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POT calls now a 7 Bagger $3.60 to $22.70 WOW!
Ask Fatso Sam, I brought MANY here to this site from RBull back in the day. I was Grandfathered but I have been relagateed to this status because of my political views. Check out my posts, I have made a small fortune in the past 4 months alone,yet am only given 3 poste per day. I always thought this was a stock site,who cares about political views?????????? Yet the SHEEP still pay subscription fees to this Snake Oil Salesman. If you pay fees to a stock info site why am I not allowed to post? Show mw ONE person with the Stock Call Record I have and I will shut up. I STAND ON MY RECORD!!!!!! THIS SITE IS A SCAM
Thanks Lang,Only way to make a killing in the market is to stay in a position long enough to let it run it's course. As you may know I have repeatedly supported scaling orders both on the buy and sell portion of a trade. That being said for the current positions I am holding which represent a Significant profit I am always looking to l;ock in some gains along the way. My inclination right now is to maintain these holdings and I am bolstered by the market weakness friday afternoon. Moreover GE's statements are very very troubleing for the market going forward.
General Electric (GE), a powerhouse component of the Dow Industrials, sent the latest shiver through markets Friday, in this ongoing Bear Market. It reported disappointing first quarter profits, and lowered projected earnings for the year. The stock is down 12 percent mid-day Friday, April 11th. Further damage was struck by the news that Consumer Confidence fell to a 26 year low.
We continue to see lower highs in most major averages since October, the exception being Trannies, but they are showing signs of reversing their latest unconfirmed rally.
When the trannies go south the trap door will get crowded. So for now I am happy to be sitting on such large gains for 2 days in the trades and I anticipate to add to my gains going forward. As always Cheers and my thoughts for Good Fortune to all. Now I am going to pop a few Sam Adams and enjoy the Masters! BTW when has Fatso given any winners such as I have the past few months??????????? This is NOT a traders website,just a scam to get subscription fees.
Updated 2 day trading results,Very,Very Happy:))))
YM short,In 12588 now 12339 +249 pts for $1245/Contract,WOW
NQ short, In 1848 now 1806 +42 pts for $840/Contract,WOW!
DIA May 120 puts in @ 1.35 now 2.10 +55% ONE DAY!!!!
DRYS May 60 puts in @ 3.00 now 3.60 + 20% One Day
Can't wait for the Masters weekend play,Cheers everyone!
Check my plays for the year you'll see doubles,triples,and at least one quad. I have had an incredible trading YTD. To bad this site only allows me 3 posts per day. Investment site my Butt. These snake oil salesmen only want your subscription fees, different opinions are shown the door. Free posters are the way to go,heck 18 per day is all someone needs. Alot of shut ins here.
2 Day Trading results here,OUTSTANDING:)))))))))))
YM short,In 12588 now 12407 +181 pts for $905/Contract
NQ short, In 1848 now 1822 +26 pts for $130/Contract
DIA May 120 puts in @ 1.35 now 1.85 +37% ONE DAY!!!!
DRYS May 60 puts in @ 3.00 now 3.20 + 6% One Day
Have a Great Masters Weekend Everyone!!!!!!!!!!!!!!! As always my thoughts of Good Fortune to you and family
Added some to my 1st serving here
YM short @ 12625 (Avg. in is roughly 12588)
NQ short @ 1864 (Avg. in is roughly 1848)
Added DIA May 120 puts @ 1.35
Cheers everyone,off to catch The Masters
Couple plays,very busy here.
Short YM's 12550
Short NQ's 1833
Will short DRYS after open around 3.00 (May 60 puts)
I'll be placing several orders in the A.M. Feels like the whole market is wound Very tightly. Scary oil prices and a gloomy outlook by UPS is terrible news for the economy. UPS,FDX,Yellow Trucking are all excellent forward indicators IMHO. This could crash 600-800 points in the blink of an eye and I am planning to be in position to take advantage of a move such as that. Whan the selling starts people will be in a panic mode to fly to safety and protect their assets. Trillions have been lost and will continue to be lost in home values,wait till John Q. sees the sacred 401K diminish,stocks will get hammered another round. Sorry to be so pesimistic someone cheer me up!!! Alas the Masters is here:))))))) Cheers everyone,thats my ridiculous 3 posts today on this crappy site.
