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Mike Broudy  

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  • Apple Will Drop The Firm Hammer Of Justice On Short Sellers In 2014 [View article]
    We are all in this "game" to make a profit. The way each takes to his/her profit is their business. Short sellers are no "worse" or "better" than traders and investors who go long. Neither party is at fault for trying to profit since this is the nature of the game. If you have a problem with this, maybe your attitude dictates you shouldn't be "playing." Outside of market manipulation, short-sellers can provide a valuable service - that is they may correct market prices when conditions dictate prices have risen too fast for underlying conditions, in effect countering the irrational exuberance of over-aggressive investors and creating more long-term stability in stock and market prices.
    Jan 16, 2014. 01:40 AM | 2 Likes Like |Link to Comment
  • A Long Way To Go For Long-Term Investors [View article]
    bartpr - Yes, you are certainly right that timing is important, and by diversifying across time you minimize the chances that you make an ill-timed investment. This goes both for buying and selling. The theme of the article paints general strokes with the broad United States market in mind over the next several years and longer. I feel as though there is undue emphasis on the short-term, which is not surprising given the "instant" nature of our technology and culture. One of my goals for this article was to help others see beyond the next few months. Thank you for your contribution to this discussion, bartpr.
    Jul 27, 2013. 07:28 PM | 1 Like Like |Link to Comment
  • Farewell For Now Seeking Alpha [View article]
    Thanks for a great recap of your time as an SA contributor Sean. I am planning on going back and reading some of your older articles, both new and old, to get a sense of how you improved your articles over time. As a new SA contributor just starting, I find your insights on this topic incredibly valuable, and I hope to learn more on the way. Thanks for the encouragement as well. Best of luck to you at CIBC~
    Jul 27, 2013. 07:12 PM | 1 Like Like |Link to Comment
  • Buy Nvidia, It's On Sale [View article]
    Great article. Thank you for providing a clear, concise, yet detailed piece. Wonderful.
    Apr 28, 2013. 03:47 PM | Likes Like |Link to Comment
  • Caesars Entertainment Soars - A Case Study In Technical Analysis [View article]
    Thanks @freeman8201. More debt = bigger ups, bigger downs in the company stock. Companies with high debt loads can make attractive speculative investments if done properly (size your position small relative to other positions, scale in/out, timing, etc.)
    Mar 25, 2013. 10:50 PM | Likes Like |Link to Comment
  • Caesars Entertainment Soars - A Case Study In Technical Analysis [View article]
    Thanks Johnny. Fundamental analysis has its own "edge" that is very different from the study of Technical Analysis. Technical Analysis is more appropriate for individual and smaller groups of investors who cannot devote the massive amounts of time and manpower required to analyze multiple company fundamentals.

    Also, I've found the longer time you spend waiting and watching for a setup to develop in your chosen stock, the more likely you will spot it when it occurs. You must diligent, however, that you don't miss it.
    Mar 23, 2013. 03:45 PM | Likes Like |Link to Comment
  • Is This It? What A Market Top Looks Like [View article]
    Thank you to everyone who took the time to read and comment on my article.

    Xover, you are correct in saying that there is no reason why this market at this price can not be a top. I mentioned that the definition I provided was that of a classic top, and also acknowledge that this market is not your typical bull
    run. A market can move sideways or slowly decline until selling reaches a head. As I wrote in my previous article, if the markets fail to hold their highs this would be viewed as a technical warning sign. A failure at new highs is almost always a negative, and if there were to be a failure I would reverse my position accordingly.

    While I agree that prices move on fundamentals, I believe that those same fundamentals that move prices can be interpreted through technical action before they can be widely acknowledged through research reports, earnings forecasts, media attention, etc.

    In addition, Technical Analysis is fractal in nature and works equally well on all time frames - the only difference is in significance and scope. In fact, the longer the time frame being analyzed, the more significant the implication. So there are some advantages with long-term analysis, such as Dow Theory as I previously mentioned, as well as cyclical and money flow analysis, to name a few.

    You wrote: "It is important to keep in mind that prices move on fundamentals."
    Technical Analysis is simply the study of those prices that move on said fundamentals. If the fundamentals dictate higher prices, so will the technical aspect in some way, shape, or form.
    Mar 12, 2013. 01:23 AM | 1 Like Like |Link to Comment