An Unintended Caesura
Although my absence from blogging passed with nary a comment, I recognize you love me; you really do. Yes, I could offer the usual whines that (my) life interfered with sharing my comments and perceptions re the markets, but will not. (Though true.)
Investment opportunities abound, as always. For example, I shared with you ~4 or 5 weeks ago that I would purchase Google/GOOG at $420; I hope you purchased then as well. Especially in light of yesterday's earnings 'surprise' -- that catches in its net one well-known money manager and newsletter writer who, only days ago, made the wrong recommendation, "sell" -- and today's rapid ramp up in its share price.
btw, allow me to reify a plug for Rob Hanna's market insights (Quantifiable Edges); I appreciate his methodology and perception of the markets. Note, for example, Rob's comments from just this morning...
"... traders focus too much on pattern recognition and therefore only look at price ... Looking at price and price-based indicators is like looking at the Grand Canyon on a black and white TV. You can see it, but throw in volume and maybe you’ll get some color. Breadth could get you HD. Sentiment gives you surround sound. Add some intermarket analysis like Dr. Steenbarger employs and some historical studies like I prefer and you might actually get to view it for real..."
Hmm, ain't that the truth?
While I consider possible topics for future posts, please ask whatever is on your mind. All questions welcome, and on any topic, especially as your questions should help inspire my creative juices.
Full Disclosure: Long Google/GOOG
David M Gordon / The Deipnosophist
Investment opportunities abound, as always. For example, I shared with you ~4 or 5 weeks ago that I would purchase Google/GOOG at $420; I hope you purchased then as well. Especially in light of yesterday's earnings 'surprise' -- that catches in its net one well-known money manager and newsletter writer who, only days ago, made the wrong recommendation, "sell" -- and today's rapid ramp up in its share price.
btw, allow me to reify a plug for Rob Hanna's market insights (Quantifiable Edges); I appreciate his methodology and perception of the markets. Note, for example, Rob's comments from just this morning...
"... traders focus too much on pattern recognition and therefore only look at price ... Looking at price and price-based indicators is like looking at the Grand Canyon on a black and white TV. You can see it, but throw in volume and maybe you’ll get some color. Breadth could get you HD. Sentiment gives you surround sound. Add some intermarket analysis like Dr. Steenbarger employs and some historical studies like I prefer and you might actually get to view it for real..."
Hmm, ain't that the truth?
While I consider possible topics for future posts, please ask whatever is on your mind. All questions welcome, and on any topic, especially as your questions should help inspire my creative juices.
Full Disclosure: Long Google/GOOG
David M Gordon / The Deipnosophist
Labels: Market analyses, Notices
<< Home