Been waiting a while for this one to finally run. Nearly every Tom, Dick, and Harry stock has been caught up in speculation - heck even China solar stocks are now back 'en vogue' so it is about time. Heck DryShips (DRYS) might even begin to run - it's fall 2007 again!
Now the tough part - how far to let this run with a market on a heroin high, drunk on dreams of QE and weaving all over the highway at 120 mph. It is so difficult to pile into stocks here, even the ones breaking out as the S&P 500 is up 120 straight points in 5 weeks!
Still hoping for a move to S&P 1170 (let's do 130 S&P points!), hopefully on 'better than expected' weekly jobless claims tomorrow. I'd probably sell a good batch of Polypore (PPO) once we get there - if we do of course.
[Aug 5, 2010: Polypore International with Impressive Beat on Q2 Earnings]
[July 1, 2010: Beginning Polypore International]
Long Polypore International in fund; no personal position
Wednesday, October 6, 2010
Polypore International (PPO) Breaks Out
Posted by
Mark
at
11:38 AM
Polypore International (PPO) Breaks Out
2010-10-06T11:38:00-04:00
Mark
Polypore International|
| Edit This Post |
Create A New Post
Labels: Polypore International
Polypore International (PPO) Breaks Out
2010-10-06T11:38:00-04:00
Mark
Polypore International|
Subscribe
Archives By Date
Best Of FMMF
- Blogroll
- 1: Warren Buffet Piles on Europe
- 2: [Video] Jim Chanos Returns from Europe, Even More Bearish on China
- 3: A Chart to Open Our Eyes - Staggering Changes by Multinationals in Employment Behavior 00s vs 90s
- 4: Futures Blasted on Dexia Woes... and Poor Preliminary China Data
- 5: Market Working to Worst Thanksgiving Since 1932
- 6: Et Tu, German Bonds? Poor Auction Raises Eyebrows