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posted by beanie11111 | 1:39 PM
18 Comments:
wat do you think of MA here? is this a buying opportuntiy or is it going to test 60? thanks
also,would like your opinion on vlo,tie and USG here. thanks
MA - analyst attacking it today. I would wait till next week to buy, re-buy , or to add more.
VLO: Couldn't take out 50, so we wait until it does.
TIE: Moving towards 24 support again. I would buy the dip on Monday. But don't own too much commodities stocks. Been freefalling fall awhile. It should bounce one day, but we don't know when that is.
USG: Another commodities stock. Don't own too much of those, at least not yet. But USG is sitting at the 50dayMA at 48. Next support at 46 area, which should be strong.
I feel that the commodities stock will rally soon, but it doesn't mean it won't go lower first.
do you think MA would test the 20day at 60.64 if market corrects over the next couple of days?
I hope you guys bought some RVBD this morning like i asked ya to! kaching!
anonymous, yes it would.
RVBD: Don't buy it here. Wait till the close or buy it next week. You are too late.
RVBD, once you have it, hold it for a few months and don't worry about it.
RVBD: If you still havent gotten your first 1/2, i guess you should get it now.
RVBD: I see $25 target short term. The float is so low. It's also in the right sector.
RVBD is growing revenues at an amazing amazing clip. I suspect the stock will triple within a year to give us about 3 billion market cap. It deserves it, imo. I am surprised the big boys don't even push this stock on the ipo. I am surprised that Cramer doesn't push this stock. I think i know. Because the float is so low low low!!!!! They could be buying stealth mode.
imho
ok folks, i think the market should go higher next Monday.
The reason i say we are headed higher on Monday (most likely) is because alot of the technology stocks are still strong in the sense they are not giving away that much gains from previous days. Look at AKAM. Look at CSCO. Look at GOOG. Look at BRCM. Look look look and then look some more.
I am going long on tech.
Own some RVBD. I implore you.
Own some but not too much. Just 1/2 and buy more on dips.
If my prediction is correct, you shall be happy 6 months from now.
beanie..i am not sure about if mkt will be up on monday if naz closed below 2222..
take a loo at nyx too beanie
NYX is unbelievable. It's going to 100. NYX = the next CME.
anonymous,
I think you are correct about that, because the nasd did close below 2222. I left to run an errand 40 minutes before the market closed. I just assume it would rally a little bit towards the close. The market NEEDS to rally on Monday or else.
However, i am still positive on tech. One of the gauges i look at is AKAM, a tech leader. The stock seems to be holding well and hasn't rolled over yet.
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