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!
posted by beanie11111 | 12:30 PM
117 Comments:
Thanks for the heads up... I've been waiting on this one...
What's your thinking on STP and TSL?
It appears my personal ankle parasite is dying to know.
And parasites gotta eat, ya know.
Ayman... MPEL up over a buck off it's low on pretty strong volume... You don't think all that crap was priced in?
Someone wanted in, in a big way....
Dimwit asked for a new read on TSL, so out of respect for those interested outside his pathological ranting....
It's now banging it's head against that first fib again (56.95ish), but it's looking pallid, volume wise, so I'd expect it to get turned here again.
Good news is there's decent support in the 54.50ish area. Bad news is the next fib is all the way down at 49.50.
Obviously, everyone but the parasite knows not to make a move until it's confirmed by volume. Better to be a little late than early. The Rothschild rule.
Man, the Naz is laboring!
Parasites, they gotta eat.
permabear pulling their hair out. A correction still hasn't started yet.
Advice, please.
My beloved BOOM is showing institutional ownership at over 92%. Has anyone seen accumulation like this before? Is this a sign of a buyout looming?
Thoughts please.
Only 12.5M in the float. 11.1M owned by institutions. 1.8M shares short at last count.
Boom... lot of investment folks will tell you that when a stock is that institutionally saturated, there's not much room left for serious market beating upside.
This has nothing to do with a buyout, however. Look to the sector to determine if there's more than average acquisitiveness..
Beanz... except for CGPI, I'm long here, but I gotta say, the way the Dow is kicking the Naz's ass is troubling to me...
Naz has to catch up... it's the leader after all.
Dimwit Parasite Reading Comp class:
RBY was not my pick... go read my blog if you're capable of comprehension, which odds are, you're not.
I made 1.55 p/sh on BRLC... you didn't? You're a careless mope, then. Put the hash pipe down and get out of Mom's basement.
STP and TSL were not my recs, I never owned them, I just relayed where the long term fib lines were and where I thought the good pick off points were (psst! Dimwit? on volume, Dimwit.)
TIE? You mean you haven't made any money on TIE??? LOFL!
LOFL!
You ARE a farking dimwit then!
No wonder you're starving! LOFL!!
Dimwit?
You haven't any words at all to hide your "ineptness."
Not even "ineptness."
Catcher, YES, I have been using my software to give me trading ideas lately. Yes I do not understand most of the indicators/metrics it uses (its proprietary) but I understand my strengths and weaknesses in analysing its recommendations.
Fibs are not my thing and even though jake's an asswipe his track record speaks for itself. And thats a lot more than you can say for yourself. I'll go back to ignoring you now.
Time to put in a short order on CMG
This is a scary entry, I'm not sure if HNSN has bottomed but i'm starting to buy a little. I hope this is the final down day for it. it has a lot of support at 20. lets see how things play, might have to revist strategy if it goes below 19.75
Since you guys are talking about FIB's i thougth i would just chime in, FIB's are used by a lot of people, especially on indexes. its a good idea to know where the numbers are so that you can use them to your advantage.
Alok very low volume to make an determination on HNSN. I bought some yesterday and today. It's hard to evaluate a stock with zero sales.
~V
LANE, isnt low vol on a down day supposed to be good news? i was trying to rationalize it to myself that all the selling has been done in the last 4 days, and today is just a tad here tad there.
i'm not too sure about the bottom which is why i bought just a little today. if it goes up tomorrow i might add more to my position. keep me in the loop if you find something interesting.
I am taking JASO back. Stay away. THey disappointed for this year.
UPDATE:
TIE - nope,DOWN now,
Thanks, Jake. The company has an annual meeting coming on June 6, at which a vote will be held to increase approved, but not necessarily available, shares from 15M to 25M. Enough to cover a split. Does that sound better or worse?
Yeah, I was wondering why you were still bullish an JASO after the most recent quarter.
Pocket pool, maybe, Mama's boy.
Why don't you apprise of those "early moves" BEFORE you make them?
Oh, that's right....
JASO puttin pressure on the rest of the chinese solars. It's the reason why STP sold so aggressively this morning, to my surprise.
STP could see $33.
Parasitic couch spud sez:
but what do I know, your (sic) too smart for me jakey.
First smart thing you've said since you started screeching from the Anonymous Bench, 'Site.
