Hot Pick Of The Day

[billyjoe]

New-born,
These are Canadian Equity Analysts' best energy trusts picks for 2006 (Raymond James Analysts)

TDG.UN and VET.UN How do you rank them, New-born ? Thanks


billyjoe

[New-born baby]

BillyJoe

New-born,
These are Canadian Equity Analysts' best energy trusts picks for 2006 (Raymond James Analysts)

TDG.UN and VET.UN How do you rank them, New-born ? Thanks


billyjoe

Billy,
I rate TDG.UN #1 and VET.UN #2. Raymond James is very good in their work on the Energy Trusts. I don't know if you have been watching it or not, but the exchange rate has soared again. It is over .8736 USD for 1.00 CD. Too high. Could go higher, I don't know. But when you compare that to .73 last year, and understand that it is near all time highs, it makes me want to wait a little before I move money across the border. I have been investing on the USA side thus far this year.

Billy, still own your FDG shares? Well yesterday the company comes out, after lowering their guidance for 2006 and 2007 last month, and upgraded the guidance for 2006 and 2007! That's why she's been on fire last couple of days.

I still think the market pullsback fairly soon.
Now, here's what I did; you can laugh if you will. But FDG is selling JAN 2007$40 calls for $2.75. That means that you'd get $42.75 for your shares. Add in the $5 divy ($1.36 X 4=$5.44), and the percentage works out to about 29%. If the stock drops, you have an extra $2.65 with which to console yourself.
If it is called away, you can re-enter and sell a higher priced call.

PCU is hotter than a firecracker. I was wrong to get out at $59.65, don't you think?

[New-born baby]

Wrong way

NB, excellent job there ya smok’in thus far. I only have 1 position open in AMD and cut it in ½ today. I’m back in wait and see mode here. I’d like for the S&P to pop old highs. I must say yesterday caught me by surprise.

Yes, I too expected a pullback. I was mostly in cash, having only a few shares of FDG and NFI before Tuesday. I bought PBR and CHK Tuesday. Still I am over half in cash at this point.

I hope you make a huge pile this year!

[Runner]

NB, last year was a good year compared to the S&P. I met my trading goals and I can’t ask for anything more than that. I’ve re-tooled my game plan and will try to avoid over trading in poor market conditions. This was one of my down falls. I would day trade in the choppy waters and a few sharks caught my butt doing it.
I hope you have re-tooled and reflected on your past trades and have learned more by doing it then reading some high speed book. I’m also only going to run 2 models this year and this will help with position sizing and risk management.

[billyjoe]

New-born,
I've still got my FDG. You gotta love coal these days.
With the big dividend on the way and cost averaging, I'm in good shape. The so-called coal truck tire shortage still has me suspicious. Wish I still had some PCU, but there's lots of fish in the sea. This is going to be an interesting year.

billyjoe

[New-born baby]

Runner

NB, last year was a good year compared to the S&P. I met my trading goals and I can’t ask for anything more than that. I’ve re-tooled my game plan and will try to avoid over trading in poor market conditions. This was one of my down falls. I would day trade in the choppy waters and a few sharks caught my butt doing it.
I hope you have re-tooled and reflected on your past trades and have learned more by doing it then reading some high speed book. I’m also only going to run 2 models this year and this will help with position sizing and risk management.

Runner,
Last year, I had a high percentage of winning trades (over 85%), but I did get stung on two major trades: KBH was one of them--remember? My failure that was: 1. I was out of the office the day she took a tumble, and had no pre-arranged stop set. 2. I had not protected myself with any puts/calls.
Take away those two trades and I would have had a great year.

At this point in my trading life I am looking for 5-6% per month on short term trades (short term meaning five weeks or less). I look for setups in which the stock appears to be on an upswing, and usually I can sell a covered call that will offer to me insurance. Furthermore, I like to be pushing the stock near the ex-date for the dividend. The dividend usually produces a run-up, and so I have an extra measure of insurance here, too.

If one can capture 5% per month, (60% per year with some measure of reduced risk), I think that is pretty good.

I am also going to be taking some pure option plays. Investing just a few hundred in calls or puts. These can be highly profitable if the timing is correct.

Have a great 2006! I look forward to you posting some setups, trigger points, etc. You are an excellent thinker, and often your counter points (re disagreement) with my takes are very worthy of consideration.

[New-born baby]

BillyJoe's Coal Futures

New-born,
I've still got my FDG. You gotta love coal these days.
With the big dividend on the way and cost averaging, I'm in good shape. The so-called coal truck tire shortage still has me suspicious. Wish I still had some PCU, but there's lots of fish in the sea. This is going to be an interesting year.

billyjoe

Billy:
Read this:
POINT ROBERTS, WA--(MARKET WIRE)--Jan 4, 2006 -- www.China-AsiaStocks.com (CAS),
an investor and industry news portal for the China-Asia sector, provides an
exclusive overview entitled "New Growth Opportunities for Coal Industry
Worldwide." The demand for coal is rising due to high oil prices and increasing
applications in steel, with China as the major driving force. Industry
participants BHP Billiton, Puda Coal, a Chinese coking coal producer, Massey
Energy, and Fording Canadian Coal Solar, provide viewpoints on the critical
influences within the current coal industry.

