Tag Archives: cris

Sell CRIS. EEB not looking good. Stay tuned. Stormy weather today.

Posted on Jan 22, 2010 by WHC Bassetti.

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100122crisWe will be taking some handsome profits in CRIS today.  Some of our students have called this kind of gap “the gap of death”.  And while today’s candlestick might hint at a one day reversal that’s not the way to bet on these extreme gaps.

100122eebIt is difficult to imagine a long downtrend in EEB, but it is not difficult to imagine being out of it on this chart pattern.

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Buying Citibank, also weird spec stock

Posted on Aug 28, 2009 by WHC Bassetti.

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090828c

As we threatened we bought some C, especially after reviewing the August volume.  This is power buying.  As we’ve said before we actually don’t like any of the banks, but what are you gonna do?  It’s like the only game in town.

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