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!
129 Comments:
Dow futures down 37. Nasdaq down 6. Be careful with buy orders. As always, I think the second leg down is the best to buy.
WFMI is a buy right now at under 40!!!!
WFMI is a buy now!!!!
WFMI is a buy buy buy!!!
Whole Foods Market Inc. saw slowing sales growth and rising costs hurt first-quarter profits. The natural and organic foods retailer's results missed Wall Street's expectations.
May be WFMI is a buy at 37.
WFMI: very strong support at 40
WFMI:
going back to 42
http://stockcharts.com/charts/gallery.html?wfmi
WFMI:
everybody was negative going into the report. It also got a downgrade this morning. IT HAS BOTTOMED at 40 at least for the immediate term.
one can wait and see what happens when the stock opens. I believe that whether or not it goes below 40, the stock should close above 40
Gosu,
As soon as you find any Chineze index ETF, please let me know.
I am considering shorting it.
Thanks.
Chinese : FXI
Also, mutual fund BPTRX just added Whole Foods to their portfolio within the last couple days.
NULL,
Long HGRD, on triangle breakout, Its at a resistance now but move up today above $6.10-$6.15 should negate that,
stops @ 5.90 - $6.00, depending on your tolerance,
1rst resistance - $6.25[light], 2nd resistance $6.40[ medium to heavy], with pattern target of @ $7.40. It' sitting on last bounce of 38% fib retracement now.
Panic selling in WFMI has just begun. Come on, get my order at 37.
Think BRLC is going to get hit hard today because of the sale decline?
elmyko1
Got my puts in place for BRLC!!
CATCHERNTHERYE,
Thanks for HGRD. Keep em coming.
All - This is the right way to show your picks.
@ $8.35-$8.40 last support for BRLC
better bail on a breakdown below that or hold puts.
NULL,
JSDA close to short sale here. short breakdown with volume, below $22.00 and keep tight stops,
Large descending triangle, lotta room to drop from there. we get the breakdown I'll set my targets then.
OPBL going to be a penny stock soon.
WOW.
OPBL getting hammered again!
I warned ya'
I'm short JSDA since pre-earnings. The product sucks, earnings sucked and I think the switch to sugar cane is going to kill margins. Headed to $17. GLTA
I know many have questioned the AKAM trade, but its looking very good today even on a down day.
I'm also getting a piece of HNSN, started accummulation yesterday.
You have a reason for being negative on BRLC earnings. You guys really think they are going to flop, think the short are right? who knows right we'll know after the bell
elmyko1
Anonymous said...
OPBL heading for a nasty fall, in a nice perfect bear flag now, upside test line @ $4.90 may never see it tho, $4.49-$4.47 resistance as well , and it's here now, an then a big drop .. see ya'
hope all you who bought on the tips and didn't do your own DD will learn a lesson here..
Tue May 08, 11:03:00 AM EDT
hope alot of you got out!
GIGM has a nice little run yesterday. Earnings are coming up. Keep this one on your radar boys and girls.
RVBD, advice someone Catchy even you :)
what do you think a decent sell target would be, now that its at an all time high. can you use extended FIB's to calculate something like that?
Oh yea thats what OPBL gets for having shitty management they should have just been straight forward with the dam investors "No one has pulled the plug on us yet" yea but you guys knew it was coming. BMO probaly accounted for probably 40-50 of there revenues.
elmyko1
myke, it's tough to say what will happen with BRLC tonight. I've lightened my position up significantly into earnings. Still have a small long position. good luck
Btrader I think you're on the money,I think it sees $17 in no time, But there's a chance that drop could go to $13.00 - $ 14.00 area
Yeah, I agree Catcher, that gap looks like it wants to be filled.
CATCHERNTHERYE
Got out of BRLC completely.
Great call on WFMI beanie...Got in this morning close to lows.
Please people, get into some of the shipping companies. I've recommended DRYS almost every day this week and it's up more than 16% this week alone.
