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.
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.
posted by beanie11111 | 7:06 AM
187 Comments:
beanie11111 said...
DNDN:
There is a bunch of calls and puts bought on this stock pending FDA approval status on the 29th.
I will be buying just a few shares of the stock this morning. No calls/puts for me on this one. We're too late and those options are very expensive. Everybody and their grandma have either bought calls or puts.
Mon Mar 26, 09:10:00 AM EDT
Nice Beanie!! Stocks up 220%!!!!
This fool is short DNDN! lol
http://biotech.seekingalpha.com/article/30574
SWEET.
BOT 400 DNDN @ 17.20
SLD 400 DNDN @ 18.20
I think I am done for the day. Thanks Beanie!
The average volume for USBE is too low i just realize. Don't get in just yet.
SCOTTRADE won't let me sell my few shares in DNDN pre-M for some reason. I did not know that.
Rambo
DUMP SCOTTRADE!!
Never had a problem before. Maybe I will.
Rambo
DNDN will likely trade above 30 is my opinion.
Prostate cancer is the most diagnosed cancer in the US, to the tune of 250,000 each year. More than 10 percent of those die.
If DNDN finally gets approved, i think you oughta treat it like CEPH which means it could potentially get to $50-60 per share.
OMG!!!!
I just woke up and sold my DNDN that I bought 2 days ago.
BOT 1000 DNDN @ 5.20
SLD 1000 DNDN @ 19.37
Thank you! thank you! thank youuuuu!!!!!!!!!!!
Mike
I got it sold. Beanie, I had a target of 17.50 to 21.00. I could be wrong but I'll take the run from 4.50 to 19 today. We'll see what happens later.
Go RS.
Rambo
Rambo,
no problem sellin out for such a huge 1 day profit. It's a smart play.
Taking 1/2 off is how i would play it.
congratulation of all you DNDN holders. excellent trade. my heart goes out to the poor souls who shorted this stock.
Beanie11111, do you still believe in the longer term prospects of ALTI? For full disclosure, I purchased 1000 shares at 3.95 and it promptly began to drop. Thanks, Steve
JASO out with good news, is up pre-mkt (results)
Man, those DNDN shorties are now very desperate. USB still giving DNDN a $3 target. Normally, you don't do that after a very positive fda panel recommendation.
anon,
ALTI doesn't have a good chart right now. If it's for a longer term investment, i think it'll be ok in the end.
I bot some IBN at 37
gosh dndn falling hard, where are the shorts?
I'm trying my luck with TGEN, got in at 4.36
SLD IBN 37.6
Hi Board,
GEEEEEEE WHEEEEEZZZZZ
DNDN...FDA stopped then opened at 15.00 something or nother??
you guys are pros ...Man...missed another profit
Pamfla
Have a problem with FDA CONGRATS!!!
The odds are you can always sell on the open gap premarket. I've sold several stocks now higher than they've "EVER" been in the normal market...including GOOG.
Rambo
Gosu,
TGEN nice play...
Pamfla
Keying on what Anon just said regarding shorting opening gaps, I have been doing just this, successfully, with one stock in particular, AAPL, for several years. If you study the one minute charts going back as far as one can, you see a systematic closing of the gap on the initial open, but one has to be quick and have a solid trading platform. I use TradeStation. Thanks. Steve
Shorting opening gaps....
true...but I was long and sold. Works the same. Traders sell off....shorts sell off.
Rambo
WHere is the bottom on FSLR?#**
beanie would you buy JSDA on neg article in WSJ. THanks
Is TGEN good for another bounce or is it played out?
KM
KM i got out when it failed to push through 4.1 (booked my loss). as of now it is not showing any indication that its bottomed for the day. i'm still watching it.
Anon, regarding JSDA, I just saw your comment/question. I subscribe to a service that had this stock listed today. It gives ranges to buy/sell based upon gaps, reversion to the mean, etc. It said one could buy it if it ranged between 20.83 and 20.39 with a stop of 20.00 (which it broke through) and to potentially short it if it went to the ranges of 21.95 to 21.54 with a stop of 42.75. Since it broke below the 20. price point, I would not touch it right now. Hope this helps. Harry
ALOK,
Watching TGEN....hoping it bounces back...Have to hold till Mon.
Pamfla
how will the markets be next week??
This has been a bad week.
I am thinking that at least April 2 will be the day markets roar up 100 points. Let see.
Pamfla TGEN looks like it has very strong support at 3.69, lets hope it doesnt break that.
Any thoughts on NYX 93.56? Thanks
Anonymous said...
The odds are you can always sell on the open gap premarket. I've sold several stocks now higher than they've "EVER" been in the normal market...including GOOG.
Rambo
So, true! As is often said on wall street, Amateurs open the market and professionals close them.
Lets try something.
My prediction for today - Dow to close up 44 points. :-)
Pam you lucky lucky girl, looks like TGEN might have bottomed at 3.68 today.
ICE Brent Crude futures set a new high yesterday of 384,281 contracts, surpassing by 11.3% the previous record established on January 11, 2007, of 345,407 contracts.
They may set a new high today.
I have picked a few April call ICEDD. Hopefully, it will pop up next week.
A.
I plan to pull the trigger when ICE goes pass $125 :-).
A.
The market is spooked a little by DEBKA report....didn’t someone post DEBKA , yesterday...got news this off Nasdaq site...
Austin , I’m picking up some BOT @ market close..apr 185 call most volume..MON should be up ... ISM report...
Ski GPI double bottom .. time to move in...
Ntri closed the gap....good call ALOK...
Dr. ZZZ, I am just a little bit afraid that BOT may trace the gap to $178.
Based on the ICE bid: 1 BOT = 1.42 ICE.
If ICE = $125 --> BOT = $177.5
A.
Very right Austin. BOT might soon trace itself back to 178.
TM toyota double / quad bottom....looks like a buy!!! FDX double bottom jan- mar...SMH....looks like a buy...
STP... looks like found support....on 2 month chart....look for higher prices in the coming days...
Buying near market close....waiting into the weekend selloff
what if CME raises bid MERGER MONDAY.......BOT gaps up...to 205
April 2 will be an all or nothing day. Up or down 100+ points. I am getting a feeling it will be up 100 points.
gosu:
didn;'t you say after march, we go down again?
you were right mkt is up than it was on march 15..so if you were to b right again, we should go down from here in april?
Anyone: Is it too late to buy DNDN?
-SGV
ALOK,
Well, not so sure but keeping my fingers, toes crossed. On YAHOO message board, this is where I discovered BEANIE like two years ago, Someone jerk posted BAD NEWS COMING TGEN. ALOK< your sooooooooooooo sweet and kind. not an evil bones in your body...thanks for all your support...Pam in the 3.90's now..hope it breaks 4.00 again today...YIPEEEEEEEEEEEEEEE
Bought GPI may 40's @ 2.20...SKI
FSLR a buy here for a hold? Looks like it's retesting the the 20day.
Right now I was just talking about April 2nd.
We will probably be up next week, but I think that we will be down on April 13 than the close today.
Lets see.
Moral of the story is - I am not seeing any signal to buy and hold for long term.
ski .. i saw that....i'm playing apr 40 too!!! at 1.00
you and i are the only volume.....these other guys are just watching us,,,,they are not really sure yet...if we know what we're doing...
sell may 40 for minimun $3.60....i brought up the may 40 chart...
Alrighty, i'm back.
FSLR and SPWR are both in corrective mode and should go lower short term. You might want to take a more aggressive approach by selling now and buy back in maybe a week or two later. FSLR could see 45, while SPWR could see the low 40.
oh man, BRCM has bottomed!!!!
32.20
Beanie,
BRMC was a 6.00 stock way back when...excellent pick!!!
Crap again,
Pamfla
Board,
BRCM my bad...have to run...see ya Monday...
Pamfla
XLE up on Monday.. 50/50 .????... could be correcting..I'll .....hummm..
here comes friday sell off....
HEY ZEE... You got those April calls for a buck?...What's your projected exit price on those?..SKI
Jade has a very nice set-up forming.
It looks to bust decisely back above 10. next week.
SKI trying for Exit gpi...1.55/2.40
BOT volume ... 28,000 shares last 5 minutes...OR 5% OF Total volume...
NYX pulled back on light volume today, I think it goes higher next week
SKI....GPI up 30 cents in after hours....40.00
I am down again today - sad for 5 minutes. I just bought a few April put on BZH too. These are my short term trades. Hopefully, ICE will go up above $125 and BZH go down under $28 on Monday or Tuesday. I will be a little bit bearish toward the end of next week (depending on the tension in the Persian Gulf).
Have good weekend everyone :-).
A.
