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This bear is still cautious…
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This bear is still cautious…

by MoleOctober 27, 2009

Berk here:

And here is why.  Fractal update… Nothing has changed… Be careful here.

And a little bit of Gann…

Gann old box

Gann old box

And a little more Gann…

50% called it (for now)

50% called it (for now)

While I do admit that this drop has been steep, on no news, and pretty good for my account, I STILL don’t feel it.  However, I’d like to bring light to a list of individual equities that I had mentioned earlier in the month.  X (-8.5%), MDR (-1.66%) , FWLT (-3.61%), NIHD (-1.93%), DTG (-16.83%), and MTN (-2.81%).  CE (+8.82%) rallied on their earnings, but I grabbed a few 25puts on this guy.  Just a reason why some of us prefer individual equities to the market as a whole [$SPX -0.02% ; $NDX -1.13$].  If you are looking to beat the performance of the market, there is no better way.


About The Author
Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.