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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!

Wednesday, February 14, 2007

NVDA: short it once it goes negative!

NVDA closed @ 34

We have seen what happened to stocks like MA and NDAQ after earnings when they disappoint one way or another. Same with NVDA.

Pay attention and watch what happens to NVDA this morning. The best thing for the shorts is that the stock gaps up and proceeds to go negative. You then short it for a daytrade/swingtrade.

You can also purchase feb puts near/in the money. But play small with options, please.

83 Comments:

Blogger gosu said...

Alright, shorties! Reload your guns

Wed Feb 14, 08:18:00 AM EST  
Blogger Alok said...

beanie what about exel, wasn't the earnings a disappointment, can that be shorted as well.

Wed Feb 14, 08:22:00 AM EST  
Blogger Alok said...

Gosu, what you do mean reload for shorts, the mkts all over the world were positive, i was thinking of covering my shorts today for a loss. tell me why you think we will be going lower today. Aren't the futures pointing to a positive open?

Wed Feb 14, 08:23:00 AM EST  
Blogger beanie11111 said...

alok,

yes i think EXEL can be shorted as well.

Wed Feb 14, 08:36:00 AM EST  
Blogger gosu said...

That is true Alok.
But I have been looking for some good short candidates.
However, I will be a buyer of
Bear Sterns (BSC) - updated price target from 172 to 190, stock closed at 160
Also,
MGM, I will buy on any dips.

Wed Feb 14, 08:47:00 AM EST  
Blogger beanie11111 said...

I can't tell ya how important today is gonna be as Ben speaks. It will determine whether we gonna get the correction we've been looking for or it could slaughter the bears once again.

Wed Feb 14, 08:51:00 AM EST  
Blogger gosu said...

What happens, I just want high volume. I am tired of low volume days.

Wed Feb 14, 08:59:00 AM EST  
Anonymous Anonymous said...

Beanie, you think NUAN can be shorted here?

Wed Feb 14, 09:10:00 AM EST  
Blogger Alok said...

i'm so scared to be in the mkt right now, i'm thinking of liquidating all my positions till big ben speaks. one slap in the face by ICE has brought me to my knees :(

Wed Feb 14, 09:15:00 AM EST  
Blogger beanie11111 said...

die NVDA die!!

Wed Feb 14, 09:42:00 AM EST  
Anonymous Anonymous said...

If you're holding XING today you should have a big smile on your face! :)

Wed Feb 14, 09:59:00 AM EST  
Anonymous Anonymous said...

What about ICE?

Wed Feb 14, 10:05:00 AM EST  
Anonymous Anonymous said...

Beanie whats your thoughts on AAPL today? You still shorting?

Wed Feb 14, 10:10:00 AM EST  
Anonymous Anonymous said...

NVDA make me say ouch

Wed Feb 14, 10:12:00 AM EST  
Anonymous Anonymous said...

we`re still getting slaughtered on ICE! when do we cover beanie??

Wed Feb 14, 10:16:00 AM EST  
Anonymous Anonymous said...

I love the smell of shorties burning in the morning.

Wed Feb 14, 10:28:00 AM EST  
Blogger Alok said...

a very bad day to be short, i got out of all my shorts today, wish i'd pulled the trigger yesterday but oh well live and learn.

Wed Feb 14, 10:32:00 AM EST  
Blogger Alok said...

anyone going long airline stocks with oil going down shouldnt they be heading higher?

Wed Feb 14, 10:34:00 AM EST  
Anonymous Anonymous said...

Anon, why would you be making fun of someones loss? you are sick dude please go somewhere else. u dont have to be on this blog you know.

Wed Feb 14, 10:35:00 AM EST  
Anonymous Anonymous said...

ICE is now at 154!! I strongly advise all those who are shorting it to cover NOW and DON'T wait for Beanie!

Take it from someone who knows what he's doing!

Wed Feb 14, 10:39:00 AM EST  
Blogger beanie11111 said...

wow, Benanke killed the bears?

We'll have to see how the market closes today.

