newborn

[spikefader]

Buy the dip. Nay be skeered of it.

[New-born baby]

Ice

Look at ICE. current price $129.50. A Sept $130 call for THIS FRIDAY expiry sells for $2.65. WOW! Buy the stock and sell a call and you have the potential to net $132.65 in three days. Nice $315 profit in three days. This is what I call a rich option chain. I like it.

[New-born baby]

Btu

I figure BTU is going to settle at the $45 strike for Sept (next Friday).

[New-born baby]

And speaking of taking a leap . . . take a look at AMZN. It is set up for a double top.

[Al1000]

Al,
It's a penny stock: if you get 10%, take it. But the chart is bullish. However penny stock charts are not nearly as stable as the charts of established, $20 & up stocks. So please understand that these things are risky. If she breaks $0.40, the chart says she'll run to $0.75 . . . .

Thanks, Newborn.

[New-born baby]

Newborn,

what do you think about WWNG? I need your technical opinion about it. Please put some chart on. I believe this stock has potential to grow. Thanks in advance.

Al

Al,
It's a penny stock: if you get 10%, take it. But the chart is bullish. However penny stock charts are not nearly as stable as the charts of established, $20 & up stocks. So please understand that these things are risky. If she breaks $0.40, the chart says she'll run to $0.75 . . . .

[Al1000]

Wwng

Newborn,

what do you think about WWNG? I need your technical opinion about it. Please put some chart on. I believe this stock has potential to grow. Thanks in advance.

Al

[IIC]

They say only a fool makes the same mistake twice Doug!

That's what my lawyer told me after I divorced my 1st wife

[spikefader]

Go for it Spike if you must


...I was wrong when we talked about it in late Feb or early March...Are you gonna bet that I'm wrong twice in a row???

Aye I am....you were wrong in Feb/March and you're gonna be wrong again .....maybe not as badly this time though. And funnily enough the same kind of TA conditions exist now as did back in Feb/March. They say only a fool makes the same mistake twice Doug!

[IIC]

Buy the dip. Nay be skeered of it.

Go for it Spike if you must


...I was wrong when we talked about it in late Feb or early March...Are you gonna bet that I'm wrong twice in a row???

[skiracer]

Well, once I clicked on the instructions for uploading the annotated screen to print, I just followed the yellow brick road (i.e., ALT print screen, run Paint, save to My Pictures, open in imageshack, host, copy into MrM, it took me about a minute or two, tops. I like your snagit idea though. Looks like it has a great deal more flexibility. Especially I like your ability to put in comments! Haven't figured out how to do that in stockcharts yet, but there is probably a way. If not, I will be looking hard at snagit.

Okay, now I understand. I would be buying tracking ETFs. Sounds easy "you can do it almost anyway you want to do it." But which way would be a smart way to do it? Remember, I still need some hand-holding here, especially when it comes to options. I know you're one of the option experts here, so am willing to listen to what you have to say, if you're willing to take the time. Riverbabe

some of the tracking etf's are pricey. I like the option plays on them. there are a number of them which i didn't mention. you have to study them first and understand what each of them represent and then the one that is the best fit for your style and abiltiy is the one for you. the more experience the better when trying to find which positions work best for you. it takes time to develope the experience. but read up on them first.
in my opinion snagit is the best for the money. 39.95 and you are done for life in a sense. you get all the updates automatically. plus the tools are all there for your use in a simple format. just pick the tool out to do the job you need done at the moment and it's done. they are also developing the state of the art in capturing from every conceivable position. try it you'll love it beleive me. i'm sure you have spent 39.95 on plenty of items that will not give you as much for the money. it is one of my favorites and i use it in many areas of my business operations other than just here.

[riverbabe]

The only thing about Print Screen is that it only takes a snapshot of what you can see on your monitor...also, when I use print screen I crop off the excess in MS Office Picture Manager...I also resize it and then when I go to imageshack I use url and I don't have to resize...I just click Host It...then I copy the HotLinks For Forums 1 link...that way I can just copy paste it on a forum w/o using the link feature... Doug

I sees now! Good advice. Will try that next. River

[riverbabe]

how long did it take you to make that capture in your print screen and then save it to paint and then upload it to here.
regarding the other question about the indexes you could buy the SPY (S&P 500 SPDRS) ETF outright long or short it or you could buy calls or puts on the SPY itself. you could do that the same way with either the INDU or the COMPX or any of their tracking etf's. QQQQ or DIA for either the Dow or the Nasdaq. you can do it almost anyway you want to do it.

Well, once I clicked on the instructions for uploading the annotated screen to print, I just followed the yellow brick road (i.e., ALT print screen, run Paint, save to My Pictures, open in imageshack, host, copy into MrM, it took me about a minute or two, tops. I like your snagit idea though. Looks like it has a great deal more flexibility. Especially I like your ability to put in comments! Haven't figured out how to do that in stockcharts yet, but there is probably a way. If not, I will be looking hard at snagit.

Okay, now I understand. I would be buying tracking ETFs. Sounds easy "you can do it almost anyway you want to do it." But which way would be a smart way to do it? Remember, I still need some hand-holding here, especially when it comes to options. I know you're one of the option experts here, so am willing to listen to what you have to say, if you're willing to take the time. Riverbabe

[skiracer]

Okay, I have tried annotating a chart in stockcharts using the basic subscription. I have tried to upload it using your system, Doug. But I don't get the options you mention on a right click or a left click or at the bottom of the annotating screen. I used Peanut's system of ALT Print Screen and ran the Windows paint program, according to the "instructions" listed for "printing." And it worked to simply save it in My Pictures and upload to imageshack from there. So here it is, for all of you who don't pay the big bucks to stockcharts for the big $ program.

how long did it take you to make that capture in your print screen and then save it to paint and then upload it to here.

regarding the other question about the indexes you could buy the SPY (S&P 500 SPDRS) ETF outright long or short it or you could buy calls or puts on the SPY itself. you could do that the same way with either the INDU or the COMPX or any of their tracking etf's. QQQQ or DIA for either the Dow or the Nasdaq. you can do it almost anyway you want to do it.

[riverbabe]

Buy the dip. Nay be skeered of it.

Spike, this neophyte needs instruction here as I have never bought an index other than QQQQ before. Please enlighten me as to what you would suggest as the best way to do this dollar wise (index or options?) and what is the symbol under which I would buy it, since Scottrade is not offering any help here. Any help from you or others would be appreciated. River