Anyone going long MCD?
Anyone going long CEPH?
Anyone going long SOHU?
Anyone going long?
IT’S A DRUM SOLO!!!
THE LONDON FIREWORKS SHOW
The really big big boys come back from vacation, on the first days of JAN—-and you never quite know what they have in mind….Will they add in JAN earnings season to the stock prices and lift the market higher—Or will they exert all their MIGHT, and sell – off, fast and furious?
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BIDU
The Lightning Strikes—In JAN—The market makers get back from their million dollar Vacations, and say–This market is too HIGH!
Sell-off!
This Video says a Storm IS Coming!
Here’s a new song titled.
“Better have some shorts, first week of JAN.”
performed by ” The Return of the VIX 23′s”
Lexmark= printers
I ain’t perfect!!!!! Not yet….I’ll get there. ( “Yeah right Z! You are really trying to twist my apple’s!”, shouts a disgruntled investor….
GOLD, well I missed the entry price on this piece of work by 8%—It’s a confirmed falling knife. 9 days, can I get 11 days?
Trading Rule…On “CONFIRMED falling knives” which this qualifies as…
Wait for the first up day, and then go long that day. Or the next day, if its down again.
Me, I don’t care how much it falls—Can YOU see those 100% exits, I marked on the chart?
Delta spent $5.67 billion on fuel through Sept. 30, or 26 percent of its total expenses, while AMR Corp.’s American paid $4.74 billion, or 29 percent.
Every sustained $5 annual increase in the price of crude requires boosting round-trip fares about $7 to offset the cost.
United Continental, the world’s largest carrier, was the first U.S. airline to try a fuel surcharge in 2010, raising one- way fares $10 on Dec. 6 after oil broached $89 a barrel. The Chicago-based company pulled back in most markets after Southwest, the biggest discounter, refused to match.
$145 a barrel and jet fuel soared to a record $4.36 a gallon
Jet fuel for immediate delivery in New York Harbor closed today at $2.55 a gallon, the highest level since 2008. The price has jumped 29 percent from a year earlier.
The Bloomberg U.S. Airlines Index has risen 23 percent this year, almost twice the 13 percent gain in the Standard & Poor’s 500 Index.
Full report here, Airline’s are going to have to raise fares.
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The UAL chart that goes along with this story, just went out in my newsletter.
“This is a tough market to trade”, Mark Twain!
Trading stocks since 2007, your rating is Newbie, seek an advisor.
Trading stocks since 2001, your rating is competent.
Trading stocks since 1991, your rating is expert.
If you have only been trading stocks since 2007, get a partner whose either, competent, or expert.
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I’ve noticed over the years that stock markets have seasons. “sell in May, walk away” that occurs every 3 years or so. June Gloom, every other year or so. ETC…
The next likely correction, is JAN FEB or MAR…
JAN pullbacks are 7 to 10% or so…and happen in a 7 day time frame.
FEB pullbacks, start with a Huge ONE day drop, 300 or more points in one day. It starts in the GDX sector, and spreads to all the other sectors. lasts 2 to 3 weeks.
MAR pullbacks, if 20 to 25% of my companies are at RSI 80 on MAR 8th…This pullback is brutal and long, at least 30 days, and sometimes 60 days.
On Rallies, they are called x-mas rally, summer rally…ETC
x-mas rallies can go all the way out to FEB…
FRIDAY DEC 17 2010
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THURSDAY DEC 16 2010
V, today the headline was the Durbin bill, will limit debit card swipes to 12 cent….
and down goes V. Do you see that $81 high….That $81 high, already had this Durbin BS priced into the stock…The market completely over- reacted…
We’ll good….I get to make a lot of money, out of the market over reaction.
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