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!
posted by beanie11111 | 8:23 AM
155 Comments:
Buy shares today?? What about the tech meltdown?
Oh boy, I so looking forward to this correction if it does take place. for the first time in my life i'll be on the right side of the trade with some cash and shorts :)
Last year i made a huge loss on SAY, now i'll just wait for all the madness to end and jump in it with all my buying power and make it all back. WHAT noooooooo you say lol, alright alright, i wont do anothre MARKTHERAT move, maybe just 50% :) best of luck guys the new few weeks are going to be tough.
gosu,
I'm not saying to buy today. Just when you feel the time is right, and possibly after the correction.
AAPL: do you got the gonads to short AAPL right here at 84.60 on a Citicorp upgrade?
NYX: This stock is still a short and should see the 80's pretty soon.
beanie what do you think about ICE, where do u see it going from here?
Someone please list some short candidates for this week, thanks.
alok,
ICE can go either way today. It's a short below 147.50
i dont know if anyone cares for my picks but since you asked i'll give u mine,
HWAY, RY and WFMI - if it heads lower
ZOLT - it think this is done moving up, its has covered the huge gap down it had a few weeks back.
IIF and IFN - indian ETF's since the indian mkt closed 2.5% lower yesterday.
Here's something to start the day:
http://www.youtube.com/watch?v=Cfbt4buKshI
lol. die NYX die AAPL
NYX got support at 90. Wait for the bounce to short again
I think ICE can be shorted here 148.70. As long as it stays below 150, you're safe with the short
ICE could eventually get its teeth knocked out
beanie, i'll buy you a burger if ICE gets its socks knocked off. i entered that short on your tip on friday :)
IVAN & CTEL are going...
yaaaaahhhh go beanie go, ICE is making my day. I'm short on SAY toooo
NYX is oversold immediate term. 88.70
YAPEPIEIEIEE
I am short big time HXM, MGM and LVS.
YESSS!!!
So, who wanted technical analysis that the market is going down?
I LIKE MOVE MOVE IT
I LIKE MOVE MOVE IT
MACACCCAAA!!! YAPPPEPIIEEE
GOSU
http://www.realhedgefund.com
Holly mother of all COWS, look at VSL and MTE, to indian ADR's have fallen more than 8% today.
beanie and co. i'm new to this blog, but have been reading for a short while. good stuff! you wrote the other day TIE was a short. still think so, I was looking at TIE or RMBS. comments anyone?
OK. Covered my shorts.
YAPEPIEIEEE
If you're holding XING you should have a big smile on your face this morning! :)
Beanie, where do you see ICE going to?
Beanie, You think goog has bottomed?
who's the anon that always says we should "have a big smile on our face this morning?" That guy is more than annoying! haha
anonymous,
hahahahaha i was JUST going to say that.....
i'd have a huge smile on my face if you stopped posting about huge smiles....also sign your damm name!
-markrat
I already went long on NYX at 88.70
NYX not out of the woods until 89.50
AAPL can be shorted again here 84.48
I know that this is a very risky play, but Northwest seems to be turning after having fallen HUGE in the last few days - NWACQ (im not in it, this is very risky)
DIE ATI DIE!!!
if you had NWACQ this morning you should have a smile on your face :) hahaha just kidding won't do it agian.
and please don't misinterpret it, i was not posting about XING, i always sign my name. that is some other sick dude or gal or whatever
So, who wanted technical analysis on why the markets would go down?
TRMM is making a big volume move out of its recent base.
TRMM received a upgrade to buy with a raised price target this morning to assist this move.
By the way, I own the stock from Beanie's recommendation and I have a rather huge smile on my face.
Thanks Beanie!
Volume dried up completely. Any idea anybody?
Are they going to wait again till the lunch hour to dump?
Is ben speaking today?
MA down big time again today.
MarkTheRat - hope you're feeling better about dumping MA on Friday. You should have a big smile on your face, when your see the drop today.
On a side note, RVBD really got crushed last week.
thanks andrew,
yeah, but i would never hold a monster position like that overnight with a stock that just fell 10% in one day......if only i shorted that bitch!
