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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Monday, June 13, 2005

We may enter GIGM sometime today, if

it stays above $2.

60 Comments:

Blogger beanie11111 said...

MPET been pumped in just about every oil stock message board this weekend. lol... It gapped up. So wait 30 minutes.

Mon Jun 13, 09:33:00 AM EDT  
Blogger beanie11111 said...

FUEL:

Should be a good buy soon.

Mon Jun 13, 09:38:00 AM EDT  
Blogger beanie11111 said...

VPHM:

Looks like the next one on the Beanie Alert list to double.


IIJI:
This thing is on rocketfuel..lol

Mon Jun 13, 09:49:00 AM EDT  
Blogger beanie11111 said...

MPET:

Based on the rules, there should be no long entry yet.

Mon Jun 13, 09:52:00 AM EDT  
Blogger beanie11111 said...

OOustlerOO,

You entered a little late on the early sellof, but if you were daytrading, the exit loss would be break of lod.

FUEL filled the gap from yesterday at the low 2.4 area. This should be good support for the time being.

Mon Jun 13, 09:59:00 AM EDT  
Blogger beanie11111 said...

sometimes the first 30 minutes could extend to 35-40 minutes.

Mon Jun 13, 10:00:00 AM EDT  
Blogger beanie11111 said...

RAPM on the Explosive list, would be a decent buy on the gap down to 1.15

Mon Jun 13, 10:01:00 AM EDT  
Blogger beanie11111 said...

GIGM:

Wait another 5-10 minutes to see if it can break hod before long entry

Mon Jun 13, 10:02:00 AM EDT  
Blogger beanie11111 said...

FUEL:

2 possible entry points today. One was a dip to 2.42 area (which by the way closed the gap from Friday). Two is the break of hod from this point on.

Mon Jun 13, 10:06:00 AM EDT  
Blogger beanie11111 said...

Nick,

BCGI was a buy on the morning dip. ALso support at $2.

Mon Jun 13, 10:07:00 AM EDT  
Blogger beanie11111 said...

MPET/GIGM:

Based on the rules, there should be no entry yet, until it breaks hod from this point on. (But if you brave you can buy it as it nears lod....but be fast when the lod breaks down.)

Mon Jun 13, 10:10:00 AM EDT  
Blogger beanie11111 said...

taser,

You missed the early buy on VPHM. So now you wait till it goes near lod or it breaks the hod .

Mon Jun 13, 10:14:00 AM EDT  
Blogger beanie11111 said...

GEOI/ABLE:

flying

Mon Jun 13, 10:16:00 AM EDT  
Blogger beanie11111 said...

FUEL:

I own alot of shares...ain't selling yet

Mon Jun 13, 10:17:00 AM EDT  
Blogger beanie11111 said...

FUEL:

Got a little shellshocked from the sellof on Friday. So be patient and let it work itself back up. Of course you can take profits at any point if you have them. But if FUEL breaks hod (and stays above it), that hod point would be new support.

Mon Jun 13, 10:19:00 AM EDT  
Blogger mr said...

i was on other board all mornng. lol. confused where to stay.

Mon Jun 13, 10:24:00 AM EDT  
Blogger beanie11111 said...

DFIB:

Got good news this morning.

Mon Jun 13, 10:25:00 AM EDT  
Blogger beanie11111 said...

DSTI:

Hot this morning

Mon Jun 13, 10:32:00 AM EDT  
Blogger mr said...

TKO me holding for 5 + within weeks

Mon Jun 13, 10:34:00 AM EDT  
Blogger mr said...

VPHM new 10k buy insiders last week

Mon Jun 13, 10:43:00 AM EDT  
Blogger beanie11111 said...

Beanie Explosive Picks:

All four dipped this morning and if you were playing them, they should have been bought on the dip.

RAPM, BCGI, RNOW, ENTU

Mon Jun 13, 10:50:00 AM EDT  
Blogger beanie11111 said...

BCGI:

Looks pretty good where i'm sitting, had you bought on this morning's dip.

Mon Jun 13, 10:55:00 AM EDT  
Blogger mr said...

MCEL volume alert =

Mon Jun 13, 11:08:00 AM EDT  
Blogger beanie11111 said...

