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BEN IS HIKING THE RATE BY 1/8 POINT TOMORROW
cramer video
i said this to myself this weekend but i'm glad someone posted this
What about SKF - a double top in the making?
In before close on NYX 60JUL Calls - stock has clearly found a bottom.
Rax mark this post..lets see who wins
zstock
FRI --looks predictable, cause personal spending estimate is up 0.7%, which is huge, in this kind of market, imo..
aint no way market going down
But the $VIX isn't showing the fear. http://stockcharts.com/charts/gallery.html?%24vix
Ok, this weekend i've looked at lots of charts, i've made plans how i'm gonna bail if we don't get the rally this week that i kinda expect, i read lots of the news out there, i read what some of the supposed gurus out there think, i've decided on stocks i'm gonna short.... now the only thing for me to do is to wake up early and pay attention to the tape with a laser focus tomorrow.
I wish everyone the best (and god forbid you're margined to the max) , and i'll see ya tomorrow.
LOL @ laser_focus
marketclub
ino
and now
tradingtriangle
Case in point: Lots of investors were really pumped up by MVIS's pico projector for a few years now, thinking that MVIS will become big one day. Well, now things are getting a whole lot tougher for MVIS when Texas Instrument decided to beat them up.
http://seekingalpha.com/article/82223-microvisi...
MVIS has no money or influence. TXN will probably eat their breakfast, lunch and dinner.
I been saying that from day one when I first started MY blog, back in 2006-
http://www.247wallst.com/2008/06/evergreen-sol-...
now 33-34
unreal
That's why i grabbed about a 1000 shares of ETFC relatively recently, and see what it does in a few years.
Did the same with BBI as well.
BBI is still good for those who only rents occasionally, like me.
MON of all ags is most overpriced, but most important cause of its weighting in the XLB
if today aint a tradable bottom, i dont know what is
Don't see the supposed meltdown as the end of the world. It's just the beginning of the mega bull market in alternative energy (and fertilizers? and technology and even financials to a lesser extent). If you have cash on the side, you would wish the market crashes. I do.
Stay out of margin until the coast is clear.
I think the fed can still change the entire mood of the market tomorrow but it will require surprising everybody with great news.
Either way, i'll be prepared. Are you?
Have a great day and i'll see ya later...
SlopeofHope has lots of people who like to make conversation, and i'm usually there to disrupt. lol
Wednesday is a very important day , due to fed (midday) and RIMM and MON annoucements (after the bell)
I can't say i agree with him at this point, so i'm hedged.
major short term reversal day in beaten up sectors
will continue hard until fed minutes tomorrow
i'm dumping everything if we get 133.8-134 on spy tomorrow as long
which could happen on those crazy spikes after fed minutes
but we must close above 132
god damn ag and commodiy stocks dragging down the financials today
sold drys out around 82ish
took a small loss on my positions and options
would have broken even if i waited til 83.50 later that day
its prob safe to get back into them ...they will run hard into earnings but we are many weeks away
but right now all my buying power is elsewhere
best option
buy 100 shrs drys stock and 1 drys sep 75 call
sell 2 drys sep 95 calls against ur positions
(multiple this by whatever u can)
or SPY and qqqq?
Lately, i'm not sure why he goes around telling everyone he makes the calls before me, even though i don't subscribe to his newsletter. ?
So watch the tape very carefully.
I am looking for that tripple bottom, if there is one.
That number is merely the first 30 minutes low.
so many people are gonna be rich.
What really worries me is the RBS call for market meltdown. The timing was perfect. And you know that oftentimes PERCEPTION IS MORE IMPORTANT THAN REALITY.
MGM buy the JULY 35 call =
VNO vertical 50 day, it's going up tomorrow + GOOG had the same vertical 50 day, FRI, and it's up $5 today
Disclosure: i'm short at 76
http://online.wsj.com/mdc/public/page/2_3022-mf...
AA---bounced off it’s 200 day, which helps to support my ATI-at the bottom---ATI---bottom fishing dream list---KALU and RTI—are the companions of ATI, sort of
He says we're gonna be ok. Buy American stocks. I says to him he better not be wrong when everybody is calling for a crash, or i'm gonna fire his arse quicker than the Roadrunner.
I says i'd rather prefer a crash....He says whatever.
lol
Lot's of people lost their asses last week betting against crude.
What do you mean the only validation he used was a picture of a parking lot?
I shorted the stock versus buying puts options.
It's all documented.
we slice through 11750 towards 11000 very quickly, we bounce for a few weeks/months and then we slice thru 11000 to 10,000 in sept/oct.