Zstock
Go update your blog and stop posting here. LOL!!!! I'm kidding. I'm been refreshing your site all day and it hasn't changed.
April 2, 2007 will be like January 3, 2007 - Up 100 points and then down 100 points.
Closely look at the action on January 3, 2007. The markets shot up almost 2% before collapsing in to almost down 1%. I think this will be the case on April 2, 2007. So, if you buy anything in the morning, make sure you dump at any sign of reversal, to protect your profits.
Missed most of the market today. Got back in time to see the DNDN chart... woooo. Promptly bought puts at 14.09... will cover low 12's.
Already up nicely on that one.
Also bot more IWM puts right at the close, as I think opposite of the GOSE... down next week as tax season looms its' ugly head and people need liqudity to pay that bill. I know I need some cash to pay Uncle Scalper.
Also purchase the XOMPO's and the SUPO's in honor of Zee (and Knight's and their charts) prediction of XOM and SU heading lower.
Still long FFHL, don't ask me why. Whim I guess. Same with Mavis (MVIS).
Oh and molto congrats to the DNDN longos. That must have been great fun. Wish I was here when it was trading at $19+... wowee.
Someone was asking for a floor on FSLR. If I have my fibs right, it looks like right around 47.70 or so, where it will meet the 38.2% retrace and a consolidation point... It looks like it just broke the 23.6% retrace line at 52.37, and struggled to get back over it... I'd say it's done to that 47.70 point if it breaks below 51.90 on Monday....
SPWR also looking unhealthy...
austin
beannie mentioned BRCM..I think BRCM goes up some more...
jake ...xle is 50/50 for monday...
read my new post....merger monday+ISM might hurt all PUTS...
The XLE 5 day chart pattern...helps me a lot...down on FRI...target met...UP on MON...Down on TUES.....up on WED...Doji on THURS...
see older...post XLE 5 day chart...
downside....
XLE down on MON....means XLE correcting 11%...in the next few days.... doubtful...
Beanie,
what's your take on DNDN? I acquired 1000 shares at 12.92 at the end of the day. It was up after hours to 13.03. Plan to keep it for awhile or
even longer if FDA approve the drug.
Got out of AAPL at 94.48. But will pick it up again if it ever dips down close to 88. I shall appreciate your opinion. Thanks a lot and have a nice weekend!
MDE over at Tim Knights said Q2. Dow could go up 9%....Tim, whipped into him and gave him a tongue lashing, like none other..
So, I started adding the numbers....DOW at 12,000 (MAR low) multiply by 9%...(9% exactly equals EPS growth estimates for Q2),,..I wind up with DOW at 13,080...sometime in Q2...
As for me, I’m clueless as to market direction...But I will say this...13,080..is very plausible, if the Dow decides to rally...into and during earnings season....
So, as per Tim Knight’s bet, I’ll insist that he must remain true to his word, and discard the old blog, and start a new blog....That’s his bet....and he might lose...
http://tradertim.blogspot.com/
zee, tim is probably a great analyst, but i find that his prediction about the mkt's direction is as choppy as mine. however i find his prediction of stocks to be very accurate. all this does is proove to me that even pros cannot predict the direction of the mkt with any level of certainty. so its better to stick with stocks and follow the general trend of the mkt as it unfolds. right now the mkt seems to be bullish, we are back to forming higher highs, the moving avgs are turning upward and giving good support. look at todays action, in a weak mkt bulls should have been murdered today, but it didn't happen.
let there be no doubt in your mind that a recession is coming, its only a matter of time, but till it rares its ugly head the mkt will continue to head higher. you also have to understand that the game has changed drastically in the past 5 yrs. its a global economy now so look at what is happening in other countries. I do not see growth stopping in BRIC this year. so make hay while the sun shines :)
your call on CHAP was excellent, however i'm going to wait for confirmation on monday to short it.
Thanks Alok...I concur with every point..you bring up...
BEANNIE...
Ethanol infrastructure...KMP,VLI,TPP....
Be sure to visit T...
"This favorable ruling (tax)..could encourage additional ethanol infrastructure development, the ramifications are huge for alternative energy blends."
http://investingfromtheright.blogspot.com/
This comment has been removed by the author.
beanie, zee, anyone
today someone was saying on cnbc that in 4 yrs he sees the price of oil falling back to the 30's (hard to immagine). if it does what do you think will happen to ethanol. don't we need oil to be above 45 for oil sands and ethanol to be profitable?
If there will be a concerted effort to change the way we use energy,ie conservation and use of alternative energy that will slowly drive down demand for oil, then oil price will stabilize but probably not to 30 but close to 40. And yes oil and related industries will be affected. But if you're a short term trader there's plenty of time to get out.
-sgv
i'm new to this blog and i'm very excited about all the fast money you guys are making especially that guy who made $14,000 on DNDN. thanks beanie for finding these gems!
hans
Hans,
It's not fast money, buddy. It's lot of hard work: you have to learn the market and expect to lose some money while you learn. It took me a whole year to break even. So be careful; buy stocks only when it is going down.
Hans,
The occasional gems doesn't always comes from beanie, it comes from other contributors who shares info and other ideas. And yes it feels good when you're winning, but you should not only be well informed but also be skilled in getting in and out of the market.
Rambo, your insite is one of the most helpful things I've read on this blog. I've noticed that pre-mkt gap activity too. JASO had a similar fate yesterday, never touched its high of 19.5 later in the day. Its great to see you back, I hope you become more active.
Congratulation on your DNDN trade.
Who ever bought NTRI at beannies...you are in trouble....I will post why NTRI is 100 to 1 in my favor a SHORT SELL......
My rating system....70/30...80/20...this is...100/1..or in statistical analysis, ....100/1 = “95 % probability this outcome will be true...”
Alok...
I think oil sands is about $10 a barrell or less to get out...And wood chip ethanol...is 65 cents a gallon...to make..(this is a good future price target for actual ethanol production prices, when all the kinks are gone into making ethanol...).....so they probably remain profitable, but with less profits...
Z, what do you think of CAL being decidedly below the 50% Fibonacci retracement for the last couple of days. It seems like the stock likes trading between the Fibonacci levels. You could have made quite a bit of money when it touched $36.90 a couple of weeks ago and selling it at the 61.8% Fibonacci level a few days later. I'm hesitant to buy right now and am waiting to see it move back toward the 50% level.
Hey Z-STOCK
What do you see wrong with NTRI. I think the chart looks pretty good. What do u see wrong? THANX
Alok about NTRI.......filled the gap, and has the 50 day way against it...That’s two sell signals...Hope you unload NTRI first thing Mon....It’s in dangerous.territory......to buy...and almost impossible to short...successfully...just a thought...
z...
downside ...NTRI...you might get $57 = 200 day...doubtful...
Hey z-stock
Took a look again and agree that it should go down short term, but it is uptrending and MACD is rising and RSI is not overbought. The chart is telling me after a short correction, this should continue upwards unless the new uptrending line breaks. Love to hear your feedback. I wish we could rent out a big room and talk and trade together. Take Care
Brett, zee, i'm not bullish on NTRI, it had fallen hard and then after the fall Cramer said sell (look at the chart n you can see what happened). it fell last quarter, actually gapped down due to bad earning. i dont expect it to give a pleasant surprise this quarter so you can expect it to keep falling. i'm not touching this stock until it shows definite improvment. there are much better opportunities out there. why would you want to risk your capital in crap like NTRI, PARL, BQI or BDCO?
I’m not bearish on NTRI...I’m just saying according to my 2 mo chart, which are normally totally useless.....(Except in cases where the 50 day shows steepness..).....It is saying NTRI corrects down, next day or so....6% correction puts Ntri at 48.xxx...NTRI ..longer term...10 days out...looks like NTRI will make 200 day = 57/58...
adam...
so far none of us gets airlines...perfectly...AMR and CAL resting on their 200 days....(go to ten charts at a time stockchats...then click on AMR chart,,,...stockcharts takes you to big chart...)...
I give 80/20 buys to both...I don’t think they slip under the 200 day....
z-CAL chart link here...
http://stockcharts.com/charts/gallery.html?CAL
Brett ...and Adam
You should have a post at your blog site....I can post stuff in your comment section, stead of bugging beannie all the time.thanks......anyway I explain CAL AMR and NTRI at my site....click on my little picture, and blogger takes you right to my sight....
"why would you want to risk your capital in crap like NTRI, PARL, BQI or BDCO?"
Hi,Alok,
I'm only talking day trading on these but these are the kind to watch
Ones that have run in the past on above normal volume that have above average day range.
BDCO adr 6%
PARL adr 5%
BQI adr 7.5% increasing last 10 days to over 9%
I "risked" on BDCO Wednesday when it was trading over 10x's it's previous day volume and it ran nice.
Higher ADR's with above average vol spikes tend to repeat theirselves as BDCO had done on 2/22.
Understand I'm talking day trades here,not holds.
Hi Muddy,
I'm sorry I always get messed up, I only swing trade. I agree with you, for DT these stocks have done wonderfully in the past few days. infact NTRI and BDCO look like very good swing trades too, but both seem to be at or very near their top of trading range. besides with earning coming, these companies have not been fundamentally sound so i'd advice caution. i've been following BDCO from the days it got listed on AMEX. remember how it ran up to $7, its never seen those highs since. I've been burnt with BMD :( i'm going to get back at it, let that sucker get to 5 so that i can short it (or maybe i can ask GOSU to short it for me since he can short stocks under $5, i'm kidding GOSU now dont start a debate with all facts n figures).
All these OIL sand stock BMD, BQI, BDCO seem to spike once a year (use to fool innocent investors like me till last yr) and then crap the rest of the yr.
Hey guys, can anyone give me some feedback on StockCharts. i'm considering becoming a member. i'm interesting in its scanning feather, is it worth it and is the scan powerful. can you customize and create your own scans?
anyone intereted in nature. discovery channel's Planet earth series is very interesting.
alok - ive been watching the show with my son. we love it.
reminds me of when i was a kid and would watch wild kingdom with my dad. remember the cool theme music for that show? good memories.
boomer
i'm looking for research on leading indicators of M&A activity - trading patterns, company news, ownership stats, etc that indicate a high probability of merger/acquisition coming. anyone have a link?
boomer
Hans and all other new comers,
If you want to go in the market, but some stocks above $10 for long term and one or 2 stocks for less than $5 also for long term. Do not trade then for 3 months and see how it works. Do not buy ASTI or DNDN now, they may go down. Buy stocks that has bottomed like ONSM. Buy 2/3 of your stocks above $10
Friends, I'd like to make a very off-topic post. This is no joke.
An acquaintance of mine, Eric Volz, was arrested and jailed in Nicaragua. Despite undeniable and irrefutable evidence proving his innocence, the Nicaraguan courts have found him guilty of heinous crimes. As you probably know, the courts there are corrupt. Eric is being held in a very violent prison. His family is gravely concerned for his safety.
You can help -- and I beg you to help.
1. Please visit http://www.friendsofericvolz.com and familiarize yourself with Eric's situation.
2. Please contact your congressmen and tell them to act affirmatively on Eric's behalf. There are links to this info on Eric's site
3. Contact every media outlet you can think of. Ask them to investigate and report on Eric's situation.
4. If you are so inclined, please pray for Eric's safety and that he would be freed soon.
Here's some links to peruse:
http://online.wsj.com/google_login.html?url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB117426483422241025.html%3Fmod%3Dgooglenews_wsj
http://video.msn.com/v/us/fv/msnbc/fv.htm??f=00&g=fdb1e4cf-3bc1-46a3-a23d-a33060432cf1&p=hotvideo_m_edpicks&t=m5&rf=http://www.msnbc.msn.com/id/17796324/&fg
http://today.msnbc.msn.com/id/17868992/
http://www.youtube.com/watch?v=8YChhOHrFA4
Thank you for indulging me on this very off-topic post.
BOOMER
Anonymous,
That is plain dumb to say not to buy DNDN. with the short interest over 25% its bound to shoot up very soon. the shorts can't keep it down for long. with the panel aproving 13-4 its only matter of time before the fda aproves it and it will shoot pass 30$. I know some experts are still saying 50/50 chance of aproval but those are people who have shorted it. what else can you expect from this people, I don't blame them....I would do the same thing. FDA goes with what the panel recommends over 70% of the time and I think they will aprove it and nothing will stop DNDN shooting pass 30$.
Good luck trying to bottom fish "ONSM" Not to many people can spot bottoms
DNDN is and will go up next week. Still have plenty mojo left!!!!!!!
peace
When will be the date that the FDA either approves or disaproves DNDN???
Some one was saying it will be around May for DNDN.
AMGN looks like it might have bottomed here.
BOT some Russell Futures at 807.5.
Gosu, nice to see that your following through with your conviction, you really think the mkt is going to go up tomorrow.
WOOPS! I am not sure what will happen by close of day tomorrow.
I think markets will roar up in the morning and probably fizzle, just like January 3, 2007 - first trading day of the year.
I will sell at the first sign of reversal.
Dollar is up nicely versus the Yen tonight.
Futures ticking up seem to reflect this.
http://money.cnn.com/data/premarket/
Brett,
DNDN: On or before May 15th is the deadline for FDA
ALOK,
Still holding TGEN till tomorrow.
got income tax check back and would like to buy something profitable like:
DNDN maybe
ONSM
AMGN
Any suggestions for Mondays market?
Pamfla
Thank You
Pam, on Monday I'd keep my eyes on
JSDA
WAG
FSLR
MSI - I Like this a lot
HNSN
these look like good swing trades if they turn to positive on monday.
I'll see if I can find some good day trades.
Board,
DNDN: Zacks bull of the day...April 2,2007
http://www.zacks.com/newsroom/commentary/index_pdf.php?id=4652
HEHEHEEHEHEHE.
Alok, did you see what happened with Indian stock market.
I hope you heeded to my advice:
Alok said...
GOSU what do you think this might be a good time to buy indian ADR's. they've been beaten down a lot since FEB (for a longer term 3-6 month hold, the new financial yr starts Apr 1st so year end results of all these companies should be coming out next month).
Thu Mar 29, 12:03:00 AM EDT
gosu said...
Alok,
I don't think this is the best time to buy Indian ADRs. The action in market leaders IBN, INFY is not very convincing. The best time to buy I think will be,
1) They are really badly beaten down.
2) They start to move back up out of that range then.
I personally don't buy for long term based on Financial calender or that they are down from their 52 week highs. I had several friends who got burnt loading up on past blockbuster stocks like Nortel, Cisco, Sun etc. in 2001, just because they were off their best levels.
I have to see decent action in Nasdaq to be able to get interested in Indian ADRs for the long term. If Nasdaq ain't going anywhere, the Indian ADRs are not going anywhere.
Until then, I am day trading these puppies.
Thu Mar 29, 04:46:00 AM EDT
Jade up in premarket.
Very nice looking chart.
I am getting a bad feeling about the market. I am selling my russell futures. 808.6
Gosu, I don't own any ADR's. They raised interest rates in Indian, but what a reaction damn 5% shaved off in one day.
It will be interesting to see how much of the premarket gap up AAPL will backfill after the open. I look for the stock to run towards 100 today and tomorrow.
Jade is busting up through resistance on half its normal daily volume in 1st 20 minutes.
CNMD breaking out to new highs on volume.
Wal, I'm with you on JADE. I wish I could get my hands on JSDA but that guy just moves too fast for me :(
Hey guys, can anyone give me some feedback on StockCharts. i'm considering becoming a member. i'm interesting in its scanning feature, is it worth it and is the scan powerful. can you customize and create your own scans? TIA
Added to my DNDN short position at 13.55 here.
Also added to my SU short position at 76.48.
Bot some more IWM puts for the hell of it.
Perhaps I am being too gloomy, but today looks very gappy and crappy.
I hope Beanz's family member is okay and that's not what's keeping him off today. I just went through a similar exercise, and believe me... no fun.
Alok,
I like Stockcharts and have been using it for a while, and yes you can do custom scans.
Not sure I would have gotten it had I run into Prophet.com before hand, but I think it's useful for longer term analysis. Especially good is the public forums where people post their analysis of the markets. You may be able to get that for free, however.
Thanks Jake, I wanted to try it for free for sometime but looks like they dont have a trial period so I'll give it a shot for one month. man these scans are powerful things, i wonder why I didn't try it earlier.
LTS is also breaking out, lower vol play.
BOT NYX 95.05
Prophet.net does not provide the fibonacci lines in their bronze and silver packages. Stockcharts has that.
Prophet.net claims a better collection on technical analysis tools.
Stockcharts is more popular
-M
ALOK,
TGEN is in the 4.00's. Still on your radar?
Pamfla
ALOK,
TGEN is in the 4.00's. Still on your radar?
Pamfla
ALOK,
TGEN is in the 4.00's. Still on your radar?
Pamfla
I'd stay away from Ladenburg... Great old IB name purchased by a bucket shop and who knows what kind of manipulation is going on w. that stock now...
Anyone else shorting DSL?? nearly all of their pipeline is 110% option arms. The resets have started to the tune of 16,000 last month. Does 55 look about right in the next few months??
DNDN: Keep shorting it and get burned. Some people just don't learn until they hit rock bottom!!
