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..
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..
posted by beanie11111 | 5:07 PM
35 Comments:
AAPL is also a good buy. I'm just a little hesitant because of the options backdating.
RIMM needs to perk up tomorrow, else it's a short if the market goes down.
I’m still bearish on XLE and that whole mess. Crude reports Wed. plus 2mil for crude ***[] [] minus for gasoline and jet fuel. Draw down in jet fuel hurts CAL. ( I think I can play XLE and CAL against themselves, yeah… []
Xle will head higher on shortages, WED.
Thurs. I’m not so sure about. I think XLE will be down Thurs and Fri, because oil prices will be down, because of plus inventory on crude. also Very weak employment report Fri.
HERE’S my alternative energy list, All have options.
APD CCJ CY ENER FPL FSLR NCI PBW PSD PX SPWR STP WFR ZOLT
A weak XLE on THURS. will devastate the SPY. It’s 50/50 money, says that it does.
Also Fri, unemployment report. Market always goes down ahead of Fri employment report. So it’s better than 50/50 money SPY gets devastated on Thurs.
Thanks for the commentary, Zee.
I'm hesitant to go long on anything right now... In fact, I'm taking the unusual step of putting in some stops on my long term (read: "never touch") portfolio. Not on everything, but on some of that have run.
I am not touching the stocks for long term buy until March 16(options expiration).
I like these rallies as they give me an excellent opportunity to buy my favorite stocks - exchanges, brokerages and casinos and then dump them a few hours later.
I am all cash overnight.
After a long time, I am seeing normal movement in futures after market close. Dow down 15, nasdaq down 3.
It was interesting to see the recall of bet between Jim Cramer and Eric Bolling on January 10, 2007.
Eric Bolling bet to donate 50,000 dollars to Jim Cramers charity, if what Jim said came out to be true - Financials will beat oil and gold.
Cramer has got kicked again.
z-stock,
There's no reason to short XLE just yet.
I think this hard bounce has legs. In case it doesn't, short ICE .
thoughts on nyx? where would you buy?any short term target? has 20% short interest.
PALM is a buy.
17.31
anon,
while NYX can get to 92 from here, it'd wait just a little bit. It's gone up too much today, considering that it has 20% short.
so where would you buy NYX? and what is the most downside you see? thanks
Beannie11111
I’m seldom right on my two day forecasts for XLE.
It’s Just good to have in my back pocket, if the scenario starts playing out tomorrow.
Spy has to reach 140.3 ( up 300 from Mon.. low)and XLE has to reach 57.2 (50 day) to trigger PUTS.
z-stock
NYX will follow the indexes . (DIA,SPY) TARGET PRICE BAD NYX $77.3 = 200 day
GOOD NYX $96.08 = 50 day.
Hi Beanie,
ALTI will have news tomorrow? May break out today ...
Bought like you mentioned longterm...Thanks
Pamfla
Gosu
Lowrys saying two 90% down days in past 4 days.
This is extreme unusual.
Lowrys saying this raises very serious questions about the longer term trend.
Multiple 90% down days are characteristic of bear markets.
Lowrys was bullish on the trend till yesterday.
These guys are to be trusted. Your comment to be careful is of utmost importance, keep cash a little higher these days folks. And search for MVO like bottoms.
West
It's all about GOOG for now
SMSI looking real strong ...new highs soon?
From a technical standpoint, every technician agrees that some major damage has been done to the markets, especially the nasdaq.
All major support levels just early last week have turned into major resistance levels.
S&P needs to hold 1375, and
Nasdaq needs to hold 2350.
Whatever may happen this week and next, it is just a little too risky for buy and hold till options expiration next week.
ICE following path of least resistance
DOWN
The smart money wasn't buying yesterday. Volume was lower than it had been the previous few days. Sucker rally.
It looks like NEW, when it went down 70% in a day, got oversold.
Its nicely up 25% in 2 days.
Anybody else thinks, its going to 8?
ICE targets anyone?
132
MER is a buy!!!
82.9
The markets are oversold.
Everything is oversold.
If ICE were to hit $132.00 it would have broken both the low from a few days ago (134.25), and the 50 day average ($136.15).
Wouldn't that confirm further downside from there? I'm thinking $122.00 to start.
Appreciate the insight.
sahmtrader,
if ICE goes below 136, it's headed to 110.
New official post!!!
(hope i'm not too early...lol)
SMSI:
Is a must own! The market tankage couldn't take this stock down!
Beanie
What do you think of these 2 stocks
Pls let me know
Also other opinions are welcome
CERS and FMTI
Pls give some feedback people
thanx
Innerstruggle
Hey Beanie..... What's your favorite alternative enenrgy stock?.........SKI
What is up with GOOG?!!!Seems stuck
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