Alok, Im hoping to see a little bounce on decent volume before I jump in. I am still a bear on the market short term.
Beanie,
Isn't it a good time to work on some shorting ideas ?
Thanks.
Dimitry
AMGN:
be happy. i really think we caught the bottom.
agree with you lane, i have all my 401K in cash. cant decide what to do. but i'm trading my accounts.
btw, has GROW bottomed or close to bottoming?
Update: Tie? Duuuuuuh....
I gave it to you last week, Dimwit.
Even you, yes even you, little bus, coulda made money on this one.
Boom,
In my experience, companies increase their share allocation for two usualy reasons, both bad(-dish):
1) To do a dilutive offering.
2) To make a dilutive acquistion.
we need a correction badly. It will do the bulls good to have that correction going very soon.
testing
AMGN has bottomed, amgn hasn’t been this low since 2004....i’m buying the JUNE 50 call at 4.20 , if call is down tomorrow, i’m buying more...100 to 1...
Zee.... i think beannie is completely right....and this may be your only day to get into this jewel...
FSLR holding it's own, but STP getting spanked. Think the decline will continue tomorrow, or is a late day entry into STP going to be good price point? SPWR and TSL also down... makes me wish i had more fslr, but really i like beanies idea of owning at least 3 solar, and right now i just have fslr (up 18% on it).
ah darn, fslr now red...
Any catalyst for AAPLs pullback today, other than the weak nasdaq? I don't see anything in the headlines. Looks like it might have bottomed here in the 107s.
I don't have "picks" dimwit. I try to add value and take value back through reasoned and tested discussion here.
Unfortunately, you offer zero value here, and have thus far refused to contribute anything but your misanthropy and bile.
I'll abet your pathology no longer.
Best of luck to you in reversing your miserable circumstances.
here ya go jakey, when the cubes break 46.20 on the downside, buy your july 46 @ 1.02 , puts the , use a spread if you want, or buy the sept. 46, your call.
dimitry,
yes shorting is the order of the day
Hey Catchingtherye.... Your all over Jake and Gosu... but What about Beanie?...Look at his posts yesterday about TSL.."70.00 a forgone conclusion"... "runup to earnings"..."a thing of beauty"...A thing of beauty?..You said buy now when it was at 60 and change..it's now at 54.90, over 5 bucks less..ONE FRIGGEN DAY LATER!..Beanie.. Be accountable for your predictions and respond to this post, don't convieniently ignore it ignore it like you OFTEN DO WHEN YOUR WRONG. CATCH, hold everyone accountable for their shitty predictions.WHAT ABOUT IT Beanie??..
if you don't know what to short, besides STP (lol), short the QQQQ .
Don't worry, i think STP will be just fine by year end. I will be buying at lower prices.
Excuse me, let me correct myself...TSL DOWN SIX BUCKS AND CHANGE RIGHT NOW.
wow, in the last 30 mins some of the stocks have been hit really hard. look at TSL at 52 damn!!! it was heading to 70 the other day.
JADE down below 11, was almost at 13. I'm glad i have a few shorts in my portfolio.
I think Beanie offers good advice. You just have to turn on your filter when he spazzes out which can happen a lot. lol
playing my old haunt..LCC again..picking up JUNE 30call for 3.70/3.80....just playing the dips....tgt price is $44....for LCC...makes $5 /share eps...and ahead of bearish jet fuel report wed...helps airlines...tomorrow...
zee
this is it, my friends. Brace yourselves.
More of jakes amazing "valued fib analysis:
"Good news is there's decent support in the 54.50ish area. Bad news is the next fib is all the way down at 49.50. "
TSL now at $52.56.
some support there at "54ish" huh jakey? great job, nicely done,
buy them puts yet?
actually we still haven't started the correction just yet....
nasdaq is still above 2500
sp500 is still above 1500
if you did, you might to take some profit now, they're up 13% already.
but if it breaks $46 on the downside agin, buy some more.
qqqq minute retrace to @ 46.16-46.18 then test, or push thru
This comment has been removed by the author.
