Hot Pick Of The Day

[New-born baby]

BEARnard

BEARnard speaks Tuesday, and I would kindly suggest that you have a hedge on everything you have--long or short. Institutional-wise, Large cap buying (i.e. those who have options for protection) led small caps by a 6:1 margin these past two weeks. Those guys are being careful. Monday will be your last chance to cover yourself or get out. I would suggest you use it. IF you own a Canroy, well, that large dividend is a sufficient hedge.

[DSteckler]

NB, do you have a list or link to the Canroy's trading on US exchanges?

[New-born baby]

NB, do you have a list or link to the Canroy's trading on US exchanges?

Here's a link to all the Cans (57 in all) on TSX:http://www.investcom.com/cgi-bin/nam...=&CAT=&SCT=yes

On the US side, I don't have a link for them. But I follow HTE, CNE, PVX, and I really like HTE best of all. I also trade SU, but it is not a Can, and I use options to hedge against BEARnard.

[DSteckler]

Thanks. From a charting perspective, PVX looks best.

[Lyehopper]

I really liike all the features that I use with my current online discount broker... except the price, of course

You use Ameritrade right Peanuts?.... Just call them and say you want them to meet Scottrade's price per trade or you'll leave.... and they'll do it.... And if you're smart you can also get about 50 free trades thrown in with the deal.... EDIT: At least I know they'll do that with APEX clients.

[Runner]

NB, I know you’re a point and figure guy. Have you ever thought of trading off the PF charts? Often the trend will be more defined off PF charts. Here is an example of a low volume stock SLP. Notice the topping action of the X followed by a nice trend. Then notice the X pop for the buy signal.

[New-born baby]

NB, I know you’re a point and figure guy. Have you ever thought of trading off the PF charts? Often the trend will be more defined off PF charts. Here is an example of a low volume stock SLP. Notice the topping action of the X followed by a nice trend. Then notice the X pop for the buy signal.

I don't trade off the PnF chart because the signals are too slow. Often you can see the trouble coming prior to the PnF signalling a bear fall coming, and vice versa. I do use the PnF chart to identify support/resistance, price targets, and identify the warning signals of reversals.

One great thing about the pnf chart is that 'it is what it is until it ain't." No emotion; just what the chart says.

[spikefader]

Hey New-born,

Check out this chart will ya! Talk about the trend being thy friend! This is one sick stock.

[New-born baby]

Hey New-born,

Check out this chart will ya! Talk about the trend being thy friend! This is one sick stock.

Yes indeed. This one is very sick. What's the plan, Stan? No options. And looks for all the world to be headed to $0.00.

[New-born baby]

Pretty, but pretty is as pretty does

Here's a pretty chart for ya. Splits 2:1 on 9/5/06, and has a target of $85 if she can bust $75. Bearish market makes me hesitate taking a long here. And yes, BEARnard is raising the rate on Tuesday 25 BP, imho.

[New-born baby]

Looking for 25%

If you are looking for a 25% ride, here's one to look at:

[New-born baby]

Gold Lovers Will Love This

Okay, you gold bugs out there. I know you are salivatating over another possible runup in gold stocks. Here's one they may breakout soon.

Hey, Rob: how about these colors?

[New-born baby]

BTU: down she goes

BTU: looking for a nice short, esp. if she dumps below $47.50. Frankly I see no way she can remain this high. Another dog to short would be ACI. Losing money! Ugly chart and the weaker sister.

[ninner]

oplk and Bwng

im liking these 2 next week at least.


cheers

[spikefader]

Yes indeed. This one is very sick. What's the plan, Stan? No options. And looks for all the world to be headed to $0.00.

Yep, looks like it's headed there fast. The plan, Stan, is to wait for the next decent sized abc corrective or channel short day and attempt a couple of 2% risk entries I reckon...