MER is oversold!!!
MER currently trades at 82.90
The brokerages have been way oversold.
swing trade
The brokerages have been way oversold.
swing trade
posted by beanie11111 | 10:40 AM
About Me
- Name: beanie11111
- 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!
- GoogleMania is Back!!!!!!!!!!!!
- RIMM is a short.
- Will the selling continue this week?
- Nibble some GOOG!!!! It has bottomed or close to it.
- The Goldman Factor
- AAPL will get slammed!!!!
- PCU looks like a great short here.
- Alternative energy is the future!!!! Own some earl...
- ICE is still a great long term play.
- ICE smackdown comin your way!!!!!!!!!!
62 Comments:
Man, this recommendation is soooo tempting, I want to jump on it with all my margin.
Thats because all brokerages, especially Merill Lynch is my favorite stock.
But my gut feeling tells me to wait till March 16, to make sure the worst is over.
die ICE die!!
ICE:
short away!!
110-120 in the bag?
I think so. Best case scenario is that ICE as a story is dead and goes back - eventually - to the 30s.
Beanie,
Ola from Miami, Fla. Would you be so kind as to comment on ALTI please? Ran up some this am, what's the deal with this company?
Hold?
Thanks, Pamfla
3rd World County
beanie, what about rimm now? Both rimm and ice are shorts?
Looks like GOOG was a gap to crap. Heading lower.
Seems like the markets will go down tommorow and friday. Employment numbers might be bad.
ADP saw a decline in payrolls.
Jobs grow by 57,000 in February, ADP says
Weakest private-sector hiring since July 2003
pamfla,
ALTI should do extremely well this year. Hold it.
It's all about GOOG!
But GOOG is down today!!!
Our government is totally lying to us.
We have serious inflation.
Yesterday i bought a grapefruit the size of my fist and it costed $1.79 .
yikes! lol
hmmm.
Is ICE on its way to 80?
Bulls and Bears alike should hope and pray that we are not entering a period of stagflation. Yea, the Fed could lower rates but I don't see how that could do anything but make the situation worse in the long run!
Let me guess, the grapefruit was not bought from Walmart.
I would be bankrupt if not for Walmart keeping prices down.
Beanie,
What's your take on BRKR? Chart looks good. Thanks.
alternative energy stocks are flying.
Be there or you will regret!
WFR:
on fire! One of my favorite alternative energy plays
54.57
beanie ,..
two qustions
1) NYX...are you picking them up here?
2) wfr- if oil went down..woulnd't the stock go down? also, what is you target? stokc is up from 15-54 in 2 years or so
It's all about GOOG. By next friday it could be trading above 500
The correction may be already over.
imo, Shorties like Doug Kass, Barry Ritholtz, and the rest of their ilk are very unethical. lol
They go on tv just when the market is about to go thru a correction and they give the WORST case scenerio why the market will be annilalated (after loading up mega number of put options). By instilling extremely fear, they then cash out over 10-baggers, and then go back hibernating. lol
ok beannie, list for me your fav alt energy plays. i'm listening
Beanie,...you're just talking out your ars. First it's "apple's gonna get smacked" then it's Apple is a buy,..GOOG's a buy, then it gap's and craps,..The only one you consistently short is ICE. You are flip-flopping worse that Kerry or Cramer. What about some overall market direction here.
Hey Beanie..... What's your favorite alternative energy stock?........SKI
I think the market will be down tomorrow. Traders are waiting for these numbers on Friday:
8:30 AM - Average Workweek
8:30 AM - Hourly Earnings
8:30 AM - Nonfarm Payrolls
8:30 AM - Unemployment Rate
8:30 AM - Trade Balance
10:00 AM - Wholesale Inventories
A.
Since alternate energy and oil move in conjunction with each other and "oil prices", why not just buy oil stocks??? If oil goes down your "alternate energy" stocks are going to get hurt. I agree, energy is the way to trade but not unproven, risky alternate energy stocks. (Speaking of ethanol specifically)
I'm not sure anyone can say the correction is or isn't over with any certainty at this point. Technically we are still bearish and the most recent fundementals remain to be seen. I certainly wouldn't be knife catching here!
