Seeking Alpha
  • Michael Kudrna
    Reducing some bets as weakness is starting to set in this afternoon. Staying Flexible. $BYD $NOG $DDC $GST $ONTY $$ #KSMT
    2/6/12
    Reply (12)
    • Trader14: Weakness set in Wed, Thurs, Fri of last week as well, it sets in it just never seems to hold, no sellers below any short term support levels
      2/6/12
    • Michael Kudrna: More of a cautious action than a bearish action for me. I'm wary of this lack of Euro news, haven't heard much in a while, bothers me
      2/6/12
    • Trader14: Yes, I am agreeing with you that equities appear to be weakening, but I continue to be surprised since last week by lack of any selling.
      2/6/12
    • Michael Kudrna: Yea, Ive been writing about that for weeks now on my main site. I fear the day it does happen as we are so overdue that it could be brutal
      2/6/12
    • Josh Krause: It will be likely short lived either way. There are many now convinced that the market is going up but concerned that this is the top.
      2/6/12
    • Josh Krause: So weakness is furiously bought which adds strength to the market and makes the upside even more likely. Will take alot to shake them out
      2/6/12
    • Ocean Man: MK - Cramer was bashing DDC on his show tonight.
      2/6/12
    • Michael Kudrna: Thanks for the heads up OM
      2/6/12
    • Michael Kudrna: OM, are you sure? Just read the recap and didn't see anything with DDC in it
      2/6/12
    • Ocean Man: It was a caller after the TIF segment where he bashed TIF. He said TIF was DDC's biggest customer, and TIF had a bad Qtr because of all the
      2/6/12
    • Ocean Man: Wall St layoffs and bonus reductions. Said Wall St bonuses drive TIF's NY sales and thus DDC's.
      2/6/12
    • Michael Kudrna: Good info, thanks. DDC has some massive block purchases lately, something seems up with it. Won't be holding into earnings though
      2/6/12