YHOO poised for more gains.
The stock is rebounding. $26 in the short term shouldn't be hard.
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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!
100 Comments:
CME below 587 is a short
Markets rolling over. This will be fun!!
GS now negative for the day. Cant believe it was ALL the rage, just a few hours ago.
HOD for GS 187. Now trading at 180. Amazing swings for all brokerages.
Fasten your seat belts.
The roller coaster rides begins now.
buyers should bid up the financials into the close
too oversold
LEH has a 15 cent dividend today if you hold overnight
Check out the chat on this link:
www.dealbreaker.com
about how the hedge funds are bleeding and blaming....good for some laughs, for some.
NBR, looks bad...it’s down on an up day..i think i can swing trade that as a put...SUN looks bad too..i think they are set to test lower again..
zee
beannie i like your SUNday post...2 months of beardom and then off to see the wizard...XMAS rally is going to be HUGE..
VMWare ipo tomorrow. I dunno how far EMC can go, but whoever bought at 17 last week is sittin pretty.
Cramer thinks VMWare to $60. Moron. (Will i have to eat my own words?)
Stay tuned...
YHOO:
you can buy the sept calls if you don't want to buy the common.
CFC:
short it!
26.80
I hope some of you troglodytes has the presence of mind to add to your short positions. This morning was a gift.
HAS ANYONE NOTICED IWM CAN’T GET OVER 79.9 IT’S 200 DAY....there’s a good reason for that....once a stock goes below rsi 30, it never overtakes a major signal, for a long long time....those who played LIZ and GAS with me, are now expert in (RSI under 30) plays...so use LIZ and GAS experience, and keep buying PUTS IWM sept 77 ...2.05 sell 2.80...see LEN AND RYL , they are good examples of RSI under 30 favors puts / failures.. at major signals...
zee
zee, after today do you now have a better understanding of the market enviroment we are currently in?
Not an inspiring day at all. Futures markets had a mini crash after the cash markets closed.
XNN is a screaming BUY!! Got 5K filled today at my average buy-in of 1.75! Looks like some traders had some margin calls in other stocks that came due today and they were forced to liquidate their holdings in XNN. Someone elses loss is someone elses gain. Today's a great day to follow Warren Buffet's strategy, "buy when others are selling".
I am taking a break from mountain biking in Door County, Wisconsin where the temperature is 74. Back home in SW Missouri it's 103! To those that say the sky is falling, it doesn't when the volume struggles to reach the daily average! Now if this drop occured on volume of 9 million, that would be a different story. To my friend Rochestor, if the 'street knows' this would be occuring on much higher volume.
Well they are giving my dirty looks at the Sister Bay library for staying on-line for more than my 20 minute allotment. May try to get in on the conference call tomorrow if near a payphone. I am more interested in the 2Qtr 2009 call, tomorrows will still be positive future looking statements. Expect earnings to be around 560K. Good luck all even my impersonator friend!
Beanie11111,
Please comment on HOKU.
Thanks.
I will try to buy VMware IPO. Does anyone know it's symbol?
Steve said,
"...it doesn't when the volume struggles to reach the daily average! Now if this drop occured on volume of 9 million, that would be a different story."
What volume are you talking about? XNN? or?
Anon, someone is using my name for all sorts of nonsense. I don't recommend you buy XNN. Stay away from it.
To Ted:
Quit impersonating me you fucking pussy.
XNN is going to go bankrupt. Only an idiot like Ted or Alok would get on a message board and try to pump it up to get people to come in and bail them out of a losing position.
Fundementally XNN is on very bad ground, most likely going BK. Not only that, but small cap stocks in general are doing very badly in this market.
You want the real steve's advice?
Get short XNN, and then when you're done, get short a little more.
Closed out all of my Shorts on all and some of "Alok" & Catcheratherye" long recommendation. A nice return. I don't know about a bottom but pretty happy here. Thx Beannie. Great site! Keep it up.
In fact, after giving it a little thought, I'm going to short XNN myself. This turd is going to one dollar.
