I want to take a minute to pause and reflect on this past year... I have posted some fantastic trades, and some, well, not so fantastic...so, below is my personal scorecard...
In feb, 2009 I suggested a bottom in BAC. Because the bottom was 2 weeks later on March 1st, 2009, I give myself an "A" grade.
In March, 2009, I suggest looking into the Solar Index. In the past year, that WAS the bottom at $6. I give myself an "A" grade.
In April, 2009, I suggested taking quick profits in Retail. We know that sector has been on a run like no other for the past 12 months. Grade "D-".
In May, 2009, I saw a bottom forming in UNG. Well, if you have looked at UNG at all in the past 6 months, you will know the story. UNG was a widow maker. I give myself an "F" grade.
In September, 2009, I saw the LVS volume up more than normal, in addition to a bearish chart pattern formation, so I suggested taking profits. Today, months later, the price pattern has been flat, taking profits was the prudent thing to do. I give myself a "B" grade.
And finally, in December 2008, I posted a bottoming chart pattern in BIDU. The stock has been on an amazing run. If you held it this past year, you are up over 700%. That an "A+" grade.
tb
3.26.2010
3.25.2010
3.24.2010
3.18.2010
Fearless...
The VIX is right at the next support level... We could easily bounce back to 30 from here..
tb
3.17.2010
3.05.2010
3.01.2010
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