Alternative Energy stocks i'm accumulated lightly for now:
wfr
spwr
stp
fslr
tsl
hoku
dsti
alti
fcel
spir
desc
eslr
asti
bldp
peix
solf
Today, ICE was removed from somebody's 'conviction buy list'
Alternative Energy (continued):
ener
avr
vse
adm
Cramer says to buy TTWO because shorts are gonna get sliced and diced.
TTWO:
40% short interest!
Cramer says they're dead meat.
TTWO: i bought some April calls
Oil supply report says Crude futures up next three / four days days do not put XLE , might send crude high enough to crash the market …….hang on one second, I’m working out numbers for a qqqq short…..
Cohen and the big boys are going to SQUEEZE the last drop out of this puppy...
TTWO going up, up and away!
QQQQ SHORT IS 60/40
IBM is a shooting star HPQ can’t close the gap SNDK SNE LRCX failing at the 20 day NVDA already died INTC AMD DELL too
I think 50/50 RIMM fails headed back to 119
FAVORS the PUTS ‘cause of that pesky Earnings report FRI>
Beanie,
NYX is acting so weird..it was up nicely..closed very nicely...today it gapped dwon..and closing almost LOD..where do you see this stock in a week or two? thanks
Anybody can make sense out of whats happening with ICE????
It was not long ago I was kicking myself for sell this stock at 139.
At 129 and falling now, I think that was a pretty good move.
Damn, this market is fun!!!
all my longs went soft. anyone else?
Shorted more ICE.
Jim buddy, I don't know how many times I have to tell you dear to be a little patient on longs till March 16?
Your money buddy, your wish.
i hear you gosu. i am in mostly cash but have some positions that are grossly oversold and cant catch a bid. i gues sthats your point - it wont until options exp.. am i understanding you?
Thats right Jim. I think with the sharp correction, the risks of going long are a lot more until we get all people to make up their minds until the options expiration on March 16.
Bad close for the Bulls. DR Horton basically said what everyone knows by now. '07 is going to suck for real estate.
The use of the word "sucks" by a CEO is soooo funny.
ROFLMAO!!!!!!!
Beannie’s to busy counting his money on ICE’S <.>.>.>.> ICE CAPADES.
WOW! MAMA up 17% after hours!!!
Beanie,
With ICE's fall, do you think that NMX has similar short potential?
Actually from book to value and PE comparison, NMX is almost double overvalued as compared to ICE.
Beanie, monday you wrote:
"holy cow, the close is very ominous!
Every fiber of my being is telling me something very aweful (outside the markets) is about to happen.
Somebody knows something is about to happen and won't tell us"
Now you're saying that you think this correction could already be over?
What's up with that? lol
You probably don't need anything to happen outside the markets. You have a lot of things happening inside the markets:
1) DR Horton CEO says "2007 is going to suck. All 12 months".
2) Sub-prime blow up of mortgages.
3) Microsofts Ballmer says "Sales estimates for Vista are overblown".
NYX $109 down to $80.6 = 26% Nyx 80.6 new monthly bottom
ICE $167 down to $123.5 = 26% ICE 123.5 possible new monthly bottom.
Z-STOCK
The answers for the FUTURE are always BURIED in the PAST, >.>.>.>.
The above statement IS >.>.>.>SOOOO WHOOOOAAA!!!!WHAT????
Does anyone have any suggestions for MED? I'm down quite a bit now after their forecasted revenue and wonder if I should just dump it! I've thought the bottom was here several times now.....
ICE broke through fib (22%) at 130.. next FIB (38%) 103
Ice will definitely not fall to 103……RSI 21 no I don’t think so, BUT other stocks have fallen to RSI 21
ICE melting fast. $100?
Beanie, what do you think about Nymex (NMX)? It is twice as expensive as ICE and the chart looks broken.
gosu,
The charts are saying, regarding NMX, it is near the bottom. Way too late to short NMX here.
Too much support down at 115. Hey, maybe eventually the support will break but it would have to come with some fundamentals bad news.
I think the markets are headed higher tomorrow.
But i'd would be happy to see a big gap down on ICE to cover
Asian markets up overnight.
Nikkei, Hang Seng and Shanghai are up.
Dollar up vs the Yen.
I think you're probably right Beanie, about the US market being up tomorrow.
Re: Asian markets up overnight.
http://money.cnn.com/data/premarket/
Dow futures up 54,
But stock list futures are mixed to down, Germany. Looks like start day high end day negative.
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