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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!

Thursday, February 15, 2007

BIDU about to get smashed???

BIDU closed @ 115

BIDU announced earnings last night. Guidance not that impressive, which makes the stock even more overvalued.

I want you guys to play it the same way like we did with NVDA yesterday. If it seems like it's about to go negative, short the hell out of it. March near/in the money puts can also be bought.

The stock is also trending downwards for the short/intermediate term.


64 Comments:

Blogger beanie11111 said...

Do you BIDU? lol

Thu Feb 15, 08:45:00 AM EST  
Anonymous Anonymous said...

BIDU getting smoked premarket. Do you expect a pop at the open? Looking for a good place to get in on some puts...

Thu Feb 15, 08:50:00 AM EST  
Blogger beanie11111 said...

oh man, it never gapped up. You had to dive in premarket as soon as the first few trades were negative.

There should be a pop. Wait out the first 30 minutes after market opens. If a new low is made after that 30 minutes, short it. Alternatively, you can try to catch the short where the bounce ends.

Thu Feb 15, 08:56:00 AM EST  
Anonymous Anonymous said...

Hey Board, Beanie, JSpade, Mark the Rat,

BIDU a liitle too $$$ for me..
Any other suggestions this am?

AVCI, yo doggies!!

Pamfla

Thu Feb 15, 08:58:00 AM EST  
Anonymous Anonymous said...

My company's websense program has started to block my ability to post here, so my posts are probably going to be lacking now.....i was able to post this though (obviously!)...... anyway, what do you think abuot AVCI?
-markrat

Thu Feb 15, 09:02:00 AM EST  
Anonymous Anonymous said...

Mark,

AVCI is way up permarket...don't want to buy high...JSPADE recommended yesterday...Watch'cha think? Pamfla

Thu Feb 15, 09:11:00 AM EST  
Blogger MarkRat said...

pamfla,
learn from my mistakes, don't get too greedy! dump it!
-mark

Thu Feb 15, 09:34:00 AM EST  
Anonymous Anonymous said...

Thanks Beanie.

Thu Feb 15, 09:35:00 AM EST  
Anonymous Anonymous said...

mARK, hAVEN;T BOUGHT IT YET...TRYING TO FIGURE OUT what stock looks decent to short today,,,,Good luck today, Mark
Pamfla

Thu Feb 15, 09:38:00 AM EST  
Anonymous Anonymous said...

Is anyone else having trouble seeing aapl today?

Thu Feb 15, 09:45:00 AM EST  
Anonymous Anonymous said...

Thanks Beanie.

Thu Feb 15, 09:49:00 AM EST  
Blogger Johnny3185 said...

Looks like LMRA has finally bottomed out...

Thu Feb 15, 09:51:00 AM EST  
Blogger gosu said...

No volume again today/ When will we get a normal or high volume day.
Come ON.

Thu Feb 15, 09:57:00 AM EST  
Anonymous Anonymous said...

I don't think AVCI is gonna make it to 10. Bad guidance for this year. ALL out for $1.10 gain.

Thanks to the poster

Thu Feb 15, 09:58:00 AM EST  
Blogger Johnny3185 said...

LMRA is still going...

Thu Feb 15, 10:02:00 AM EST  
Anonymous Anonymous said...

Guess its time to cover the ICE. Ouch

Thu Feb 15, 10:22:00 AM EST  
Blogger beanie11111 said...

ICE is a short right here.

155

Thu Feb 15, 10:28:00 AM EST  
Anonymous Anonymous said...

Hi Beanie,

AVCI is over bought, about to blow HOD any suggestions? Will sell tomorrow...don't have 25, g's
in my brokerage account...any one have any extra $$$$ LOL :)
Pamfla

Thu Feb 15, 10:30:00 AM EST  
Anonymous Anonymous said...

ICE at 156

LMAO @ U !!

Thu Feb 15, 10:32:00 AM EST  
Blogger beanie11111 said...

actually, ICE is a very risky stock to short because it's the strongest stock right now.

Let me do it.

Thu Feb 15, 10:34:00 AM EST  
Anonymous Anonymous said...

Thanks Beanie.

Thu Feb 15, 10:40:00 AM EST  
Blogger beanie11111 said...

NVDA finally dying

Thu Feb 15, 11:07:00 AM EST  
Blogger beanie11111 said...

ICE:

this stock should be done going up and on its way back below 150.

Thu Feb 15, 11:36:00 AM EST  
Blogger beanie11111 said...

