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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, May 18, 2007

Continuing to reiterate that AKAM has bottomed!!!

AKAM closed @ 43.21

I believe this stock has already bottomed at 42 and a new uptrend should be on the way.

buy buy buy!


58 Comments:

Blogger beanie11111 said...

darn it, i was lookin at AQNT the other day. If only i bought some (especially calls). MSFT is acquiring it for 85% premium!!!

Fri May 18, 08:24:00 AM EDT  
Blogger JakeGint said...

Well, you're one up on me, because I never even heard of it....

Fri May 18, 08:33:00 AM EDT  
Blogger CATCHERNTHERYE said...

Jake, check those "link directions again, couldn't get it to work.
especially - #8. "doohickey"? what is this? did I miss something?

Fri May 18, 08:44:00 AM EDT  
Blogger gosu said...

AQNT was a gorilla pick thrice -
Twice in 2006.
Once in 2005

AQNT triggered on 5/10 at $27.29, sold at $24.25 (stop loss) for an 11% loss.

AQNT triggered on 2/23 at $26.38, sold at $23.75 (raised stop loss) for a 10% loss.

AQNT triggered on 10/31 at $21.67, sold at $20 (raised stop loss) for a 7.5% loss.


I cant believe they sold it for a loss every single time.

Fri May 18, 08:46:00 AM EDT  
Blogger CATCHERNTHERYE said...

AQNT, has been in a great trading range past few years, Ive actually bought and shorted this stock a few times,[been @ 6 mos since i played it] I'm so f***'n glad I wasn't on the wrong side of that.

Fri May 18, 08:49:00 AM EDT  
Blogger CATCHERNTHERYE said...

They are trying like hell to run the markets up this AM. What catalyst could there be for an up day today? Cubes up to 46.55 first thing, now @ 46.47, WTF

Fri May 18, 08:53:00 AM EDT  
Blogger beanie11111 said...

Acquisition of AQNT is what's moving the futures higher this morning. I suspect we will get a very strong tech rally today all day.

Fri May 18, 09:13:00 AM EDT  
Blogger beanie11111 said...

Who the heck is buying AKAM premarket this high? Man, you gonna get taken to the cleaners if you keep doing this enough times - buying on a big gap up.

But AKAM could get a 2-3 dollar move today if the markets stay up.

Fri May 18, 09:23:00 AM EDT  
Blogger CATCHERNTHERYE said...

bailed on CSUN, solars falling across the board this AM

Fri May 18, 09:23:00 AM EDT  
Blogger JakeGint said...

Ack, I just typed a post and it disappeared again...

On #8 Catch, it's important that you close the link properly by doing exactly this, w/out quotes, no spaces, in order

(It's tough to do as an illustration because the internal HTML picks up anything not in quotes)

"<"

"/"

"a"

">"

Fri May 18, 09:25:00 AM EDT  
Blogger JakeGint said...

CSUN down a buck in premarket... I thought you couldn't short IPO's for thirty days?

Fri May 18, 09:26:00 AM EDT  
Blogger CATCHERNTHERYE said...

I don't know about the short/ipo rule, I just took money off the table,

Thanks for the education on the link, I'll get it eventually,

Fri May 18, 09:34:00 AM EDT  
Blogger JakeGint said...

AKAM?

I don't think it's bottomed. I think I may take a poke at it at 44.80 here, and if that doesn't work, another at $45.70.

Fri May 18, 09:37:00 AM EDT  
Blogger CATCHERNTHERYE said...

If the cubes can hold $46.55 it'll be alright, but.. makers are running in the exp. day holders, "max pain theory."

Fri May 18, 09:39:00 AM EDT  
Blogger JakeGint said...

Akommies!

Fri May 18, 09:54:00 AM EDT  
Blogger beanie11111 said...

STP:

bought some here 34.45 for a longer term hold

Fri May 18, 10:02:00 AM EDT  
Blogger beanie11111 said...

AVNR should resume its uptrend. Very speculative.

Fri May 18, 10:04:00 AM EDT  
Blogger gosu said...

Pretty close to selling and locking profits.

Fri May 18, 10:06:00 AM EDT  
Anonymous Anonymous said...

Beanie: ...Then where Would you buy AKAM at this point, for a day trade? Thanks. Steven

Fri May 18, 10:10:00 AM EDT  
Blogger JakeGint said...

