Peanut's Potent Plethora of Profit

[peanuts]

Dude, are you reading FA magic? What makes you think it would double in Cap?

not much FA went into it.

Double bottom was formed from Oct 02 to Feb 03. Once the price goes to to $23 in the near term, it should pull back to 20ish and then blast off to end the year around $34...

At least, that's what my crystal ball says. Reason tells me not to be so bullish, but the chart looks great in the LT.

[Runner]

I see what your looking at now. I need to remember to zoom out on the charts. From a FA perspective I think OSK is undervalued. Needs to pop the 200dma.

[peanuts]

I see what your looking at now. I need to remember to zoom out on the charts. From a FA perspective I think OSK is undervalued. Needs to pop the 200dma.

I have looked at OSK before (like a year ago) and thought the same thing... undervalued. I put it on my watchlist and it never really did anything that opened up a trade opportunity for me. I continue to have it as part of my watchlist in heavy equipment, but I am not looking to make a play on it.

However, I was checking out your watchlist, and I saw that you are watching LQDT. That is an interesting stock. It has made some of my screens over the last few months, and looks to be rebounding from some consolidation over the last month and a half. A bit of caution, though: Recently the 20 day EMA crossed below the 50 day MA (Dec 21). I have been noticing bearish action following this kind of crossover in other stocks which I follow. The 20 day MA is turning positive again, so it may make a bullish crossover soon if the price increases quickly. If it can sustain the $20 level for more than a couple of days, then it might be worth buying.

[Runner]

I have looked at OSK before (like a year ago) and thought the same thing... undervalued. I put it on my watchlist and it never really did anything that opened up a trade opportunity for me. I continue to have it as part of my watchlist in heavy equipment, but I am not looking to make a play on it.

However, I was checking out your watchlist, and I saw that you are watching LQDT. That is an interesting stock. It has made some of my screens over the last few months, and looks to be rebounding from some consolidation over the last month and a half. A bit of caution, though: Recently the 20 day EMA crossed below the 50 day MA (Dec 21). I have been noticing bearish action following this kind of crossover in other stocks which I follow. The 20 day MA is turning positive again, so it may make a bullish crossover soon if the price increases quickly. If it can sustain the $20 level for more than a couple of days, then it might be worth buying.

Peanuts, thanks for taking the time to post a chart. I concur with your take on LQDT...

[peanuts]

in AOS today @ $36.00

out AOS today @ $40. 11.11% in one week

do you guys hate me?

[jiesen]

great trade, Peanuts! You are HUGE!!!

[peanuts]

Peanuts Steel Index

Here's an update for anyone that cares:

So is Steel going higher or is it topping out? Remember, the 2006 PSI was up 41% on the year... so far 5% higher than that for 2007...

[stenzrob]

How does CECE get in your steel index?
I recognized the ticker, since they are in pollution control like FTEK which I follow.

[peanuts]

How does CECE get in your steel index?
I recognized the ticker, since they are in pollution control like FTEK which I follow.

Look more into the company and who their biggest customers are, and do some research on pollution controls within the steel industry and which side of the political spectrum pushes those controls, and you'll understand why CECE is included in the PSI. At last year's Steel conference, I began to hear buzz about pollution controls being implemented at some mills that I never had heard about before. When you fly into Midway Airport, the normal flight pattern is directly over Inland and US Gary works... you can actually see the dirty cloud which surrounds these mills from 10,000+ feet. With the cash heavy steel industry forming itself into a new monster, expect to see pollution controls becoming an issue for them. CECE will benefit from the USA steel boom as well as coal fired power plants and new ethanol plants.

I like CECE as a non-steel play, as well. But for the purpose of this index, they are in a group together.

[skiracer]

Look more into the company and who their biggest customers are, and do some research on pollution controls within the steel industry and which side of the political spectrum pushes those controls, and you'll understand why CECE is included in the PSI. At last year's Steel conference, I began to hear buzz about pollution controls being implemented at some mills that I never had heard about before. When you fly into Midway Airport, the normal flight pattern is directly over Inland and US Gary works... you can actually see the dirty cloud which surrounds these mills from 10,000+ feet. With the cash heavy steel industry forming itself into a new monster, expect to see pollution controls becoming an issue for them. CECE will benefit from the USA steel boom as well as coal fired power plants and new ethanol plants.

I like CECE as a non-steel play, as well. But for the purpose of this index, they are group together.

Because a stock will benefit from another sectors strength doesn't give license to move it fromt he sector and group that it is in and place it in another sector. Know what it does and taking that into consideration is one important factor but I can't agree with this manuever, although it is no big deal because whose looking anyway except maybe me and Stenzrob.

[stenzrob]

Because a stock will benefit from another sectors strength doesn't give license to move it fromt he sector and group that it is in and place it in another sector. Know what it does and taking that into consideration is one important factor but I can't agree with this manuever, although it is no big deal because whose looking anyway except maybe me and Stenzrob.

I was just inquiring as to the rationale, I was sure that peanuts had one. Fine with me, I'll just put FTEK in my coal index, if I had one. Thanks for the explanation, peanuts.

[jiesen]

hey Peanuts, congrats on the 1000th post to your thread!

I always enjoy reading this one.

[stenzrob]

hey Peanuts, congrats on the 1000th post to your thread!

I always enjoy reading this one.

Hey, I may have to go make some (more) pointless posts on my thread!

[stenzrob]

Hey, I may have to go make some (more) pointless posts on my thread!

Darn, I just added to peanuts' post total with that last one.
Aaaargh, I just did it again.

[peanuts]

Because a stock will benefit from another sectors strength doesn't give license to move it fromt he sector and group that it is in and place it in another sector. Know what it does and taking that into consideration is one important factor but I can't agree with this manuever, although it is no big deal because whose looking anyway except maybe me and Stenzrob.

Tell me when you make an SSI, OK