-markrat
I've made some of the same mistakes that you have. I'm sure everyone has......
gosu posted a really informative yahoo chart last Friday that everyone should check out.
http://finance.yahoo.com/charts#chart1:symbol=ma;range=3m;indicator=bollinger+sma+volume;charttype=line;crosshair=on;logscale=on;source=undefined
You can check any stock with this. It just might benefit you when your debating about pulling the trigger.
beanie and guys, HELP QUICKLY. NTRI is tanking fast, i've been short on this sucker and need to know when i should cover. right now i've placed a preliminatry order at 42.27 but any suggestions from you experts will be appreciated.
ICE, cover?
AAAAAAAAAAAAhHHHHHHHHHHHH too late now, my price just got hit. lol oh well.
Mark how you holding up today?
alok,
pretty shitty! I think i would make a TON of money if i did the OPPOSITE of what i do all the time....shorted ICE, went up......covered...bought long, now this bitch is going down......overall for the day i'm even but .....a gain would be nice.
how about you...making $?
-markrat
i've been very fortunate today. NTRI held the short for 3 days made a measily 150 bucks. cant believe my luck on NTRI, i had placed a cover order at 42.27 and that has been the low of the day so far :)) very pleased w myself on that one.
SAY i shorted at 23.3 so just a few bucks there
i'm still holding the ICE short from FRI i think this will go down with the mkt in the next few day, will cover when its say around 140.
Marktherat,
Please have this as your rule:
Never touch a stock for a day trade, if you already made profit from it during the day
MOVE ON TO OTHER STOCKS.
ICE is headed down some more. Take 1/2 profits if you like, but it's going down is my opinion
I was so scared of putting my hand in NWACQ, that sucker is up 12% right now.
and who ever had a smile cause of XING, i bet your not smiling now.
If i'm right about ICE, it could see at least a 20 point drop from these levels within the next 2-3 weeks. Do you believe?
I am with you beanie on that...shorted the sucker at 152, out half at 146.
Will ride the remaining to 135.
mark,
may i interest you in a 500 share short on ICE for a swingtrade? lol
what is the short version of QQQQ i can't find the symbol
beanie,
u think ICE is a short at 146 here?
-markrat
mark,
yes i do. Short 1/2 now and see if it gets weaker later today. If so, short the other 1/2
Doesn't look like the market is gonna rebound. If it wanted to, it would have done it by now.
I LOVE YOU BEANIE!!!
ICE:
once it gets below 144.50, not only will it get its teeth knocked out, it'll get its brains knocked out as well.
Hey Mark, i have a feeling that if you hold on to your shorts till the end of the day you should make some good money. somehow i have a feeling that the mkt will get weaker after lunch.
Beanie thanks for the tip, i think i'll hold on to the ICE short longer.
Alok, I would suggest you cover at least half sometime soon.
Still smiling over here about XING aklo! Thanks :)
As long as you folks take 1/2 profits, there is no need to worry about your other half. You simply cannot lose.
Alot of stocks are immediate term oversold. So if we get a bounce, it shouldn't be any surprise.
QID is the cube short...
Gosu, thanks for the tip. Are you out of ATI yet or still holding on. remember its a very strong company and has been in a strong uptrend.
Out of ATI, my immediate target in a day is 1%.
short at 97.8, cover at 96.8
Right now I am only short
1/2 original ICE
1/2 original HXM
OOOOOOOOOOO ANON war of the XING now, bring it onnnn. lol just kidding i wish you the best with your XING holding. Although I think you've seen your top for the timebeing. i think XING will end in the red today.
Beanie, can you please clarify your statement about the market being oversold (intermediate), you have me SCARED OUT OF MY SHORTS :)
what is your time frame, i mean we havent even started a correction yet, how can stocks be oversold already?
alok,
what i am saying is that it could bounce a little bit, allowing the shorts to reload.
but we going down is what i think
Well then you should short XING if that's how you feel Alok. However, I must warn you that many shorts have already been burned badly over the past couple weeks by XING. Good trading! :)
ICE:
i dont think you should be scared out of covering unless we trade above 148.
Short it.
