IIC's Winners Watchlists

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  • IIC
    Senior Member
    • Nov 2003
    • 14938

    S/R for Wednesday

    Nasdaq

    Resistance

    2185
    2163
    2128
    2106-Medium
    2090
    2066
    2048-Medium
    2030
    2015-Medium
    1991-Very Weak
    1975
    1941

    Support

    1898-1903
    1867-1877

    QQQQ

    Resistance

    40.50
    40.05
    39.50
    39.20
    38.75
    38.10-Medium
    37.80
    37.30
    37.05-Medium
    36.80-Medium
    36.50
    36.05
    35.40-Medium
    35.20-Very Weak

    Support

    34.55
    34.05-Weak
    33.80-Weak
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

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    Comment

    • IIC
      Senior Member
      • Nov 2003
      • 14938

      Been surfing the Net for a little over an hour and I'm reading all these positive statements. A lot of postive looking things...But I'll tell 'ya, I am not too comfortable with it all...Technicals reversing(mostly), Naz Futs +11.00, Japan flyin'... I don't know???

      Unless the A/D(Accum/Dist) line can get up...I smell a trap. I'm not saying that I won't trade tomorrow and I'm not saying the Naz won't pop...But, if you don't have nerves of steel...I recommend cash...JMHO...IIC
      "Trade What Is Happening...Not What You Think Is Gonna Happen"

      Find Tomorrow's Winners At SharpTraders.com

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      Comment

      • spikefader
        Senior Member
        • Apr 2004
        • 7175

        Ya IIC, I'm smelling gap 'n crapola in the morning.

        Comment

        • IIC
          Senior Member
          • Nov 2003
          • 14938

          Originally posted by spikefader
          Ya IIC, I'm smelling gap 'n crapola in the morning.
          Yeah...but I still think GM s*x...As a matter of fact, I'm thinkin' about going over to China to set up a car exporting biz.
          "Trade What Is Happening...Not What You Think Is Gonna Happen"

          Find Tomorrow's Winners At SharpTraders.com

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          Comment

          • IIC
            Senior Member
            • Nov 2003
            • 14938

            Originally posted by IIC
            Yeah...but I still think GM s*x...As a matter of fact, I'm thinkin' about going over to China to set up a car exporting biz.
            Could be quite lucrative till they put on a 198% tariff
            "Trade What Is Happening...Not What You Think Is Gonna Happen"

            Find Tomorrow's Winners At SharpTraders.com

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            Comment

            • IIC
              Senior Member
              • Nov 2003
              • 14938

              WITS announces 4/26...I know most are probably sick of hearing about it since my original shs were bot over a year ago...added 6/1 too...But it looks good again IMO...Kinda a drag though on my overall performance since my avg. buy was 14.49...But I just know in my gut if I bail it will take off...Tough decision when you are heavy...IIC
              "Trade What Is Happening...Not What You Think Is Gonna Happen"

              Find Tomorrow's Winners At SharpTraders.com

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              Comment

              • IIC
                Senior Member
                • Nov 2003
                • 14938

                DATA SNAP: US Core CPI Shows Biggest Gain Since Aug '02

                .================================================= ======
                March Consumer Price Index !Consensus: !
                Key Numbers: Mar Feb !Overall:+0.5%!
                CPI Index: +0.6% +0.4% ! !
                Core Index: +0.4% +0.3% !Actual: +0.6%!
                Energy: +4.0% +2.0% ! !
                ! !
                ================================================== =====

                By Joseph Rebello and Paulette Chu

                Of DOW JONES NEWSWIRES

                WASHINGTON (Dow Jones)--U.S. consumer prices rose at the fastest clip in five months in March amid a surge in gasoline and housing prices, surprising Wall Street and validating the Federal Reserve's worry that inflation is heating up.

                The Consumer Price Index rose 0.6% last month, marking the biggest increase since October, the Labor Department said Wednesday. The closely watched core index, which excludes food and energy items, rose 0.4% - the fastest pace in two-and-a-half years.

                Wall Street expected milder inflation. The average forecast of economists surveyed by Dow Jones Newswires and CNBC called for a 0.5% in the overall CPI and a 0.2% gain in the so-called core index, which excludes food and energy items.

