You gotta Goog hoby : )
Nope, not a dime in it here, but GOOG is exhibiting a mere glimpse at what the 90's were like. It was not uncommon for daily moves of $20-$100 over a day, week or 2 week period for the larger dot.com's. Those were the days when I would watch my portfolio grow $500-$2000 over a 2-3 week period.
Those days are long gone but Goog is harking back the 90's. Tis the season guys if you want to get in it. Historically the market between right now (last week of October) and the 3rd week of January for retail (mid-March for everything else) is THE strong growth period. After the dot.com trend and the bubble-burst of the early OO's, I retrenched into stocks that are solid as rocks in terms of earnings, growth potential and historical strength even in bad times (the Spring 00 - Spring 03). I gave insight to ASD in a past post as such a company. I love stocks with solid, sure 10 yr charts, as well as other factors. My list is about 6-8 stocks. My elder friend has about 10-12, which include my 6-8.
Here's another major one to peek at that I love. It is out of the news which is my key to investing in any large issue: - HAR
Look at HAR's year to date, 1yr, 3 yr, 5yr, and compare that with the market. Look at their product line and scope, their earnings and pps growth in the face of down markets. ASD and HAR are 2 of about 6-8 great long term plays out there.
As with our CMKX, I mentioned last week factor's I'd like to see, and so I'm just kinda' hangin' out until they occur. : ) I believe they will occur. I'll stress again, it is good to talk and share anything, and proboards32 has gotten into decent threads about various issues. However, we have history on our side to show us what it boils down to to move CMKX. So, I scan and read, but still waiting to see 2 or 3 specific things, and it appears the market is as well.
One thing I will add is the discussion about a short squeeze.
The effect of one will be positive, but equally as strong if not more, will be the new money coming in heavy from the sidelines for CMKX when certain positive news hits. The shorts will get forced out quickly and pressure the pps higher, and the new money will cause an even greater and sustained rise.
UCAD and GEMM remain good long term plays because of their alliance with CMKX and their low tradable floats. News should result in positve moves for both.
That's it from here. Championship game is tomorrow night, which will be televised. The cases of 'Little Hugs' (adreneline disguised as kool-aid..lol) are bought. Win or lose, it will be fun and proud of about 30 crazy, wonderful kids.
Be well,
Bo
