It can't be right. Using facts. There is something wrong in the approach. Thinking that worms (which is what we are when compared to the market) know anything. Like, for example, FB. I shorted at 116 and 118. After the close yesterday. What do I know about the company? Nothing. Even Zuckerberg can't devine it's future. And if he could, what about the economy and it's effects? Possible competitors, which do not even exist today. So why did I do it? Various contrary opinion tools. Are they perfect? No. AMZN today? After the news? Negative. Because some people like it and some don't. Meaning you can do nothing. Shorting is for idiots. Because you need a stop. So just a few stocks (amzn dis ew fslr gild nke) and teensy amts. For fun only. Something different. FSLR and GILD working today and after hrs. The coal stocks really hurt. Not so much the money but because they really show that theories are just that. That's what led me to the new tools. Let me show you a little trick. In Barron's every week they have a chart telling if money is going or leaving equities per month (in the mutual fund section). Never buy stocks if money going in. Also, lipper has weekly money flows into etfs. For a month, the weekly figures added up should equal a negative amt if you want to buy stocks. Cnn fear greed - Google those three words. Very instructive tool.
Sbrcy. Yes. Rsx Nilsy mtl ogzpy sgtzy mbt vip yndx lukoy. Pbr vale ewz bhp brmsy msnfy lnd aval ec ica itub cx gram ggb cgg sid mt bbd bsmx epu gxg. gld asa hl cde gg. yzc ccozy. clf cld nrp. chk eca joy swn dvn fcx rig hal. Commoditiy stocks and those of commodity producing countries in other words. I must have left out a few. Some coal stocks went bankrupt on me btu aci anr. Today I saw a chance with mfg nmr. Small time bag holding. Let's you diversify. Shippers too.
Even if people become bullish. Buy. Bargain hunt. And analysts raise projections. I don't care. Will not short any. It's too far from the high.
I was wrong. Should have hung on. People really liked this. A lot. So I sold. It lasted a day. Then they got ambivalent. I have a million other commodity stocks and thankfully did not dump anything else.
I used to sell too soon. Big mistake. What does that mean too soon? It's impossible to tell what the top is. So I do it when the turnaround is widely recognized. Brazil is far from being there. Ditto commodities. I did sell 60% CHK today. It became very popular. Did not expect it. It usually takes a long time.
I only buy falling knives. So there is no way this is a buy now. I think one reason a lot of people lose is that they like rising stocks. The reason it's doing this is because everybody sold. The changes in Brazil are not it. As it would have gone up regardless. Just guessing ofcourse.