                The numbers could rekindle speculation in financial markets that the Fed may step up the pace of interest-rate increases. Amid a gradual increase in inflation since the middle of 2004, Fed policymakers have raised the key federal funds rate by a quarter percentage point at each of their last seven meetings, lifting it to 2.75%.

                Last month, however, some members of the Fed's Open Market Committee began to doubt the central bank's own forecast that inflation will stay low this year. "The odds that the Committee might need to step up the pace of policy firming were thought to have increased," they said, according to minutes the Fed published last week. They expressed "concern" that consumer-price inflation recently has exceeded expectations.

                Economists, however, said the committee isn't likely to take that step at its next meeting, on May 3. Since the policymakers last met, U.S. retail sales have weakened, housing construction has declined, stock prices have taken a dive, and Wall Street has begun to fret about a new "soft patch" in the economy.

                On Tuesday, one FOMC member acknowledged that the economic recovery may be slowing and asserted that inflation "remains basically well-contained." In an interview with CNBC, Janet Yellen, president of the Federal Reserve Bank of San Francisco, said: "We have had some recent readings, the trade and retail sales, that suggest maybe we hit a soft spot in March."

                Most economists, as a result, expect the FOMC to stick with its campaign of "measured" interest-rate increases for now, lifting the funds rate by a quarter percentage point on May 3. That would put the rate at 3%.

                The Labor Department's report Tuesday showed that much of the overall increase in consumer prices last month reflected surging crude-oil prices, which have climbed about 40% over the last year. Energy prices rose 4%, the biggest increase since October. Gasoline prices rose 7.9%, also the biggest increase since October. Food prices rose 0.2%, the biggest increase in four months.

                But prices outside the food and energy sectors also rose at a faster pace. Housing prices, which account for about 40% of the CPI, rose 0.5% - the biggest increase in more than four years. Transportation prices rose 1.9%, the biggest increase in five months.

                Apparel prices rose 0.8%, the biggest increase in a year. Prices of airline fares rose 2.7%, the biggest increase in nearly four years. Prices of medical care, however, slowed to a growth rate of 0.5% from 0.6% in February.

                In a separate report, the Labor Department said the average weekly earnings of U.S. workers, adjusted for inflation, fell 0.3% in a second consecutive month of decline. Average hourly earnings rose 0.3%. Average weekly hours were unchanged.
                -By Joseph Rebello and Paulette Chu; 202-862-9279;
                [email protected]
                "Trade What Is Happening...Not What You Think Is Gonna Happen"

                Find Tomorrow's Winners At SharpTraders.com

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                Comment

                • spikefader
                  Senior Member
                  • Apr 2004
                  • 7175

                  Originally posted by IIC
                  Yeah...but I still think GM s*x...As a matter of fact, I'm thinkin' about going over to China to set up a car exporting biz.
                  ha yeah, I don't think you're the first one to think of that one
                  Originally posted by IIC
                  Could be quite lucrative till they put on a 198% tariff
                  lol yes, and don't forget the kickbacks for corrupt local officials so your product doesn't get held up in red tape

                  Comment

                  • IIC
                    Senior Member
                    • Nov 2003
                    • 14938

                    Today's MoMo

                    LUFK AIRT OBCI INNO IRIS OPMR CVV UTHR

                    LUFK
                    AIRT
                    OBCI
                    INNO
                    IRIS
                    OPMR
                    CVV
                    UTHR


                    S/R for Thursday

                    Nasdaq

                    Resistance

                    2185
                    2163
                    2128
                    2106-Medium
                    2090
                    2066
                    2050
                    2025-Medium
                    2009
                    1991-Very Weak
                    1973
                    1943
                    1930

                    Support

                    1898-1903
                    1867-1877

                    QQQQ

                    Resistance

                    40.50
                    40.05
                    39.50
                    39.20
                    38.75
                    38.10-Medium
                    37.80
                    36.95-37.05-Strong
                    36.60
                    36.00
                    35.50
                    35.00

                    Support

                    34.55
                    34.05-Weak
                    33.80-Weak
                    "Trade What Is Happening...Not What You Think Is Gonna Happen"

                    Find Tomorrow's Winners At SharpTraders.com

                    Follow Me On Twitter

                    Comment

                    • IIC
                      Senior Member
                      • Nov 2003
                      • 14938

                      H*ll...I'll sell this dog for 12 bux right now...I've owned it too long...

