Posted by: sidster June 22, 2011
Solar Stocks future
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obama,

Not sure if you are asking me or not but i look at stocks with great fundamentals and look for the stock cycles.....i spent about 2 - 3 hrs a day looking fro stock movements....resistances and supports...I have about 30 stocks in my radar and i look at how they move and try to pick the bottom.

I picked RDN at 3.50, LLNW at 4.45. amr at 5.50...in last 30 days


Last fall i was able to pick up QCOM around 36.00 and sold it at 57.00...Media could be a big indicator on when to buy it and when to sell it. When the media comes on and tells you that a stock is worthless when its at its 52 week low.....i buy some. Because it looks like the hedgies come in the media to and talk crap just when they need to cover their short positions. Same thing with the selling....when the stock is at its 52 weeks high and the media goes crazy over how great the stock is....its time to sell. It does not work all the time...but i have experienced that it works 70% of the time.

I also take a look at the Micro (stock level) and the macro (world economy) level impacts on the portfolio. Sometimes the stock may hit a 52 week low when the market is at its high...that is a bad sigh...wait until the market comes down to pick up that stock. Do not trust the shows like Cramer and Fast Money...most likely they are trying to get public to do what they say while they do just the opposite of what they say.


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