NASDAQ Run''''s ($TACK)

[WolfOfWallStreet]

holding strong nice play

[WolfOfWallStreet]

the profit takers have stepped in

[greggor62]

KCAP punching through $2.50
Cmon you mothe, hold and break. No selling so far, the chart must look very strong?

[greggor62]

The bulls still in charge on KCAP. looks like the MM wants it higher, and there is no selling into it's rally. All good signs here

[greggor62]

Jesus, who slammed on the brakes? everything dropping quick now

[WolfOfWallStreet]

LOL I like dancing

[greggor62]

At least we have some more short covering today. The big Q? is how long will it last.

[Ownwallstreet]

gold was down 30 yest before fed announcement, then boom! lol, going strong today too.

fri could be bloody...

[greggor62]

ZLC gonna gap up at the open. one of these days . that sucker is gonna blow to the upside. Sad part is , it is a scarey one to hold, and when it does start, it's gonna happen real fast. IMO.

[greggor62]

BAC kickin hard.
Gold jumped big. might be time for a retrace on the mkt.s
Black fri. tomorrow? lol

[Ownwallstreet]

Fast stochastics show Dow is going to sell-off either today or tomorrow.

[Ownwallstreet]

BAC looking good; 8.36

[Ownwallstreet]

Thts why gold going way above $1k in the next few years, jmo.

FNM has a lil run in her...lot of overhang though too.

[greggor62]

Fannie is rockin pre. mkt. Good dance partner there Wolf
Smack that ask . lol

[greggor62]

Only good news please. lmao

[WolfOfWallStreet]

yeah bac looking good bought fnm yesturday

[greggor62]

thank you sir. gonna be very interesting to say the least.
Things are off to a very aggressive start. Perhaps too aggressive.

[Ownwallstreet]

Gonna be a very interesting day today for Dow, and I m wondering if BAC can hold 8.00, right now p/m she looks good, but we all have seen p/m rally's pass away at open lol

[Ownwallstreet]

Kcap, Resistance at 2.5, break and hold that, 3.00 is next resistance...tough near term road for it...but lookin like she can do it jmo

[Ownwallstreet]

From CNBC: US is already 'Bankrupt':
http://www.cnbc.com/id/15840232/?video=1065391533&play=1

[greggor62]

take a look at DRYS for a flip.

[greggor62]

Looks like ACAS is gonna trade higher today .
MCGC too.
I'm holding KCAP for a run. where do you see the next jump off point on the chart?
TIA

[Ownwallstreet]

C probly gonna be the best flipper imo

[Ownwallstreet]

Good but too busy studyin the series 7 materials to trade

Re C, BAC...C should test 4.00 then retrace and then we'll see what happens.

BAC, tested 8.00, needs to break and hold 8 before next move higher to 10.00.

C, got a lot of trash(shares and the gov'ts massive block lol)

[greggor62]

Morning all, What are we looking at today?
LVLT is gonna have a run soon. IMO
BAC is having a monsta run from $2.87 trading over #$8.00 this am. SIRI holding up so far. Hell all the financials are rockin.

[WolfOfWallStreet]

I hear ya tough choice when your in that position I guess

[greggor62]

Nice. I owned SIRI @ .099, and sold @ .078. Got scared.
That woulda been a quad on $1000.00. Jesus H Christ. lol
How'd you do on feed? It had a nice move the day before.

[greggor62]

Yes I am. Bought some KCAP a few days ago. It's a rockin.
How you making out?

[WolfOfWallStreet]

quick scalp on FEED today bought SIRI today

[Ownwallstreet]

Brotha I aint going nowhere, just needed to make that change for an upcoming poisition im attainting shortly..thats all.

So what up!? lol.

You're hopefully playing those beauty financial plays

[greggor62]

Morning Wolf, What are you trading this week?
I sold out of APP yesterday for a nice frofit, and bought into KCAP. This is a capital company that has been over beaten. They have 541 mil in assets, and the mkt. cap is at 41 mil.
GGP is one to keep an eye on as well.
GLTU

[greggor62]

Dude, ya can't leave me here alone. I need ya bro.
Hope all is well. and Good luck in your trading.

[WolfOfWallStreet]

looks like we might have a great week ahead IMO

[WolfOfWallStreet]

sorry to see u leave here

[Ownwallstreet]

ATTN: Greggor and CA$H, I will be resigning as mod...one of you can pick up the spot if you would like...ill still post here now and then.
Be well, TRADE HARD!!!!!!!

[greggor62]

How has the week gone for all?
I lost on XOMA-- early to the party again.
But made up on APP. in thurs. @ $1.44 closed fri @ $2.50
WEEEEEE feckin HA But I gotta tell ya, I lost my ass trying to trade in this bear mkt. If It goes cold again, i am shutting it down, til it turns again. Just sit and watch who is being picked on too hard, then come to her rescue when the mkt. turns. lol
I gotta learn the feckin charts.
Have a good one Fella's and the ladies, let me hear ya say "oww"
Say " HO"

[Ownwallstreet]

Beating Back Obamanomics
Mises Daily by Llewellyn H. Rockwell, Jr. | Posted on 3/6/2009 12:00:00 AM

It's raining, pouring, economic fallacies by the hour, followed by a flood of horrible policy that is driving us ever further into economic depression. The regime in charge has really gone nuts, revealing itself as both deeply ignorant and horribly evil.

