DIVX is still running.

With only 9.5 million shares in the float and a big push by Cramer, there's no telling how far this will go.

You don't own any? Well, you probably should if you believe in this bull market that is led by tech.

Buy the dips! That's the way to play it!

You didn't pick up some CRM on the dip? You didn't buy NYX on the dip? How about RVBD? C'mon man, don't be fearful (just yet)!

INTC back to being the innovator.

Hearing that INTC is making way into the multi-core chips. John Dvorak said Intel could have a 80 core chip by 2011, and possibly 4 and 8 core sometime next year.

AMD have been slapping them for a year or two now because AMD was the first to come up with dual core chips. No more. The sleeping giant INTC is about to wake up and crush that AMD bug (once and for all?).

INTC is now at $20.39 .


Grab a piece of INTC while supplies last! If it dips tomorrow, the better.

Intermediate and longer term hold.

DIVX recommended by Jim Cramer.

I bought some this morning. Cramer calls it the next AKAM. Float is about 9 million shares.

You know it can only go up, if for the short term.

Currently trading at 20.80

VLO is the only oil stock i would own.

Hey, if i ever want to know how they're really doing, all i have to do is drive around my neighborhood.

Incidentally, whenever my car is out of gas i visit more VLO gas stations than any other. I know that's the place i would want to park my money.

VLO bottomed.

CRM is going to become a behemoth in the future.

CRM closed @ $37.50

I guess you could say i believe CRM is on its way to become the next ORCL. I don't see any reason why it wouldn't.

CRM specializes in on-demand software applications. "On-Demand" applications will become huge in the future. The company is in a hypergrowth stage right now. Salesforce (CRM) competes with Siebel Systems, which was acquired by Oracle. In my opinion, Siebel Systems was getting its arse kicked by CRM, a very strong contender that went ipo only 2 years ago. CRM currently has over 300 different applications on their site. One of their most recent product is the ScanR, a business card scanner service which allows you to take picture of business cards with a camera phone or digital camera and have those scanned cards organized digitally for you.

I am sorry i didn't get you guys into CRM in the low $20's . I spoke of this company last year and how much i liked it. If Siebel Systems couldn't handle Salesforce.com in the customer relationship management arena, i don't think combining with Oracle will make much difference either. In my opinion, Saleforce.com (CRM) will eventually own that space.

CRM has a really nice chart, for short term, intermediate term and i like it alot for the long term.

Beanie's 4 Horsemen:
1)CRM
2)GOOG
3)AAPL
4)AKAM

(Note that both CRM and GOOG have a large insider ownership.)

Could we get another big rally on Tuesday?

The rally today was sweet and juicy. What more can you ask for? Shorties, in general, are hurt badly. Again, it's the techs that are strong.

As said before, the window dressing this week should limit the downside. You don't really wanna go short this week, do ya?

Let's look at some of our recommendations of late:

AKAM - can't be better. what an awesome stock.

SMSI - this one looks like it's ready to explode to the upside. Must break 14.35 first.

MA - probably gonna bounce tomorrow. lots of upside in the longer term.

PCLN - on fire but is running into resistance 3 points higher.

XMSR - not bad. consolidating to go higher is my opinion.

AAPL - looks like the run finally starting. going higher.

NYX - going higher is my opinion.

LVLT - very nice. going higher.

CSCO - goes with LVLT. going higher.

VLO - i think the stock bottomed today. going higher is my opinion.

GIGM - going higher.

RMBS - going higher but a very volatile play.

Window dressing week is upon us!

I think the selloff last Thursday and Friday could be done for the time being. This is the week where funds get to "fool" the investors by buying stocks that are hot and selling stocks that's been cold. That way, they don't have to explain to investors why they're in bad stocks. (This never really made much sense to me. I thought investors want to know whether their accounts are getting fatter or thinner.. lol)

This takes us to October. You know, so many people are expecting a big selloff this Fall, we may actually rally. We already have in September!

As you know, tech stocks are now leading the market higher because that's where the funds are headed. Oils and commodities are still being sold. Sector/Industry rotation can be brutal for the Johnny-Come-Latelys. That's why Jim Cramer always say, "Diversification is the only free lunch." He's right, you know. If you only invest in one industry, you better learn to be able to stay on the sidelines with your cash and do nothing when warranted. Else you will lose your shirt when the big boys move their money into another industry/sector. That's what's been happening to the commodities and alot of people are losing alot of money there. The Johnny-Come-Latelys are enamored with the once high-flying commodities and the big bucks are now selling it to them. Just like the year 2000, another group of investors who just got into the market will get bruised and battered and get sent home to tell their loved ones that the stock market cheated them yet again. Don't worry, they will be back to repeat another cycle.

I could be wrong, but i think the cycle always starts with technology. And that is where we are at right now. I think you should now have some money in tech and sell at least 1/2 of your other industry/sector holdings. If you owned oils in the past several years, there is no reason to still be holding 100% of your oil holdings. At least 1/2 should have been sold already. That money can now be redeployed to technology. If you still own oils, you should only be in good big cap oil dividend-paying stocks. If you are in speculative oils, your oil stocks could be wiped out to oblivion when the oil bear market hits.


