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    CRDN - Ceradyne

    Earnings out Monday morning with a conference call scheduled for 8AM. Buy the dips today! :)
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    CRDN - Ceradyne

    Now trading $58.70 and +$1.52 Earnings out next week! The defense contractors continue to OUTPERFORM. AH +$1.67 too! :)
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    LLL - Running Into Earnings

    Now trading $89.10 which is +$1.30 Director Peter Cohen filed yet another Form 4 of his Valentine's Day purchase of 5,000 shares on the open market at $87.20, the day after he purchased 10,000 shares.
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    Natty Gas

    And the number is . . . 259 BCF Yawn. The U.S. National Oceanic and Atmospheric Administration expects above-normal temperatures next week will end a spate of freezing weather in the Northeast, which accounts for 80 percent of the nation's heating oil demand. But the bitter cold of...
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    Steve Nash is todays Tim Hardaway

    WRONG. Retired Miami Heat guard Tim Hardaway said on a radio show Wednesday that he hates gay people. "You know, I hate gay people, so I let it be known. I don't like gay people and I don't like to be around gay people," Hardaway said while a guest on Sports Talk 790 The Ticket in Miami...
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    Market Direction INDU SPX OEX NDX RUT

    The "double-zigzag" Wave 4 correction that started back in late November, ended on Monday of this week. Wave 5 in progress with SPX minimum targets of 1478 / 1491 over the next 4 to 6 weeks. Initial resistance for today is at 1458.30, with additional resistance levels at 1463.20 / 1466.95...
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    LLL - Running Into Earnings

    Now Trading $88.10 this morning. Director PETER COHEN filed a "Form-4" yesterday with the SEC disclosing having purchased yet another 10,000 shares on 2/13/07 at prices of: 86.0038 and 86.014 http://www.sec.gov/Archives/edgar/data/1042589/000100547707001377/xslF345X02/edgar123.xml
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    Once again bulls continue to win

    NEW HIGHS . . . The sideways correction that started in late November ended on Monday of this week. This next leg up in the bull trend now targets the 1461.20 / 1464.35 levels, initially. Should reach a minimum of 1478 / 1491 in the next 4-6 weeks. :)
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    LLL - Running Into Earnings

    Continuing to Run . . . Gotta love this company!!! :D
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    Watch For Tricks In The Vix

    Why would anyone watch an indicator that FAILED back in 2003 for month after month after month . . . after it broke support in the 18-19 area and collapsed to new lows, as the market rallied upward for months?
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    Hey What Happened To The Rate Cuts?

    It's called LIQUIDITY. And it's also called ( what people perceive to be a "soft-landing"). Some Economists had us in a recession by Q1 of 2007 because of the high oil prices and weakening housing market. Economic strength is bullish. The "double-three" corrective phase in the market since...
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    Today's Market, Feb. 12th

    As mentioned in yesterday's comment, the sharp rally has signalled the bottom of the "double-three" correctional pattern that has been in place since late November. (A-B-C-X-A-B-C for you Elliott Wave fans ). The confirmation of yesterday's low will be a close above the 1447.95 level...
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    ES Journal Archive (2006 - 2008)

    As mentioned in yesterday's comment, the sharp rally has signalled the bottom of the "double-three" correctional pattern that has been in place since late November. (A-B-C-X-A-B-C ). The confirmation of the low will be a close above the 1447.95 level today. Should this occur, it would...
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    Gotta love ZERO RISK in the SP500 = $$$

    As mentioned in yesterday's comment, the sharp rally has signalled the bottom of the "double-three" correctional pattern that has been in place since late November. ( A-B-C-X-A-B-C ). The confirmation of the low will be a close above the 1447.95 level today. Should this occur, it would...
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    s&p just made intermediate term top @ 1440.1

    As mentioned in yesterday's comment, the sharp rally has signalled the bottom of the "double-three" correctional pattern that has been in place since late November . . . Yes, we have been in a correctional phase since late November! The confirmation of the low will be a close above the...
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    WHY is Elliott Wave supposed to work?

    As mentioned in yesterday's comment, the sharp rally has signalled the bottom of the "double-three" correctional pattern that has been in place since late November. The conformation of the low will be a close above the 1447.95 level today. Should this occur, it would suggest that the...
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    WHY is Elliott Wave supposed to work?

    I guess you didn't really read my market commentary. I indicated that we were still in a Wave 4 correction. That Wave 4 correction that I spoke about was taking place as an A-B-C-X-A-B-C ( double zig-zag ). It was getting close to being completed. I actually thought that we would have one...
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    Today's Market, Feb. 12th

    From a technical viewpoint: Friday’s action unfolded in an outside reversal bar suggesting if the market close lower today a two to three day decline will unfold. The target for the downward pattern will is the 1427.65/1419.20 range. The extreme allowed is the 1416.40 level. A...
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    WHY is Elliott Wave supposed to work?

    From a technical viewpoint: Friday’s action unfolded in an outside reversal bar suggesting if the market close lower today a two to three day decline will unfold. The target for the downward pattern will is the 1427.65/1419.20 range. The extreme allowed is the 1416.40 level. A...
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    Da Bears!

    The Defense that the Bears played was "Cover-2". And with a great QB like Manning, the Colts were able to "check-down" all day long to those shorter "underneath" routes. Not all that complicated, really.
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