Hot Pick Of The Day

[alice4321us]

Emc

My Fellow Chartists..

Any thoughts on EMC?

Thanks

Alice.

[ninner]

Emc

I WOULD have bought at the opening today.....it may have some resistance just above 10.25.

[New-born baby]

I'm back

My wife's father had a heart attack, so I missed the day. I'll respond to posts ASAP tonight. He's having--this is what they told me--a six way bypass. I've heard of 4 or 5 way bypasses, but never 6.

[peanuts]

My wife's father had a heart attack, so I missed the day. I'll respond to posts ASAP tonight. He's having--this is what they told me--a six way bypass. I've heard of 4 or 5 way bypasses, but never 6.

I hope the surgery goes well. You didn't miss much today

[DSteckler]

Best of luck to him. The father of one of my oldest friend's had a 6-way in FL two months ago and is doing fine now.

[Rob]

I have an uncle who will be 87 next month. He had a triple bypass when he was about 80 or 81, and he still plays 18 holes once in a while.

[New-born baby]

I have an uncle who will be 87 next month. He had a triple bypass when he was about 80 or 81, and he still plays 18 holes once in a while.

My father-in-law just got out of surgery: 6 way bypass, with extensive heart disease. Now the danger is a stroke caused by the surgery.

[New-born baby]

uhal really dived this morning ...down like 9%....another one to look for is CEPH...it was down hard..pnf charts..have a target of 42.

UHAL: too bad I wasn't around to short this dog down. But I wouldn't have anyway: no option chain. Man that option chain can pull you out of the fire if you jump the wrong way. SO I don't mess around with the ten cent stocks that don't have 'em: like UHAL. Not impressed with the company or their "product."

For those of you who like to pick the bones, UHAL has 'em to pick: $44 target. This chart is as ugly as Mildred's sister. ALice, you've still got time to jump on this one.

[New-born baby]

uhal really dived this morning ...down like 9%....another one to look for is CEPH...it was down hard..pnf charts..have a target of 42.

Burnt toast to $40. ALice, short this one too.

[New-born baby]

another one to short....the 50 day is just about to cross the 200....looks good...

Weak option chain, but who cares? The chart is so bearish . . . once that $34 marker busts, looking for $25 minus. Next real support is $22, so she's going to tank hard, I think.

[New-born baby]

Alice

My Fellow Chartists..

Any thoughts on EMC?

Thanks

Alice.

Alice,
WELLLLLLLLL, let's see about EMC:
PnF says she's still sick, down to $4. Right now has formed a double bottom, although that bottom is very close together (three weeks) and certainly no trustworthy. I still like it short, and would not risk a long here. IF EMC busts the $9.50 marker, short her down. But until then, I say, when the market is obviously bearish, and when there are all kinds of stocks screaming "short ME. Short MEEEEEE!!!", I leave 'tweeners alone. This one, imo, is a 'tweener--until the $9.50 marker busts.

[New-born baby]

Gyi

Anyone Short This Hog Today????

GYI: today was total indecision day on the part of the market. Looking like Mildred's weaker and uglier sister, she's headed South. But to be safe, wait until that $44 marker takes a hammer blow, and then jump on her will a four paws.

[New-born baby]

Glad to hear the good news.

Best of luck to him. The father of one of my oldest friend's had a 6-way in FL two months ago and is doing fine now.

Thanks, Dave and all.

[New-born baby]

LVS is getting a little beating today. It opened today below the 150 MA and has been looking weak for the last month or so. Technically, it is setting up for a nice short position if it breaks below $57.50... IF

$58 area has been a nice level of support

Peanuts:
I love this formation. LVS looks very ripe to bust $60 marker and fall into the $52 -$50 range or even lower. And a very nice option chain to short into Nice one, Peanuts.



Naw, I don't love "M-M and the Peanuts" as much as your classy Mr. Peanut logo, but perhaps I'll find something that really screams "class" for you.

[New-born baby]

How about HIET.OB....or else no one gets to bring water on the plane with them anymore..

Did you take profits today? I would have, and perhaps you'd best take them on Monday. What you have here is a news driven stock--re: pure emotion. Sure, a news play makes money, like PEIX But they also lose MoMo and drop like rocks, like PEIX . Anyway, today's candle suggests that Monday she pulls back. And people read charts over the weekend and Monday ought to be explosive.

Hey, this one didn't make the IBD 100 yet, did it? If it did, short her for sure

In all seriousness, it is hard to judge these penny stocks, but here is my best call for today: resistance stopped HIET today and you see the long wick above it. Lots of folks glad to get their money back out of this one. Still had impulsive move up today. Thursday, it finished at the high of the day, which is bullish for Friday. But today that topping wick warns of lower prices Monday. Huge volume day. IF****IF HIET can stay above $.39 on Monday, she looks good to hold until $.44, where mucho resistance dwells. So if she opens higher on Monday, I'd be looking for the $0.44 exit , because I like profits.