Get ready to buy Citi

I hope you took profits on Citi above $14.50, locking in a 25% gain. I suspect that the current decline will be the final push, the catharsis! (Here is your chance to click on this word and check its meaning!). Unlike the previous trade, we should aim to hold the...

Should I sell Citi?

Some of you must have bought Citi when it was trading below $12. (see my post Let’s join the “Rescue Citi” effort! ) Sure I am looking for this stock to double in the medium term. But if you are like most traders who want to pocket some quick money, then be ready to...

Quick look at Citi again

I’m keeping this brief as wife is waiting at the door. Citi has already moved up by 14% since we bought it below $11.80. Don’t be dismayed if it comes down today. This is supposed to be a medium-term position, right? However, if we get a handsome profit this week, I...

SPY struggles

This is going to be brief, folks. A safe sell level over the next two trading sessions will be at 95.55 with a stop at 96.85. Further out there is some more resistance at 97.11, but at present even a move to 96.55 looks remote. Be patient. Remember we only want...

Double your money- the easy way!

On 16th October I wrote that one could double his/her money by buying Citi  in stages from $11.80 down to $10.40. Today, I came across this funny (old) quip about how to easily double one’s money, and decided to share it with you: “The quickest way to double your...