Investors....come in please!

[Pablo]

but my REIT's were up.

GM - you've been sitting cash for some time - the problem is the market has been in a rally for awhile and you've sorta missed it. I guess it is best to wait until the dive at this point.

 

[TheLoneRanger]

DIVE!....DIVE!.....
Aaaaoooooggggaaaaa

 

[Oldmoparguy1]

Wild day yesterday... I'm down some, but not bad. 3

of my stocks actually closed up. Could have been worse.

GLW seems to have plateaued for now. Too bad we missed the bump, but I'm not going to get emotionally involved like last year.

Looking at HBI this morning.

 

[Pablo]

Yeah - I actually lost a very small, fraction of a percentage yesterday - but it's interesting to put some perspective on it - a small percentage is now more than I take home in two weeks!

 

[Oldmoparguy1]

Lots of bargains out there now. What to buy, what to buy..

So many stocks, so little time...

 

[TheLoneRanger]

Energy stocks are getting a pop today, so life is good......

 

[Pablo]

HBI - is it my skid mark sig?

Yeha energy baby.

 

[GROUCHO MARX]

Pablo, the markets have been in a secular rally. I would have maximized my returns by being wholly invested in stocks but the return last year wasn't bad, about 13%, being 2/3rds invested.

I will be more bullish this year at a time I feel is right. Might miss it, I dunno?

In the mean time I am slowly dipping my feet and trying to digest sector by sector.

I may be looking for a Euro play. That is a U.S. multi-national earning revenues in euros then converting to dollars on its income statement realizing a 30 percent return.

Is it hopeless?

 

[Oldmoparguy1]

I'm wearing my HBI..

Bought some HAL.

 

[GROUCHO MARX]

Pablo, I hate not being wholly invested. I hate buying and having the market dive more. As you said, at this point I feel I have to wait for a correction. I'm a real Hamlet.

 

[Pablo]

Well I was wholly cash often last year - so I'm with you. I would say I'm about 35-40% cash right now.

Cash is good in at least two ways:

Protection
The risk return on cash accounts/good money markets is great right now - above 5%!

Bad
Your money could be earning REAL money.

 

[Turk]

Hey der Pablo, (and all other loyal as oil BITOG investors...)

Punch FIREX into your quote box & let me know.

I think you'll be pleasantly surprised.

 

[Pablo]

Since I own FIREX, I know it kicked butt in 2006. Up 43% or so.

The recent dollar strength and unsettling events have kept it pretty tame.....or down.....or undulating.. in 2007 so far.

 

[LubeOiler]

I shorted GS by the chart. The 3 drives up should give me about 20 points. Also the CCI is diverging. If there is any good news a stop is in place.

 

[TheLoneRanger]

Goldman's down 25 cents in pre-market trading, so you're making money, LO. I guess short-selling isn't so risky as long as a close stop is in place.....

So what's your favorite indicators, CCI?

 

[LubeOiler]

Yes CCI,RSI,Stochastics and MACD. They are enough to show enough of a difference to get a good feel of what is changing on the chart with the candlesticks.One more used to be Volume but it hasn't shown as much of a factor unless extreams are in play.

 

[TheLoneRanger]

Quote:

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Yes CCI,RSI,Stochastics and MACD.

---

Very good.
I've been working on a custom formula, where the trigger is a short-term KST crossing a medium-term KST. (Searching for the trader's Holy Grail.

) It's amazing how accurate it seems to be so far; but still in the back-testing stages....

Just looked at the S&P500 chart: If it falls about 8 points below Friday's close (to ~1414), it'll touch the 50 day moving average. It hasn't been there since July, at the start of this current rally. This will be very bearish if it does touch it; market might be rolling over.....

 

[Pablo]

Quote:

---

Quote:

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Yes CCI,RSI,Stochastics and MACD.

---

Very good.
I've been working on a custom formula, where the trigger is a short-term KST crossing a medium-term KST. (Searching for the trader's Holy Grail.

) It's amazing how accurate it seems to be so far; but still in the back-testing stages....

---

Don't be afraid to share with us! I have used RSI and stochastics in the past. Somehow surprises always come up.....I just like plain old insider buying and rising volumes fitting classic patterns.

 

[TheLoneRanger]

Quote:

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Don't be afraid to share with us! I have used RSI and stochastics in the past. Somehow surprises always come up.....I just like plain old insider buying and rising volumes fitting classic patterns.

---

Yeah, I agree Pablo. The old and simple indicators seem to work as well as any.

The KST system I'm working on is simply a rate-of-change formula using 4 different time frames. It's basically a momentum indicator that's filtering out 'noise' in the charts, and giving more reliable buy/sell signals.

 

[Oldmoparguy1]

Bought AMD and HAL yesterday. My NAT continues up. Lost a few pesos so far this week, but still up over 1% for the month. Be nice If I could sell something before month end...