RAPM:

lookin good where i'm sitting, had you bought the morning's dip.


Don't even think about buying RAPM or BCGI now! It's too late. Come again...lol

Take profits accordingly...


There's always more Explosive Picks tomorrow.

Mon Jun 13, 11:12:00 AM EDT  
Blogger beanie11111 said...

Oink oink BCGI, bring the bacon home! lol

Mon Jun 13, 11:23:00 AM EDT  
Blogger beanie11111 said...

VPHM:

Flying!

Mon Jun 13, 11:25:00 AM EDT  
Blogger beanie11111 said...

FUEL:

If you were daytrading, you would have bought at the dip and sold when it could not break resistance in the high 2.7's.

If you are holding for a longer term like i am, you would hold still. It should be bottoming

Mon Jun 13, 11:31:00 AM EDT  
Blogger beanie11111 said...

DSTI is on fire! lol

Mon Jun 13, 11:34:00 AM EDT  
Blogger beanie11111 said...

OOustlerOO,

The rules are not perfect. Even though FUEL broke lod, it is still filling the gap from Friday. It is trying to trade above 2.40. If it breaks down 2.30, i would be a bit concerned. But no matter what happens today, i am pretty certain it will go up tomorrow. It's trading sort of like CYOS did several days ago.

Since the beanie alerts are meant to be a several weeks hold, this would not be a sell signal for us.

Mon Jun 13, 11:46:00 AM EDT  
Blogger beanie11111 said...

FUEL:

I hold a position as well as daytrading the stock.

Mon Jun 13, 11:47:00 AM EDT  
Blogger beanie11111 said...

VPHM:

A buck and 40 cents more and we get a double! Can you smell it already? lol

Mon Jun 13, 11:48:00 AM EDT  
Blogger beanie11111 said...

FUEL:

Anybody who wants to play this particular alert and dont have the stock yet, this is as good an entry as any, imo.

3-4 weeks hold (or until something dramatic happens) and we re-evaluate.

Mon Jun 13, 11:50:00 AM EDT  
Blogger beanie11111 said...

DSTI:

Next stop is 15.

Mon Jun 13, 12:05:00 PM EDT  
Blogger mr said...

vphm 6.73 oh ho

Mon Jun 13, 12:06:00 PM EDT  
Blogger beanie11111 said...

taser,

Is that pacman or the iceman on the DSTI board claiming a little bird told them? lol

Mon Jun 13, 12:17:00 PM EDT  
Blogger mr said...

PRESS RELEASE: NewMarket Technology Inc. Releases Letter to Shareholders on Forecasted 200% Revenue Growth to Profitable $75 Million in 2005 from 2004 Revenue of $25 Million

Monday , June 13, 2005 12:17 ET

DALLAS--(BUSINESS WIRE)--June 13, 2005--
Company on Track to Realize Financial Projections with Over $100
Million in Current Sales Pipeline and $70 Million of Annualized
Revenue in Acquisition Pipeline
NewMarket Technology Inc. (OTCBB:NMKT) released a letter to shareholders today from Philip Verges, CEO of NewMarket Technology Inc., providing an update to shareholders regarding the Company's progress toward its projected growth from $25 million in 2004 revenue to a profitable $75 million in 2005 revenue. The letter is included in its entirety below.

Mon Jun 13, 12:19:00 PM EDT  
Blogger mr said...

NMKT moving big news

Mon Jun 13, 12:19:00 PM EDT  
Blogger beanie11111 said...

DSTI:

Dont you think you need to take some profits? lol. Buy back with a break of hod.

Mon Jun 13, 12:21:00 PM EDT  
Blogger beanie11111 said...

thekookbook,

of course! lol

Mon Jun 13, 12:37:00 PM EDT  
Blogger mr said...

NMGC amazing

Mon Jun 13, 12:54:00 PM EDT  
Blogger mr said...

.41 but out last week

Mon Jun 13, 01:09:00 PM EDT  
Blogger mr said...

.41 but out last week

Mon Jun 13, 01:09:00 PM EDT  
Blogger beanie11111 said...

Ok all, gotta run an errand. Will be back in an hour or so.

Good luck.



looks like CPN will be our first Beanie Turnaround Play to double from 2.30.

Mon Jun 13, 01:19:00 PM EDT  
Blogger mr said...