XNN is a good short sale.
sgv,
vmware = VMW
VMW:
I gotta take back the Cramer the moron call on VMW going to $60. I thought he meant it will get to 60 tomorrow. He didn't specify a timeframe.
Yes, VMW will most certainly get to $60. Dunno when though.
I suggest you buy VMW on any dip and hold for at least a year. Remember the ipo RVBD last year? The stock tripled after i asked you to get in. Well, VMWare will be much more exciting and much bigger.
Getting VMW below 35 is a steal. Below $40 is nice.
If there is a tech stock i would try to grab on the long side, it would be VMW (VMware). No ifs ands or buts about it! I would sell all my tech holdings, with exception of GOOG, just to grab more of it.
VMC too speculative for you?
BUY NDAQ. Safe play. Target 36 easy.
Beanie,
Thanks for your call on EMC. Just helped in getting some green today. If you have happen to be in LA just let me know.
(real Steve).. not really?
I think that PPI economic report , even though it’s a really hot report, that the market will see 0.2% ( inflation very under control), but that’s a deterrent to any interest rate cut, and so down goes the DOW...(?)
On a side note, the 200MA on DIA used to be 12,700, well since last week it’s moved to 12,770...so if DIA stays above 13,000 for the rest of the month, the 200MA will be at 13,000...someday...
AND no way does IWM go below, 74 this month.....
LOT OF RETAIL REPORTS THIS WEEK...SHLD 1.5 bil buy back and went up..then there’s M,JCP,HD,WMT,KSS
zee
Beanie,
Not saying your wrong but I think vmw opens above 40 and sees 60 fast.I wouldnt buy there just thinking the hype runs it for awhile.
Also I dont really like OB stocks but MBKR.ob reports earnings on the 21st.Looking for positive eps as they are growing fast in the booming Canadian market.The old ceo from lending tree runs it.Only 6 million in the float,could fly.
Also I think your right about BIDU to 1000, before 2010 my guess.
Thanks for the great board.
AVP is a buy!
34.90
VMW opening over 40, i knew it!
Beanie take a look at mbkr.ob for a play next week also.
VMW opening over 40, i knew it!
Beanie take a look at mbkr.ob for a play next week also.
VMW has a market cap double of EMC now, come on people. What are u doing?
XNN is a short!
if you like VMW, then wait to buy VMW. Don't go the EMC route.
????
Even with this rise in IPO price, VMW is still half EMC's market cap.
DOW 12900
SWEET!!
YESS!!!
MACCACACAAAA YAPPEPIEE!!
YHAOOOO!!
This comment has been removed by the author.
What did I tell you...
gosu said...
VMC too speculative for you?
BUY NDAQ. Safe play. Target 36 easy.
Mon Aug 13, 09:11:00 PM EDT
DOW down 86. NDAQ UP 1.5%.
BOT 3000 NDAQ 32.94
SLD 2000 NDAQ 33.45
GS below 175 is a short
WOW! The french CAC-40, the swiss markets and the London FTSE, just fell off the cliff near the close.
SO???? how much XNN sis you short?
this is low of day
get long everything
steve said...
"Once again, impersonator. Pretty sad. I haven't sold my LEND yet and I'm certainly not losing "my ass". Only down a few cents on my position.
LEND now down 9% today puts you down about 18% from the mid sixes, only need a 21% gain to break even from here.
steve said...
In fact, after giving it a little thought, I'm going to short XNN myself. This turd is going to one dollar.
XNN is a good short sale.
Mon Aug 13, 06:42:00 PM EDT
XNN now up 30% so far!.
At $2.30 right now and screaming !
I hope you loaded up on your shorts Steve. Another amazing call. Two in a row, WOW, we're impressed now.
Seems the "fake" steve is smarter than the real one.
Sold remaining NDAQ at 32.95.
Holy Shit!!! What a great cc from XNN!! I may get out of this pos. with a profit yet.
while i still believe there is a shot the markets can still go lower over next few weeks, id be surprised if we dont close positive on S&P.
