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2010,A disaster for bears......


  

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Thank God....

 

2010....what a mess

 

I could have achieved almost the same results by just buying the S&PeePee on Jan 1, and then watched internet porn for the rest of the year

 

Going into 2011 with almost all cash (not including my corporate high yield bonds, =33% of my assets)

 

No more "names"

 

No more "garbagio junkers"

 

Just using big liquid ETF's to play big sector moves

 

Planning on less than 100 trades in 2011....versus my usual 1,000-2,000

 

Should be interesting

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The Americanization of Mandy Drury

This chick came over here and was a nice healthly looking little fox, and actually sounded fairly intelligent (when compared the rest of the clowns on CNBC, e.g., Kernal Kernan -- probably one of the stoopidest ugly motherf^^kers on TV, and his kids are even uglier -- sheesh!)

 

...but I digress

 

 

Now she is getting starting to lose muscle tone from eating KFC with Sue Hererra....and as far as intellect goes....fuggedabowdit....holy crap....she is now challenging T. Regan and M. Francis for SCOCNBC status

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Sold a few more bonds for the tax loss today,rolled them in to shorter maturities at really good prices.Someone really coughed a few up today wayyyy below market and made the rotation worth it.

 

Still the last 2 months has totally sucked for me,looking ahead to getting huge chunks of syndicate next year to make up for it.In theory,with my brokers new position I should have my best year ever in 2011,but I will believe it when I see it.

 

I suck!

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I had a good year. Would had been great if i nailed the recent move up from the November lows,

 

Some of my highlights this year.

Rode the move down in Early Jaunary.

Rode the move down from April highs.

Rode the move UP from the August lows to mid September. <---Remember this one. The day Doc went off on me was the low...figures. :)

 

It's the past 2 months that got me a stumped.

 

Currently short TF (heavy) from 788.60. Should have covered on that double dip to 781.50 at the close and called it a year.

 

Happy New Year to all.

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Thank God....

 

2010....what a mess

 

Going into 2011 with almost all cash (not including my corporate high yield bonds, =33% of my assets)

 

No more "names"

 

No more "garbagio junkers"

 

Just using big liquid ETF's to play big sector moves

 

Planning on less than 100 trades in 2011....versus my usual 1,000-2,000

 

Should be interesting

 

 

Buy 25 popcorn stocks in the gold sector on Jan.3 and watch them pop for a quarter. Rinse and repeat every quarter for 100 total trades.

 

CDY

http://www.StockSharePublishing.com/ChartLib/CDY_12_31_16_46_1293831962.png

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As bad a year as it was for the bears (again), remember that last time, it took about 5 MONTHS of bear claws to destroy 5+ years of the "this time it's different" gains. I suspect the next time will be even more unkind to our bull counterparts. The bullishness now is comical. The "teachable moments" this time around seem to be nothing more than "The Consumer" taking out more loans, with "The Investor" buying more overpriced stocks. The same clowns that advised caution with Apple at 100 less than 2 years ago are now saying it's a screaming buy at 320+! If that isn't the sign of an approaching top, I don't know what is. And if not- well, hey, there's always silver, gold, and bets against the dollar to keep us afloat, right? There are only so many parts of the jigsaw puzzle that the helicopter pilot can control without negatively (for him) impacting the other parts.

 

Happy New Year...

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I voted for flat. I do see the potential for a serious decline if 1010 spx breaks early in the year. Otherwise, the break above 1228 (.618 retrace) does damage to the idea that we did not see an generational low at 666 in March of 09'.

 

Happy New Year all. :)

 

Michael

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...snip...

I provide information that is unique, both in my cycle research and my liquidity research. Both help to identify major turning points, and keep people on the right side of the trend. But I leave the decision making up to my subscribers. That's why I call it the "Professional Edition." It's just not suitable for the masses. I try to simplify the free stuff I post. All day here, I just post price targets. Doesn't get much simpler than that. How much traffic has that generated?

 

The feedback that I get from subscribers is that they find the material very useful, and they are happy to pay for that. A whole bunch of intelligent folks do subscribe to the Wall Street Examiner Professional Edition, some who have done so for the 8 years that since the service went to a subscriber basis. I'm proud of that, and proud and grateful to have their support. Without them, this site would not be here.

 

Now I really gotta go!

 

Happy New Year!

 

Yeah, the basic problem here is that the Internet is great at providing a tsunami of information, but has failed miserably at providing wisdom.

 

You have provided that wisdom, now it is just a matter of mahketing...

Easy to say, hard to accomplish. Identifying your market is important.

Educating your market is important. Feedback from customers is MOST important to developing a better product. Think about that...

 

All I can say is keep up the good work (it has been invaluable to me) and to everyone here - have a Happy, Peaceful and Profitable New Year!

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A BAD YEAR FOR THE INCORRECT

 

It was a bad year for bears

 

But a good year for those who were right.

 

But being right is always where the money is.

 

We are in a bull market - not a very strong one but still in a bull market

 

Gold went up 30%. :rolleyes:

 

Better than owning stocks - because of all the debt in the system

 

Just holding gold was the right strategy

 

Dont over think the market

 

I can see a bit of a January selloff -

 

But thats as traditional as the santa rally

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You must have a collection of these now?

 

Only holdin' some straglers (DPTR, YRCW, ALU, BSX, EK, SAYCY, SWHC, THC, UIS, YTEC, CLWR)

 

The first two are in the crapper....the rest, are +/- but in the aggregate about flat....regardless, this hot steaming mess will be run off in 2011

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