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The market is done going down for now. Too many stocks moving under their 50 day moving average. Price stopped right at a major trend line on Friday. After reviewing all the facts, I'll have to raise the white flag on the short side and now I'll give in to the fact that the SPX will go to...

Im not saying that I dont trust this guy, but blogs are easily modified after the fact. In any event, Goldman Sachs and the rest of the financials was a very common sense call. Here is why I say that. Let me talk in terms of the XLF. You have price taking a nose-dive in late Feb...

Im maintaining my call on USO. Its about 10% up from my first post. I know a lot of ET'ers frown upon a modest 10% one month return, but I am happy with it. I believe it will go higher with a short term target of $64. Longer term it will probably complete the huge cup and might even splash...

Cover and go long BSC. Price target $150.

Change of heart...New price target 232

This one I wont be wrong on...

Thats correct, the worse is not over, however, Mozillo will be the last one standing. Google him and look at his biography. While every mortgage house is going out of business, Mozillo will be the last one standing. This man was selling mortgages when the interest rates were at 14%. The...

Its time to get back into the traditional safehaven stocks like CROX, AMZN, F, AAPL, BRLC, CFC and BIDU. These seem like the only stocks that will weather out this market correction. Time to dump the super speculative stocks like Goldman Sucks, Caterpillar and Exxon.

I dont think you have to worry. Simply look at the market and look at the price of the stock. Someone is propping it up. Thats my take.

Natural buying point for this one is now.

Look at the chart. Pivot off the 20 day moving average. Stock corrected about 1/2 of the advance. The natural buying point is now.

Should be bought...pivot off the 20 day moving average and up on a down day.

It looks like CFC is up on another bad day. This is my buying point.

My revised target for the $SPX is 1405. If we go below that, then there will be trouble.

The gut reaction in today's economic environment would be to immediately sell/short the CFC common stock. However, you have to know the players in the game. Mozillo has been in the business since the 60s. Mozillo sold mortgages through high interest rate environments and knows how to run...

My opinion is that there is no such thing as "investing" nowadays. There is only trading. "Investing", for myself, means that I can take a basket of 5-10 different stocks and dollar cost average into them over an extended length of time (5 or more years). At the end of the extended period...

I think we only have one or two more down days to go before there is a notable bounce to the upside. The following moving average chart has been very accurate since 2002 at calling market bottoms. Before 2002, there seems to be no data for it on stockcharts.com. I believe there will be a...

I want to clarify what I mean by "fear". I dont mean the vix or put/call ratio, but what is the general subjective feelings among traders as perceived through interactions, message boards, blogs, etc...

In February, everyone seemed very scared of the sudden drop which seems natural. Some folks even erected blogs dedicated to walking people through the drop and recovery. I remember reading www.traderfeed.blogspot.com where Brett passionately defended the market. Now the indexes are...

There is your *biggest mistake*. Instead of attempting to escape from work, why not find a field that you enjoy? Your in your 20s now. Imagine how it will be 10, 20, 30, etc. years from now? Working is a blessing as you get older. The reason why its a blessing is that it keeps you active...