Got stopped out of my short. Thinking about shorting again here. That cc was nothing but fluff. Nothing solid at all, just big talk that caused a short squeeze. XNN will drift lower from here.
you shouldnt short stocks with market cap under 50mil and be careful for those between 50-100mil
i used to do it but stopped
too dangerous IMO
Yeah, generally I agree with you tv107 but some douche made it personal by using my name to recommend this turd and I've got enough money to burn if I get stopped out here and there. No biggie.
steve said...
......I've got enough money to burn if I get stopped out here and there. No biggie.
Tue Aug 14, 12:24:00 PM EDT
You must be "burning" through it now. Two posts, two losers.
BTW,
Usually anyone who says they got "money to burn" ain't got money to burn. Its hard to see someone more full of shit than gosu, but I think you've done it.
You want us to believe you shorted a stock cause someone used your name to say "buy" it? You're a worse trader than you appear if thats the case.
Good luck with that strategy,
IMO today's close is very critical technically. a weak close and there is 3-4% downside. A strong close and we will remain in the range developed over the last 5-10 days.
lol, Ted my boy, I was wondering when you would chime in. Have you finished your second assignment yet?
Trying to buy on the dip VMC sept 95 / 100 calls look good...a lot of other XLB stocks look good too...EXP...TXI .. testing 200ma
KSS JCP and M get ready to report and they are resting on their 200 ma WEEKLY....KSS is the only one ever gone below its WEEEKLY 200 ma. only once, very breif..
hey gosu, quit posting 12,900
thanks...zee
SNDK looks like a short if the market doesn't pull back up today.
55.8
GS is holding the 171 level as market declines
i think financials will turn around very soon
they have been weaker than the market for last 3 days
when it turns, it will be stronger than market
Ted? Where are you at, shortstack? Did you ever complete what you were assigned? If you found it too challenging let me know, I've got another one for you, son.
XNN starting it's slide back down. Nothing but fluff.
Off to lunch. I'll see ya when I get back, twinkletoes.
market feels deathly quiet midday
the powers that be are gonna shake things up bigtime in an hour one way or the other
I been too busy laughing at your "trading advice", and your loss after loss, to have much time to solve your childish riddles. I think if you maybe spent some time studying your own advice you might not be in the losing posistion your in.
Also, Im trying to avoid the flames of the "money you're burning through."LOL
What was the second assignment again? When I get through cashing out the puts or doubling up at a break of 13,050, I'll see if I can get time to help you out.
z-stock said...
hey gosu, quit posting 12,900
thanks...zee
Tue Aug 14, 01:09:00 PM EDT
HEHEHEHEHE...
DOW 12900...Here it comes...
SWEEET!!!
MACCCACCA YAPPPIEPIEE!!!
What the hell does "MACCCACCA YAPPPIEPIEE!!!" mean?
YD
MBKR.ob will double your money next week. Earnings are the 21st and growth will be huge.Only 6 million share float.Real company,real service, real growth ,not you ordinary ob stock.Do some DD.
QCOM has a very deadly chart. Short it!
MACCACAAA YAPPIEPIEE is an old jon stewart joke!
if ETFC breaks 14.73, load those freakin puts up!!!!!!!!
financials gettin smacked!
COF dying.
Everything is dying.
QCOM days are over!!!
This pos needs to be shorted!!!!
ETFC:
so many aug 15 puts bought today. You think they know somethin?
Going down down down!!!!
Looks like SNDK is a goner too.
Ted, you can't even complete the simple assignment I gave you and yet you expect me to believe that you managed to figure out the immediate-term market direction and then implement an options strategy to profit from it??
Yeah right, thanks for playing peanut, try again.
Now, back to the original subject. I was afraid that I had overwhelmed you with the previous lesson so I'll we'll get back to the basics once more.
I want you to look up the word "hypocrite" on dicionary.com and then get back to me.
Good luck!
QCOM sept puts are great.
Buy em!
ETFC about to die a horrible death. Watch for that 14.73
Why i didn't short CME at 600 is beyond me.