Baltic Dry index numbers skyrocketed. Check out DSX, NM, DRYS.
Whatever i got to go to work and i did pretty good at the blackjack table the other night so hopefully that luck is still with me. If im wrong i might just have to wait for a little pop to get back out hasn't really traded too much below 7 since nov (since the started making money i believe) I im pretty sure there going to make more money then last quarter. Peace and GL to BRLC longs
elmyko1
btrader
the target for me is the distance between the breakdown point $22, and the prior top $32.50. thats my analysis takoff, and it coincides with the gap, even better. but Im with ya on $17 being the first stalling point or bounce
Should I sell my position in BRLC and just hold the May 10 puts?
I'm up on both so far.
Ah, I see...thanks catcher. good luck
RVBD- great chart and stock, use a trailing stop and ride it up as long as you can depending on you timeframe
with the short interest in BRLC, I wouldn't dump it until it broke down on bigger vol.- somewhere under $8.30 and I'd start to worry, but I think you'll have some covering all day at least.
its a gamble either way that could pay off big, or hurt big, even if it drops outta the gate the huge interest gotta cover sometime, should be a helluva' bounce in that.
AKAM:
bottomed already at 42.
great longer term play.
Hi Beanie,
Need help with SMSI in the short term(1-2 months). It seems like a dead stock.Ihave Jul options on it
no matter what the market does, solar stocks continue to be on fire!
You still don't believe they will lead the new super bull market?
stp fslr tsl spwr
but and hold for a few years, i believe you will be really happy.
short term traders can buy on dips (and sell on rises) and be confident they will rise again.
easy money
sri,
SMSI will be a next quarter sensation. hold and wait.
AAPL:
there is no stopping this beast. iphone is almost upon us.
ICE:
call me when it gets to $700
DRYS is just sick. in since $18. Just sold at $40. Prob get back in soon.
THANK YOU BOOMER. Finally someone acknowledged DRYS. Hot hot hot..
Beanie, whats your opinion on WFR. I used to see that a lot in your previous recoms, but I dont see it in more recent posts. Is it because of the earnings miss?
RVBD is the next NTAP!!!
There are very few techs out there that will run big with the next bull market.
GOSU,
WFR should do well too. Just not a pure solar play.
beanie, what aboot ESLR and JASO as solar plays?
yay, nay?
QQQQ 10 min. charts in a bear flag, next drop to @$46.45.
Beanie: Re your listed alt energy plays, why do you think SPWR is down today when the rest are up? Thanks.
QQQQ- if it breaks $46.40 next stop @ $45.80
big gain in puts if so, but the way this martkets been recovering lately, i'd be cautious.
do your own homework..
Not enough convincing volume in HGRD,
qqqq just broke 60 min bottom for last six weeks trendline, - three week rising wedge puts 1rst downside target @ $.90 drop, $45.88.
got to break and hold $46.40 support first though.
do your own homework
Beanie,
You ve been pumping solar stocks for a while now, can you explain your ratinale behind why they will lead the next bull market? This is the only place I hear about that lol
~V
Time to cover dndn? lol
~V
CMGI:
join the ride or watch in awe. On its way to 10.
steve,
not to worry about SPWR. Just technicals. It will catch up. Believe it!
lane,
the solar companies are making money hand over fist, which means there are amazing demand for solar out there! The amazing thing is that most of these companies are very young.
Why will solar lead the next huge bull market? Just watch the sector! Most the leaders are trading at or near 52 week highs.
oh, ah..btw... my astrologer concurs.
Summer correction upon us?
June 50 puts QQQQ up 31% today,
sellin 1/2 here, hold half for next leg down [hopefully]
Sweet! Get the correction out of our way - sooner rather than later.
Interesting:
ICE, AAPL and MA are still very strong, even in the decimated down market.
Didn't I tell you these yesterday. SWEET!
ERTS, if the stock breaks through support at 49, its a free fall all the way to 40
Update support for ERTS at 48.83, look for strong volume before entering a short trade
Jones in freefall...
