Me? Phased by Kim? Come Monday I "might" just put the kabash on the ENTIRE military industrial complex via a "well placed" short on Lockheed Martin. The ticker on that one is LMT...just plug it into the "enter symbol" window on your Bigchart. Go ahead Mr Trumpf..."MOAB" Kim...I dare ya! :-) I'm doing short term trades until the markets completely top out. And that won't happen until the sexy VIXens attack (and in the case of UVXY, take out) 52 week lows. Keep watchin JCP though. Let's see if the 4.50..ish area now acts as a ceiling on any rally. Here's a little penny dawg that just set the lowest trendlow I logged in and has already "almost" dropped the entire 40%. I will call the long term buy target .24 based on the trendlow (still visible on the 10 day chart) at .41. A drop of 40% less than that takes it to .24.Just another case of waiting for "the numba." Now we will find out (using the DMI readings) whether or not GALE >>> 1) Blows right thru that .26 low and generates another trendlow, which would dictate even looower prices...or 2) Trades down to the target buy near .24 (don't hate me if I miss by a few centavos) and gives us a chance for a 100%+ gain. I'll spew a blog on it "if" it actually generates a buy down assunder.
RE: 7/31/17 Follow along as @alexmorris and I try to save J.C.Penney (JCP) from Jeff Bozo and Amazon
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7/31/17 Follow along as @alexmorris and I try to save J.C.Penney (JCP) from Jeff Bozo and Amazon