Hot Pick Of The Day

[ninner]

Long term HOld newborn

consider looking at ADAM again...they posted decent earnings per share number ...revs werent that impressive however, they have kept all their customers and increased their customer base...they also made an aquisition which should add to their growth.

http://biz.yahoo.com/bizj/060814/1331020.html?.v=1

[ninner]

Ard

i think this puppy goes down to 32...that is a good 11% from where it is today. In the charts i see some churning action near the top and then today a big gap up which followed with a bearish engulfing signal over a doji...very strong signal in my opinion..i will be shorting this one tomorrow. Also, the stochastics have alot of room to run yet...and i mean ALOT.


CHEERS

[New-born baby]

Adam

consider looking at ADAM again...they posted decent earnings per share number ...revs werent that impressive however, they have kept all their customers and increased their customer base...they also made an aquisition which should add to their growth.

http://biz.yahoo.com/bizj/060814/1331020.html?.v=1

Ninner,
I don't know if I have the patience for ADAM. Right now she dwells in Earthworm City, and the PnF says there is no real support down to $0.00. I just don't have that kind of patience.

But thank you for suggesting it, anyway. I love your posts!

[ninner]

adam

i usually dont either however, its in my retirement account and up here in canada..i cant take it out without penalty until im 55 so i may as well have patience with it....that is where those earthworm stocks belong LOL

[New-born baby]

i think this puppy goes down to 32...that is a good 11% from where it is today. In the charts i see some churning action near the top and then today a big gap up which followed with a bearish engulfing signal over a doji...very strong signal in my opinion..i will be shorting this one tomorrow. Also, the stochastics have alot of room to run yet...and i mean ALOT.


CHEERS

ARD looks like it is going to take a fall. Working on a double top right now, and I think the market is certainly bearish enough to pull this one down like other charts. But look at all the support that ADAM has these days . . . .
WEEKLY CHART

[New-born baby]

this is one to keep your eye on ...just crashed through the 50 on heavy volume.....i wouldnt yet...as im sure it will try and rally above the 50...if it loses steam on that attempt i would short the piggy.

PnF thinks DRQ is headed to at least $62 . . .hey, it though MFLX would stop the bleeding at $47, and that didn't pan out, either. But it sure looks shortable to me.

[ninner]

11%

nothing wrong with taking a 11% (i believe to 32 from where it is now) off the table then if support holds u buy it back and ride it back up.....if support breaks then u will have greater than 20% gain.

[New-born baby]

nothing wrong with taking a 11% (i believe to 32 from where it is now) off the table then if support holds u buy it back and ride it back up.....if support breaks then u will have greater than 20% gain.

Yes, but if you are talking ARD, there is a lot of support between now and $32. In other words, I am somewhat suspicious of that chart, and since there are so many better shorts available, I'll pass it by for an easier prey

[ninner]

bwng

interesting note...tomorrow should be a bullish 50 day crossing a 200 day moving average day...could be interesting.....its above the downtrend as well.


cheers

[New-born baby]

BTU again

Yup, old Mr. Peabody's Coal Train just keeps setting up short again and again. Here we go with another $5 ride South. And note that the 200 day is approaching the 50day "death cross" territory. One of the days, those tired bulls are going to give up and lay down.

[ninner]

friendly wager

lets see which stock drops futher over the course of this week. i say ARD hits 32 pretty quick....i am that sure....plus its #2 in the ibd rankings this week i believe which should help its cause.

Yes, but if you are talking ARD, there is a lot of support between now and $32. In other words, I am somewhat suspicious of that chart, and since there are so many better shorts available, I'll pass it by for an easier prey

[ninner]

btu

that btu looks delicious for a nice short...thanks newborn im watching that one abit closer.

cheers

Yup, old Mr. Peabody's Coal Train just keeps setting up short again and again. Here we go with another $5 ride South. And note that the 200 day is approaching the 50day "death cross" territory. One of the days, those tired bulls are going to give up and lay down.

[New-born baby]

The market's confidence

The market seems very confident that oil and energy stocks are going to return to 'normal.' Since the market trades six to nine months ahead of the reality, that means oil prices are again going to be below $60, and unleaded will return to the $2.00 level again. Do you believe it? The charts are trading like it.

[New-born baby]

that btu looks delicious for a nice short...thanks newborn im watching that one abit closer.

cheers

I shorted this one by buying puts last time, and I think I will again. I bought puts at $52.50 and covered around $45. I also sold $50 calls and DEC calls last time. It will only be good for a few days before BTU bounces. So you'll need to be quick about it. But it ought to be worth $5 to you if you buy a put or sell it short tomorrow.

Those $45 SEPT puts are already $3, and the DEC $45 calls are $5.20. Sell the calls, buy the puts.

[ninner]

i dont believe it

but i just go with the market....if these charts get better next week i will love them again....as long as i see more $$$$$$$$$$$$$$$.