Lot's of traders bought put options lately and they all got sliced and diced.

I don't believe the bulls have won just yet. Let's see how it closes.

Wed Feb 14, 10:42:00 AM EST  
Blogger TV107 said...

any comments on NEW/LEND today?

Wed Feb 14, 10:45:00 AM EST  
Blogger gosu said...

Well, I think Beanie did tell everybody when he covered his ICE short

beanie11111 said...

ICE: already covered a big position
Fri Feb 09, 01:23:00 PM EST

Wed Feb 14, 11:09:00 AM EST  
Blogger Alok said...

stop the bickering, now give us ideas on how to make money :)

wtf, one bad call and suddenly the whole board has gone negative get over it guys. move on, look forward to other trades. there are so many of them.

Wed Feb 14, 11:24:00 AM EST  
Anonymous Anonymous said...

You are right Alok!

My ZONS is up another 5% today. Those who bought should have huge smiles on their faces! :)

Wed Feb 14, 11:34:00 AM EST  
Blogger beanie11111 said...

ICE is cracking somewhat. I still have my short positions established after feb 9. Have not covered yet. I don't wanna cover (yet) when the market is this high. These are just March puts that i've been adding a little at a time on the way up. (Not recommended! lol)

Wed Feb 14, 11:34:00 AM EST  
Blogger gosu said...

This comment has been removed by the author.

Wed Feb 14, 11:39:00 AM EST  
Blogger beanie11111 said...

Today may actually turn out to be the short term top for the markets.

Wed Feb 14, 11:52:00 AM EST  
Blogger gosu said...

That would be a dream come true for me.

Wed Feb 14, 11:54:00 AM EST  
Blogger beanie11111 said...

NVDA: the short may still work

Wed Feb 14, 11:56:00 AM EST  
Blogger beanie11111 said...

NYX is now a long!!

Wed Feb 14, 12:06:00 PM EST  
Blogger Alok said...

nooooooo not yet, i've just gone long NWACQ to make up for my ICE losses and i'm doing very well. all i need is another 10 cents :) maybe today maybe tomorrow now that oil is going down i expect airlines to do well.

Wed Feb 14, 12:08:00 PM EST  
Blogger Alok said...

thanks for the tip beanie, NYX looks like a great buy here.

Wed Feb 14, 12:13:00 PM EST  
Anonymous Anonymous said...

Wow NYX,the reversal reversed.

Wed Feb 14, 12:40:00 PM EST  
Anonymous Anonymous said...

No maybe that was the pullback to get long

Wed Feb 14, 12:50:00 PM EST  
Anonymous Anonymous said...

HEY BOARD,

I'M back...lost this site on my desktop. Stored on labtop...What's going on Beanie...
Been buying XING and shorting not bad fishing check it out

Pamfla

Wed Feb 14, 01:21:00 PM EST  
Anonymous Anonymous said...

You bought XING pamfla? Nice! You must be smiling ear to ear! :)

Wed Feb 14, 01:27:00 PM EST  
Anonymous Anonymous said...

Shorting BOOM.

Wed Feb 14, 01:32:00 PM EST  
Anonymous Anonymous said...

Welcome back Pamfla!

Since you were last here, I recommended XING, XNN, and ZONS which are all up hugely today! Resulting in lots of happy smiles!! :)

Wed Feb 14, 01:39:00 PM EST  
Anonymous Anonymous said...

SHORTING THE SHIT OUT OF BOOM> Volume dried up. The run is done. im in whole hog

Wed Feb 14, 01:46:00 PM EST  
Anonymous Anonymous said...

beanie
question for you
u say CRM is a great sock.,im in at 47 and plan to hold 6months
but...the q is here
it has risen up so much in 2 weeks

do u think there will be a selloff on earnings?
cheers

Wed Feb 14, 01:47:00 PM EST  
Anonymous Anonymous said...

Anonymous

Yes, been playing with XING since mid 15.00's. Sold all at 18.00, now what?? Should stick
and stay but margin calls...Have like 5 to 6,000 to play with,
Pamfla

Looking to reenter someting today...

