TraderMark

If You Must Short...

haha - that is word smithing.

Ok let's say he said it did not cause the bubble. The fact he believes that is the same issue. It was not the sole cause - there are many. But it set off a chain of events (the quest for yield by institutions since their normal instruments were decimated by Alan Greenspan) and from there the daisy chain began.

If You Must Short...

I've owned CTRP on and off for maybe 5-6 years.

It's always expensive, I would not short it on PE or anything like that.

Its like BIDU - ALWAYS expensive. Or AMZN nowadays.

Frankly its difficult to short anything right now - I am simply using cash as my hedge and just about long with everything else until this freight train slows down. Those were some ideas, but its like swimming upstream to short right now.

If You Must Short...

If I don't laugh at what I see, I'd cry :)

If You Must Short...

I agree you could make a case that GLBL was a "flag" of sorts, it was simply showing stocks that were under key moving averages suddenly burst forward. Usually the 200 day moving average is pretty hard to break through.

I picked these 2 but I have seen many similar strange moves...

As for TA - its generally going to work more to your advantage in markets that are not in "rising tide lifts all boat" mode (March 09+) or "all stocks are evil" mode (2nd half 2008 - Feb 09)

Individual stock TA must be overlaid with the general market TA IMO. If the overall market is breaking out - either to the up or downside, in a strong trend ... it takes MANY stocks along with it, damn their individual charts.

Illumina's Great Day on Down Tape

Yep, we are having massive rotation days

yesterday all the computers piled into healthcare
today they all piled out and back to the normal trade of reflation, and technology


On Jun 04 03:00 PM wrightmon wrote:

> I bought ILMN on the " break out" yesterday, as i have been watching
> it. Turned into a fakeout. I sold at a small loss. I will keep
> on the radar.

Illumini, Intuitive: This Healthcare Outperformance Brought to You by the Letter 'I'

Hi User,

The "renewables" are the blade part of the model. The machines are the razors. In the long run the beauty of the business model will be the reoccuring revenue from many a blade.

There was some scuttebutt last quarter about the economic slowdown hurting hospitals ability to finance the purchases but it appears this was overblown - but it was one cause of the pressure in the stock the last 90 days.

Very unique company - that is for sure.