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Beanie11111

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Location: USA

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!

Friday, March 30, 2007

Pretty good earnings results for ethanol producer USBE!

USBE closed @ 12.28 on Thursday.

I've alluded to this stock yesterday. It has a good chart that closed above the 50dayMA. It should gap up this morning.

Ethanol for fuel is here to stay, whether oil tycoons like it or not.

USBE is a good longer term play when the alternative energy sector really takes off. PEIX is another great ethanol play.

Wednesday, March 28, 2007

Lookin very sunny out there for SPWR!!!

SPWR closed @46.81

SPWR is expected to make about 670 million in revenue this year and $1 profit/share. That is phenomenal growth.

2007 could turn out to be a great year for growth stocks. We are already seeing them being rewarded (i.e. JSDA, SMSI, FSLR, SPWR, GIGM, etc).

I am putting a price target of $90 on SPWR by year end.


Longer term play.

Drink your Jones Soda (JSDA)!!!

JSDA closed@ 22.20

Granted, the stock is overbought immediate term but it's one of the best stocks out there with a tremendous upside and little downside. If you're scared of this market and the crazy housing sector and just don't know what to do, park your money at JSDA (and park even more on any dips)!

That's my humble advice to you and it may turn out to be the best advice.

I'm putting a $50 price target by year end.

Tuesday, March 27, 2007

I am now slapping FSLR with a new price target: $170

within 2 years or less. My initial target was $70 and it looks like it will be reached very soon.

FSLR closed @57.01

Incidentally, a Bank of America analyst just initiated coverage on FSLR with a $72 price target.

I still believe alternative energy will lead the next bull market, because i don't see anything else. Everything else looks already played out. Solar technology and alternative energy technologies in general are disruptive.

Other solar companies that are profitable include SPWR, TSL, STP and WFR.


Sunday, March 25, 2007

Fund manager claims ICE is the next ENRON,

but in a good way.

Come to think of it, he's probably right. ICE's business isn't that much different from Enron's with the exception that Enron management were fraudsters.

The worst that can happen with ICE is that it drops to $90 in the midst of a correction. If it gets there, back up the freakin truck!!!

Friday, March 23, 2007

FSLR going to $70!!!!!!!!!!!!

FSLR now trading @ 59.45

Just broke out of a cup and handle on the 30-minutes chart. If it can hold above 59, it should go higher.

WFR and FSLR are my favorite solar plays.


Thursday, March 22, 2007

Solar STP is now a buy!!!!!!!!!!!

STP closed @35.86

Technicals are good for at least a rally to $40 in the short term.

Solar stocks are en fuego. There is a fundamental change in the solar cells technology landscape that makes solar stocks a great investment. Achieving grid parity (solar power to be competitive to current electricity) is almost a certainty within the next 4-5 years (i.e. FSLR claims they could achieve grid parity by 2010-2012!).

I like FSLR, WFR, STP, SPWR, and others that will certainly go public in the not too distant future.

Short/longer term play.

Wednesday, March 21, 2007

ICE ready for a comeback!!

ICE closed @129.89

This stock has bottomed and is ready to rip roaring back.

Buy buy buy!

Short/longer term play.

Tuesday, March 20, 2007

ENER: the next Microsoft?

http://www.eco-web.com/editorial/000201.html

ENER closed @33.92

Technicals are looking good. Alternative Energy sector will become hot in the next few years.

Short and longer term play.

Sunday, March 18, 2007

RIMM about to get reamed?

RIMM closed @134.49

Unless they upgrade the stock, RIMM will likely fall. From a technical perspective, there was a big reversal on Wed but there was no follow-thru; instead it was met with total undecisiveness on Thursday and today.


RIMM in the last two weeks closed slightly below the 10dayMA, but never above that line. The 10dayMA also crossed downwards below the 20dayMA last week, and is now on its way to the 50dayMA.

If it looks like RIMM will closed above the 10dayMA then i'll re-evaluate. Otherwise, RIMM is a short. Short it on any rise to 136-137 area (and take profits on the way down to 134) until it really craters.

Friday, March 16, 2007

Red Alert: buy QQQQ May puts (42?)!

QQQQ closed @ 42.89

We are getting very close to a market meltdown is my opinion.

Why not protect yourselves (and perhaps profit some) when and if all hell breaks loose? The May QQQQ puts should allow you to sleep better at night and can make you a bundle if we get the devastation scenerio.

Buy first thing friday, and buy some more if the QQQQ's continue to go higher.

I do not think the correction is done yet. Many of the major worries are converging right now that can potentially cause a severe market crash. I think it will be short term though, because if it gets too severe, Ben Benanke will come in and save the day by quickly lower interest rates. Don't get too gunghole with those puts just yet until the smackdown really happens, but do add some as we go higher.



Thursday, March 15, 2007

Again, solar stocks are the places to be.