My picks are, Woods,G.Ogilvy,l.Donald,K.J. Choi,J Leonard
Total 274
Selling 3/4 ZG,to much $ on the table(2 day trade:),tight stop on the remaining 1/4 position. BTW with the jump in pre-market in POT I have a VERY short trigger and I'll be looking to cash in remaining 1/2 position. In 3.80 out $13.00+ looks like,that makes the retirement account happy.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27793652
My remaining POT calls now 3 Bagger Plus! Am I seeing that correctly? Trading now @ 13.90 Up from $3.60 < a few weeks:) I'll be moving my stop way up from $7 on my last 1/2 position on these POT Apr. 160 calls. Very,very nice week here guys. Cheers and as always my thoughts of goood fortune to you and family.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27793652
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28161774
ZG Longs Up 23 pts<3 days.$100/pt./contract:)))))
This week could prove explosive. Good read here,
For the moment, let's forget about patterns, and indicators and cycles, all well and good, but let's return to technical analysis 101 - trend-channels. Right now we see the Dow Industrials and most major averages stuck in one - a sideways channel. The Industrials have been range-bound all of 2008, unable to escape the support of 11,700 and the resistance of 12,700 on a closing basis. The past week, the Industrials have acted like they want to rise, but the resistance line just won't let them. Charles Dow called these periods "lines." But we do know a couple of things. First of all, the longer this sideways range goes on, the deeper the breakout up or down out of this range will be. The second key point is, once prices breakout from this range, either above 12,700 or below 11,700, prices should run hard in a sharp up or down trend. So entering a position on a breakout should prove a worthy risk.
The phi mate and Bradley model turn dates this coming week could be indicating either another leg from 12,700 back down to 11,700, or a breakout from this range. We shall see. But even another leg down to support offers an 800 +/- move, which is decent if you are a trader.
A second key trend-channel is shown at the bottom of page 19. This is a downward channel connecting three tops since October 2007 for the upper boundary, which is an exact parallel of a lower boundary connecting the key August 2007 and January 2008 lows. If the Bear Market is over, prices must rally above the upper boundary, above 13,000ish.
Friday's McClellan Oscillator had a small change for the third day in a row, which is extremely rare, falling 6.11 to positive + 174.27, perhaps suggesting we are about to see a very large price move next week.
We focus this weekend heavily on the Trannies, as this appears to be the renegade stock average, where Bulls are resting most of their hopes. Trannies have given a flagrant downside non-confirmation, not closing below their January lows like the Industrials have - not yet - so Bulls are saying this means there is something unreliable about the Bear market decline. While that is true, Trannies still have time to confirm on the downside, and our analysis suggests they are in a corrective rally from January 2008, and that correction is just about complete, needing one more rally day or two, to 5,100ish +/-. From there a sharp decline should arrive, possibly starting later this week at our phi mate turn date.
This weekend's report also reports on our Primary Trend indicator which has reached an interesting juncture.
air america randi rhodes called mrs clintona Whore I believe. Also on tape using the F word quite a bit. Although only 12 people heard it live. I thought aa went bankrupt due to their low listenership and no revenues. Owners lost so much money and didn't even pay their workers and were delinquent on medical coverage too. Dems can't run anything. Isn't that clown franken broke and trying to get a government job on my dime?
http://bighappyfaces.com/happy-face_happyface_smiley_800x800.gif>
Long this am ZG's @ 898.(Gold futures)May contracts.Morning Lang,yes still have 1/2 Pot calls, I have a stop at $7 which guarantees a double bagger.Although being apr. calls may cash out soon as only a few weeks left. That was a sweet trade, I try to watch that stock daily because any weakness is always bought as is gold in this range imho.
PCLN Looking a bit frothy here
Hey lang going to begin a buying spree on Gold futures in the a.m. 1ST entry will be tomorrow and if it continues to correct down I will simply buy more. I feel extremely confident about this position going forward. Flight to safety will add a windfall to my retirement account. Cheers my friend we will talk soon.
Sorry for your losses on dug,some never learn:)
(DEM)Stabenow's husband caught in prostitution sting:((
http://www.detnews.com/apps/pbcs.dll/article?AID=/20080402/METRO/804020443
What is it with DEMOCRATS and Hoars????????????????
