On May 7, 2:28=A0pm, "BuffettHa...@[EMAIL PROTECTED]
" <BuffettHa...@[EMAIL PROTECTED]
>
wrote:
> Bill Cara, a permabear just caved and gave his followers (if there
> are any left) an outright buy signal based on the dow theory
> (which told us to sell and live in the woods just a few month
> back, lol) election year and strong international demand.
>
> http://community.tradeking.com/members/will-profit/blogs/8455-dow-14-...
>
> I will use this as my official reason to go bear and short the XLF
> and QQQ.
>
> Happy trading, dow run higher is over now and we will blow thru
> the lows on the downside. =A0Yes, oil is headed to $300. =A0WMT
> has been giving a nasty signal during this counter rally, now we
> know why.
Oil to $200 perhaps. $300 is a stretch right now.. And how much of
this is speculation bloat?
It becomes a very risky trade because of the potential large
corrections IMO. I agree that it may well be time to cash in the
longs and take some cash off the table and short the Q's and the S
+P.
Some of you more experienced option traders should do well. Maybe you
can tudor some of us looking to learn something about options
trading...
Solar and Search will be hot, and so will Wi-Max components.. ( pumps
for my ESLR and ALVR) I see some of the new technology stuff like
the toxic waste zappers ausound suggested reciently, and the
government contract stuff..like the remote planes for the military w/
AVAV, plus Small Cap "select" Tech such as Wi-Max components AIRN,
ALVR, and companies like QCOM, TXN, CREE, Just my opinion. Jerry's
high dividend players like ABR, and simular mortgage funds like NLY
start looking good with their higher and safer Div's. But do your own
DD on which ones are superior.... Rant off....
-Dirt
Otherwise diversify using JNJ, CL, PEP, JPM, KFT, FCX, SU, CVX, KMB,
GE, and that chain of thought. Safe sane and boring...but you can
sleep w/ dividends
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