Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

it's an "easy out" to always have AG to blame for your trades going against you

during the last week i bought and sold intel every day. i made money on it every day. there was no skill involved. how does this make sense? i dunno. i'm not complaining. if there's an insatiable hunger for intel, i'll respect that. well, respect it in the sense that i'll jump on, place a stop, and then jump off before the close.

a market like this doesn't make sense to me, because its too easy. true, the market gaps and i don't get the advantage of those gaps. in fact, early in this rally, that's all we had, gaps every day, which made the most profitable strategy one of holding overnight, which i won't do.

come to think of it, the market gaps up at the open practically every day now. in a non-trivial way. oh well.

now of course you could say, "yes, bull market! buy all dips!" perhaps. but you didn't really need to play dips all that much on intc. just play it where it lays.

(and, by the way, the choice of intc comes from my folder of "pumped" stocks that mlsoft has pointed out. so its not a random thing here. and perhaps some sort of validation for what he's generally talking about.)