MrJohnRoss
Well-known member
Picked up some GERN and TNGO yesterday. Possible big moves for both of these stocks.
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MrJohnRoss' Account Talk
- Thread starter MrJohnRoss
- Start date
MrJohnRoss
Well-known member
Yeah, this is sustainable forever, right?
Blow off top? You be the judge.
Blow off top? You be the judge.
It's a bit scary to think that if that bottom trend line holds true, it will be one hell of a tank if it rolls over and falls to that line. Yikes.
MrJohnRoss
Well-known member
S&P divided by Mr. VIX. What does it suggest?
"I don't make the news, I just report it."
"I don't make the news, I just report it."
MrJohnRoss
Well-known member
[h=2]An Investment Manager's View on the Top 1%[/h]
Read more: An Investment Manager's View - Business Insider
Well worth the read.
Read more: An Investment Manager's View - Business Insider
Well worth the read.
coolhand
Well-known member
Given our sentiment survey reading, this chart stands a good chance of being prophetic.
Birchtree
Well-known member
Sorry to say I did not find your article worth the read - I did not see myself mentioned. Anyone can become a multimillionaire through a disciplined approach and some courage to assume some risks. Accumulating an asset base and allowing consistent growth to appreciate builds wealth. And yes, sometimes there comes a 2008 and much pain but the trick is not to blink and stay true to your discipline. Once you have built a base then money is allowed to make more money and it took me decades to build my base and it continues to grow even today. I plan on making more money over the next several years - it's simply inevitable.
MrJohnRoss
Well-known member
The Market In Pictures - ZeroHedge
"The purpose of the post was not to espouse a personal viewpoint on the health of the economy, or lack thereof, but to allow you to view the data and draw your own conclusions."
"The purpose of the post was not to espouse a personal viewpoint on the health of the economy, or lack thereof, but to allow you to view the data and draw your own conclusions."
MrJohnRoss
Well-known member
+86. Impressive.
It's easy to be bullish when the wind is at your back. The hard part is navigating when the weather changes and the wind blows in ways you aren't expecting. Unfortunately, blue skies and sunny weather don't last forever.
It's easy to be bullish when the wind is at your back. The hard part is navigating when the weather changes and the wind blows in ways you aren't expecting. Unfortunately, blue skies and sunny weather don't last forever.
MrJohnRoss
Well-known member
NUGT/DUST will continue to hold NUGT, but it was a rough day, down 4.8%, and the charts produced a bearish engulfing candle pattern. This could go either way next week.
URTY/SRTY will continue to hold URTY, up 1.1% today.
URTY/SRTY will continue to hold URTY, up 1.1% today.
MrJohnRoss
Well-known member
"Nothing is rational at this point" I think you hit the nail on the head, Chief. However, there is no fear. Mr. VIX is in hibernation.
I think we're rallying on Clueless Yellen pronouncing that she sees no bubbles in the markets. Translation: "Keep the printing presses running".
I think the only bubbles she sees is in her bathtub.
MrJohnRoss
Well-known member
Yesterday's purchase: VALE
Notice the Stoch curling up over the 20 line. 50 day moving higher, and the price oscillates like a sine wave off of it. Catching these below the 50 DMA, and at the bottom of the trough makes for a good buy point, IMHO.
Notice the Stoch curling up over the 20 line. 50 day moving higher, and the price oscillates like a sine wave off of it. Catching these below the 50 DMA, and at the bottom of the trough makes for a good buy point, IMHO.
coolhand
Well-known member
As far as Yellen goes, as president of the San Francisco Fed in 2005, she said that California home prices, which she admitted then were 70% above their historical norm, "don't necessarily prove there's a house-price bubble."
Nuff' said.
MrJohnRoss
Well-known member
MrJohnRoss
Well-known member
Tempted to jump into the market for a percent or two lift, but it just rubs me the wrong way to buy something when it's not on sale. This market seems soooo over-extended.
jkenjohnson
Active member
I feel the same way but I'm in right now. Trying to decide if i should jump ship and take my profits now.
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