Seeking Alpha

"There's never just one cockroach in the kitchen": While bad news hammers many individual stocks...

"There's never just one cockroach in the kitchen": While bad news hammers many individual stocks as broader impact remains limited, growing numbers of stocks with collapsing charts bodes poorly for the market as a whole. The market looks tired from a macro view too, as three yellow flags warn of a slowing economy.
Comments (15)
  • Econdoc
    , contributor
    Comments (2944) | Send Message
     
    totally this is it. it's all over sell, sell, sell

     

    E
    20 Jan 2011, 06:34 PM Reply Like
  • lower98th
    , contributor
    Comments (1420) | Send Message
     
    I believe your sarcasm is showing. :-)
    20 Jan 2011, 06:45 PM Reply Like
  • Econdoc
    , contributor
    Comments (2944) | Send Message
     
    This is SA. Very serious life and death stuff is disussed in these hallowed halls by the great and the good. I would never cheapen the venerable threads of SA with mere sarcasm. Never.

     

    12 negative thumbs. A pretty good haul, don't you think?

     

    Negative thumbs from the SA crowd are the best contra-indicator you can find. Period.

     

    E
    21 Jan 2011, 05:20 AM Reply Like
  • enigmaman
    , contributor
    Comments (2679) | Send Message
     
    "There's never just one cockroach in the kitchen"
    could W Buffet been talking about wall street financiers because the definitions sure fits

     

    "Disparaging term for individuals or groups of people regarded as dirty"
    20 Jan 2011, 06:44 PM Reply Like
  • labas112
    , contributor
    Comments (391) | Send Message
     
    I do not think MOS was way over bought. The P/E is very reasonable and the company just had a knock out quarter.
    20 Jan 2011, 06:57 PM Reply Like
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    A "chart" never bought or sold anything only people do (well and some times pre-programmed computers). This "chart" talk is like some secret signal among the professionals in their continuing never ending effort to fleece the public.
    20 Jan 2011, 07:09 PM Reply Like
  • bricki
    , contributor
    Comments (1099) | Send Message
     
    It's not secret. All you have to do is a little due diligence and it becomes quite obvious that market timing, technical analysis and so on are all sales techniques aimed at getting the sheeple to trade more frequently and thus increase brokerage fees.

     

    Churn baby churn.
    20 Jan 2011, 08:08 PM Reply Like
  • wkl
    , contributor
    Comments (299) | Send Message
     
    It would be wise to heed Mr. Kahn's warnings. He does have a good track record.
    20 Jan 2011, 07:29 PM Reply Like
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    Let me just put it this way if it was "that" good we would never hear from the guy. He would be in some private villa somewhere telling his minions how to invest his bazillions and never letting on how he did it.
    20 Jan 2011, 07:32 PM Reply Like
  • Wyatt Junker
    , contributor
    Comments (4501) | Send Message
     
    When the market sells, he says sell.

     

    When the market buys, he says buy.

     

    He is a robot, doing what he is told, never making a damn dime.

     

    Does the doorknob ever say to sell during POMO? Does the doorknob ever say to buy during HFT down days? No, he waits till the down days, then says sell. He waits till the up days, then says buy.

     

    Following the herd only pays the broker, not the client. On both sides.
    20 Jan 2011, 07:35 PM Reply Like
  • Tack
    , contributor
    Comments (14104) | Send Message
     
    It's articles, such as this, that give me deep, reassuring sleep that my long positions are safe and sound.
    20 Jan 2011, 08:52 PM Reply Like
  • tastadr
    , contributor
    Comments (17) | Send Message
     
    Well, I'm just a dumb truck driver, but when I see UPS, FedEx, Conway, pulling triples instead of doubles, and when I have to wait in line to get fuel at every truck stop I pull into, and when there is no parking if you don't get in by sunset, it sure don't look like the economy is slowing! But then I guess some intellectual sitting in an office looking at charts all day, would know a lot more than someone out in the real world observing commerce slowly increasing.
    20 Jan 2011, 11:08 PM Reply Like
  • billddrummer
    , contributor
    Comments (1741) | Send Message
     
    Thank you for your comment! I hope you continue to contribute to this forum.

     

    The intellectuals who sit in offices looking at charts can use your insight.
    20 Jan 2011, 11:46 PM Reply Like
  • Jim Nelson
    , contributor
    Comments (78) | Send Message
     
    tastadr

     

    Excellent comments. Thank you very much for contributing.
    21 Jan 2011, 12:32 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs