Tatnic's Terrific Trades

[peanuts]

Tatnic,

I know you love charts... tell me what you think of this: (company witheld)

[IIC]

Tatnic's thread is rapidly becoming the most popular investment column on the internet. Way to go dude.

Heck...Even I like his thread

[IIC]

Tatnic,

I know you love charts... tell me what you think of this: (company witheld)

Let me guess...that looks like WHT

[peanuts]

rapscallion!

Let me guess...that looks like WHT

damnit, Doug.... I said "TATNIC" hehehe

Well.... what do YOU think of the chart?

btw: how'd you know? Did you look up issues advancing greater than 15%, sort the share price, and then scan thru the charts of the resulting stocks?

[IIC]

damnit, Doug.... I said "TATNIC" hehehe

Well.... what do YOU think of the chart?

btw: how'd you know? Did you look up issues advancing greater than 15%, sort the share price, and then scan thru the charts of the resulting stocks?

My crystal ball knows all.

But I took the long way way out although not as long as your way...One of my Fave scans is MACD 2,13,12 crossovers...I put in a price range based on your chart and only 4 came up.

Interesting chart but I would like to know why it moved?...Unfortunately, this is my busiest week of the year (hopefully) so I don't have time to check it out.

[Tatnic]

Tatnic,

I know you love charts... tell me what you think of this: (company witheld)

I like the colors and the way those lines go up and down. Seriously, as a rule, I don't look at daily charts and I don't very often bother with anything under $5 (I did buy some small stuff last week but due to its very speculative nature, I didn't post them). Also, there appears to be quite alot of overhead nearby so....but if it goes up and makes you money then its all good.

I feel more comfortable looking at a bigger picture. If you pull up any of the charts I posted from last week you'll see how I like them parameter-wise: Weeklies, 40/2 bollingers, rsi, adx, 10 sma, 30 ema, and volume over the past 1/2 year. That's just the beginning, but its a start.

[Tatnic]

damnit, Doug.... I said "TATNIC" hehehe

Well.... what do YOU think of the chart?

btw: how'd you know? Did you look up issues advancing greater than 15%, sort the share price, and then scan thru the charts of the resulting stocks?

OK...so now that I know its WHT, I pulled up a weekly and I don't like it here. To me it looks like it could base for quite a while longer so I'd rather see it build a nice base with decent support and then eventually break strongly out of that base above resistance, with volume. That's not to say that this chart can't pop here but to my eye its got some time left in the basing stage (one could argue that its still in the downtrend phase and you wouldn't get much opposition from me on that claim--its in the gray area right now and to be in a basing stage is an improvement).

Some other things I don't like are the descending ma's...the majority of the time you can't get a strong move in the opposite direction of the slope. Not always, but most of the time.

[Tatnic]

Tatnic's thread is rapidly becoming the most popular investment column on the internet. Way to go dude.

thanks for the accolades MM but me thinks you got a little carried away on that claim.

[Tatnic]

LEH autopsy

...what happened? Well, for starters one of their top people left the firm. The chart is at very important support and may have already lost its grip. No position here...watching this level for clues.

[Tatnic]

MY BAD! I thought I had read last week that earnings were to be released b4 the market opened today.....that's incorrect. They're to be released after today's close, so watch the extended hours quotes to see how the numbers were taken. If the stock pops, then the numbers (ie margins) have improved and the stock could break out strongly. If not, then its more of the same.

Well, the stock is up pre-market but the company still has not released any numbers other than their "preliminary" sales. No profit info and they now say they can't make the deadline once again. I see there are some brave souls who don't care about the lack of info but I for one wouldn't want to be left holding the bag when the real numbers finally come out.

[Tatnic]

This bodes watching, ie the market's reaction.

http://biz.yahoo.com/ap/070226/hong_...span.html?.v=4

Boy that old dude still has power over the markets. I don't know if it was his comments alone that started this but it given that his comments were made in hong kong, and the next day their market collapsed is pretty significant and telling.

Anyway, I'm getting very defensive here, writing calls and buying index puts. We're still not that far from all time highs so I could be wrong, but I'm feeling quite defensive now.

[peanuts]

Boy that old dude still has power over the markets. I don't know if it was his comments alone that started this but it given that his comments were made in hong kong, and the next day their market collapsed is pretty significant and telling.

Anyway, I'm getting very defensive here, writing calls and buying index puts. We're still not that far from all time highs so I could be wrong, but I'm feeling quite defensive now.

I wish I had the article to link to, but I read this morning that it was massive Chinese funds which all sold today in order to pay first quarter dividends by the end of March.

Who knows?

I've moved mostly to CA$H, personally. I was thinking of taking some time off, anyway.

[Tatnic]

I wish I had the article to link to, but I read this morning that it was massive Chinese funds which all sold today in order to pay first quarter dividends by the end of March.

Who knows?

I've moved mostly to CA$H, personally. I was thinking of taking some time off, anyway.

Probably not the end of the world, but we really got over-extended...nothing wrong with going to cash. I did a quick and dirty check on the qubes...the average "correction" over the past 3 years has been around 11%, and has lasted an average of around 11 weeks. Again, I may be too early with talk of a correction, this market has a mind of its own.

[Lyehopper]

I wish I had the article to link to, but I read this morning that it was massive Chinese funds which all sold today in order to pay first quarter dividends by the end of March.

Who knows?

I've moved mostly to CA$H, personally. I was thinking of taking some time off, anyway.

Why not short something?

[IIC]

China and Big Mouth Greenspan...I thought he retired???

http://www.forbes.com/feeds/ap/2007/02/27/ap3467501.html