TGEN comments
Washed out of my DNDN short at break of 14.34.
Rats.
DNDN just came within a hair of tapping it's 23.6% retracement line of $15.01 (or so) ... unbelievable how these things work...
If it gets over that... look out... it's going to 19...
The volume is unbe-fricking-lievable!
"DNDN: Keep shorting it and get burned. Some people just don't learn until they hit rock bottom!! "
What a hero this clown is. Get a tag name, hero. Then tell us all about your trades.
Wowee, those fib numbers are not to trifled with... tap and boom, DNDN back under 14.60.
(Still think it's pretty strong long term though... but those fibs are a nice trader's aid.)
Another that is just now completing a retrace (back to the 100% mark) is XOM... if it crushes past 76.30 here it's a buy... but if not....
Anyone short the $BKX today? It's getting reamed. Time to sell calls on my JPM agin...
LMAO @ U!
Looks like XOM may be tailing... not a bad time to try the XOMPO's (april 75 puts)
ICE and BZH are moving in the right directions.
A.
ISM report ...pretty bad....I’m surprised the market isn’t tanking 100 pts...XLE shorts look good......If a stock has RSI 32 or higher, I’m staying out...
zee i'm surprised that CHAP is holding up so well today.
energy ...the only sector holding up...DIA.......right now....and it starts going down in late afternoon ahead or Wed oil supply report....
MO MRK and XOM holding up the DIA....otherwise DIA’s down 100
Reminds me of that running gag in the old "Airplane!" movie... "Looks like I picked a bad day to give up (insert vice here)!"
MO says... "Looks like I picked a bad day to spin off KRAFT!"
(or maybe not, for them)
damn Jake :) i was looking at MO and thinking the exact same thing to myself hahaha uncanny.
btw, IMO we are going to get a late aft rally and see, not a significant one, but the DOW will be in the green. for all you ICE fans i hope someone is smiling out there.
and where the heck is Beanie.
Gosu, for the 5% fall in the Indian bousers, the ADR's have held up surprisingly well. i have a feeling that the indian mkt will go up tomorrow. this might be the last leg of correction in the Indian mkt. not too much downside left.IMHO.
Zee Alert... Zee alert...
Big open interest increase in XME... 236% increase... second only to AEO and CIB....
Alok, I am smiling on ICE. Still holding tight on my April calls. ICE may blow pass $130 tomorrow. But I will jump out if it goes back under $125.2.
I still have my target below $28 for BZH. This target may need couple more days to hit.
All of my long term babies are doing ok today.
I am back to even from my loss last week :-).
A.
i'm still not sure that i buy into the doom and gloom theory for this week. i think this week will be a non event given that we have only 3 more trading days. that might be why we have the low volume.
Austin what you think about ASTI, its showing signs of bottoming. i already have DSTI and JASO so it would be rediculous for me to buy ASTI lol.
Beanie, Are you ok? The market is doing nicely right now.
A.
Pam, if your not in a hurry then hold on to TGEN and try to unload it tomorrow. as long as its above 3.69 you should be fine. who knows you might make a killing holding it longer there is lot of room for this to run to the upside. what do ya think?
come on NAS you can do it, only 4 points baby, come on. GO BUCKSSSSSSSSSSS HAHAHAHA.
Alok, ASTI seems at the bottom right now. However, it is a bit weak too (low in volume). Do not add more of ASTI at this time. Swing trade on ICE is better. I got the feeling that ICE will hit $130 tomorrow.
A.
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A i'm all tied up right now, no free cash :( trying to sell some JASO today so that I can free up cash to swing ZVUE. but i like ICE a lot, and i have a bone to pick with it, i lost some money on it (along with mark the rat wonder where he has gone) when i shorted it a month back before the crash. i have to make that back later.
BOT is moving proportionally with ICE.
A.
No volume.
No action in market leaders.
I DO NOT SEE ANY REASON that the market will move up.
But I agree that ICE will see 130 this week.
Hey Zee.... Check out the volume on the GPI may 40 call...Zero!
HEY AUSTIN.... Are you holding BZH puts, and if so what's your exit target?...SKI
I have the worst.... daytrading skills...I lost on everything.....now it’s all back into triple digit profit.....I’m going to .......%#$@#%#$^%
z..my..my..my..
GPI is my only bright spot....
and XLE short....
z...
z-stock, one of the lessons I have learned is there are some days in which it is best not to trade.