There's still not enough pain yet. When the banks get cut in 1/2 is when we get real pain.
What did I tell you yesterday?
"I hope some of you troglodytes has the presence of mind to add to your short positions. This morning was a gift."
SNDK could tank 4 bucks as early as tomorrow if the market doesn't rebound soon.
no position. Got tied up with others.
Ted
Well then, I'll play along with you.
Let me guess how much you made on those puts.
301.95?
no, no...how about,
276.37?
Close?
(LOL)
Now please, enough with this babble, complete your assignment and then get back to me. Until then I will have to ignore your blubbering.
These aug CME 570 puts are in the $1000 range...i thought 1.40 was cheap...at the time
i think the VMC aug 95 calls at 0.50 might turn into 5x= $250 ...it only costs me $50 to find out
zee
bought 1000 shares of TMA just for the heck of it just before the halt
either im a dufus or a genius
we'll see what it opens after the halt
MAX PAIN ON September 30, 2007.
good job on the TMA call...
sold out over 9
got lucky
it could very well go back to 11-12 but dont want to be bothered
did it as a pure end of day rally
dont want to press my luck
steve said...
Ted
Well then, I'll play along with you.
Let me guess how much you made on those puts."
Simple arithmatic stevie. I made more than you did since both your LEND and XNN were losers for you again today.
Even if it was a dollar, it was more than you made today.LOL
"keep waiting patiently" steve
BEANIE BEANIE BEANIE
MBKR.ob makes a $30,254 profit for the q,trading at 4.5 forward pe! Take a look at .35 this is great.Real growth story here ,the old ceo of leanding tree started the business.
BEANIE BEANIE BEANIE
MBKR.ob makes a $30,254 profit for the q,trading at 4.5 forward pe! Take a look at .35 this is great.Real growth story here ,the old ceo of leanding tree started the business.
Nice trade tv107.
I feel bad for Cramer here. What do you say to buy when the entire market sucks?
Guys ,
\ Dont ignore me because of ANNO and because its an ob stock. This is when traders look for small stocks to trade when the market sucks. MBKR.ob reports an income for the q and trades at 4 forward pe. Get in early it will move.Ceo and REMAX own 30 of the 36 mill float.
KSS,JCP,TGT,WM,STT,MS,RTH, UP huge in after hours 2,3,4,5%....nice...get a releif rally tomorrow, probably....gosus 12,900 is getting*&*^$%, now...gosu give up, you’ve been wrong for two weeks straight now,,,,,i guess 13,000 is the psychological low and trumps your sort of ( 200ma, estimate) ...
zee
Zee, where are you seeing those AH quotes?
Mine does not reflect... maybe my streamer is broken?
CTX,LEN,RYL UP 5 and 6% AFTERHOURS maybe that helps my 0.50 aug 95 VMC calls...only costs $50 to make $250 = VMC at 95.3.....need VMC to go up 5% in two days...
zee
Sorry jake, heres the link
http://www.marketwatch.com/tools/stockresearch/screener/afterhours.asp?siteid=mktw
PLD is up 7% in after hours...might help IYR
The SPY an DIA chart sure look ugly...i don’t see how the DOW can possibly hold above 13,000 for much longer....so i found some lower lows, for support...not saying this happens ...but it is possible...
Spy 156 – 10% = 140 = NEXT SUPPORT down FOR spy...and SPY at 140 = DIA at 126/127...
zee, make up you mind buddy..
z-stock said...
nice...get a releif rally tomorrow, probably....gosus 12,900 is getting*&*^$%, now...gosu give up, you’ve been wrong for two weeks straight now,,,,,i guess 13,000 is the psychological low and trumps your sort of ( 200ma, estimate) ...
zee
Tue Aug 14, 06:47:00 PM EDT
and then in 4 hours...
i don’t see how the DOW can possibly hold above 13,000 for much longer...
DOW 12900!!!
I am loading myself up with JWN.
Hoping it will hit $55 soon.
Beanie, is it time to take profits in VMW? and wtf is wrong with NYX???
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