Wed Feb 14, 01:53:00 PM EST  
Anonymous Anonymous said...

BOOM short is working for me down to 31.89. Holding until 31. Will cover there.

Wed Feb 14, 01:54:00 PM EST  
Blogger beanie11111 said...

Looks like ICE could end negative today

Wed Feb 14, 02:13:00 PM EST  
Blogger beanie11111 said...

ICE is a short. Die ICE die!!

Wed Feb 14, 02:16:00 PM EST  
Blogger Alok said...

oh my, two 100 day moves, nothing looks weak to me despite the 76% numbers and everything. maybe the correction just happened (the 3 down days hahahaha) .

Wed Feb 14, 02:22:00 PM EST  
Anonymous Anonymous said...

IMOT.OB and WTVI.PK????

Wed Feb 14, 02:25:00 PM EST  
Anonymous Anonymous said...

What's your average price approx. on your march 150 ice puts?

Wed Feb 14, 02:38:00 PM EST  
Anonymous Anonymous said...

beanie your take on IMOT.OB and WTVI.PK

Wed Feb 14, 02:48:00 PM EST  
Blogger beanie11111 said...

NVDA is dying. wheeeeeeeee

Wed Feb 14, 03:00:00 PM EST  
Blogger gosu said...

Anyone take my call on BSC this morning? Up 3.25%. Not bad for a Mega Cap.

Wed Feb 14, 03:02:00 PM EST  
Blogger beanie11111 said...

Hold your NVDA shorts or puts. This pos is going down tomorrow, hard.

Wed Feb 14, 03:02:00 PM EST  
Blogger gosu said...

This is very very frustrating. Very Unimpressive volume
Only 1.1 billion shares NYSE>
Usually it is above 2 billion shares.

Wed Feb 14, 03:05:00 PM EST  
Anonymous Anonymous said...

What about NYX beanie? buy sell or hold?

Wed Feb 14, 03:10:00 PM EST  
Anonymous Anonymous said...

Beanie,

What do u think about FFHL? IPO is on the rebound?

Wed Feb 14, 03:11:00 PM EST  
Blogger beanie11111 said...

I already sold my NYX long

Wed Feb 14, 03:12:00 PM EST  
Blogger beanie11111 said...

ICE march puts:

i still own it.

Wed Feb 14, 03:12:00 PM EST  
Blogger beanie11111 said...

In a big up market like this and you see NVDA negative it means this pos is weaker than a girly man. Going down hard by friday close is what i think.

Wed Feb 14, 03:13:00 PM EST  
Blogger beanie11111 said...

Once ICE goes negative, you can press your shorts.

Wed Feb 14, 03:15:00 PM EST  
Blogger beanie11111 said...

NVDA feb 35 puts, you can buy. But buy small please.

Wed Feb 14, 03:16:00 PM EST  
Anonymous Anonymous said...

FFHL is a chinese IPO. Looks promising?

Wed Feb 14, 03:18:00 PM EST  
Blogger beanie11111 said...

MA wow. Markrat probably wants to pull his hair out. lol

Wed Feb 14, 03:26:00 PM EST  
Blogger beanie11111 said...

man, Cramer is pumping the markets again. What a pig. lol

Wed Feb 14, 03:28:00 PM EST  
Anonymous Anonymous said...

BOOM wont crack.

Wed Feb 14, 03:28:00 PM EST  
Anonymous Anonymous said...

NVDA puts look juicy

Wed Feb 14, 03:47:00 PM EST  
Anonymous Anonymous said...

New low nvda, nice call

Wed Feb 14, 03:50:00 PM EST  
Anonymous Anonymous said...

Board,

Just in case someone is interested.....I found this in another board but its from JSPADE.

AVCI: he has this as a strong buy
target 10-11$

Wed Feb 14, 03:53:00 PM EST  
Blogger beanie11111 said...

Alrighty, see ya tomorrow!!

Wed Feb 14, 03:56:00 PM EST  
Blogger gosu said...

