Capitulation 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
readTibet, Kyrgystan, Afghanistan. Have they turned on the Haldron Collider again? I have an unclear and unexplained sense of impending doom. Also related to the
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
readSold 1/2 of PWE, traded SDS. Net result +$25, yeah! So that’s flat. Current positions are also hovering around flat level. And I’m fine with
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