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..

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..

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..

Skin in the Game

Okay, what did I do and what happened?

First, I'm wrong on PCLN - go ahead and buy :) It doesn't care about the market anymore :) I sold prematurely.

I unloaded a chunk of DLG.F, but, if I hadn't, I'd be about $4k poorer today. Once it stabilizes at it's MA on the 5 year chart, you should be okay with owning it. NOTE, I still have a big chunk that's netted me some losses, but...

Strategy, For Now

Since the VIX has fallen to a low, that indicates a market top.

Wait for the VIX to get back to a healthy level to signal a short-term bottom so you can get in..

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.