Peanut's Potent Plethora of Profit

[peanuts]

Peanuts, what do you think is instore for CAF?

I don't know anything about it. I would need a prospectus to first get an opinion of the structure of the fund's strategy, and then research the manager's effectiveness.

I like individual companies, better.

I'd rather invest domestically, because that is the pulse on which my finger sets.

Wish I could help

Runner!!!! GHDX explodes today!!!

My trade trigger went off at $22.50!!!

Thanks, dude!!!!

Peanuts, what do you think is instore for CAF?

[peanuts]

I did not enter GHDX today... waiting like a crouched tiger, though

SIM is too crazy to call. I'll let someone else lose money in it...

Runner!!!! GHDX explodes today!!!

My trade trigger went off at $22.50!!!

Thanks, dude!!!!

[peanuts]

Lye, Peanuts,
I had some SIM that I bought back in September 2006 at $12.50 when it broke out again. Sold it for around $17 because it was making me nervous, kept making new highs on lower volume and pulling back on higher volume, or so it looked to me. It ran up to over $20 after I sold, and finally got whacked when Nucor (NUE) came out with a warning. SIM has been headed down ever since, and is now back at $12.50 again. I'm waiting for it to turn again. I have to admit that I don't know much about the steel industry or it's prospects, SIM just showed up on a screen, along with STLD, so I watched it for awhile then bought. Glad to see some others paying some attention to steel. I only mention it because, other than SCHN, I know that NUE also had some sub-par results.

Stenzrob,

After all the poor reports are made by domestic steel companies this quarter, the steel industry should sag, but quickly recover, and there might be some great bargains in the spring within the steel industry.

I see that SIM has some increasing volume. It may bounce, but I think it will come right back down. I once owned some around $7 and just played it, but I missed the big run into the $20's

steel stocks

I was thinking along those same lines, but I don't want to base too much of my opinion on the SCHN poor earnings. I'd like to see some more reports from other steel companies.

I have noticed that USAP looks toppy on the daily chart, but a big C&H on the 2 year weekly chart

Lye, Peanuts,
I had some SIM that I bought back in September 2006 at $12.50 when it broke out again. Sold it for around $17 because it was making me nervous, kept making new highs on lower volume and pulling back on higher volume, or so it looked to me. It ran up to over $20 after I sold, and finally got whacked when Nucor (NUE) came out with a warning. SIM has been headed down ever since, and is now back at $12.50 again. I'm waiting for it to turn again. I have to admit that I don't know much about the steel industry or it's prospects, SIM just showed up on a screen, along with STLD, so I watched it for awhile then bought. Glad to see some others paying some attention to steel. I only mention it because, other than SCHN, I know that NUE also had some sub-par results.

[peanuts]

ATTENTION:

Breakout to new highs on strong volume

I just bought @ $16.16

[peanuts]

ATTENTION:

Breakout to new highs on strong volume

ticker: HMSY

HMS Holdings Corp., through its subsidiaries, provides various cost containment and payment accuracy services relating to government healthcare programs in the United States. The company, through Health Management Systems, Inc., works on behalf of government payors to help contain healthcare costs by recovering expenditures that were the responsibility of a third party, or were paid in error. Its customers include state and county Medicaid programs, Medicaid managed care plans, child support enforcement agencies, state prescription drug plans, and other public programs. HMS Holdings, through Reimbursement Services Group, Inc., works on behalf of public, voluntary, as well as profit hospitals to document services that qualify for reimbursement through Medicare cost reports and other government payment mechanisms. The company was founded in 1974 and is headquartered in New York City.

1) Fast stochastics have been in the accumulation level for the last few weeks and is currently about to cross into the overbought area

2) Price is crossing resistance... there's still some overhead, but this will be the 3rd test of it.

3) Nice increase in buying volume

4) Short term RSI (7 day) is turning positive against a declining market

5) Short term MACD (2,13,12) has a bullish crossover above the red indicator line and is above the zero line.

What all of this tells me is that in the last few days HMSY has been experiencing some nice buying volume in the face of a declining market. It was at a point where any bit of weakness would reduce the price substantially. But instead of weakening when the stock is testing areas of previous strength in a weak market, HMSY caught more traction to the up side. If it can do this under the current market conditions, it may still have some momentum in the coming week.

I know that this stock was discussed by some forum members previously (I think by Louetta and skiracer) so their views on this would be appreciated. I don't know too much about it fundamentally, but maybe someone else does...

[peanuts]

SCHN is down after the report.... I'm listening to the cc. Some good short opportunities in "steel" about to happen anytime now.... IMO.

