Hot Pick Of The Day

[New-born baby]

Tol

Newborn, thanks for the compliment, and I'd like to return it by saying you've been doing some fine charting work here, especially while Spike was absent.

The thing with VPHM is that there are people who think it's automatically going to make an unobstructed run up to 30 by year's end. That'd be great, but as long as stocks exist, stocks will always correct. Actually considering VPHM's monster run-up, it's correction thus far has been somewhat benign.

I'm actually tempted to scoop up a housing stock (TOL and MTH are actually my favorites), but I'd like to see some more support. Today was a good first step.

You may think I'm nuts, but I like TOL best of all. I am thinking of selling all my losing KBH--all of it--to take the tax loss, and taking all that money and buying 1.5 times the shares of TOL. KBH is $73; TOL is $49, so I can get a lot more shares. I think TOL recoups its losses faster--see MM's writeup about it. It has more volume, a lower beta, and is generally favored by the market. And then again, TOL throws a dividend at you if you own the stock by August 15th I think. So there's a third bonus.

MTH--don't know much about it. I did see it made MM's top five. But four housing stocks in a row would have been too much.

[New-born baby]

GooG's Shoulders

Yes, GooG's shoulders are showing, and if it breaks the neck tomorrow, Dow Theory says that $270- is in the cards for GooG.


Yesterday I posted a shoulder~head~shoulder on NGPS and said that $24- would be in the cards for NGPS. It made it in one day. Now let's see if GooG can fall $20 in one day. Doubt it.

[spikefader]

Newborn;

A few thoughts on the comparison between KBH, TOL and MTH.

[Peter Hansen]

The TREND is your friend

Guys if the trend is your friend, then perhaps Neurometrix Inc ((NURO) could be one of your girlfriends. MSN gives it a 10 rating, and stockscores gives it 65 & 73 Rating. The chart looks super.....but the fundamentals are lacking. Any comments on this one? I know this one would not win any accolades from Mr Market.........but it may still have legs to run? Thanx for any help on this one!

[spikefader]

Guys if the trend is your friend, then perhaps Neurometrix Inc ((NURO) could be one of your girlfriends. MSN gives it a 10 rating, and stockscores gives it 65 & 73 Rating. The chart looks super.....but the fundamentals are lacking. Any comments on this one? I know this one would not win any accolades from Mr Market.........but it may still have legs to run? Thanx for any help on this one!

Nice Hot Pick of the day Peter. One could justify an aggressive entry today for it. Calculating the r/r and stop placement is the tricky part.

[B.J]

But before you buy, consider this scenario:

Newborn, if the VPHM SHS scenario comes to pass, what would you say is a target? 7 or 8?

Preferably, I'd like to just see a straight drop to weed 'em out at once.

[New-born baby]

Multiple resistance lines

Newborn, if the VPHM SHS scenario comes to pass, what would you say is a target? 7 or 8?

Preferably, I'd like to just see a straight drop to weed 'em out at once.

It would first have to break resistance at $10, but after that the next stop is $7.70, and $7 even. Just my opinion of course

[Runner]

NB, MCD hit target today right on the money. Had the chart saved on stockcharts.

[New-born baby]

Runner, you're wonderful

NB, MCD hit target today right on the money. Had the chart saved on stockcharts.

See what I mean, Runner. You're wonderful! No wonder you have that fancy new addition on your house. Just came right out of the market. Congratulations!

[New-born baby]

GooG

Yesterday I posted the shoulder~head~shoulder on GooG. Today she broke her neck. Down $5.87. First target is $275, second target $265. Volume has dried up with her. And the MACD is actually below zero on this powerhouse.

No, I didn't short the chart. If I just read the chart and forget what I think, I would have.

[Runner]

Yea, but I sold it around 29. I think and bot back @ 30.05. No biggie still nice little trade. NB what you think of SONC from 20.15?


edit: 30.15
edit: add chart

[B.J]

Newborn... a lot of those SHS's going around lately...

[New-born baby]

Sonc

Yea, but I sold it around 29. I think and bot back @ 30.05. No biggie still nice little trade. NB what you think of SONC from 20.15

Wonderful from $20.15! See, you know how to make the $$$$$$.
Still got about $1-$2 left in her.

[Websman]

Newborn, if the VPHM SHS scenario comes to pass, what would you say is a target? 7 or 8?

Preferably, I'd like to just see a straight drop to weed 'em out at once.

$7 would be great. I'll take it.

[dmk112]

$7 would be great. I'll take it.

Where's the SHS???