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Trend table status






Up 7/31/20

Up 1/29/21

Up 5/29/20


Up 10/2/20

Up 8/21/20

? 3/26/21


Up 3/29/21

?- 4/5/21

? 4/1/21

Short term

Up 4/1/21

Up 4/5/21

Up 4/1/21

Don Worden of Worden Brothers (makers of Telechart software) used to keep a trend table before his health issues got in the way. I always found it useful. Mine is slightly different. Hopefully helpful. Up? or Dn? means loss of momentum. ? by itself means trend is neutral. ?+ or ?- means trend is neutral with bias of up(+) or down (-)

Friday, March 7, 2014

Investment thesis poll result

Have you seen an investment thesis for the market or stocks that makes no sense to you lately?

  11 (73%)
  4 (26%)

Interesting that most of you have.  What prompted this question was something I saw the other day.  It was basically that we should not value social media companies by traditional metrics like sales and profits.  Apparently it only matters how many eyeballs a company has.  You don't actually need to make any money from them, LOL.  That just reminded me of all the crazy crap I saw in 2000 during the dot com mania.  That kind of stuff usually means it is time to sell.  


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The information in this blog is provided for educational purposes only and is not to be construed as investment advice.