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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, November 13, 2006

QCOM has bottomed!!!!!!!!

QCOM @ 36.15

This stock has technically bottomed. Today's news about Motorola buying their chips ought to be the driver for this stock going higher.

Intermediate to longer term trade.

39 Comments:

Blogger beanie11111 said...

EBAY: is looking very good

Mon Nov 13, 12:02:00 PM EST  
Blogger beanie11111 said...

AAPL: nearly free money. Chart is beautiful. Cramer thinks it'll see 100 by end of December. I agree.

Mon Nov 13, 12:06:00 PM EST  
Anonymous Anonymous said...

Beanie,'=
How long will I need to HOLD BLRC
dude? Thank you,
Pamfla

Mon Nov 13, 12:31:00 PM EST  
Blogger beanie11111 said...

pamfla,

Depends on your patience. :)
If it's too slow, i guess you can give it up for the time being. Put it in RVBD if you like. I think RVBD is headed higher soon.

Mon Nov 13, 12:42:00 PM EST  
Blogger beanie11111 said...

RVBD: i congratulate anyone here who caught the low today.

Mon Nov 13, 12:43:00 PM EST  
Anonymous Anonymous said...

if you have NYX, are you holding them and or buying more? any stops on this

Mon Nov 13, 01:08:00 PM EST  
Blogger beanie11111 said...

anonymous,

Regarding NYX, i would not be buying more right here, but looking for a correction to add.

Mon Nov 13, 01:42:00 PM EST  
Blogger beanie11111 said...

hey, if NYX could hold above 94 today and tomorrow, it should be on its way higher.

Mon Nov 13, 01:48:00 PM EST  
Blogger beanie11111 said...

today is like watching paint dry

Mon Nov 13, 02:38:00 PM EST  
Blogger beanie11111 said...

NYX: Going to $200. (and confirmed by Cramer). Don't worry, be happy. Buy more on dips.

Mon Nov 13, 02:38:00 PM EST  
Anonymous Anonymous said...

beanie

I bought EFUT on your recommendation.. thank you. Just wondering where you think EFUT is heading for tuesday? thanks again

Mon Nov 13, 02:49:00 PM EST  
Blogger beanie11111 said...

ATHR: a good buy

Mon Nov 13, 03:06:00 PM EST  
Anonymous Anonymous said...

Dear Anonymous,
I had 900 shares at 12.00 of EFUT
I'm kicking myself...Good Luck!
Pamfla

Mon Nov 13, 03:09:00 PM EST  
Anonymous Anonymous said...

beanie..do yu know any good strong gold stocks?

Mon Nov 13, 03:11:00 PM EST  
Blogger beanie11111 said...

anonymous,

If i trade gold, i would just play the gold etf GLD

Mon Nov 13, 03:17:00 PM EST  
Blogger beanie11111 said...

RVBD: If you caught the low today, you will be nicely rewarded tomorrow.

Mon Nov 13, 03:17:00 PM EST  
Blogger beanie11111 said...

actually, let me cross out that previous comment. We'll have to see.

Mon Nov 13, 03:18:00 PM EST  
Blogger beanie11111 said...

EFUT: wow, at this rate, it should trade above 30 tomorrow. It's a momentum game now because of the thin supply. Ride it sky high if ya want, but be sure you're not the last one out when the musical chairs stop. Could go to 40. Could go to 50. But you better get off if you should be so lucky to see 50.

Mon Nov 13, 03:29:00 PM EST  
Blogger beanie11111 said...

NYX: is as strong as an ox. Doesn't even want to consolidate today. Could it see $100 tomorrow or wednesday?

Mon Nov 13, 03:31:00 PM EST  
Anonymous Anonymous said...

Beanie,
Suck a beer RE: EFUT - should I reconsider jumping back in or RVBD..WOW
Pamfla

Mon Nov 13, 03:56:00 PM EST  
Blogger RA S said...

EFUT is coming up on 30.

Mon Nov 13, 03:58:00 PM EST  
Anonymous Anonymous said...

3m float on this monster? Hit that today!

Mon Nov 13, 04:00:00 PM EST  
Blogger RA S said...

ON EFUT: I saw this same thing happen with ERS this past Spring. It went above 60 and then the whole market place collapsed on or about May 11th. Woud love to see this trade and then split somewhere above 100.

Mon Nov 13, 04:04:00 PM EST  
Blogger RA S said...

Beanie:

Is there such a thing as a Pyramid stock?

Mon Nov 13, 04:05:00 PM EST  
Anonymous Anonymous said...

Question, What do you mean when you refer to a float?

