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heywally

heywally
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  • Small caps enter correction zone [View news story]
    The "Death Cross" area, because it is so far from the highs, is just as likely to be a buy point as a breakdown one. And if you're scaling in long after weakness, with the right time frame, you can eliminate the all-or-nothing guesses. Those are best used by people getting paid to write predictions.
    Oct 1 04:53 PM | Likes Like |Link to Comment
  • Small caps enter correction zone [View news story]
    Typically, a very good place to start scaling in to the index, especially from a good cash position.
    Oct 1 03:57 PM | Likes Like |Link to Comment
  • A Market Correction Is Right Around The Corner. Yes, Really! [View article]
    I welcome a big pullback Walter. My trading style is to actively scale in long -- via either the QQQ, SPY or IWM, depending -- during/after dips, using smaller sizing during the heavy selling. Later, I scale out into strength. If there are no dips, I don't make as much money. I treat it like a retail business where I have inventory concerns.

    So I am very risk averse. The downside to my approach is too much time looking at the market but at least it is out of the corner of my eye now.

    The way I look at all of these "predictive" (which in the long run, when they are "right", they are merely coincidental) pieces now is that it is a good way for writers to make money but not a good approach to follow for making money in the markets in the long run.

    Market correction - bring it on. I will never be complacent.
    Sep 23 04:02 PM | 2 Likes Like |Link to Comment
  • A Market Correction Is Right Around The Corner. Yes, Really! [View article]
    "There is no shortage of articles predicting a correction or even a crash in the near future."

    I think this is another one. :0

    And sooner or later, as long as people consistently keep predicting a serious pullback, they will be "right."
    Sep 23 09:21 AM | 7 Likes Like |Link to Comment
  • Natural Gas Climbs Back Up To $4 - Will It Remain There? [View article]
    I always appreciate your analysis, Lior. For me though, even armed with a boatload of facts, so much of the near-term price of NG comes down to the weather that my best method of trading it has always been to scale in long after weakness, in smallish chunks, then scaling out (selling) into strength. And, I always keep the total long inventory small enough to not have it take any years off of my life when price inevitably continues down, going against me. But, you can make some small but nice and steady gains that way, because the price does move so much.

    I embrace my unknowingness of this volatile commodity.
    Sep 2 09:04 AM | 2 Likes Like |Link to Comment
  • Fed report depresses biotechs [View news story]
    And there is a big difference between small cap biotechs and the top weighted bios in the IBB index. But I don't expect Janet to be breaking that down .... :0
    Jul 15 02:17 PM | Likes Like |Link to Comment
  • Yellen warns on small cap and momo sector valuations [View news story]
    Not in IBB right now but the Fed Chief is commenting on market valuations now?

    Probably okay though as some volatility is my cup of tea, as I buy dips conservatively. Thanks Janet.
    Jul 15 12:04 PM | 1 Like Like |Link to Comment
  • High prices have small-cap fund manager in cash [View news story]
    "but missing out on the bull market of the last three years thanks to his large cash holdings.:"

    Yes, seemingly expensive but if you missed out on the last 3 years because of a "cash position", then nothing you do or say here is predictive in the least, no matter what happens.

    Any money manager who is ever 100% cash -- though this piece doesn't say he is -- is going to underperform the market longer term.
    Jul 7 01:58 PM | 2 Likes Like |Link to Comment
  • Buy The Rumor, Sell The News On Apple's New Watch [View article]
    We don't know what the capabilities of the iWatch are yet.

    Nonetheless, most of the shorter term future expectations for the stock are because of the iPhone 6 release.
    Jul 2 10:56 PM | Likes Like |Link to Comment
  • iShares Nasdaq Biotechnology ETF: An Offensive Defense Buy In This Weak Market [View article]
    Thanks; I've liked IBB for quite a while now but haven't traded it recently. It is generally a very nice dip buying vehicle.

    However, its defensive characteristics were questionable during that last selloff we had as it sold off pretty heavily from its top. A less volatile medical ETF is XLV, also heavily weighted with health care bellwethers.
    Jun 6 02:03 PM | 2 Likes Like |Link to Comment
  • At The Right Price, Apple, Amazon, And Google All Offer Strong Long-Term Value For Investors [View article]
    QQQ/TQQQ on the dips (selling on the rips) effectively gives you a good chunk of these guys, these are all bellwether companies and AMZN has their tentacles in everything, to support the overvaluation. I have no clue on how rocky the road will be.

    And re GOOG, I dreamt I was driving around in my smart car though some big monster truck was tailgating me.
    Jun 1 09:46 AM | 1 Like Like |Link to Comment
  • Ralph Acampora has a "sick feeling" [View news story]
    Could this be right? Yes.

    Is it predictive? No.

    Does it have value? No.

    From Sept. 2013

    http://seekingalpha.co...
    May 16 11:16 AM | 3 Likes Like |Link to Comment
  • Stocks set to add to yesterday's losses [View news story]
    "Stocks set to add to yesterday's losses"

    Is this a prediction for the entirety of the day?
    May 16 08:32 AM | Likes Like |Link to Comment
  • Tepper Hedge Fund Trade: Long Apple, Short Russell 2000 [View article]
    That's it, it's that simple? And were I that steadfastly nervous, I wouldn't be 60% in equity (though a much bigger deal for him to get out more than that) and, why bother with the long AAPL part of a pairs trade .... just do the R2K short.

    BTW, in his "talk" he also said he wouldn't be short. One thing for sure - the R2K is the last place you want to be during a rally but it has historically been a great bang-for-buck way to slowly scale in to weakness.
    May 15 06:34 PM | 2 Likes Like |Link to Comment
  • More pain ahead for small-caps, Credit Suisse says [View news story]
    FYI - IJR is one of the commission-free ETF's available at TDAmeritrade. I like that one too ....
    May 12 11:36 AM | Likes Like |Link to Comment
COMMENTS STATS
182 Comments
178 Likes