CATCHERNTHEYRE...Why are you all over Jake?? That was BEANIE'S prediction yesterday about TSL... As I expected, no response from him on my earlier post..Only followups on BRLC...CMGI...NTRZ..what about TSL??..NO ACCOUNTABILITY..NO CREDABILITY!!
jet fuel...lower prices tomorrow helps INT ..(sells jet fuel)...buying INT..june 35 call 4.80...i might be a dollar too soon on entry, but if my timing is right, i just bagged $200 profit, minimum...INT eps trend is on fire...
zee
Guys did you see how TSL broke down from 56 to 52.5 in like 10 mins'ish. crap very confusing when this happens. i somehow feel its heading lower but 52.5 is just so attractive. there is nothing to prevent this from reaching 50 now.
Am in call cash. Is that the right thing to do?
buying another old haunt...AKAM..june 40 call for 3.30...retest of 42.2 low...seems like a good entry price...as far as general market...i’m buying on the dips...and hope for the best in overnight overseas, action..
zee
Just bought some NYX, accumulating as it falls
Jake ignore the retard man, don't read any of his posts.
Oh, and way ahead of you on the Cubes, Dimness, but thanks for finally at least giving it the old college try.
I got the in the moneys, tho.
Picked some STP @ 35.5
D.
AMGN:
nice finish. I think it's headed back to 60
STP:
100% retracement to 35.40 before rebounding strongly. Let's see if we go up tomorrow.
Took 50% profits from my ONT... left the rest.
She didn't seem to mind.
catherintherye,
i'm going to clean up the board by name only now. Since you came to this board after Jakegint (which gives him priority), i have to start slashing your posts first by name, regardless whether the posts have belligerent remarks. If i see certain key words from your posts, i'll start slashing you througout the day, starting tomorrow.
I recommending Yahoo messenger if you folks like to fight endlessly.
Dimwit... who ever said it had to stop at a fib line??
LOFL!
How farking little bus are you, kid?
Is this your first month?
What's up 14%?
Show us the trade, melons, or get lost.
If you prefer, I'll just stop responding to him, Beanz.
It's like fishing with my brothers kids-- trying to educate him -- anyway.
Those CGPI puts are finally moving better off that intitial plunge...
aww jakey wayey all sad and now his freind got to come to his rescue,
you said thay stop at fibs jakey , you,
if anyone needs education its you jake , you aint been right yet
beanie you can slash all you want jake will still be full of shit and callin out stock and prices he ahs no idea about.
ya know polio was here first too, but then man realised it was bad and try to rid himself of it.
just cause he was here first dont mean shit, he still sucks and our records the last few days prove it.
anyone still short AMZN?
JakeGint: yes, I am shorting it!
JakeGint said...
Dimwit... who ever said it had to stop at a fib line??
LOFL!
How farking little bus are you, kid?
Is this your first month?"
who said it? hmm, lets see,
taken directly from jakegints blog page:
"I'm again fascinated by the behavior of even these small cap mining stocks in respecting their Fibonacci retracement lines."
well that answers that I guess.
go ahead and erase it beanie , jake knows he's full of shit anyway
AMGN had some nice late duy buying, w. over 2mm shares in the final five minutes driving her to $54....
but...
I can't shake the feeling that it's going to fill that old gap at 54.21 or so and then take another dive for five...two (52.14 the five year low) one more time.
Lets all try to get along better
Beanie... Could you please comment on TSL?
Well, he can cut and paste anyway.
Apparently, little bussers get to interpret the meaning of words by whatever's fleeting through their peanut at the time.
Smart enough to ask the Beanz to erase his bleat, though.
This comment has been removed by the author.
Beanie... I'm not being nasty or anything, please don't ignore me. You made a bold prediction yesterday on TSL. Sounded quite confidant. Runup to 70 no problem. Bought 100 shares. Down 650.00 in one day. Should I cut my losses? Or are you gonna leave me and probably others hanging with no response because this prediction was wrong? That's a 10% loss, I need to know what to do now. Thank you. Your freind...Paul.
jake said
"...get to interpret the meaning of words by whatever's fleeting through their peanut at the time."
well explain it then jakey , seems pretty cut and dry to me.
you asked"
Dimwit... who ever said it had to stop at a fib line??"
and you had posted:
"I'm again fascinated by the behavior of even these small cap mining stocks in respecting their Fibonacci retracement lines."
