Don't Worry. Not the Bottom Yet

If there's one thing I learnt from Vision Investing's "Profit Forecasting Code" of 2003, a top in the VIX coincides with a market bottom - so, just wait :)

My buddy says a text of the S&P 1820 seem sure..

Unloading Starts in Earnest

When you see BRK-B taking a bigger hit than the broader market, that's a sure sign mate!

Of course, options expiration could have something to do with it too..

Anyhow, I saw a very bullish return for the indexes - so that's a worrying sign.

Of course, having gotten so close to the all-time high, you can pretty much bet that the Nasdaq will get there in the next few weeks. Just a q of when.

Ackman's All-Star Picks

Forget HLF - he made big bucks on that one. But, considering how low profile the other holdings are, maybe one should take a look at buying into the dips on those..

AGN, ZTS, APD, PAH,

Watch the SHAK!

Shake Shack - up on a market down (heavy down) day!

Also look at VPCO - been bucking the trend as well..

Bottom Fishing - the Worst Trading Strategy

And I fell for it again - net - loss of $20..

Followed the chart for a couple of hours, thought 126.6 was as low as it would go, and boy was I wrong - went all the way down to 126.2 or so - so it could have been worse..

Never, never again :)

Ist Das der Toppe? Ja, APPL Muss zu $80 Retracen

The top it is - back in 2012, stock made a new high, but relative strength did not - and, guess what, went on to lose 40%. Back then there was talk of Apple TV and $1 trillion market cap.

Now, we see another new high, but RS doesn't make a new high. And, there's again talk of $1T and Apple Car.

So, keep your powder and then you should be able to get back in at $80.

AAPL : Ominous Signs

Forget trading - if I'd just bought AAPL at 400 2 years ago and held on, I'd doubled my investment.. Hell :)

Now, some parallels to what happened then to drop the stock from 700 to 400 :

Then : Apple's doing great; they might announce the Apple TV soon.
Now : Apple's doing great; they might announce a car soon.

Then : Apple might get to $1 trillion in market cap.
Now : Apple might get to $1 trillion in market cap.

Red Flag Again

I was telling people that the market might decline after the new year since people would take profits in the hope of buying back lower, or just to lock in profits and not have to think about tax implications for a bit.

So it proved.

Now, Ari Wald is saying AAPL can get to 140 - das ist eine grosse red flag. You hear me? Sell..

Free IBD Stuff This Week at Investors.com

Thank you Amy Smith for getting rid of the ridiculously boring and crappy sounding Christina Wise. She tries to take a leaf out of the Brits' book..

Now, IBD is up to its usual gimmicks - trying to guess what the market is doing. "Uptred Under Pressure".

What are they not telling you?

When was the last time we saw such a formation? And, when we last saw such formations, what did you say? Did you say the same thing you're saying now? When you said the same thing you're saying now, last time, what happened? Duh!

The End of the Bull Run : William J. O'Neill

How do you know if the market is going south?

Just look at your recent purchases - if you haven't made even a dime - that's a sign.

It was so good the last few months, easy money and I've given so much back in just the last 2 weeks. Phew - I'm into RYVNX now!

Suckered by Icahn for a $50 Profit

Lunch money. I can't complain - but, I was right, when I said a couple days ago that the smart money was moving in.. Now, do you wish you'd gotten in at $400 :) ?

Why's AAPL Screaming Now?

Considering there's no hype and the stock is taking off, it must be the smart money moving in.

Any clues?

Just In - Christina Wise Retains Crown

as the most irritating voice ever on market wrap video vo.

Now, IBD's committed themselves - I don't know when exactly they did it - market in correction!

I committed on Friday - pulled into cash in my 401k. Good work comrades?

Know any good Russian hedge funds? Hedge funds are projected to grow big - because Americans are tired of non-living property boundary markers - fences and walls. Better to have something that lives and needs taking care of - which will also boost the economy with jobs and help out with the global warming problem. The Russians saw this coming before the Americans did and not they will capitalize on the capitalists.

Here's Your Mini Crash

Climactic action like this signals a change in direction - this is only the formation of the left shoulder. There will be an uptrend after this crash in a couple months. The real, big peak will only happen about 6 months down the road. Better sell out then :) But, what's driving this - is it all technical? There's no subprime crisis this time..

OMG WTF?

Facebook and LinkedIn.. What's going on? I thought I'd missed out. Now I'm looking at another big correction. Seems like big layoffs coming everywhere. Maybe I'll get to work on those Make projects for an extended period of time again.

What's Going On?

AAPL seems to be the only stock really hurting right now. Makes you think about what Bill O'Neil says about leaders and laggards..

Start Getting Ready

If you know what to short, good for you. If not, CTSH might be a good long buy. I got out of XOM in time, but looking to get back - XOM's a retirement fund:)

Why You Should Not Buy the Samsung EPIC 4G Phone from Sprint

1) After searching, I could not find a way to capture Audio. With my Moto W490, it was 2 menus and about 5 button presses in all, and I thought THAT one was a crappy phone

2) I don't know how to terminate an application. There doesn't seem to be a way.

3) This whole idea of a gmail phone is a bit risky. On gmail, you enter a strong password each time. But, with your phone, once you've set your account up, anyone can get into your gmail if they know the 4 digit pin to unlock your phone. Nuts!

4) You send 2 emails each time you send one from your phone. Go figure. Obviously the geniuses at Google don't work in the marketing department.

5) I could not find a way to use the "Call phone" feature that gmail has. Obviously, the geniuses at Google don't work in the marketing department. If the phone is being marketed as a gmail phone or a google phone, you'd expect them to delight the customer with this thing up and ready. Go figure.

6) I cannot select text (like a phone number) in the Email application or the gmail app.

7) When using the gmail app, you don't get email address completion - which is ridiculous - on the PC, if you're using gmail, that's one of the best things about it. WTF? Really? WTF are they trying to prove to the world?

8) In the mail application, the delete button doesn't delete the email. Go figure. Should you make your stuff intuitively easy to use or what?

9) Sprint cannot import your contacts from your SIM card you used with an older phone.

10) After umpteen attempts, this phone has failed to pair with my Plantronics 233 bluetooth headset. With my Moto W490, it takes about 5 seconds. Also, the EPIC SPH-D700 doesn't find my Moto when looking for devices. It looks like it can only pair with Sprint devices. WTF?

11) It's not clear how to sign out of the email. I've got gmail and Email running and now, each one has an orgasm when a new email arrives.

12) With the gmail app, you can't zoom in. You can with the Email app though.

13) The phone is delivered to you (if you're as unlucky as me) with the USB Debugging enabled. Somehow, this doesn't prevent Linux from accessing the SD card. But, Windows has no clue what to do unless you put on your geek had and go into Notifications and turn USB Debugging off, so that, next time you plug in the cable, you can select the Mass Storage option.

14) There is no way to rightclick. With the advanced technology available, you'd expect they'd have figured out a way (like Apple) to use multitouch to implement this, but no. In fact, it seems like multitouch only applies to zooming.

15) Blogspot does not work cleanly. I could not tap in the post area and start entering text. It was terrible.

Go iPhone guys! Go iPhone!

Possibles : Cyberonics (CYBX) and Hasbro (HAS)

Insider buying and technical action.

Up and Down and Up and Down

There's both strong support and strong resistance, but I think there's a strong overall upward bias. What I can tell you is that there's money to be made in the market trading. I just wish I was smart enough to be able to do it.