[[DRYS]] – why not buy it here? P/E = 1 Dividend = 2.9% I’m going to buy just a little bit.
readBiting my knuckles here: Asia is down huge. I may cover more towards lunch instead of in the morning. It’s true there are no leaders
readI will be selling SDS and covering FSLR in the morning; then I’ll buy double-long ETFs or short the double-shorts. We’re going up tomorrow: +4%
readCapitulation is definitely close: 2 days in a row I’m getting visitors searching for “stocks capitulation” 🙂
readIf you’re still buying the dip, read this and this. I had a pretty good day today. Traded FXP, SKF, SDS and FSLR. Overnight, I’m
readSource: CNN NEW YORK (CNNMoney.com) — Nearly six out of ten Americans believe another economic depression is likely, according to a poll released Monday. They’re
readDip buyers are still out there, still persisting. I would say that 80% of people are now calling for a bottom. And everyone is wise
readMy US$ trade results graph (as you can see the swings are increasing, the channel is wider, just like the VIX 🙂 ): Today’s losses:
readBy this definition, I capitulated today 🙂 Remember Minyans, capitulation is when nobody wants to talk about it anymore… It’s when you don’t care where
readOh boy… I’m watching a few stocks that are looking very attractive at these very low levels. But then I walk away for a couple
read“Strange game. The only winning move is not to play.” I won’t be playing the bounce. It most definitely will be sharp, but will it
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