BIDU looks like a short even from here

Thu Feb 15, 11:52:00 AM EST  
Anonymous Anonymous said...

beanie,
I need a stock to go into hardcore....my equity is below 25k so i can only buy about 42k. Any recommendations? i'm sure i dont have to tell you who this is. :)
thanks,

Thu Feb 15, 11:56:00 AM EST  
Anonymous Anonymous said...

What do yo guys think about NYX?

-gunlock

Thu Feb 15, 12:06:00 PM EST  
Blogger beanie11111 said...

Philly fed number just out and it's bad.

Thu Feb 15, 12:12:00 PM EST  
Blogger beanie11111 said...

EXEL is on fire. You still don't want to own 500 shares for the long term?

Thu Feb 15, 12:14:00 PM EST  
Anonymous Anonymous said...

so wheres the "Big Correction"?? lol

Thu Feb 15, 12:29:00 PM EST  
Anonymous Anonymous said...

FFHL on the move again.

Thu Feb 15, 12:34:00 PM EST  
Blogger beanie11111 said...

wow, watching Ben and watching paint dry

Thu Feb 15, 12:34:00 PM EST  
Blogger beanie11111 said...

ICE:

a good short again at 155.

Cover at a break of 156.25

Thu Feb 15, 01:32:00 PM EST  
Blogger gosu said...

If I may ask, which broker do you use Beanie?

Thu Feb 15, 01:43:00 PM EST  
Anonymous Anonymous said...

Pamfla I hope you re-bought XING today. If you did you should be smiling ear to ear! :)

Thu Feb 15, 01:50:00 PM EST  
Anonymous Anonymous said...

My NCNC is up 26% today! PE of under 6.

Brett

Thu Feb 15, 02:05:00 PM EST  
Anonymous Anonymous said...

NYX the short of the year!!!

Thu Feb 15, 02:14:00 PM EST  
Anonymous Anonymous said...

any opinions on DENN before earnings tonight?

Thu Feb 15, 02:19:00 PM EST  
Blogger beanie11111 said...

man oh man, they're absolutely torturing the shorts. lol

Thu Feb 15, 02:32:00 PM EST  
Blogger beanie11111 said...

Doug Kass and all the diehard shorties getting rammed left and right. They can't see and can't hear, running around like chickens without their heads.

lol

Thu Feb 15, 02:36:00 PM EST  
Blogger beanie11111 said...

We are so due for a correction....

Thu Feb 15, 02:41:00 PM EST  
Blogger gosu said...


Dow transports
Dow Utilities
Dow
at their all time high now.

Last time this happened was in May 1998.
Click here to see what happened afterwards.

Thu Feb 15, 02:42:00 PM EST  
Anonymous Anonymous said...

lol, gosu the mark of a good trader is flexibility and identifying a trend. You've spent so much time and money trying to time the correction that you are now in a bad bad spot. You don't want to go long because you fear getting burnt but you also don't want to short with this strength. Identifying and riding trends are your best bet to making money son. Good luck.

Thu Feb 15, 03:00:00 PM EST  
Anonymous Anonymous said...

Gosu, keep preaching in the meantime we are making money. lol

Thu Feb 15, 03:02:00 PM EST  
Blogger beanie11111 said...

ICE:

if it gets below 153, it's a goner.

Thu Feb 15, 03:07:00 PM EST  
Blogger gosu said...

Yes and I have a position called as "Cash". I am earning 5% interest in my account after making 4% in January.
As I see, I am still beating the markets.
I would rather be safe than sorry.

Thu Feb 15, 03:16:00 PM EST  
Anonymous Anonymous said...

Hi Beanie,
I haven't been around that much lately -- I've been keeping an eye on FFHL since you recommended it. Do you think that now is a good time to get in? It doesn't seem to me like FFHL has too much room to go down.

thanks

Thu Feb 15, 03:20:00 PM EST  
Anonymous Anonymous said...

Gosu, sorry to inform you but 9% yearly return is not market beating.

Thu Feb 15, 03:22:00 PM EST  
Blogger gosu said...

I have some indicators that I follow and never ignore them.
The trend in March 2000 was up up and away. A lot of people followed the trend and got burnt.
Today may not be March 2000, but my indicators are telling me to be in cash.
I am not completely out of the markets. I am strictly day trading.
Yesterday, Bear Sterns and Goldman Sachs got me some decent profits. I am happy to stay overnight in cash.

Thu Feb 15, 03:24:00 PM EST  
Blogger gosu said...

