Time to buy a 1/2 position with a stop at $1.34
Thursday, December 2, 2010
Saturday, November 27, 2010
Friday, November 12, 2010
Thursday, November 4, 2010
Wednesday, October 13, 2010
Thursday, September 30, 2010
Friday, September 17, 2010
RIMM - Out of fashion play short
Looking to short Rimm with Leaps
Stop $48
or doubling up at $52.25
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Wednesday, September 8, 2010
$SPX
Flag on the minute chart = short-term bullish
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Friday, September 3, 2010
$SPX
As if this was a surprise to any technical analyst.
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Wednesday, September 1, 2010
Tuesday, August 31, 2010
Monday, August 30, 2010
Friday, August 27, 2010
UNG - Getting Less expensive
Thinking about picking up some Leap Calls on Natural Gas in the next six months. Downside risk below $6 is minimal.
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Wednesday, August 25, 2010
$TNX - 10 year note
Sooner or later there will be no reason for China to buy the US debt. When that happens - game over
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TLT
Treasuries flying toward top.
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Tuesday, August 24, 2010
BHI - monthly
Bear Flag or Bull flag? Each a year long, but the BEAR is BIGGER.
Two ways to trade:
Get short with a stop above $49
or
Get long with a stop below $37.75
If you choose the long side it may pay to take any profit quickly.
$SPX- H&S measured move target
Taking the height of the H&S pattern from November till now one can obtain a target of 870.
Monday, August 23, 2010
Tuesday, August 17, 2010
$SPX - trading range
Trading range for 4-6 weeks
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GD - Ken Fischer
General Dynamics - is a government play on a defense contractor. A 2.6% Dividend yield beats putting your money in low yielding bonds. There is still time to pick your spots here as governmental policy won't shift until the next Presidential election.
Looks to me like the Fib fans give some nice points to set alerts:
Short above $70
1/3 Long below $60
1/3 Long below $ 47
1/3 Long below $40
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FMS - Ken Fischer
Fresenius Medical Care - runs 2500 dialysis and supplies equipment to other treatment facilities.
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Ken Fischer - SEOAY
Europe;s largest paper packaging and forest procducts company is sensitive to the home construction and news print business performance.
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CPL - Ken Fischer pick
Brazilian Energy corp with a 6% dividend yield
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Monday, August 16, 2010
MO
20 year monthly fibonacci fan suggests short term top.
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Friday, August 13, 2010
IWM
Blue - Inverted left shoulder
Pink - Inverted Head
Green - Inverted right shoulder or Smaller H&S pattern topping latest bull run from head? Which will prevail? Normaly it is the longer time frame or larger pattern that prevails; however if the larger pattern fails it will be a violent failure.
Bottom line:
Long above - $59
Short now with stop of 50 week SMA at $63
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