Stay away from Akommie...

And die, salesforce.commie, die!

Fri May 18, 10:12:00 AM EDT  
Blogger CATCHERNTHERYE said...

This is the most f**'d up market I've seen in awhile, big volume on the downs, weak volume on the ups, and it still goes up, TA does not work on days like this, no support and yet it can't/won't fall. WTF , now breaking high of day, upside b/o of 60 min flag on anemic volume..

Fri May 18, 10:18:00 AM EDT  
Blogger dmyegorov said...

Beanie,

I also picked one lot of STP @ 34.2

Just curious, what is your typical lot size for day trayding and longer term trading?

I am not doing day trading, and my lot size is about $5K -$7K

Dimitry

Fri May 18, 10:19:00 AM EDT  
Blogger beanie11111 said...

HSOA on fire!

Fri May 18, 10:20:00 AM EDT  
Blogger JakeGint said...

Doesn't look like CRM wants to die, huh?

But it has filled the gap from yesterday... now what?

Fri May 18, 10:21:00 AM EDT  
Blogger JakeGint said...

Okay, there's no question I'm a fugnutz... just shorted more CRM @ 45.

Fri May 18, 10:31:00 AM EDT  
Blogger JakeGint said...

At least that bovine mofo John Deere is helping me out today with a nice drop off the cliff.

Fri May 18, 10:42:00 AM EDT  
Blogger JakeGint said...

What?

Did everyone go out for a smoke break?

Fri May 18, 10:42:00 AM EDT  
Blogger JakeGint said...

Out of my DE short at the bounce off the fib line ($15.79).

Closed out at $15.86.

Fri May 18, 10:54:00 AM EDT  
Blogger JakeGint said...

Cubist mothahflickas tapped our old high at 46.65, before starting a descent.

Die, Cubist muthaflickas, Die!

Fri May 18, 11:04:00 AM EDT  
Blogger gosu said...

gosu said...

Pretty close to selling and locking profits.
Fri May 18, 10:06:00 AM EDT


Market peaked at 10:26

Fri May 18, 11:08:00 AM EDT  
Blogger Unknown said...

Chinese raise interest rates, I am extended on margin...All the precursors to a market correction lol

Fri May 18, 11:13:00 AM EDT  
Anonymous Anonymous said...

Beanie, your thoughts please on WFR, currently at 57.59. Thanks. Steven

Fri May 18, 11:20:00 AM EDT  
Blogger gosu said...

ASTI, JASO, STP, SPWR, TSL, FSLR - all decimated on Cramers call.

Fri May 18, 11:28:00 AM EDT  
Blogger aymon said...

Any opinion on ARQL? I heard they're awaiting FDA decision in June. Another DNDN?
Thanks

Fri May 18, 11:28:00 AM EDT  
Blogger Anon said...

short HURC? Missed earns this am, slowing domestic growth. pounding will continue

Fri May 18, 11:36:00 AM EDT  
Blogger JakeGint said...

All right CRM! All right!

No mas!

No mas!

Fri May 18, 12:00:00 PM EDT  
Blogger jet said...

Good time to load up on solars

Fri May 18, 12:12:00 PM EDT  
Blogger JakeGint said...

My ONT trying valiantly to stay above that first fib line ($3.23).

I still think she'll see $3.03 again, but what the hell do I know?

I've been CReaMed already today.

Fri May 18, 12:14:00 PM EDT  
Blogger JakeGint said...

Somebody please wake me up when VDSI hits $19.50 (if it does).

That's like one of Zee's 100-1 go long dealios.

Fri May 18, 12:26:00 PM EDT  
Blogger JakeGint said...

TSL looks like it has support here at $52.00... if not there, then 49.50.

Fri May 18, 12:43:00 PM EDT  
Blogger beanie11111 said...

CRM - the next ORCL - is on its way to new highs.

Fri May 18, 01:10:00 PM EDT  
Blogger beanie11111 said...

CRM:

at least these guys seem to agree with me with CRM being the next behemoth like Oracle:

http://www.fool.com/investing/general/2007/05/18/salesforcecom-building-to-last.aspx


It will be big and i have no doubts about that.

Fri May 18, 01:13:00 PM EDT  
Blogger Unknown said...

hi beanie:

at point do you expect market to correct? also, what stocks will you be looking to short?