POT calls were sweet for sure. Still have my YM's short swing,as well as X and FDX. Trying to be patient with those as I still feel move coming. Nice trade on gold futures buddy. Anything under 900 is a long buy on the Gold futures for me. I'll post my next play picking my spots carefully. Cheers
Sold 1/2 my POT calls for +160% < One week!!
In POT April 160 calls here @ 3.60 1st entry
Tax still in my YM swing trade,still in X and FDX puts. BTW Tax, The YM trade generated over $1500 of profits per contract, the X puts doubled in < a week and the FDX puts are a +50% winner. You could have cashed them all, however for some reason I am still sitting on all of them. So I would guess 400 was a GREAT place to short imho. I am definitly not convinced we are going to the moon any time soon. Cheers
JPMorgan to Buy Bear for $2 a Share
I SMELL SMOKE
http://biz.yahoo.com/ap/080316/jpmorgan_bear_stearns.html
Hi Lang, After 2 seperate purchases for each of my current posted buys I am riding these for now. If I see something with value I will post it. I am HEAVILY invested now in my YM shorts and X & FDX puts. This BSC news will cause panic IMHO,PPT will try to apply the brakes but would you be Long now?? House value gone, middle America will not let their savings dwindle without cutting the loses. Lock the doors and windows and if you see your neihgbor walking with a rope ask him if you can help!
Look at LDK and CNX for short moves,overbought
YM's up 330 pts.now,tomorrow could be a HUGE Windfall:))) Also I expect my puts to gain in value. As I have warned guys we are sitting on a house of cards and Bernake is out of his league. 2nd wave of forclosures are ready to hit whats the fed to do? PUMP another 200 billion? Chicken feed. Panic selling will be the result and we are positioned just beautifully here. I would laugh at the political clowns in Washington who think they can manipulate the markets except I fear many here are in for a world of pain. Those idiots created the problem by forcing lenders to abandon their red lighting policies and giving them the go ahead to reduce credit worthiness levels. Now we have the dollar getting ready to be used as wallpaper and oil/gas prices are going to KILL the consumer and a significant percentage of our population are in danger. Democrats want to raise taxes,open the borders and take over health care! Do you trust them? They can't even run a political campaign. Voters in Mi. and Fl. are being told to go pound it,Dem's are in CHAOS and they are in charge,God help us.
P.S. Lang,10K yes on IB I believe. E-mail them to be sure they may have changed their policies.
How many losers here still with OObama? As I predicted a long time ago hillary will be the nominee. What a gift that is:))))
Obama member for 20+ years of a racist church,admitted cocaine user,no experience. Maybe I should root for obama? Dems are in a state of Chaos. Denver is going to give the Chicago convention a run for its money. Blood in the hall,blood in the streets it will be a site to behold, can't wait.
http://online.wsj.com/article_email/SB120545277093135111-lMyQjAxMDI4MDE1NDQxNTQyWj.html
Yes game still holding X puts,maybe should have cashed some when they doubled but I still have time. This was touted by Cramer right after my entry but I am comfortable with it. Who's expanding their steel purchases at this time? Next downturn imho will give me an opportunity to cash out another winner.
Hi Lang,I use IB. Herre is the link.
http://individuals.interactivebrokers.com/en/main.php
Great point and click executions and some of the lowest commissions around. Highly recommended for everything except pennies.
My YM's now Up 130+ Pts. FDX easily up 50%. My X puts are now a bit under water after going up over 100%. I am still holding them as I see a big downdraft coming. ? for you all,today inflation numbers say it was flat! FLAT???????? Is there anyone in their right mind who doesn't think a families monthly budget is being squeezed. When the big move down comes I will be happy to be well positioned to cash in. Patience Grasshoopper for we are about to come into a WINDFALL. Have a greatPalm Sunday weekend everyone.
2nd Entry YM swing @ 12210. Avg. in @ 12115. US Printing press is not the long term solution here guys. Inflation,weaker jobs,energy costs etc... take your pick. Where does middle America find good news? Supermarket weekly costs? Gas pump? Rising Health costs? Rising Property Taxes? Etc,Etc,Etc... Most people financially are already carrying around a rope, some just need to find a good strong limb. I am not optimistic here at this time. PPT did it's job yesterday giving some cover here take advantage of it .
