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EPS -$1.49 for 9 months seems pretty clear to me.

Ok, I looked back at some old Journals. What I noted was at one point his account had around 90k in it, but using margin I guess he took on 2 trades that had around 90k cost. This is a luxury that only someone who could afford to lose the whole account literally within days can take. I am...

Not weird at all. In fact, because it is a "random" function your graph could literally break off your supposed trend at any moment with no need for a catalyst to trigger it. Not true of equities. Strong trends are often there for a reason and more often then not they continue until a new...

It could be that a trainwreck gathers more attention then just some trader that lost 19% this year ( with indexes up 10%-15% ). And someone aiming for 1000% return will more often be a trainwreck then a success. Seriously now your premise is silly it is true people hate losing money so there...

Both stocks pretty much at 52 week highs now. TXN is at a key resistance level but I wouldn't be in a rush to counter the market yet in this sector. My posted targets were : TXN - $32, RIMM - $60, INTC - $23 TXN and RIMM pretty much made the targets already and INTC has a slow and...

This week has been unusual for expiry week, with futures pointing up tonight so far despite a world of hurt in the news. My experience is often on the Thursday morning there is a tricky reversal out of nowhere feuled by options markets. Perhaps the jobs number will give the market the...

Have you any idea how many much superior trades you could have made if you had even the slightest clue on the overall market direction ? You seem to like trades where you make a very small return trying to dodge a black swan possibility. Go ahead, tell us the money you would have lost if the...

Market seemed very flat today which to me is bearish coming off a down day yesterday. I'm expecting some selling first thing tommorrow. Fair bit of bad news today was totally ignored by the market. I doubt major players want to be holding into this weekend which includes the usual Friday malaise...

My post from last night : Regarding the subindexes, I stand corrected. But several stocks in those indexes that I trade dropped very little today. This is what gave me the idea we haven't completed the pull back from today. I expect something more within 48 hours for similar reasons to my...

I predicted a significant market drop for today elsewhere on this site. The post was from early last night. I have also noted several times over several weeks that a corrective phase is overdue, especially in certain sectors. I don't have a clue where the Index will close tommorrow but my...

Several items in this specific post seemed overly biased on the long side which was contrary to my own immediate views. Yesterday, 2 of 3 economic news items were negative but the Retail Sales ( thanks mostly to Autos ) was in the news more. The Irish situation in my opinion can only help lower...

A lot of these analysts are late to the party and tend to give advice that would be useful day/weeks ( maybe months/years ) earlier. My main weakness in the past has been listening to others and not just my instincts developed over years of observing and participating in markets. There are...

I believe we will drop again to <= 1150 area just on continued profit taking, Some sectors didn't participate much today. Any really bad news this will "crash" down to 1100. Can you say "Ireland" ? Or China raising interest rates ? I would say today's drop was fairly moderate given the...

Everyone headed to the exits ? Not nearly yet we're still very close to the highs of this year's trading range. Option expiry week often has a built in quality of countering any large moves in the market preceding it. This is because large institutions that have sold call options ( in a bull...

We could get an artificially propped up market into the open tommorrow before a significant sell off shortly after. The threat of an Ireland bailout announcement is hanging on the market. I think that event would drop all financials 3-5% within an hour. So the question is how interested are...

I think I've gone through what you are doing in the past. If you really must be "long only" then you need to get out now because the risk/reward is not good. For every long trade that looks good now you will be kicking yourself if the market dips and you get a much better entry point within...

I think there is at least a 20% chance we sell off large Monday so on that basis I am still short. Friday's afternoon rebound seemed half hearted I doubt that's it and the S&P 500 is in a weird spot where I think it has to move somewhere before people get comfortable. I suspect by 8:35 am...

This is exactly what I think will happen as well. An aggressive trader like Neke needs to either start shorting or go to cash and wait for better entry points to go long. If the market drops tommorrow which could very well happen then things get accelerated the shorts might be too late by 10...

So with 29 Billion shares you value the company at a cool $160 Billion. How much they earning this year ? Most Canadian banks have a PE around 14 so that would mean they should make approx 11.42 Billion profit per year to be fairly valued at $5.50. I'd love to hear your earnings forecasts...

Interesting, I don't have this sense myself even though I have found most of your recent posts fairly on the ball. I think the Irish situation is hanging on the market now and it won't take much to get a significant drop. We will need a lower level to truly establish support that the market will...