DIVX was a buy at $21
I like to trade this stock. It should be in play for some time, thanks to Cramer.
posted by beanie11111 | 9:30 AM
About Me
- Name: beanie11111
- Location: USA
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!
- We are currently at resistance areas.
- DIVX is still running.
- Buy the dips! That's the way to play it!
- INTC back to being the innovator.
- DIVX recommended by Jim Cramer.
- VLO is the only oil stock i would own.
- CRM is going to become a behemoth in the future.
- Could we get another big rally on Tuesday?
- Window dressing week is upon us!
- NYX @ 72 = the next CME
29 Comments:
Don't get too aggressive on the long side of any stock, especially this month.
With that being said, AKAM seems to be one of the strongest stocks around.
beanie..what do you think fo SHLD here? does that look short to you?
anonymous,
yes, SHLD does look like a short.
Firms downgraded energy sector to sell.
Could it mean a tradable bottom is near? hmmm
i hope you picked up some DIVX at 21. You had 2 chances this morning.
but isn't SHLD oversold here though? plus lower energy helping retails?
DIVX: kapow! Are we near a 10% gain yet from the $21 low?
Will we see DIVX at $24 today? Indications are we will, as long as the general markets stabilize here.
sorry, i meant DIVX to 23 today, not 24
Sell DIVX @ $23?? Buy on pull back.
MA is at new highs.
MA to 100.
hey, we may even see 24 on DIVX today. yum yum finger lickin good.
hey beanie..you still think SHLD as a short? it is up $2+ today.
anonymous,
not anymore. I took a quick glance at the SHLD chart and it appeared to be an intermediate term short. I also saw that it sold for 2 weeks already. It was an iffy call short term and i should have stated as such.
SHLD could be in the process of forming a multimonth cup and handle pattern.
charts like SHLD could actually go either way. Besides a long term buy and daytrade on the stock, i wouldn't for the life of me know which way it's going.
I was stupid to not look at the action this morning. A gap down or large dip we have in the markets and the stock IS ALMOST ALWAYS A BUY ON A DAYTRADE PERSPECTIVE.
sorry about that.
Are we near a 10% gain on DIVX yet, as indicated yesterday on this blog that i hope everyone read?
Rock!
DIVX: It's always good to take some daytrading profits when you have already a 2 point move.
XMSR: Am i seeing a near bottom on this stock? hmmm
AKAM: looks like a short for a daytrade
CSCO: Is still on fire. All dips are worth buying. It's headed to 25.
wow, CNBC and Cramer pump!
horton,
I mentioned oil and oil stocks several times already. I said not to get too excited about oil. I feel oil is done for at least the next two years leading into the next presidential election. No way our economy can survive on gasoline at $3 for an extended period. $3 is way too soon and too fast for our country. We will probably conquer some country first than to let gasoline at $3 per gallon. (hmmmm)
VLO: Since it traded below 50, i do not want to be in it. Maybe once it gets above the all important 50 again, i might.
horton,
October could turn out to be another rallying month. Nevertheless, i would still reduce margin just in case i'm wrong.
go AKAM go!
Ok. That's all for me today.
See you tomorrow.
(INTC & CSCO is headed higher)
CRM: The analyst downgrade several days ago was such a fraud, imo.
CRM i believe will become the next Oracle.
DIVX: The reason it is dropping afterhours is because Cramer told his viewers it's time to take profits.
VLO: If you like to trade this stock, there might be another profitable daytrade on the long side tomorrow.
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