Thats pretty clear anyway you cut and paste it jakey,
which is it ? do they stop at fib lines or not? tell us
I thought that was the whole basis of your fib analysis, for entry points
Lets all try to get along and rededicate and maybe forgive
p.m.,
Why cant you just have a stop on your orders if you cant take heat beyond a point? NO ONE can tell which way anything is headed FOR SURE. None of the solar stocks are going to take off in a short time. This is a long term play.
beanie, why'd you erase the posts of the options for today that jakey wanted, he asked for them i posted them and you erase them , what kind of bullshit is that. he asked for a pick earlier today, i gave it to him, it goes up, and two hour later he doubts it, i post up the closing $ for him and you erase it
you are sad jake, gotta have beanie make you look good cause you can't do it youself
YES ! cut 'em out....thanx beannie, this site has gone dendreon since Catcher joined... albeit with some valid posts, but the bad humour, suprisingly unimaginative insults etc. are just too painful to read... stick to stocks guys....
and who else read that yhoo OPBL "Do you think the Nasdaq Listing is still gonna happen ?" question yesterday - OMG... still laughing...
COCKROACHNTHERYE, the erased posts can be found in your moms hell hole.
beanie slowly earsing all my posts doesn't negate the fact your a moron jake, even though he erased em we still know all the shitty postings you've done here and how they turned out. You know it and beanie erasing everything won't change it. You were shown for what you are, a blowhard, spouting off about shit you have no clue on, and when your called on it you just try to twist shit to another direction. The misdirection don't hide it tho jakey, anyone who read all the shit posted saw thru you today. You are wrong way more than right and you are one of those people who has to be right all the time. never can admit shit jakey, you suck and you know it.
COCKROACHNTHERYE, the erased posts can be found in your moms hell hole.
Impotent COCKROACHNTHERYE wife has been declared the fastest f***er in the world. She won the competition by f***ing 3000 people in an hour.
P.M TSL is hard to predict, yesterday was not a good day to buy, but since you did, you might as well look for the next support level at 50. personally if it get there i'm buying some. if you have the capacity to hold then it wont be a bad idea to keep em, since this will surely go up in time.
Null, If you must know, evan though I didn't ask YOU, predicted runup to earnings next week, 70.00 no problem right? Does a stock lose 10% on anticipated runup on earnings? Bad info instead maybe? Maybe your right. maybe I should have put a stop loss on it. But I'll tell you what buddy, would you have thought stop loss after reading those posts? Go back and check 'em out.
Just revealed:
COCKROACHNTHERYE mom serves him pigs s**t for breakfast. He insists on refill.
I think the cubes are oversold.
Small Bus -- word to your training.
Being "fascinated" by how even small stocks tend to respect their fib lines does not equate to hard and fast points of entry calls on actual trades. Even as complete moron would not make such an allusive leap.
I'd explain further, but your lack of diligence and simple comprehension is not promising much return on my investment.
BTW, I just drew some nice Fibonacci retracement lines on COCKROACHNTHERYE moms hell hole.
Dimwit, don't worry, I remember what you said:
Something along these lines:
"Wait for a break on the cubes of 46.20, then buy the July 46's at 1.02."
Yes?
________________________
All well and good, provided you got them at that price at that juncture.
That's where I'm having the trouble and asked you to post your trade. I don't think they were at 1.02 at that time.
I mean, why not say "buy them at .96" and give yourself a basement-apartment high five?
If we get a correction (5% or above), solar stocks will be down by a good 30%.
Gosu... PLEASE no more mother cracks...
yeeps.
Hey Alok, read the posts! Runup to earnings. When's earnings? May 21st. Does that tell you to get in now up to May 20th, say? Sure does. Please no twisting messages here. Plain as day. Besides, if he doesn't want to respond to what he's called on, he won't. With all due respect ALOK, he doesn,t need someone else to answer for him.
No correction yet..there needs to be some catalyst and we haven't found any yet.
I agree Lane. I don't see any reason for a crash/correction.
But I think solar stocks may be in for a further decline. Moral of the story - I am not touching them, no matter where they go from here.
no problem PM, no offense taken. just saw that you weren't getting what you needed and i feel your pain 10% in one day is not a good place to be for anyone. hope you get it back fast, the positive side of all this is that these are fast movers. who knows you might make it back in 2 days. BOL.
I am praying the solar stocks come down a little more. Hopefully 30% like Gosu said so I can buy in :)
Time to start looking at shorting MA?
Gosu no offense man...but stay away from the mom/wife/osama jokes...you are embarassing yourself
Holy schmoley... remember that LONG LONG term stock I talked about a couple of weeks back? Monsanto (NYSE: MON)?
