Hot Pick Of The Day

[Lyehopper]

BearishSchmearish.....

I am bearish on both, Lye. Didn't notice what happened to MWA. I'll take a look. Thanks for the heads up.

NBB, you just enjoy being bearish.... You're bearish if the charts too high, you're bearish is the charts too low.....

Hey! that reminds me of another little "bearish story"..... Once upon a time there were three bearish traders....etc, etc, etc.... well, one day they found themselves trading in trading in a bullish market..... etc,etc,etc..... jejeje!..... Then the bullish trader said "MMMMMM, well-sir, I think MWA is Juuuuust Riiiiiiiiight!" so he gobbled it ALL up!.... LOL!.... Now I just hope the bears don't come home.....

[New-born baby]

Pspt

Another familiar face.

What to do about old what's her face? Chart pattern target is achieved already. Chartwise, I think it is a little late to enter this one. And the RSI says it need a new radiator, too.

[New-born baby]

Hrt

We know this stock. Has been charted here before, and GWHIZ has brought it to my attention. I follow this one daily, and today's massive pullback was tempting. Trouble is HRT had a target of $28, and she touched that and then sold off hard. Needs an ABC correction. Too hot to handle at this time.

[New-born baby]

Fmd

FMD finished second last time, if I recall correctly. Old Marble Head is alright, imho. Timing is everything. FMD pulled back to $40 after finishing second in the last data dump, and now has moved up to $55. RSI is very hot. And to think that last week she retested $47.50. Would have made the 15% already. The question is, as always, has she got another 15% in the udder? Probably, but she may pullback before she moves up.

[New-born baby]

Chap

I like CHAP, although the thing is volatile. You can expect a $2.50 move at least each week. I thin the patient entry is $45, and this bullish stock can pull off the 15%.

[New-born baby]

Azz

I am going to look at the DEC TOP FIVE in alphabetical order. AZZ is the first in line.

AZZ has been a super hot shot that is so high, well, I think she needs a good old fashioned 61.8% pullback. Gap up this week and a topping tail already showing. I wonder if she might have topped out already. Or at least she is overbought and needs to consolidate. My verdict: too late for me.

[New-born baby]

Newborn,
How about LTD ? I value your opinion . Don't be swayed by their Victoria's Secret line. Thanks

-----------billyjoe

More Paris Hilton? Oh wait, that was PARL and Lye was trading it.
Hmmm. Let's see: LTD. Reminds me of a broken Ford . . . .

Well, Billy, unlike the Ford, it should run. $28 was the best place to buy, but it still has room to grow. If you are not in it, I'd say buy above the $32 marker and target $47+. If you are in it, I'd say you should do alright.

[billyjoe]

Newborn,
How about LTD ? I value your opinion . Don't be swayed by their Victoria's Secret line. Thanks

-----------billyjoe

[New-born baby]

Fundamentals look great to me on WLT and MWA.... But I'd rather own MWA....

That pop down in WLT had an inverse effect on MWA this morning about two hours later, did you notice that? Maybe MWA will pop tomorrow to about $17....

I am bearish on both, Lye. Didn't notice what happened to MWA. I'll take a look. Thanks for the heads up.

[Lyehopper]

WLT down $2.02 already this morning. And it ain't even the ex-date yet.

Fundamentals look great to me on WLT and MWA.... But I'd rather own MWA....

That pop down in WLT had an inverse effect on MWA this morning about two hours later, did you notice that? Maybe MWA will pop tomorrow to about $17....

[New-born baby]

Newborn,
In real life I sold half of my WLT @48.73. Will see what happens with the rest.

---------billyjoe

WLT down $2.02 already this morning. And it ain't even the ex-date yet.

[New-born baby]

Newborn,
In real life I sold half of my WLT @48.73. Will see what happens with the rest.

---------billyjoe

Nice profit on that half already. Congrats, and thanks for the heads up, Billy, because I took some out for myself, thanks to you.

[billyjoe]

Newborn,
In real life I sold half of my WLT @48.73. Will see what happens with the rest.

---------billyjoe

[New-born baby]

Billyjoe

Billy,
OUT of WLT at $48.15. Also made some money on the calls. But I'm gone.

[New-born baby]

Nvda

NVDA taking a $1.75 hit today.