News Focus
News Focus
Followers 376
Posts 9065
Boards Moderated 3
Alias Born 03/04/2006

Re: deadjim post# 9094

Tuesday, 01/27/2015 11:15:49 AM

Tuesday, January 27, 2015 11:15:49 AM

Post# of 39190
DJ Some knew the bottom was in before and during the Mar 06 2009 low. The way to know was to have a barometer for the DOW. At the time that barometer was GE. From charts I predicted GE would drop to $6 long before it happened Buffet bought GE at like 20-25 before the big drop. At the time GE lead the market, the Dow. GE hit an intraday astounding low of $4.75 on Mar 5 forming a deep V-nothch. That was the bottom indicator.

Here is some emails I sent during the bottoming in Mar 09


From 3/03/09
To:

Ge hit my target of $6 for bounce play.

http://stockcharts.com/h-sc/ui?s=GE&p=D&b=5&g=0&id=p62147159951

Should be good for 30-40% near term or just buy and hold

---------------------------

Next day 03/04/09 GE bottomed


From:
To:
Subject: FAS DXO GE
Date: Sun, 8 Mar 2009 23:37:20 -0600

FAS 3x financial bull worth risking some money on GE rebounded a bit the last 2 days. DOW looks like it could bounce. FAS is gotten hammered so hard. If it isn't near a bottom it is getting close. Any good news from the Guru Giethner and FAS will double.

http://stockcharts.com/h-sc/ui?s=fas&p=D&b=5&g=0&id=p62147159951

DXO just below the 50ma and Iran tested a missle today. How nice of them. Crude oil futures up tonight. Contango is getting tighter all the time. OPEC meets next weekend. Crude rally all week.

http://stockcharts.com/h-sc/ui?s=dxo&p=D&b=5&g=0&id=p62147159951


Breakout target on DXO $5.3-$5.5.

GE barometer for the DOW

low 5.6 back above 7 could go to 10.


---------------------------------------

RE: FAS DXO GE?


RE: FAS DXO GE 3/10/09
To:

FAS GE DXO all running hard. FAS $3.39 +0.69 (+25.56%) GE $8.5502 +1.1402 (+15.39%)
DXO $2.5899 +0.0999 (+4.01%)

GE signaled the bottom rally in the broad market with the bounce off it's early mid 90's support level. $10 target not to far off. DOW up 250 pts today. FAS triple leverage makes for huge returns on the upside. DXO breaks above the 50ma today. Oil will continue to rally with OPEC meeting this weekend.



-----------------



GE FAS DXO?


GE FAS DXO
From: 3/14/09
To:

GE rally to $10 complete. The black spinning top signals pull back coming for GE. Or just hold it long term.

http://stockcharts.com/h-sc/ui?s=GE&p=D&yr=0&mn=2&dy=0&id=p10935219314

The $10 target was from the gap down on the 22 of FEb seen on the chart.

FAS up over 100% in 5 days look for slight pull back then I think it could go to $7 maybe 8 into the gap formed on 17Feb.

http://stockcharts.com/h-sc/ui?s=fas&p=D&yr=0&mn=2&dy=0&id=p10935219314

DXO more pressure building below the 50ma. Just a matter of time before it breaks above it. Crude oil will only go up over time. DXO is the play you can hold onto and in a few years it will be $10-20 and higher.



---------------------------------------

Heres a print screen of the charts GE FAS INDU DXO no longer exists








Note how GE bottomed on Mar 4 then was off to the races on the 6th and the INDU on the 6th then stayed at bottom on the 9th opening on the 10th giving 3-4 days at the bottom after GE signaled the bottom.


FAS just flat out kicked azz coming of the low. I alerted it on mar 8 at the bottom by the time numbnuts called it on the 12th it was already up 80% , 100% the next day.

[img]http://stockcharts.com/c-sc/sc?s=FAS&p=D&st=2009-02-22&en=2009-03-13&i=t72515014233&r=1422374885874[/img


There is always clues in the market Before the Nasdaq crashed from its top CISCO was the barometer leading it lower. SUNW at $128 Is it time for a SUNWSET? I predicted it would fall off a cliff and eventually go back to $5. The grief I got over that call. Months later some guy emailed me and told me he made a fortune on puts from it.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y