Going Shopping

There is a karmic storm a-brew. Somehow, the "Amnesty International Crowd" has seemingly transferred the stoning of an allegedly guilty Iranian woman to the RAX stock price.

I still like this bad boy. Cloud Computing is the future. I will buy this piece of trash down to 12. For now, I will nibble accordingly.

PEEP THIS hot track. The 1:30 de-hooding is boss.

UPDATE: July 13 - RAX is up almost 5% this morning. Yesterday's buy was well-timed I believe, indeed.

Yingli Solar (YGE)

Finding this stock has been the best part of my world cup experience so far. Opportunity is everywhere, for those who pay attention.

YGE is gobbling up the solar market in California. The company also boasts robust fundamentals. I took a starter position at 10.97 and the stock is up 14% in the three days since.

I'm holding this bad boy for the longer term though, and happy to accumulate in the 10.50-8.50 range. I think it will eventually break into a higher range.

I also have a further small exposure to solar in the shape of a nascent FSLR position.

Strategic Planning.

As I said, I've been watching copious amounts of Create Capital. If you're into learning about the stock market, I've found in my own internet-based experience that videos go a long way. Don't get me wrong, reading and shit is important. But it's a nice supplementary tool.

Check out www.tickerville.com for timely analysis a few times a week.

I'm playing with an indicator of my own:




It's not perfect, as evidenced by the 13.5 shake-out. My strategy for playing this uncertain market is to accumulate stocks with strong fundamentals on weakness. I basically articulated that yesterday when I was talking about XOM. With a large cash position I will supplement my winship by playing the indices using a combination of indicators, including of course the aforementioned.

Since it's not really MY indicator, per se, I won't tell you what it is, at this point. All thanks and praise to the PPT

Other names that I will "get at" are YGE, RAX, VOD, NLX, NZT, FSLR, TEVA, OII. But only when they are "Petrzalka cheap."

I like technology and I'm willing to entertain eco-plays if the fundamentals are strong. There is probably a lot of money in that shit if people can pull it off profitably. Which remains to be seen in only a short matter of time, in my opinion.

The key to executing the above is to avoid getting caught up in the day to day. I'll nibble on positions as they dip into the lower end of their trading range. I'm also doing it in conjunction with about 437 other indicators including how many mosquito bites I might have gotten the night prior. Actually, you can make that a constant of zero. After I installed a complex system of fans nary a bug could stay airborne in the perpetual twister.

I'll keep you posted on how this goes...

Trading Thoughts

I have refrained from doing much of this, but it's what is taking up my time these days. I've been studying the art of active money management pretty intensely these last few weeks. Ergo, I will write about it. I always write about what I'm doing.

For now, I'll say if you are at all interested in the markets, at all, the best use of time you can get is heading over to www.createcapital.com every weekday morning at 9am. It's WELL worth it, should you have ANY interest in such things.

I was a net seller today, taking profit on the recent runs. I'll come back to this. I want to buy XOM on a pull-back because I think it looks cheap. I mean, take a look at it. And I mean, sorry eco-friends, but we're not getting off the oil-drip any time soon. From what I can tell this has sound fundamentals. If the Gulf tragedy has taught me anything, it's that there is a shit-ton of oil under the sea. These guys will be making money for awhile.

It's Reality, Bro

I just finished reading a great book, The Big Short, by Michael Lewis. I read a lot of non-fiction. I enjoy it.

This particular piece of prose was about the collapse of the US sub-prime housing market.

One of the take home themes was something that has emerged in my life before, in other books and on more personal levels. In this tale of Wall Street mishap, it goes to show that the whole world, minus a handful of astute individuals, can be completely oblivious to tragedy and even go as far as to delude themselves into thinking that everything is great. But if the numbers underneath don’t support your belief, it’s only a matter of time until your house of cards comes tumbling down.

Embrace your reality, no matter how ugly.

Numbers don’t lie. And they don’t care if you like it or not.

BACK IN ACTION

Forgive the hiatus. I failed to blog much at all when I was at home. I was too busy, having fun and enjoying life in the industrialized world.

It's also summer. Blogging is easier when I'm confined by the cold and overwhelming presence of winter. I'll try to get back into the swing of things.

Later B'lava

"The best day in Bratislava is the one before you leave it." - Sarp Kayalar.

I'm stoked to be going to Toronto tomorrow.