Where's OJ "mr. contrary indicator"? and " Mr. Underwater but happy"
(Jerry "TASR strategy" holding everything not selling as he keeps saying) is never around when the market is down. I'd like to see his lists of short plays this week. YHOO awesome? really? Jerry you told everyone you're holding through and that they should buy August calls a week ago in nearly a dozen stocks, these calls are almost completely down to "zero" now.
Its been an great week on the short side in buildings, semis, banks and others. Jerry, great call on the Asians again, just like your NTES a few months ago (holding through the SINA report?) or BRCM down from 47. IMCL still going to 100 and 120? How much are you down KLAC, GPRO (which you are holding?) What is the etc? you told bearmove you are holding so many and Will not sell! You told those that were unfortunate to get your newsletters (I advise traders to delete those newsletters as you would a virus!!)
to put in LOOSE stops and stay calm we are going to explode to upside! Buy all August options so we can lose even more money <g> Everyone must continue to accumulate IMCL at 86 we are going to 100 and 120!
from his newsletter:
AGAIN I TRADE DIFFERENTLY THAN MOST OF YOU
That's true, most of us trade for profits and trade the daily trend and don't trade the TASR way. Holding through 40 and then 8 to 9 points of downside (BRCM,IMCL kLAC etc) and spend the next few weeks recouping some of the losses instead of shorting and taking profits if you had any <vbg>
WHEN I'M IN A SWING OR POSITION TRADE THAT I HAVE MAJOR UPSIDE TARGETS ON I AM NOT GOING TO SELL THEM. NOT HERE AND NOT NOW. I believe we'll see fabulous profits here along with major up side guidance all thru the sectors INCLUDING the semiconductors too. The entire street is worried about the semis, I say NUTS! The semis are doing just fine world wide, some company specific stocks will do worse than the bigger names, but with all due respect to the Wall Street Pundits the big cap tech semis are going a lot higher here. This is the time for you to be positioned in discounted stocks and hold thru the expected earnings run
BRCM---46.10 THE BTL---44.90 THE SST---THIS IS A PREMIER SEMIS STOCK THAT BROKE THE PENNANT UP AND OUT AT 44.00 I AM LONG AND WILL HOLD NOW. MY PRICE IS 43.31. BRCM HAS EPS DATE OF JULY 20TH AH EPS $.32 EXPECTED...BUY THE AUG OR JAN 40 CALLS OR BOTH. 50 SHOULD BE EASY HERE.
THIS IS A GOOD WEEK FOR THE START OF A RALLY WHAT WITH YHOO MID WEEK AND DNA AND GE THERE TOO. I AM OPTIMISTIC WE POWER UP HERE.
IMCL---86.75 THE BTL---85.60 THE SST---I OWN IT, LOVE IT, AND WILL NOT SELL IT. CONTINUE TO ACCUMULATE THIS STOCK 100-120 IS MY UPSIDE TARGET.
KLAC---46.85 THE BTL---45.75 THE SST---HAS A CC ON THE 13TH AT SEMICON WEST AND REPORTS EPS DATE OF THE 29TH I LOVE THIS STOCK AND CHART I AM LONG, UNDERWATER BUT WILL NOT SELL IT. TARGET 55/56
yesterday's update:
SMH---35.00 THE BTL---34.10 THE SST---I DOUBLED UP HERE FOR AN AVERAGE PRICE OF 35.75 I FULLY EXPECT A SOX REBOUND.
TASR---45.00 THE BTL---43.90 THE SST---IF THIS STOCK TAKES OUT 46 SEE YOU LATER ALLIGATOR.. I AM LONG AT 44.85 AND I AM NOT SELLING EITHER..AND MAY ADD SOME OPTIONS "OR" WRITE THEM SOON.
Good Morning everyone JULY 1 update to the troops (lying in swamp!)
People are still not believing in the distinct possibility of this major rally I'm taking about and writing about. Look, you do what is most comfortable for you and your pocketbook. Me? and what I'm suggesting is you better be long or be wrong. This rally is going to be large, not a quick flash move mind you but a solid grind up move ahead and past earnings
AI
