Beanieville - Latest Comments in A Brutal Week For the Bulls

Re: A Brutal Week For the Bulls

johnny appleseed — Sat, 19 Jan 2008 19:04:05 -0000

Last week the bears over did it and signaled exhaustion. Just look at the weekly chart and you can see the potential significance of a 2300 bottom. Fundamentals stink and that H/S pattern looks ugly, however the chart says the bulls are gonna give it a go never the less. Risk/reward suggests the bears need to think about moving aside for now.......

Re: A Brutal Week For the Bulls

zstock7 — Sat, 19 Jan 2008 17:02:03 -0000

I'll just stick with Energy and PBW---
If WFR and SPWR EC--miss--this week---
F8--
PBW versus SLX and MOO---
It's going to be nerve racking---
all three Index funds have components reporting this week
zee

Re: A Brutal Week For the Bulls

zstock7 — Sat, 19 Jan 2008 16:54:53 -0000

oh wow..!!--that's not good--
zee
Troy--
If you heard of San Luis Obispo--?--
I have friends there with many many friends in the same kind of boat---
Now I see why they are so upset---
That town on the last city elections voted in ALL Realtor's---
I think this next election---all those people will be replaced---
Gawd--they might even be replaced by Democrats--
zee

Re: A Brutal Week For the Bulls

zstock7 — Sat, 19 Jan 2008 16:49:53 -0000

I found some more reasons for the DOW to bounce on Tuesday---
just click on My avatar---
But I'm with beannie and F8---
I'm not going to say how long the bounce will last---
zee

Re: A Brutal Week For the Bulls

Seesaw103 — Sat, 19 Jan 2008 15:13:45 -0000

Thanks Beanie

Re: A Brutal Week For the Bulls

beanieville — Sat, 19 Jan 2008 14:41:29 -0000

geez louise, i've asked bloggingstocks if i can post an article over there and i got no reply.. lol

Re: A Brutal Week For the Bulls

beanieville — Sat, 19 Jan 2008 14:38:02 -0000

Unfortunately, i don't think it's that simple this time around. I have a feeling that no matter what AAPL says, it will get slammed.

I've been looking at the charts today, and even though we are due for a short term bounce, only 1 handful of stocks made new highs and hundreds of stocks made new 52week lows. This has been happening the entire week. This concerns me. I think shorting stocks into earnings in this environment yields better profits.

Re: A Brutal Week For the Bulls

Seesaw103 — Sat, 19 Jan 2008 14:15:08 -0000

I meant Tuesday, LOL

Re: A Brutal Week For the Bulls

Seesaw103 — Sat, 19 Jan 2008 14:14:36 -0000

Beanie, what about daytrading AAPL on monday..buy at open and sell AH after it reports? Almost all analysts predict a beat and conservative estimates. Would that be foolish?

Re: A Brutal Week For the Bulls

troyhouse — Sat, 19 Jan 2008 14:09:27 -0000

DOW 14,000 to 13,000 Took 3 Months, and from 13,000 to 12,000 took just 3 weeks....

Re: A Brutal Week For the Bulls

contrarian — Sat, 19 Jan 2008 12:20:11 -0000

That's so weird. I was actually going to mention him in my above comments -- holding onto a stock until it cost him 35% of his holdings -- waiting for its bottom. Better to be alert than "right."

Re: A Brutal Week For the Bulls

contrarian — Sat, 19 Jan 2008 11:12:27 -0000

F8,
I think your point about not trying to call bottoms is a good one. It forces a higher level of alertness/analysis. I'm glad you keep bringing it up.

"Jack be nimble,
Jack be Quick.
Jack just watch the candlesticks!"
(My new life motto. LOL)

Re: A Brutal Week For the Bulls

troyhouse — Sat, 19 Jan 2008 10:13:28 -0000

for sure, there is no other option...

Re: A Brutal Week For the Bulls

cityslicker — Sat, 19 Jan 2008 05:56:15 -0000

He or she is living way beyond their means, that is the problem!

