Joshua Hayes Big Wave Trading

 

TONS Of Bullish Charts

May 29, 2008

I don’t know what people are talking about. There is a LOT OF VERY BULLISH MONEY MAKING STOCKS OUT THERE!!!!! The good times will eventually end but some of you that have been so afraid of the “invisible bear” that you have now missed out on a 525% gain in MA since the August 2006 purchase. Or how about STSI the past three days. Or how about QTWW’s 70% gain in 12 days. Eventually, the market will top. But the market is not topping here. Some people need to realize a .9% rise in GDP is not a recession. LOL.

I know my portfolio doesn’t show a recession. In fact, if the past two months are an indication of the summer, which I hope it is, it is going to be a GOOD 2008–even with a PATHETIC 18 VIX.

I don’t have a lot of “perfect” charts out there. But I have a TON! of “near-perfect” charts. It is possible, once we have a FTD that the perfect charts will show up. But stocks like QTWW, ISYS, and STSI…sure does feel like a bull market. Is it a raging bull market? OF COURSE NOT. There is no volume but all the worries that I keep hearing out there….some people need to watch less TV.

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