Friday, June 12, 2009

Know when to fold 'em

Here is a 10-minute SPX chart that pretty much says it all for a Friday when Red Wing fever has taken over our world:


Mama said there'll be days like this,
There'll be days like this Mama said
(Mama said, mama said)
Mama said there'll be days like this,
There'll be days like this my Mama said
(Mama said, mama said)

A

12 comments:

  1. Anonymous11:34 AM

    Allan
    LWLG is moving up
    any technicals from u would be very much appreciated
    serge

    ReplyDelete
  2. Anonymous11:46 AM

    dang. foiled again.

    ReplyDelete
  3. Anonymous12:09 PM

    Hi Allan,

    Do you like the move in LWLG today?
    And thye have not even announced any collaboration with any company reagarding the Electro-optic prototypes they are working on.
    If all goes well, their class of material has the potential to replace the silicon in today's chips, for future alloptic networks... A ways to go yet, but sure looks like a yellow brick road tome!
    GL to all
    AR.

    ReplyDelete
  4. Re: LWLG

    Guys, what's not to like about +50% pop in one day?

    ReplyDelete
  5. Anonymous3:42 PM

    Its only 50%?

    ReplyDelete
  6. ROB G8:06 PM

    allan

    sorry your team lost. they started playing good when time was starting to run out. i cant believe they even got a good shot off on the last faceoff with 6.5 seconds, for a second i thought they tied it. anyway keep your chin up.

    rob g

    ReplyDelete
  7. Anonymous7:41 AM

    RED WINGS GET KILLED!

    Run you Eliott wave stiff on THAT why don't you?

    At least you know how to pick stocks, if not hockey teams.

    The Red Wings are finished, for years, probably.

    GO PENGUINS!

    Keep up the good work, but you'll be eating crow on this one for a while.

    Giuesppe

    ReplyDelete
  8. Anonymous8:08 AM

    I guess all the Red Wings had Red wing Fever after last night'ts blowout.

    Had they been healthy maybe you would have lost by less.

    Allan, you are a GREAT trader, but leave hockey to we who are former players and who understand the sport.


    You know trading, WE know hockey- go with what you know. Cramer says it. Buffett says it. Do it, just do it.



    Marc in Memphis.

    ReplyDelete
  9. Re: Red Wings Loss

    Nothing that a little music won't cure:

    http://www.youtube.com/watch?v=fT1Sa91N75E

    Besides...

    More important things.

    Like, money to be made.

    -Mike

    ReplyDelete
  10. sucks though...

    http://www.youtube.com/watch?v=ha8_Q6u0GV0&NR=1

    -Mike

    ReplyDelete
  11. Anonymous11:00 AM

    Great title to this blog post. I'm folding them on NNVC at a 56% loss.

    Great pick. Any others I can lose 1/2 of my money on?

    ReplyDelete