Beanie OPBL.OB? i sold at 7.00 now at 7.80 should i buy back run up on news from NMX.
elmyko1
Is OPBL still a buy here
Or is it gone too high now
Should I wait till it comes back down
Innerstruggle
The exchange stocks should be shorted rather than going long. They remind me of what happened to the commodities last May.
WOW BEANIE WOW.
You and I exactly think the same way at the same time...this time atleast.
I put in orders to short
NYX, ISE, NMX, CME, BOT and NDAQ on any rises.
I am already short ICE.
ICE:
Get ready to short more or buy some feb 150 puts if it trades below 145.50
ANON i am not going to short XING, i would be outta my mind if i did that. its seems to be so strong right now. just if i'd had it i would have sold some or all at this price. BOL w your holding, who knows with the falling OIL prices the mkt might find new legs.
OPBL.OB isnt an exchange though
elmyko1
gosu,
cross our fingers and hope to be right so we can make a HUGE BUNDLE
ICE: i mean march puts. feb ok but i like march more
ONXX baby!
AAAHHHH what is wrong with ICE, just doesnt stay below 146 consistently. making me itchy
So beanie your saying i should short OPBL.OB
elmyko1
AAPL:
looks like a short near 85
AAPL: short it!
die ICE man die!!!!!!
Cramerites got Cramerized! lol
Shorts have reloaded. Fire down below! lol
beanie, should i short some more ICE today for a 140 tgt?
SHORT EVERYTHING ON YOUR WATCH LIST
SHORT SHORT SHORT
alok,
yes alok. Short everything. And if you're girlfriend is wearing a skirt, short that too! lol.. jk
timberrrrrrrrrrrrr
HOld your shorts!!!
beanie, i'm going to tell my gf that you said that about here. she is 250 pounds so if you see someone running in the street behind you tomorrow you'll know why..... consider this amply warning :)
Countdown to ICEman's brains about to be knocked out!!!
roflmao Alok!
and why didn't you tell me to hold on to my NTRI short, see how much money i'm losing now. :) just kidding.
ICE:
Once that 144.50 breaks, it's going down fast and furious.
Please be in by now and not later.
thats nice beanie, cause my gf if bawling here. she is inconsolable, look what you've donnnnnnnnneeeeee to me. and that too just before v'day. now i definitely know i'm not going to get lucky. i hope she sits on you and squashes you flat tomorrow (and has a burger while she is sitting on top of you, the one that you still owe me)
mark, you've been very quite today whats happening
gosh, i hope Mark held his ICE short.
me too, i want to see him here for a long time.
thanks for the ice call, finally i'm making some serious money.....
alok,
when i'm quiet, it is better...because when i'm posting a lot it means i'm losing tons of money.....just about even for the day still......i'm happy...was down about 350 earlier today.
-markrat
i bought 1,000 ONXX at like 22.6.... sold at 22.4.....it is now at 24.29....am i a genius or what? LOL
-markrat
*lack of patience screws me again!*
that was me.
-markrat
ICE ICE babY!!!! Yeah, thanks beanie
alright mark then shutup and make some money today, you have 2 hrs.
and sorry for saying this but same mistakes again. work on it dude
SHORT EVERYTHING ON YOUR WATCH LIST
SHORT SHORT SHORT
ICE:
There's a chance it could see 110
ICE is the mother of all shorts
NDAQ
GEM OF A SHORT
DIE ICEDIE!!!
ICE
CME
BOT
NDAQ
NYX
All good shorts...making me green!!!!
holy shit, i wish i had your skill beanie, i'm sure your making a killing today.
ICE has fallen 3 dollars in the last 1 hr. damn thanks again
What would be a good price to cover ICE? Or is it good to hold overnight for short or immediate term?
BEST DAY FOR SHORTS.
LONG LIVE SHORTS
MACACACACA YAPPEEPIEEEEE
ANON i am holding for the short term. as beanie said this could see 110, its not going to fall to 110 in one day. i'm not sure about the 110 tgt but i'll definitely want to see it go below 140 before considering to cover my position.
anon,
Don't cover ICE too soon. Do it maybe thursday or friday
wow ICE just took out its low of the day, this will definitely head lower today. any guesses on where it will close.
Please help me find the guy who wanted technical evidence of the pending market correction
I see Mr. Smiley Man's XING, ZONS, and XNN are all DOWN today! I bet that wiped the smile off his smug face.
