Prediction Retrospective 2010 (Part Deux)

On May 27th 2010, Sigmund said:

I'm sure I have a biased view but my market instincts tells me that this large upward spike today, after filling the May 20th gap, is the C leg of an inverse A-B-C structure that would put the NASDAQ down around 2,100.

Well, the leg was a little broken but its the thought that counts. 2100 was key support this year for the Nasdaq with a close of 2101.36.



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On June 8th 2010, Sigmund said:

Don't look now but CVS has another gap to fill. The last gap back in November 2009 took about five months to fill. Since this gap is significantly smaller, I'll give it two and a half months...or two and a half days...or maybe I can get a better price at 28.

How about one and a half weeks to fill the baby gap before heading south for the summer. Expect some more gap filling CVS predictions this coming year.




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On June 8th 2010, Sigmund said:

Why do I think InfoLogix,Inc.,(Stock Symbol:IFLG) is going back to $10 within six months? OK, make it $8. This stock looks like it might need some cardiac massage but if history repeats, one more good 'beat' is all it will take. Certainly not a wise investment decision but if you've got an on-line gambling account, and you don't blink, getting on the right side of this 'pump and dump' could raise some trading capital...and your blood pressure.


Certainly the best (luckiest) speculative trade for the year. When I'm looking for a quick trade I search for these "deadbeats" with the classic, one or two day jumpstart spikes that fade almost immediately.

I picked up another one of these last week two days before the spike (Stock Symbol:PARD). I didn't post that one so you'll have to take my word for it. That's the main reason you might find me lurking at The Lion sometimes. Plenty of interesting picks, both good and bad can be found there. Keep in mind that some of the great stock pickers at The Lion have a large inventory of open picks...the ones that went the wrong way in a big way. Look for the guy with the hot stock picking hand who has few in the open inventory.




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On August 4th 2010, Sigmund said:


There are countless trading sites that put out a list of stocks that could spike when tropical depressions get serious. I have waited a while longer since, luckily, the weather on the west side of Africa has been quite docile. But, in the name of gamesmanship, here is what I consider to be safe hurricane 'plays' during August and September. I say safe because the list, for the most part, eliminates any low priced lottery ticket type penny stocks. Most of these stocks also have a decent upward trend over the years during this time of year.


If I ever give a list of hurricane stocks again, take the ones with the highest price and volume. Since hurricane season flattens out in November, here's the performance of this forgettable list from August through the end of October.

HRC +16% Currently trading at $40.46
BRS +15% Currently trading at $47.50
HD +10% Currently trading at $35.09
MTRX -10% Currently trading at $12.00
CHCI -26% Currently trading at $1.06

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On August 28th 2010, SigMUD said:


Even with the market moving up yesterday I am glad to see I am in agreement with the CMI. Sure seems like the market is marking it up only to sell it down.




True, but this was posted right before the biggest run-up in 2010 history.

That additional observation in late August turned out to be sort of "subtractional". Luckily the CMI kept a level head and followed the market all the way up.