JSDA not available for short at IB :(
On the lighter side:
The best government ever
cme at $499 is very tempting...i thought i might see 485..but now im not so sure
zee
I cant wait for margin calls to be issued, like they were on February 27, causing the Dow to plunge 200 points in a matter of seconds.
Gosu,
At what time of the day are margin calls issued?
I pity the NYMEX exchange members. Just in time for their stock option grants to be opened for selling, the stock price takes a dive.
Margin calls are issued usually around 3 pm EST.
Time to short, or
Time to go bottom fishing.
I still like MA, ICE, BOT and AAPL. What do you think. They are well off the highs of the day.
Any signs of market coming back to life will put these guys over the top. What do you think?
This market has been one to buy on dips. Until I see a clear change in that trend that's exactly what I'll be doing with my cash. I'm seeing weakness across the board and am cautiously adding.
Cramer wants you in FRPT!
I don't think we'll be getting the mass margin call mayhem that we got back in feb this time around. The selling is orderly and was expected and needed.
FRPT:
did a bit of research and finds that the company could have a potential total of $8 billion worth of orders by end of 2008. Our government wants about 7500 vehicles as their goal by next year. FRPT virtually has no competitors.
FRPT is the stock to own as an investment!!!!!!!
26.40
i want you in FRPT! and buy more on dips!
Just thought I've had... Why do insiders buy the stock options and exercise them immedietely? Why don't they hold them 366 days so the would benefit from long term capital gains taxes?? Seems like immediate exercise is the norm. ?
i think the mkt might be weak tomorrow also, so i'm also buying cautiously. using today to add a few good names and if we get more weakness tomorrow i'll add some more.
wow, i was expecting the mkt to weaken near the close, but looks like others are also using this opportunity to add a few to their portfolio. cant say i blame them.
Insiders are day traders too!!
Buying and selling the same day is probably the only way to reduce risk and guarantee profits for Insiders.
I have heard stories from a lot of friends about getting options @ 20, wanting to sell immediately, but told to hold off for a year by the CPA, and finding the stock at 2 dollars a year later.
90% loss, trying to save 20% on capital gains tax!
worrying about paying taxes as a reason to hold onto your stock is the worst thing you can do. No reason no logic. Reminds me of those 'Deal Or No Deal' contestants.
BRLC?? Looking a wee bit weak. I'm predicting an AH fall of about $1.
What a ride of the day for ICE and BOT. Amazing!
Alok said...
wow, i was expecting the mkt to weaken near the close,
Thu May 10, 02:48:00 PM EDT
Usually the gut first feeling is the write one!
WOW! The Russell is getting crushed
Hay beans thanks for NTRZ a while back, I wish I bought more, but really nice movement these few days. Still waiting for FSLR to dip, will it ever? I sold mine back at 62, wish I held for earnings.
To, the people who have been waiting for AMZN to go down, todays your day. Ofcourse, everything is so down that it would have been a miracle for AMZN to stay up.
holy cow! This is THE CORRECTION we've been waitin for
wow, now this is a big down day 150 dow, 40 nas, and S&P back below 1500. lets see if it continues into tomorrow.
any thoughts on tomorrow? more pressure?
In case you forgot:
Sell in May and go away.
I think it could just be the start of summer vacation for the big investors.
I was right on the money with BRLC. See my previous post a few before this one.
The question I have is:
Will Dow see 12900 before touching 13600?
I don't think so.
Granted we have come too far too fast, but I think we will be range bound from now on.
13100 - 13600.
wow AMGN fell 10% today, is the news that bad?
"FDA Panel: Wants More Restrictions On Anti-Anemia Drugs"
All Futures up after hours (from the regular close)
Is BRLC completely done - having a lot of bad luck, first with SMSI
and thenwith BRLC
Told you... cover yourself with PUTS!! I have the May 10's. They will be great tomorrow.
Sri,
The way BRLC was acting you could have been out of the stock the last two days.
