Tuesday, October 13, 2009

CLICK HERE

Stockcharts guy I newly bookmarked

Gym membership


I was thinking I needed to join a martial arts club to get rid of some bodyfat. Turns out my winter gym membership arrived today...

What I am watching (and stocks that look ok)

One of my accounts is in EWM, only up 3.4%, most everything else is double that or more. I might look to sell and wait or enter some of the following. I'll likely only go for an ETF, but chart wise the following look watchable: CNO BMI HLCS VGZ TXT ZGEN SHZ JJC SLV IXG SEA CEDC GTN EWO CERS. Short candidates RODM USEG.

Monetizing blogs, my message

I took a quick look around the adsense stuff, thought back to blogs I liked and found helpful. I was considering trying to make a few bucks off of this down the road, but I am just not that worried about making a few pennies. I'd rather enjoy my life and make the big bucks.

The other issue is the message I believe in and would put forth, it would not sell. I have nothing to offer, my message is not unique or sexy, I offer little unique insight. The advice I would offer is what I would say to any youngster coming up in the world: Work hard, study, save as much as you can. Pay yourself first. Invest in the best you can, dont be too risky with money you can't lose. Follow the major trends, ignore the news, follow the price. Read a lot. Daytrading for pennies is tough, try the long balls to stay around. Trade less.

Monday, October 12, 2009

Breadth indicators

Click title

Week review

The best thing I heard all week (from Gilmo) was how odd it was that O won the Nobel on the same day that the US bombed the moon!

I've only reviewed a few charts, things look nice. Caught that Dow had new closing high for the year, others are close. Higher volume sure would be nice to confirm but this slow creep sure is good too. Informal sentiment still bearish but more bulls awakening. I have some comfort room in ETF profits but it does not look like I will need them.

Some pigeons completed their first 200 miler, took several days for some, this am I think I see more around.

Thursday, October 8, 2009

Fear and Greed

I like the movement of the market. I am still looking at individual stocks but still see where some of what I would have chosen has stayed flat or lost, would have damaged pride some more. Greed keeps me looking, fear keeps me out. Real estate pulled back I expect it is still okay in my 401K for long term hold. Odd how the foreign ETFs move throughout the day, they look like they could be traded intraday. I'd like to read more fundamental international news but might not go looking for anything. EWA interesting, I reviewed my blog, should have bought when I commented on the real infrastructure high speed spending they are doing, not the new sidewalks I see here in the states. I'm all in! DGS EWM EWZ ILF INP RSX THD Systems and Forecasts seems to be good at measuring the VS of the market.