Hot Pick Of The Day

[Peter Hansen]

NB and Peanuts Thanx!

NB and Peanuts ......your input is super.....that is what this site is all about ....helping each other .....and inturn helping ourselves . NB I like that ADZA and took a small position ......let us see if on Friday they get their FDA approval.....PEANUTS .....thnx for the huriicane and good weather angle......I will watch the stock and see whet happens

[alice4321us]

Goog Earnings

What is the goog play for tonight. Can anyone suggest an options play to secure the investment.

Thanks

[Tatnic]

What is the goog play for tonight. Can anyone suggest an options play to secure the investment.

Thanks

well, aapl should give you a clue. But the wild card is what happened to yhoo. Can the same thing happen to goog? Naaah.

Goog will not dissapoint is my guess but they have before so anything is possible. But I think the best play is to just sit on your hands.

[Tatnic]

well, aapl should give you a clue. But the wild card is what happened to yhoo. Can the same thing happen to goog? Naaah.

Goog will not dissapoint is my guess but they have before so anything is possible. But I think the best play is to just sit on your hands.

if you have some money to burn and like to gamble, you could do a straddle. Of course as Rob has experienced, that's also a good way to lose more money.

[Tatnic]

THQI Short

This should be a good spot as any. Some divergence on the weekly chart and lets face it, their numbers have been on the decline for a while now. Worth a small position initially.

[peanuts]

This should be a good spot as any. Some divergence on the weekly chart and lets face it, their numbers have been on the decline for a while now. Worth a small position initially.

THQI sure likes to flirt with the 13 day MA. I like it short after it closes significantly below the 13 DMA

[Gwhiz]

NBorn,
is it safe to say that there is a bottom in URZ at this point?

[Tatnic]

THQI sure likes to flirt with the 13 day MA. I like it short after it closes significantly below the 13 DMA

My more indepth thinking on this is that several things have to happen.

1. The stock will open lower on monday after closing right at $30 on Friday (options expiration and all that).

2. The general market will also open lower next week.

3. I will not marry this position and will most likely close a good portion of it next week.

4. I'll close all of the position if the stock opens strong next week...I am expecting it and the market to have a down week next week, not the start of a correction necessarily but just a weak week.

[spikefader]

Spike,
You're recommending a long on GOOG even if they report bad earnings? I don't understand unless you are incredibly bullish on GOOG. Don't you think a bad report will take them below 410 ?

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

Hiya billyjoe. Perhaps....maybe down to 400 or 385. I'd be surprised if it fell further than that. On the FA, I'm never led by the content of a report or news release; it's TA specific only for me. I'm very bullish on GOOG. For that reason I'd pass on shorting the pop on news, although that play may still work well for a quick scalp.

The TA setup I use for these earnings plays requires a 5min chart and bollinger bands of 100 and 2.5. Those bands are the places you want to consider for a trade. For GOOG, because of it's great daily and weekly charts, I favor buying any quick selloff down to the bottom band, which at this stage is around 416.00. Target can be the top band is 428.00. Close enough to 3% potential scalp. Or you coud target the daily upper band at 440, which is 5.7%. Or hold for my $550.00 target, which is 32%. Price action and volume will affect my target and how I manage it. If it acts great, the entry is perfect, volume supports, and it doesn't stall or form double top, then I'd hold for the swing. If the entry is poor but not stopped out, I'll likely close it out early at resistance for the scalp. If entry is poor, and news is bad, I'll get stopped out in a flash, and might experience some slippage if it's train-wreck bad news. I'd be surprised if GOOG crashes though. If it does and sells hard, then broader market top seems certain.

Vector is short daily bias....and managed another +81 points all on short side with YM futes today so price action intraday is favoring shorts....but who knows ... GOOG could rock, pop, and broader market continues the impulsiveness up....but I count it late in the count with retracement due soon.

Good luck dude.

[New-born baby]

Xom

Boys and Girls:
XOM looks like she's going to bust out of a cup formation. $$$$$$$$$$.

[New-born baby]

Vector is short daily bias....and managed another +81 points all on short side with YM futes today so price action intraday is favoring shorts....but who knows ... GOOG could rock, pop, and broader market continues the impulsiveness up....but I count it late in the count with retracement due soon.

Good luck dude.

Just wait until Monday. Options expiration always creates some kind of impulsive push: up or down. This time up. But Monday . . . .

[spikefader]

...I favor buying any quick selloff down to the bottom band, which at this stage is around 416.00. Target can be the top band is 428.00...or...440...or hold for my $550.00 target.

I wasn't online to trade this setup, but nice how it worked out
Time & sales data isn't clear whether you'd have gotten the fill, but the setup is worth learning for earnings anyway.

[alice4321us]

Goog

I bought some at 426.25 before the close.

[ninner]

Qsii

hey nb did u get in QSII today!!!! when i posted it on here LOL

[skiracer]

hey nb did u get in QSII today!!!! when i posted it on here LOL

Did QSII report today Ninner. I didn't see anything on the wires that would have prompted that spike up today. What's really nice about it is that it held most of the gain throughout the day and only close .25 off the high of the day. Nice play. Why don't you put your port up on my thread so that everyone can see your plays. Just post the stocks and I'll take care of the rest. No charge. Billyjoe is taking everyone who puts their port up there out for drinks on that GOOG play today. So hurry up and get yours on the sheet before he calls it off.