One for the IRA's... put it away and hold it forever ('cause I think it's the Microshaft of the bioagricultural world?)?
It's up almost five percent today and another buck in AH... (to $62).
This really is one to hold for the duration.
MON is a winner, but evil. I worked there for a very short time. Couldnt stomach it. My conscience was bothered. Had an option on 20k at 13! Quit.
I can't make investments in MON. Ethical compromise for me.
p.m.,
i recall stating that TSL was good if it stays above 60. If it goes below it, you would need to sell if you're daytrading or swinging.
I did not play TSL so i wasn't paying attention after calling it.
Guys, this is what works here in my experience here;
1) When the markets on a roll - up 3-4% in a month, beanies picks will give you 10-15%
2) When the markets give up the momentum - like they are doing now - beanies picks will go down 10-15%.
So, no matter what, you need to feel the pulse of the market.
Hey beanie i got one for you HRBN check it out and tell me what you think, Anyone else's opinion appreciated.
elmyko1
I think we will be range bound in here.
QQQQ between 46-47.
I do not see any signs of crash or 10% correction, but I am surprised by the weakness in Nasdaq and especially the Russell.
I agree with this assessment completely
Market Monitor
* Sellers in control, bounce quickly faded.
* Selling is concentrated in NASDAQ, S&P and Dow Jones still not witnessing major selling.
* Drip, drip selling with only 145 stocks down 4%. Real sell offs have three to five 300 plus days in the beginning.
* After few days some sectors should work. At such turns it is critical to focus on sector action. Corrections lead to sector rotations. Sectors which are not dented by correction like Metals, Energy, Chemicals, Aerospace and Defense, Automobiles, Transport, Health Care, etc. will be my focus once market stabilizes.
* Current readings on Market Monitor show this as more an intermediate correction with possible more long side move ahead. There does not seem to be too much of a hurry in selling. Shorts might be walking in to a short squeeze trap.
* A few weeks of weakness like this might be good as both IBD 200 and Double Trouble have best performance after few weeks of correction. That is when you get many breakouts on stocks which are not overextended.
Boom -- I am very interested to hear about your moral problems with Monsanto?
I have a friend who works there and he loves it. In fact, he was the one who convinced me to jump in back before the split.
Did you have 20k options pre-split at that price???
Acheewawa.
BTW -- are your moral problems related to "franken foods" or their former role as a chemical co.?
Gose -- I too am a bit surprised at the Naz weakness, but not so much the Russell, as it's been getting ahead of itself...
Permabears need to be afraid. You got about 1.5 months to slap the bulls around before the bull stampede arrives.
http://www.nytimes.com/reuters/technology/tech-climate-energy.html?_r=1&oref=slogin
Go long alternative energy (after the correction?)!
Global warming is very real. The detractors are lying even in the face of strong conclusive research for global warming.
Be warned, permabears. The alternative energy hyper bull rally is coming. When it finally gets into the consciousness of the masses that global warming is threatening our way of life, all the money will be pouring into alt energy.
The USA Dollar:
Is this the triple bottom they've been waitin for?
http://stockcharts.com/charts/gallery.html?%24usd
http://news.yahoo.com/s/nm/20070516/sc_nm/climate_dust_dc
SOLAR POWER BUY ALERT....ASTI...BUY NOW.80/20....downside might go 40 cent lower....BUY DSTI on the first doji star= 70/30
ZEE
I'd be careful on the AMZN short...target price has been raised to $82.....something to do with EBAY in a good way...
zee
Beanz, all due respect, but I think you've got your wires crossed.
I don't think anyone is disputing that the earth has warmed a tad (as it has off and on for millions of years). I think the dispute lies in causation.
Is it man made? Then what caused the warming in the 14th century? The Black Plague? What's warming Mars? Martian SUV's?
Or is it caused by normal solar cycles like the one that's peaking right now?
All I'm saying is don't get too caught up in the hype. There's a lot of money in being "green" these days, and it's not just Gulfstream Al Gore that's raking it in.
_____________________
That said, I think there's wisdom in speculating in the more solid alternate energy plays, even though I'd lean towards those that will provide abundant electricity through nuclear capacity than perhaps those from the solar side, which I think will remain a niche power supply until the technology changes.
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