Beanie

NYX @ 72 = the next CME

Therefore, NYX is headed to $100. It was brought to my attention by a reader. It's a super stock. Seems pretty obvious that all trading exchange stocks are hot. Alot of them, if not all of them, have gone ipo the last few years. They are great daytrading stocks and they are great investments.

NYX is just great no matter which timeframe you're looking at.

Own it!

Travel with PCLN

PCLN @ 34.85 .

I thought i posted PCLN yesterday nite. I guess i didn't. It's trading at 52 week high today. Chart looks awesome.

A tech ipo you should buy: RVBD @ 15

The stock closed @ 15.30 . Technology stocks are leading the market. RVBD makes hardware that increases data transmission speeds (on the internet). This is for an intermediate /longer term hold. Of course, it's also a great daytrading stock because of its volatility (8.75 million shares on the float?). Buy 1/2 now and buy 1/2 a few days later (hopefully on dips).

I believe the stock will see $30 within 3 months.

MA encore!

This stock is spectacularly strong. We mentioned the stock at 65 but we still like it here for the longer term. Don't you want to put some 401k money into this? Don't you? Imo, you can't seriously consider yourself an investor if you don't own some financials.

While i think a consolidation is due soon, this thing is on its way to $100. (Could it be the next CME? I kick myself everyday for not owning it 3 years ago. Breathtaking, to say the least.)

Man, my alarm didn't ring and i just woke up!

Sorry. The stock i said i would be bullish about today is SMSI. Investors initially reacted negatively to the shelf offering by dropping the stock $1, but then rebounded almost entirely 2 days ago. Yesterday it gained about 60 cents. Altogether the chart looks very good.

SMSI @ 13.76

Earnings could take the stock higher. Intermediate/longer term play.

LVLT a nice telecom play.

LVLT has been sneaking up steathily almost everyday. The company is saddled with debt but is growing in revenues nicely. LVLT also recently has a deal with YouTube.com, which is in the top 10 ranking of most visited website.

LVLT is @ $5.30 right now.

LVLT is short term overbought (but could see $6 before consolidating). It is a great intermediate and longer term play.

AAPL finally getting the action it deserves?

so close to $75. so close.

VLO is a buy again right here!

I believe it is in a bottoming process.

Do you believe Time Travelling exists?

If so, do you believe John Titor? Check him out on Wikipedia. The purported time traveller from 2036 said NAPS (Napster) still distributes music, and Microsoft and Yahoo no longer exist.

If he's telling the truth, it probably means there will likely be no stock market by 2036. That ain't right. What am i gonna do as a daytrader? lol...

SMSI looks like a short-term short to me.

Dilution! wow.

But then, crazy investors might react differently. Let's see tomorrow. It's normally a short when it comes to dilution like that.

AKAM still looking really good.

What is there not to like? Even in a bad economy, people still visit websites.

I still own it and still like it for the long term.

It's trading at $47.43 now.

Invest in MA!

MA @ $65: This is one of the most successful ipo's this year. My goodness, wouldn't you want to own one of the most prolific brand names in the financial industry? I like Visa more but that company is private. Don't know what to buy in your 401k? Don't stuff it with tech stocks. Buy Mastercard. Buy buy buy, and then buy some more on any dips. Hey, American Express (AXP) and Wellsfargo (WFC) and Bank of America (BAC) and Citigroup (C) are all for you!! How can you not have any financial stocks in your 401k? Are you crazy? How can you invest in the stock market and not invest in financials?

Don't Let Your Grandma Buy These: GIGM & EMED

These are very speculative plays that can offer high returns but comes with high risk. The bulk of your portfolio should not be in these types of stocks.

GIGM @ $11.18: Gaming software company that is growing revenues and earnings like crazy. Trading above $10 is very bullish for the stock. Very nice technicals. Short term/intermediate/longer term play. Stop loss around 9.50 .


EMED @ $.95 : A penny stock for you pennylovers that is growing its revenues nicely but is still very unprofitable. Seems to be getting alot of customers into their program. Maybe something big will start to happen. Overbought in the immediate term but doesn't mean it won't continue to chug along. Intermediate(1-3 months) and longer term (6-12 months) play.

myspace.com, the deal of the century! NWS!

I am hearing that Cramer and his people really like NWS - News Corp. I can see why. After NWS acquired myspace.com earlier this year, it is now participating in the growth of the digital revolution. Myspace.com is the most popular community site on the web, boasting over 109 million members. I think momentum should build in the stock, especially next year. NWS paid $550 million for myspace.com. This deal is the greatest deal of the century, although it didn't seem that way several months ago. NWS essentially got the site for free free free, and then some! Why? Did you know that GOOG recently signed a contract with NWS to have their search engine installed inside myspace.com? GOOG is paying $900 million for that privilege!!!! Wow wow wow wow wow is all i can say! So now what? Follow Google, of course, because Google ain't stupid. Buy NWS!!


NWS @ 20.14

NWS is a longer term hold. It has been an absolute slow mover but will change in the next few months. NWS has about 20 billion market cap.

