Monday, February 12, 2007
Sector Spotlight: NASDAQ Stocks
After the market blew-the-fuck-up in 2000, I vowed never to buy a NASDAQ tech stock again. Naturally, I rescinded on such promises, and many others, when the market started to rip in 2003.
During bull markets, NASDAQ tech stocks can make you feel like you have a full head of hair, wash board stomach and an IQ equal to Einstein's. However, when the bitch starts going down, you start feeling like the dumb, fat fuck, with no hair, that you are-- minus the extra cash.
Fortunately for me, when the markets start going bad, I take naps and brush up on my coffee guzzling skills.
No, seriously, I start hedging. Then, I take a nap.
So, as the market prepares to make you feel like a dumb, hairless, fat fucker (whether you are or not), I suggest you start shorting some stocks-- and fast. Otherwise, you are doomed for poverty.
NOTE: I am using the QID (200% inverse NASDAQ 100) as a hedge against my stupidity.
During bull markets, NASDAQ tech stocks can make you feel like you have a full head of hair, wash board stomach and an IQ equal to Einstein's. However, when the bitch starts going down, you start feeling like the dumb, fat fuck, with no hair, that you are-- minus the extra cash.
Fortunately for me, when the markets start going bad, I take naps and brush up on my coffee guzzling skills.
No, seriously, I start hedging. Then, I take a nap.
So, as the market prepares to make you feel like a dumb, hairless, fat fucker (whether you are or not), I suggest you start shorting some stocks-- and fast. Otherwise, you are doomed for poverty.
NOTE: I am using the QID (200% inverse NASDAQ 100) as a hedge against my stupidity.
Comments:
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I would have figured there would be a lot of comments on this post ...A lot of people must be losing money.
anyway, I'm trying to use this day to find quality stocks (aka, stox doing good during distribution days)instead of finding shorts.
I came up with 3: HANS, AYR, SNCR.
what's your thoughs on OVTI? Its up on new technology news. You think it can make a comeback?
anyway, I'm trying to use this day to find quality stocks (aka, stox doing good during distribution days)instead of finding shorts.
I came up with 3: HANS, AYR, SNCR.
what's your thoughs on OVTI? Its up on new technology news. You think it can make a comeback?
Gio--
OVTI is a terribly run company. However, it can be good for a trade.
My little ADY has firmed up.
I like SNCR, bit love HANS.
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OVTI is a terribly run company. However, it can be good for a trade.
My little ADY has firmed up.
I like SNCR, bit love HANS.
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