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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!

Wednesday, October 17, 2007

Bear Arse Haulin Day!

We will open very strongly due to several strong earnings reports.

Let's see how it ends and let's see what happens with tonite's reports before we back the arse up.

I like VMW (which closed @ 100) and believe it's primed to run. Earnings is Oct. 24

Good luck.


288 Comments:

Anonymous Anonymous said...

Zecco trading, shitty customer service, no after hours trading, poor platform, 5-6 days for ach transfers, wait 3 days for settlements on sells in IRA, reneged on 40 free trades, 10% margin rates. Stay away.

Wed Oct 17, 09:04:00 AM EDT  
Blogger beanie11111 said...

Would you guys like me to write a book and then charge ya $45,000 for a 3-day Beanie Training Camp where i expose my stock market secrets to you? And...best of all, you get free lodge and food.


lol

Wed Oct 17, 09:08:00 AM EDT  
Blogger beanie11111 said...

It seems like everybody is writing a book these days. Doesn't anyone trade anymore? lol

Wed Oct 17, 09:14:00 AM EDT  
Blogger Arun said...

Beanie,
Any buys this morning?

Wed Oct 17, 09:38:00 AM EDT  
Blogger beanie11111 said...

Arun,

No buys this morning. Just waitin for the pull back.

Those who bought VMW for an overnite trade should have taken profits by now.

Wed Oct 17, 09:40:00 AM EDT  
Anonymous Anonymous said...

Whats your current advise regarding
STV?

Wed Oct 17, 10:03:00 AM EDT  
Blogger beanie11111 said...

anon,

i like STV. Going higher. All dips need to be bought.

Wed Oct 17, 10:13:00 AM EDT  
Blogger beanie11111 said...

With the market up this much. It's not prudent to buy anything right now. Wait for the market turnaround or wait and see what happens later afternoon.

Nothing much to do now.

But you can go vote! lol

Wed Oct 17, 10:15:00 AM EDT  
Blogger beanie11111 said...

Just to let you know that FSLR has made all time high

Wed Oct 17, 10:15:00 AM EDT  
Blogger dmyegorov said...

AAPL is all-time high as well.

Beanie, what do you think on EBAY - earnings today.
Thanks

Wed Oct 17, 10:21:00 AM EDT  
Blogger beanie11111 said...

FSLR to 200!

booyah

Wed Oct 17, 10:22:00 AM EDT  
Blogger beanie11111 said...

dimitry,

I have a feeling EBAY will do well. But they did have to writeoff their Skype for a huge loss.

I think it's pretty safe to buy the stock into earnings. Please don't buy the calls/puts. It's too late to do that.

Wed Oct 17, 10:24:00 AM EDT  
Blogger Arun said...

Glad I picked up 200 more FSLR late yesterday for an "overnight day trade"

Wed Oct 17, 10:24:00 AM EDT  
Blogger TV107 said...

beanie...why is FSLR up so much today?

Wed Oct 17, 10:55:00 AM EDT  
Blogger beanie11111 said...

tv107,

Cramer pumped it on Monday and we got technical breakout today.

Wed Oct 17, 11:14:00 AM EDT  
Blogger traderbean said...

SBUX looks like it's ready to move up from here. Target is $30.

Wed Oct 17, 11:23:00 AM EDT  
Blogger TV107 said...

buying big margin into citigroup
it cant go down much more short term

and if the rumors are true, $2 pop

Wed Oct 17, 11:40:00 AM EDT  
Anonymous Anonymous said...

Beanie, be a good little girl and come sit on my lap. I got a throbbing surprise for ya!

Wed Oct 17, 11:42:00 AM EDT  
Blogger TV107 said...

you need to be insane to hold FSLR into earnings
but it may very well hit top target of 160 before earnings

so strong today

Wed Oct 17, 11:46:00 AM EDT  
Anonymous Anonymous said...

I like it when your eyes tear up as you gag on me, Beans. Sexy.

Wed Oct 17, 11:50:00 AM EDT  
Blogger TV107 said...

shortted ACH and LFC and actually made a little money today (although went out of money quite a bit)

like playing with fire

Wed Oct 17, 11:50:00 AM EDT  
Anonymous Anonymous said...

Is SOLF a buy today?

Wed Oct 17, 11:50:00 AM EDT  
Anonymous Anonymous said...

Goddamn it, Beanie! Shut the fuck up, already. You wail and scream like a little bitch while I pound you in the ass.

Wed Oct 17, 11:53:00 AM EDT  
Blogger TV107 said...

once all these stocks get dual listing on shanghai, then shanghai will crack

Wed Oct 17, 12:08:00 PM EDT  
Anonymous Anonymous said...

tv107,

Post something useful.

Who gives a shit if you short/buy a stock for gain/loss!!!

Oh, I made money buy PTR at the open today. LMAO

Wed Oct 17, 12:38:00 PM EDT  
Anonymous Anonymous said...

wats wit all the bad words on here? Pamfla

Wed Oct 17, 12:53:00 PM EDT  
Anonymous Anonymous said...

Will Dow end down -80.00 EOD ?
That would be 3 down days in a row. What would be in store for tomorrow ?
r EBAY earnings that influential?
maybe beannies monday crash will come this week.

Wed Oct 17, 01:07:00 PM EDT  
Blogger beanie11111 said...

Good time to buy VMW if you don't own it.

102

Wed Oct 17, 01:13:00 PM EDT  
Blogger trashcan said...

beanie, new user here, long time reader...!!

Whats up with QMAR, it is tanking today, will it go up?

Wed Oct 17, 01:18:00 PM EDT  
Anonymous Anonymous said...

Careful with VMW. With additional cost from IPO, VMW earnings may be flat this quarter.

It may tank first before moving back up.

Wed Oct 17, 01:19:00 PM EDT  
Blogger beanie11111 said...

trashcan,

QMAR is very overbought in the short term. Consolidation is needed before further move.

Wed Oct 17, 01:29:00 PM EDT  
Blogger beanie11111 said...

Let's wait a bit later before trading anything.

