Help!!!!!!!!!!!!!!!!!!!!

[dlb53151]

I am literally drowning in my CME - is this pig at the bottom yet?? I am also in deep in ARLP but starting to rebound at least. Any further thoughts on CME at this point?

[Runner]

From the 220.49 high I come up with downside target of 169.27. Need for it to set up. Chart is not talking to me. Bear candle at 180.79 (low) was trigger short. Not sure where you entered, but I hope your not to much in pain!!

[mrmarket]

I think both CME and ARLP are both earnings machines. I am very pleased owning these stocks.

[coachgbw]

wowsee

Both stocks are having blue light specials. Increase your holdings.

Good luck.

[mtm]

OUCH! Were are you in at? Not sure about the buy side, but don't see a major down side them.

[mooddude]

I am literally drowning in my CME - is this pig at the bottom yet?? I am also in deep in ARLP but starting to rebound at least. Any further thoughts on CME at this point?

You don't seem to be a weak holder. When you sell on this shakeout, it will be time to buy.

[scifos]

keep in mind that some people on this site have a vested interest in you not selling your shares, and would like to see more buying demand. I got out a long long time ago. Stops are useful.

[dlb53151]

I got in at 225 and dollar-cost-averaged my way down to 217......

[dlb53151]

It is nice to see ARLP pulling away from the recent gravitational pull....

Now let's hope for the same from CME....

[New-born baby]

Arlp

It is nice to see ARLP pulling away from the recent gravitational pull....

Now let's hope for the same from CME....

Here's what I see:

ARLP will head north to $72-74 before it fails. The only thing that will keep ARLP headed north will be high oil prices. If oil can burst up to $60 bbl. or more, then ARLP will run higher. I don't know if that will happen, and I am not the type of investor that wants to sit around and hope that she will.

If you are looking for $82+, well, I don't know . . . .

Here's the chart:



ARLP could take 5 waves down, too. . . but oil would have to be $35 for that.
It is possible that oil will pull back to $40 for awhile. But I think the longterm outlook is $50 oil. That is what the US gov't is forecasting for 2005-2006.

My advice would be to ride ARLP higher, putting trailing stops behind it, and get out if the oil price takes another dive. Let someone else 'feel the pain.' Then, if my head was set upon this stock, I'd re-enter at a channel long entry point. But I tend to leave a stock once she starts to play fickle with me. I just go and find another friend for awhile.

[New-born baby]

Cme

MM types,

Here's a chart on CME. I think she's going to take 5 waves down like she took 5 waves up. $132 or so for the bottom.



I hope I am wrong for your sakes. I do not own any CME and I am not short CME, so I won't root against you. But I do not like this chart long.

The market does not like $55 oil, much less $60. ARLP needs $60 to burst out of its funk. CME needs $35 oil to break out of its funk . . . .

Online brokers are reporting that a lot of accounts are being closed at this time. People can stand so much pain and then they quit. The pain I am referring to is the increase in the interest rates. People took out loans against their homes to invest in the market. Now that the market is a bear, and interest rates are bearish, a lot of them have just thrown in the towel. That doesn't bode well for CME.