Alright, Knock it Off, Already

Those who follow the markets may have noticed that the last two days have been, well, shitty. Four times as many losers as winners yesterday, and twice as many today. My 'watch' portfolio of about 30 strong stocks was down all 30 yesterday and 28 of 30 today. These are all strong companies and strong stocks, mind you. Here we have September as historically the worst month of the year for the markets, and I was up almost 15% during the month. And I've given it all back in the first week in October. So, investors: the sky aint 'a fallin'. Stop sellin' already! I only trade fundamentally strong companies and stocks, which means the company must have a solid track record of good earnings, stock price patterns that are sane with respect to those earnings, and score high with reputable analysts that aren't merely shills for the investment bankers. So, once I have my fundamentally strong companies, I use technical charting analysis to know when to get in, when to get out, and where to set stop losses. There's a lot to this -- more than you'll ever even imagine unless you actually do it -- but I like...


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Richard Nikoley

I started writing Free The Animal in late 2003 as just a little thing to try. 20 years later, turns out I've written over 5,000 posts. I blog what I wish...from diet, health, lifestyle...to philosophy, politics, social antagonism, adventure travel, expat living, location and time independent—while you sleep— income by geoarbitrage, and food pics. I intended to travel the world "homeless," but the Covidiocy Panicdemic squashed that. I became an American expat living in Thailand. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. ... I leave the toilet seat up. Read More

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