We may be able to get another decent overnite trade.

Wed Oct 17, 01:31:00 PM EDT  
Blogger dmyegorov said...

Beanie,

Did SBUX (Starbucks) bottom now?

The same question on BA.

Thanks

Wed Oct 17, 01:50:00 PM EDT  
Blogger Unknown said...

Beanie, It seems the Market has shift in sentiment. NASDAQ may join the DOW and S&P soon.

Austin.

Wed Oct 17, 01:50:00 PM EDT  
Blogger TV107 said...

HOLY COW
I LEAVE TO GO TO THE COURTHOUSE

AND THE MARKET BLOWS UP

BUY BUY BUY

Wed Oct 17, 01:57:00 PM EDT  
Anonymous Anonymous said...

QMAR ran from 19 to almost 29 at 45 degree angle.

It is call profit taking in an uncertain market.

If you chase, you can get hurt.

Wed Oct 17, 02:01:00 PM EDT  
Blogger TV107 said...

i had to take a double take

i thought for first few minutes it was spy at 153.63 not 152.63

just loaded up on TNH

Wed Oct 17, 02:03:00 PM EDT  
Blogger zstock7.com said...

BA, looks like good support 90/ 95
95 = 200 day
will retest 100 and 107, just don't know when
DIA has good support at 135 = 50 day
that's when im backing in the truck
zee

Wed Oct 17, 02:07:00 PM EDT  
Anonymous Anonymous said...

Beanie, you are a fucking idiot.

Wed Oct 17, 02:18:00 PM EDT  
Anonymous Anonymous said...

should i open a position in YGE here?

Wed Oct 17, 02:23:00 PM EDT  
Blogger TV107 said...

now i dont feel bad about spending an extra quarter at the parking meter at the courthouse

i would have been slaughtered bottom fishing

Wed Oct 17, 02:35:00 PM EDT  
Anonymous Anonymous said...

just loaded up on YGE
Pamfla

Wed Oct 17, 02:48:00 PM EDT  
Blogger Unknown said...

Trashcan and Beanie:

Beanie, giving Trashcan the advice that QMAR is overbought and to stay away is very shortsighted on your part. You admitted that you didn't know anything about the drybulk shippers and that you wanted to stay away. That is fine, but the entire dry bulk sector has been overbought for months. Just looking at the RSI and the MACD without understanding the underlying reasons why it looks to be overbought is, again, myopic.

With that in mind, the entire sector was upgraded yesterday and today. How can an enitre sector that has been "overbought" be upgraded an additional 30%? That is because the entire sector has been waaay UNDERvalued for so long that it is just now starting to approach appropriate levels.

The responsible answer you should have given Trashcan is either:

(1) I don't know or
(2) QMAR has had a nice run beacuse it sector is hot and will be hot for the next 12 months and that there is a buyout rumor for QMAR. The rumor is that DRYS possibly may buy them out for $40-$50. The reason why QMAR is down today is because Oppenheimer downgraded it to a sell and didn't give a reason. IMO, Oppenheimer is manipulating the stock to allow their VIP's to get in at a lower price because QMAR annouces earnings on October 30th. The downgrade was bullshit and this is a buying opportunity.

The bottom line is that just looking at a chart and analyze a stock in a huge growth sector is worthless and shouldn't be done.

Wed Oct 17, 03:15:00 PM EDT  
Blogger dmyegorov said...

WHY STV IS DOWN ?

Wed Oct 17, 03:23:00 PM EDT  
Blogger dmyegorov said...

Zee, i hope you are taking care about your oil-reated shorts.

Wed Oct 17, 03:24:00 PM EDT  
Anonymous Anonymous said...

Good move Pamfla!

I know this is your largest position, just wondering where you will begin lightening up? Thru 50d we should move up nicely imo

Wed Oct 17, 03:29:00 PM EDT  
Anonymous Anonymous said...

I am going to defend beanie on this one.

QMAR is overbought!!! Too fast of a run in too short of a time.

Technical does play a role in trading. No matter what the hype is, the price movements are the real actions.

What is the PE, PEG, Growth for this stock and how does it compare to the sector? Fundamentals also play a role.

If QMAR drops to 23, then I might buy it.

Wed Oct 17, 03:42:00 PM EDT  
Blogger beanie11111 said...

EBAY reports tonite. If you want in, buy the stock.

75% chance of upside
25% chance of downside

Unless you like this stock for the longer term, don't buy it.

Wed Oct 17, 03:47:00 PM EDT  
Anonymous Anonymous said...

Is that a breakout on STP!

Wed Oct 17, 03:47:00 PM EDT  
Blogger beanie11111 said...

Longer term, i love EBAY. They are in the process of creating a community like myspace.com within Ebay. I think that will be hot.

Wed Oct 17, 03:49:00 PM EDT  
Blogger zstock7.com said...

thanks D
UPL is a long term short hold, target $55
and XLE i got my money back and then some, and now i'm out
i'll wait for APA at 100 before shorting XLE again
ZEE

Wed Oct 17, 03:51:00 PM EDT  
Blogger beanie11111 said...

VMW is a good buy for an overnite daytrade.

102.90

Back up the truck if it gets to 102.

Wed Oct 17, 03:52:00 PM EDT  
Blogger beanie11111 said...

FSLR is a good buy for an overnite daytrade.

138.88

Wed Oct 17, 03:59:00 PM EDT  
Blogger beanie11111 said...

Have a great day and i'll see ya tomorrow!!!

Hopefully EBAY beats.

Wed Oct 17, 04:00:00 PM EDT  
Blogger beanie11111 said...

Magi Astrologers say that HANS is a Cinderella stock. That means it could likely become the next Coke. I believe that it is.

http://www.stockmarketcompass.com/articles/apple_computer.htm

Wed Oct 17, 04:01:00 PM EDT  
Anonymous Anonymous said...

Beanie, you're such a dick sucking queer it makes me sick. I hope you get hit by a truck you ignorant piece of shit.

