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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Bull or Bear

Date February 2, 2010  Edited: February 2, 2010    Comments Comments (3)    Rate this post Recommend This Post (69)   
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It is still Stock Pickers market.

If you like a stock and are willing to hold - then buy when it goes on sale.
It can still go further down and should be part of plan. Please do not expect stock to start going up from your buy point. Based on your analysis, it has a fair chance of making a profit
If you are bearish on Market - then one can buy some TZA - 3 X bear ETF goes up or down 3X times
Tags : OKSB   ING   HIG   JPM   IBM   UPS   SAP  

3 Comment(s):

Author rjm77me     Date February 2, 2010 13:27 Abuse this post Report Abuse
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Taking 5% profit on HIG - it could go higher or lower - do not know - It was a good swing trade for me. I did the same in personal account
Author JoeJustJoe     Date February 2, 2010 16:06 Abuse this post Report Abuse
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To me it "looks like" it's time to be a tad mo cautious in the finanshill seckter for about a day or two. I don't personally like seeing fokes tripping all over themselves to buy like we saw in sheeeyit like RDN, HIG, PMI....even my RBS play is showing a confirmt short term top altho OBV is still on the neggy side. I'm skeeerd Mighty Mouth is gonna "finally" realize he was wrong...again....and start loading up to the long side here also...putting the ole jinx to the plans I announced this weekend whenst TB stopped by to spew about how much he "thought" he knew. :o A buy call from Mighty Mouth would be devastating at this point. "Hopefully" yuns woanna hold it agin me fer being a tad concernt. >>> :o 3J
Author rjm77me     Date February 3, 2010 16:29 Abuse this post Report Abuse
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Sir 3 J - every one has their own opinion and as you said this site makes no margin calls. One can test their funny money as they like it here or trade with real money, I do trade most of my own picks with stop loss. I may not close some of my loosing trades as their iss no margin calls.
Sure I loose money at times and make at the other times. You acccept the market as it dishes out to you as a trader.
Happy trading
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