Search results

  1. M

    Amazon 114

    First, you have to address the issues why the stock popped on a volume of 104 million on April 25th. As well, you need to look at the reasons why there was a volume spike in the days preceeding the earnings call and after the earnings call. The convenient lazy answer is "short covering" but...
  2. M

    Today's action

    As for DIVX, we have to admit out loud why this stock saw so much action last year. Plain and simple Jim Cramer. I used to go out with a woman who was VP at some clothing company down by the Empire State Building. She found new ideas for clothing by going into stores and copying someone...
  3. M

    Today's action

    First, here is the chart of BRLC. Somewhere between 3.5-4.0 would be the optimal buy point. Im betting a lot of traders have buy orders right there. The scary part about BRLC is that more bad news keeps coming out all the time. How bad will it get, I dont know. If it breaks down past 3.5...
  4. M

    The Face of Things to Come

    Here is part of my master TNX chart. There is an obvious reverse head and shoulders going on in the chart which will place the ten year yield up towards the 2000 highs somewhere in the 6s if there is a break of the neckline.
  5. M

    Today's action

    DIVX is about to pop and BRLC has to close over 5.75 and then it will go to 14. A close under 3.5 would be a disaster.
  6. M

    I declare that it is now time to trade Solar: CSUN

    SOLF scares me. The last earnings call was not just bad, but real bad. Im not sure where it will go. While everyone else was beating estimates, SOLF turned in a really bad quarter. SOLF could go up from here and maybe it just might get to 18, but its conference calls like the last one...
  7. M

    Amazon 114

    For those of you who follow my threads, I do have a few bullish picks such as PTT, CSUN and a few others. However, the one stock that I am most bullish about is Amazon. It is clear to me that this stock will reach at least 114 and any close above that will make it go to 200. I have been...
  8. M

    apple sell off

    Come on guys. Lets think about this **logically**. The stock has been bid up by a bunch of momentum traders over a product that *is not on sale yet*. Thats right, all this price momentum was over rumors and the perception that this thing will sell. Lets take a closer look. It uses a...
  9. M

    I declare that it is now time to trade Solar: CSUN

    Oil is now in its supercycle going to rise to over 100 dollars a barrel in the months to come. Im not the only one seeing this, but I am seeing the price action in the solars becoming hot once more. I saw this one stock, CSUN, in which it made a rounded double bottom and is now returning to...
  10. M

    The good ole USO and the GLD

    Here is my master gold chart.
  11. M

    The good ole USO and the GLD

    I am back from my business trip and looked at how things did on Friday. It appears that oil has escaped out of its indecision triangles and is now poised to go much higher to the 70s. I believe a breakout will take it to 77 dollars shortly making the USO a worthy consideration. I've had...
  12. M

    Spy Master Chart

    Here is what I am looking at for the SPY. We cleared the triangle that I was fearing and it appears there is support at the next trend line down. This is not a strong trend line though and it appears there is another trend line we hit today. If the index moves lower on Monday it might retest...
  13. M

    The Face of Things to Come

    All I can say is that inflation is far from tepid. If you have ever worked with reports and things of that nature, you know they can be easily manipulated. Im sitting here looking at gas at 3.25 and then go into the store seeing 6 dollar a gallon milk. So many more examples. I feel...
  14. M

    The Face of Things to Come

    The inflation numbers were shocking. Inflation is out of control and not sure where these numbers are coming from. As I have said before, the key level of the SPX is 1550 and prices are still bouncing in the triangles. Look and see if people are shorting or selling the rallies, that will...
  15. M

    What is happening with BRLC ?

    Ok Tarl, its your time right now. Look at my chart, feel my chart. Any close above 5.75 and it will go to 13.
  16. M

    MS where are you???

    Calm down dude. I actually have a life, a job and a 105 lb girlfriend. Right now Im on a business trip in Phoenix. Look at the price action. If you see people selling on rallies then it will be a sign. Look for $SPX 1550. If there is a close above that, then you might see a breakout...
  17. M

    What is happening with BRLC ?

    Hey, I figured out my BRLC mistake. Check the chart out. I was thinking it would go to the bottom trend line and I ignored what was really happening on the chart. There is a top trend line that went past me. This is a huge symetrical triangle. The price gapped up through the top of the...
  18. M

    The Face of Things to Come

    Its not holding 1524 and price retreating. Bad sign. If tommorrow's data is bad, then the downtrend will resume to my price target of 1430. I think thats what it is, go back through this thread for my exact target. Im in the middle of an airport right now.
  19. M

    The Face of Things to Come

    The price isnt going past 1524. Thats a perfect 2/3 retracement from the drop. The price is waiting on the data tommorrow morning and then will make a decision if it wants to continue the downtrend. I say a break upwards of 1524 means it will get back to 1540 or even 1550 and then it will...
  20. M

    The Face of Things to Come

    I wouldnt make any bets crazyman until the price gets above 1550...I cant see your reply as your on ignore, its funny, just a blank post...thats all I can see.
Back
Top