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  1. M

    Finding Starbucks bottom (SBUX)

    The spine has been broken. The only hope is that this breakage is a bear trap, however, I mostly believe now it will go to 23 and will wait patiently for lower prices.
  2. M

    My best play right now FTEK

    Looks like the pumpdumper id was right, its making a nice pullback today on high volume. I would wait to see where the pivot can be found. I would expect a pullback now to between 33-35, but you never know. I indicated earlier that this will fall fast when it wants to and wont give you warning.
  3. M

    My best play right now FTEK

    Here is exactly what I wrote in the other thread. Now I want you to notice the sentence at the end. When FTEK gets to 40, then its time to sell all your stocks. Look at the price action in the market right now on the SPX as FTEK approaches 40... ************ Check it out. Its technically...
  4. M

    My best play right now FTEK

    By the way, read this thread and I explained my exact reasons and calculations why I believed FTEK to go to 40. http://www.elitetrader.com/vb/showthread.php?s=&threadid=92657&highlight=ftek+cramer
  5. M

    My best play right now FTEK

    Im going to re-calculate the target price later, but you have to realize what is happening here. FTEK is in a certain business involving power plants and cleaning them up using a chemical process. Any deals or contracts with China will be huge for the company. Lots of power plants in Asia...
  6. M

    Amzn

    Some of you guys on here have no interest whatsoever in making cash. If you took a minute to look at the big picture, then you would see that the stock has surged on high volume quite a few times and then has a low grade-low volume selloff. Give it a few more days and then it will surge...
  7. M

    Circuit City (cc), Brlc And Rsh

    I think we might get our shot in the next few weeks. My calculations place the VIX north of 23 in the next 30 days. The three sisters will sell off during that time because of margin calls. That will be the time. RSH is going to take the longest to shake out, but somehow I believe CC and...
  8. M

    Bx - Blackstone Ipo

    Listen to my wise words. Almost every IPO that has been "oversubscribed" this year has flamed in the first few days and then never recovered back to the first day price. I have so many good examples. Look at Fortress and Interactive Broker which were supposed to shoot up. When it...
  9. M

    My best play right now FTEK

    I did quite a bit of work on this stock and it will go to 40.
  10. M

    Do you remember the Quotron?

    I wonder if IB still uses the vacuum tube to fill some orders. Sometimes I feel like there was a problem with the vacuum motor or the canister got stuck somewhere.
  11. M

    Amzn

    What is there to discuss? Its going to pop up to 80 bucks soon.
  12. M

    I now declare the NYX trade to be over

    I also wanted to point out a few things on this chart where someone is waving a big flag that says "short me". - busted through 50-200 day moving averages - way below the 40 week moving average - busted right through the trend lines on the chart - someone is obviously wanting an exit...
  13. M

    I now declare the NYX trade to be over

    Here is what I am observing. Everyday the last 5 days this has opened up with a surge to the downside. I am one of those geeks that likes to sit here studying the tape relentlessly. Somehow I get the feeling that someone has a big position and they use the morning strength to sell part of...
  14. M

    Do you remember the Quotron?

    I may have seen one at some point in time, but didnt know what it was for. Maybe Im just a history geek that likes hearing about these contraptions. It almost looks like it was used in mission control during the lunar landing with its green screen and bulletproof appearance.
  15. M

    Correction ahead if we go under 1503 on the SPX

    I saw that. Im waiting to see if that support will hold today. It looks like its making another run for the support. It did make a perfect 50% retracement from yesterday's fall...
  16. M

    Do you remember the Quotron?

  17. M

    Circuit City (cc), Brlc And Rsh

    I was expecting the three sisters to be reacting with a little more volatility. I thought Circuity City would announce something horrible, which, arguably, they did. They missed analysts estimates by a penny and withdrew guidance. Surely there should have been a nice waterfall selloff into...
  18. M

    Living large in Las Vegas

    I have never lived in Vegas, but I have been there several times and have had many friends who did... Living in Vegas is like you are on an island. First you have Vegas, then you get some miles out from the center and there is nothing but wasteland. Besides the casinos and nightlife, there...
  19. M

    Correction ahead if we go under 1503 on the SPX

    1503 is the 50 day moving average as of today. The next step down as I have re-iterated many times before is the mid-1400s. Look at how it went from 1534 to 1512 very quickly. The CMF has shown a negative divergence with the price since the start of May indicating distribution...
  20. M

    Career Decision - Investment Banking?

    There is no job out there that will make you fetch coffee for a salary of 50-75k a year. If such a job did exist, then there would be many likely candidates who would make a career out of it. You shouldnt take advice from here, but go to the websites of those top investment banks. They all...
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