You don't know shit about trading or the markets. All you fucking do is tout stocks that are already up a large percentage. Any ass can look at a stock filter based on % gain and rattle off charts that "look good". Anybody can speak with such ambiguity and make just as many mistakes as you do. Why the fuck don't you just shut down your worthless blog?

You feed off of the praise of newbies; you're pathetic. I also highly doubt that you actually play any of the stocks you tout. Anybody that stupid would lose their entire account within weeks.

Eat a dick.

Wed Oct 17, 04:02:00 PM EDT  
Blogger beanie11111 said...

I think FSLR could be springloaded for a daytrade snapback. Get it under 139. 138 even better. Looks scary i know. But it's given back too much too fast.

Wed Oct 17, 04:06:00 PM EDT  
Blogger beanie11111 said...

Interesting how these insecures come all of a sudden when the market is up up and away!

They likely are coming from the supposedly more respectable Timmy Bear blog.

I am afraid to calculate how many will come if the markets make new highs. Yikes!

lol

Wed Oct 17, 04:09:00 PM EDT  
Blogger beanie11111 said...

We're already up $1 for VMW overnite daytrade. To take profits or not is really up to you. It could go up a few bucks tomorrow.

Good luck.

Wed Oct 17, 04:11:00 PM EDT  
Anonymous Anonymous said...

I'm not a bear you fucking imbecile. Stop making such ridiculous assumptions. I have been bullish for a long time and continue to be a bull. I hope you choke on a cock.

Wed Oct 17, 04:13:00 PM EDT  
Blogger trashcan said...

What do you mean by overnite trade? If I understand correctly is it to buy AH and sell Premarket or early morning?

Wed Oct 17, 04:20:00 PM EDT  
Anonymous Anonymous said...

Anonymous, you are a fucking idiot, if you don't believe what Beanie said then fuck off to some other blogs.

Wed Oct 17, 04:23:00 PM EDT  
Anonymous Anonymous said...

CKHAM--fuck you. I bet you are a newbie just like all the other trash in here.

"In the valley of the blind, the one-eyed man is king."

Wed Oct 17, 04:27:00 PM EDT  
Blogger beanie11111 said...

trashcan,

overnight daytrade means you buy it before the close (because that's when i will issue the alert), and then you sell it either afterhours, the next day's premarket or sometime the next day. I tend to like to sell the premarket of the next day.

Wed Oct 17, 04:30:00 PM EDT  
Blogger dmyegorov said...

I am happy that I boughts 500 stares of EBAY today @39.4

Wed Oct 17, 04:31:00 PM EDT  
Blogger beanie11111 said...

congrats dimitry

Wed Oct 17, 04:33:00 PM EDT  
Blogger dmyegorov said...

Thanks Beanie :)

Wed Oct 17, 04:37:00 PM EDT  
Blogger Unknown said...

Fortune:

You can defend Beanie all you want, but you too would be wrong. Not only is QMAR overbought, but so is DRYS, EXM, TBSI, GNK, DSX and the rest of the dru bulk shippers. Would you not recommend buying any of those stocks either? If that was the case then you wouldn't have recommended buying DRYS a few weeks ago at 75 (because it was overbought then), and you would have missed out on a 50 point move. Same thing with EXM 35-70. TBSI 25-65. DSX 18-36. ETC...

How about BIDU that Beanie rightfully pumps. Been overbought for months. VMW, overbought for awhile now. How about FSLR. YGE. JASON. Shit, I can go on an on.

Chart analysis 101 would tell you that relying on overbought signals to tell you when to buy or sell is not reliable and should be ignored when the stock in question is moving on its growth potential. Period. End of discussion. If you disagree with that, then we will agree to disagree- however i would then tell you that you are dead wrong and need to pick up a charting book.

Wed Oct 17, 04:43:00 PM EDT  
Blogger zstock7.com said...

The problem with getting a rally going are the banks, I see more downside, in most of the bank stocks
I told my readers to short these at the top of the
Falling knife
C,STI,BAC,
FRE,MTB,
BUY RKH at 141 or 138, when you look at this chart, you'll see what i mean, by banks have more downside

Wed Oct 17, 04:48:00 PM EDT  
Blogger beanie11111 said...

jason,

I have already stated days before that i see the dryshippers flyin. I am not in because i have no interest in the sector.

If they correct, it will only be short term because they do have more to go. I've even encouraged my readers to get into dryshippers like DRYS, although it wasn't for me.https://www.blogger.com/comment.g?blogID=8894026&postID=8703973984146453084
Blogger: Beanie11111 - Post a Comment

QMAR is overbought in the immediate to short term, and will consolidate before moving further. I never gave the timeframe for consolidation period, but likely it will be a few days to possibly a few weeks. Nevertheless, in the short term, the stock will have limited upside and likely will go down.

I cannot say it any better than this. I have acknowledged several times that the dryshippers are trending higher.

Wed Oct 17, 04:50:00 PM EDT  
Blogger beanie11111 said...

i dunno how that nonsensical link got in there.. hehe

Wed Oct 17, 04:53:00 PM EDT  
Blogger dmyegorov said...

Bought FSLR @ 138.50

Wed Oct 17, 04:56:00 PM EDT  
Blogger beanie11111 said...

Likely they gonna take the market down tomorrow morning.

Wed Oct 17, 05:13:00 PM EDT  
Blogger beanie11111 said...

If you are a bear, i suggest shorting RIMM and AAPL right now.

Wed Oct 17, 05:16:00 PM EDT  
Anonymous Anonymous said...

Beanie,

Where are all these idiots coming from. I have posted all these times under anon and has always been respectable. These new foul mouthed anon might make Beanie shut me out of this site.

Beanie da man. Long live Beanie, though I didn't like that call you make about shorting AAPL.

AAPL my biggest holding.

Wed Oct 17, 05:23:00 PM EDT  
Anonymous Anonymous said...

Beanie, TV, ARUN,

What do you guys think of NOK and SNDK as earning play for tomorrow?

Wed Oct 17, 05:25:00 PM EDT  
Blogger beanie11111 said...

anon,

Don't worry. AAPL & RIMM was just a daytrading call. Just for one day.