BHP Billiton (NYSE:BHP - News) Vice President Investor Relations and
Communications Mark Lidiard states, "Metallurgical coal is used in steel-making
industries, and incremental demand for metallurgical coal is primarily being
driven by the growth in the Chinese steel market..." According to Zhao Ming,
Chairman and CEO of PUDA Coal (OTC BB: PUDC), "Mass construction of
infrastructures in China, including but not limited to real estate development,
extended urbanization process, west region development, and 2008 Olympic Games,
are driving the demand for steel, therefore increasing the demand for coking
coal."

Both Katharine W. Kenny, Vice President Investor Relations at Massey Energy
(NYSE:MEE - News), and Susan Soprovich, Director of Investor Relations in
Fording Canadian Coal Trust (NYSE:FDG - News), agree that limited supply is
another driving force for the growth of the industry. Kenny stated, "The supply
of the coal around the world, as well in the US and elsewhere, has been unable
to keep up with the demand. So while demand has been increasing significantly,
the price of coal has also increased due to supply constraints."

To Read the Full Report Click Here:

http://www.China-AsiaStocks.com/Articles/China_Coal.asp

Overview Excerpt: New Growth Opportunities for Coal Industry Worldwide

By Fei Wang www.China-AsiaStocks.com

January 2006

The world economy is showing signs of accelerating growth, triggering the
increasing demand for coal that has been instrumental in boosting investment in
the coal industry. The coal industry worldwide is presented with new development
opportunities.

Katharine W. Kenny, Vice President, Investor Relations at Massey Energy,
explains, "The demand side is obviously driven by strong economic growth around
the world, from the US and also from China. China is having a major impact on
demand around the world. But right behind China is India and the US. So there
has been some significant economic recovery throughout the world that is driving
demand for both steam and metallurgical coal..."

http://biz.yahoo.com/iw/060104/0105162.html

[Runner]

NB, what is your TGT on WMT short??

[Runner]

Looking at possible S/H/S here 3 min chart

[New-born baby]

Wmt

NB, what is your TGT on WMT short??

WMT short target was $44.

[Runner]

WMT short target was $44.

10-4 I thought I saw a caution signal!!

[Peter Hansen]

New Born (RBSY) Interesting Chart!

New Born usuallyI throw those OTBB stocks I receive almost daily in the mail promptly in to the garbage.....I did chart (RBSY) and the chart looks good............what say YOU ?

[New-born baby]

Penny Stocks

New Born usuallyI throw those OTBB stocks I receive almost daily in the mail promptly in to the garbage.....I did chart (RBSY) and the chart looks good............what say YOU ?

Pete
I am no fan of the penny stocks. The rule with penny stocks is that if you get a 10% profit, you'd best take it and run. Here's a chart of Rotoblock. The stock was good looking, over $2, and now, .20. Your $200 investment has turned into a $20 bill--minus commisions.

My advice:
1. ask Jiesen for the FA on your pick.
2. Stay away from it.

Sorry that the news isn't better.

http://img375.imageshack.us/img375/3950/chart12rw.gif

[jiesen]

Pete
I am no fan of the penny stocks. The rule with penny stocks is that if you get a 10% profit, you'd best take it and run. Here's a chart of Rotoblock. The stock was good looking, over $2, and now, .20. Your $200 investment has turned into a $20 bill--minus commisions.

My advice:
1. ask Jiesen for the FA on your pick.
2. Stay away from it.

Sorry that the news isn't better.
http://img375.imageshack.us/img375/3950/chart12rw.gif

Yeah, I would have to concur with #2 there. I guess it would have been great to have picked this up at 0.2, 0.4, or 0.8, and who knows, it just might run all the way to $2. But there's no way this company with $25,000 on its books can justify a $57,000,000+ market cap, which is what you get when you multiply the OS by a stock price >$1.

https://www.otcstockinfo.com/repository/655620/655620_FR9.pdf

From what I read so far at pinksheets, this flurry of PR is all just a pump so they can sell a few million shares for the rollout of a better mousetrap (checkout machine). See for yourself at:

http://www.pinksheets.com/quote/quote.jsp?symbol=RBSY

Sure, if they really have some novel product that sells, they could make money, but there's no evidence to show that it'll ever happen, and I sure wouldn't say it's worth $50M for that "potential". Now the chart does look intriguing (not that I really know squat about TA) but so did ROTB and every other P&D on its initial rise. If you buy it, just make sure you're out by the EOD, and set a tight stop. You sure don't want to own it when the TA that's sucking people into this right now breaks down. The only thing moving this up right now is its own momentum, imo, and possibly a well-orchestrated pump by some boiler room guys in Vegas. caveat emptor.

[Runner]

[QUOTE=New-born baby]
Last year, I had a high percentage of winning trades (over 85%)
At this point in my trading life I am looking for 5-6% per month on short term trades (short term meaning five weeks or less). I look for setups in which the stock appears to be on an upswing, and usually I can sell a covered call that will offer to me insurance. Furthermore, I like to be pushing the stock near the ex-date for the dividend. The dividend usually produces a run-up, and so I have an extra measure of insurance here, too.

If one can capture 5% per month, (60% per year with some measure of reduced risk), I think that is pretty good.

QUOTE]
NB, you can do that taking the market in the direction of the trend. Now we all know you’ll have some drawl downs. But heck an 85% hit rate is wonderful. Do you know your expectancy based off each dollar invested? If you’re over .60 your smoking and I need to learn your system. Really NB 85% is saying you know what your doing in this game!!