It is not yearly return buddy. It is return of a month and a half.
Did I ever say I will be out of the markets for the remainder of the year?

Thu Feb 15, 03:25:00 PM EST  
Blogger gosu said...

I have a trader status with the IRS and have to execute upwards ot 1000 trades to maintain that status.
Out of markets for a year??? I cannot stay out of the markets for 1 hour.

Thu Feb 15, 03:27:00 PM EST  
Anonymous Anonymous said...

Dear Anonymous,

XING is the shit !!!! I'm dying to get back into this stock...scared !!!! LOL Any suggestions?

Pamfla

Thu Feb 15, 03:45:00 PM EST  
Anonymous Anonymous said...

Suggestions? Buy it! XING is still very undervalued. :)

Thu Feb 15, 03:54:00 PM EST  
Anonymous Anonymous said...

Hi Anonymous,

XING is the best; anyway stuck in AVCI till tomorrow am. Got in around 8.50.

Any ideas how this stock may open? I'll watch nite trading, always a good indicator except with XING - LOD today when I looked was 17.75. I said, man I'm glad I'm out and still this baby turned around in the GREEN...new highs!

Pamfla

Thu Feb 15, 04:03:00 PM EST  
Blogger gosu said...

NYX short of the year HEHEHEHEHE
Cramer said "NYX is the growth stock of the year"

Thu Feb 15, 04:13:00 PM EST  
Anonymous Anonymous said...

Pamfla no doubt XING is a traders dream stock however you are no trader so I wouldn't recommend trying to time this one. XING is in full bull mode and IMO will see 30+ this year. It's a strong buy under 18. :)

Thu Feb 15, 04:21:00 PM EST  
Blogger Dakota Kid said...

A little off topic but needs to be said:
Please check this out!

http://www.youtube.com/watch?v=3L3PPuzjghg&mode=related&search=

Thu Feb 15, 04:32:00 PM EST  
Anonymous Anonymous said...

Anonymous,

Yea, I'm a daytime, on the side trader rather than go to a casino!!

When I had over 25k in brokerage, would pull a stunt like XING. Now I'm somewhat limited.

Any feelings on AVCI for tomorrow? Will dump in the am...
Pamfla

Thu Feb 15, 04:33:00 PM EST  
Anonymous Anonymous said...

Beannie,Gosu and Board: Can you pls give some names of stocks you have in your radar to buy when the correction comes ??? I have some money in the bank waiting or better prices but I need some advice about what to buy. I am not day trader so I look for stocks than I can hold for a while.

Thanks

RP

Thu Feb 15, 05:22:00 PM EST  
Blogger gosu said...

When the correction comes, I will jump on stocks that deal with the following:
1) Booze
2) Cigarettes
3) Gambling

I am sorry, this may not be ethical investing, but it makes you money.

Booze:DEO
CigarettesMO, RAI, BTI
Gambling MGM, LVS
Also, another type of gambling errr....trading are
GS (Goldman Sachs)
BSC (Bear Sterns)
MER (Merill Lynch)
ICE (InterContinental Exchange)
CME (Chicago Merchantile Exchange)
NMX (Nymex - this will be a takeover target)

Do not buy all at one, buy 1/3 of your final position at a time.

Thu Feb 15, 06:05:00 PM EST  
Anonymous Anonymous said...

CRM

would u own before earnings
or this overextneded?!!!

pls help

Thu Feb 15, 07:05:00 PM EST  
Anonymous Anonymous said...

beanie and board,
any thoughts on this?

http://finance.yahoo.com/charts#chart13:symbol=nyx;range=3m;compare=nmx+ice+bot;charttype=line;crosshair=on;logscale=on;source=undefined

Thu Feb 15, 07:34:00 PM EST  
Anonymous Anonymous said...

and this:


http://finance.yahoo.com/charts#chart8:symbol=bot;range=2y;compare=nmx+ice+cme+toc;charttype=line;crosshair=on;logscale=on;source=undefined

-markrat

Thu Feb 15, 07:37:00 PM EST  
Blogger gosu said...

HEHEHEHEHE.
MSFT DOWN 2% AFTER HOURS
NASDAQ FUTURES DOWN 6 POINTS

I AM BUYING QID HEAVILY

Thu Feb 15, 08:33:00 PM EST  
Blogger gosu said...

URGENT BEANIE
URGENT!!!!
Please tell me the best short candidates in your list
I am already short NVDA.
Anything else?
URGENT

Thu Feb 15, 08:39:00 PM EST  

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