Bread n' butter for us daytraders.

Wed Oct 17, 05:42:00 PM EDT  
Blogger beanie11111 said...

anon,

My opinion is that, regarding earnings,

SNDK has 75% upside
SNDK has 25% downside

Wed Oct 17, 05:43:00 PM EDT  
Blogger TV107 said...

wow
what a dump on EBAY

no clue on NOK or SNDK
rarely trade those stocks
i'll probably look into SNDK but trade it after or as it reports

Wed Oct 17, 05:44:00 PM EDT  
Blogger beanie11111 said...

If you didn't take profits on EBAY, and saw everything slide slippin away, i dunno what to say.

Wed Oct 17, 05:44:00 PM EDT  
Anonymous Anonymous said...

Beanie

why arent u calling for STV to be at $100?
whats wrong with it now?
are u done with it?

Wed Oct 17, 05:46:00 PM EDT  
Blogger beanie11111 said...

I repeat, AAPL & RIMM short is ONLY for a DAYTRADE. Short here afterhours and cover sometime tomorrow.

Wed Oct 17, 05:47:00 PM EDT  
Blogger beanie11111 said...

STV:

Don't worry about this stock. Buy at 44 area. It will see 100.

Wed Oct 17, 05:49:00 PM EDT  
Blogger TV107 said...

ebay looks like a buy in low 40s

it will get upgraded by every brokerage tomorrow

Wed Oct 17, 05:50:00 PM EDT  
Blogger beanie11111 said...

WE ARE GOING DOWN IN THE MORNING!!!

I JUST READ THE CHARTS TO CONFIRM.

THE BEARS FOOLED THE LONGS INTO THE CLOSE.

Wed Oct 17, 05:54:00 PM EDT  
Anonymous Anonymous said...

Bought EBAY today on as an earning play. Dump 500 shares at 43.47 and another 500 at 42.52 in afterhours.

It did go as high as 43.80

The money I made on EBAY got wiped out on CTXS.

Wed Oct 17, 05:55:00 PM EDT  
Blogger beanie11111 said...

Short abay, aapl, fslr for an overnite daytrade.

Wed Oct 17, 05:56:00 PM EDT  
Anonymous Anonymous said...

Am I the only one that is disappointed with today's action? What seemed and started out with so much promises turned into a blah blah day.

Wed Oct 17, 06:00:00 PM EDT  
Anonymous Anonymous said...

Just bought SNDK and NOK as an earning trade.

Wed Oct 17, 06:02:00 PM EDT  
Blogger beanie11111 said...

Let me cross out EBAY for now. Never know for sure when it comes to earnings. I gotta go. See ya tomorrow!

Short AAPL & RIMM only.

Wed Oct 17, 06:05:00 PM EDT  
Blogger vonpinscher said...

to all newbies: i have watched beanie on this blog for a year and i can guarantee you that when beanie says STV will be 100 it will happen when beanie says YGE will be 40 by the end of this month it will happen -- give a few days or so either way -- the biggest problem is impatience -- you need to give things a little time to happen --

Wed Oct 17, 06:08:00 PM EDT  
Blogger TV107 said...

cramers a moron

everyone on the street knows about these stocks

he is so late

bagholders on these drybulk shipping

Wed Oct 17, 06:18:00 PM EDT  
Blogger TV107 said...

at least he is talking about the big dividend ones

not one like DRYS

Wed Oct 17, 06:21:00 PM EDT  
Anonymous Anonymous said...

Beanie,

How can you short AAPL with news like this?

http://macdailynews.com/index.php/weblog/comments/15227/

Wed Oct 17, 06:33:00 PM EDT  
Anonymous Anonymous said...

what do you guys think of buying C as a trade in case prince leaves?

Wed Oct 17, 06:49:00 PM EDT  
Blogger TV107 said...

was there news on stv for the AH dump?

Wed Oct 17, 06:53:00 PM EDT  
Anonymous Anonymous said...

cramer said to stay away from STV

Wed Oct 17, 06:57:00 PM EDT  
Anonymous Anonymous said...

On October 8, Cramer said to buy STV.

I think Cramer is on crack.

Wed Oct 17, 07:02:00 PM EDT  
Anonymous Anonymous said...

beanie,
any thoughts on divx at these levels?

Wed Oct 17, 07:29:00 PM EDT  
Anonymous Anonymous said...

How many times to I have to tell you people that Cramer is a clown?

Wed Oct 17, 08:35:00 PM EDT  
Anonymous Anonymous said...

Jesus Christ Beanie! YOU ARE RETARDED.

The fucking indexes aren't going to sell off; they're headed higher tomorrow morning. You are just a reactive piece of shit with absolutely no ability to read the market. Just because the market sold off this morning after good earnings yesterday doesn't mean it's going to do it again. Your mind is about as simple as a child's.

Mr. Anon

PS--I can't wait to post in your fucking face tomorrow and show everybody what a bitch and shitty trader you are.

Wed Oct 17, 08:38:00 PM EDT  
Blogger beanie11111 said...

oh man, just realize i made a big mistake when i post to short EBAY, AAPL , and FSLR.

I meant to short EBAY, AAPL and RIMM.

And then i took out EBAY (i think it will drop tomorrow but i'm not gonna risk an upgrade)

Sorry everyone, especially Dimitry who bought FSLR at 138.50 . I believe it will go higher tomorrow. Hope you didn't sell because of me.

Wed Oct 17, 08:48:00 PM EDT  
Blogger beanie11111 said...

And remember that those shorts are only for a daytrade. You need to take profits (or loss as the case may be) if you got them tomorrow. The market should rally late tomorrow before GOOG's earnings. There's a 75% chance it will be good and we rally on Friday as well.

Wed Oct 17, 08:53:00 PM EDT  
Anonymous Anonymous said...

AHHH-HAHAHAHAHA! Watch Beanie now capitulate like the little slut that he is. AHHHH-HAHAHAHA.

Wed Oct 17, 09:00:00 PM EDT  
Blogger beanie11111 said...

