Hot Pick Of The Day

[DSteckler]

I was referring to TSFM. Your post was:

<< Entry: here with stops below current support. >>

But the chart shows a target of 7.50. So I assumed you were suggesting an entry here?

[New-born baby]

I was referring to TSFM. Your post was:

<< Entry: here with stops below current support. >>

But the chart shows a target of 7.50. So I assumed you were suggesting an entry here?

Yes, Dave! DOH! What a dummy I am! I was anticipating, on the daily, the formation of a head and shoulders formation with the target of $7.50. You are correct. Then I looked at the weeky and I see a two year cup--imho, more likely forming a double top. I don't buy the Twilight Zone stocks, and I am bearish on it. I should have been much more clear.

So, in summary: TSFM--
While it could be moving up, I rather expect a double top on the weekly. The daily shows the possible formation of a head and shoulders top. One could anticipate the right shoulder and look for a $7.50 target. IF, Pete, you do take an entry here, stop under yesterday's lod.

Thank you Dave for setting me straight!!

Stayed up too late last night . . . .

[spikefader]

MSFT lovers: Careful dudes. I think it's at risk of going to 16.00. A weekly close under 22.80 increases the chances of that. But good luck.

[New-born baby]

Msft

MSFT lovers: Careful dudes. I think it's at risk of going to 16.00. A weekly close under 22.80 increases the chances of that. But good luck.

Not in love with this one. That drop today is now under the 200 day, right in the bear's den. I don't care if Billy Eugene has $50 billion in cash; he has no new products to offer. AT&T and Kodak also have been sitting on piles and piles of cash, but that's old America.

BillyJoe,
Here's a weekly chart of MSFT. Yeah, old Billy Eugene has disappointed the street before, but never like today. MSFT crash through the 200 day like Maude Smith crashing through the thin ice on top of the pond. What I'd suggest is that you look for bottoms via the Slow STO on the weekly before you jump in. Monday, if you get a bounce, you might consider jumping out and entering later. JMHO, my friend.

[billyjoe]

Newborn,
If you think MSFT is so bad then you'd have to consider it as a potential short candidate. What signal or point would indicate the moment to short ? I hope you're wrong about MSFT. I'm betting this drop is an overreaction and wouldn't be surprised to see another special dividend .

billyjoe

[billyjoe]

Newborn,
Is it true that both Cramer and Gates' middle names are Eugene ? I'd like to have their money but am glad not to be Billy Eugene.

billyjoe

[Lyehopper]

Newborn,
If you think MSFT is so bad then you'd have to consider it as a potential short candidate. What signal or point would indicate the moment to short ? I hope you're wrong about MSFT. I'm betting this drop is an overreaction and wouldn't be surprised to see another special dividend .

billyjoe

There are Growth investors and income investors. My father only owns boring dividend paying stocks. I on the other hand don't.

http://www.microsoft.com/presspass/press/2006/mar06/03-27Dividend.mspx

A dividend is super for current stockholders who are in it for the long haul but it does nothing for the companies bottom line and shows up as negative growth after it's paid and the cash is removed from the balance sheet. AND.... it's not a deductable expense to the Corp. I am the only stockholder in my little company and I pay myself "director's fees" and not "dividends".... A directors fee is deductable, but you must be careful and follow a formula annually so the IRS won't view it as a dividend. A great CPA is essential.lol I noticed as I listened to ACTU's CC the other day that they pay their top guys with "directors fees" too. I like that, it's smart. The shareholders on the other hand get paid by the growth in share price.

MSFT has always been viewed as a growth company, once they start paying dividends the stock will seek a lower P/E ratio and just piddle along sideways. It seems MSFT started along that path today in advance of the "day of record"....

As a growth investor I would avoid MSFT right now.... Just my redneck opinion.lol

[Lyehopper]

Newborn,
Is it true that both Cramer and Gates' middle names are Eugene ? I'd like to have their money but am glad not to be Billy Eugene.

billyjoe

Without clues you'd never guess my middle name in a thousand years.

Clues: It's worse than Eugene.... It's in the Bible (New testament).... It's an Irish family name.... it starts with "R".... It means "Red Headed" and I'm a Jr... THANKS DADDY!!!!lol

btw.... We have no red heads in my family that I know of.

[billyjoe]

Lye,
This is like doing stock research. I've narrowed it down to the following :

Rafer, Rahab, Ram, Raphael, Reuben, Reuel,or Rufus, and according to my exhaustive fundamental and technical research, your middle name is..........................RUADAN

billyjoe

[IIC]

Without clues you'd never guess my middle name in a thousand years.

Clues: It's worse than Eugene.... It's in the Bible (New testament).... It's an Irish family name.... it starts with "R".... It means "Red Headed" and I'm a Jr... THANKS DADDY!!!!lol

btw.... We have no red heads in my family that I know of.

Well...the first names that come to mind are Ruth, Rachel and Rebecca...But my guess is Rufus...What do I win???...Doug

[skiracer]

Well...the first names that come to mind are Ruth, Rachel and Rebecca...But my guess is Rufus...What do I win???...Doug

Could it be Rasmus?

[New-born baby]

No doubt about it

Without clues you'd never guess my middle name in a thousand years.

Clues: It's worse than Eugene.... It's in the Bible (New testament).... It's an Irish family name.... it starts with "R".... It means "Red Headed" and I'm a Jr... THANKS DADDY!!!!lol

btw.... We have no red heads in my family that I know of.

Your middle name is--drumroll, please--








RUFUS!



Congratulations. (I think)

[Peter Hansen]

NB You were right!

Peter,
MXO has been basing for several weeks on lower volume--good sign--with a price target of $23.50. I like this one better of the two, and to buy here is near to support.

New Born MXO was better than the loser TFSM...took a smal position in TFSM....but I always use a trailing % stop loss.......I shall see what transpires on Monday ....Thanx! Pete !

[Lyehopper]

Lye,
This is like doing stock research. I've narrowed it down to the following :

Rafer, Rahab, Ram, Raphael, Reuben, Reuel,or Rufus, and according to my exhaustive fundamental and technical research, your middle name is..........................RUADAN

billyjoe

Ruadan.... Now that's Irish!.... lol....

Rahab? She was a whore in the old testament. You kill me BillyJoe.... If my Daddy named me Rahab I'd have attempted to beat him up the day I turned 18....jejeje

Doug got it first.... you need to roll the "R" off your tounge to make it Irish.... I gave you fellas too many clues.

[IIC]

Ruadan.... Now that's Irish!.... lol....

Rahab? She was a whore in the old testament. You kill me BillyJoe.... If my Daddy named me Rahab I'd have attempted to beat him up the day I turned 18....jejeje

Doug got it first.... you need to roll the "R" off your tounge to make it Irish.... I gave you fellas too many clues.

Heck...I'm 1/4 Irish...On my Grandfather's side by my Mom...Name: McGinley

Oh great...Now everyone knows the secret question if I forget my password...LOL...Don't worry...I'm not that stupid