Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
MCRL..I'll check it out. If your into stocks under $5 that have a good potential for a very sizeable up move, look at DSCM. Melinda Gates, Maveron (Howard Schultz's VC company), and good old John Doerr from Kliener Perkins got thier shares at $2.02. Had a great report last Q and soon to be profitable. I like it for a 60% gain from where it is now until the next Q report.
I pulled out of my BRCM short yesterday morning that I had for about a week. In the middle of the day yesterday I picked up some INTC, PMCS and BRCD. So far, so good. And yeah, I couldn't have been happier with that SOX call.
1350 may be in the cards this week, but if so, it better happen in the morning on Thursday. A lot of stuff got quickly overbought in the first couple hours this morning.
Best of luck to you.
INTC just broke $17.01. $17.70 next up..
What is encouraging is that INTC has 45% of yesterday's volume in 20% of open market time. Volume is nice..
was Jeff now Steve: I'm in the same camp as you. I have tommorrow being a strong day too.
MERQ is going to 19.
SOX in the 280's. Going on a buying spree now..
Looks like they are trying for an end of day ramp. I will wait for better prices on Monday. Have a great weekend everyone!
If we want a nice strong reversal, lets hope it is not in the middle of a day. White candlestick low rallies don't stick for the long term. If the turnips want 4-months of up time, we need to rally of an end of day low the next day, making longs chase and the shorts getting the sqeeze.
If selling accelerates in last 1/2 hour, I will start sticking my toes into some longs. Catching the absolute bottom on this is impossible anyway..
Good buy signal will be when INTC spikes down in the $15 area just long enough to accumulate scared shares. Then it's off to the races at $19.00 again. SOX 270-280 should be about right.
I am looking for the SOX to now break to about 270. Tuesday bottom fishing looks good to me.
Augieboo: SOX 250! Wow! How can that be hit if my 280 can't be hit by today or Monday? (LOL)
Just noticed that QCOM is trading under 15% of it's MAX PAIN value of 30. I might bite on it if it shows weakness tommorrow morning.
XBrit: The TV is background noise as I surf through the 20 or so sites to get updated on some technical reads of stocks and the market. I agree, lots of noise from this guy, and no real contribution.
WOW! Waxie from Trendfunds.com on TV right now! He looks like a hyper Mr.Clean with glasses.
Well lookeeee there. My premature short in BRCM a couple of days ago is in the $$. Whew!
Hi Jenna - lurked on your board for quite a while now. I liked your TARO short call, so I got in at $30.96. Holding up pretty well today. The Yahoo longs are indicating a bill to be passed by the government that will help TARO out, but they need to shake off a few first.
TARO hit it's 200 line today after it cam out with news. Was bought very heavily before the FDA news, so I expect a "sell the news" is happening right now, but the real plunge should be Friday or Monday.
was Jeff now Steve: It's not there yet, but looking like it might actually get there. I'm buying the break of 290 myself.
was Jeff now Steve: It's not there yet, but looking like it might actually get there. I'm buying the break of 290 myself.
Short TARO at $30.96. Holding out for $28 which should be in a couple of days (I hope).
And for your "DOW thrills", how about a 8518 close..
This smells like a 1296 close - the dealer is not gonna show you thier Ace in the hole until tommorrow.
In addition, the SOX printed a lower low already today. Ouch!
Still sticking to my SOX 280 call. Sell volume on the chips today will be higher than the buying volume over the last couple days, which means this is not a one day correction.
If not this Friday, then Monday next week. 280 is 19% down from today's close. Four trading days is not unrealistic..
If not this Friday, then Monday next week. 280 is 19% down from today's close. Four trading days is not unrealistic..
Patrick - No disrespect, but chill out. All I was merely trying to state is that the direction of the SOX will go down now, hopefully to my 280 call.
Patrick - I'm talking about the after hours and starting tommorow. I've been holding onto a BRCM short since $18.08, and want to reap the rewards before the weekend. LOL!
Post #9340 - SOX to 280's
Everything happening like I thought. SOX to 280's now..
SOX direction: Watch KLAC chart tommorrow. If it makes a bearish engulfing pattern (which I am assuming it will), short the chips with conviction. I have a triangle break on the SOX that can take into the 280's. The NAZ may only test its lows under 1200 on that move, and a move to 1140 would come after this short lived run.
I'm not sure how Zeev is getting his sustainable 6 month rally at this point. Have the turnips changed thier stance?
XBrit: Will do. Thanks!
wecus: With the weak volume we had today, youd be luck to see 1630 by November. We shall see...
INTC printed over $18.80 in th final minutes. $Print over 19.20 and I cover all shorts.
KLAC numbers out tommorrow after hours. But I expect SOX weakness going into the report, and then DROP...
Local top in IMHO. Careful..
Put in an order to short more BRCM at $19.50 and it hits $19.45. Crooks!
Zeev - Correct. I'm expecting NAZ 1140-1150 possibly this week, if not Monday next week.
As for MERQ, its got a double top at 50 on the RSI at a lower price. Not good.