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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

Could this MSFT announcement be the impetus for a correction?

If so, then we need to short tech.

Obviously, start with where the problem is: MSFT.

And then the direct beneficiaries of MSFT's Vista: NVDA (by the way, those who already own puts should be richly rewarded). NVDA hadn't impressed on their earnings report.

Also short BIDU because it's weak and it's going to 95 eventually.

CRM is overextended short term and hitting important resistance. Short that too. I believe CRM is now a great short.



Momentum stocks outside of tech should also get hit hard. Do you have the gonads to short ICE? Let me do it as it's not for the faint of heart.

That's a short list but seriously, do you really need to play that many stocks?


86 Comments:

Anonymous Anonymous said...

SHORT CRM after that bullish document after hours?

are u craazy?
u said load few days ago
ur a trader, ahh...invest in the best dude

http://www.marketwatch.com/news/story/salesforcecoms-profit-seen-rising-surging/story.aspx?guid=%7BCAC4A20D%2DB825%2D4D9B%2DA261%2DD57BC95BDA37%7D&siteid=yhoo&dist=yhoo

Thu Feb 15, 09:38:00 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, 09:44:00 PM EST  
Blogger gosu said...

BUY BUY BUY QID

Thu Feb 15, 09:44:00 PM EST  
Anonymous Anonymous said...

Interesting timing on Balmer's part -- a day before options expiration!

Thu Feb 15, 10:07:00 PM EST  
Anonymous Anonymous said...

Gosu, what else are you looking at to short?

Thu Feb 15, 10:26:00 PM EST  
Anonymous Anonymous said...

GOSU, here you go:
Short- NUAN, NVDA,
Long- QID

Thu Feb 15, 10:47:00 PM EST  
Anonymous Anonymous said...

Beanie, with all the options expiration going on tomorrow could we expect some delay before the markets turn?

Fri Feb 16, 12:11:00 AM EST  
Anonymous Anonymous said...

Mark my words! The correction has just begun!!

Fri Feb 16, 12:42:00 AM EST  
Blogger gosu said...

NASDAQ futures only down 3 points. Damn!!
I will wait b4 shorting anything

Fri Feb 16, 07:44:00 AM EST  
Anonymous Anonymous said...

FICC hooooooooooo

Fri Feb 16, 09:02:00 AM EST  
Anonymous Anonymous said...

ONXX

Fri Feb 16, 09:14:00 AM EST  
Anonymous Anonymous said...

Gosu=Dwight Schrute

Fri Feb 16, 09:27:00 AM EST  
Blogger beanie11111 said...

I shorted GS this morning. Bought march puts

Fri Feb 16, 09:33:00 AM EST  
Anonymous Anonymous said...

Well, new housing starts lowest in 10 years. Guess the DOW will run a hundred points today ;-)

Fri Feb 16, 09:39:00 AM EST  
Blogger beanie11111 said...

MSFT is going down down down! Short it

Fri Feb 16, 09:41:00 AM EST  
Blogger beanie11111 said...

ICE:

This awesome leader should be done for the time being.

Short it. Over at 156.25

155.2

Fri Feb 16, 09:46:00 AM EST  
Blogger beanie11111 said...

NVDA will see 28 eventually

Fri Feb 16, 09:52:00 AM EST  
Blogger beanie11111 said...

Cramer is pumping the markets this morning.

Cramer should not be allowed to pump or smash stocks during expiration week. Not fair to traders. lol

Fri Feb 16, 09:55:00 AM EST  
Blogger beanie11111 said...

ICE has topped out is my opinion

Fri Feb 16, 09:56:00 AM EST  
Anonymous Anonymous said...

Anon, that was funny!!

LOL!! LOL!! LOL!!

Fri Feb 16, 09:56:00 AM EST  
Anonymous Anonymous said...

beanie, can YHOO be shorted?

Fri Feb 16, 10:16:00 AM EST  
Blogger beanie11111 said...

yes YHOO can be shorted near 33

Fri Feb 16, 10:26:00 AM EST  
Anonymous Anonymous said...

Lets here everyones 2 best shorts when we really sell off.

Fri Feb 16, 10:33:00 AM EST  
Anonymous Anonymous said...

Got three: NVDA, ICE, CRM

Fri Feb 16, 10:35:00 AM EST  
Anonymous Anonymous said...

Pam, hope you got yourself some XING today! :)

Fri Feb 16, 10:57:00 AM EST  
Anonymous Anonymous said...

Where's the volume guys?

Fri Feb 16, 10:57:00 AM EST  
Anonymous Anonymous said...

When I looked up who Dwight Shrute is, I totally agree! ROFLMAO!!

Fri Feb 16, 11:04:00 AM EST  
Blogger gosu said...