Figuring out days in which you shouldn't be trading is also a skill which is mastered with experience.
For me:
1) Days immediately after a huge profit are time to sit back and hold
2) Days after losses are times to retool and rethink.
zee hang in there buddy. you have excellent skills. much much better than mine, your so informed you always have your numbers and everything before you make your trade. i'm sure your hard work will pay off. today was just another surprise, maybe due to the short week. who would have thought that shorts would have gotten burnt today.
Jake there is nothing wrong with LTS, its fundamentals are sound (not very strong not very weak). its breaking out of a one month triangle. today's vol was above avg. it closed on HOD, all very encouraging signs. i think we should see 3 soon.
gosu...
mostly i depend on buy and hold a few days...(strategy).......but then i have to trade any...losing.....open position for the day.... most days i get it right...and some days are like today...I.closed...when i should have held....
z-bad..
Zee-- any thoughts on the XME activity today?
Jake...today REALLY isn’t my day....I didn’t even know there was an XME.....
I just can’t see steel getting any higher....
$59.3=80/20....
61.1= 100 to 1 in my favor a short works at $61.1....
corrects down 13%....which equals corrects up 18%.....
Sometimes I have to use how far down, did it go...and apply that percentage to the upside figures....long story....
50.3 (mar 5 low)...times 18% = 59.3
51.8 (mar 14 low)...times 18% = 61.1...
one of the two...numbers should be correct to within 6 cents....we’ll see....
These stupid little pencil pushing exercises...AS TK calls it....
( In my experience, I’ve watched many a stock price come to within 6 cents of these types of calculations, so I no longer dismiss, them....They mean something...I just don’t know what...exactly...
HEY Z-STOCK... Ditto to everything ALOK said, You have excellent trading skills. Far better than mine. I find myself riding your coattails sometime, and I havn't lost money since I've been reading your posts. GOSU seems to have wse info pertaining to what to do after good or bad days. I'd be lost without this board. I've learned more on this blog in 6 months than in previous 2 yrs. before. Keep up the good fight buddy!....SKI
Don't feel bad, Zee... I shorted the only up 10% stock in a schite market this morning (DNDN)... how'd ya think that made me feel?
It's all in the learning experience... the 500 beans down was almost worth watching that fib kiss....
I ain't dead yet... gonna watch OSTE tomorrow... looks like an interesting play, given the action in its options today...
Mon Apr 02, 02:18:00 PM EDT
DJFSMR said...
This day is reminding me of the day before the crash in Feb.
I am quite surprised, we havent plunged already. There is a underlying bid in the market and I frankly dont know why.
Mon Apr 02, 02:21:00 PM EDT
Soooooo true!
Jake your statement about shorting the only 10% up stock made me laugh out loud.
DNDN's run is not finished yet. No point in shorting that any time soon.
These near unchanged days are killing me. It seems like it's been trying to rally but can't. I have some puts just in case bad things start to happen again.
Holy moly....FFIV nearly at target price....I’ll have to go to my REALLY old blog post...FFIV..., and refresh ... on how to play it...
I’m buying FFIV....80/20 or 90/10....odds in my favor....AT...200 day equals 62.4/62.8......EQUALS ENTRY PRICE...I posted new chart..and details.....go to FFIV post....located on sidebar....
z- is back...
Just got back home from out of town. (You know why.)
I will post tonite.
beanie, why were you out of town? (just curious).
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SKI, yes I have BZH April put. I am holding it as long as BZH tanking. I have an alert in place if the stock goes up 40 cents from its low. At that time I may exit if it keeps going up.
A.
Anybody on this board still long TGEN? pamfla you still own it?
Hi ALOK,
Just got in from a family dinner and yes, I agree with you totally especially in after trade was up over 4.00. I would love to do well tomorrow? Hope Bennie post soon so I don't have to scroll past 185 posts. LOL Thanks for the tip ALOK...Will not buy TGEN over 4.00...good luck tomorrow...Pamfla
I guess the HOD could be 4.50 tomorrow..WILL SELL THEN AND GO INTO something else...or may be hold..Wait and see thing.
Jake and gang what do you guys think about shorting ATI and LAMR for tomorrow if the mkt is weak.
Longs - CRM looks like it might be done falling a little push and it might just break its consolidation zone. Also, Drnova mentioned NIHD, this looks good.
nova look at zros, very nice reversal today.
well so far so good, all open mkts are positive.
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