Search results

Im not predicting a market top. Im saying that we will have 2.5 months of fun followed by a 10% correction and then another end of the year wrap up just like last year. I came to this conclusion through math and charting. 2008 will be the questionable time period.

Captain, post some more up for us;)

Im doing my longshot scan right now and here they are. Please look at them and dont buy blindly. Do your own due diligence... WYDY NMGC

I would not be a bear in this market *right now*. This time period is comparable to August or September of last year. If you stay on the sidelines, then you wont be able to get any action. I would buy stocks that are traveling above their 20 or 50 week averages where the charts look clean...

It will come in 2.5 months. The Wilshire 5000 will be at 16150 and it will be a selloff to 14535 or the 65 week moving average at that period in time. Oil will be around $80 per barrel. The correction will probably be initiated by the June 27th meeting when the Fed will increase...

In 3 months we should be seeing $81 per barrel oil. The latest bull run has yielded a $17+ price increase. The pitch of the run has not changed and is rushing up a tight trend box in an alarming fashion. If oil can close over $68, then we will make it to $80. A close over $80 will...

I would take some off the table in pre-market. Its trading up, but it seems to be burning off a bit. I could be wrong, but thats my gut feeling.

I'll give you the negatives though. There has been a lot of selling since the start of the year and the stock is under the 50 day moving average. My calculations state that this is normal for this equity. It swings up and usually sells off until the 200 day or 40/50 week moving average...

Here is my focus list for today. Hershey HSY- Nice retracement from the cup and bouncing off the 50 day MA. 8 dollars upside. Zolt- Bouncing off the lower Bollinger Band. 8 dollars upside FTEK- Bottoming out from yearly pullback. 20 dollars upside. DIVX- Forming reverse head...

I think this is where I can plug TDAmeritrade with "gainskeeper" that will do your ticket for you. There is also other software programs that are expensive, but worth it.

Thank you. Remember, though, that I am not always right. Im just looking at a chart and telling you my opinion on the issue. Do your own homework and due-diligence. Time will tell if Im right and I have been wrong before on different things. I have a list of items that we wont talk...

I think it goes to 115 sometime after the call with a price target of 135 during the year.

In 2004, we saw another major correction from 55.65 to 40.25. Again, another correction during a bull market. 55.65-21.12= 34.53 34.53/2= 17.26 55.65-17.26= 38.39 theory price target Actual target= 40.25 Then we had another price correction from 70.85 to 56 dollars at the...

Then 2003 came along where we had a fantastic correction in short time from 39.99 to 25.04. This was in-part due to the Iraq war. Again, this was not a bear market marker, but simply a correction in the macro trend that had started in 1999. 39.99-17.12=22.87 22.87X 2/3= 15.25...

Here is my analysis. Crude oil started its bull run in 1999 when it finally bottomed at 10.38 per barrel. It then ran to a high of 37.80 in September of 2000 where it then pulled back to 17.12 in November. This correction was not a bear market, but, in fact, a correction in the face of a...

Here is another view of FTEK. Notice the bearish wedge. Its safe to long now, but when it hits the next top then its time to exit quick. If FTEK is a key to the market, then the next correction should come in about 3-5 months. You will know when its time to exit if you keep looking...

Let me give you the reason as to why I have decided to feature FTEK, before I leave for a while, and its because of Jim Cramer. I had been doing the same analysis in December on JSDA to see where it would go. It was my first time using quantative skills to figure out a stock price. I used...

Im going to stop posting for a little while because my life has become busier and I have certain responsibilities, but I plan coming back in a few weeks to keep going. Here is a nice analysis I did in a prior thread on FTEK. Let me know what you think because it took a lot of time to come to...

Check it out. Its technically perfect. This stock makes the most sense to long right now. Start from 2005 6.85X1.618= 11.08 Next top=10.13 10.13x1.618= 16.3 Next top=18.80 18.8X1.618= 30.41 Next top= 29.68 29.68x1.618= 48 You can draw trend channels, use Fibonacci...

I just did my analysis. Oil will be over 100 dollars a barrel in the next 12 months.