Beanie did u mention CPN ??? when

Mon Jun 13, 01:26:00 PM EDT  
Blogger beanie11111 said...

Application of the 30 minutes Rule:


DSTI:

Based on the rules, the only two entry points that make any sense at all after the first 30 minutes of trading were the high 10's (low 11) and the break of first 30 minutes high of around 11.60. Either of those entry made substantial amounts of money today.

Mon Jun 13, 02:54:00 PM EDT  
Blogger beanie11111 said...

Beanie's 3 Explosive Picks will now be renamed "Beanie's One-Shot-One-Kill Picks", which will be used for daytrading. You play it by:

1) The 30 minutes Rule

2) Buying the morning GapDown and/or Dip. (And the reverse of shorting the Gap Up and/or Rally.)

If you can consistently accurately and profitably trade as such, and if you have enough money to work with, i can almost guarantee you will get to fire your boss one day! lol

Mon Jun 13, 03:02:00 PM EDT  
Blogger beanie11111 said...

taser,

Of course it's easy for you, but many new traders have never heard of the 30 minutes Rule. lol

Mon Jun 13, 03:03:00 PM EDT  
Blogger beanie11111 said...

horton,

Sorry forgot to answer your question. INCX is still a keeper. Hasnt really broken down 8.0 yet.

Mon Jun 13, 03:09:00 PM EDT  
Blogger beanie11111 said...

DSTI:

looking very strong. i wonder if pacman and his people are piling in this one.

DSTI also has the support of Toby and his people.

Mon Jun 13, 03:11:00 PM EDT  
Blogger beanie11111 said...

IIJI:

So freakin on fire!!! lol

Mon Jun 13, 03:37:00 PM EDT  
Blogger beanie11111 said...

taser,

$13 area looks like strong resistance.

Mon Jun 13, 03:48:00 PM EDT  
Blogger beanie11111 said...

You should already be out of DSTI, if youre daytrading it.

Mon Jun 13, 03:48:00 PM EDT  
Blogger beanie11111 said...

Horton,

It has to get pass 15 first in order to move further. But the weak close probably indicates a weak tomorrow for DSTI.

Mon Jun 13, 04:04:00 PM EDT  
Blogger beanie11111 said...

dolly,

holy cow, what happened?


Ok you got too choices.

1) If you want to daytrade, you gotta follow the Rules. Go to beaniestocks.com and read about the rules on "Beanie's 3 Explosive Picks for 6/13"

2) You spread out some of your cash and play the Beanie Alerts. I thought that IIJI was a slow mover at $4, it ran faster when the price got higher. Same with VPHM. I like GEMS and i like FUEL.


---------


I will post 3 more new picks titled "Beanie's One-Shot-One-Kill Picks" tonite. Try to play at least one tomorrow, following the rules. Start small until you get the hang of it.


MPET was a great play today. It didn't break the hod established the first 30 minutes, but it did get to the lod and held (which was a possible entry point). MPET closed nicely.


Later....

Mon Jun 13, 04:12:00 PM EDT  
Blogger mr said...

IIJI if up IMO take profit debt read this http://finance.yahoo.com/q/ks?s=IIJI

Mon Jun 13, 04:24:00 PM EDT  
Blogger beanie11111 said...

Nick,

Very likely it will, as long as the stock stays above $15.

Mon Jun 13, 09:10:00 PM EDT  
Blogger beanie11111 said...

** Beanie's One-Shot-One-Kill Picks for Tuesday (6/14) ** are now posted at www.beaniestocks.com!

Mon Jun 13, 09:11:00 PM EDT  
Blogger Jilpangs said...

beanie...

should we still have an eye on
RNOW 12.43
RAPM 1.45
BCGI 2.20
ENTU 4.88

or its only for 6/13 play ?

Mon Jun 13, 09:35:00 PM EDT  
Blogger beanie11111 said...

Nick,

VPHM is being played as both, daytrade and longer term

Tue Jun 14, 09:22:00 AM EDT  
Blogger beanie11111 said...

jilpangs,

Let's forget about those on 6/13, unless you have a position. Of course you can play the same stocks today if you want to. But definately try to play the 6/14

Tue Jun 14, 09:23:00 AM EDT  

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