Market opens in 30 minutes, WHO'S IN?

buztah · 12-04-09, 11:32 AM

GL, no. I remain short the fins via FAZ. The fins charts have been heading down for some time now.

RW, you gotta love the margin reqts. LOL!

Shafted69 · 12-07-09, 12:12 PM

Go NVDA ! Long & Strong ! FAZ FAZ FAZ for Buztah !

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Jaug · 12-07-09, 12:27 PM

Overall perception is that there will be a double dip. It's not that easy, the market works in strange ways.

Would not invest in BEAR "stocks" right now or go short. Look around at companies qtr-reports and you will see that things are looking bright at alot of places.

buztah · 12-07-09, 02:42 PM

Hey hey, Shaftaaaaaay!

FAZ making a nice move here. Bernanke's remarks seem to have pressured an already tumbling GS and FAS chart. Could it finally be time for FAZ 22? We got bullish divergence on the stochastic! Stay tuned...........

Shafted69 · 12-07-09, 03:44 PM

Go JASO Go !!! $$$

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capitalist pig · 12-08-09, 01:16 PM

Bought 10k shares of PKD today at an average of $4.58, took forever to get it all filled, this is a very low volume stock.Target sell price is $5.08 at this point, no stops set on this one at this point. Good luck to all.

later

MJT1212 · 12-08-09, 01:40 PM

Cree

buztah · 12-08-09, 10:10 PM

Bollinger Bands very tight on FAZ now and the candle today is pushing an upside breakout, with a powering up rsi and bullish slow stochastic. Looking for 22 this week and I will lock in a huge profit (if it happens -- LOL!). Shafty, been very patient with this trade and she is a monster! Nice job on NVDA.

buztah · 12-09-09, 01:48 PM

Well the extension of the fed bailout speaks volumes as to the true "health" (or lack thereof) of this supposed green shoot recovery. Dubai in shambles, Greece phucked and England on the ropes. 2010 is going to be a brutal year for stocks.

Still in FAZ here. In profit but being a greedy bastard I see and want more.

capitalist pig · 12-14-09, 07:17 PM

Originally posted by capitalist pig

Bought 10k shares of PKD today at an average of $4.58, took forever to get it all filled, this is a very low volume stock.Target sell price is $5.08 at this point, no stops set on this one at this point. Good luck to all.

later

I believe I will see my $5.08 target before Friday the 18th. The Dec 19th call options will be in the money if it can close at $5 or better before the options expire . The Dec 19th put options are already in the money, so there is no reason for the market makers to take it anyway but up to the call strike price, JMO.

later

buztah · 12-15-09, 01:14 PM

Took FAZ profits at 20.40s and in CYCC in high one-teens on pullback from 6-month triangle breakout.

morocca · 12-16-09, 09:59 AM

Originally posted by Shafted69

Go NVDA ! Long & Strong ! FAZ FAZ FAZ for Buztah !

great pick on NVDA, i bought 3K shares at 15.20 a few days ago. wish I'd jumped on JASO when you posted that day. it's up almost 33% since then. i missed out.

Shafted69 · 12-17-09, 09:42 AM

Originally posted by morocca

great pick on NVDA, i bought 3K shares at 15.20 a few days ago. wish I'd jumped on JASO when you posted that day. it's up almost 33% since then. i missed out.

NVDA will hit 50 in 2 to 3 years or you can just day trade it. JASO will hit 20 in 1 to 2 years.

=

titleist1604 · 12-17-09, 09:45 AM

the increase on nvda might be related to the intel lawsuit

morocca · 12-17-09, 10:37 AM

Originally posted by Shafted69

NVDA will hit 50 in 2 to 3 years or you can just day trade it. JASO will hit 20 in 1 to 2 years.

=

sold 1.5K shares of NVDA at 17.20, but staying long on the other 1.5K shares. i'm going to day trade NVDA with the proceeeds. JASO looks enticiing on weakness.

buztah · 12-17-09, 10:43 AM

Originally posted by buztah

Took FAZ profits at 20.40s and in CYCC in high one-teens on pullback from 6-month triangle breakout.

Accumulated a few more CYCC shares in the 1.08-1.10 area.

Shafty, nice trading, baby! Helluva job!

buztah · 12-17-09, 11:43 AM

Jumped on some SNSS low 1.60s. It ran, pulled back and I think is ready to drive higher.

web_connect · 12-18-09, 01:22 PM

snss

Buztah, I like your pick. It is posed to shoot again. Hang in there on this pull back though.

capitalist pig · 12-18-09, 03:51 PM

Originally posted by capitalist pig

Bought 10k shares of PKD today at an average of $4.58, took forever to get it all filled, this is a very low volume stock.Target sell price is $5.08 at this point, no stops set on this one at this point. Good luck to all.

later

Out at $5.00 a share, less than 10 minutes left in the trading day, no point blowing a $4200 profit hanging on for another $800 which may or may not happen.

later

buztah · 12-18-09, 03:58 PM

Killed CYCC at 1.09s and doubled SNSS at high 1.40s. Loving the chart for a move to 2 perhaps.

