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Blurpkin's Blog
posted by blurpkin on 1 months ago
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so you're going to open this can of worms again, are you, blurpkin?

Last edited on: 03-15-2009 10:11 pm

testing

This is really cool.

testing

Last edited on: 10-04-2008 01:37 pm

RIMM is still a watch to me. Until it gets to 115 I will not attempt to buy into that
stock.

ENER is also a wait and see. With oil going lower, I dontsee how solar could rally. My
2nd scenario occured. The thing shot up to primary support. I want to see it churn
around there and establish a base.

If it shoots past it way 2 fast then the stock is 2 volatile for me. Not for other fast
gamers. For me it is.

Again ENER needs toestablish a base to support itself. Not keep going higher.

RIMM carries its first resistance at 98 as you can see by the bounces from the 3 days in
the last week (this is a value level for some buyers presumably) ...additionally enjoy the
message i have sent you blurp and keep to yourself

I am posting my RIMM chart. Yesterday RIMM made a run but if your buying now your buying
in the middle of the run and wishing it goes higher. Wait for it to retest that bottom
and see if it holds, or go up to 200 DMA and rest at that level. Dont buy now and see it
go lower, possibly breaking that lower and going down to 88-92 area.

Im over all bullish on my portfolio now that I look at how I reacted more closely.

My portfolio has been dragged down mainly by DRYS, NUE, and FWLT. I was overweight
commodities.

I feel bullish because I think its done going down for now. Most of these stocks have
been beaten and pummeled.

Most hit 50% retracement. Most was forced selling. Now these companies are fighting back
scaring the shorts. Fundamentally the stocks are great. JOYG was the first now we are
seeing FWLT announce buybacks. I expect announcements throu the energy sector boosting
this sector for now. I see a bottom.

These arent the financials. They wont continue going lower, I am sure if the market
pushed it, it could go lower, but for now I am accumulating slowly down here.

Last edited on: 09-12-2008 09:51 am

you wrote the other day you felt overall bullish on the market so my question to you is it
due the fact expectations now have WM and LEH collapse engraved..or deleveraging of hedge
funds it complete..or gas is down and here to stay...im curious for your line of
thinking...

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