I have been following your picks over the last several months. I have been on the sidelines for the last 2-3 weeks, because I wanted to see which way the market was going to go prior to putting some cash to work. I am getting a little itchy. I still see some downside in the market, but I was wondering if you were going to jump in here where would you put your money to work? Thaks in advance for the help.
That was a really nice day well done and thanks.
I have another question, when you comment that a certain stock will double in the short term, or medium or long term, can you explain what those timeframes represent? In other words is the short term 4-8 weeks etc?
Today, I will cover the remaining shares of my HVU.TO short positions. Will make $20/share profit on this ETF.
If you are a midterm/long term investor, allocate 10~15% of you funds to get in DANG. This stock will double from here.
Wait, Sballcoach79, how come your ID is so new? Could you tell me what's your old ID?
Short term: within a month;
Midterm: 2~3 month;
Long term: over 6 months, could be 6~12 month, could be 12~24 months.
I predict the market will rebound up and Dow will retest 11,000 this week.
If you got in today, you could have bought the bottom. At least, it was a short term bottom.
I got in TNA on the average of $26.97; got in SPY's call options (weekly $110C) when SPY was at ~$108; shorted HVU on the average of $63.52.
I will lock most of the profits today.