By Josh Hayes on February 4, 2012
Did you know the Nasdaq hit new 11 year highs? Of course you did. I think I only heard about 25 people on Maui tell me this and ask me questions like “is now the time to buy mutual funds?” What? Really? Uh, no. Anyways, it was an impressive session and the Russell 2000 hit [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on February 2, 2012
The market just keeps moving higher. Every dip is bought and supported and as long as that is the case I am on the hunt for good stocks to help replace my bad stocks not moving higher. I expect that we are due for a pullback sooner or later. However, I am not going to [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on February 1, 2012
Another round of buying winners to replace the laggards we have sold the past two days. Eight stocks out and seven new ones are in. If you are close to fully maxed out, remember, you can either focus on the CANSLIM longs only (PVX LQDT MELI CBM) or adjust % invested in each stock accordingly. [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 31, 2012
Wow. This rally just sucks, bottom line. The CANSLIM and hot chart methodology continues to suck and I am growing ever more tired of it. The move to penny stocks is becoming more and more enticing as I continue to be utterly disappointed and disgusted by the way stocks act even during an uptrend. Shit [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 30, 2012
Today was very disappointing despite the bullish intraday reversal. Well, once again, as has been since the end of 2007, my two biggest holdings ate shit today. FARO and CFX both are giving me sell signals. This rally can’t even produce any meaningful gains before giving legit sell signals. Whatever. This is why I am [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 27, 2012
First off, remember, just because I am trading all eight of these does not mean that you have to. Why do I take all of my signals? Because how in the hell am I supposed to know which stock is going to explode 10% higher, like USU did today, or not go anywhere like the [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 26, 2012
Any time I lose money it is painful, even if it is just a normal pullback. But how do we know today is just a normal pullback or a start of a new downtrend. The sad fact is that we do not. Nobody does. The only clues we can take is from our charts. On [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 25, 2012
First off, congratulations to everyone here that was able to borrow and short BVSN. A one day gain of 28% (non-margin return) was realized today. Stunning one day gain. Congrats! As for the market it was another day and the same thing. A slow moving grind higher that is catching many on the sidelines as [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 24, 2012
What a day today was. BVSN and AAPL. That is all I have to say. In the chat room today we were all over BVSN and many members nailed the top. Too bad there are no shares to short it seems anywhere but Suretrader. Suretrader is not a US brokerage firm so that might have [...]
Posted in Silver Longs, Silver Shorts |
By Josh Hayes on January 23, 2012
Today was an overall boring day but an overall constructive boring day at the same time. The market indexes started off in the green only to reverse into the red after the early morning rally was faded. The good news is that stocks found a floor and managed to rally to about the midpoint of [...]
Posted in Silver Longs, Silver Shorts |
