing the ^VIX break out - expect the spectacular - massive fireworks pretty soon. You should not enter any new positions for the next few months unless you know exactly what you're doing - which I certainly don't :)
Plenty of money on the sidelines is the way to play this..
Friday, January 22, 2016
Watch the ^VIX
When the VIX starts to level off, you know you have a local top in the market - SELL! before the selling starts in earnest..
Monday, January 04, 2016
Correction to Continue
It's technical - if you just look at the 5 year plot, you'll see where the support is and where things will retrace to..
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