Hot Pick Of The Day

[New-born baby]

Mro

I'm tellin' ya folks, MRO has a very nice chart formation and a price
target of $123--from $90 like it is today!

[New-born baby]

Short Lly

SHORT LLY from $54.33

covered at $54.17

[New-born baby]

GERI:
May I suggest an AAPL instead of RIMM?
This bullish stock may hit $95-$100.

PnF likes it to $97, and the Dow Theory calls for an unbelievable
$120 should AAPL clear this $86.38 and hold it.

I own this one.

AAPL is popping up again today. She's runnin', boys and girls. Hop on and ride with her!

[New-born baby]

Stld

STLD split two for one today. STLD will run up the next two days, and after that, makes an excellent short play.

[New-born baby]

Option Strategies

It is my opinion that many MM forumites are a little light on their options knowledge. Too bad, because options can pull your fat right out of the fire. Why eat losses when you can consistently book at least a small gain on every trade?

If you would like to remedy this lack of knowledge, Bernie Schaeffer is one of the best. And if you hit this link, he'll send you a free DVD which is very thorough.

The price is right; the product is good; so why not hit the links?

FREE DVD:http://findinvestinfo.com/scharmt/nl/149

OTHER FREE STUFF: http://findinvestinfo.com/928710/9914907345/thankyou

[New-born baby]

Vix

The VIX is at a ten year low right now. At the money PUT options cost only 5.5% (on avg), compared with a more normal 13.5%, and last May they ran as high as 22%. This is incredible investor confidence, and may signal a sell off is coming soon.

[New-born baby]

I like your style, New Born .. as also evidenced in your new? avatar

Best,
Geri

Well, I am somewhat of a gearhead (along with being a preacher).

Last night a preacher friend called me up and said, "Here's the problem I am having with my car. The trans shop wants $1500 to fix it. What should I do?" He came over and for $35.52 we had it fixed in 45 minutes. He was happy about that.

As for the avatar, I love the General. IMO (forget the humble), they make the best powertrains in the world.

[New-born baby]

MR. Newborn sir,

What's your opinion on BRKR.
Looks great to me. your opinion would be much appreciated.

GWIZ:
I think you're a good stock picker, and a great asset to MM Forums.
Thank you for the question. Always glad to take a look at what you have found.

Around here the line is: "If you want it bad, you'll get it bad. And if you want it REAL BAD, you'll get it REAL BAD." BRKR has had quite a run, but I think this weekly looks like she may roll over. Sure, BRKR is basing right now. But those candlesticks with the long shadows show that BRKR has seen quite a lot of selling into strength in recent weeks. I would really like to see a bull move past that $8 marker, and really, past the $8.50 marker, to say she's still bullish. The PnF says she's still worth $8.75, but I don't know if she's got the steam to get there, and would opine that if she does, she's moving much higher, say $10+.

I'll give you how I would play BRKR: I would pay no more than $7.75. I would put a stop under her at $7.38. I would remember that the first resistance is $8.20, and perhaps take some profit there. And I would be looking at a second target of $8.47, and pull perhaps another third off the table here. And then I'd let the last run, with the stop advanced to $7.94. Yup, that last stop is loose, but people get nervous when they get high up in the air.

I'll give you both weekly and daily charts;

Here's the weekly:


And when you look at the daily, you can really see that $8 resistance.

[spikefader]

S...the bias is still bullish, but ...RIMM needs a pullback.

I agree. Doing a 5th within a bigger 5th......I'd be waiting for the abc in days ahead.

[Gwhiz]

MR. Newborn sir,

What's your opinion on BRKR.
Looks great to me.

your opinion would be much appreciated.

[gerihearne]

new born style

GERI:
May I suggest an AAPL instead of RIMM?
This bullish stock may hit $95-$100.

PnF likes it to $97, and the Dow Theory calls for an unbelievable
$120 should AAPL clear this $86.38 and hold it.

I own this one.

I like your style, New Born .. as also evidenced in your new? avatar

Best,
Geri

[New-born baby]

Aapl

GERI:
May I suggest an AAPL instead of RIMM?
This bullish stock may hit $95-$100.

PnF likes it to $97, and the Dow Theory calls for an unbelievable
$120 should AAPL clear this $86.38 and hold it.

I own this one.

[New-born baby]

You once said it could go to $200 ... the way it's been popping, I don't know, very tempting ...
If you have time, will you look at it again?

Best,
Geri

Sure, Geri.
Here's the latest on RIMM:
Too late to enter now, IMHO. The chart has no target, no identifiable new pattern. Any entry now would be just a shot in the dark. ON THE OTHER HAND, if you have the ability to buy/sell options, you could either buy a call, or else buy the stock and sell a call option to hedge your position. The bias is still bullish, but the steam power seems to be waning to me. RIMM needs a pullback.

[gerihearne]

rimm

So nice to hear from you. Have been wondering where you have been, and hoping all is well.

Yes I am regretting it myself. Just before earnings, when the stock price was something like $75, I could have purchased that month's call for $1.40. The next day it popped to $110, and since then, it has simply been ON FIRE. $135 today.

Dum Dum me.

Clan is fine.

You once said it could go to $200 ... the way it's been popping, I don't know, very tempting ...
If you have time, will you look at it again?

Best,
Geri

[New-born baby]

Hi Newborn .. how's the clan?
It's been a while since I posted ... but had to mention I've been watching RIMM ...
I hope you are still riding it ... I never bought and am sorry I didn't ...

Best,
Geri

So nice to hear from you. Have been wondering where you have been, and hoping all is well.

Yes I am regretting it myself. Just before earnings, when the stock price was something like $75, I could have purchased that month's call for $1.40. The next day it popped to $110, and since then, it has simply been ON FIRE. $135 today.

Dum Dum me.

Clan is fine.