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Insiders Club 8-31-2009 Bookmark

Insiders Club Update


Good morning all. I'm back in my usual office this morning, and I'd love to say all is just fine, but life has a way of getting in the way sometimes. Yesterday I got ambitious and figured I'd vacuum the

Insiders Club 8-28-2009 Bookmark

Insiders Club Update


Good morning all. I have a few minutes here this morning before I have to take my mom in for some tests, so I figured I'd post up a quick update. Evidently they manipulated the market at the close yesterday as DELL

Insiders Club 8-27-2009 Bookmark





The market has shook off it's initial funk that had it down some 80 points. Right now it's off about 40 and trying it's best to claw back. We didn't get stopped out of our EMC, and it has started to recover.

So what's

Insiders Club 8-26-2009 Bookmark

Insiders Club Update



Incredible chop, that's what we have today folks. I have held off putting up a post, just in case I saw a trend or direction forming, but no, this is simply chop. Why? Simple. We've come a long long

Insiders Club 8-25-2009 Bookmark

Insiders Club Update



Good morning folks. Welcome to another installment of "how the market turns".

Yesterday was a wickedly nasty day. You could see evidence of topping action all morning, and yet the big programs were firing off every twnty minutes. We tried to

Insiders Club 8-24-2009 Bookmark



This is pretty "funky" action folks. Look at IBM. It blasted through 120.00 and raced for 80 cents. Then as the market got soft it stalled. In the past twenty minutes it simply "gave up the ghost".  We didn't wait for it to hit our stop,

Insiders Club 8-21-2009 Bookmark



Just a quick note that I took on some CBI as it crossed over 15.00 a few minutes ago. I hate buying anything with the market this high and I fear it's going to get tossed back in my face. But the resistance

Insiders Club 8-20-2009 Bookmark

Insiders Club Update


This has been an awfully interesting morning folks. The Initial jobless report hit and it stunk out loud. Another 576K people had to sign up for first time benefits. The continuing claims rose also, despite many coming to the end

Insiders Club 8-19-2009 Bookmark



Well wasn't that fun? As I said I had taken FSYS, and it instantly ran for about 20 cents, and then Whoosh, over it went and I had to sell out flat.  Don't you hate that? I sure do. But as I said, I

Insiders Club 8-18-2009 Bookmark

 Insiders Club Update


Most of you know by now that unless we're carrying a lot of positions, or buying and selling frantically, you will usually only get one post for the day, sometimes not even that. So, you might wonder why I'm

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