So all in all, i called for 4 overnite daytrades.

long VMW @ 103
long FSLR @ 139

short AAPL @ about 172
short RIMM @ about 114

Wed Oct 17, 09:01:00 PM EDT  
Blogger beanie11111 said...

More likely than not, we will open lower and then close higher.

Wed Oct 17, 09:02:00 PM EDT  
Blogger trashcan said...

What is going on with STV? It tanked AH, any news that I am not aware of?

Wed Oct 17, 09:16:00 PM EDT  
Blogger beanie11111 said...

Since i only recently started giving you folks overnite daytrades , i want to explain a little more how we are gonna play this typically. You probably wonder how is it possible to be profitable with 2 shorts and 2 longs all in the same morning, right?

My hope is that the market gaps up slightly, allowing you to take profits on VMW and FSLR, and then the traders come in and fade that gap, causing both RIMM and AAPL to go negative and be profitable for you.

Another possibility is that the market gaps down in the morning, allowing you to take profits in AAPL and RIMM. I picked VMW and FSLR as longs because i don't think they will gap down that much. After the market gaps down, traders will come in and fade that gap and move the market back up, hence allowing our position in FSLR and VMW to be profitable.

Comprendez-vous?

Wed Oct 17, 09:22:00 PM EDT  
Blogger beanie11111 said...

STV only down a buck and change afterhours. Any dip in the morning, you should buy buy buy!

Wed Oct 17, 09:25:00 PM EDT  
Anonymous Anonymous said...

Yo Beanie.. ****NEW IDEA*** to shut the anons' and gosus' of the world..

FULL DISCLOSURE: Beans you post your End of day positions. We can see how much risk you are taking yourself. But do it after hours so the newbee don't F*ck themselvs up.

Wed Oct 17, 10:43:00 PM EDT  
Anonymous Anonymous said...

Beanie is a fraud. He also has a harry pussy.

Wed Oct 17, 10:56:00 PM EDT  
Blogger gosu said...

beanie11111 said...

WE ARE GOING DOWN IN THE MORNING!!!

I JUST READ THE CHARTS TO CONFIRM.

THE BEARS FOOLED THE LONGS INTO THE CLOSE.
Wed Oct 17, 05:54:00 PM EDT


All my technical indicators point to a continuation of the downtrend.

Today is the Bradley Turn Date October 17th. INDU Channel and this is key.

13950 top and 13395 bottom.

So if we break back down into it, we test at least that lower band.

Careful near term.

Wed Oct 17, 11:02:00 PM EDT  
Blogger gosu said...

richard said...

to all newbies: i have watched beanie on this blog for a year and i can guarantee you that when beanie says STV will be 100 it will happen when beanie says YGE will be 40 by the end of this month it will happen -- give a few days or so either way -- the biggest problem is impatience -- you need to give things a little time to happen --

Wed Oct 17, 06:08:00 PM EDT


Go back and read Beanie's posts a year ago and you'll see for yourself how accurate his stock predictions have been! :)

Wed Oct 17, 11:05:00 PM EDT  
Blogger gosu said...

The coward anonymous idiots are baaaack!!!

Wed Oct 17, 11:16:00 PM EDT  
Anonymous Anonymous said...

I agree with you, Gosu, particularly if this market sells off next week. be very cautious of the graveyard doji that formed on the daily chart yesterday.

FWIW - Thanks, Owyheetrader

Wed Oct 17, 11:18:00 PM EDT  
Blogger zstock7.com said...

rumor in China
US ADR's of chinese stocks, will be opened up to Chinese public, by the chinese gov't..
that's why chinese stocks way up today


zee

Wed Oct 17, 11:19:00 PM EDT  
Blogger zstock7.com said...

BAC reports tomorrow, good luck..SPY...that's going down BIG


the VIX, is actually going down, because the DOW is going down so slowly, that's it's like a controlled burn...

QQQQ can't break above 53.6, ever / short at 53.6

Wed Oct 17, 11:31:00 PM EDT  
Blogger zstock7.com said...

when banks report market goes down, when tech reports, market breaks even
HUGE rally coming when DIA at 135

Wed Oct 17, 11:33:00 PM EDT  
Blogger zstock7.com said...

bank stocks are already going below rsi 30 and that's really really bad
that = another 8% to 11% down on banks..

Wed Oct 17, 11:37:00 PM EDT  
Anonymous Anonymous said...

Buy the correction!

Buy fundamentally strong stocks.

Buy growth.

If you are not on margin, then you have nothing to worry about.

Don't buy the hype.

Let's see a raise of hand of those who bought on August 16.

When is that correct coming anyways?

Wed Oct 17, 11:37:00 PM EDT  
Anonymous Anonymous said...

To all newbies:

You cannot take recommendations from blogs blindly.

Tuesday, September 25, 2007
Find your way with GRMN!

GRMN closed @ 118

Buy buy buy!

Beginning of October, the stock corrected to 95 based on news.

Did you sell, hold, buy more?

Wed Oct 17, 11:47:00 PM EDT  
Anonymous Anonymous said...

DSX,PRGN, Cramer pump

I like DSX at close,,
good for a few in A.M.

ChinaWhite

Wed Oct 17, 11:55:00 PM EDT  
Anonymous Anonymous said...

Looks like that was a good gamble on NOK. Now I hope SNDK and GOOG do the same.

Yeah baby!

Thu Oct 18, 06:26:00 AM EDT  
Anonymous Anonymous said...

Beanie,

Looks like it might be a bad call shorting AAPL and RIMM. STV would have been the overnight short.

AAPL to 200 by Nov option expiration.

Thu Oct 18, 06:58:00 AM EDT  
Anonymous Anonymous said...

BAC earning was awful

Thu Oct 18, 07:12:00 AM EDT  
Anonymous Anonymous said...

Beanie,

GOOG and ISRG as earning plays?

Thu Oct 18, 07:22:00 AM EDT  
Anonymous Anonymous said...

Futures were up and looking like market was to open higher then comes the BAC disaster.

Beanie is da man. Looks like his overnight shorts will make money.

