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This is an update on the solar basket. WFR's earnings call was taken as bad. WFR- WFR is going to retrace. There are 3 possible retracement points. 54.62, 47.53, or 40.5. Im betting on 54.62. FSLR- Im going back on my guidance. I feel the stock is in a B.A.R.F. formation. If it...

No! Its going to 64. Once it reaches my target, then I say it will pullback. The pullback will be to around 54.5. Thats when you consider a long position. I have waved my magic wand and now it will be so.

Dont forget the larger head and shoulders pattern which is now about 1 year old. If Boom only corrects back 1/2 of the cup's height then thats a bullish sign. If it corrects back fully or 2/3 then I would be worried. Once that neckline is broken, then we will see much higher prices...

Here is an example of the cup/handle.

Hehehe. You guys do not see what is going on. Look at my chart, trust my chart. You should buy the stock in afterhours and here is why. This is the famous cup/handle formation that I keep lecturing about on elitetrader. The reason why the stock dipped was for technical reasons. Do...

Look at my chart. What did I just draw for you?

I make an analysis, form an opinion and then state my answer. I tell you the exact reasons why I believe my opinion is valid and then if Im right then Im right, if Im wrong then Im wrong. I have cash involved with everything that I post and I put my money where my mouth is. As for...

You folks do not look at the big picture. You sit on a messageboard trying to convince yourself of your position stating that amazon is bad and what a great short it is. Well, thats not whats going to make the stock go your way. It doesnt matter what your opinion is and, yes sir, you are...

I prefer to get in when the stock trades above the 50 day moving average. Id rather be safe. Now the 50 day will act as a support. I did miss out on a little upside, but I feel a little safer with the 50 day under me helping to prop it up.

2-3 dollars in upside from here. Just popped over the 50 day. Long in the low 12s. Sell 14-15 range.

Amazon is going to 61. I dont need to explain further. Just read the stockcharts.com lessons on technical analysis and you'll see why. Opinions about valuation or if they have good products doesnt mean anything. I dont like the taste of Jones soda yet it seemed to triple in a few months of...

So your telling me that you could not predict what would happen next on the attached chart? You have the price hitting one peak, then a second peak and then sweeping up to the third peak. Each time it hit one peak, then it came down. Not just a staircase walkdown, but one big red candlestick...

The exact date was not so easy to predict, but you could just feel it in the air. The indexes were chopping around, the ISEE index was starting to slant down, etc. Its like you hear that squeak on your car that keeps getting worse and your not sure when it will give, but eventually it...

Use common sense. Do indexes ever just suddenly drop? What you will see before any big drop is the indexes chopping and churning. Before February, there was obviously lots of chop and churn. You could feel it in the air. Right now we are in the uptrend, there wont be any chop at least...

If you look at the charts, you can see an obvious cup over the summer and then when the index prices broke through that cup around september then the real party began. Now the indexes have broken through another cup and so it will probably be a few months more of fun before another chop-chop...

APPLE 130!!!

;)

Your opinion on Amazon does not count. Your feelings about their services does not count. What does count is what the market thinks and believes... I dont like buying things online and would rather go to a regular retailer. So with that said, I think it goes higher.

I believe there is a play to be made in homebuilders. KBHomes *might* revisit the 50s. However, your best efforts are probably spent on stocks that move strongly with the market and that have strong fundamentals/earnings. Why take the risk of attempting to play a bounce when it might or...

In 1999, stocks went up like crazy. While stocks seem strong today, they are no where as near strong as they were in 1999. A lot of the market crash threads are just some college kids fooling around looking to get a start out of someone.