Re: A Brutal Week For the Bulls

zstock7 — Sat, 19 Jan 2008 03:21:00 -0000

is this a bankruptcy case?
zee

Re: A Brutal Week For the Bulls

zstock7 — Sat, 19 Jan 2008 03:04:21 -0000

I guess the internet bloggers are getting smarter---
Used to be I or Gosu were the only ones that saw the bottom—
This time around GIO and Tim K—see the bottom too---
Zee
and beannie is warning ( don't short)---
F8--thinks 11,900 or worse---
elmyko --sounds like you think 11,200
so we'll see---what happens---

Re: A Brutal Week For the Bulls

C. Beanie — Sat, 19 Jan 2008 01:18:38 -0000

I wouldn't do much because we're oversold short term. That may or may not happen. The fact the cramer mentioned it probably means we hit a short term bottom.

Re: A Brutal Week For the Bulls

troyhouse — Sat, 19 Jan 2008 01:14:34 -0000

This is from the real estate forum I frequently visit, this is just scary.....

Here is a scenario that is unreal but true. It's happening to a customer of mine.

The house you purchased 3 years ago for $525,000 @ 3.6% is now worth $300,000. But attempting to sell has only brought a high offer of 225K.
You still owe 500K.
Your original loan at 3.6 has now reset to 7.99% and your payment has tripled. On top of that, you are late paying one month and the late charge is 5% of the payment plus a late charge.

Now to the cars.
2 years ago you went and bought 2 brand new mid size ford cars at 17,000.00 each and financed them together at 0%. But the loan has a stipulation of universal credit default. So your missed mortgage payment has made your loan increase to 8% and the finance company sends you a new payment book reflecting the new loan terms. The payment has doubled.

Now to the credit cards.
16 credit cards, high limits but almost no balances. Total available open credit is in excess of 250K. 1 chase card has a limit of 35K.
But because of the missed mortgage payment the rates on most of your cards start to go from 12% to 17.9, some even go to 20%. And the credit limits are starting to drop.

and finally your income.
You are a department manager at kroegers. You make 27k a year. you husband or SO works in a factory and has a salary of 45K a year.

And the kids. You have a 16 year old daughter and a 8 year old son. Expenses galore.

Re: A Brutal Week For the Bulls

elmyko — Sat, 19 Jan 2008 01:13:10 -0000

Also beanie if a 2000 point drop is possible what would you do to profit from that buy an ultrashort

Re: A Brutal Week For the Bulls

elmyko — Sat, 19 Jan 2008 01:06:17 -0000

what i found for earnings
WFR Jan 24 after market close .96
SPWR Jan 24 time not supplied .36
ESLR Jan 30 after market close -.04
CSIQ Mar 5 before market opens .18
HOKU Jan 22 after market close -.10
BTUI Feb 26 at 4:30 .09
all i could find for now probably other companies have not announced yet
these will probably gauge a little what will happen with solar if they beat earning's then solar will run

Re: A Brutal Week For the Bulls

Docqb — Sat, 19 Jan 2008 00:42:44 -0000

LOL those guys still don't know what they're doing, I can't believe they're still around...

Re: A Brutal Week For the Bulls

troyhouse — Sat, 19 Jan 2008 00:37:47 -0000

A solar-powered drumroll, please
Alternative energy firm First Solar (Nasdaq: FSLR) is bringing home the gold (or coal, depending on how you look at it) as the Fool's worst stock for 2008.

Re: A Brutal Week For the Bulls

Docqb — Sat, 19 Jan 2008 00:37:39 -0000

wish we could, he is clearly not qualified

Re: A Brutal Week For the Bulls

troyhouse — Sat, 19 Jan 2008 00:31:43 -0000

Interesting question:

Why can't they fire Bernanke as easily as football coaches?

Re: A Brutal Week For the Bulls

troyhouse — Sat, 19 Jan 2008 00:23:42 -0000

Great article, must read:

Bond-insurer woes may trigger more write-downs
Doubts on AAA ratings for Ambac, MBIA spark turmoil in muni bond market

http://www.marketwatch.com/...