FSLR
TSL
SPWR
STP

and several others.

Longer term plays.

Wednesday, March 14, 2007

RIMM about to lose its pearls!!!!!

RIMM closed @ 133.28

Any bounce on this stock can be shorted. A break below 133 should send this stock on its way to 120.

The negative chart indicators are now converging to make this a really good short.

April puts can also be bought. Let's hope for a morning bounce for entry.


Swing trade.

Tuesday, March 13, 2007

The ICEman is waking up!

ICE closed @ 134.45

The stock has short term bottomed very likely and is ready to get a real bounce.

Any morning dip can be bought.


Day/swing trade.

Monday, March 12, 2007

Go green with FSLR!!!!

FSLR closed @ 52.06

Cramer had been pushing this solar stock due to their ability to reduce cost of solar energy.

After doing more due diligence on the company, i like this stock and have already accumulated a position.

Recently, a former Intel executive was hired as president to run the company.

A major reason why i am making FSLR my favorite solar play is because the Waltons (as in the family that owns Walmart) have a huge investment in this company, owning over 26 million shares.


Longer term play.

Friday, March 09, 2007

Solar stocks en fuego!!!!!!!!!!!

Alternative energy stocks have been rallying and will only continue to move higher in the years ahead.

How big is solar? Ted Turner believes that it will be the biggest thing on the planet, bigger than oil bigger than tech. I tend to agree with him.

So why won't you own some?


Longer term hold.

SPWR, STP, TSL, WFR, FSLR

Thursday, March 08, 2007

Spinning with NVEC!!!!!

NVEC closed @25.41

It's the right time to get in NVEC. The chart technicals are very good.

NVEC is a nanotech company that makes 'mram' - a futuristic version of the 'dram'. Very small company but profitable.

Intermediate term trade. 50% gainer from here is very possible.

Wednesday, March 07, 2007

MER is oversold!!!

MER currently trades at 82.90

The brokerages have been way oversold.

swing trade

Tuesday, March 06, 2007

GoogleMania is Back!!!!!!!!!!!!

GOOG closed @ 457.55

1) closed the gap in october
2) bounced off the 200dayMA
3) W formation last month
4) broke above the important resistance of 456

Don't fight Firepower Secretary Paulson - he's more powerful than Benanke or Greenspan. The bull market lives on, and will ultimately be led by the Alternative Energy sector.

GOOG is on its way to new highs from here.

Good luck..





Monday, March 05, 2007

RIMM is a short.

Especially if it closes negative.

RIMM currently trading @134.40

Could see 120 in the very short term. Any downgrades from here on out will send this stock to 105.


Swing trade.

Sunday, March 04, 2007

Will the selling continue this week?

Well, it appears that we gonna get a Monday gap down. If we don't reverse significantly, the market is in for more pain. (I still think we will bounce the first half of this week). I have some really good shorts that i'm ready to recommend if we get a lame bounce.

If you gonna go long on anything, get in small. The financials and brokers are no place to be a hero and try to catch falling knives. (You could get seriously sliced and diced!!!)

As the market tanks, i will be accumulating a little bit of alternative energy stocks as i believe they will lead the next bull market. Technology is done leading and only few select big names (like AAPL, RIMM and GOOG) will continue to make money for investors. I don't see any new disruptive technology explosion in the horizon. The oils are stabilizing and have limited upside. The Saudis can't let oils go too high or it will stifle demand. If oil continues alot higher, alternative energy sector will be very competitive and more popular and the sector will go alot higher alot faster. Oils at current levels plus global warming is already starting to drive the alternative energy sector, whether oil companies like it or not.

Friday, March 02, 2007

Nibble some GOOG!!!! It has bottomed or close to it.

GOOG closed @ 448.23

I made out like a bandit on my puts bought on Wednesday's market rise. Thursday morning, the market essentially gapped down hard all the way to the Tuesday low (where i covered most of my shorts) and proceeded to rally hard. Whenever you have a serious gap down plus a serious rally afterwards, you have to be slightly bullish or at least neutral for the very short term.

I have been accumulating a small position in GOOG around the 440's. The next support is 430 and then 400. I plan to add more if it dips near those support levels.

If you're interested in GOOG, you can also buy near-the-money March or April calls. Start small, and add to it if it goes down further to support levels. In the event that GOOG rallies hard, you can make alot of money on the call options. My plan of attack from this point on is to keep on accumulating dips on big market drops because i believe when GOOG does reverse to the upside it will be fast and furious. When that will be, i don't know but i suspect (hope) it will be next week if not tomorrow. I don't expect a 2000 point overnite crash (although that would be nice) on the DJIA because mega overnite crashes only occur in October.

Good luck...




Thursday, March 01, 2007

The Goldman Factor

GS closed @ 201.75

Be ready to pile in your GS shorts below 200!!!!

When GS goes down, it will take all the financials with it.


day/swing trade