AI
Thursday, November 04, 2010 3:00:39 PM
Money is flowing into CGS space like flood
What we see this week is a reversal of June/August time frame. When money is flowing into CGS space like flood. it is fruitless to fight the trend
.
I am moving money around though. Locked some profits and rotate into less expanded stocks. Reduced my weight in CCME (50% of my portfolio at one time, now 30%). Sold my last shares of KNDI and UTA for CELM/BSPM/CGPI. Put in some low bid for CKGT - no hurry here but it could be a good December play if the market holds.
All the options I bought during last two days are up nicely.
What we see this week is a reversal of June/August time frame. When money is flowing into CGS space like flood. it is fruitless to fight the trend
. I am moving money around though. Locked some profits and rotate into less expanded stocks. Reduced my weight in CCME (50% of my portfolio at one time, now 30%). Sold my last shares of KNDI and UTA for CELM/BSPM/CGPI. Put in some low bid for CKGT - no hurry here but it could be a good December play if the market holds.
All the options I bought during last two days are up nicely.
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