Some Light Selling Around Core Positions Today ...

FRO
SFL
FTR
WIN

COP - all out

S&P Undergoing Rapid Solid Consolidation @ 1207.34 ... 1238 May Be Achieved Sooner Than Expected & A New Range May Come Early This Year :) .. or Not~

1146~(1156.22 1166.44)~1176.67~(1186.89 1197.11)~1207.34~(1217.56 1227.78)~1238

Not Much S&P Inflection-Inspection Time ... Furiously Fast Return to 2nd Degree of 1207.34 ... Surprise !!!

1146~(1156.22 1166.44)~1176.67~(1186.89 1197.11)~1207.34~(1217.56 1227.78)~1238

Deflection Off 2nd Degree Inflection Allows Time for Inflection Inspection Down 2 Sections @ 1186.89 - Consolidation Should Ensue if Recovery is True

1146~(1156.22 1166.44)~1176.67~(1186.89 1197.11)~1207.34~(1217.56 1227.78)~1238

S & P Bouncing to Second Degree Inflection (1207.34) ...

1146~(1156.22 1166.44)~1176.67~(1186.89 1197.11)~1207.34~(1217.56 1227.78)~1238

S & P Still Balancing on Third Degree Inflection (1197.11) ...

1146 ~(1156.22 1166.44)~ 1176.67 ~(1186.89 1197.11)~1207.34 ~(1217.56 1227.78)~ 1238

Intersecting Sets ...

S & P Teetering on third Degree Inflection (1197.11) .. Hooray ... Citigroup Locked and Loaded ...

1146 ~(1156.22 1166.44)~ 1176.67 ~(1186.89 1197.11)~1207.34 ~(1217.56 1227.78)~ 1238

Current Universe ... not to be expanded ...
AAPL - Heavy Weight
ORCL - Heavy Weight
BAC - Heavy Weight
BPT - Middle Weight
C - Heavy Weight
COP - Light Weight
FRO - Middle Weight
FTR - Light Weight
GE - Middle Weight
GS - Middle Weight
SFL - Middle Weight
VZ - Middle Weight
WIN - Light Weight

MON - Feather Weight ... Temporarily Out
MOS - Feather Weight ... Temporarily out
MSFT - Feather Weight ... Temporarily out
POT - Light Weight ... Temporarily out
RDSA - Light Weight ... Temporarily out
BP - Light Weight ... Temporarily out
T - Light Weight ... Temporarily out

Current expansion exceptions may include:
XOM - Light Weight
CVX - Light Weight

Pick Two ...

Four Circles

Look closely, can’t you see four perfectly round circles? Or maybe you’ll want to stand way back to see them. Don’t scroll up and down; that might make you queasy!

Charles Munger, USC Business School, 1994

A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business


Sanjay Bakshi Articles


Fundoo Professor