Hot Pick Of The Day

[Runner]

NB, very nice work your doing on this thread... I like pictures of charts and you sure post them.... Keep up the great work!!

[New-born baby]

NB, very nice work your doing on this thread... I like pictures of charts and you sure post them.... Keep up the great work!!

Thanks, Runner. Now please give your comments on WIRE, NEM and BTU, or any other stocks you are watching. I love your work, Man! And it doesn't bother me if someone disagrees with me. Counter points that have a reason (excepting "I need this trade to work out for me") are most appreciated.

[Runner]

Thanks, Runner. Now please give your comments on WIRE, NEM and BTU, or any other stocks you are watching. I love your work, Man! And it doesn't bother me if someone disagrees with me. Counter points that have a reason (excepting "I need this trade to work out for me") are most appreciated.

WIRE- has some R to work through and I’d personally leave it alone..
NEM- I don’t like it. I got on the wrong side of GOLD stocks last week. I’d leave this one alone as well.
BTU- If S-Line is taken this is a possible good short. Of the 3 I think BTU looks the best for a nice short play off break of that S-line

[Runner]

BTU is currently uptrending to retest the broken support (now resistance). I'd suggest you sell the $47.50 resistance.

I see the chart NB and agree with it!!

[New-born baby]

:d

WIRE- has some R to work through and I’d personally leave it alone..
NEM- I don’t like it. I got on the wrong side of GOLD stocks last week. I’d leave this one alone as well.
BTU- If S-Line is taken this is a possible good short. Of the 3 I think BTU looks the best for a nice short play off break of that S-line

Thank you, Runner! I like your posts, comments and insight!

[alice4321us]

Wire

Wire rising on increasing volume... Earnings out

[New-born baby]

Wire rising on increasing volume... Earnings out

Looks like you were 100% correct! Congrats to you! I hope you make a mint off of this one

[alice4321us]

Thanks

Looks like you were 100% correct! Congrats to you! I hope you make a mint off of this one

Thanks NB. I just sold into the rally. Although not at its high of 38 and change but did make a profit and that's what matters in this market..
Thanks for your inputs time to time. They really help.

[New-born baby]

Thanks NB. I just sold into the rally. Although not at its high of 38 and change but did make a profit and that's what matters in this market..
Thanks for your inputs time to time. They really help.

Alice,
Always glad for your posts here. I just wish I was always right so that I wouldn't give out bad advice

[New-born baby]

Yhoo




YHOO, according to Dr. J and Tom Hough, could very well be half of its current price in the next six months or so. Not that I care, but I wanted to use Spike's smiley!

[spikefader]

Alice,
Always glad for your posts here. I just wish I was always right so that I wouldn't give out bad advice

It wouldn't be a market if we were always right . Just because the TA failed to 'be right' doesn't mean it's bad advice It just means the market ignored it and did what it wanted to do. Zis is vy ve need stops!

(that is a cool smiley ain't it! lol)

[New-born baby]

Peix

PEIX has fallen on hard times. One reason, I guess, is that they won't even produce the first gallon of ethanol until 2008, and thus, there is no possibility of a profit until then. Ernie's mantra of "earnings, earnings, earnings" may apply here.

Oh well. You could profit off of PEIX before then. The chart says that PEIX will either go to $7, or return to being a penny stock. Yesterday's bounce up offers you an excellent chance to short this dog down into the dirt. The options makers expect PEIX to return to dust, too, in that a $20 DEC call is only $2.60, but the $20 DEC PUT is $4.20.

Another nice thing about this short is that $20 ought to resistance hard. Look at that lengthy price by volume bar across there. Lots of bagholders will want a chance to jump ship just so happy to have their money back.

Spike! Where's that smiley? Oh yeah; here it is:

[New-born baby]

BTU is currently uptrending to retest the broken support (now resistance). I'd suggest you sell the $47.50 resistance.

BTU is down $1.60 this morning as resistance is putting down the price.

EDIT: now down $2.15

EDIT: 10:09 EST: now down $3.00

[New-born baby]

I don't care; I still say . . .

I don't care; I still say NEM is going down on Thursday with their earnings announcement. I bought puts on it. Yesterday up on lower than average volume; today giving it all back on bigger volume. It is going South, imho.

BTU: very bearish action. Bearflag working nicely, if you are short the stock or calls or bought puts.

WIRE: will assess this demon after today, but my gut (with all 11 herbs and spices) say that WIRE is "Southbound."

[RL]

NB you said that you felt the railroads would be going down, looks like you were right on all the transportation looks In trouble. Then you said we would slip Into a recession It that still your take?