We find ourselves facing the horror of what has always been the Achilles heel of the left wing: its abysmal ignorance of economic science. The ideological tendency has gone from Keynesianism to outright socialism in a matter of a few weeks.

And the trajectory seems to be accelerated mainly by the logic of the interventionist cycle: bad policy leads to bad results that are addressed through bad policy, and so on, straight down the fast track to serfdom. Obama's attachment to "transparency" — the buzzword of the day — allows all intelligent people to observe the sickening sight in real time, and to the cheers of the kept class of intellectual phonies like Ben Bernanke and Paul Krugman.

The encouraging thing — and perhaps this too was inevitable — is that the right wing is getting its act together. It has suddenly discovered that economics matters. You can cheer on the hot wars, fight the culture wars, and crack down on political dissidents all you want. But in the end, what makes for the good society is a sound economy. Without it, all the rest falls apart.

Thus all our favorite conservatives are starting to make sense. The American Spectator is alarmed. Rush Limbaugh sounds like LRC. The American Conservative has temporarily dropped its love of protectionism to warn of dollar inflation. The love of war has gone AWOL at National Review. The Heritage Foundation is warning that government spending and taxation are driving us to ruin. Pat Buchanan is defending the free market!

Where were these people during the last eight years of Bush's misrule? Asleep or seeking preferment or something. It's not as if Obama caused this crisis; he is only making it worse. In any case, the Right has begun to turn to the side of truth and justice, precisely as they did during Clinton's rule, and this is all to the good, in general.

But just in case we are observing yet another expedient shift, it might be a good idea to understand precisely why socialism is a bad idea. The Obama administration doesn't seem to get it. And there is plenty to get. Socialism crushes human rights, builds the state, impinges on the liberty of conscience, and breeds social, cultural, and economic degeneration.

People have made those points for hundreds of years. Somehow, and for whatever reason, many people rejected these critics. No, they said, all of this sounds plausible, but you don't understand how the sheer glory of the socialist ideal, with perfect equality and social justice, will bring about a new sense of things. Mankind will be inspired to share, create, work, and obey by the astonishing emergence of a completely new form of social organization.

[Ownwallstreet]

I love the blood, LET IT BLEED! Thats how markets fix themselves, gotta let them fix themselves...all this crap about injecting liquidity only prolongs the inevitable and devalues the dollar..Fn morons lol

[Ownwallstreet]

This link goves you insider transactions..though not fully current, as this is the free version: http://insidercow.com/

Type in XOMA and you will see insider transactions.

[greggor62]

RDN on watch. looks like the mkt. is gonna give most of yesterday's gains right back. I suppose, if we play the yoyo right, get in, and get out. It's possible to bank a profit in these tough trading times.
Hope all is well
Think green. lol
good luck

[greggor62]

Thanks, it's always good to know what the chart says. But This is an investment for me, and if she drops, I'll buy more.
DD this puppy without the chart in mind. You might be pleasantly surprised to hear the setiment on XOMA

[Ownwallstreet]

Rdn to continue its move north today...IMO

[Ownwallstreet]

I just checked the chart, shows a continued downward trend, and lots of sell presure as well as a continued decrease in accumulation...I give it a D- rating...buyout candidate maybe, but I aom not intereted in those plays...hope that helped?

[greggor62]

Hey guys, how goes it? I would like you to take a good look at XOMA. It is a biotech spec play, that finally after being the first biotech co. on the nasdaq, and not bringing 1 product to mkt, finally has a drug in phase 2 trial. This co. is not only a buyout cantidate, but also has had and continues to have ties to big pharma, including Genentech, Pfiser, and others.
It could be a while off before a payoff, but if you do a little DD, I think you will start buying a little at a time.
I took a starter position there today. The mgt. is solid as Sears. And they always manage to generate enough cap. to continue.
Check it out, and see if you agree.

[Ownwallstreet]

What you playing "mr. $tack" lol

[Ownwallstreet]

No, Was at class when she dipped. She gonna blow past 2.00 imo if dow stays green...(maybe not today but very soon.

[was CA$H]

You get any? She looks like she want to move UP now.

[Ownwallstreet]

RDN lookin like a buy in the low $1's

[was CA$H]

Nice trading ;) CWST....I'll check it out.....thanks greggor.

[greggor62]

Morning CA$H, ZLC worked out. in @ 1.17 Out at 1.45

Check out CWST. Double bottom on the chart. Maybe a good play
it went up in aft. hrs last night. I will be watching close this am. Cassella Waste. Good sector. but sumtim went wrong.
Maybe a buyout cantidate at this point.


Go get em.