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Monday, November 23, 2009

REALITY SPOKEN, LISTEN TO THIS LINK


You can decide if you agree or maybe you will not.

I am not talking about the trend in the market right now. I am not talking about a day trading play here. I am talking about a future I see our country headed to.
The prefabbed illusion of a recovery is a shell with no base holding it up, it's a fake and will not last.
Greg Ruffin

Sunday, November 22, 2009

DUG IS NOW A BUY


DUG is now a buy.

Oil is a bubble that is about to pop once again.
The majors will earn even less in coming quarters, the profit margins are just too thin right now. Oil is too high and their profits are being hit.
Greg Ruffin

Saturday, November 21, 2009

WHAT DO YOU MAKE OF THIS INFO?


Just came across this link. I thought I would post it here. What do you make of this information? Do you think any of it's true?

Friday, November 20, 2009

BIG STORM BREWING IN JAPAN


There is a storm brewing in Japan that most of the world knows nothing about as they plan their holidays. They are the brink of default as their debt hurdles towards 250% of their GDP projections show this will happen sometime in 2014, maybe sooner.

There are major ramifications for the world economy.
Below are vollies of new reports concerning their debt burden vs their GDP and they are staggering in scope.
It began long ago for Japan.
Most people do not know about the CIA's factbook. Below is hard data available to the public concerning just about any declassified info you want. Go to the link and do your own DD.
There is a big storn brewing that will make the sub prime crisis look like a walk in the park.
Study and do your own DD and see what you come up with.
I am not a doom and gloom kind of guy, just trying to point out some disturbing facts and wondering how they will effect us in the near future.
I espicially know that we will not be warned before hand as we were not warned to protect our assets in October of 2007 from the markets decline. You did not see Washington warn the public to save their retirement accounts from destruction. They will not warn us this time either.
Ask yourself one thing. Why was their such desperation to pump liqiudity directly into the stock market over the last 18 months or so. Then ask yourself if that fixed any of the underlying problems that caused the decline to begin with. Ask yourself if the unwinding was muted and delayed or stopped all together.
We shall see over the next 36 months how bad things really are.
We will not be warned about this storm from Washington, that is a promise. They will not panic the public in showing them what the truth is in the depth of problems that really exist in our world economy especially with Japan as it's debt burden becomes the eye of the next major crisis that will trigger world markets lower once again.
The big red dot of Japan is the epi center of the next trigger.
The dominoes will fall outward from their.
You might want to study this region and it's dynamics in the current theme of the world economy. It's not good, not good at all.
Greg Ruffin

GPRE AND ASTM


A good friend of mine turned me onto GPRE not long ago so I wanted to share it after watching it for week.

Do your own DD on this one. I will be averaging in on pull backs.
I also bought ASTM a real stinker, a big money loser and do not think you should buy it unless you have money to throw away. It's a long shot spec stem cell stock. I have waited for years for it to fall and then level off like it has now. So I bought a small stake today at $.31 cents a share.
I feel a pop is coming in stem cell stocks soon, they have been quite now and beaten down like they always do, then they pop off of news.
Just a fun long shot play for me. I have always wanted to buy it cheap.
They have cash to burn and many institutions backing it even at these levels.
Again, do your DD.
Greg Ruffin

Wednesday, November 11, 2009

HOW TO WIN


The worst thing that ever happened to me was making $40,000 in my first four weeks as a day trader back in 2004. During that span of time I made as much as $38,000 in 90 minutes and losing close to $33,000 in one night on SIRI. I had huge swings up and down.