                      Reliv Intl In Trading Plan To Buy Back 200,000 Shrs >RELV

                      WASHINGTON (Dow Jones)--Reliv International Inc. (RELV) said Wednesday that it entered into a stock trading plan Monday to repurchase 200,000 shares of its common stock at a price of up to $12 a share.

                      According to a regulatory filing with the Securities and Exchange Commission, the Chesterfield, Mo., company said the repurchase will take place from Monday until Aug. 31. Seidler Cos. was named the plan's facilitator.

                      Rule 10b5-1 allows insiders to adopt written agreements under which they can buy or sell their company's stock legally, even if they later acquire inside information.

                      Shares of Reliv International recently traded at $9.74 each.

                      Reliv International makes food products, including nutritional and fiber supplements, diet management products, functional foods and sports drink mixes.
                      "Trade What Is Happening...Not What You Think Is Gonna Happen"

                      Find Tomorrow's Winners At SharpTraders.com

                      Follow Me On Twitter

                      Comment

                      • IIC
                        Senior Member
                        • Nov 2003
                        • 14938

                        Well, I was pretty busy at work today...so I cashed out SNHY on the gap up early and I sold ABLE for a .15 sh gain...missed most of the rest of the day although I was able to sneek a couple of peeks in.

                        The CPI figures were above consensus an hour before the open, although there seems to be some confusion about the Core CPI...but if I use the Barron's numbers it was above consensus.

                        The first hour on the Naz seemed to be a battle between the CPI and some EPS reports...but I knew the Beige Book was coming out at 2pm EDT...Now, I'm assuming it did come out on time...and look at what happened on a Naz Chart after it came out...that was all she wrote.

                        The FOMC uses the Beige to help with their decisions...at least that's the official story...And since they meet again in 2 weeks, I have heard rumblings of 50 basis points...Could just be rumor and it is certainly only speculation...but it did not help the markets any...for today anyway.

                        Additionally, housing starts stunk yesterday...wonder if the bubble is ready to burst this year???...It is overdue IMO.

                        BTW...Anyone notice that today's Down Volume was alot higher on the NYSE than yesterday's Up Volume?
                        "Trade What Is Happening...Not What You Think Is Gonna Happen"

                        Find Tomorrow's Winners At SharpTraders.com

                        Follow Me On Twitter

                        Comment

                        • IIC
                          Senior Member
                          • Nov 2003
                          • 14938

                          Japan is falling apart...although I consider the foreign markets to be followers...and they have to deal with the China thing.



                          On a positive note...The Naz Futs are down only 1/2 pt...but the SP and Dow Futs are slightly green.
                          "Trade What Is Happening...Not What You Think Is Gonna Happen"

                          Find Tomorrow's Winners At SharpTraders.com

                          Follow Me On Twitter

                          Comment

                          • dmk112
                            Senior Member
                            • Nov 2004
                            • 1759

                            IIC, it seems that the this has been the story of this year, high volume slams and light volume bounces... it's not a good thing.
                            http://twitter.com/DMK112

                            Comment

                            • IIC
                              Senior Member
                              • Nov 2003
                              • 14938

                              Originally posted by dmk112
                              IIC, it seems that the this has been the story of this year, high volume slams and light volume bounces... it's not a good thing.
                              Very tough year...but it is also a fun year. I really enjoy trying to figure it all out.
                              "Trade What Is Happening...Not What You Think Is Gonna Happen"

                              Find Tomorrow's Winners At SharpTraders.com

                              Follow Me On Twitter

                              Comment

                              • spikefader
                                Senior Member
                                • Apr 2004
                                • 7175

                                Originally posted by IIC
                                RELV.
                                Nice chart.

                                Last edited by spikefader; 04-21-2005, 12:42 AM.

                                Comment

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