LOL!! LOL!! LOL!!
Good one Anon! :)
i tried to warn him but.... i hope he got out, he's made a killing in XING by now. i don't see a reason for him to not be smiling, so what if its down 1% today.
please help shorted 50 shrs. ICE at 146.00. would you short more at current levels (144.00) and if so how long would you hold? pls., any advice would help .
ski.
SKI you asked exactly what i wanted to ask, you and i think so much alike, atleast today it seems :)
I would limit orders, sell
25 ICE at 141
25 ICE at 139
That would be a profit of 300 dollars.
I mean cover (instead of sell)
Beanie, can you talk a bit about why EXEL is a buy in your opinion? Hold through earnings tomorrow?
thanks for the advice GOSU.
hey ALOK, i guess brilliant trading minds think alike(lol!). anyway, i'm new to this board and hoping i can have some fun with you guys and make a little money,too! good luck to all. SKI
HMM...SOME SHORT COVERING RALLY
hahahaha SKI briliant and me hahahaha, you know my briliant mind made losses last yr on one acount when the whole world was making a killing, even the S&P was up 15% :)
this year has been different though so far. welcome to the gang.
Anyone got any info on IMOTE.OB????
elmyko1
Mark speak up, whats going on in your world
shorted AAPL at 84.45, holding tight for now getting itchy at these levels (85+). opinions anyone? ski
Beanie, you think NYX is a buy here? TIA
shooting myself over ONXX. so funny that i sold for a loss when it's at 25 now...
-markrat
IMOT.OB sorry no E in there
elmyko1
ICE ICE BABY!!! melting again as we speak!!!! ski
anon,
NYX is not a buy yet
I doubt we are done with the correction, and definately not in the Exchange stocks.
AAPL is a good swing short near 85
dont worry mark, you'll get other opportunities. get working on your TA.
Look at the exchange stocks! Lookin so impotent with not a shred of rebound.
i am so pissed at having covered NTRI so soon. i could have probably held it till tomorrow with this weakness. oh well, now i'm banking on ICE, seems to have stalled at 144, is bouncing around right now.
Profit is profit Alok.
Pat yourself on a good job.
Don't worry about covering yourself too soon. You will lose big time, if you become greedy.
Same goes for brokerage stocks,
Goldman Sachs
Bear Sterns
Lehman Brothers
Merill Lynch
Morgan Stanley
Look at their charts here
They are all ripe for shorts.
GOSU, i know what you mean, i've been there, done that and learnt my leason well. infact i have a post it note on my wall in my bedroom saying in big letter 'DON'T BE GREEDY'. i get up everyday and look at it before coming to work. i am very happy with my small profits trust me, that is exactly why i covered NTRI. i believe i can no longer pick the tops and bottoms, i am very content with playing in the middle.
did you do well today?
Oh yes, thanks.
Shorts on ICE, NDAQ, BOT, CME, BSC and LVS worked well.
beanie, I repsonded to you in the "NYX smakdown" thread.
Rambo
grow down around 40.00 level... bought some pre earnings and nearly lost my lunch on that rollercoaster ride!! anybody watching this and any thoughts on when to maybe get back in? SKI
GROW went from a 12 dollar stock to 72 in 9 months.
Now it has lost about 50% of its peak value in about a month
I will wait for this correction to be over before I get in to a volatile stock like GROW.
But I think the recent buyout of IFIN signals that GROW may also be a buyout target.
One look at this chart will tell you the difference between GROW and its competitors
Click here
SKI, i agree with GOSU, GROW is making lower highs and worse it took out a strong base it had fromed a few days back at 41.81, it should head lower for the next few days. i would suggest that you wait till the madness is over.
thanx for the feedback guys! currently holding short positions only, AAPL,ICE. good luck to all. SKI
HEY ANON YOUR STUPID XING WAS DOWN TODAY! WHERE IS YOUR SMILE NOW BITCH!
LMAO @ U!!!!
Hey SKI, please dont take my word, i dont know JACK :) lets hope beanie replies to you, though he might be done for the day. i'm sure he had a damn good one today with all his short predictions coming through.
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