Hot Pick Of The Day

[New-born baby]

I don't know.

New Born,

Are you buying more FDG after todays drop?

I haven't made up my mind. The divy is going to be about $1.18 USD, and that disappointed the troops. Furthermore, they announced that they don't know how much coal they will sell this year, and gave a range of 10%. I would expect FDG to be about $37.50 by the end of APR.

If I planned to keep this stock I'd sell calls on it. The APR $40 strike will net you another $1.80 per share. You'll catch the divy and the $1.80 both if you sell the calls. That's almost 7.3% on your money for this month alone. I would also sell the JAN 07 $40 calls for $3.20. Don't worry; they are NOT going to call it away at this time. But that gives you more insurance and profit.

[rickflyboy]

NBB

Thanks as always, for your input.

[New-born baby]

SU:Mildred's pick for Tuesday

SU looks like it may fall down to $60 or lower--if the $70 support fails. Personally I am looking for SU to bust the $70 support tomorrow and the free fall begins. There is a snag on the way, namely, support at the $65.19 level, but I don't think that stops the fall. If that $70 marker breaks, short it.

[New-born baby]

Fording Coal Breakdown

Here's a look at today's Fording Coal Breakdown:
My prognosis is that FDG is now going to test the $37 level, or maybe even the $33.50 level and lower. The ascending triangle failure signals trouble for the fat momma. Short the next strength. By that I mean there probably will be some kind of a retest of the ascending lower line, but she dives after that.
I WOULD NOT BE A BUYER AT THIS LEVEL UNLESS I PLANNED TO HOLD FDG UNTIL JAN 07. If you hold the stock you can make money on FDG via selling the calls and collecting the dividends.

[New-born baby]

FDG: on the move--South

Looks like FDG couldn't wait to fall off of the table today. Down $2.24 in
the first 15 minutes. Uh Oh MILDRED!

[New-born baby]

Old Archie stumbles again

Old Archies stumbles again, and this time the fall might be precipitous.
The daily and weekly on the diagnosis: a broken neck. ACI will be laid up for awhile, and the cost! You know how expensive a hospital stay can be. Well, old Archie is going to lose perhaps 30% of his net worth. That's right: 30%.
Perhaps you doctors and nurses out there would like to get in on the free-for-all. Here's the charts:the daily


And now the weekly . . .


Hey, did anybody see the subliminal message?

[New-born baby]

Fdg

FDG hit the first target of $37 this morning. Only one tap at that price. Still, the current target now is --are you ready for this?--$30. Uh Oh Mildred!

[Peter Hansen]

New Born Gorilla Like ALJ (AL J )

NB The Gorilla has ALJ as a potential pick......chart does not look special t0 me........any comments on this one ?

[Peter Hansen]

STXN LOooooooookin GOOD

New Born......Stocks like STXN really catch my eye. STXN appears to have some legs left .... .do you see a good buy point here?

[New-born baby]

ALJ: tough banana

NB The Gorilla has ALJ as a potential pick......chart does not look special t0 me........any comments on this one ?

If the Gorilla likes ALJ, it is because of the weekly symmetrical triangle. He must be banking on a symmetrical triangle breakout to the upside. See chart below.


The daily is just plain ugly, imo. Some sort of a double/triple bottom, but certainly in no way textbook classic, has formed. Still, it looks very dicey to me. And the PnF says short, not long. There are much better trades than this one, imo.

Here's the daily:

[New-born baby]

Stxn

New Born......Stocks like STXN really catch my eye. STXN appears to have some legs left .... .do you see a good buy point here?

STXN is making a comeback. A mere shadow of a once mighty stock. Two year cup with small handle is actually a double bottom on the 7yr, 6 mo chart.
I'll show you the big picture first. Here's the massive weekly:


The daily chart shows that $5.25 is a good entry. This baby has very strong support at the $5.25 level, and frankly I look for STXN to retest the $5.25 marker sometime very soon. However, you need to remember that STXN has a lot of overhead resistance, and that topping tail yesterday shows that there are still some roof rats trapped up there that want out. I really think the safer play is to wait for the breakout I have drawn on the weekly chart. Just my opinion.

[New-born baby]

Archie

Archie tried to rally Tuesday but couldn't. I think she is now a confirmed sinner and going to fall to the $60 marker as charted Archie stumbles

[Peter Hansen]

New Born Thanx

NB .......once again brilliant analysis ......Thanx........Pete!

[Peter Hansen]

NB One More for the Gipper RACK

New Born just took a look at RACK.......Wow if this is not poetry in motion . I will eat my Beef Gogi LOL Pete (AKA LYE HOPPER)

[Adman]

Rackable Systems looks good, but I would wait for a bit of a drop, and try to get in under 48, then it would become a hold, selling when she gets around 54. It's hard to tell at this point how long that may take.

STXN, my gut says stay away for now. As an alternative, take a look at OPTC. If you can get in at 22.09-22.12, look for 26.50 to 26.90, take some profit and let the rest ride.