Murray, I must say what you explained has opened up much ideas in my head I have sat here for over 10 hours straight flipping through a few hundred charts. Heres some neat things I have noticed. 1. A Major bull trend on $INDU is about to arrive YEARLY I love the yearly idea I was flipping through it and was very much enlightneded on the long term trend. Check out XLE Long term YEARLY Is that a TREND OR WHAT? hehehe DAYUM HOW MUCH MONEY COULD HAVE BEEN MADE IF ONE HAD THE KNOWLEDGE WE HAVE NOW EARLIER. The interesting thing I learned in business was: Its never too late. Its ALWAYS never too late. Because its never late until the whole world thinks you are too late, by then maybe its too late. OIL INDUSTRY: This/Next month I think we will do a little retrace before re-jumping, check OIH and you will know what I mean Things don't do supermans when they are trending up unless its the top. AAPL : SHORT. GOOG: I don't like shorting.. Its too much in the news. AAPL: SHORT.
You guys ( Steve and Coolweb ) have oppostite opinions but you both are making money.... Isn't it strange .... maybe this is how market works
LARGE CONVICTION: SHORTS: KBH MTG JOE TLB FILE PETM ORCL AAPL TEVA DHI 1. Home builders 2. AAPL 3. PETM Using my Ideas I have two ways, Enter with an immediate profit, Risk control Long term short [3-5] months R1/P2 R1/P2 I have an incredible strong idea on how this will be approached, I will write out a business plan JUST for this long term short set. HOME BUILDERS JOE/KBH/DHI AAPL Will be updated Next week Short will be inintiated LARGE LARGE LARGE.
R BEFORE P R BEFORE P R BEFORE P R BEFORE P R BEOFRE P R BEFORE P R BEFORE P R BEFORE P Must be understood, ingrained, AND HUGE PROFITS WILL BE EASILY ATTAINED WITH OR WITHOUT MY HELP. R BEFORE P R BEFORE P R BEFORE P R BEFORE P GREED KILLS GREED KILLS R BEFORE P R BEFORE P PLAN BEFORE P PLAN BEFORE P The art for not just a kill. One shot One kill. One general
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' Coolweb; QQQQ/tek/AAPL sector is nicely downtrend below 5o day moving average. R before P may mean; figure risk before looking @ profit on chark????????. May add to oil -gas stock position today[not a prediction]; premarket OIH, some leaders creeping up, besides those are stiil in medium & long term UP trends . And short term OIH has already made a higher low & higher close eod charts; fri, noted that friday on XLE thread. HAL is inching up again Regular stodk Market opens in about 47 minutes .
I also am looking at longer term holds. Lets see what happens. THE 46.34 If everything pans out flawlessly it should be a 3 + month hold for a 30%+ gain. Lets put the stop below 36.50 for now.
I got a little scared there because the price went 20 cents above my entry Shorting in GENERAL is not easy because you have to short early or once the price falls, good night. and good luck getting in.