Three Week Battle

Profit takers vs. the performance chasers. Friday and Monday the performance guys (buyers) were out and about, and yesterday and today the profit takers sold some of that rally. The December bias is still bullish and short term support for me is roughly 1179.

Things I am adding to or nibbling here include:

$YELP, $NFLX, $LNKD, $FB and $AAPL

I will  momo myself into the New Year as I buy dips.

Carry on.


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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  • Joe Donohue

    Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »

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