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Hi Softie,
Terrible.......the sound of bears getting chopped up by huge horns. Of course.....they are elephant tusks doing most of the damage<VBG>.
Fletch
http://money.cnn.com/markets/morning_call/index.html
OK gang....try and pick me out from that group! All I can say is .......I'm not a red neck.......<VVBG>,
http://investorshub.com/boards/read_msg.asp?message_id=1832753
Fletch
the Bull Turkey
Thanks for your market insight (sell the news) Zeev,
Yahoo earnings says it December 11th, so we have some time for it to hit 50 yet ggg.
http://biz.yahoo.com/research/earncal/c/coo.html
Fletch
Hi Zeev,
How does this "clear air" chart look to you? Glad I'm in this core <g>.
I'm in 7 of your core plays right now btw,
Fletch
Then of course there is the BU$$ chart....looks like we should kick a field goal...talk about flag poles.
Hey gang,
I just wanted to show a couple of charts tonight.
Fletch
Possible head and shoulders....a consolve fer sure.....
Looks a little tired huh? Sideways to say the least.....but higher lows.... :)
This one still has legs....The small caps a runnen.......new highs
A canary to watch..........the banks have the $...making a bullish W? Need new highs tho.
Wishing a happy Thanksgiving to all.
Fletch
wahz and board,
When I post "other" charts.......and picks, other then the wahz top 20 or wahz watch list...they are what I consider ones to look at.
I don't have all of wahz's main plays or watch list and do have some "other plays". Usually they are ones I consider value plays and or ones wahz may have overlooked for possible upside.
May I also add that wahz has done a very good job of finding real good companies to buy in a bull market. May the great Elephants tromple and stampede over all in thier path,
<VBG> Fletch :)
No chart this time.......no...look...JBSS did hit the 20 day and then some........NUTS! lol...augie
And one to calm you down.......Which first.....the chicken or the egg?
NENG took out 10 again and held it. It should make it support, you'd think. IMHO, a bullish chart.
Fletch
One with fundies to look at....
Another one stepping on up.
Hi wahz and the board,
<<<<Folks, for what its worth, my position in neng, taken well under 5, and then around 6.25, is based on how i think the company is positioned with regard to emc. I see emc as a 3 bagger from her over the next 3 years, and neng probably doubling that, but its not based on ta at all.>>>>
I'm in NENG lower myself but because it's part of your plan, not as low. I myself try and combine TA, fundamentals and the overall market. I may buy trader positions as an addition to core holdings but very rarely or never buy shares, to just trade, based on TA alone.
<<<<as an aside: it looks like I am getting another wave of personal attacks based on my enthusiasm on late Thursday. Forgive me if I back off for awhile, but understand why. Unreal.>>>>
I have several of the boards top picks and one of them isn't doing so hot.....AVNX. Who do I blame this on?........ME
Being a grown adult, I've taken full responsibility for my actions. The market has never behaved just like I thought it would and it's very challenging just learning all the ins and outs. I might suggest to some, that the bank, mattress or even mutual funds, as a place for their money. I like wahz and respect his opinion.
LET HIM BE wahz.
Cya,
Fletch
Hi Linda,
I'm sorry I haven't noticed the strange buying or selling on NENG but it does look like the 9.20 to 9.40 area is resistance for now. I look for chart patterns and wedges, cups, bases are generally good. The ones to get out of are those from that old western song....rolling rolling rolling rawhide. Rawhide..which is what you get if you stay in them too long.
Fletch
This one has a cup with handle formation, although not a real good example. They're usually better if it forms over a longer time frame. I'm in this one from the bottom of the handle.
A better cup with handle can be seen here. But right now it's rolling rolling rolling rawhide tho.
Actually Bacc.....looks like a couple of double C cups <VBG> ........ forming a very bullish W pattern. NENG will soon have upside IMO, with new highs......possible. (may need an elephant or 2 for assist?:)....<ggg>
Fletch
Now...for the very rare....Value play chart!...I give you......MAXF....P/E=5 + a buy now IMVHO.
Pays a divi now too.......................MAXF
Hey,
I just wanted to grab a grub here.....post #9000. I might as well post a chart too lol.
Fletch
I like ones with cups in them. Just wish it was 6 months ago tho.
Hey WinLoseOrDraw,
Funny thing I've noticed.......If I buy a chart with fundies...it soon tanks.....if I watch and wait, it keeps on going up.
Or so it seems,
Fletch
This about sums it up.....
Hey augie,
Yes........but that 20 day is a couple points higher now <ng>.
I'll be waiting,
Fletch
Look at this runner.....another low carb play.......Eggs!
Look at the long base......