Still think aapl will close higher today though.

Thu Oct 18, 07:26:00 AM EDT  
Blogger TV107 said...

with all the upgrades (it did get one downgrade), i think ebay can break 41 today

Thu Oct 18, 07:57:00 AM EDT  
Blogger TV107 said...

that FXI, ACH< LFC crazy pump yesterday suckered in a lot of longs

looks like smart thing is happening....shanghai markets will drop as HSI slowly moves up (but not that much)

Thu Oct 18, 08:00:00 AM EDT  
Blogger TV107 said...

holy cow
spwr beats by 5 cents

these solar companies actually do have earnings

Thu Oct 18, 08:02:00 AM EDT  
Blogger beanie11111 said...

ok, AAPL&RIMM profitable. I think there will be more downside this morning. They could drop a few bucks.

This was a successful call. Where you take profits is up to you.

Now we have to wait forVMW & FSLR.

I guess I should have kept the EBAY short . :)

Thu Oct 18, 08:06:00 AM EDT  
Blogger beanie11111 said...

Folks, if we stay down today, RIMM and AAPL could have a long ways to go, hitting the skids.

Thu Oct 18, 08:13:00 AM EDT  
Blogger dmyegorov said...

I don't believe I did not sell EBAY in afterhours yesterday !!!

Shit!

Thu Oct 18, 08:16:00 AM EDT  
Blogger TV107 said...

fslr will go down if these spwr losses stick
down nearly 5 percent

Thu Oct 18, 08:16:00 AM EDT  
Blogger gosu said...

gosu said...

All my technical indicators point to a continuation of the downtrend.


SWEEEET!!!

Thu Oct 18, 08:26:00 AM EDT  
Blogger beanie11111 said...

What a bunch of jokers. VMW is a superb buy under 101

Thu Oct 18, 08:51:00 AM EDT  
Blogger beanie11111 said...

whoo hoo! I'm not gonna have my ugly face plastered on the walls.

"Jesus Christ Beanie! YOU ARE RETARDED.

The fucking indexes aren't going to sell off; they're headed higher tomorrow morning. You are just a reactive piece of shit with absolutely no ability to read the market. Just because the market sold off this morning after good earnings yesterday doesn't mean it's going to do it again. Your mind is about as simple as a child's.

Mr. Anon

PS--I can't wait to post in your fucking face tomorrow and show everybody what a bitch and shitty trader you are."

Thu Oct 18, 08:57:00 AM EDT  
Blogger beanie11111 said...

Looks like we're setting the stage for another rate cut, Oct end.

Thu Oct 18, 08:58:00 AM EDT  
Blogger beanie11111 said...

GOOG earnings is tonite.

75% chance of beating the streets and moving higher afterhours.

25% chance of getting its spleen taken out.

Thu Oct 18, 09:01:00 AM EDT  
Blogger beanie11111 said...

I have to admit that VMW and FSLR overnite daytrade was the wrong call (should have checked with RIMM and AAPL first before making the call), but we may be able to salvage something today, as a result of GOOG going to report tonite.

Thu Oct 18, 09:04:00 AM EDT  
Anonymous Anonymous said...

I am new here. Do you trade overnight for a 2% profit? A 5% profit?

Thu Oct 18, 09:07:00 AM EDT  
Anonymous Anonymous said...

Indian stock market was down 3.8 % and Shanghai Index down 3.5% overnight. Also HK was off 500 pts from intraday high over 30,000.

Could this be the the biginning of significant correction for red-hot Asian markets?

I agree if the US market does not swing back like it did yesterday, then more selling will probably follow suit.

Is "Black Monday" a real possibility next week?

Thu Oct 18, 09:08:00 AM EDT  
Anonymous Anonymous said...

I'm going to laugh at all you fuckers. The gap down was unpredictable. The indexes were headed higher into BAC meaning the path of least resistance was UP. Beanie didn't call shit unless he specifically said "BAC earnings and Wall Mart price cut will scare buyers."

I am buying this gap, and markets will close higher today. Mark my words. Beanie is a fraud.

Mr. Anon

Thu Oct 18, 09:08:00 AM EDT  
Blogger TV107 said...

its very simple
google needs to save the markets tonight

Thu Oct 18, 09:09:00 AM EDT  
Blogger beanie11111 said...

mr. Anon,

The gap down is very predictable. Even if it did not gap down premarket, it WILL go down in the morning. How the indexes closed was telling.

Thu Oct 18, 09:13:00 AM EDT  
Blogger beanie11111 said...

VMW is a great buy here at 100.5

Thu Oct 18, 09:15:00 AM EDT  
Blogger beanie11111 said...

If they treat GOOG like they treat EBAY, bulls gonna be screwed tomorrow. lol

Thu Oct 18, 09:17:00 AM EDT  
Blogger beanie11111 said...

mr. Anon,

Don't get too attached to news. This morning's red has very little to do with BAC. It has more to do with the chart technicals. BAC was just an excuse. Ever watch CNBC? They gotta give you excuses all time time.

Thu Oct 18, 09:21:00 AM EDT  
Blogger beanie11111 said...

FSLR is too oversold. Going higher.

Buy buy buy!

Thu Oct 18, 09:42:00 AM EDT  
Anonymous Anonymous said...

Beanie,

You don't know squat about technicals. Where's the market now? Assfucker.

Mr. Anon

Thu Oct 18, 09:44:00 AM EDT  
Anonymous Anonymous said...

can't we all just get along? If you're short, why can't you be professional like TV or Gosu?

Thu Oct 18, 09:58:00 AM EDT  
Blogger Unknown said...

Beanie, is this your predicted Oct crash?

Austin.

Thu Oct 18, 10:00:00 AM EDT  
Blogger beanie11111 said...

No austin, the indexes are not down big enough to get a crash. Not yet anyways.

Thu Oct 18, 10:09:00 AM EDT  
Anonymous Anonymous said...

What's been amazing is that it seems all these companies know who I am and when I am buying...

As soon as I buy, the stock tanks. WTF.

