IIC's Winners Watchlists

[IIC]

Quite a day...My trades: ESLR scratch, TSRA -.26, BSTE +.40, AMHC -.81, GOAM +.40, VEXP +.20


Today's MoMo:
SEB HWG CFCI APPX TIV RTSX ITRI CMN GOT CVV ALDA CTHR HTC ENER PEIX KNOT SYNM CVO PRZ AVSR ELTK

SEB
HWG
CFCI
APPX
TIV
RTSX
ITRI
CMN
GOT
CVV
ALDA
CTHR
HTC
ENER
PEIX
KNOT
SYNM
CVO
PRZ
AVSR
ELTK

[IIC]

2:00 PM ET: Federal Reserve Chairman Alan Greenspan, via satellite, spoke about the energy market to a Texas oil conference. He said demand for energy has outstripped supply, describing shortages of refining capacity as "worrisome". He said sharply higher prices for energy have so far only "modestly" cut into demand, though consumers may cut back consumption if price gains persist. He described similar conditions for the natural gas market.

Heck...I coulda said that

PS...I'm cutting GM's Bonds to "JUNK" Status...What is wrong with this outfit???

[IIC]

BEIJING, April 6 -- A United Nations ban on oil tankers that use a single layer of steel to separate their cargo from the sea may leave the industry short of tankers, London-based shipbroker E.A. Gibson Ltd said.

According to a UN ruling that came into force on Monday, all single-hulled ships will have to stop sailing by 2010. Shipowners must scrap 169 tankers with a combined capacity of about 6.9 million tons this year, or 2.1 per cent of this year's global capacity. By 2010, as many as 1,402 ships carrying 104.6 million tons, or a quarter of global tanker capacity, would have to be scrapped, Gibson said.

Ulsan, South Korea-based Hyundai Heavy Industries Co, the world's biggest shipyard, and other shipbuilders have limited capacity to build new tankers as they struggle to meet demand for more profitable container ships and liquefied natural gas carriers. "The problem now is that shipowners will have to wait until 2008 to get any delivered with the South Korean shipyards already full with orders, said Kang Sang Min, a shipbuilding analyst at Tong Yang Investment Bank in Seoul. "Shipowners have already put in orders for most of the tankers they would need with the new regulation."

The UN's International Convention for the Prevention of Pollution from Ships was amended to speed up the phase out after the Prestige sank off the coast of Spain in November 2002 while carrying 77,000 tons of fuel oil. Double-hulls, mandatory in all tankers built since the mid-1990s, reduce the risk of pollution if a ship is damaged in an accident.

The phase out is staggered by age. Tankers built before 1997 and those with certain kinds of cargo tank structures were required to have stopped going to sea on Monday. As tankers reach the 26-year-old mark over the next five years they have to be phased out. All remaining single-hulled tankers are set to be abolished in 2010.

Rate impact

The UN's move "will have some impact on the oil tanker rates because this ruling will affect the supply and demand of these vessels, Kang said.

Oil tanker rates, which usually fall in the second quarter, may climb in the next three months as OPEC boosts production to meet demand from the United States and China.

With demand for ships exceeding yard capacity and rising steel costs, the price of building a 2-million-barrel oil tanker, or very large crude carrier, has more than doubled since September 2002. If the schedule turns out to be too drastic, the industry may have a get-out clause. Under the convention, individual flag states may authorize single-tankers younger than 25 to carry on trading until 2015.

The rules also ban single-hull tankers from carrying fuel oil, one of the dirtiest products of oil used in power generation, and heavy grades of fuel oil.

Singapore has required single-hulled oil tankers to announce their arrival 24 hours in advance since Monday.

The city state's Maritime and Port Authority said in a statement on April 1 that single-hulled tankers of more than 5,000 tons must inform authorities of their cargo 24 hours before they arrive in Singapore. Ships that do not comply may be denied entry to the port or detained. About a 10th of the 133,185 vessels that arrived in Singapore last year were oil tankers.

In 2004, 12,930 oil tankers with total capacity of 286.54 million gross tons, arrived at the island nation, 6.6 per cent more than the previous year in gross tonnage terms.

Singapore will also waive port dues to help cut costs for double-hulled oil tankers, Lim Hwee Hua, minister of state for finance and transport, said last month.