I was thinking along those same lines, but I don't want to base too much of my opinion on the SCHN poor earnings. I'd like to see some more reports from other steel companies.

I have noticed that USAP looks toppy on the daily chart, but a big C&H on the 2 year weekly chart

[Lyehopper]

SCHN falls 8% on earnings....

SCHN is down after the report.... I'm listening to the cc. Some good short opportunities in "steel" about to happen anytime now.... IMO.

[peanuts]

FRPT.ob

Grebnet,

I like the FRPT.ob buy. I've been watching and waiting for a big drop so that I can pick up some really cheap shares. I just get a feeling that weak investors will get shaken from the tree if the price falls far and fast enough.

Is there a SHS pattern? Um, yup, look out below... it's right at the neckline on the right shoulder. You might want to set some stops in case this goes down so some of your investment is saved, Grebnet. I hope, for your sake, that it treats you well.

[peanuts]

HMS Holdings

ticker: HMSY

HMS Holdings Corp., through its subsidiaries, provides various cost containment and payment accuracy services relating to government healthcare programs in the United States. The company, through Health Management Systems, Inc., works on behalf of government payors to help contain healthcare costs by recovering expenditures that were the responsibility of a third party, or were paid in error. Its customers include state and county Medicaid programs, Medicaid managed care plans, child support enforcement agencies, state prescription drug plans, and other public programs. HMS Holdings, through Reimbursement Services Group, Inc., works on behalf of public, voluntary, as well as profit hospitals to document services that qualify for reimbursement through Medicare cost reports and other government payment mechanisms. The company was founded in 1974 and is headquartered in New York City.

1) Fast stochastics have been in the accumulation level for the last few weeks and is currently about to cross into the overbought area

2) Price is crossing resistance... there's still some overhead, but this will be the 3rd test of it.

3) Nice increase in buying volume

4) Short term RSI (7 day) is turning positive against a declining market

5) Short term MACD (2,13,12) has a bullish crossover above the red indicator line and is above the zero line.

What all of this tells me is that in the last few days HMSY has been experiencing some nice buying volume in the face of a declining market. It was at a point where any bit of weakness would reduce the price substantially. But instead of weakening when the stock is testing areas of previous strength in a weak market, HMSY caught more traction to the up side. If it can do this under the current market conditions, it may still have some momentum in the coming week.

I know that this stock was discussed by some forum members previously (I think by Louetta and skiracer) so their views on this would be appreciated. I don't know too much about it fundamentally, but maybe someone else does...

[peanuts]

I'm looking at AOS as a possible target.. Peanuts you think it might have a few points to the upside? Weekly does show some R to work through...

Daily does have a possible double bottom look to it...

I think that now is the time to really watch AOS.

Here's the original TA done on 12/28/06:

post link

Here's the updated chart with a 35 day EMA added to it: LINK

Notice how the current price is right on a crucial 50 day MA line. This might want to bounce off of this MA support, and quickly jump higher to Runner's target of $42 from the double bottom. The crossovers are still intact, so I am bias to being bullish, but I also see this current set-up has happened in the chart before. The result was a 10% loss over 4 days back in July 06, so being bullish first thing on Monday may be disasterous.

This certainly looks to be a good stock to make a plan for a couple of points and stick to the plan. Trying to predict the direction a few weeks from now seems impossible at this point. I might try to get 5% quickly from a long entry on this. I will update anyone that is interested.

[peanuts]

For the folks who love to try to pick a bottom:

Guess which one will bounce the highest in 1 week:

ADM ... AMD ... ANR ... FSII ... LMIA ... WLSC

well? huh? huh? huh? Which one?

Bottom pickers lost. All were down in last week's crappy market.

Now, this week, same stocks, which one goes highest? huh? huh? huh? Tell me!

[New-born baby]

Mvco

MVCO made a move this afternoon. Hmmmm.

[peanuts]

I was replying to your post at 10:10 am today, "don't say I never told you so". NGA is up .14 at the moment but if you had entered at the open you would be down right now an AZZ turned out to be a trap wouldn't you say. It went from gapping up over 2 points at the open to now down .67. I don't think anyone would have caught it at the open before the gap up and those that did chase it are now sorry they did. Wouldn't you agree.

I agree that if someone had bought at the open then they would be chasing a loss right now.

When I made that post, I was basically saying, "you sees, everyone?" Had someone decided that wanted to try to do what I was doing, then they would have been able to buy on Wednesday at 5.30 and sell today at 5.70 That kind of return is nothing to scoff at.

I see that AZZ is dumping its early morning gains