Funny. I have never seen the office. Ofcourse, now I will try.
Good that I could be of some entertainment value to you guys.
Anyway, shorted ICE this morning.
Already short on NVDA.

Fri Feb 16, 11:05:00 AM EST  
Anonymous Anonymous said...

short CRM, where?

Fri Feb 16, 11:16:00 AM EST  
Blogger beanie11111 said...

NVDA on its way to 28

Fri Feb 16, 11:17:00 AM EST  
Anonymous Anonymous said...

For those of you who don't know Dwight Shrute:

http://www.youtube.com/watch?v=O81fpTasRIo

LOL!

Fri Feb 16, 11:29:00 AM EST  
Blogger beanie11111 said...

NYX:

good to start developing long positions

Fri Feb 16, 11:33:00 AM EST  
Blogger beanie11111 said...

Start accumulating NYX long positions for a 1 year hold.

87 is a steal.

Buy even more if we get a market correction, but NYX has corrected so much already.

Fri Feb 16, 11:44:00 AM EST  
Anonymous Anonymous said...

Short covering in the oil market towards the close will ignite the sell off. There it is we will close with a -100 DOW.

Tech

Fri Feb 16, 12:00:00 PM EST  
Anonymous Anonymous said...

beanie.

what is your target on NYX in 2 weeks? i have lost on ICE hoepfully i can maek it here

Fri Feb 16, 12:16:00 PM EST  
Blogger gosu said...

The Advancers/Decliners line is at its 80 year high

Click here to read about it.

Fri Feb 16, 12:35:00 PM EST  
Anonymous Anonymous said...

NCNC on fire again! Hope some of you guys got into that one.

Brett

Fri Feb 16, 12:53:00 PM EST  
Anonymous Anonymous said...

Anonymous,

Traging XING
YOU R SO RIGHT...waiting for AVCI to move a little than will rebuy this afternoon...Thanks for tip originally
Pamfla

Fri Feb 16, 12:58:00 PM EST  
Anonymous Anonymous said...

FFHL moving again today.

Fri Feb 16, 01:04:00 PM EST  
Anonymous Anonymous said...

What's going on with ICE?

Fri Feb 16, 01:27:00 PM EST  
Blogger beanie11111 said...

ICE is THE STRONGEST stock around.

looks like it will take out the previous high of 158

Fri Feb 16, 01:57:00 PM EST  
Blogger beanie11111 said...

"might" as opposed to "will".

If it does, it should see another 20 point upside

Fri Feb 16, 01:59:00 PM EST  
Anonymous Anonymous said...

When could we see a lot of covering in ICE?

Fri Feb 16, 01:59:00 PM EST  
Blogger beanie11111 said...

anon,

I would take 1/2 profits on NYX if i'm swingtrading. Else, hold for 1 year

Fri Feb 16, 02:01:00 PM EST  
Blogger beanie11111 said...

my gut feeling on ICE is that it has doubled topped near 158. I would short again right now and cover above 158

Fri Feb 16, 02:03:00 PM EST  
Anonymous Anonymous said...

beanie, is it safe to hold the ICE short over the weekend? TIA

Fri Feb 16, 03:17:00 PM EST  
Anonymous Anonymous said...

Dwight Schrute gives tips on "Bears"

http://www.youtube.com/watch?v=PYkWWnZm6-w&mode=related&search=

Fri Feb 16, 03:25:00 PM EST  
Anonymous Anonymous said...

wow look at that strong support for nyx at 88.

-joerawr

Fri Feb 16, 03:31:00 PM EST  
Anonymous Anonymous said...

Thanks for the heads up on NCNC. Was looking to buy more of this and forgot.

Fri Feb 16, 03:35:00 PM EST  
Anonymous Anonymous said...

ICE is at HOD! lol

Fri Feb 16, 03:57:00 PM EST  
Anonymous Anonymous said...

so wheres this so-called correction everybody keeps talking about??

ICE ripped me a new one today :(

Fri Feb 16, 04:06:00 PM EST  
Anonymous Anonymous said...

ICE hurt me this week as short too, always difficult to game where a stock stops when it goes parabolic.

Fri Feb 16, 04:10:00 PM EST  
Blogger beanie11111 said...

SNDK: a decent buy near 38.

Fri Feb 16, 04:48:00 PM EST  
Anonymous Anonymous said...

The Gosu=Dwight comment is the funniest thing I've read on the net in some time. lmao

Fri Feb 16, 04:48:00 PM EST  
Anonymous Anonymous said...

The Gosu=Dwight comment is the funniest thing I've read on the net in some time. lmao

Fri Feb 16, 04:48:00 PM EST  
Anonymous Anonymous said...

beanie,
what do u think about LNX?

thanks,
markrat

Fri Feb 16, 05:25:00 PM EST  
Anonymous Anonymous said...