The best thing that ever happened to me in investing and trading was losing $7000 bucks on October 30, 2010 trying to be some one I am not.
It has taken me 5 years to get over the most powerful addiction I have ever known. I have never done drugs, smoked cigs, had a drinking problem, nothing until greed took me over in 2004. It has taken me 5 years to shake this off almost to the day. My first day trade was Oct. 18, 2004, ISON for a $16,000 profit day. The volume was huge that day for ISON.
I have come full circle and I know what greed is, what day trading can do to a person, what that addiction can do to your soul.
I have learned that I can not day trade and that it is a stupid way to try to make money for me, maybe not for some people but for me, the risk is too great.
HOW TO WIN
Everyone has their own way of winning, for me it was finding that there is no quick easy way even though I lived the illusion given to me via my own greed. I have doubled my ROTH account but I have also lost a lot of money I didn't need to.
So I have arrived back where I began five years ago. I work hard and I save what I make.
I have been investing in my ROTH with weekly dollar cost averaging purchases every week since August. I will continue to do so and when our markets go down and they will I will step up my buying in proportion to the decline. As others sell I will buy more in each step of the decline for I am a much better long term investor. You see my sickness, my addiction to day trading blinded me to my old ways. In the past I would have stepped up my buying as the DOW approached the 6400 level, instead I was trying be some fancy day trader, trying to pick the bottom and then I missed it, then I became a stupid day trader shorting the most historic rally of all time. WHY? Blinded my greed, blinded by being some one I am not.
I will never veer from what has made me money all my life, DOLLAR COST AVERAGING.
Until 2004 I had used this practice. As Dec 1999 came around and stocks got way too expensive and P/E's got way out of hand I sold when everyone else was at the party in Dec of 1999. I moved everything to cash as I did in Oct. 2007.
NOW WHAT TO DO?
I am still buying every week. I have not moved the nest egg out of cash. I will leave it there and will only use it when and if we crash and I see everyone has lost hope. I always kept a powder keg of cash just for the great declines in which to buy in mass. I missed this chance in March of 2009. I set right here on March 6, 2009 telling a friend it was time to go all in because the end of the world looked at hand. I didn't. I will keep the bulk in cash for now just in case the time comes. I can wait. If it never happens then so much the better for all of us. I will still have a bundle of cash safe and sound.
THERE IS NO MAGIC
I never found the magic again I had on Oct 18, 2004 and those following four weeks. Making $40,000 in one month for a regular guy really screwed me up. It's taken a very long journey to return to sanity and a less risky way of making money with money. I have found that longer swing trades work much better and day trading does not work for me at all.
I will go back to picking stocks I see that have value, that have promise based on real world data and not some whisper in the wind.
Right now I do not see a need to worry about some market top, after all I am buying dollar cost averaging. I could care less about the market corrections that happen. I do not see a major drop in our markets right now. The trend is very much in place on low volume. I will be watching for the volume to pick up now and into the first few months of Q1. I will be watching the earnings of Q1 as everyone else will. If they show a decline I will make a swing trade short even while buying less each week as we go higher. If I see our volume spiking upward and earnings show they are not meeting expectations I will quit buying weekly. I will pull everything off the table then when I see the data and how the market acts.
I do feel we have another 10 to 20% upside but it will be based upon earnings in Q1 and Q2. It will be based upon the dollar and how it is acting then. It will be based upon interest rates and job creation by then. It will be based upon hard data and the market trend and not me guessing. Until then I am buying more each week.
I am no longer day trading. So the wishy washy FAS/FAZ trades are no longer.
I will get my IT man to take down all these adds and to make our site more user friendly again. I have lost readers because I lost a big part of me in trying to be some one I am not.
The time has come to end the madness of day trading and the useless damaging emotion of it all.
I do have to agree with Cramer on JDSU. I also like DRYS and UNG. I like GE and Ebay. I like DDSS long term even though my shares have gone down in value. DDSS I feel is a long term gamble one should not risk much money in, it's a high risk/reward trade and shold be treated as such. I have read some comments on here about why there was no one or two week magic trick rally on this one. Come back in two to three months and then lets discuss DDSS, not now. Only a day trader would care about daily action. I AM DONE WITH DAY TRADING. If you want to get pissed about losing 15% in one day fine, the market is there all day for yout gamble and get emtional over it. I am done with that emotional stuff. You should not trade or invest what you can not lose and do not cry to me or complain to anyone about your losses. Do your own DD and blame no one but yourself for your losses and your wins, if not get out of investing or trading.
How to win. That is really for all of us to decide, we are all different.
I am a VET and thank you for your kind words and I wish all other VETS out there a kind thank you as well for your service.
Greg Ruffin

Tuesday, November 10, 2009

TARGET AREAS TO WATCH


I have been buying since August in my ROTH retirement account. Yes I waited too long to begin buying, about five months too long. I have not felt a very strong urge to pick stocks since March and so many readers are leaving this blog. After all dollar cost averaging is boring, investing for a long term pattern is boring but it works better than anything else I have ever tried.

Speaking of my own long term pattern I will be pulling everything off the table as the DOW approaches 11,722 and the SPX approaches 1300. I see this area correlating to a demise in corporate earnings around Q1 of 2010. I see January through February as tough months in the markets if you are long. I think these months could be the start of the next huge wave of selling that will see us going below the old lows quicker than anyone can imagine.
I see a continued erosion of confidence in corporate expansion leading to less job creation, not more. The markets may love high unemployment now, but it will grow tired of less consumer spending.
The markets will grow tired of higher taxes, it will grow tired of buying stocks up as more unwinding takes hold in a whole new round of foreclosures and profit taking will ensue. It will grow tired of banks too scared to loan, and big and small business to scared to borrow.
This market will crush shorts for the next 15 to 20% move upward on heavier and increasing volume and by the time it does this most people will think the market will never crash again and the all clear signals abound. Then it will hit so quick and it will kill all hope and trust in our government to bail us out. This time down we lose it all, all hope.
There are too many people paying off debt, too many business' doing the same thing, and not enough risk taking for growth to take hold in a big enough fashion to put 8 million people back to work. Most of all we can not run fast enough to pay off the debt this administration has brought us.
The only thing that has taken place in 2009 is the averting of the coming Great Depression. They stalled it, they printed money and Gold flew, but they can not hide the unwinding that will take place. They can spend trillions behind our back and not account for it, they can lie, they can play with numbers, but they can not heal what is coming, only time will do that.
We have a long hard road coming in this country.
Anyone sounding the all clear now...they are fools, they know nothing.
Greg Ruffin

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