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  1. M

    Optionable OPBL coming in for landing

    I had a feeling that this was a pump/dump scheme. I looked at some of the names in the SEC filings that made me very uncomfortable. There was a gift of shares given to a certain charitable organization that is connected with a really sleazy wall street guy. I can imagine that the price...
  2. M

    Dumping IB and switching too...

    I have IB and think that its coming that time to say goodbye. The IB platform has become fairly dated and hasnt changed much. The customer service is horrible and I had a few nightmares with some trades these last few months. One time I saw a certain color on my screen. I called customer...
  3. M

    What is happening with BRLC ?

    This is a broken stock.
  4. M

    Mike's CrystalBall

    http://www.iseoptions.com/marketplace/statistics/isee_history.asp I have a theory on the ISEE sentiment #. In October 2002, the sentiment had reached very bearish lows and then in December there was a super euphoric high as the market realized that was finally at a bottom. Then there were...
  5. M

    Next Generation Solar Stocks

    We shall see...I have heard this same story over and over for so many sectors over the years. Making serious cash in the market is all about figuring out which sector will be in the bubble this year. Homebuilders, tech, exchanges, etc. They all bubble up and come right back down. I see...
  6. M

    Cramer might mention Waste Services

    Just an additional note...he pulled the same routine with Acme Packet. He promised a caller that he would feature it on his show. The price ran to 16 dollars after the show and then he featured it a few weeks later making good on the promise. When he announced it on his show, the price spiked...
  7. M

    Mike's CrystalBall

    Going to bed now. Shanghai and Hang Seng doing remarkably well given the news of interest rate hikes in China. http://money.cnn.com/2007/03/17/news/international/bc.china.interest.reut/index.htm?postversion=2007031709 I would have suspected there would be some volatility. Futures...
  8. M

    Cramer might mention Waste Services

    Some weeks back, Cramer did an episode on Mad Money about two stocks he thought would be involved in a short-squeeze. One of them was Waste Services. http://www.thestreet.com/_yahoo/funds/madmoneywrap/10335759.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA On January 26th, the price...
  9. M

    ET and Its Discontents

    Thats an easy question to answer. During basic training, the entire building housed males. At "AIT" (which is the advanced training), the building housed women which were on the third floor and men on the second floor. The result was the men would attempt to fornicate with the women at...
  10. M

    Mike's CrystalBall

    Looking at Asia right now and everything appears in the green (so far). Its early on in the trading session though and anything can happen. The Chinese raised their interest rates and this might weigh on the Hang Seng and the Shanghai Composite. Building Permits/starts will be coming on...
  11. M

    Next Generation Solar Stocks

    My opinion is that these solar plays are in a bubble stage much like the ethanol stocks were in a bubble stage last year. Each year, one sector takes its turn being in a bubble. This year its solar. I can say, with a reasonable amount of confidence, that probably by the end of this year...
  12. M

    ET and Its Discontents

    I was in the army reserve at one time and had to go through basic training. The most difficult part about this process for myself was living with 60 guys in one large room for 8 weeks straight. Thats 60 young guys from around the nation with varying levels of maturity and sanity. The...
  13. M

    Mike's CrystalBall

    1987 DJIA Incomplete B.A.R.F. Here is another classic bump and run formation from 1987. You can see how the price was traveling through a defined channel. At the start of 1987 there was some exuberance which caused a deviation way above the existing channel. This BARF did not complete as...
  14. M

    Mike's CrystalBall

    In looking at the different composite indexes, my observations are the following: AMEX http://stockcharts.com/h-sc/ui?s=$XAX&p=D&b=1&g=0&id=p76317402892 (you will have to cut and paste the link to view as elitetrader messes up the link) The Amex had two healthy corrections in 2006 versus...
  15. M

    Technical analysis of housing prices

    Anecdotally, from my knowledge of the market, I believe that the time to buy would be roughly 5 years after the top. So the top of the market was 2005-2006. So the best time to buy would probably be 2010-2011. As this article suggests, we might be looking at a 50% discount on current...
  16. M

    Technical analysis of housing prices

    Im wondering if anyone has developed any charts they can upload of housing prices. Lets say as far back as possible to the present time. I was going to undergo such a project with Excel and certain datapoints, but just thought I might see if someone had a chart and it would be timesaving. I...
  17. M

    Mike's CrystalBall

    The Nasdaq 2000 B.A.R.F- This chart illustrates the Nasdaq's B.A.R.F. in 2000. The height of the chart is 5132. Target price= 3500 minus (5132 minus 3500)= 1868 The bottom was much lower, but the target price did come within the general area and it gave you a good expectation as...
  18. M

    Mike's CrystalBall

    Here is the NYSE chart that I discussed in the prior posting.
  19. M

    Mike's CrystalBall

    Over the weekend, I have some time so I did some chart experimentation with the NYSE composite. This exercise will demonstrate that we are in the middle of a normal, regularly scheduled "correction". Look at the attached chart. You will see the primary trend line. Above that you will see...
  20. M

    This is why I love recessions

    The slowing sales trend is easily explainable. If someone believes that there is a chance of a recession in the future, then they wont go out and make new purchases. I believe there is a chance of a recession, but I am not entirely sold on the idea. However, since there is at least a...
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