Beanieville - Latest Comments in Dow wants 11,000 before the bounce? Short GOOG!

Re: Dow wants 11,000 before the bounce? Short GOOG!

TV107 — Wed, 02 Jul 2008 10:22:44 -0000

education stocks!!!!!
apol is insane
unreal that move so much on earning reports

Re: Dow wants 11,000 before the bounce? Short GOOG!

TV107 — Wed, 02 Jul 2008 10:19:31 -0000

pete narjarian is quacking in his boots
coal is getting absolutely destroyed

Re: Dow wants 11,000 before the bounce? Short GOOG!

Rax — Wed, 02 Jul 2008 08:54:41 -0000

Please be careful though on shorting CELG....bullish news that came out yesterday.

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Wed, 02 Jul 2008 00:46:28 -0000

WELL if i see CME at $320 ( extremely doubtful)--I'm backing in the truck---I wanted to buy NDAQ today-- I think I have time to see a flag style bottom-so next couple of days--
CME is approx $7 below the BB13,2 band--and the last 7 times it's been below the band, it's snapped up significantly higher , right away---hmmm, i just noticed that little factoid---

Re: Dow wants 11,000 before the bounce? Short GOOG!

Docqb — Wed, 02 Jul 2008 00:34:09 -0000

we're going lower than that....

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Wed, 02 Jul 2008 00:33:03 -0000

SPX --the 400 day weekly is 1197--= 24% correction from Oct highs---that sounds like it's in the ball park

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Wed, 02 Jul 2008 00:17:37 -0000

CME 422 is the weekly 200 day---short term target price---minimum slow sto rebound is $25---
TV if you have the 380 calls I'd hold out for at least 20.00--
or shift some into into AUG 420 CME at $420 and the AUG 420 is 20.00---with blow out earnings CME might get back to its 200 day = $550

Re: Dow wants 11,000 before the bounce? Short GOOG!

Docqb — Tue, 01 Jul 2008 22:44:48 -0000

Hey Z,

if you quit your blog, I can't watch anymore free sci fi from your basement tv......

Re: Dow wants 11,000 before the bounce? Short GOOG!

Docqb — Tue, 01 Jul 2008 22:35:29 -0000

sp 8 day moving avg crossed over 21 day moving avg....... not good long term....

Re: Dow wants 11,000 before the bounce? Short GOOG!

C. Beanie — Tue, 01 Jul 2008 20:20:02 -0000

Nice analysis on GOOG, consistent with my thoughts
http://www.thestreet.com/st...

460 next target down.

Re: Dow wants 11,000 before the bounce? Short GOOG!

The Contractor — Tue, 01 Jul 2008 19:58:16 -0000

You're a real live tough guy, eh?

Re: Dow wants 11,000 before the bounce? Short GOOG!

vodka_tonic — Tue, 01 Jul 2008 19:46:57 -0000

good luck

Re: Dow wants 11,000 before the bounce? Short GOOG!

vodka_tonic — Tue, 01 Jul 2008 19:42:07 -0000

im betting it will dip to 173.5 at least at some point.

today's run was a freak.

Re: Dow wants 11,000 before the bounce? Short GOOG!

TV107 — Tue, 01 Jul 2008 19:23:01 -0000

bought uaua for my ira this morning
its a triple or a bankrupt stock within a year

unreal how low CC is after hours after BBI withdraws awful
is it going to be zero before the winter holidays?
i guess beanie ur happy with ur BBI stock

Re: Dow wants 11,000 before the bounce? Short GOOG!

TV107 — Tue, 01 Jul 2008 19:06:56 -0000

i did get some sold yesterday
but i took a big hit today

first i forgot cme numbers were today
second i got all confused cause markets was rallying huge at 10am but cme started tanking
third i finally saw PR but i stupidly misread the 10am press release...i thought it said positive 4%

this is a terrible technical breakdown
after hours UBS initiated CME with a neutral and a 430 pt...prob wont move stock either way
the only good thing is ndaq and nyx are even more oversold than cme so maybe theyll start recovering and cme will follow
ice monthly numbers are tomorrow i think

i dont know what to do at this point as to my july calls whether i should cut my losses or pray for a recovery

at this point i'll prob need 390-395 on cme after factoring in time decay to break even
i'd say there is a 12-15% chance stock hits those levels in next 2 weeks and maybe thats optimistic
most likely i'll get out at a target price on xlf or s&p
problem is earnings is july 22, tuesday after expiration so im not worried about the several august calls i have left

Re: Dow wants 11,000 before the bounce? Short GOOG!

yoyo — Tue, 01 Jul 2008 17:52:05 -0000

are you still holding those CME 385 calls? man that was a big drop today.

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Tue, 01 Jul 2008 17:22:30 -0000

I don't know how to short SCHN? or MM--which is SMS now**--MEA, and IDSA -- the other 3 SCHN type companies--I keep missing the dips--I see the dips, but i can't see any buy signals that I'm comfortable with, when they dip

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Tue, 01 Jul 2008 17:10:02 -0000

I might try short USO , after the holiday---if driving demand is down 3% year to year--might get a pullback under $111. But until I see what FXE does on ECB rate hike Thursday, I'm on the sidelines

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Tue, 01 Jul 2008 17:07:46 -0000

I have two numbers now---DOW 10941 bottom, and QQQQ 200 weekly 42 ( qqqq 42 is doubtful), but I like the fact they say keep shorting the bounces---that's hot!!!

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Tue, 01 Jul 2008 16:58:39 -0000

BB13,2 middle band says 174.6--but then, what happens if qqqq is up again on Wednesday?

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Tue, 01 Jul 2008 16:54:57 -0000

WHo thinks gasoline will be $3.50 on election day?--

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Tue, 01 Jul 2008 16:50:17 -0000

There is good news---XOM is moving into IRAQ--permantly--as of yesterday's contract win---Spend a trillion to control 10 trillion,,,,that's not a bad ROI

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Tue, 01 Jul 2008 16:43:54 -0000

GIO---just go to my disqus page---
http://disqus.com/people/zs...
that's what i do, every night---so I can double check my notes--
also i get to see what others are saying by clicking on following---like that DUMB cookie (OA he's really smart and tough --though) --but this is one heck of a mental lapse, IMO) over there
trying to short WFR, WHEN EWH is going to skyrocket overnight---

Re: Dow wants 11,000 before the bounce? Short GOOG!

zstock7 — Tue, 01 Jul 2008 16:39:24 -0000

CELG is a short, overnight--pure and simple---
DECLINING eps over the last 8 month's so I can throw out that 75 high, CELG won't get there, too bad I determined this after market close---Now i'll have to place order ---at opening

Re: Dow wants 11,000 before the bounce? Short GOOG!

Winace — Tue, 01 Jul 2008 16:34:11 -0000

Because I communicate with many of your more popular commenters here.