Sunday, July 20, 2008

Have we seen the-most painful bear tape in history???

There IS lot of debate IF we have seen THE BOTTOM or A BOTTOM.....

These discussions have only one purpose...to CONFUSE the-hell out of real issue..IF serious money CAN be made from hereon????

There IS too much emphasis on calling THE BOTTOM instead of highlighting tremendous opportunity which IS @ hand.....

WHY...there is NO FOCUS on the-best BUYING opportunity in 8 years.....????

Because....It does NOT increase ratings on CNBC/FOX......

FEAR about markets BOOST rating big time....as listeners are GLUED to CNBC looking for answers from "anchor desk"......

The quality of ANCHOR DESK has "serious deficiency" in KNOWLEDGE/DEPTH/UNDERSTANDING of markets.....

CNBC MUST explain that their FOCUS IS on next 10 minutes of trading.....as they are FIXATED on "current tape & sky IS falling syndrome"

If you would have stayed in quality stocks like RIMM,AAPL,GOOG,AMZN...you are actually AHEAD in this PAINFUL 12 months......

Why last 12 months was "painful"...because one sector troubles affected everything else.....

Some CONTRA TRENDS made serious money like OIL,AG,STEEL,COAL....but most of US missed that completely...

With NO RECESSION markets tanked to bear market category.....

With NO Unemployment RISING market tanked to bear market category....

CORE rate INFLATION is still in "manageable category" but market tanked into bear market territory.......

No wonder I could NOT see the light of this DISTRESS.....

So where are we NOW.......???

Is the bear tape almost OVER....YES

Are we going to see improving ER from High growth companies like AAPL,RIMM,BRCM...YES

Have financials "discounted" sub this ,sub that ISSUES......YES

Has the new "bull market started" in S&P 500 1200 area where there is solid SUPPORT...YES

Few things will help to BOLSTER your confidence in market :

STOP watching CNBC/FOX unless it is to FEAST your EYES not BRAIN......

STOP watching CNBC/FOX unless that is the-only entertainment you like.....

Start doing your OWN research for fast growing companies especially in EARNINGS category.

This IS a start of a MAJOR UPTREND which will last several years......

The question IS are you going to do anything different...or CONTINUE to look for "QUICK FIXES" from MB,BLOGS,CNBC,FOX,IBD.......

My "humble suggestion" is to improve your OWN knowledge of TA alongwith solid Fundamental research......that IS the reason I do NOT subscribe to any FA/TA service????

I get real sense of company trends by following 50 companies closely by reading all news and ER......@ least that has KEPT me in the game for 40 years......

So... are you READY to catch the next 2,000 points on the Dow????

Do you have the RIGHT stocks to OPTIMIZE your returns????

What is OPTIMIZED returns???

If Dow goes UP 20%...by having the right stocks your returns COULD be as high as 50% in the same time frame......

I know it sounds all good on paper.....but with hardcore analysis & timing ...it IS possible not only achieve 50% but you CAN "BEAT IT"......

Good luck with your OWN Warren Buffett approach with a dash of TA !!!!

You CAN do IT!!!!!

BLOG does NOT give buy or sell.

Saleem

9 comments:

standardshigh said...

Hi Saleem,

Great analysis today. Keep up the wonderful work you do.

"Feast your eyes" That's funny!

I turn on shows to catch the numbers but keep the sound off. Never read or listen to what they say. Too much eye candy.

Have a great week.

Stocks100 said...

Hi Standards,

Thanks for your appreciative note.

Sometimes a non-CNBC analysis CAN wake UP some investors/traders...

Till this day.....I have NOT seen the validity of CNBC changing MOODS on every stocks....Sell/Buy/Sell all on the same day on the same stock by the same person???

Good for a laugh always !!!

So AAPL is a SELL take 3/4 off only leave 1/4 in......but IF it goes UP $20 then JC will CLAIM ...I told you to stay in AAPL !!!

Saleem

madmax said...

SALEEM

It is so GOOD to see that you are optimistic about the market
THat should be an indicator that we are do for a nice run up..
I hope so!!!!!!!!!!!
My Mutual Funds are all way down.
I still say be diversified and have some tankers like FRO and DSX, DRYS.
Some oils like PQ (on sale here) HAL SLB,
and Perhaps CHK the CEO again bought more shares. He believe is NAT GAS--me too.

As for CNBC I am addicted--I admit it, I need a daily dose of their tonic--and it is usually poision! But, I still tune in.

IMHO China has been a disappointment the last 5 months I got 100 shares of CHL--boo hu! way down...

AAPL should not disappoint--looking for a MT hold here to yield a $250 share return
WHat you think my friend.

Stocks100 said...

Hi Madmax,

I agree CNBC is a different type of entertainment for some.....I just dont like "too many hair extensions on most anchors....BOTOX & Plastic Surgey has CHANGED all anchors???"...but if you like plastics...then it is OK !!!

For real gossip i prefer ET....

AAPL....will BEAT & guidance will be "conservative" as usual.....will make a run for $200 area...I hope !!!

Saleem

madmax said...

GOOD MORNING ALL

Another real HOT day in DC, lots of traffic and busy busy shore traffic-record volume on hte roads around here.

Hey lookinf for a run in AAPL, it may have to be after hours.
Looks lik the financials will start up earning were not so shabby!
My GS is looking up--
Nat gas seems like it is still a safe play--they say hte hurricans will give gas a big boost-who knows.
Cheers to all-and God Bless
M

Stocks100 said...

Hi Madmax,

Toronto is High 69 & low 59 degrees...a normal day in Toronto area....

AAPL will be the-news AH !!!!

Good luck with GS & Gas plays...

Saleem

Troy House said...

madmax, which gas plays do you like and what price?

madmax said...

TROY

Hello:
CHK is best of breed good price NOW.
PQ---my cheep play good price now.
NOV RIG WFT SWN COG CRZO GMXR DVN CHK HAL ARD NTG EOG UPL UNT WHQ XOM APA ECA this is my list of oils
I follow.
GMXR is a goo dprice now too!
UPL, XTO are favorites, they are all low in price.Be conservative nibble on several.
Whole hog PQ and CHK

Good luck I am in big with HAL
I love the big drillers rigs and technology

Troy House said...

madmax, thks for the great info, very useful.