Fri May 18, 01:25:00 PM EDT  
Blogger beanie11111 said...

jay,

i expected market to correct awhile ago and it has not. I guess when we least expect it that's when it truly corrects. lol

All we can do is go with the trend until it changes.

AAPL could be a short. Just set a stop loss at 111.

AMZN could be a short. Just set a stop loss at 64.

Fri May 18, 01:30:00 PM EDT  
Blogger zstock7.com said...

at best my short signals are working 60/40.( which ain’t too good folks)....until i get another streak going, i wont be listing any 80/20...having said that i’m sticking with my AMT short...picking up more on Mon..JUNE 42.5 put..I think the put price bottoms on Mon...i’m shorting OMX...june 47.5 PUT at 2.75

Fri May 18, 01:40:00 PM EDT  
Blogger Alok said...

TSL and ASTI looking very attractive today. i hope they continue to fall on monday so that I can get in.

I picked up some TZIX early in the monrning. its moving up from 52 week low on huge vol.

Fri May 18, 01:44:00 PM EDT  
Blogger zstock7.com said...

IYR bottomed at 80.6, SPG and VNO ..too, HIT..is interesting at 65 or 68...right now 70. MGM under 62, looks good, right now 62.7, UTI, at 23.3, at 22.5= 80/20, STP at 34.01 is 90/10, i missed it, will buy at end of day, JUNE 30 calll 4.90 thru 5.50, ok, JBX down on mon. i’m in. FD has bottomed. MNST double top, looks interesting for short.i wish i had bought PCLN three days ago.
zee

Fri May 18, 01:48:00 PM EDT  
Blogger gosu said...

gosu said...

NOPE. I don't think we are going to 12900. No way. No way at this time. Not before we touch 13600.
Mon May 14, 02:09:00 PM EDT

We are going to 13600.
Tue May 15, 10:10:00 AM EDT

Alok, the sell off yesterday was on low volume anyway.
I think Dow hits 13600 before going back to 12900.
Fri May 11, 09:48:00 AM EDT

I don't know about S&P, but I think Dow will see 13600 before any correction to 12900.
Wed May 02, 01:01:00 PM EDT


Haven't I been telling you this all along.

Fri May 18, 01:54:00 PM EDT  
Blogger Anon said...

AKS take out rumor by MT. I think this one is hot

Fri May 18, 02:06:00 PM EDT  
Blogger beanie11111 said...

NYX:

i want you in this stock!

it has bottomed. the folks are sneaking in today. check the june calls!

Fri May 18, 02:16:00 PM EDT  
Blogger dmyegorov said...

Guys,
Explain smth to me:

if CRM is trading @ P/E=12,223.12, furure P/E=304.93, is it a good investment? Just tell me WTF is going on ?

PS I am shorting it from 45.5 today, wish me luck !

Fri May 18, 02:17:00 PM EDT  
Blogger CATCHERNTHERYE said...

Update GT

GT selling 3.4 million shares @ $33, news yesterday, stock was @ $35

Fri May 18, 02:19:00 PM EDT  
Blogger beanie11111 said...

dimitry,

CRM's PE is crazy high because they are putting most of their earnings into research and infrastructure to crush any possible competition. Not to worry, one day when they are done spending on those things, you will be shocked on how much money they can make.

CRM is the next ORCL. Believe it!!!

Fri May 18, 02:28:00 PM EDT  
Blogger JakeGint said...

beanie11111 said...

CRM - the next ORCL - is on its way to new highs.

Fri May 18, 01:10:00 PM EDT


Beginning of CRM drop... 1:15.

All my shorts needed were a little "Magic Beanz!"

Fri May 18, 02:47:00 PM EDT  
Blogger beanie11111 said...

jakegint,

i didn't mean today. I meant the intermediate/longer term.

Fri May 18, 03:08:00 PM EDT  
Blogger JakeGint said...

Beanz, you were yelling to short them yesterday.

Whazzupwitdat?

Fri May 18, 03:29:00 PM EDT  
Blogger dmyegorov said...

JakeGint :

I got the same question, dude :)

D.

Fri May 18, 03:33:00 PM EDT  
Blogger JakeGint said...

Dimitry, why you like the Sands O' Iwo Jima so much?

Fri May 18, 04:01:00 PM EDT  

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