Anon,

I'm glad you enjoyed the comment. I hope you enjoy this too:

http://www.youtube.com/watch?v=HfasCB2qh-E&NR

:)

Fri Feb 16, 07:44:00 PM EST  
Blogger gosu said...

Hey Beanie, do you think NMX is a buy?
See its chart here
It has just moved out of its range of between 120 and 130
It was also just upgraded.
Also, considering what is happening to its competitor ICE, does NMX has a chance of going ICE way?

Fri Feb 16, 08:40:00 PM EST  
Blogger beanie11111 said...

gosu,

NMX i would wait till it breaks above 136.50 to get in. Else, let it correct. Overextended move in the immediate term.

But yes, i do believe it will take out 150 eventually.

Fri Feb 16, 09:10:00 PM EST  
Anonymous Anonymous said...

beanie,
I have accumulated 4000 shares of zvuew @ 1.18, close today at 1.40. I was planning to hold it for a year or until it doubles. Need your opinion. Thanks.

Fri Feb 16, 11:41:00 PM EST  
Anonymous Anonymous said...

Feels good seeing you shorties on ICE crash and burn. This is beautiful. I'm buying more on Tuesday's open. Need to average up before it hits $200.

Sat Feb 17, 02:47:00 AM EST  
Anonymous Anonymous said...

Hi Anonymous,

Bought 500 shares of XING in the 19.00's Friday. Thank you again for recomm. will purchase more when I dump AVIC Tuesday...how far you think the freight train will carry us? Pamfla

Sat Feb 17, 02:58:00 PM EST  
Anonymous Anonymous said...

Can't believe you idiots here are asking for advice from this idiot. He's trying to short stocks and wishing the demise/death for stocks. I'm glad ICE keeps on rocketing, he deserves an ass phuck hard. ICE will rape him all the way to 500 the same way google raped a lot of phucktards.

Sun Feb 18, 01:39:00 AM EST  
Anonymous Anonymous said...

I agree, this beanie weenie retard's advice is going bring you in the house of pain. This is beautiful watching ICE hand you shortie d***'s a new one and yes there is more where that came from :)

Sun Feb 18, 04:02:00 AM EST  
Blogger beanie11111 said...

XING: is now a short. Short it!

19.26

Sun Feb 18, 06:21:00 AM EST  
Anonymous Anonymous said...

Hey both you Anons, why don't you identify yourselves with your stupid posts, so that the rest of us can put a name to the idiotic posts. You're obviously both cowards and morons...if you don't like this blog, there are plenty others. Why do you care what Beanie posts? You're not going to change anyone's opinion, so get lost.

Sun Feb 18, 08:08:00 AM EST  
Blogger gosu said...

I agree...
The Anonymous guys who do not leave their name are cowards , stupids and bunch of idiots...
HEHEHEHEHE

I am making average of 300 dollars a day since I have been following his advice, along with my research.
I just don't follow his recomm. blindly.
Use your brainsPlan your trade and trade your plan.

Sun Feb 18, 09:50:00 AM EST  
Anonymous Anonymous said...

"I am making average of 300 dollars a day since I have been following his advice, along with my research."

Booooyaaaaww.....so you shorted 10,000 shares of ICE and covered when it dropped 30 cents? Good job you moron.

I hope ICE reams all you phuckers up the ass and blasts off like Google to 500. I've heard shit like that before when I bought Google at 180.

Sun Feb 18, 11:26:00 AM EST  
Anonymous Anonymous said...

Pamfla!

Beanie says to now short XING! Didn't you just buy that on Friday? LMAO!!

Sun Feb 18, 01:32:00 PM EST  
Anonymous Anonymous said...

Ouch, pamfla just got beanied.....

Sun Feb 18, 01:40:00 PM EST  
Blogger gosu said...

How about:
BOT EFUT @ 12, SLD @ 22
BOT DIVX @ 17, SLD @ 28
BOT NYX @ 78, SLD @ 106
BOT GS @ 172, SLD @ 206
BOT YHOO @ 24, SLD @ 31

These are just few examples.
Anyway, you coward moron, I first bought ICE at 51, on recomm. by the newsletter I subscribe to.
Click here to see my Long portfolio, which was up 60% for 2006.
Right now I am all cash, just strictly day trading.
And if you were following this blog with open eyes (which I am sure that you were not, since you are blind and toothless with eyes and teeth in your ass),on Friday, Beanie asked to buy NYX @ 86.75 and SLD at 89, , it gave me a nice profit of $600.
I will take that. Thanks.

Sun Feb 18, 01:41:00 PM EST  
Anonymous Anonymous said...

Mr. Gosu
So you're up 60%, whoopy ding. And what's EFUT at now? The plan should be to buy whatever you sell cuz anything you sell will go higher.

