Hot Pick Of The Day

[ninner]

thanks alice

i will be watching it for any bounce to short the pig again....same with ASEI.....very bearish and ugly chart as well.

[ninner]

skimming through some stocks

hey NB what do u make of UHAL's chart...that is one big DOJI or could be a ricksaw man. whats your analysis...id better walk my dog....this market is totally sick and fading fast.

[Rob]

I don't want you to think I am lying about it.

Never thought that for one second. I only thought it was curious since IB is the one you use. I guess what it means is only that there are no restrictions on shorting that stock as long as there are shares available. Well, that's a drag, because once again I have no easy way of checking whether certain stocks are in fact shortable for the POTW.

[New-born baby]

Never thought that for one second. I only thought it was curious since IB is the one you use. I guess what it means is only that there are no restrictions on shorting that stock as long as there are shares available. Well, that's a drag, because once again I have no easy way of checking whether certain stocks are in fact shortable for the POTW.

I don't get it myself. I didn't buy a put on this one even though I think MFLX is sick. I wanted to short it for a one day trade only. I am going to be gone Friday thru Tuesday and wanted nothing left on the screen.

[New-born baby]

Uhal

Look at this candle! UHAL dived down from $90 to $68.38 before recovering. That support held--this time. Now we'll see what happens in the next few days. Weekly says that when UHAL busts the $80 neckline, then $55 is coming back in style quickly. Conservative traders will wait for the break; gamblers will short the dog down right now. Unfortunately there is no option help on this one. Cheap company; cheap stock; and their equipment is junky.



Here's the weekly:

[alice4321us]

Jobs

Is JOBS a safe short at this point?

[New-born baby]

Is JOBS a safe short at this point?

Well, she's got a $5 target I think so. That is one tremendous bearflag that has formed the last couple of days. Ugly chart. Best to you if you take it.

[billyjoe]

BillyJoe,
We are very happy for you! CONGRATS!

New-born,
I really appreciate your work and wasn't trying to give you a hard time or anything. Sometimes I get stubborn about my stocks and probably wouldn't have sold FTD unless you said it was a real dog and headed for disaster. GISX is still holding up well . Sometimes the universe of stocks mentioned on this forum is rather small and several people are benefiting from each comment or chart you post so it's all good. Thanks again.

------------billyjoe

[New-born baby]

New-born,
I really appreciate your work and wasn't trying to give you a hard time or anything. Sometimes I get stubborn about my stocks and probably wouldn't have sold FTD unless you said it was a real dog and headed for disaster. GISX is still holding up well . Sometimes the universe of stocks mentioned on this forum is rather small and several people are benefiting from each comment or chart you post so it's all good. Thanks again.

------------billyjoe

BillyJoe,
I had forgotten all about FTD until your post today. I see it gapped up, and I am happy that you ripped a nice profit out of it. I really don't root against those folk who disagree with me about a stock; I am commanded to love my neighbor as myself, although I do a poor job of it often enough.

I don't really scan for stocks like I should. Frankly, I am addicted to oil. I own SU and TSO, and for a change of pace, NEM. But if I were a better speculator, I'd scan other sectors for setups. So I really appreciate whatever the folk on MM forum throw up on the board because it makes me look outside my world at other stocks.

I really enjoy your work, BillyJoe, and thank you for posting on FTD and GISX, as well as others you have thrown up on the board. Best to you always! And I'd feel better if you put a stop under GISX at $41.00. The option chain is weak.

[New-born baby]

Frk

FRK has run into a brick wall. Look at the down slide on this chart. Today FRK broke a triple bottom support, falling $2.07 and finishing near the LOD, and looks to slide to the $35 support. That support is critical. I think FRK will bust support and slide down to $25, but I also expect FRK to bounce once at $35 before it breaks the neck. In any case, it bears watching. Thursday may be the day it breaks the neck.

[New-born baby]

Hot Pick For Thursday

UPS is burnt toast, to steal Spike's phrase. Mildred, she a no looka gooda righta nowa. UPS breaks the neck and we are talking $20 worth of fall ahead. Multiple shouldered h/s formation with perfect neckline. I am going to take this one short. I regret not seeing it a couple of days ago. UGLY, Mildred. REALLY UGLY. But if we make $20 per off of her, well then, brown would be beautiful. Spike, where are ya, man?!

[New-born baby]

Asei

ASEI needs to call a doctor, because she is bleeding and wounded. However, I think she bleeds more, and takes a lot more beatings. You know the routine: she breaks the neck; she bleeds the cash. Short her down.

[New-born baby]

Hot Pick For Thursday

CNQ: buy this one looking for $61.75 1st target and $68 2nd target. Beautiful option chain.

[New-born baby]

Hot Short for Thursday

Short ODP. Looking for $30.

[ninner]

asei

ASEI needs to call a doctor, because she is bleeding and wounded. However, I think she bleeds more, and takes a lot more beatings. You know the routine: she breaks the neck; she bleeds the cash. Short her down.

i was also looking at ASEI today for a short....huge volume today ...its getting ready to be fried i think.