Search results

  1. M

    What do you expect at the next Fed meeting June 28th/29th? RATE HIKE?

    1. Rate hike 50 basis points or more 2. Rate hike 25 basis points 3. Stay the same 4. Rate cut Food inflation is through the roof. I saw $6+ dollar a gallon milk at the store, saw $3.50 a slice pizza at the local restaurant, paid $4.50 for a bag of combos and a monster, saw $7.50...
  2. M

    FRNT made double bottom today

    I think oil will go higher, but not certain what will happen to our friendly airlines. I do know that this airline made a double bottom...
  3. M

    Short Google, MA, AAPL AND RIMM

    Its not a bad call, its an early call. These three sisters are trading lockstep with the rest of the market. Any news seems to shoot then any which way. Institutions have stopped accumulating. The only people left are the traders and they will close their position on a moments notice...
  4. M

    The Matrix Series: SuperMicro SMCI

    This started to chop shortly after the rise some days ago when I first started posting. That was disappointing, but there was sudden surge today on no news. Actually, there is news, we just dont know about it yet where as some hedge fund probably knows more. I am still bullish on the stock...
  5. M

    Cvtx Strong Buy

    http://stockcharts.com/h-sc/ui?s=CVTX&p=D&b=5&g=0&id=p82184988560 Ok guys, Im taking it all off the table right now and I think you should at least consider it. You can see from the link above that the price is way over the Bollinger Bands. As much as some believe these indicators dont...
  6. M

    A Truth on Trading.**Everyone, please Read**

    Which indicators are the latest and greatest thing? Candlestick charts are 300 years old. The concept of On-Balance Volume was invented in the late 1930s. It was originally calculated out by-hand and graphed on paper. The concept of Fibonacci is over a thousand years old, dont have...
  7. M

    A Truth on Trading.**Everyone, please Read**

    Hehe. This is why I said in another thread that I would like to attend the infamous Don Bright school in Las Vegas and try prop trading. I think its truly a risky play supporting a family on prop trading or even considering it a career, but I would be interested in seeing and playing with...
  8. M

    A Truth on Trading.**Everyone, please Read**

    Here is "the truth" about trading. First, you have those that work hard. They spend 12-14 hours a day studying and doing different things. Guys like yourself or that Neke (forgot the spelling) guy in that taking my cash to 300k thread. Some of the guys that work hard sometimes get...
  9. M

    Cvtx Strong Buy

    CVTX is a great example of Cramer's speculative Friday plays. These things usually last a few days beyond the pump. Today we are up another 4%. I suspect there will be some profit taking on Weds, but it may just get to 13 dollars. People might take profits on Weds-Friday so they can free up...
  10. M

    The Matrix Series: What to do about PTT?

    There is still time to get in on PTT. They have added 3 more nightclubs to their roster. They are indeed expanding much faster then I originally thought. There was a pullback from 10.6 recently and I honestly thought it might pullback to the high 8s or low 9s before moving forward again...
  11. M

    The NYSE Composite Chart

    This NYSE chart is a perfect bullish chart. It rises up at a near 45 degree angle and has regularly scheduled pullbacks. However, we are now approaching the target price of the composite chart. The top in 2000 was right around 7150 and the bottom around 4400. This gives us a target price...
  12. M

    The NYSE Composite Chart

    The NYSE composite chart gives a clear picture of what might happen in the near future which is a selloff right down to the 40 week moving average. In the last 3 years, all corrections have been right down to the 40 week moving average where a consolidation phase starts before any moves higher...
  13. M

    President Bush resigns

    <object width="425" height="350"><param name="movie" value="http://www.youtube.com/v/2DYyjpcMPwU"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/2DYyjpcMPwU" type="application/x-shockwave-flash" wmode="transparent" width="425"...
  14. M

    Managing Funds for a Living

    I just wanted to add this to this thread. I just started going out with this woman from Hong Kong a few weeks ago. She came here when she was 18 and went to CUNY. Graduated and went to Morgan Stanley as a trading desk assistant doing very basic tasks. She is now at Citi some 5 years...
  15. M

    What is happening with BRLC ?

    Tarl, Your belief is that since BRLC is not a big stock like IBM or INTEL then technical analysis or theory cannot be used and is useless with a stock like BRLC. However, you dont know who designed most of these models that are used. Candlesticks were originally used to trade rice over...
  16. M

    Managing Funds for a Living

    Paysense, Its obvious that the folks on this website are not big fund traders. The vast majority are just a bunch of guys on personal computers at home or some young 20-somethings who work at a bucket shop. If you want to work for the big boys, then you should visit their websites. On...
  17. M

    OPXT: $13 now, $26 later

    <!-- Start of Yahoo! Finance code --> <iframe allowtransparency="true" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no"...
  18. M

    What is happening with BRLC ?

    Now I need opinions... http://stockcharts.com/h-sc/ui?s=BRLC&p=D&b=2&g=0&id=p95223282294 The Dow theory states that the smart money will exit out of a position first. This can be seen by the descending triangle on the chart. The dumb money exits out in one big crowd at the end. I am...
  19. M

    I now declare the NYX trade to be over

    <!-- Start of Yahoo! Finance code --> <iframe allowtransparency="true" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no"...
  20. M

    fcsx

    <!-- Start of Yahoo! Finance code --> <iframe allowtransparency="true" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no"...
Back
Top