VMW en fuego (again)!
VMW trades at 88.20 right now.
Last friday, Tobin Smith from Changewave set a target of $110 for the stock is what i'm hearing.
I love this stock and their market potential.
You had so many changes to buy the stock so much cheaper. Where have you been?
I believe VMW will see $200 by next year end.
Last friday, Tobin Smith from Changewave set a target of $110 for the stock is what i'm hearing.
I love this stock and their market potential.
You had so many changes to buy the stock so much cheaper. Where have you been?
I believe VMW will see $200 by next year end.
posted by beanie11111 | 12:57 PM
18 Comments:
West, nice call on your technicals over a month ago when you said the market could rally to the DJ 13900 area (at the time it was 13000 as I recall). Great call!
technical breakout...its over for shorts until tomorrow
It is over for the shorts, except for stuff like GT, which i said short last week, and now look at it...aha...So add these as hedge, and add to your bottom line at the same time, these are going down, and aren’t dependent on general market..
QID 38 or 36***, = good entry
i see GRMN at 100 = 50 day , i'm in
shorted JOYG (53.1) and
AIZ (55.7) at 200 day, failing point = 56..
sold YGE, probably dumb move..
WY 200 DAY = 75.2 ...74 = LAST LOWS..NEG 50 DAY..SO SHORT NOW...
Looks like energy and tech is the way to go.
NSC,CAH,EXP added to buy watch list..
IIIN (steel) at 15.56, eventually gets to 17.94 = 200 day..
zee,
did you short GS and MA? what is your target on them for the next couple of weeks?also, what is your downside target on s&p? thanks
sorry.
Roger
What a freakin great day!!!!
See ya tomorrow!
Housing looks HOT...all below 20 day, and will certainly reach 20 day this week
and i finally found my short the market signal
IYR stocks, most all are approching their 2oo day...when that happens, watch for a radical pullback
ANON ...
SHORT JOYG and AIZ
GS wait for BSC SHORT NEG 50d NO CHANCE FOR 145 SO 130*** = 100 DAY 135*** = BOTTOM OF LAST LOW’S
MA, today's news, makes me think i'm way off on MA short sell target..of 152 / 155..I'm thinking MA goes to $160 or $165
as I wrote last week, I strongly feel the fed is done cutting for '07. market seems to feel otherwise, but we'll see.
zstock: GRMN AT 100 = 50 DAY...YOU CAN'T LOSE...EVEN IF GRMN GOES BELOW 50 DAY... IN NO TIME AT ALL IT WILL REACH 50 DAY AGAIN...
zstock: SO GRMN AT $95 I BETTER HEAR THAT YOU BACKED THE TRUCK IN
drnova911: Ok
drnova911: Good catch
drnova911: I didn't even realize it dropped hard today
zstock: BUY THE NOV 90 CALLS AT GRMN= 100 and 95
zstock: OR oct 95 CALLS, TO SPECULATE FOR 200% return
hey alok, doc finally checked back in...
here's conversation...
let's all congratulate and thank Gosu for this run. Gosu predicted all of this.
LMFAO
Hey Anon, go back and read all my posts for the past 2 months and you will see that I predicted this post-Sept rally.
All we heard from you is your hyping SSTR which is DOWN 21% today!
ROFLMAO @ U !!!
I got a chance for a more in depth look at GRMN in light of today's annoucement from Nokia. The trade did not work out for us, especially if you bought near 113. The close is unimpressive, and on strong volume. GRMN need to pull a strong one into the green tomorrow; if not, you need to be very careful. The intermediate charts are showing overbought conditions. So this news is gonna make GRMN dead money for awhile. There's now too much resistance to swim up against. At least with FSLR's drop last week, there was no bad news. Needless to say, the FSLR recovery was fast and furious. If we don't see that with GRMN tomorrow, it will be dead money for months. Dead money as in breaking down the 200dayMA, which is not good. Twenty-two million shares traded and down $12 dollars is no child's play. It's serious and, without question, intentional selling.
I am sorry i was haphazard about the news and the volume of selling today. I was so much more focused on FSLR and VMW today that i even took GRMN off my screen for a long time.
Speaking of FSLR, you hopefully have already positioned yourselves in this stock yesterday, or today, or several months ago at under $50. It is going higher and my take is that it will become a 10-bagger faster than you (if you're shorting it) can say, "What the hell!!!!??"
The stock is now set for a parabolic trajectory to $200. If there is a next stock which will have Googlesque run, it will be FSLR. (To put it simply, FSLR is the next GOOG, imo.)
Doubt me if you like, and short it to your demise. Jmho.
The next few years should be great for solars and alternative energy.
I believe your loss in GRMN can be easily made up (and then alot more!) with an investment in FSLR.
I feel strongly about it.
the action this morning on GRMN was very scary
to me, you have to nuts to hold these something like RIMM into earnings
the upside is maybe 5%
the downside is 15-20.
i think we'll make a ran up .4-.6 percent tomorrow and I'm going all out short...1550 wont be broken on the S&P until earnings season IMO.
Beanie,
Thanks for the great blog. I have been holding my VMW position since the morning of the IPO. Being in the IT industry for over 20 years, I am reluctant to sell any. I know it isn't smart, but my gut tells me this has tremendous growth ahead of it.
-Steady
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