Jiesen tries to take over the world

[jiesen]

Jiesen,
You're another step closer to world domination as XING goes nuts.
------------billyjoe

yes. but I'd be two steps closer if I'd actually loaded up again on XING last week...

[billyjoe]

Jiesen,
You're another step closer to world domination as XING goes nuts.
------------billyjoe

[jiesen]

I'm moving about a 2% position out of mutual funds into bonds today. I believe from this point, a 5% return is likely to do better than the overall market- at least in the short run. We could easily see another large correction (I'm pretty sure that one will occur before the NAS gets to 2500), and if we do see a 10% correction this year, I'll put the money back to work again. Until then, I'll be happy with my 5% on this chunk of change.

I'm buying back a 1% position of the fund I sold. The market has corrected about 5% from when I sold it in Jan, and my bond fund got a nice 1% bounce this past week, so I'm putting half of this bond position back into the equity market now, and plan to get the other half back in if the market drops another 5-10%. It'd be nice to catch the bottom, but I'll just be happy if my plan executes.

[peanuts]

I just finished my first (and likely only) marathon today (~4:25) so I'll stop being as busy and stressed out as I have been lately, and it'll hopefully leave me a lot more time for analyzing, trading, and all that good stuff. Ok, now let's make some money, shall we?

WOW!!! congrats... have a seat and check out some stocks

[jiesen]

I just finished my first (and likely only) marathon today (~4:25) so I'll stop being as busy and stressed out as I have been lately, and it'll hopefully leave me a lot more time for analyzing, trading, and all that good stuff. Ok, now let's make some money, shall we?

[jiesen]

bought MFLX (again) at 42.8

added 1% more to my MFLX position (now at 5% total). The price just keeps getting better and better! This is all I'll add, though, unless we do see Spike's $21 target someday...

Nothing has changed fundamentally, since the merger was announced, and I don't the market for Razrs will disappear so fast that this drop could be justified. MFLX is still a HUGE buy imo.

[New-born baby]

Nice read there "J"....

First you say you like the charts, and you are going to start believing them. Then you say this. Tisk, tisk.

[jiesen]

thanks, Lye! we'll see how it plays out...

[Lyehopper]

picked up another 1% of MFLX at 50.0 in AH today. don't know why the stock should drop $9 on this earnings report....

Nice read there "J"....

[New-born baby]

Whoa!

picked up another 1% of MFLX at 50.0 in AH today. don't know why the stock should drop $9 on this earnings report....

Who knows? You'll probably find out in a few days, but it actually fell $9.96. Dow Theory says you can add another $10 onto that for the bottom. Check out the option chain and sell a few $55 calls. If I recall, you bought the first load at $60, and now $50, so you have $55 in it. Most likely she dips down into the $30's, so a little extra income might make you feel a little better until she recovers.

this isn't the only stock where the news was good and the selling was strong. CCJ split 2:1, and when that news came out, $15 was lopped off of the price. It split at $70 ($35 per), and now had become about a $45 stock. Still don't know why the selloff on such good news.

[Lyehopper]

picked up another 1% of MFLX at 50.0 in AH today. don't know why the stock should drop $9 on this earnings report....

woah!.... Join the crowd dude. I had PARL crap out on me today too.

[jiesen]

bought MFLX for 50!

picked up another 1% of MFLX at 50.0 in AH today. don't know why the stock should drop $9 on this earnings report....

[jiesen]

sold SSRI at 24

got out of my SSRI position (~2%) today at 24.0. Roughly doubled my money in this one over about 2 years. I hear Buffett's no longer in silver, so I guess it's probably not the value it used to be a few bucks ago.

[jiesen]

I don't doubt that MSFT will be at $39 sometime in the future, but I think it'll take awhile for the market to get over the major disappointment with the recent guidance revision. I believe I'll still be able to get it in the $20's for several months to come... but not forever. I could be wrong, and I'd hate to have lost these shares to the open market, but if my wife makes money off of my mistake, I've no problem with it.

[New-born baby]

Msft

I looked that chart over today. I have to say that is quite a long tail upstairs. It dropped from $25 to close at $23.50 or so. That's a big move for this stock. On the positive side, the RSI is so oversold that the chart almost has hit zero. the STOs suggest that you could enter here. Sooner or later Gates has to run out of sellers, I would think. And believe it or not the PnF thinks this stock has $39 potential. (That thing lies from time to time ). Negatively I do not see a lot of growth potential in this stock. Jiesen knows what he is doing, so I will not criticize, but it is not a stock a want at this time.