HOLY SMOKES NTRI UP 20% after hours

Wed Feb 14, 04:20:00 PM EST  
Anonymous Anonymous said...

Buy MED on NTRI earnings!!!!

Wed Feb 14, 04:22:00 PM EST  
Anonymous Anonymous said...

Anonymous,

Thank you for posting AVCI!!!!
Thank JSPADE also if you can.

Can you post where you got his post from. I use to follow him but he stopped posting here.

WOW!!!!!!!!!!!!!!!!!!!!!!!!!
GO AVCI GOOOOOGOOOOOOOOOOO

Wed Feb 14, 04:34:00 PM EST  
Anonymous Anonymous said...

Anonymous

also did JSPADE mention when he thinks AVCI was going to $10-$11?

thanks in advance

Wed Feb 14, 04:41:00 PM EST  
Anonymous Anonymous said...

I'm glad you bought AVCI!!!!!!
I guess we are the only ones.
Actually, I didn't read the post. One of my friend told me about it and passed the info to me. I will find out and let you know. All i know is that he said it will go to 10$ easy.......


now I wish i bought more.

Wed Feb 14, 05:04:00 PM EST  
Anonymous Anonymous said...

NYX news

http://sec.gov/news/press/2007/2007-21.htm

Wed Feb 14, 06:33:00 PM EST  
Anonymous Anonymous said...

I am not impressed with your predictions this year, I find they are often incorrect. While the overall markets are overbought this rally will continue to a slow rise of dow 12,900. You heard it here. My picks are CREE, and JADE currently at $8.28 (target price $12) and CREE currently at $16.83 (target $22) I will check back here in one month and refer to this post.

Wed. Feb 14th, 2007, 7:14 PM.

Wed Feb 14, 07:15:00 PM EST  
Anonymous Anonymous said...

thanks for telling us about AVCI. i see its up big in AH so i loaded up at 8.28 because we have a winner here!

Wed Feb 14, 07:22:00 PM EST  
Anonymous Anonymous said...

AVCI: I bought some at 7.50 as soon as I saw the post. I have bought some of JSPADE's recommendation and its done ok.

I wish he would post here again. I always enjoyed reading his post

JSPADE...just in case you come by and read the post, just wanted to say thanks.

Wed Feb 14, 08:09:00 PM EST  
Blogger beanie11111 said...

If we gonna get a correction, tomorrow would be the perfect time to start.

Wed Feb 14, 08:14:00 PM EST  
Blogger gosu said...

How about betting a burger that the correction starts at 10 AM EST?

Wed Feb 14, 08:30:00 PM EST  
Anonymous Anonymous said...

lol-Can the two of you afford a burger at this point? Maybe you should bet some of the condiments like the ketchup or mustard packets. In all seriousness though I think a blind monkey could call a down day tomorrow. Friday will be the interesting day.

Wed Feb 14, 08:52:00 PM EST  
Blogger gosu said...

You have no idea. Beanie is a very rich man.
I am sure his profit for one day is more than your total portfolio.

Wed Feb 14, 10:06:00 PM EST  
Blogger beanie11111 said...

The longer trend of the market is up up away. I said last year that 2007 will be a great year, led by technology. I still believe that. THIS WILL BE A POWERFUL YEAR WHERE THE DIEHARD BEARS WILL BLEED TO DEATH!!! Tell your bear friends to wake up and smell the coffee, for they will become barbeque for the longs.

Although the bears really desperately need a short term correction to get out unscathed, this correction will be very short lived if we get one. I would like to see a correction as well to load up on stocks. We may or may not get it, so don't be a chronic bear.


Also, be sure to grab yourselves 100 shares of CRM and 500 shares of EXEL (although i like CRM more) and hold it for a few years. That 100 shares of CRM could become 1600 shares in 5 years. jmho

Thu Feb 15, 12:37:00 AM EST  
Anonymous Anonymous said...

LMAO @ U !!

Thu Feb 15, 08:09:00 AM EST  

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