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  • New-born baby
    Senior Member
    • Apr 2004
    • 6095

    Let's talk: SU

    SU. Yeah, I've been pumping it since it was $73. But look at this chart. When that $90 resistance is busted, you are going to see $98 pretty rapidly. And did you note Runner's post about oil prices? He didn't say it, but I will: the chart says $82. And I'll say this too: oil traders can read a chart. They know what it says. Look for a strong upmove soon. MM, buy the options, right?

    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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    • New-born baby
      Senior Member
      • Apr 2004
      • 6095

      Let's talk:SUF

      I can't find it now, but somewhere in this forum I recommended a buy of SUF at $8.20 or so, and a sale of the $10 MAY calls for $1. Well, your ship just came in today. But if you missed that boat, here's another one:
      BUY SUF at these levels and be looking for $12.50 in the next 4-6 weeks, as MM says And the PnF says $23.50, and if it gets up to $20 and busts that top, then we are talking mega dollars! And I tell you, this option chain is rich. Lots of safety here . . . .
      Last edited by New-born baby; 05-11-2006, 09:34 PM.
      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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      • NB, remember Crude has to get past here. Caution is needed if it should stall prior to #2

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        • noshadyldy
          Senior Member
          • Sep 2003
          • 539

          Originally posted by New-born baby
          NO--shadylady:
          I bet you played in the mud as a child . . . .
          I'd say BDGR is headed to $2.30; at least, that's what the chart says
          Thanks NB. Sorry for the delay, I lost ya. Had to do a search by all posts by NSL to find out if anyone responded and where the heck I posted.

          (Yes, I loved playing in the mud, the dirt, the hay, leaves, grass clippings and LOVED the smell of a barn, actually anything that smelled like an animal. Mom never did understand that....as for dad, he was right beside me.)
          "Whatever you can do or dream you can , begin it. Boldness has genius,power and magic in it." Goethe

          Comment

          • Lyehopper
            Senior Member
            • Jan 2004
            • 3678

            Originally posted by noshadyldy
            ....and LOVED the smell of a barn, actually anything that smelled like an animal.
            You'd REALLY love me then....LOL!
            BEEF!... it's whats for dinner!

            Comment

            • Lyehopper
              Senior Member
              • Jan 2004
              • 3678

              Hits/Posts Ratio here is HUUUUGE!!!!

              Hey NBB!.... Your H/P ratio is HUUUGE here dude! Maybe I need to read your thread more often....

              Wait a minute!.... Your thread is way overvalued dude!.... with a whopping H/P of 37.23!!!!

              My thread is much cheaper.... It's H/P is only 15.43!.... Readers get much more value from viewing my thread....

              YOU ARE HUUUUGE!!!! NBB
              BEEF!... it's whats for dinner!

              Comment


              • NB, looks like SU broke out of a symmetrical triangle. Caution needed here!!

                Comment

                • New-born baby
                  Senior Member
                  • Apr 2004
                  • 6095

                  Su

                  Originally posted by Runner
                  NB, looks like SU broke out of a symmetrical triangle. Caution needed here!!
                  Yes. It now has a target of $78 with today's bust of the chart.
                  pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                  Comment

                  • New-born baby
                    Senior Member
                    • Apr 2004
                    • 6095

                    This thread is Overrated (so are my taxes)

                    Originally posted by Lyehopper
                    Wait a minute!.... Your thread is way overvalued. Readers get much more value from viewing my thread....
                    Of that, I have no doubts whatsoever. YOU ARE HUGE!
                    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                    Comment

                    • Peter Hansen
                      Banned
                      • Jul 2005
                      • 3968

                      Nb Iip Or Stxn?

                      New Born Both STXN AND IIP Don't look too bad.....which to you looks better? I prefer IIP chart.....but who knows for sure ?

                      Comment


                      • NB,, I see Light Sweet Crude is now sitting near longer term support. This also is pretty close to the 38.2% fib. Nasty gap down but the question is where do you see it long at? Do you view this current weakness as a possible buying op or should one stand by and await further developments or letting the chart firm up?

                        Comment

                        • New-born baby
                          Senior Member
                          • Apr 2004
                          • 6095

                          Runner

                          Originally posted by Runner
                          NB,, I see Light Sweet Crude is now sitting near longer term support. This also is pretty close to the 38.2% fib. Nasty gap down but the question is where do you see it long at? Do you view this current weakness as a possible buying op or should one stand by and await further developments or letting the chart firm up?
                          Wait. I am not sure support will hold right here.
                          pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                          Comment

                          • Peter Hansen
                            Banned
                            • Jul 2005
                            • 3968

                            NB SMDI Fundamentals OK .....Chart looks good?

                            New Born ......SMDI .....looks interesting.........any comments on the chart.....I do value your comments ......thnx Pete !

                            Comment

                            • New-born baby
                              Senior Member
                              • Apr 2004
                              • 6095

                              Originally posted by Peter Hansen
                              New Born ......SMDI .....looks interesting.........any comments on the chart.....I do value your comments ......thnx Pete !
                              Peter,
                              The chart is nice . . . the market is bearish. How about a short of VLO instead at $60.55, with a target of $52?
                              pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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                              • billyjoe
                                Senior Member
                                • Nov 2003
                                • 9014

                                New-born,
                                I've got 3 big winners : oil/gas EGY , banking APAB , hurricane repair HOM. Maybe I should take some profits ? Maybe they're all good in this economy? Go to all cash and see what develops ? Thanks, NB.

                                billyjoe

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