Web, check the 2 year with weekly candles. Looks good. If you are in, GLTY as well.

CP, nice trading.

Shafted69 · 01-06-10, 10:21 AM

JASO, NVDA, AMAT, ETFC stocks to watch in 2010. Long & Strong !!!!

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aceking · 01-09-10, 10:13 AM

LVS up 20% this week ...

jayc88 · 01-09-10, 10:17 AM

any recommandations for good online brokers?

Shafted69 · 01-13-10, 04:01 PM

Great Call on CUR ........... Buztah!

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Boner_18 · 01-13-10, 04:28 PM

Originally posted by jayc88

any recommandations for good online brokers?

Just get the cheapest one. I have Scottrade and the anylitics are nice if you trade on technicals. If you wanna be really cheap there are some $4 guys out there with no minimum balance. And Scottrade is kinda expensive if you are gonna dabble in options at all.

Just go to yahoo finance and look at all the banners.

RageWizard · 01-13-10, 06:20 PM

Originally posted by jayc88

any recommandations for good online brokers?

Yeah, join Phil's Gang at Philsgang.com, and go with golden beneficial. You will get $5.25 trades with a level 2. Don't be fooled by the sites that offer real cheap trades for 3 or 4 buck. What they do is sell the order and you get screwed out of the price for the fill. Philsgang will cost you $39.95 a month, so figure it out as to how many trades you need to make before you get a better deal than Scottrade.

aceking · 01-14-10, 10:34 AM

MGM going to $13 soon.

RageWizard · 01-16-10, 07:44 AM

I am now convinced that we will have a substancial pullback within 2 months. I will be shorting a very powerful stock called DAN. If you go along, you will have to give it time, because it is a great momentum stock with the 25 day above the 50 day which is above the 200 day average. The thing about momentum stocks is that when the market turns as it is right now, the momentum stocks hang on and go down slowly at first, then everybody heads for the door at once. So at the 11.50 area, I will start to make my position. Then I will whatch IWM for an indicator of small to mid cap stocks, that will tell me when people are hitting the door.

I also like AUY here for a all year long play. If you remember, I told everyone to buy this in November of '08 when the world was falling apart at around $3.50. It eventually topped out at $15 before it pulled back. Now the stochastics are lining up for another run for this year, don't miss out.

So to recap, short DAN in the short run, and buy AUY for the long run, and always keep a stop loss incase things don't go your way.

Dark Horse · 01-16-10, 09:29 AM

I had circled the first week of February as high risk.

I picked up some FSLR yesterday in the low 120's. May add more if price continues to drop. Good price for that stock.

aceking · 01-16-10, 10:51 AM

banks are going up next week .

bradthebloke · 01-16-10, 10:51 AM

so rage are u gonna pull out or let it ride?

remmy358 · 01-16-10, 11:29 AM

Originally posted by buztah

Accumulating FAZ in low 19s today. Within next few weeks it should touch 23 imo.

hahahhahahahhaha good job i hope u dumped it though

RageWizard · 01-17-10, 12:46 PM

Originally posted by bradthebloke

so rage are u gonna pull out or let it ride?

I have already positioned myself with cash on the sidelines. I am planning on shorting more stocks than I plan on buying in the near future.

Stocks I am buying for the very near future are: AUY ( actually a all year play), TSO( stock is on support, and the winter is cold enough to move all of the refiners for the short term.)

Stocks I am shorting for the new future are: DAN( great momentum stock that needs time to short but I when it goes, the bottom will fall out of it.), SPY( a play on the impending downturn for the year), a lot of tech stocks, these stocks have been leaders for 2009, now it is time to pullback.

As you can see, I really don't play the penny stocks that much because those are always risky. As a matter of fact, I rarely play a stock that is less than $5.00, because those stocks just don't have the volume usually to get me to feel confident about them.

aceking · 01-20-10, 10:31 AM

banks are not going up , losses at BAC and C .

crownontheground · 01-20-10, 02:41 PM

Originally posted by RageWizard

I have already positioned myself with cash on the sidelines. I am planning on shorting more stocks than I plan on buying in the near future. Stocks I am buying for the very near future are: AUY ( actually a all year play), TSO( stock is on support, and the winter is cold enough to move all of the refiners for the short term.) Stocks I am shorting for the new future are: DAN( great momentum stock that needs time to short but I when it goes, the bottom will fall out of it.), SPY( a play on the impending downturn for the year), a lot of tech stocks, these stocks have been leaders for 2009, now it is time to pullback. As you can see, I really don't play the penny stocks that much because those are always risky. As a matter of fact, I rarely play a stock that is less than $5.00, because those stocks just don't have the volume usually to get me to feel confident about them.

I'd go long DAN.

Stock is a Strong Buy.

Comments Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend.
Chart pattern indicates a Strong Upward Trend.
Relative Strength is Bullish.
Up/Down volume pattern indicates that the stock is under Accumulation.
The 50 day Moving Average is rising which is Bullish.
The 200 day Moving Average is rising which is Bullish.
Look for Support at 11.27