You're a short term trader, that means you're very short sighted. It's people like you that are phucking the markets over. You have to sweat like a bitch everyday to make your ends meet. All I need to do is buy and hold while I have a real job.

I prefer the long and strong double income approach.

So far, after 3 years, my latin american and canadian stocks has gone up over 300% while I'm making decent coin in my real job. I don't need to sweat like a bitch over each up and down tick like you.

Sun Feb 18, 02:11:00 PM EST  
Anonymous Anonymous said...

Anyway blogger can block IPs?

-M

Sun Feb 18, 02:33:00 PM EST  
Anonymous Anonymous said...

Guys, Got to stick to what you think is the right thing to do. Ignore, these nutty remarks. It's all about ego. I'm doing well now on my own, but beanie help me a few months ago how to manage my money. Got to ignore all these malicious remarks. I have said so many times, unless one is a psychic, nobody knows the future. Remember, all these disparaging remarks are just distractions. Keep your eyes on your goals; picking the right ones to buy!
Good luck to all long and short traders!

Sun Feb 18, 02:50:00 PM EST  
Anonymous Anonymous said...

Speaking about what's going to be the right stock to buy, does anybody have an opinion on NYX? I am planning to buy at 87-88, would appreciate any input; pro and/or con.

Sun Feb 18, 02:54:00 PM EST  
Blogger beanie11111 said...

lol... i wouldn't worry about the anon bashers. They came from the ICE message boards, and i've been slammin the stock over there. That is to be expected, as they are returning a favor.

Anyways, ICE is no longer a short and it's dangerous to short it from this point on, unless it gaps up on Tuesday and proceeds to go negative. Two things can happen with ICE - it either goes to 200 or it corrects to 125. Tuesday's action will tell.

I thought, wrongly, that ICE would correct like NYX, NDAQ, and ISE, but it didn't. Turns out, ICE is the strongest stock there is right now. So with the market going higher, ICE will likely follow.

Sun Feb 18, 03:37:00 PM EST  
Blogger beanie11111 said...

ICE:

The shorts are hoping for a gap up and then see the stock go negative. And they will short it hard if and when it does go negative on Tuesday.

Because ICE is such a powerful stock, i don't suggest anyone shorting it unless you know what you're doing and have a plan of attack.

Sun Feb 18, 03:49:00 PM EST  
Anonymous Anonymous said...

Beanie do you think XING will gap up tuesday a.m.? Also, how far do you think it will correct? Thanks

Sun Feb 18, 04:03:00 PM EST  
Blogger beanie11111 said...

anon,

i don't think XING is gonna correct that much unless the market correction comes. I'm just calling XING short as a day/swing trade.

Sun Feb 18, 04:07:00 PM EST  
Blogger beanie11111 said...

You know folks? We may actually not get the correction that everyone is expecting, simply because everyone is expecting it.

Sun Feb 18, 04:18:00 PM EST  
Anonymous Anonymous said...

You know beanie...that's exactly what I've been thinking lately.

Sun Feb 18, 04:24:00 PM EST  
Blogger gosu said...

There is now a clear difference between the type of exchanges:
1) NYX, NDAQ and ISE are stock exchanges
2) ICE, NMX, BOT and CME are primarily futures exchanges.

ICE has been on a tear because it is revolutionizing the futures trading. It is going to slowly replace the traders in the pits. Now you can trade cotton futures with the click of an average Joe's computer.
And man! this futures trading is SOOOOO addictive. Just trade one E-mini future and you will realize that trading stocks sucks.
The commissions that exchanges (ICE, NMX and CME) charge for 1 contract is outstanding. The charge is usually around a dollar for 1 round trip.
The volumes have been steadily increasing and they have been astounding as well.

So, my investing theme for this year is going to be:
1) Brokerages
2) Casinos
3) Exchanges

Sun Feb 18, 07:20:00 PM EST  
Anonymous Anonymous said...

What is THE best charting software that anyone has used? How would you rate stockcharts.com?

-M

Sun Feb 18, 08:00:00 PM EST  
Blogger gosu said...

Have you tried Telecharts/
And I am surprised Beanie never tell us what broker or software does he use.
It looks like the guru keeps some secrets to himself :-)

Sun Feb 18, 08:04:00 PM EST  
Blogger NULL said...

I am using Telecharts now and I am not too impressed. I am not a power user but I didnt see all of the standard indicators built in.

-M

Mon Feb 19, 12:15:00 AM EST  
Anonymous Anonymous said...

Hi Board and Anonymous,

Wow, Beanie's recomm. a short on XING. All this talk about ICE & Goshu, you have done well in the market..Beanie's has a good board and Anonymous, bought 500 shares around 9.15. I will atteempt to buy more on Tues. Pamfla

Mon Feb 19, 12:20:00 AM EST  

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