I've been short Toyota for a few weeks. Here is the short and sweet bear case for Toyota (TM): [more]
Many of you know that I've long felt Ryland home has been very aggressive with its accounting in order to stay in good standing with it's debt covenants. [more]
I was busy covering a large portion of my shorts the past two days in addition to traveling and working so I apologize for not posting sooner. [more]
Stock Market Rule: If a stock chart stays flat for decades - that indicates that a stock or an industry is not creating intrinsic value (generating earnings that accrue to this is an update from my prior refinery post in August. [more]
I blogged earlier that I hadn't realized that accuracy points only count if a pick is +5% vs. the Market. I figured if I had known that for all of 2008 and if I'd been paying attention to accuracy I'd be a higher ranked player. [more]
This is what I was warning about - in 9 hours the market lost 4% - about half of the mid-December Rally (857 to 943). [more]
Whether you are a bull or a bear you need this market to sell -off soon. It is technically more "overbought" than it has been in over a year and if my friend (who sent me the link) is right then we are more overbought than we've been in 3 years. [more]
This is a follow-up to my prior 5 posts regarding +3% point rallies like the one Friday. Unless a 3% rally (300 point up day on the DOW) occurrs at "a bottom" it is bad news during a bear market. [more]
FYI - if you want to add my new profile to your favorites it is Dex10picks [more]
Even if this is a new bull phase or just bear rally... the bottom line is that this market is overbought (everyone in the media is bullish or constructive on stocks). [more]
Did anyone else have this problem?
I picked over 14 stocks around 2pm on Tuesday and they are still not "ACTIVE". I hope CAPS fixes this bug and makes them active at the 12/31 prices.
FYI - I thinkt here are lots of good ETF shorts right now for CAPS points... I want to get positioned ASAP.