Category Archives: Uncategorized

Market Melt Up

The market is supposed to be smarter than the rest of us right? So what is it telling us by this huge gain over the last 6 months without a single significant pullback? Here are some thoughts. In March 2009, the … Continue reading

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AMZN Down Again

Even with the stock market up today, Amazon – AMZN is down again. The stock has dropped about $15 in the last 5 days down from $191 on the 18th to $175 today. Look for support on this stock around … Continue reading

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Gold Down Big – Stock Market Will Be Next

Gold is down $30 today to about $1350. This is the second big drop in the last few weeks and a sign to me that the stock market is ready to fall. I thought the market was due to drop … Continue reading

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The Economy is Trapped

The main stream media is a joke. They report select stories and never bother asking why. When gas reached $3 under president Bush, they asked him why and what he was going to do about it. Critics and Liberal Democrats … Continue reading

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Overpriced Stocks for 2011

I have started a new site for my passion of overpriced stocks. If you are interested in following my opinion on these bubble stocks, visit www.OverpricedStocks.net and you will see my picks for 2011. These overvalued stocks will drop big … Continue reading

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Fiesta is over for Chipotle CMG

I tend to look at overpriced stocks because that’s where I see the most opportunity to cash in right now. I wish I caught this one sooner. This one hit my radar over a couple of months ago, but I never … Continue reading

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Golden Slacks Strikes Again – NFLX $200 Target

What great timing Goldman has.  They set a target of $200 on the price. Thanks, it already got there and dropped almost $30 since then. Also BMO Capital raises it’s target to $180 this month. I will be buying more … Continue reading

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Bond Bubble

What is the bond bubble? Most Americans have no idea what is on the way with bonds. Many put much of their retirement in so called “safe bond funds”. The exact opposite of what they should have done. This bond … Continue reading

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AMZN Still Holding Strong

Although BIDU, NFLX and PCLN puts have been HUGE winners, my AMZN puts have been weak. Other than a few swing trades, the big drop in AMZN has not happened…yet.  It will drop, I have no doubt whatsoever, the question … Continue reading

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100% gain in 1 day on Bidu Put

Sold my Bidu $100 put for $2.05 this morning. Paid $.90 yesterday probably too early, but that’s ok. Take the money while you can. Seriously, doubling your money in one day is not a bad thing. You should never feel … Continue reading

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