Maybe we just fill that gap at comp 1866.43 and stay clear of the 100 day.....till later. No prediction....
just a thought,
Fletch
Hi Bits,
For all those good reasons to rally there are equal ones to crash. Mutual Funds are in a big scandal, threats of terrorist activity abound, China taking away all our jobs, we are in another equity bubble.......but
I'm still Bullish :),
Fletch
What....no bullish chart?......OK my fav golden play.....helps when the going gets tough....
Nice chart bits......I'm just hoping we aren't headed for the 100 day tag.....that could be very painful right now....the candle tail says no......
Fletch
Hey WinLoseOrDraw,
You can't blame them at all for grabbing the Linux code and running with it. IBM and Sun have been using Linux on servers for some time now. The Windows "all ports are open" has been much too hacker friendly. I'm running Linux on my new Dell from a CD right now. Sun has Linux looking like windows and they have it in all the different languages. I think it'll take some time before Linux makes big inroads on all the private desk tops but Windows now has some competition.
Fletch
Read this from IBM..they are running Linux on this beast.....
http://story.news.yahoo.com/news?tmpl=story&cid=74&e=1&u=/cmp/20031115/tc_cmp/16100789
This flag may be gapped tomorrow
Another Linux play
Sun up AH.....Might be a new China play.....
Fletch
Press Release Source: Sun Microsystems, Inc.
Sun and the China Standard Software Company Partner to Establish the Java Desktop System(TM) as the Foundation for China's Fast Growing IT Industry
Monday November 17, 4:00 pm ET
Multi-Year Deal Kicks Off Global Campaign to Bridge the 'Digital Divide'
SANTA CLARA, Calif., Nov. 17 /PRNewswire-FirstCall/ -- Sun Microsystems, Inc. (Nasdaq: SUNW - News) today announced a far reaching agreement with the China Standard Software Co., Ltd. (CSSC) to establish Sun's Java(TM) Desktop System(TM) as the foundation for standard desktop development and deployment in the People's Republic of China (PRC). The CSSC is a consortium of Chinese technology companies supported by the Chinese government to produce a nationwide standard desktop software system to help bridge the digital divide among the nation's 1.3 billion citizens. The CSSC has selected Sun as its preferred technology partner to help reach this goal.
More at:http://biz.yahoo.com/prnews/031117/sfm143_1.html
(Or perhaps it's not snobbishness so much as the six-figure debt I racked up during my "real" education?)
Me too.......sorry that both our educations were so very very costly....>ng<......That F'n bear got too many...ruined lots of dreams too....very very sad,
Fletch
Brighter "BULL" days a coming........+ wiser now I hope?????? I only hope...wish for the wisdom to sell "The Top".......of the new mini bull.....may the funds hold all the the bags....and not us LOL.
augie,
I was a member of IBD but due to a cut back on cost of investing, during the great bear, I dropped them. Still a premium Morningstar member and should switch to IBD and drop Morningstar. Can you list your top 15? Not that I'm looking for more tickers...this is a disease LOL. I'm so sorry I'm attracted to challenges of which the "market" is the biggest I've ever yet faced......but can be so rewarding..... ;>) for today...
Thanks,
Fletch
Another chart to gaze at.........very lucky...I'm in from bottom left.
Hey augie,
We are in a wonderful bull market :) JBSS has been running and the fundies say the trend can continue on it. Nuts are being bought by the anti carb folks IMO, so..... My only problem is too many plays. I need to whittle down my bloated fund of a port just to make room for JBSS. I have china stuff, gold stuff, value stuff, wahz stuff, cores.....too many. JBSS did hit the bigcharts 20 day EMA at 33 but not the Stockcharts 20 day. It was a buy at 33 (IMVHO) but I was more into CYD at the time. Working and following stocks, especially more then a couple, is very tough for me.
Good luck augie and thanks for JBSS,
Fletch
PS The Trenchrat gang likes it too but like I said, none cares about a little nut company lol.
Looking for an entry here too.....odd.....buying over gaps works now! Breakout..new high.
Read this on Linux..http://story.news.yahoo.com/news?tmpl=story&cid=74&e=3&u=/cmp/20031112/tc_cmp/16100352
augie,
Can it hit the 20 day soon?
Did I buy it......nope.....bot the fear on this one.....I will tho..
Thanks for your thoughts AG and I agree with you on the e-wave stuff. The Savvy guy does make them pretty tho......don't he? A sideways action wouldn't hurt at all now.
Let the market rest,
Fletch
That new higher box didn't last very long.
Hi augieboo,
Great chart and it's been added to my watch list....Funny thing I've noticed. If a tech stock took off like this it would be a prize to hold and rave about but it's just a little nut company........so nobody cares.
Wishing I was in it,
Fletch
Can it hit the 20 day soon?
wahz....look at this breakout will you.......Possibly due a move from the bottom line up to the top lol.
