As Web's World Turns

[Websman]

I'm back. Any good stock picks???

[Websman]

The market has been good to me lately. ELN made me a little cash today. My thanks go out to Kingofthehill for educating us about it.

We haven't seen much of Mr Market lately. I figure that he's probably been busy in the gym, getting his body buffed up for the summer. I'm envious. The chics love him.

I'm still watching... TOPT, SIRI, DHB, RSSYF.OB, BBW, XMSR, TNOX

[B.J]

Webs, check out FRD for a bottom-fishing pick. Looks (to me) like it's going to make a move.

[Runner]

My take on FRD
I would like to see it P/B and base for a while, but it could care less what I want. If this clears 7.40 I have short term tgt of 8.05.

[B.J]

I somewhat agree Runner. But, in looking at the Raff Channel from the 7.40 high, it turned up yesterday. For me, that has worked pretty well of late in predicting a move. It moved today and appears to be heading toward that 7.40.

If volume (the missing ingredient) doesn't improve tomorrow, I think your basing scenario is more likely.

[Websman]

Webs, check out FRD for a bottom-fishing pick. Looks (to me) like it's going to make a move.

Thanks!
I may have to pick some up before I go fishing tomorrow.

[B.J]

Thanks!
I may have to pick some up before I go fishing tomorrow.

Nice move today, but I decided to close for 7%. It made its surge at the open, and pretty much stayed there. Profit taking right at the 200 DMA, and volume stunk.

[Runner]

Nice move today, but I decided to close for 7%. It made its surge at the open, and pretty much stayed there. Profit taking right at the 200 DMA, and volume stunk.

What the FRD is going on here! Way to go BJ!!!

[B.J]

Thanks Runner. Actually more happy with how ABLE went.

[Websman]

Jim Cramer just said on Mad Money that he was a great investor. BWAAAAAAHAHAHAAAAAAAAAAAA!!!! Now that was funny!

He obviously doesn't know Mr market.

[Runner]

My take on FRD
I would like to see it P/B and base for a while, but it could care less what I want. If this clears 7.40 I have short term tgt of 8.05.

FRD just shy of target!

[B.J]

Nice job, Runner. I should have listened

[Runner]

Notice low risk entry off the retests!

[Runner]

TGT 8.05 hit

[Websman]

So another good market day. Let's all drink a beer...or rootbeer if you prefer. Could we be looking at the beginnings of an actual Bull rally? Could it be that the Dow is getting ready to blow past 11,000?

Let's see. Oil is back to $52 or barrel, Muslims in the mideast are still pissed off at us, and my left pinky finger aches. Those aren't positive signs. We may have a small rally, but I wouldn't expect much.

Now the big question is if my analysis is any better than the Wall Street experts. Is that big shot on CNBC any better at prediciting the future than me? Does he have as many consecutive profitable trades as Mr Market. Did he hold SIRI like I did last year for a big profit, or did he bash it on CNBC.

These same guys were saying last year that SIRI was a bad investment, that SIRI was doomed to fail, the fundamentals were no good, there were better stocks, Blah blah blah...

I listened their advice and I came to a conclusion and that conclusion was that these guys were all full of $#!T. And look what happened. By golly, I made money! SIRI rocked my portfolio!

So the moral of my story is, screw the so called expert ANALysts. Form your own opinions. Form your own methods and beleive you can succeed and success will be yours.

Oh by the way, Jim Cramer says sell ELN. Should I?