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Mood Swings

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7:25 am
December 16, 2009


asafp

Member

posts 281

I've noticed that many of the stocks I watch frequently have up and down days of 3%, 5%, and more. These stocks are mostly in oil/gas, precious metals, and tech. For Example, ACXM was up around 8% yesterday on no news. I decided to take profits on that one although I still like it and may get back in.

I'm not sure if this kind of phenomena is adequately represented in market statistics such as VIX. Has anyone else noticed this or is it just me?

My point is that this might be a sign that the market is getting frothy and riskier than usual.

8:52 am
December 16, 2009


natnm

Member

posts 12

First, we play defense these days. Secondly, this is a triple witching week. Just my 2 cents….

11:59 am
December 16, 2009


asafp

Member

posts 281

Add YTEC to the mood swing list. Up 5% today. This one might be a "two bagger". But in the words of one of my favorite philosphers, Darrell, "What do I know? I'm a dumbass."


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