AceTrader

This site was designed to communicate with friends who share similar interest. The interest in the "free market". Stocks, over the long term, provide the best return on your money. More than cash, bonds and even real estate. Understand that investing is a learning process. We will learn from our mistakes and move on. This is a journey. Enjoy the ride!

Name:
Location: Bayside, New York, United States

My love for the market began in 1987 when I first opened a brokerage account with Fidelity Investments. You know what happened back in 87'. "Black Monday", the market crashed. My initial $ went down fast. Thus began my thirst for the challenge to make it in the market. Although I have science background, my Bachelors degree is in Economics from Washington University (great school). I also have earned an MBA in Finance from Fordham University, New York. Although I am registered as an "investment advisor" with the NASD, any information in this blogger is not intended for any business use.

Sunday, October 08, 2006

Expand your lungs: RICK

Did you have a good weekend?
As usual, I enjoyed a beautiful weekend myself. I went hiking in the mountain yesterday (cancer cells hate fresh oxygen you know) and also visited my brother at his work site. May I suggest you try to control your breathing at least once a day (takes about 5 minutes). What you are trying to accomplish here is to teach your lungs to take in deep breaths (thus more oxygen intake). Did you know that if you deprive cells in your body of oxygen, those cells are much more prone to turn cancerous? People who do not regularly excercise, utilize only 50% of your lung capacity. Just think of your lungs as a giant filter for your body (by the way, the liver is filter for your blood). Learn to slowly breath in deeply (as deep as you can) and let it out in a similar tempo. Repeat this for a few minutes and your body will appreciate what you just did.

In addition to taking in more oxygen, you are letting out bad (harmful) chemicals out of your system. Just know that your body produces many types of bad chemicals while digesting, fighting germs and reparing your body. The only way of letting these out is by breathing out those harmful gases. Just breath in deeply once in a while: expand your lung capacity.

The market seems to be overbought.
I am obviously bullish on the market in general but I also think that it will have to rest before resuming its uptrend. This week, many investors will try to take profits. Techs and financials look poised to go down a bit. However, let's not get confused. WE ARE OFFICIALLY IN A BULL MARKET NOW. Stocks will move much higher in the coming months. We need to be fully invested. Traders will take profits or go short.

RICK: After good news, RICK always go down a bit before going back up. This happends because shareholders base is not deep enough. Nothing to worry about. In fact, if you are a buyer, you need to welcome these events. As I have said before, I expect September quarter to be a record quarter. Get in before this moves away from ya for good.

IDWD: There better be some sort of news this week (I mean good news). It is testing my patience. You know, I am generally a very patient guy. Let's see.

AUTO: Guess what, this looks to be moving up a bit.

I will be receiving my chemo therapy tomorrow.
Good luck with your buying this week. I have more buying orders for BTYH (I will stop at 40,000 shares). Teach your lungs to take deep breaths. Chow.

4 Comments:

Anonymous Anonymous said...

I read your blogs and your excellent advice and philosophy of life.
I am a bit confused when you say we are in bull market but if traders are shorting or taking profit that should make market go down ( not up).
Gus (gmm) stockton. ca

1:33 AM  
Blogger Jaewoo said...

Gus:

Oh, I love California. Is gmm your full initial? Anyway, thanks for your warm comments. Regarding the answer, please read my next blog. Your question was probably other people's question anyway. What do you do in CA? How's your portfolio now? Are you a newbi or a semi-pro? I am just a curious cat. Have a nice day...

4:36 AM  
Anonymous Anonymous said...

I am a physician in Stockton. ( Infectious disease specialist)
Stock market is my hobby. I think I will call my self a semi pro.
My portfolio is now worth 1.8 mil.
I have most of the stocks suggested by you and DR.GE and siyu.
Last few months I have been following your short trades.
Buying and selling qid, nem, gdx etc.and made money every time.
Now that you want to short qqqq I will buy qid for quick trade.
I also follow chart patterns on these stocks.
Per your blog I bought 3000 Matk at 21.25 and hope to sell them around 30.
I wish you good luck and speedy recovery.
Gus

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