Thu Oct 18, 10:16:00 AM EDT  
Blogger Unknown said...

At some point the market has to react to the earnings of these big companies doing well. Right now the market reacts to housing. We all know the housing market sucks and will continue to suck for at least the next 6 months. I don't know why these jokers move the stock market moreso with the housing "crisis" rather than the earnings of actual stocks. Earnings have been great so far. SNDK reports tonight. Google as well. If they report stellar results tech should go through the roof tomorrow. Any tech stock is in play with Google. If you can't afford enough Google to make a difference, consider buying any big tech stock. Should go up as long as GOOG reports well. SNDK too. Should be interesting.

I do believe the market will turn around later this afternoon however.

Thu Oct 18, 10:18:00 AM EDT  
Blogger beanie11111 said...

OK FOLKS. I AM GETTING A BAD FEELING ABOUT THIS MARKET.

FIRST AND FOREMOST, PLEASE GET RID OF ALL MARGIN .

SECONDLY....

(next post)

Thu Oct 18, 10:22:00 AM EDT  
Anonymous Anonymous said...

I always fade Beanie and I am very long stock index futures since 10:00am. Screw you Beanie!

Mr. Anon

Thu Oct 18, 10:24:00 AM EDT  
Anonymous Anonymous said...

Fuck you Beanie, you suck at the markets. Get a real job. You can't cut it in the trading world.

Thu Oct 18, 10:28:00 AM EDT  
Blogger beanie11111 said...

TAKE PROFITS ON ANYTHING THAT YOU GOT.

(continued)

Thu Oct 18, 10:37:00 AM EDT  
Blogger beanie11111 said...

AND THAT INCLUDES SOLARS! (at least take 1/2 off the table)

(continued)

Thu Oct 18, 10:37:00 AM EDT  
Blogger beanie11111 said...

FSLR overnite daytrade is now profitable. You are on your own now.

Thu Oct 18, 10:40:00 AM EDT  
Anonymous Anonymous said...

Get long, get long. Beanie sucks.

Thu Oct 18, 10:41:00 AM EDT  
Blogger beanie11111 said...

VMW has it breakeven earlier(although it was $1 buck profitable yesterday afterhours).

Thu Oct 18, 10:41:00 AM EDT  
Blogger beanie11111 said...

I AM NOW REDUCING GOOG'S UPSIDE POTENTIAL FROM 75%/25% TO 50-50.

I HAVE A FEELING THAT BY THE END OF THE DAY I WILL BE REDUCING IT EVEN FURTHER TO 25% CHANCE OF UPSIDE VS 75% DOWNSIDE. WE WILL SEE.

(continued)

Thu Oct 18, 10:46:00 AM EDT  
Anonymous Anonymous said...

What is your level of support for the indicis--technically speaking?


Cook

Thu Oct 18, 10:51:00 AM EDT  
Blogger beanie11111 said...

Cook,

2775 but more important 2750 on the nasdaq

Thu Oct 18, 10:54:00 AM EDT  
Anonymous Anonymous said...

beanie, oh beanie

ARE YOU TRYING TO BE A CRAMKER WANNABE? WHY ALL THE SHOUTING? WHAT'S THE REASONING BEHIND ALL THIS WITHOUT ANY MERIT?

SELL EVERYTHING! THE SKY IS FALLING, THE SKY IS FALLING!

Thu Oct 18, 10:54:00 AM EDT  
Blogger TV107 said...

unreal turnaround on SPWR
like MON last week

Thu Oct 18, 10:57:00 AM EDT  
Anonymous Anonymous said...

Volumes are low. The market is not conducive to strong trends in the market. It is likely to drift higher which is why I'm long and not listening to dumb Beanie.

None of the technicals worth watching are bearish.

Mr. Anon

Thu Oct 18, 10:59:00 AM EDT  
Anonymous Anonymous said...

SELL STV WHILE YOU STILL HAVE PROFIT!

THAT SUCKER WILL GO TO 40 AND FILL THE GAP. CRAMER BEARISH ON IT.

Thu Oct 18, 10:59:00 AM EDT  
Anonymous Anonymous said...

hi Beannie,

fairly new here - read your comments on other blogs for awhile and only bullish comments - have you been bearish on your blog before?

Thu Oct 18, 11:02:00 AM EDT  
Blogger Mihir said...

Beanie,

Do you think AAPL and HANS will go down? Should I sell those two also? I am in for long term.

Thu Oct 18, 11:03:00 AM EDT  
Blogger Unknown said...

can anyone explain to me this one:

daytrade left (T,..,T+4) (1,2,2,2,2)

I am not sure if i am close to exceeding my daytrade limit or not.

Thu Oct 18, 11:07:00 AM EDT  
Blogger beanie11111 said...

yes magnet, i have been bearish before.

Thu Oct 18, 11:11:00 AM EDT  
Blogger beanie11111 said...

i agree with fortune8, in light of what i just said, i don't want you to do dip buying today on STV.

Thu Oct 18, 11:12:00 AM EDT  
Blogger beanie11111 said...

mpatel,

if you are not on margin, it's ok to keep AAPL and HANS. But i think AAPL is due for a correction.

Thu Oct 18, 11:13:00 AM EDT  
Anonymous Anonymous said...

ozzee,

you can make one more daytrade today. if you choose to do so today then afterward it will look like this:
daytrade left (T,..,T+4) (0,1,1,1,1)

If you make a daytrade today then you will not be able to make anymore today. however you can still close out positions that you made prior to today. Starting tomorrow you can make another daytrade.

aymon

Thu Oct 18, 11:15:00 AM EDT  
Blogger beanie11111 said...

YOU FOLKS HAVE TO STAY ALERT AND BE CAREFUL. PLEASE GET OUT OF MARGIN. YOU ARE NOW A TEENAGE NERD WHO IS WALKING TO SCHOOL ON YOUR OWN. YOU LOOK LEFT AND YOU LOOK RIGHT. YOU JUST HAVE AN EERIE FEELING THAT SOME BULLY IS GONNA SMACK YOU FROM BEHIND. YOU DON'T SEE ANYONE BUT YOU FEEL HE'S COMING.....