Mon Nov 13, 04:05:00 PM EST  
Anonymous Anonymous said...

BEANIE!!!!!!!!

Words can't describe what im feeling right now.... I bought 2000 shares of EFUT because of you last Thursday and went out of town for work. I got home today and I couldn't believe my eyes.
My wife and I want to thank you for all your hard work. I just can't thank you enough!!!!!!! I think I will sell half on tuesday and ride the rest.
What do you think?

Thank you very much!!!!

Mon Nov 13, 05:10:00 PM EST  
Blogger RA S said...

EFUT is trading after hours @30.44.....6:20 p.m. EST. yehoooooo

Mon Nov 13, 06:29:00 PM EST  
Blogger beanie11111 said...

oh sh%t!!! EFUT to the strastosphere! Can't breathe up here! lol

Mon Nov 13, 06:30:00 PM EST  
Blogger beanie11111 said...

pamfla,

you better know how to do somersaults if you wanna kick yourself with your toes! lol :)

Mon Nov 13, 06:32:00 PM EST  
Blogger beanie11111 said...

EFUT:

ok . you guys, this is the time where i urge you to start taking 1/2 off the table if you haven't already. Please don't be greedy, my god, the stock almost tripled now since i calle it in less than 2 weeks time. Our first target was $20 and it was reached yesterday, our second target of $30 has already been reached today. Our third target of $40 and fourth target of $50 is getting rather close. I am starting to believe that even before we hit $50, there will be a big selloff. This is now a judgment call on your part and if you get hurt in this stock or lose most of your profits, you have nobody to blame but yourselves.

The stock is trading over $30 afterhours right now. If you do not own this stock, it is way too late to enter now, imo.

I will no longer give any more advice on EFUT. Please have the sense to sell at least 1/2. Once you've done that, you've locked in juicy profits and won't have to worry when the musical chairs stop rockin.

Mon Nov 13, 06:39:00 PM EST  
Anonymous Anonymous said...

I only got 100 share I bought at 10, and I will ride out to see if I can get to 50 and sell. You advice to buy small and that's good advice.But stock like this don't come too often. I already made my money on DIVX and RVBD, that's good enough. Thanks for your good calls. I think it will go to 40 soon, maybe at end of this week.

Mon Nov 13, 06:50:00 PM EST  
Blogger beanie11111 said...

EFUT: If you believe the stock will split and would like to hold on, then do so, but please sell 1/2 nevertheless. If you still holding 100% of your position at these levels, you are now a BIG FAT HOPELESS PIG. Good luck when you get BBQ-ed.

Hey, it could go to $100, but i ain't brave or stupid enough to try to find out without taking some profits here.

I know i know, what if EFUT indeed hits $60 this week... and you will really kick yourselves (especially Pamfla! lol).

Hey, how about this? If you still haven't take any profits, why not take 25% off the table tomorrow, another 25% the next day?

------

With that being said, If Yahoo is correct about the float and outstanding shares, then EFUT might actually see $50.

Mon Nov 13, 06:51:00 PM EST  
Blogger beanie11111 said...

anonymous,

well, if you only got 100 shares, it's ok to hold on a bit longer. But the person who has 2,000 shares... hmmm hmmm hmmmm

Mon Nov 13, 06:54:00 PM EST  
Blogger beanie11111 said...

lee,

the "float" is the actual number of shares available for trading. The "outstanding" is the total number of shares available for the stock. The outstanding minus the float = the number of shares held by company insiders.

Mon Nov 13, 06:58:00 PM EST  
Blogger beanie11111 said...

I think i'll have a nice stock recommendation tomorrow morning. I gotta check on their fundamentals later tonite and see the action tomorrow. Stay tuned....

Wake up early and pay attention.

Mon Nov 13, 10:54:00 PM EST  
Anonymous Anonymous said...

Beanie,

Should I load up on TRT? Is that a good risk vs reward stock? What's a good entry point?

Tue Nov 14, 12:25:00 AM EST  
Blogger beanie11111 said...

anonymous,

Regarding TRT, technicals are pretty good. If you like it, buy 1/2 now and the rest on a dip.

I am just looking at TRT on a technical basis. I have not review its fundamentals.

Tue Nov 14, 01:40:00 AM EST  
Blogger beanie11111 said...

CTXS: I said it many times already, this stock has bottomed. Any buy below $30 is a steal, imo.

Intermediate to longer term hold.

Tue Nov 14, 04:15:00 AM EST  
Anonymous Anonymous said...

how do u think a short for EFUT would be right now. ITs gapped up reallly high this monring..Brett

Tue Nov 14, 09:27:00 AM EST  

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