BRLC:
the ceo is a vicious guy. Dude, he screwed the viewers the first time he was on Cramer's show. Cramer supported him for a second time this week and he slammed the viewers again!!!
lol
I dohave the may 7.5 puts ,the hedging is working fine just not kmaking enough profits
Sri,
Yeah I didnt think so.
Die BRLC!! Die!!
beanie,
what do you think about BRLC? time for longs to get out?
thanks,
markrat
BRLC:
he could have waited a few days before dumping the secondary on us.
He couldn't have picked a worser time to slam the investors, on a huge market down day!
lol
BRLC:What a disaster. Man I'm glad I listened to my gut and lightened up ahead of earnings. Get out.
brlc:
on a good note, the stock may have bottomed at 7.
I'm not quite sure this is the correction I've been waiting for. Still low volume, nevertheless im sticking to my guns and shorts.
one more distribution day for the naz tho, thats four in four weeks, not a good sign, have to see how market plays out tommorrow.
any news on naz futures?
Dow futures down 5, naz, S&P down 1.
SRI,
re:smsi,
I don't know anything about the fundamentals of the company just looking at the chart.
It all depends how long your holding for, short or long term,
I think the chart looks bad, short term. Wide ranging day reversal, indicators goin neg.[money flow, macd] BUT the volume shows accumulation, seems weird but in my opinion this thing sees the lower trend line @ $14.25-$14.50 or so, barring some breaking news or earnings, then see if it'll bounce up off it again.
if it broke below that lower trendline Id be real worried then, long drop from there. @$12 -$10 range, but its just my take, check out the chart and draw your conclusions. have jakey do his fibs, either way you lay the fibs can put you @ $14.27 and $12.20, depending on what you call the top,
http://stockcharts.com/h-sc/ui?s=SMSI&p=D&yr=1&mn=0&dy=0&id=t44598323349&r=9531&depth=24&listNum=&cmd=chartnotes,499|774
good luck tho
WEAK
elmyko1
Beanie you out of BRLC in After hours? I guess im out in the morning that really sucks
elmyko1
Isin't CATCHERNTHERYE the clown that was spamming this board some time back? Why is this retard still allowed to post?
Thats ok Lane. There is something called as forgiveness.
Anyones opinions on BRLC. My guess is its going to dive down to 4-5 even though they raised there outlook there what diluting the shares 30%. I really had high hope for this company and the earnings tonight but boy was i wrong gonna probably sell at 7 tomorrow hopefully i get 7
elmyko1
I think you should pay serious attention to FRPT.
Beanie, could you do some more research on this and let us know.
myke i got out two days back, at that time i was thinking i jumped the gun too fast but thank god i did.
my suggestion would be to let it base before thinking about getting back in, its very hard to say where it will base.
Lane, catchy has stabalized now. its ok, besides he is contributing positively. i guess beanz can allow anon's now. i'm sure pamfla must be itching to put something up hahhaa
Whatever i wanted to take the gamble and i lost so get out tomorrow and try and get something else. This one really was super hyped and seemed like it had good potential so maybe later. Oh yea Seeking Alpha just got knocked down a couple more notches huh beanie
elmyko1
Good article about China:
http://www.chinadaily.com.cn/china/2007-05/11/content_870395.htm
1929 all over again?
Paris Hilton fans enjoy
http://www.youtube.com/watch?v=f8wCNcZwjBE&NR=1
http://www.youtube.com/watch?v=PvkaQy-UyqM&NR=1
Lane said...
Isin't CATCHERNTHERYE the clown that was spamming this board some time back? Why is this retard still allowed to post?
Thu May 10, 09:37:00 PM EDT
i'm allowed just to follow morons like you and keep people out of your idiotic picks and "lame" advice
fuk off "lame" or lane, whatever your name is
catcherintherye i value your opinion what do you think about buying into ntrz??? i think it has a great potential what are your thoughts sir???
CATCHERINTHERYE
what do you think about ntrz?? i think it has a great potential and would like your opinion if not ntrz what do you suggest??
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