(continued)

Thu Oct 18, 11:16:00 AM EDT  
Blogger beanie11111 said...

I AM OUT OF ALL LONGS.

(CONTINUED)

Thu Oct 18, 11:21:00 AM EDT  
Anonymous Anonymous said...

BUY HERE BUY HERE BUY HERE--note the time.

Mr. Anon

Thu Oct 18, 11:22:00 AM EDT  
Anonymous Anonymous said...

why are you turning bearish, beanie?

Thu Oct 18, 11:24:00 AM EDT  
Blogger Unknown said...

aymon,
Thks!
kind of confusing compare to Ameritrade...straight forward: 1 of 5 day trade/round trip.

If i daytrade another one today, Do i flag as daytrader?

Is it bad to get flag as a daytrader?

oozze

Thu Oct 18, 11:28:00 AM EDT  
Anonymous Anonymous said...

Beanie,

Thank you for being such a good contrarian signal (against your calls).

Mr. Anon

Thu Oct 18, 11:29:00 AM EDT  
Blogger beanie11111 said...

Let's buy some FCX nov 90 puts for .79 or less.

Thu Oct 18, 11:30:00 AM EDT  
Blogger beanie11111 said...

VMW can be shorted.

Thu Oct 18, 11:33:00 AM EDT  
Anonymous Anonymous said...

I love watching the markets move against Beanie. It's a pretty common occurance if you really listen to this guy. Constantly changing his mind.

Thu Oct 18, 11:38:00 AM EDT  
Anonymous Anonymous said...

Watch, he will become bullish later today. I can read Beanie like a chart!

Mr. Anon

Thu Oct 18, 11:39:00 AM EDT  
Anonymous Anonymous said...

oozze,

I think if you have less than 25k in your account the system will not let you initiate any more position after you have used up your daytrading ticket for the day. Thus i don't think it will flag you as a daytrader since the system will not allow you to break the rule.

If somehow you were able to make another daytrade after you have used up your daytrading ticket for the day then you will be labeled as a daytrader and I think they will suspend your account until you have 25k in your account.

aymon

Thu Oct 18, 11:50:00 AM EDT  
Blogger Logan Cole said...

oozze,

if you make another day trade they take your margin privelages away for 90 days so dont do it. and if you do it again after that they take away margin completely. Dont make another day trade it isnt worth losing margin.

Thu Oct 18, 11:55:00 AM EDT  
Blogger beanie11111 said...

YOU STILL THE NERD WITH AN EERIE FEELIN AS YOU CONTINUE TO STROLL CAREFULLY DOWN THE STREET...

(continued)

Thu Oct 18, 12:04:00 PM EDT  
Anonymous Anonymous said...

beanie,

every analysts who follows GOOG have upgraded the stock in the last couple of weeks..do you think that means GOOG will do real well on earnings, and stock will go up after earnings?

Peter

Thu Oct 18, 12:06:00 PM EDT  
Blogger Dan Fox said...

Beanie,

What are you seeing that is making you act like Chicken Little? I think your picks are great overall but today seems out of character for you.

Plus whats with the caps?

I did get spooked when I noticed the 3rd or 4th biggest Dow drop happened almost to the day of the 87 crash in 1997. 1987-1997-2007 ?? Silly I know but odd...

I will personally be happy once November starts and everyone forgets about 1987.

Thu Oct 18, 12:25:00 PM EDT  
Anonymous Anonymous said...

I have now joined Gosu and Beanie in exiting the market. I am in sit on my hands protect my capital mode.

If GOOG disappoints I feel weakness will start hitting the small caps again. This quarter is setting up the same as last.

Please pull in your horns or at least play with smaller positions.

Since we're coming into the end of Oct expect this years losers to be pressured even further down as the big funds take tax losses....

Thu Oct 18, 12:35:00 PM EDT  
Anonymous Anonymous said...

There will not be a crash. This market is climbing a wall of worry.

Thu Oct 18, 12:51:00 PM EDT  
Anonymous Anonymous said...

The FED is NOT going to cut rates again with crude above $80.

Inflation is going to get out of control with sky high energy cost.

China's inflation is out of control too. I know, because I've just returned from Shanghai. Things are 3X what they were 2 years ago.

Thu Oct 18, 12:56:00 PM EDT  
Anonymous Anonymous said...

unreal. why do we always end up waiting for GOOG to save the market?

If GOOG disapoints (doubtful,but possible), then maybe asia and uk dive tonight/tomorrow, setting us up for another '-Do you dare hold into the weekend' situation.


Jake, Gosu and Z disapearence.. is everyone on gary's blog now?

Thu Oct 18, 12:57:00 PM EDT  
Anonymous Anonymous said...

anon said.....


anybody- what did the madmoneydummy say about STV ? Didn't he say it was the next BIDU only 10 days ago?

Thu Oct 18, 12:59:00 PM EDT  
Blogger joerawr said...

gotta be fast on your feet, change your mind at the first sign of a wind of change...

Cramer 10/8 China Digital "I gotta tell you, man, I read through the prospectus. ... This is as good as a Baidu, this is as good as a China Telecom (CHA), but this thing is up. ... It does feel like VMware. Could it add another 20 points? Yeah, I say BuyBuyBuy!"

Cramer 10/17 China Digital "STV is too risky. ... That's too risky a business. ... I like Baidu "

so the mo-mo is bye bye for awhile...

Thu Oct 18, 01:15:00 PM EDT  
Blogger Mihir said...

What os Gary's blog?

Thu Oct 18, 01:21:00 PM EDT  
Anonymous Anonymous said...

Beannie11111 or ZEE:

what is your buy point on CSUN lately?

CEO still cautious for the year, but they just got another order today. At 12.22 right now, come down a bit since that good order was announced a few days back. Going up? Or does it see $10.00 again?

ZEE, your call on CSUN (during the crash?) at around $6 was perfect.


c

Thu Oct 18, 01:23:00 PM EDT  

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