Fletch
Longer term view
A mysterious arc of light found behind a distant cluster of galaxies has turned out to be the biggest, brightest, and hottest star-forming region ever seen in space.
wahz and others......let me know what you think of this?
http://www.amateur-investors.com/Chart_History_of_Stock_Market.htm
To me it looks like we are just starting to go up LOL,
Fletch
I must leave you with a chart or two.....so a wahz semi play running...a little over bot tho.
Did we break out of the old box....??? The hammer candle says yes. Bears calling for tops but new highs common.
Hey wahz,
I'd love to hear why you don't like RHAT......I can wait for your answer....but.....please make it not too long a wait<g>.
Much Thanks,
Fletch
NENG earnings weren't bad...sell the news? a buying op? I Like NENG
A mysterious arc of light found behind a distant cluster of galaxies has turned out to be the biggest, brightest, and hottest star-forming region ever seen in space.
http://hubblesite.org/
Hi Zeev,
Here is a chart to look at. I don't think you follow it but may want it on radar. AHMH has a P/E of 5 and is a cup with handle formation. Way up today after a mini wedge.
Fletch
They even have blue D's
Hey Zeev,
Your thought that AGM would break up into a new channel was correct. <<< I think that the next few days (maybe two weeks?) may see the top of the box taken out and a new trading range between about $31 to $36 established >>>
Some charts to look at,
Fletch
Kind of has a cup with handle look.....no?
RHAT took off after last earnings. Linux up and coming!
CYD has been a monster.
NTE doing fine too. Look at that hammer candle over the E.
NENG was a buy on the dip.
LEXR going to 40? New high today.
Agree, I used the opportunity to pick up some NENG. I like most of wahz's picks including NENG but also like RHAT, LEXR, NTE, CYD and a few others <g>.
Fletch
wahz,
How does this look to you? The 100 day would take the comp to around 1800 in a week.
Fletch
Hey Zeev,
When you say it's a 10 year play, I'm all for holding it. I didn't buy at the bottom at 23 but not a terrible entry for the slow swing type trader I am. At least the double position was taken away by a stop above 40, before it fell, long ago <g>. It's still over 20% short, according to some, which may account for some of the run today. PII, COO and MAXF are some other cores I'm very happy with so far.
Core holding,
Fletch............Possible that some gaps were left in there today.
Remember I liked LEXR early?....My next buy is in this one. Missed it much lower <ng>.
RHAT, CYD, NTE all doing good..I like TLK, BU$$, SONS, AVNX & FNSR too.
wahz,
You know, I should always remind myself to keep looking at different chart time frames. CIEN takes on a different look on a one year.........doesn't it?
Fletch
Cup with a handle formation now? Chopping up......anyway you look at it......What a buy at $2.50
I really like this one......P/E of 7 and it has a blue D too
Hi wahz,
MANU's charts has a good formation or look to it too.
Fletch
Cup with handle.
CIEN isn't running but making a good higher low up channel.
wahz,
You have mentioned your 15 best bets and I do like some of them a lot. Have you considered China and or Asian telecoms at all? They are in a bull market (Asia-China) of their own, along with gold. I'd like your thoughts on UTSI and TLK for instance. Also, what are your thoughts on SONS?
Thanks,
Fletch
We are in a bull....the liquidity juice is felt by many IMO. Bears beware!
This one I picked up near 11 <g>.
Not so lucky here...38 was my entry but split pending and holding some still.
Hey Bullwinkle,
Thanks for the link!
You are shell shocked from a big bad 3 year bear market...as I. Us bulls were slaughtered for most of it and are very gun shy still. IMHO, we have entered a new mini bull market within the longer term bear. I've sold some way early that became very profitable.....like I bought ARMHY near 2 and sold at 3.20.....it's now over 5! I've done that on a couple others too but it's too painful to confess all and your not a priest anyway LOL. One of my big faults that I'm working on is patients. I'll watch and covet a runner....then when it weakens, I'm much too quick to jump in, so I catch a falling knife. Lately I've done better buying partial positions at like the 20 day or known support. The bull helps and I must remind myself not to churn the port.
I'm now trying to position myself in some that I think can run up but have limited downside. I can't watch during the day like the "day" traders do, so I must try and be in the best stuff. EENC is a good one btw. I'm also trying to think longer term.
Good luck,
Fletch
Hey Bullwinkle,
One I'm in and just found out the chart looks even better is AHMH. The 2 and 3 year charts are a cup with handle formation and we are in the handle stage. This company has great fundies but was struck with rising interest rate and lower earnings fears. With a P/E this low, the earnings can drop some and it's still a value buy IMO.
Happy trades,
;>)
Fletch
Look at Zeev's 10 year play AGM again.
Hi Zeev,
I know your are out of AGM but I'm still in it. The chart tells me it's strong. Still like RHAT, CYD, LEXR and SONS too.
Fletch
Wahz,
A very meaningful congratz on calling this bull market to a "T" so far. My hat is off to you my friend. please keep up the great work!
Fletch