Topstockblog

Blogging to add value. Sharing and discussing helpful websites, money, stocks, etc.

Market thoughts, positives to help and negatives to deal with.

I get too short sighted when my money is in the trade.  I am not sure if I can over come this.  Part of me says use the last of my financial resources to try to trade.  I just can’t seem to escape the short sighted nature.  Getting tricked frequently.   I had a short position on MTG today and a long position on YGE.  I missed the rally in YGE early, and sold out of the MTG trying to be more aggressive with a short position on QQQQ.   The Q’s have powered higher. 

 I have noticed that CNBC has alot of relavant information about the market.  CNBC helps me spot, and keep in mind market ideas.  I have noticed that I may be able to use CNBC as a contrarian indicator.  Cramer was complely sure the market wuold crash some time this weak.  Then the market opens higher squeezing shorts.  

Keep in mind weather the market is up or down. 

Watch the movement of ingterest rates.

Watch Government policy

Work hard.  

Cover both sides of a trade befor executing it.  Analyze risk and reward.  Time frame. 

Don’t let greed play too small or big a role in decisions

The power of using good judgement as a large trading component

March 11, 2008 Posted by | Uncategorized | Leave a comment

UNH BSC and S acting like stocks going much lower.

UNH ( 3/11/08) – is acting very poorly after a competitor well point missed earnings and cited lower margins going forwards, payment reimbursement difficulties, and a weak economy among problems. Being a voting year, many losers in health care management are possible.  Including lack of funding available for public health care programs going out of business.

BSC – was reported by Charlie Gaspirino on CNBC to have been in all parts of the mortgage process from origination, to packaging, and trading mortgage loans.  Then using funds to back other loans with Hedge funds that have blown up.   Lack of faith in BSC managements judgement is said to compound this problem.

S – is operating with negative leverage as it loses it’s base of customers because of significant problems.  ATT and VZ are taking market share with no end in sight.  Costs of operating all aspect of a cell phone business have large fixed costs, and a declining revenue base is impossible to over come.  

March 11, 2008 Posted by | Stock investing links, ideas, and opinions. | , , , , , , , , | Leave a comment