Well, I noted yesterday that we may have made a short term top. The GMI went back to +5 when the number of successful 10 day new highs fell below 100, to 76. There were only 136 new highs, the lowest in eight days, and 37 new lows.  Only 46% of the Nasdaq 100 stocks [...]

“The right way to do it is to pyramid.  I have a buying power of 1,000 shares.  I think Studebaker is going up.  I buy 100 shares.  It doesn’t go up when it should, or worse, goes down.  I sell it out.  The loss can be charged to insurance, or experience, or as necessary cost [...]

I have a confession tonight.  The past few days I have been saying that I do not fight a downtrend and stay mainly in cash or short.  Well, I am not perfect. I could not resist nibbling at a stock that was resisting the downtrend.  For several weeks now, Cramer has been recommending GOOG as [...]