I see some buy signals on stocks I trade. Some of them are HOG, PCP, SNDK and F. Taking initial positions on all these tomorrow with put options to hedge them, with the exception of Ford, that I am buying on a Stop market at 10.81. The actual timing to buy is not perfect but then it is the new year and I feel I need to follow my New Years resolution and start acting on my signals. I can always add to at more appropriate shorter term signals; but this gets me swinging.
Also see some signals to buy on IYR, SPG, FXC etc. but those I will wait a little. I am also long on TLT, TIP and have put options trading down on PBR and CAT. Some of these I will probaly regret as my main gate signal is long right now on SPY. I need to bias myself on the long side but the put positions taken were also based on my technical signals and I will not hesitate to exit and take my lickings if they turn against me. I was modestly positive on them last week.
Overall I was flat last year in my trading; just like the S&P 500. Nothing stellar. Our portfolio grew by the money we put in through 401K contributions at my workplace. We are saving signficant amounts and investing with moderate to low risk positions.
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