South Korea will deny entry into its ports to single-hulled tankers. Starting yesterday, South Korea's companies will be banned from operating single-hulled oil tankers that have a capacity of more than 5,000 tons.

http://news.xinhuanet.com/english/2005-04/06/content_2791658.htm

[IIC]

S/R For Wednesday:

Nasdaq

Resistance

2184
2163
2128
2107-Medium
2090
2066
2040-Strong
2030-Very Weak
2010

Support

1997
1966-1973
1945
1920
1903

QQQQ

Resistance

40.50
40.05
39.50
39.20
38.75
38.50-Very Weak
38.10-Medium
37.75
37.35
37.05-Medium
36.80-Medium

Support

36.50-Medium
36.05
35.45-35.50
35.20

[IIC]

Today's MoMo:

VLO ISRG APPX FTO PCO SNHY PEIX RTSX FORD HUBG LPL CMN RRC CVV TRFDF ALDA GLBL CTHR UFPT OPMR MDRX SHOE GAP SNMX IRIS FTHR XTND AVSR PRZ PRM

VLO
ISRG
APPX
FTO
PCO
SNHY
PEIX
RTSX
FORD
HUBG
LPL
CMN
RRC
CVV
TRFDF
ALDA
GLBL
CTHR
UFPT
OPMR
MDRX
SHOE
GAP
SNMX
IRIS
FTHR
XTND
AVSR
PRZ
PRM

S/R For Thursday:

Nasdaq

Resistance

2184
2163
2128
2107-Medium
2090
2066
2040-Strong
2009

Support

1996
1966-1974
1945
1920
1903

QQQQ

Resistance

40.50
40.05
39.50
39.20
38.75
38.10-Medium
37.75
37.35
37.05-Medium
36.85

Support

Q's are currently sitting right on Medium Support
36.05
35.45-35.50
35.20

[IIC]

Pretty good day today...Did good on ISRG...Also had CMN and MDRX...but it really doesn't matter after the fact...basically I am following the chart patterns I like combined with group movement and p/v...working well...IIC

[spikefader]

Hey IIC, thanks for posting those worst-rated lists!
Just saw MSO on there. Now that good news day has been sold and beaten with a big stick! http://www.mrmarketishuge.com/forum/...ntid=876&stc=1

[IIC]

What a cr*ppy day...lost about 3% each on NGPS and CYCL...then CNTY pulls back...but closed well, so I heldover.

WTSLA...SSS +36%...up pre-m and then tanks...I got out in the 3.90's...made 8% though on it from my 3/7/05 buy...but dissapointing.

Tough market this week...IIC

[IIC]

Today's MoMo:

TPL CCRD CYBX MTL CRYP MCRI WLT TDSC BEBE SHOE CULS TLWT FTHR CNTY SGR CMT NSI CRNS KNOT CVV RGN IRIS ANX EDGR CVO PDC

TPL
CCRD
CYBX
MTL
CRYP
MCRI
WLT
TDSC
BEBE
SHOE
CULS
TLWT
FTHR
CNTY
SGR
CMT
NSI
CRNS
KNOT
CVV
RGN
IRIS
ANX
EDGR
CVO
PDC

[B.J]

Pretty good day today...Did good on ISRG...Also had CMN and MDRX...but it really doesn't matter after the fact...basically I am following the chart patterns I like combined with group movement and p/v...working well...IIC

CMN has taken it on the chin these last couple days. Did anyone else notice the upper channel break?

[B.J]

What a cr*ppy day...lost about 3% each on NGPS...

You and I are in the same boat there. If I were as smart as Spike:



I would have just waited for a return to 20. But, as long as the 50 DMA holds, I'll hold.

How do you like MTXX, Doug?

[IIC]

Sorry...I will have to look at MTXX over the weekend...Last night and this morning I could not log on here at Mr. M.

Anyway, today was pretty nice...I'm still holding CNTY... I caught MCRI +.48 and ARTW at 7.50...but I got washed out at an avg of 8.07...I lost .11 on it later. Also, lost .08 on ESLR...IIC

[IIC]

Today's MoMo:

CVO MTL ELOS IRIS WGAT MCRI SHOE BEBE PACT CMT FTHR GOT CNTY HYTM EDGR MAHI MTY RGN TFF

CVO
MTL
ELOS
IRIS
WGAT
MCRI
SHOE
BEBE
PACT
CMT
FTHR
GOT
CNTY
HYTM
EDGR
MAHI
MTY
RGN
TFF

[IIC]

Hi Everybody...Mr. Breakout is updated if you'd like to take a look...Thanks, Doug(IIC) http://MrBreakout.com

[IIC]

BJ...If upside vol picks up...MTXX looks very interesting. I'm adding it to my watch...Thx