Sunday Set Ups 7/29/12

{+++} A transformer just exploded in front of my house, so I am on a wireless card and I have zero power. I’m starting to feel like Burgess Meredith in that apocalyptic Twilight Zone episode. We’ll be back to video soon as soon as the summer doldrums near an end. I will also be popping [...]

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Being Contrarian

{+++} Contrarian investing is psychologically difficult. Investors often must look at a stock chart that shows a 60% decline, or even higher, and ignore any pattern-recognition skills that tell them that the price is going to decrease further. Much of the discussion of the stock may come from short-sellers, who have earned high returns from [...]

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The Wrap 7/23/12—-VRNG

{+++} We’ve traded VRNG before, but I am putting this on the list as a speculative buy through the end of October. It’s an interesting story and could see significantly higher prices. I watch it everyday and occasionally day trade it. The company is involved in a patent infringement case against GOOG for a lot [...]

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The Wrap 7/18/12

{+++} Mr, Bear is back in the woods for now it seems, as the market has put together three out four decent days. Energy is acting better (XLE), but technology really woke up today. FFIV and QCOM reported after the close and that has put their prices higher, it also has futures making a nice [...]

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Sunday Post

{+++} I’m writing this from deep in the bowels of Pennsylvania (Philly actually), as our stay lasted longer than we thought. I am writing while in transit and although I am a decent multi-tasker, I’m not driving as I type. Anyway we were away for the weekend and I will get you a full video [...]

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Coal Update

Many of you followed my coal call a few weeks back, We pretty much caught the bottom (rather be lucky than smart) and many have emailed me about what I’m doing now, so as courtesy I am going to tell you. This is for the gentle people that are professional enough to ask thoughtful questions [...]

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The Wrap 7/9/12

{+++} The markets sold off in the morning, but managed to recover today. The Russell, S&P and the DOW all managed to hold hourly support and the daily charts still are in tact. Coal was the red headed step child today and PCX (the worst of the bunch), may go BK as early as tonight, [...]

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