Naked Swimmers and Dangerous Ideas

No doubt about it,  
the tide is out, and there are a few Naked Swimmers out there!


We are in bear territory, according to the media, maybe we are, but I think we listen way to much to the crap they talk about.

But a great time to look at companies that are weathering the storm, and some that are now exposed as not worthy of being custodian's of our capital.

Realestate.com,  Caresales.com. Altrium, Vita Group, all holding up very well,  the common thread is that Earnings per share are rising, or they are disrupters that are changing the way we do things.

However any business that is threatened by oversupply and a falling earnings per share outlook has been smashed.
Pretty simple stuff, I don't know why we get so upset, most of us should have seen it coming!

So the market is a market, why would it be any different?
So the tide going out is a great time to look for naked swimmers, and unfortunately there are plenty of them.
Independance Group IGO and BHP a couple of examples.

At the moment, if I was a Company CEO , I would prefer to be selling mobile phones, or disruptive software and services, rather than trying to convince an environmentally concerned World to buy more Iron Ore, Coal or Oil.

Dangerous Ideas!

You would have to think that the market, in general, looks very oversold!

Technical Short Term Trade on the GGUS.AX might be worth looking at if your game!

Trade the bollinger bands buy oversold with Geared Equities Hedge Fund and sell to buy Geared Bear Hedge fund on the other side when people like George Soros talk the market down.
Who knows maybe we have further downside with China worries.

Will have a look at it, and setup a technical page.

Hard to get excited about, but would keep me of the streets!

But realistically why would you, if you have good stocks, that pay a dividend and can weather the current storm.

Just have to work out who is swimming naked!