Skiracer's stock slopes

[skiracer]

Here are a few to consider. Like CAT alot from here and the setup. Will be looking for an entry tomorrow somewhere between 50.50 and 51. The recent picks are doing well as you can see. Some pretty nice gains on his selections.

[Runner]

SKI, you got mail!!

[skiracer]

SIRI just might take a fall today on the earnings report early this morning. Be careful and watch it closely that first half hour. That report looked kinda good but there are a few things in there that could be negative. Also issueing 400 million of new senior notes. Stock is down .01 in pre-market which is no big deal.

[skiracer]

Out of SIRI at 6.86. -.12 on the trade. I really thought it was going to go off. Holding one position right now. STGN. Anyone take a look at this stock.

[New-born baby]

Stgn

Out of SIRI at 6.86. -.12 on the trade. I really thought it was going to go off. Holding one position right now. STGN. Anyone take a look at this stock.

My view: bullish

Buy over $10 and ride. Probably will bust resistance today.

[skiracer]

TOL this morning on Briefing.com.

[New-born baby]

This might put MM over the top

TOL this morning on Briefing.com.

This news might just give MM the boost he needs to take 15% out the front door.

[skiracer]

Food for thought. I'm back looking at their puts a few months out.

[skiracer]

I thought this might be interesting. It's self-explanatory. Very pragmatic approach to risk and money management by a professional trader and hedge fund manager who consistently beats the markets.

[mystiky]

markets getting edgy....

I would not be going on much stuff right now...

volume low and maniuplation high...

[skiracer]

Exited STGN at 9.95/10 area the other day after the earnings release. Really a pretty good report but not enough for the instant gratification that is necessary to put it over the top these days. Decent trade though and took a 1.25 gain. Took CMVT long this morning at 25.78/25.85 range. Looked good to me this morning and it had my heart pounding there for a minute. Looked to be going off but staggered and fell back to below my entry. Recouped in the pm and finished up. Daily looks decent but I like the weekly better. So much depends on the general market right now. Nice to see Spike so bullish.

[skiracer]

I'm not married to this guy but his charts, picks, and analysis are usually right on the money.

[New-born baby]

So very nice

I'm not married to this guy but his charts, picks, and analysis are usually right on the money.

Beautiful post, Ski! A stance on the market with evidence to back it up! Beautiful post!

It may not take the entire market down, but it surely will hurt those sectors your post mentioned.

[skiracer]

These are from messages John Murphy of Stockcharts. He emails two or three of these a day. The message alert service is 19.95 per month. The best part about the service isn't so much the alerts an his take on the markets but his charting. He is considered one of the best market technicians out there an it's an education in itself getting his charts and perspective on the markets.

[skiracer]

Here's some interesting reading on oil and one man's perspective. It's a long read, 13 pages, but a somewhat radical line of thought an interesting. To access it go to Google search and plug in "hubbert's curve".