Hot Pick Of The Day

[Runner]

Here a few movers today not looking bad despite the market conditions:

WMAR IVIL VECO SBUX BSTE AEL

[New-born baby]

Sbux

NB, ya think SBUX is good to about 54.

Runner,
A guy just left my church and moved 500 miles away to become a manager for SBUX. IF they hire two guys like him--I am shorting the stock. No need to check the chart. That's all I need to know.

A picture is worth a thousand words . . . .

[Runner]

NB, your a nut.... hahaha

[New-born baby]

Sbux

NB, your a nut.... hahaha

Runner,
Well, I looked at the chart. Had a nice up day today. The trouble with bear markets is that up moves are not long sustained. They fail quickly . . . .
I suppose you know that the price target on SBUX is $39. That's quite a dip from $52.50.

SBUX should see some profit taking tomorrow (IMHO). I see she has resistance not too far away . . . you watch: she'll knock her head against resistance and make a nice short. Really.

I am sure that if you jumped in, you'd have stops close by in case things turned sour . . . .

I personally am not going to buy anything on Friday. Nasty week with the markets. I am going to do some research over the weekend and see what comes up. Too risky for me to buy now and research later.

[Peter Hansen]

Easy way to short NASDAQ DOUBLE!

If you have strong convictions that the NASDAQ 100 will fall, simply puchase Pro Funds Ultra Short OTC (USPIX) and if the Nasdaq drops 10% you will have made 20%......however one must remember that the sword cuts both ways! For the more feint of heart you can also purchase the Profunds Short OTC (SOPIX) which will only short the NASDAQ on an equal percentage basis....i.e. if the market drops 10% you will make 10%! If you have an account with the Pro Funds company you can buy and sell every day with NO commissions!

[Peter Hansen]

Starbucks (SBUX)

I agree with New Born the 50 EMA crossed over the 100 EMA for SBUX back around August 25th of this year....not a good sign.....however there does appear to be an uptrend in progress..... this is what PRAYER is for......but I think you had better call in the pope on this one.......LOL!

[billyjoe]

New-born,
I don't want to start any rumors , but being a person that can't stand coffee and thought that SBUX was the worst idea ever for a business , some people believe that SBUX puts something in their coffee that insures repeat customers, not that I would believe such accusations.

billyjoe

[Runner]

NB, thank you for the nice chart of SBUX. It hit my radar a few days ago and I do not own it. Not many stocks in the group. I was thinking that 54.00 is possible.

[Runner]

NB, here is a weekly update on Netflix. I’ve highlighted potential entry points for a possible pull back buy. One thing I look for in a pull back is a nice orderly pattern. If this charts pull back was not tight. I’d not have entered. This simple chart is a very good example of a stock showing power. 3 longer term entry points and all that had you profitable shortly after entry.

Here is the awesome part had anyone went long off point 1 you would be up about 165% since entry. That is one nice little profit. Not sure if they qualify as flags or peanuts, but the name of this pattern is not important. The set up is very easy to identify and often gets one in ahead of the masses. Many investors will wait until stock clears last high before pulling the trigger. One other thing about this pullback buy is your risk is small as you can place a tight stop if you wish.

[dmk112]

Runner, is that TC net charting program you're using? If so, what's the cost?

[Runner]

Runner, is that TC net charting program you're using? If so, what's the cost?

DMK, yes I’m using TC2005, it runs about 300.00 per year. Tcnet runs about 1,000. Per year. I really love the flexibility of the software. You can custom any indicator and the scans are simply awesome. I also like to look at how well the sectors are performing in relation to the S&P. With this software I can view all 239 groups buy simply pushing my spacebar. The charts are already loaded into my PC so there is no load time. I’m very satisfied with the service and still thinking about going with the Tcnet service. With TC net you get live data feed and access to the TC net chat rooms.

You can visit the TC site at this link:http://www.worden.com/XMLPAGE.aspx

[spikefader]

still got 'em? (BMHC calls)

NBB, congratulations bro. I note your Dec 90 calls you sold for 11.80 are now 2.80x3.20! If you buy the bid that's a very nice $900 profit in 2 weeks per contract. In relection, you sold them 2 days before the double top was put in, when price was about 93. While I think you sold those calls 3 or 4 days too early, your call has done very well, so good work!

Only thing I'd say on the down side is you should have waited for the double top to be PROVEN and put on the chart the way it did before selling them. You got 'lucky' that it didn't pop and run against you. But hey, I'd rather be lucky than right hehe

[New-born baby]

Thank You, Runner

NB, thank you for the nice chart of SBUX. It hit my radar a few days ago and I do not own it. Not many stocks in the group. I was thinking that 54.00 is possible.

Runner,
I like your charts, and the way you study entry/exit points. You are very careful, and that is very good. Thanks for your posts, and keep 'em coming.

[New-born baby]

$100 calls

NBB, congratulations bro. I note your Dec 90 calls you sold for 11.80 are now 2.80x3.20! If you buy the bid that's a very nice $900 profit in 2 weeks per contract. In relection, you sold them 2 days before the double top was put in, when price was about 93. While I think you sold those calls 3 or 4 days too early, your call has done very well, so good work!

Only thing I'd say on the down side is you should have waited for the double top to be PROVEN and put on the chart the way it did before selling them. You got 'lucky' that it didn't pop and run against you. But hey, I'd rather be lucky than right hehe

Spike,
Thanks for your comments. As always, they are appreciated and give me cause to reflect upon past decisions/trades that hopefully will make me a better trader. You can rest assured that I am going to consider that the next time.

[New-born baby]

Runner's Latte

NB, thank you for the nice chart of SBUX. It hit my radar a few days ago and I do not own it. Not many stocks in the group. I was thinking that 54.00 is possible.

Runner,
While you are sucking down a SBUX Latte, you might consider that SBUX is going to split 2:1 next Monday, 10-24-05. That should give SBUX a boost for a few days this week.