Sold the pump here,1st entry YM's swing @ 12020
Major Alert here guys,we are headed for a huge downturn and I advise you all to be very careful with your savings. I will begin to move a large amount of funds over time into what I believe is a safe haven. Todays recent down correction is giving us an entry into POT. Do your DD on this gem. Long term growth is CERTAIN and I will begin to nibble little by little as it corrects down. If it ever gets back to 125 put your No Touch money into it. People will always need food, and farmers wordwide need POT. No "weed" jokes please for those so inclined. Thats 3 posts for me guys,good night and my thoughts of Good Fortune to all,Cheers!
There was a lot of technical damage done to stock averages Friday. We got confirmation of 18 month, very Bearish Head & Shoulders tops patterns in several indices, as prices completed their right shoulders and fell decisively below necklines. These patterns are huge, and the downside targets are 20 percent below where we stand now in several averages. In other words, these patterns are calling for a stock market crash. These patterns are saying that the Bear Market is nowhere near over.
We also got half of a Dow Theory re-confirmation of the Bear Market, as the Dow Industrials closed below their January lows. We now await the same action from the Trannies for downside confirmation. If we do not get the confirmation, that means there is hope for Bulls, but no Bull market signal.
Further, prices fell decisively below the bottom boundary of a 26 year rising trend-channel from 1982, which could be suggesting that the current Bear market is the big one, one of major Supercycle degree, the fulfillment of the Kondratieff winter cycle technical folks have been watching for, for a decade. It suggests we may be headed for a depression, not just a recession.
FDX puts sitting at +50%<1 week:) Who needs high priced brokers? Phat matty boy has not handed out winners like these and he charges you guys $$$ to post. What a scam.
X puts sitting at about a 100% gain< 1 week:))))))) Ride the wave baby,what a year we are having so far with many 100% gainers. Cheers everyone!
Adding today to FDX play,avg. should end up around .95
Doubled up X puts yesterday @ 1.85. Avg. now 2.18
FDX April 80 puts @ 1.05 1st Entry. Play on the season and fuel costs.
I am still holding my X puts here because of the possibility of a huge move down based on yesterdays Phi mate turn date. Today is a big day and the futures are smiling on me at this time. Here is an interesting read. The analysis of a dollar in the 60's is freightening,40's imo is catastrophic. Overseas market having a bad day as well. The trap door is ready for all who are just standing still and the back door will get crowded when everyone is running out to the hills.
One interesting tidbit to glean from Monday's action is the McClellan Oscillator had a very small move, which often means there is a huge price move coming over the next day or two. Unfortunately, this indicator does not reveal which direction the move is going to take, so we will have to study our other indicators for clues. Today was the ideal best mathematical fit for our phi mate turn date. That could mean a bottom is arriving, or did arrive Monday. Or, it could have occurred a few days early, at last Wednesday's closing high. We should know a lot more tomorrow. The Full Stochastics on the chart at the bottom of page 10 in Monday's newsletter for subscribers argue for the coming large move to be up, even if it is a corrective rally, wave {ii} up shown on the chart on the top of page 12. The NDX is arguing that we are headed south and hard.
The Dow Industrials fell 7.49 points Monday, closing at 12,258.90. NYSE volume was 106 percent of its 10 day average, with downside volume leading at 53 percent, with declining issues at 54 percent, with downside points at 54 percent in mixed trading. Gold closed higher at 981.5. It should hit $1,300 in 2008. Silver closed above 20.00 !!! At 20.07, on its way toward 25.00, and Oil closed higher at $102.45, on its way to $130 a barrel. The Dollar fell a hair, down 0.02 to 73.68, along its journey toward the sixties, then eventually the 40's. Bonds fell to 118^18. The recent decline is corrective in a bull trend. The PPT has to buy the long end to keep Bonds headed in the right direction, unless a stock market collapse continues. The VIX fell 0.26 to 26.28 Monday, as fear remains in the options market.
RE: Gold not long yet kicking myself for not getting in on the last correction down. After such a run up past few weeks I'm on the sidelines right now.