I think the stock could double or triple within 2 years.

I bought a bunch of AKAM today.

AKAM seems to be the new tech leader. In fact, it is one of the very very very few techs that are trading at 52 week high.

I like AKAM for the longer term hold.

CYDS is a buy buy buy!!!!

nice earnings!!

Do i need to tell you? Buy AAPL!!!!!!!!!!

Buy AAPL @ 74.20

Once it takes out 75 (which should be easy), it will be on its way to retest 86.

AAPL will lead the next tech rally. Forget DELL, which i think is a real pos.

1st target: 75
2nd target: 86
3rd target: 100 & beyond

If you don't have alot of cash, you can buy the October 65 call option. I wouldn't buy too much though because October isn't a good month.

Let's buy 1/2 position of TIE right now.

Let's buy TIE @ 26.40 right now right here. Buy the other half on a dip or on a rise above $27. Let's do it!

I think TIE has already bottomed. Commodities stocks are definately not done yet and i suspect the metals stock will rally year end.

What can i say, VLO was oversold.

Much more room on the upside is my opinion. Hope you own the stock or the oct. option calls.

VLO -Valero overoveroversold!!!!!

Are you kiddin me? The oils are too oversold too fast and too soon. Did something happened i didn't know about? Gas ain't cheap. I've been to my gas station. Have you?

buy 1/2 right now @50.90 and buy the other 1/2 when it dips below $50.


You can also play the Oct 55 calls @1.25 . Buy 1/2 now and buy 1/2 this week when it dips some more.

XMSR is a buy above 12.35

By the time it hits $12.35 you should be in.

It's ok to add 1/2 position here right now, and the other 1/2 as soon as it trades above 12.35 .

Bought some RMBS this morning.

This stock is slowly moving up. I believe it will see the 200day Moving Average around $25-26 . So that's where it's going.

RMBS is now trading at $17.25 .

Gamble with SHFL

SHFL got hit on earnings guidance slightly below expectations going forward. The stock got a 10% haircut today. It closed at $24.26.

I believe SHFL is a good long term buy at this level, although i would like to see it drop a little further to the $23 level.

I would buy 1/2 next week and 1/2 after the sept 20 Ben Benanke meeting.

Out of EBAY, except the puts.

I sold my EBAY shares. Looks like it is running up into resistance. If you look at the 10-day, you might just see a head-and-shoulders forming. At any rate, i don't want to hold it into the weekend just in case. I will buy back on Monday if the stock trades above $29.

Scary selloff!

It's time to be defensive. It's not time to buy stocks. You either stay out and wait, or you short. I am looking to short tomorrow or buy put options. The best you can hope for is a bounce so you can put on your shorts.

I will be watching SPY sept 131 puts or SPY sept 130 puts tomorrow. Try to use the Rules of Entry to buy the puts or short stocks. We will likely gap down tomorrow. Don't buy the puts or short stocks on a gap down. Wait for the bounce. Alternatively, after the first 30-60 minutes, if new lows are made, you should be in position.

I really urge you guys to upgrade your trading from over-the-counter penny stocks and pinksheets to trading REAL stocks and, on a limited basis, stock options. The people who tell you that penny stocks offer better returns are wrong wrong wrong! In a highly risky world, there is just no way penny stocks can compete with stock options. No way no how! If you are gonna take on so much risk, you might as well look into options, where (like penny stocks) you can use a little to make alot. Remember my DVN sept 65 calls became a 10-bagger yesterday, in just one weeks time! In the penny stock world, you have very limited number of stocks you can play, where everyone buys the same stock. Last ones out always get hurt. Total pump and dump. At least in the options world, you have many selections and many possibilities.

If you haven't made much from penny stocks trading the last 2 years, consider changing.


Beanie

Pick #4: IR sept 40 calls @.30

This post is for Sept 6 Wednesday.

This is a very speculative play as we only have 8 days left before expiration. Each passing day will nail us because of time decay. I would like to see the stock trade above Tuesday's high before buying, if i were you. I used my profits in TIE to purchase these calls. So i am less worried.

That being said, i think the stock should see $40 by early next week if the markets don't kill us first.

Long the stock is a much safer play.

Pick#1: TIE sept 30 calls

Pick#1: TIE sept 30 calls

We got only 2 weeks left, and because it's out of the money, time decay will eat us alive if TIE doesnt move over $30 quickly. TIE sept 27.50 is a safer bet. You can also long the stock if you don's like options. Wait for a break above $28.11 (50-day MA) before buying. Projected target for the stock is $39.

(Please play small if you're buying options. No more than $500 worth if you have a $10,000 account.)

Ok guys, i hope everyone is doing

ok. I know i haven't been posting for awhile. But rest assured, i still trade for a living.

I miss "y'all" and will be posting on this blog from now on. As you know, i no longer use the beanie chat room.

Hopefully i can help ya make some money here. I try not to trade penny stocks anymore as they are usually not worth the paper they are written on. It may actually be better to trade stock options than penny stocks. So make sure your account can trade options because i will occasionally give you some options plays.

Stock options are also very speculative and you should always play small.


Welcome back! (if you care to hear from me. lol)