you must be really old if your kids were hiding under their desks 50 years ago, I was a kid then and I'm 63 and my mother's 83.
And despite monday's huge drop, the rsx outperformed intc for the week by 8 percent, hopefully wally shorted it Monday when he was busy cackling about the drop and what a superior intellect he (in his own mind) has.
You clearly qualify as a fool who got it dead wrong when you flamed me for calling the qqq overbght on the very day it bas for Mold, he's been doing this quite successfully for a long, long time, back in October 2002 suggesting buys of Zran at 9.00, it doubled before I sold it couple months later, and that was before the drop back down to 13.00 by March of 2003. it was a no brainer buy at 9,00, it had that in cash, and zero debt,. the decline back down from 20 took it to 13.00 or so by March 2003.
if you're so convinced cien is going to keep plowing higher, go ahead, buy all you can, no one is stopping you
Nice call on Crus, P. though not so sure how much of a pullback even the overbght ones get if the rally off the lows of Wednesday morning continue. INTC performing poorly today.
Easy money short 11/28/14 qqq to 12/15 over, and the Easy longs as well.
Only saw the one note about the short of CRUS at 22.95, good level.
and how much are you now down in 3 days? At the same time the SPY hit oversold the vxx hit overbght, you should have sold and gone long the XIV etc 3 days ago
I predicted the shot term bottom in the markets almost to the penny, spy cash $198.00, and I was positive on Cien as soon as it cleared 17.00 and the indicators turned up.
though csco shows the dangers of shorting an ovrtbght stock too early
one heck of a late after noon rally, the sqqq plummeted from 30.04 to the low 29's and just yesterday morning it was 33.56
one non afternoon participant, crus
not CELG, though each time that CELG hit overbght this year, it did pull back, though sometimes just briefly.
would tend to agree best to wait on shorts tll an indicator turns and preferably rolls, macd rsi
sometimes overbght only produces a small pull back before going to hgher highs, no roll
another example in that regard, in addition to CELG, INTC earlier this year, took till the market slide into mid October for it to drop and still stayed about an earlier overbght high at 28.00
well, gonna have 2 of the underperformers at rsi 70's and CRUS is definiitely one of them, and the the other one also starts with a C.
and it's still above where waldo put his puts on, calling for the demise of Armh consistently since both were 24.00, and any of you long term investors must know 45.00 is more than 36.00, in 2004 intc was 34, the smh 45.00. intc 36, smh, 54,
intc die hard longs, always biased. a fatal flaw, one day it will all fall apart, it always does
for now, looks like it would like to get back to the highs of last week, but what happens if it gets there and then shows up as overbght. I'm, sure the buyers of 15 and below are happy, so far, so good, but could be running out of head room.