That is a possibility. If we breakdown soon, the drop will be vertical. Vertical drops always result in a capitulation and big bounce.
I think at worst in the short term, that will probably be how it would play out.
Note: i personally do not use the trade triangles to trade, but i'd eventually look at it for double checking my analysis.
I did not for sure, I hate pumping, ads.... no one can get me to sign, unless I am convinced...!!
Due to the high volume of requests, MarketClub will be EXTENDING the trial offer until June 24th 11:59pm eastern standard time.
I've been authorized to extend the offer to everybody.
http://www.ino.com/info/74/CD894/&dp=0&l=0
This trial only happens ONCE A YEAR, they claim.
people who are happy with their profits will take it, but i think swingtraders can make some more on the SOHU short.
This kind of stuff is somewhat subjective. In the long run, i think letting your stock work instead of taking quick profits all the time is the better way to trade.
Can you believe couple kids are running Disqus? lol
we are again in bear market..see the sideways trading..
even though i shorted at 76 for a swingtrade, i'm still setting a stoploss at above today's hod. Swingtrade or not, i still follow the rules of exit.
swing trade
Don't buy.
- Citigroup notes Friday's sell-off was sparked by a Reuters article confirming what almost everyone already knew: Sohu will face challenging YoY comps on its brand adv side due to a post-Olympics "hangover" effect. However, the firm believes online gaming will continue to power rev and earnings growth in 2009. They were modeling +18% YoY for 2009 adv revs, so the company's expectations of "+20-30% YoY" is actually stronger than their estimates. Finally, they note that online gaming is highly immune from growing inflationary pressures in China, another positive. Accordingly, the firm raises their 2009E estimate, increases tgt to $90 (from $80), and reiterates Buy rating.
2Q tracking ahead of plan; 3Q looks excellent - Citi believes both Adv & Gaming are having a strong quarter, and should come in above company guidance. 3Q is also set to be very strong, especially with Olympics adv, which should benefit from Sohu recently being granted the rights to show live streaming video of all events. Sohu is easily one of the, if not the, fundamentally best positioned names for at least the next 2 quarters.
- Merrill Lynch reits Buy & $95 tgt on SOHU after a massive sell-off on Friday triggered by a report by Reuters on growth of Sohu’s online ad, 40% of revenues in 1Q08, to slow down to 20-30% YoY in 09. Even given a significant US market correction on Friday, they see overreaction to the article. Firm also sees Sina as another victim.
MLCO believes the company has been communicating the same message (slowdown in ad growth in 09) for a few months. They also believe the range is inline, if notbetter, than most analysts’ estimates. For example, they are looking at 22% growth in online ad only and Bloomberg consensus shows a 23% growth in sales (including games and wireless services).
Firm believes the focus should be on Sohu’s potential margin expansion in 2009, despite lower topline growth. They expect Sohu to obtain a high-tech status and thus a 15% tax rate for 2009. They are also modeling material operating leverage as they expect the reduction in Olympic-related spending next year, est. to be US$15-20m, to be able to offset most of the increase in operating expenses to support organic growth. They therefore expect net margins to improve to 35% in 09.
Notablecalls: I was quite surprised to see SOHU down over 10 pts on Friday following the Reuters story. With two tier-1 firms out defending and one of them actually raising their ests for Q2, the stock is a very strong bounce candidate. There are clearly a lot of shorts in the name from Friday and I smell blood.
Buy it early & aggressively. I see it trading up several points today.
That's my take anyways.
I am putting out a challenge to see if you can beat my record.
Not saying that I am good but rather I was lucky. I rather be lucky than good.
If you do beat it, then show me a screen shot and not the BS.
Here is where you can test your trading skills.
http://www.inspectd.com/
Here is my result.
http://bp3.blogger.com/_JyuPoopKYJk/SF6nzMpXfhI...
Because it is not real money?
SOHU may bounce......
Arun what are you looking at?
We should all keep spreadsheets and watch to see how successful the trade recommendations are.... see how the track record pans out...
It's too soon to just take profits and call it quits.
Oh yeah, ya got your sale at 27...and then at 50......
Stocks which are going up keeps going up ..(ENER, IPI, FSYS, GMXR, POT etc..) and the stocks going down keeps going down (NYX, UA, DKS, STP etc..) what's the deal here? Is it just the sectors..? Shouldn't market corrections take everything with it? Very hard to play the overbought/oversold conditions these dyas. I hope other traders here feel the same way..
http://venturebeat.com/2008/06/23/the-race-is-o...
If you are short USO, then don't panic until it closes above $113.
it's a fake upgrade so they could short. imo
Your blog has too many security holes. I can break it one by one. lol