so little time to post any more but prior to Grtexit there appeared to be a head and shoulders forming on the dow. ( you know what that means ) now adding the impact of the grexit logistics in leaves me to think the trend will be down for next two to three weeks.
i am in no hurry to buy this dip ( other than GOLD perhaps)
and run for office on their own time. Do not take your company down trying to appease any part of any political party.
none of this bodes well for mkt near term...
just amazes me that the rally failed.... but once more the fed has exacerbated the moves.
MXL is the place to be. Great report tonight. AAOI is ugly right now and i got whacked. rev growth is good and it is probably close to a bottom - so will watch and maybe reenter but MXL is cheap relative to earnings so that is where i want to be for now...
scty just put a fork in solars --- that was good while it lasted...
It is in the macro news . Yhoo finance front page toting a story about China. ( I tried to warn but it was not taken well )
please see my post to Feddie ; i will be away a while
You may be wise, LCI reported nice numbers, popped and days later had massive sell off.
So we wait and see.
p.s. I took a 7-8 month project on which starts today and ends at end of this calendar year ( could be very lucrative if what i am told is possible actually happens) so I will post sporadic once more. Either am post or ah post but no midday at all and few others
wish you, Ed and Rockie the best...
the technical's surely are not ( as of yet ) lining up with my outlook
i got stopped out yesterday on a couple of different names and one more today. i did not have small stops set so i took a bit of a beating both days.. If mkt sells off again- i can not ignore but i will still feel it is not on fundamentals.
I see no near term catalyst to sustain a rebound in markets.
I would wager a downward trend in markets to continue int October or beyond.
Hopefully you all are safe.
I hope we have a strong bullish rally today at close of mkt
If he was not 76 years OLD i would consider him- but he will be 79 years old on Elction day and maybe close to 80- do you really think he will be as strong say at 83 years old as he is now?
Father time visited Ron Paul and that is most unfortunate
i like any one of top 4 candidates- Cain-Romney- Gingrich- Perry)
p.s heard a joke today- went something like this
" The race will be between Cain and Unable"
my take away from today BULLISH
we have had some heavy headwinds and mkt attepted to sell off again and came back strong
imo ( maybe i am only one) but BULLISH