Sunday, October 26, 2008
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
5 comments:
Joe, thx for the newsletter! Can you give me your thoughts on BOOM?....I've been short this one since the 30's and think it could drop to 5-7 soon. Also, still short C from 26> I think the derivatives timebomb could be the next shoe to drop.
darwin
if it was me i"d be covering a bunch with profits like that, boom looks horrible and so does c, but you don't want to give back any of those gains
Thx Joe, I do have trailing stops which I'll tighten.
I think we are headed for a rally.. EVERYONE and every piece of news is negative.. extreemly bullish if you ask me..
these are the times we rally, you never know
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